Strong local flows into funds offset volatile overseas money
Mutual funds, driven by consistent household inflows via SIPs, have become a cornerstone of India’s equity market, offsetting volatile foreign investor flows. Domestic institutional investors, including mutual funds and insurance companies, now hold a larger share of equities than foreign portfolio investors, marking a significant shift in market dynamics.
MFIs need to strengthen credit assessment, curb rising stress
The Economic Survey also noted that while private equity and venture capital funding has fuelled the expansion of the microfinance sector, it has also been accompanied by recurring stress, including over-lending and over-indebtedness.
China reportedly drops rules that sparked property crisis, developer shares surge
Chinese property developers are no longer required to report monthly data related to the country’s “three red lines” policy, local media said on Thursday, an apparent end to rules which triggered a major debt crisis that continues to this day.
Rupee hits record low, RBI intervention averts fall past 92
The Indian rupee hit a record low against the dollar on Thursday, pressured by dollar demand linked to the maturity of non-deliverable forward positions and corporate hedging, while the central bank likely intervened to hold it above the psychologically significant 92 level.
Brent oil price tops $70 on Trump’s Iran threats
Brent crude oil topped $70 per barrel Thursday for the first time since September as US President Donald Trump ramped up geopolitical tensions by threatening military strikes on Iran. In London morning deals, international benchmark oil contract Brent North Sea crude jumped 2.4 percent to $70.06 per barrel.
Mahindra Holidays Q3 profit plummets on one-time charge, slow membership growth
Mahindra Holidays and Resorts India reported a 94% plunge in third-quarter profit on Thursday, dragged by a one-time charge following the roll-out of India’s new labour codes and slower membership growth.
Deepak Fertilisers Q3 profit falls on softer chemical demand, high costs
India’s Deepak Fertilisers and Petrochemicals reported a 43.6% fall in third-quarter profit on Thursday, as softer agrochemicals demand and rising input costs squeezed margins.
Indian markets offer value as Budget to keep fiscal path intact: Madhusudan Kela
Market veteran Madhusudan Kela anticipates continued fiscal discipline despite a revenue gap. He highlights opportunities in market corrections, noting that individual stocks are becoming attractive after a period of consolidation. Kela also points to the strength of corporate India and sees potential in smaller companies for long-term investors. Investors are encouraged to focus on selective, […]
Q4 earnings, Budget and trade deals seen as key market triggers: Aman Chowhan
Indian markets are waiting for a boost as recent earnings met expectations but did not attract foreign investors. The upcoming March quarter earnings will be crucial for growth trends. The Union Budget and global trade talks are also key factors. Midcap stocks are showing improved risk-reward. Sectors like pharma, chemicals, and export-oriented companies are poised […]
Defence sector set for strong growth amid anticipated Budget boost
India’s defence sector anticipates a significant expansion in the upcoming fiscal year, with budget proposals hinting at a 20-25% increase in allocations. Analysts foresee a positive industry outlook driven by government spending and policy reforms, though challenges like working capital and R&D investments remain crucial for sustained growth.