Is it the right time to invest in consumption-themed equity schemes?
Consumption-themed equity schemes are regaining investor interest due to appealing valuations and GST adjustments. The Nifty Consumption Index has underperformed the Nifty recently, but its valuations are now considered fair, presenting a favorable entry point for long-term investors.
NCLT approves Gayatri Projects’ settlement plan from promoters
The Hyderabad NCLT has approved a ₹2,400 crore OTS plan by Gayatri Projects’ promoters, resolving ₹8,100 crore in dues to lenders led by Canara Bank. With 97% lender approval, the promoters have 90 days to pay ₹750 crore, cover bank guarantee invocations, and allocate ₹450 crore from arbitration claims.
RBI Governor advocates fiscal discipline and borrowing calendar for state bonds
Reserve Bank of India Governor Sanjay Malhotra addressed state finance secretaries. He highlighted the importance of sticking to the borrowing calendar for state bonds. Malhotra emphasized fiscal discipline to boost economic growth. States need to improve spending quality. He also urged prudence in off-budget borrowings. These measures are crucial for sustainable financial health.
Will US Fed rate cut lead to revival of foreign investment in Indian stocks
Following the US Federal Reserve’s rate cut, anticipation surrounds the potential return of foreign capital to Indian equities. However, high valuations in India and attractive opportunities in markets like China may temper inflows. While foreign selling has slowed, a significant turnaround hinges on domestic institutional investor activity and improved earnings momentum to shift FPI sentiment.
Nifty, Sensex rise for a 3rd day after US Fed rate cut
Indian stock indices climbed for the third consecutive session on Thursday, buoyed by the US Federal Reserve’s expected interest rate cut. The NSE Nifty and BSE Sensex both closed 0.4% higher, while the India Volatility Index hit a record low. Foreign and domestic portfolio investors were net buyers, contributing to the positive market sentiment.
After 4 days of gains, rupee closes 32 paise lower at 88.13
The Indian rupee weakened, reversing gains due to Asian currency weakness and uncertainty surrounding US interest rate policy after the Federal Reserve’s rate cut. Despite the cut, cautious forward guidance from the Fed and concerns over US tariffs and weak equity inflows weighed on the rupee. Optimism arose from potential resolution of the India-US tariff […]