Indian Market

Indian equities have lagged global markets due to AI-led capital flows, valuation pressures and global uncertainties. However, strong domestic demand, policy continuity, infrastructure growth and healthy fundamentals continue to support India's long-term outlook.

Foreign Portfolio Investors (FPIs) influence Indian markets but their control has diminished. Increased domestic participation has reduced reliance on foreign capital, allowing the market to remain resilient even during significant FPI outflows in recent years.

Global equity markets surged on reports of a possible US-Iran agreement to end West Asia conflict, with Indian indices Nifty 50 and Sensex both rising 1.2%.

European wines will enter the Indian market at reduced prices under a free trade agreement that will significantly lower import duties. Indian wines will also gain access to EU markets, with concessions announced for both sides.

Mercedes sales in India declined 3% to 19,007 in 2025, while BMW closed the gap with 14% growth to 18,001 units. But Mercedes says it won't get into a pricing war for entry-level luxury cars to drive volumes.

The duty imposed in April 2021 will remain in force during the review period unless it is withdrawn, amended or superseded earlier, said a finance ministry notification.