Stock Market News 27 December 2025

NEW YORK, Dec. 27, 2025, 8:29 a.m. ET — Market closed The Shenzhen Stock Exchange (SZSE) heads into the weekend with momentum still intact in several “new economy” corners of China’s equity market—but with fresh macro and policy headlines complicating the setup for the final trading days of 2025. On Friday, mainland shares ended higher, with the Shenzhen Component Index closing up 0.54% at 13,603.89, while the ChiNext Index—often described as China’s Nasdaq-style board—added 0.14% to 3,243.88. Turnover across the Shanghai and Shenzhen benchmarks totaled 2.16 trillion yuan, up from 1.92 trillion yuan the previous session, a sign of year-end

As conversations around Union Budget 2026-27 gather momentum, one proposal keeps resurfacing in tax circles and middle-class dinner-table debates: allowing married couples to file a joint income-tax return in India—optionally. The idea, recommended by the Institute of Chartered Accountants of India (ICAI) as part of its pre-Budget submissions, is being positioned as a potential “game changer” for households where one spouse is the primary earner. The Times of India+2The New Indian Express+2 But what does “optional joint taxation” actually mean in practice? Who could benefit, who might not—and what would the government need to redesign in India’s tax and compliance