India’s IT giant, TCS, is poised to reveal its fourth-quarter earnings on Thursday, with a dividend payout also on the agenda. Analysts anticipate robust year-on-year growth in revenue and profit, though sequential growth is expected to be modest. The BFSI sector is projected to be a key growth driver, while others show mixed performance.Read More
Indian government bonds saw a retreat on Thursday, reversing some of Wednesday’s sharp gains. Oil prices resumed their climb, fueled by uncertainty surrounding a U.S.-Iran ceasefire and concerns over Strait of Hormuz trade routes. The Reserve Bank of India maintained its interest rates, anticipating economic impacts from ongoing global events. Investors are now preparing for a significant government bond sale.Read More
Markets are showing signs of a short-term bottom as geopolitical tensions ease, leading to a sharp equity bounce. Expert Neeraj Dewan sees opportunities in largecap blue chips and PSU banks, while also noting value in private lenders. The recent correction may attract foreign institutional investors back to India, with metals remaining a strong play.Read More
After strong outperformance by PSU banks over the past year, Nomura turns cautious and prefers a shift to private banks, citing better risk-reward despite PSU banks’ gains driven by improved fundamentals.Read More
Ola Electric shares surged significantly on Thursday. This rise follows the company’s announcement of its self-developed Lithium Iron Phosphate cell. This new cell is expected to lower EV costs and boost adoption. Ola Electric’s Gigafactory is also progressing well. The company reported strong sales in March, indicating a demand recovery.Read More
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