FEATURE STORY

The Congress party in Punjab has familiar faces from almost all castes, making it a strong challenger in the 2027 Assembly polls in Punjab. The expectation of coming back to power with a majority has led several leaders into lobbying mode to be better placed today so that they will have leverage to demand a greater role after victory. This has led to intense factionalism in the state.

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Aggressive precautionary position squaring snapped a three-day winning streak on Dalal Street as heavy profit booking in richly valued index heavyweights dragged Indian equity benchmarks deeply into the red on Tuesday, July 14, 2026. The NSE Nifty 50 surrendered 158.95 points, or 0.66 percent, to settle near its intraday low at 24,052.05, while the BSE Sensex capitulated by 561.46 points to finish at 77,054.94. A combination of global macro headwinds triggered the mid-afternoon sell-off, with Brent crude surging toward a punishing $86 a barrel on heightened West Asia tensions, subsequently weakening the rupee to 83.60 and compounding imported inflation worries ahead of the upcoming domestic CPI release. On the corporate floor, traders systematically trimmed exposure to banking and IT counters ahead of first-quarter earnings results from bellwethers like TCS, HDFC Bank, and Infosys, navigating demanding valuations locked at 21 times forward earnings. However, the broader market indices found localized speculative support within the clean energy and rail infrastructure ecosystems; institutional buzz intensified following the announcement that Prime Minister Narendra Modi will officially flag off India’s first homegrown hydrogen-powered train on July 17 from Jind, marking a critical pilot milestone for the Ministry of Railways’ ₹2,800-crore “Hydrogen for Heritage” green mobility layout.

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