Amid market uncertainty, investors seek clarity. Rana Gupta of Manulife Investment suggests focusing on domestic tailwinds. He favors consumer and financial sectors. Infrastructure and telecom are attractive in the short to medium term. Gupta anticipates credit growth. He expects globally linked sectors like IT and metals to face challenges. Earnings momentum in IT may remain soft for some time.
EV sector’s next chapter hinges on sustainable business models: Abhishek Gaoshinde
In the market yesterday, only this TVS Motor indicated that almost 19% of its revenues coming from the EV segment and for Bajaj 20-25% of its domestic revenue is coming from the EV segment.
Run-up in defence stocks not sustainable; be patient in IT; value in private banks: Nilesh Shetty
Nilesh Shetty of Quantum Advisors finds defence stocks overvalued, citing budget constraints and margin concerns. He prefers private sector banks due to their discount and growth potential. Shetty also sees value in IT services after price corrections, advising investor patience. He remains cautious on auto sector due to slowdown in sales.
Vishal Mega Mart shares in focus after Q4 net profit jumps 88% YoY to Rs 115 crore; revenue up 23%
On Tuesday, shares of Vishal Mega Mart closed 0.1% higher at Rs 107.6 on the BSE. The stock has gained 2% so far in 2025 and remains up 3% over the past one month. Its current market capitalisation stands at Rs 49,468 crore.
Largecaps remain attractive amid global volatility and tariff uncertainty: Sorbh Gupta
The portfolio allocation has moved towards more of domestic consumption including banks. Banks are beneficiary of domestic economy doing well. So, banks is also one of them. We are also positive on pharma, not necessarily generic US exporter but more towards crams and domestic pharma, so that is a pocket we are very positive upon.
IDFC First Bank’s MFI provision will go down every quarter from now; opex will fall further to 12-13%: V Vaidyanathan
IDFC First Bank’s MD & CEO, V Vaidyanathan, anticipates improved performance in FY26, driven by peaking microfinance provisions and reduced operating expenses. The bank expects a gradual ROA improvement, particularly in Q3 and Q4, with PAT increasing as the microfinance challenges subside. Strong CASA, deposit, and loan growth, excluding microfinance, further support this positive outlook.
Kenrik Industries IPO: Check issue size, price band, GMP and other details
Kenrik Industries is set to launch its IPO on April 29, aiming to raise Rs 8.75 crore through a fresh equity sale to support working capital and growth plans. The company, specializing in traditional Indian jewellery, reported revenue of Rs 70.97 crore in FY24. The IPO offers shares at Rs 25 each, with reservations for retail and other investors.
Dalal Street Week Ahead: Consolidation likely as Nifty tests crucial support zones
After a strong rally, markets moved into consolidation last week, with the Nifty closing modestly higher while volatility surged. Key support zones around 23,900–24,050 will be crucial as external risks, including lowered IMF forecasts and geopolitical tensions, loom. Sector rotation continues, with PSU Banks and Commodities leading, while the IT and Auto sectors remain weak.
FIIs buy Indian equities worth Rs 32,466 crore in just 8 sessions, narrow April losses. What’s cooking?
After a prolonged selling phase, Foreign Institutional Investors (FIIs) have turned net buyers, purchasing ₹32,466 crore in Indian equities over the past eight sessions. This shift is attributed to a softer US dollar, easing trade tensions, and improved investor sentiment.
IDFC First Bank Q4 Results: Standalone PAT falls 58% YoY to Rs 304 crore, NII up 9%
IDFC First Bank reported a 58% YoY drop in Q4 net profit to Rs 304 crore, impacted by a decline in its microfinance loan portfolio. Despite this, Net Interest Income rose by 9.8% to Rs 4,907 crore. The bank saw strong growth in customer deposits, increasing 25.2% YoY, with retail deposits up 26.4%.