Market Bizzz

Nilesh Shah of Envision Capital says it is not time to panic. Big bear markets were seen during COVID, during the global financial crisis or during 9/11. They lasted for six to nine months. India peaked out about six months ago. Maybe it is a question of another three to six months. It is better to bide the time and be more prepared for the next round of up move.

TCS Q4 results are expected to disappoint with subdued growth due to factors like the decline in BSNL projects and the impact of global tariffs. Investors will closely watch deal wins, margin performance, and regional trends, especially in developed markets, as the company faces headwinds from macroeconomic uncertainties.

TCS, along with Anand Rathi and Evoq Remedies, will report Q4 results today, with analysts forecasting muted earnings growth across sectors, including a mid-single-digit revenue rise for TCS. Despite growth in BFSI, the company faces challenges from declining BSNL project contributions and uncertain macro conditions, including the impact of US tariffs.

The Nikkei 225 soared 7.4% in early trading, tracking Wall Street’s historic rally after President Trump announced a 90-day pause on most tariffs—though tensions with China and trade uncertainty still cloud the outlook.

Titan Company reported a robust 25% YoY growth in Q4 FY25, driven by strong performance across its jewellery, watches, and EyeCare segments. While elevated gold prices impacted demand in lower price brackets, premium jewellery and other categories like fragrances and Caratlane showed healthy growth.

Fixed-income investors are keenly awaiting the RBI’s MPC meeting, anticipating a rate cut and a shift to an accommodative stance. Bond yields have declined due to global risk-off sentiment and the RBI’s liquidity management. PGIM India MF suggests investors allocate to short-term and corporate bond funds, expecting the 10-year bond yield to trade between 6.25% and 6.50%.

Devina Mehra, Founder & CMD of First Global, predicts the possible end of the US market’s 12-year outperformance, accelerated by Trump’s policies. Despite potential downturns, investing remains crucial as missing top trading days can significantly impact long-term returns. India’s market is portrayed as less risky, and maintaining a diversified global portfolio is recommended for investors.

The company’s Assets Under Management (AUM) rose 26% to around Rs 1,14,680 crore as of March 31, 2025, compared to Rs 91,370 crore a year ago. AUM grew by about Rs 6,365 crore during the quarter, highlighting Bajaj Housing Finance’s continued expansion in the housing finance space.

Nilesh Shah, MD of Kotak AMC, explains that global uncertainty, including the US tariff war, is causing short-term market volatility. Investors are cautious, and asset classes face synchronized selling. India’s market status and its potential benefit from these tariffs depend on how well the country captures emerging opportunities amidst global economic instability.

Hong Kong and Chinese stock markets plunged on Monday due to escalating global trade tensions and recession fears. The Hang Seng index dropped over 10%, with significant declines in banking stocks like HSBC and Standard Chartered. The CSI300 blue-chip index fell over 5%, and the yuan hit its lowest level since January.