Bulls take stage as markets hope it’s curtains on war
Indian stock markets saw a significant rebound on Wednesday. Hopes for peace in West Asia and falling oil prices boosted investor sentiment. The NSE Nifty and BSE Sensex climbed substantially. While markets experienced a strong rally, some gains were pared by the close. Investors remain cautious as geopolitical signals shift. Sectoral indices across the board […]
No need for a rate hike unless inflation spikes: Economists
Bank economists have told the Reserve Bank of India that there is no immediate need to raise the repo rate or change the monetary policy stance. This advice is based on inflation remaining within the central bank’s tolerance band. The RBI has alternative tools to manage currency pressures.
FY27 Outlook: Geopolitical pressure and AI disruption set to reshape India Inc
Corporate India faces heightened uncertainty entering fiscal year 2026-27 due to geopolitical tensions and AI disruption. Sectors like banking anticipate gradual NIM recovery, while FMCG expects better earnings visibility. The IT sector grapples with AI concerns, and oil prices present a mixed outlook for the oil and gas industry.
Real GDP growth may slow on costly crude: Credit rating agencies
Icra projected GDP growth at 6.5% in FY27, assuming average crude price remains in excess of $85 a barrel this year, while Care Ratings projected a similar growth on higher average fuel-price assumptions-at $100 per barrel. However, Crisil expects robust balance sheet structures to provide sufficient undergirding against credit risks for an overwhelming percentage of […]
GAAR shadow over payments abroad worries India Inc
India Inc seeks clarity on General Anti-Avoidance Rules (GAAR) for payments to foreign entities after a Supreme Court ruling. The government offered partial relief on GAAR for old stock investments, but companies want assurance against tax officials invoking GAAR on dividends, interest, and royalties.
Is it time to buy IT ? Fund managers suggest gradual addition by investors
Indian IT stocks are at their cheapest since mid-2020, presenting a buying opportunity. Fund managers suggest gradual accumulation over two years as valuations have significantly compressed. Despite concerns over AI and recent sell-offs, the sector’s improving deal momentum and expanding market offer potential for value investors. A balanced approach combining lump sum and staggered investments […]
Capital market stocks soar after RBI redirect on norms
Capital market stocks surged Wednesday as the RBI delayed new lender exposure rules by three months. Originally set for April 1, these norms would have increased costs for brokers and reduced leverage for proprietary traders. The deferment offers temporary relief, with industry associations expected to engage the regulator on reassessing the provisions.