Market Bizzz

Morgan Stanley’s Jonathan Garner highlights India’s robust economic resurgence, driven by strong GDP growth and easing monetary policies. He emphasizes India’s distinct position among emerging markets, fueled by superior earnings growth and increasing weight in global equity indices. Garner notes that global fund managers are compelled to allocate towards India, recognizing it as a key global equity destination.

KEC International, the RPG Group’s infrastructure arm, secured fresh orders worth Rs 2,211 crore across multiple segments, including Transmission & Distribution, Oil & Gas Pipelines, and Cables. With a strong international order book and a 40% year-to-date growth in orders, analysts maintain a ‘Buy’ rating with a target price of Rs 972, indicating 10% upside from current levels.

Indian companies have reported better-than-expected earnings, with growth spread across various sectors like energy and BFSI. Tariff clarity and global capital flows are crucial for future growth. BFSI benefits from double-digit nominal GDP growth, strong credit demand, and increased domestic savings boosting capital markets. Company-specific performance remains key in the Indian market.

Under the agreement, Wipro will assist Entrust in expanding operations and speeding up growth by offering services in product development, infrastructure management, and application modernisation. Wipro will enhance application security by using advanced analytics to detect vulnerabilities and provide actionable insights for smarter software development.

Neptune Petrochemicals is scheduled to list on the NSE SME platform on Wednesday, with expectations of a flat listing due to a grey market premium of Rs 0. The IPO, which aimed to raise Rs 73.20 crore, was subscribed 4.11 times, and the proceeds will be used for capital expenditure and working capital needs.

Aptus Value Housing shares are under the spotlight as Westridge Investments plans a Rs 1,495 crore block deal to sell a 9.8% stake. The company reported a 26% rise in Q4 net profit and strong growth in assets and disbursements. Analysts maintain a ‘Buy’ rating with an average target price of Rs 388, indicating 15% upside potential.

Bajaj Auto maintains a 20% margin for six quarters. The company focuses on the bottom line through strategic initiatives. Expansion in Africa may affect EV business margins. The EV sector contributes 21% to domestic revenue. Rakesh Sharma expects 5-6% industry growth, driven by the 125cc plus segment. Latin America performs well.

This list from SBI Securities features companies that have consistently delivered strong dividend yields over FY22 to FY24, rewarding shareholders with reliable returns.

Gold prices in India are expected to surge to Rs 1,10,000 per 10 grams and $4,000 per ounce globally over the next 12 months amid geopolitical uncertainties. Experts recommend accumulating gold on dips and maintaining at least a 10% portfolio allocation for diversification. Steady demand from jewellery and central banks supports gold’s long-term appeal as a safe haven asset.

The automaker sold 70,187 units in May 2025 across domestic and international markets, down from 76,766 units in May 2024. Domestic sales fell 10% year-on-year to 67,429 units, while commercial vehicle sales declined 5% YoY to 28,147 units compared to 29,691 units a year earlier.