US Sanctions Indian Businessman Suniel Kumar Sharma and Wife Over Alleged Fraudulent Maritime Registries and I
Published . Updated .
Key takeaways
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Get these market calls by email
The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.
Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.
This report is about India.
Directly affected
- No company is named in this report.
Indirectly affected
- INDA iShares MSCI India ETF-4.1% 17d
iShares MSCI India ETF holds stocks listed in India, which this story is about (“indian”).
- HDB HDFC Bank-3.0% 30d
HDFC Bank (commercial banks) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares.
- INFY Infosys-3.1% 5d
Infosys (computer programming services) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares.
- RDY Dr. Reddy's Laboratories
Dr. Reddy's Laboratories (pharmaceutical preparations) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares.
- MMYT MakeMyTrip
MakeMyTrip (transportation services) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| INDA | -5.24% | -3.20% | base | after close | after close | after close | after close |
| HDB | -10.42% | -6.70% | base | after close | after close | after close | after close |
| INFY | -0.49% | +2.33% | base | after close | after close | after close | after close |
| RDY | -4.47% | -4.27% | base | after close | after close | after close | after close |
| MMYT | -15.26% | -10.02% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
US Sanctions Indian Businessman Suniel Kumar Sharma and Wife Over Alleged Fraudulent Maritime Registries and I CNBC TV18
Source: CNBC TV18
Ishares Tr (INDA) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| Hdfc Bank (HDB) | three days earlier | -6.70% | final price |
| Hdfc Bank (HDB) | five days earlier | -10.42% | final price |
| Ishares Tr (INDA) | three days earlier | -3.20% | final price |
| Ishares Tr (INDA) | five days earlier | -5.24% | final price |
| Infosys (INFY) | three days earlier | +2.33% | final price |
| Infosys (INFY) | five days earlier | -0.49% | final price |
| MakeMyTrip (MMYT) | three days earlier | -10.02% | final price |
| MakeMyTrip (MMYT) | five days earlier | -15.26% | final price |
| Dr Reddys Laboratories (RDY) | three days earlier | -4.27% | final price |
| Dr Reddys Laboratories (RDY) | five days earlier | -4.47% | final price |
Who gains and who loses around Ishares Tr (INDA)
Companies carried with this story
- INDA Ishares Tr
In “US Sanctions Indian Businessman Suniel Kumar Sharma and Wife Over Alleged Fraudulent Maritime Registries and I,” Ishares Tr (INDA) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI India ETF holds stocks listed in India, which this story is about (“indian”)
- HDB Hdfc Bank
For “US Sanctions Indian Businessman Suniel Kumar Sharma and Wife Over Alleged Fraudulent Maritime Registries and I,” Hdfc Bank (HDB) is linked, with no stored direction, medium confidence. Reason on file: HDFC Bank (commercial banks) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares
- INFY Infosys
Infosys (INFY) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “US Sanctions Indian Businessman Suniel Kumar Sharma and Wife Over Alleged Fraudulent Maritime Registries and I.” Reason on file: Infosys (computer programming services) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares
- RDY Dr Reddys Laboratories
Dr Reddys Laboratories (RDY) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “US Sanctions Indian Businessman Suniel Kumar Sharma and Wife Over Alleged Fraudulent Maritime Registries and I.” Reason on file: Dr. Reddy's Laboratories (pharmaceutical preparations) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares
- MMYT MakeMyTrip
For “US Sanctions Indian Businessman Suniel Kumar Sharma and Wife Over Alleged Fraudulent Maritime Registries and I,” MakeMyTrip (MMYT) is linked, with no stored direction, medium confidence. Reason on file: MakeMyTrip (transportation services) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares
Ishares Tr (INDA)
On 5 Nov 2026, “US Sanctions Indian Businessman Suniel Kumar Sharma and Wife Over Alleged Fraudulent Maritime Registries and I” is the story that connects Ishares Tr (INDA) to this story.
The link for Ishares Tr (INDA) is this: iShares MSCI India ETF holds stocks listed in India, which this story is about (“indian”)
A second company, Hdfc Bank (HDB), is listed for a different reason: HDFC Bank (commercial banks) is one of the largest India-based companies traded in the US, so news about India (“indian”) reaches its shares
Dates and price levels for Ishares Tr (INDA)
HDB traded between 21.36 and 24.00 across 20 sessions. The latest close on file is 22.70. INDA traded between 45.35 and 48.42 across 14 sessions. The latest close on file is 46.04. INFY traded between 10.12 and 10.86 across 4 sessions. The latest close on file is 10.73.
How strong the case is around Ishares Tr (INDA)
40 out of 100
“US Sanctions Indian Businessman Suniel Kumar Sharma and Wife Over Alleged Fraudulent Maritime Registries and I” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.