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Business Today: Reliance Stock Plunges, Steel Majors Face Antitrust Probe & BCCL IPO Outlook
visibility comment0 event January 6, 2026 timer 08:41

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This special report details significant market-moving events, led by a sharp decline in Reliance Industries’ stock that erased ₹1 lakh crore from investor wealth. Adding to market volatility, a Competition Commission of India (CCI) probe has implicated major producers like Tata Steel and JSW Steel in alleged price collusion. Amid these developments, a new investment opportunity arises with the IPO of Bharat Coking Coal Limited (BCCL), a Coal India subsidiary, opening on January 9. The program also analyzes the auto sector, covering December’s retail sales data and the launch of the new Mahindra XUV 7XO. Globally, the report highlights tech trends from CES 2026, including NVIDIA’s new Rubin AI chip platform. With an eye on the future, the discussion covers expectations for the upcoming Union Budget and strategies for navigating market uncertainty, with a focus on sectors like FMCG and IT.

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