Markets Steady, Rupee Gains: Modi's Reforms Push, Russia Oil Dips, Global Events Unfold
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CNBC TV1830-12-2025, 21:59

Markets Steady, Rupee Gains: Modi's Reforms Push, Russia Oil Dips, Global Events Unfold

  • Indian markets (Sensex, Nifty) ended flat, with sectoral gains in metals and auto offsetting broader weakness.
  • PM Modi met economists, emphasizing mission-mode reforms for long-term growth ahead of the 2026 Union Budget.
  • India's crude oil imports from Russia sharply declined in December due to sanctions, though Russia remains a top supplier.
  • PM Modi expressed concern over an alleged attack on Russian President Vladimir Putin's residence, despite Ukraine's denial.
  • Key corporate and global news: IndiGo faces GST demand, Blinkit CFO resigns, Meta acquires AI startup Manus, Bangladesh's Khaleda Zia dies, and India's diamond industry seeks aid.

Why It Matters: A day of steady markets, policy discussions, and diverse global and corporate developments.

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