Global & India Market Highlights – 15th September

Geopolitics and trade talks dominated headlines on September 15, setting the tone for markets. In the U.S., President Trump is likely to extend the deadline for Bytedance to divest TikTok’s U.S. assets, the fourth such delay. (Infosys, TCS, HCLTech,

) China’s Commerce Ministry launched probes into U.S. chip policy and dumping, just before fresh trade talks in Spain. (Dixon, , ASM Tech, Reliance Jio chip push) Foreign Minister Wang Yi opposed G7 tariff plans on Russian oil, stressing sanctions worsen conflicts. ( , BPCL, HPCL, Reliance) India’s inflation came in at 2.07% in August, in line with estimates, driven by food price upticks while core CPI stayed steady at 4.1%. (HUL, , Britannia, DMart) The U.S. softened stance on dairy access, saying it mainly seeks to export premium cheese, not compete in mass milk. (Hatsun, Heritage Foods, Parag Milk, Dodla) CBIC clarified buyers won’t need to reverse ITC on post-sale credit notes, providing relief to corporates. (Autos – Maruti, M&M; Durables – Havells, Voltas; Cement – UltraTech) Govt proposed 20-year tax exemptions for data centre developers in the draft National Data Centre Policy. (Adani Ent, Reliance, L&T, STL Tech) Smartphone exports surged 55% in Apr–Aug FY26, led by Apple’s partners Tata Electronics and Foxconn, already crossing FY23 full-year tally. (Dixon, Tata group, Optiemus, Syrma SGS, Kaynes Tech) India-EU trade talks have entered a decisive stage, with hopes of a pact by year-end. (Pharma – Sun, Cipla; Auto – Tata Motors, M&M; Textiles – Arvind; Chemicals – SRF, Aarti) Asia-Pacific markets opened mixed ahead of Chinese data and central bank meetings, while Japan remained shut for holiday.