In FY25, sectors like media, energy, PSU banks, and realty are expected to perform poorly, while defence, financial services, and healthcare are projected to see gains. Media has witnessed a significant profit decline, while PSU banks, despite strong numbers, face challenges like NPAs. Positive views are held on metals, NBFCs, private banks, and technology for FY26.
ONGC picks BP as tech partner for Western Offshore fields
BP already has a similar arrangement for ONGC’s flagship Mumbai High fields, but the latest move significantly expands its role, making it responsible for helping