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Global equity markets are navigating uncertainty, with investor sentiment suggesting the worst of the sell-off may be over. Market participants are increasingly focused on long-term opportunities, particularly in technology, as geopolitical tensions unfold. While oil prices are expected to remain elevated, they are not seen as prohibitively high for the global economy.
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Brokerages remain constructive on banks despite near-term headwinds. Prabhudas Lilladher flags NIM pressure, slowing retail credit and macro risks, though credit growth has rebounded. Domestic funds see attractive valuations after FII selling, favouring large private lenders. BNP Paribas finds the risk-reward favourable, while Tata MF expects FY27 earnings upgrades. However, persistent FII outflows may continue to weigh on bank stocks.
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Apple CEO Tim Cook is stepping down after 15 years. John Ternus will take over as CEO. Cook will become executive chairman. This leadership change comes as Apple faces industry shifts. Investors are watching closely. The company saw massive growth under Cook’s leadership. This planned handover aims for continuity.
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Inox Clean Energy has revived plans for an IPO that could raise up to $1 billion, engaging bankers and preparing to file draft papers. The move comes amid volatile equity markets, though renewable energy stocks remain strong. The company aims to expand capacity and recently raised funding and completed a key acquisition.
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Patanjali Foods has announced a second interim dividend of Rs 1.75 per share for FY26, amounting to 87.5% of its face value. Shareholders on record as of April 25, 2026, will receive this payout by May 20, 2026. This follows an earlier interim dividend of the same amount declared for the fiscal year.
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