Market Bizzz

Adani Ports and Special Economic Zone surged 4.4% on Friday, becoming the top Nifty gainer, fueled by robust Q4 results that surpassed expectations. This rally erased all of 2025’s losses, pushing the stock into positive territory for the year, closing at ₹1,269.7, up 4.2% year-to-date. Analysts maintain a bullish outlook, anticipating further rebound after recent market corrections.

The BSE Sensex rose 0.3%, or 260 points, to end at 80,502. The NSE Nifty50 edged up 0.05%, or 13 points, to close at 24,347. Both indices gained 1.5% this week-marking the third straight weekly gain for Indian equities-the longest such streak since December 2024.

Adani Enterprises witnessed a significant surge in Q4 FY25 net profit, driven by an exceptional gain, despite a revenue decline due to reduced volumes in the IRM segment. The green energy arm, Adani New Industries, experienced substantial revenue and EBITDA growth, fueled by increased module sales and wind turbine dispatches.

Morgan Stanley projects India’s economic growth to slow to 5.7% in Q4 due to global trade tensions, despite strong domestic demand and government spending. While Asia ex-China shows rebounding shipping activity, caution is advised due to empty ships. Capital expenditure slowdown is expected, with monthly capital goods imports data serving as a key indicator.

Indian companies are gearing up to release their Q4 earnings, with Adani Enterprises and Adani Ports among the key names. All eyes are on Eternal, formerly Zomato, which is expected to reveal strong revenue growth, fueled by Hyperpure and Blinkit. However, profitability might suffer, with analysts predicting a potential profit dip or even a loss.

Meta Platforms exceeded first-quarter revenue expectations, driven by strong advertising performance, and anticipates similar success in the second quarter. The company is increasing capital expenditures to bolster AI infrastructure, despite economic uncertainties and potential tariff impacts. While some advertisers are reducing spending, Meta’s reliable platform positions it to benefit from market instability, though regulatory challenges in Europe loom.

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.

​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.

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.