Linde India Ltd. Share Price

India' Falls Nearly 16% in Dollar Terms — But This investor!

ndia has been one of the weaker-performing major Asian equity markets in 2026. Yet Jefferies' global equity strategist Chris Wood is maintaining an overweight position on India. The key message: despite currency weakness and a sharp relative underperformance, India's domestic growth story may still have room to recover. But this is not a call for investors to buy everything blindly. -->The Numbers Behind Chris Wood's View According to Jefferies' October 2026 Asia-Pacific strategy report: MSCI India: Down approximately 15.6% in US dollar terms year to date through September 30. Jefferies' India allocation: 12% of its Asia-Pacific ex-Japan portfolio. Benchmark India weight: Approximately 10.5%. In simple terms, Jefferies is allocating a larger share to India than its benchmark does—even after the market's underperformance. Important distinction: the 15.6% decline refers to India's equity index performance in dollar terms, not a 16% fall in the rupee itself. --->Why Is Chris Wood Still Positive on India? 1. Domestic Demand Could Recover 2. Credit Growth Remains Strong 3. Private Capex Could Pick Up 4. Earnings Growth Could Improve --->Which Sectors and Stocks Could Benefit? 1. Banking & Financials-

JSW Steel: production growth keeps the stock in focus

JSW Steel reported 5% YoY growth in consolidated crude steel production to 7.27 million tonnes in Q2 FY27. India production also grew 5% YoY to 7.07 million tonnes. The sequential improvement is more interesting. Overall production increased 10% QoQ, while India production rose 11% during the quarter. For a steel company, volume growth is only one part of the earnings story. The next question is whether higher production can translate into better profitability. Steel prices, spreads, raw-material costs and capacity utilisation will determine how much of this volume growth reaches the bottom line. India remains the key market to watch. Higher domestic production combined with healthy demand from infrastructure, automobiles and construction could support volumes. At the same time, investors need to keep an eye on imports and global steel prices. The timing is also important. The Nifty 50 fell 1.64% on Thursday, closing at 22,231.80. In this weak market, stocks showing positive operating momentum deserve closer attention, but the broader trend remains under pressure. For traders, I would watch the reaction to the Q2 production numbers rather than buying simply because production increased. A sustained move above the recent resistance zone with strong volumes would provide better confirmation. For investors, the key numbers in the upcoming results will be EBITDA per tonne, steel realisations, net debt and management commentary on demand. My view: The production update is positive, particularly because of the sequential improvement. But the real trigger will be whether margins and cash generation improve along with volumes. Disclosure: I do not hold JSW Steel shares as of this post. This content is for educational and informational purposes only and is not a recommendation to buy or sell.

Tata Steel: The domestic volume story is improving

Tata Steel Limited

Linde India completes Tata Steel gas unit acquisition

MACRO DATA--> UPDATE THAT BENEFIT THIS SECTORS STOCKS!

India’s foreign exchange reserves have witnessed another sharp decline. For the week ended September 25, 2026, India’s forex reserves fell by $18.34 billion to around $747.56 billion. This was the third consecutive weekly decline, with reserves falling by more than $38 billion over three weeks from the record high of around $785.71 billion reached earlier in September. But the bigger question for investors is: What does falling forex reserves mean for the Rupee and Indian stocks? Why Did Forex Reserves Fall? The biggest decline came from Foreign Currency Assets (FCAs). Foreign Currency Assets ↓ $15.57 billion to around $615.41 billion Gold reserves also declined by around $2.59 billion to approximately $108.70 billion. The fall comes amid pressure on the Indian Rupee, with the RBI intervening in the foreign exchange market to manage excessive currency volatility. ---->🇮🇳 What Does This Mean for the Rupee? The important transmission mechanism is: Forex Pressure → Rupee Pressure → USD/INR Moves Higher If the Rupee weakens against the US Dollar, companies that earn a significant portion of their revenue in dollars can benefit when those revenues are converted back into Rupees. This creates an important distinction: Weak Rupee = Negative for Importers --->IT AND PHARMA Sector Could Benefit

Key Highlights for inox india — 1 October   2026