India has become the “reverse AI trade” in emerging markets, underperforming the MSCI Emerging Markets Index by 27 percentage points year-to-date, according to Jefferies’ Chris Wood. While the rupee has fallen 3.4% to Rs 88.7, India’s lower exposure to the AI-driven rally in Taiwan, Korea, and China positions it as a contrarian play for long-term investors.Read More
Indian government bonds experienced a further decline on Friday. Traders are anticipating a significant supply of debt. The Reserve Bank of India’s unexpected cash withdrawal operation has surprised the market. This has led to increased yields on benchmark notes. New Delhi plans to raise substantial funds through bond sales. Demand for long-term bonds has weakened, adding to market concerns.Read More
The rupee weakened by 5 paise to 88.75 against the US dollar on Friday, influenced by a downturn in domestic equities and foreign fund outflows. Investors are adopting a cautious stance due to the delayed announcement of the India-US trade deal, while RBI’s market interventions also impact the currency’s movement.Read More
Asian Paints’ sharp rally, Biocon’s biosimilar boost, and improving valuations in private banks are reshaping market sentiment, says Nuvama’s CIO Nikhil Ranka. He explains why Biocon still has 10–15% upside, why Asian Paints may consolidate, and why large private banks now look attractive despite short-term NIM pressures. Read the full market outlook and sector-wise insights.Read More
Oswal Pumps Ltd has announced a significant 48% surge in its consolidated net profit, reaching Rs 97.50 crore for the September quarter. This impressive growth is underpinned by a substantial rise in total income, which climbed to Rs 546.48 crore from Rs 310.84 crore in the same period last year.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
