Market Bizzz

Bharti Hexacom’s shares are set to be in focus following a remarkable surge in profits. The telecom company reported a twofold increase in PAT to ₹468.4 crore for Q4 FY25, fueled by tariff hikes and premium offerings. Mobile revenues rose 22% year-on-year, with ARPU improving to ₹242, driving substantial growth in both revenue and profitability for the fiscal year.

JM Financial is focusing on four key business areas for growth. These include affordable housing, private credit, wealth and asset management, and corporate advisory. The company increased its stake in JM Financial Credit Solutions. They aim to originate, invest, and syndicate transactions. The wealth management business has seen increased AUM and investments.

Elara Securities India’s VP, Harshit Kapadia, suggests a three-pronged investment approach to the defence sector, encompassing PSUs, shipbuilding, and private companies. While PSUs currently dominate order flow, private firms are expected to grow significantly due to increased indigenization. Kapadia also highlights the export potential of Indian defence products, projecting substantial growth in the coming years.

Indian market anticipates a positive trading session on Monday. This follows encouraging global market trends. Nifty futures experienced a slight dip, while India VIX saw an increase. Options data suggests a trading range between 23,700 and 24,700. Motilal Oswal recommends buying L&T, Titan Company and HAL. Bharat Forge is also a buy for F&O strategy.

Just as the 90-day pause on Trump’s tariff plans brought some relief, fresh tensions with Pakistan have reintroduced uncertainty. History suggests such geopolitical flashpoints rarely cause lasting damage to Indian equities – be it Kargil, the Parliament attack, 26/11, or Pulwama.

Yes Bank shares will be in focus after Japan’s SMBC agreed to acquire a 20% stake for Rs 13,483 crore, valuing the bank at Rs 67,411 crore. SBI and seven private lenders will divest part of their holdings. The move follows the 2020 RBI-led rescue, positioning SMBC to play a key role in Yes Bank’s future.

As tensions escalate between India and Pakistan, a historical review shows past conflicts had limited impact on equity markets but often hurt GDP. Nifty reactions ranged from sharp rallies during Kargil to mild dips post-Pulwama. JM Financial notes that while past wars dented economic growth, India’s economy today is more resilient and better equipped to absorb shocks.

Q4 earnings across sectors show mixed trends, with BFSI, agrochemicals, and alco-beverages performing well. FMCG and IT remain soft, but a broader recovery is expected from Q2 onward.