Thursday, August 06, 2026

Sensex +200pts, Nifty above 24,600 on US-Iran peace hopes. RBI teases new framework to standardize interest rate rules. Hong Kong insurers getting smoked on report China will tax offshore policy income. India macro in focus — RBI wants to clean up the rate rulebook, and the monsoon is wrecking infrastructure. Delhi on orange alert, Assam flood death toll hits 95, Uttarakhand on high alert. Not great for logistics or consumption names. The China defense AI story is accelerating — SCMP calls it "China's Palantir" as private tech firms surge into military contracts. Palantir CEO Karp is already throwing punches at OpenAI and Anthropic, telling them not to "drug addict" us. The AI arms race is getting loud. Meta is chasing OpenAI and Anthropic with a new AI coding app. The issue is, they're late to a space where switching costs are high and developer loyalty is sticky. Good signal for the space, bad signal for Meta's moat. Interesting macro cross-current: Brazil says it will become a r

Sensex +200pts, Nifty above 24,600 on US-Iran peace hopes. RBI teases new framework to standardize interest rate rules. Hong Kong insurers getting smoked on report China will tax offshore policy income.