BofA Securities has significantly lowered its earnings growth forecast for Nifty 50 companies to 8.5% for FY27, citing rising stagflation risks and potential impact of high crude oil prices. The brokerage also reduced India’s GDP growth estimate and warned of a severe downturn in a worst-case scenario. Despite this, a resolution to the Iran conflict...Read More

Pankaj Pandey shares insights on Indian sectors facing US tariffs. He sees limited impact on pharma growth but potential benefits for Jubilant Pharma and Piramal Pharma. Sun Pharma’s domestic capex is a positive. The auto sector shows robust volume growth and price hikes, with PV and two-wheeler players like Maruti Suzuki, M&M, TVS, Eicher, and...Read More

Global central banks stepped up gold buying in February, led by strong purchases from Poland, China, and several emerging markets, even as Russia turned a major seller. Net additions hit 19 tonnes, signalling steady reserve diversification despite slower year-to-date accumulation. African central banks are also accelerating gold buying as a strategic hedge.Read More

Indian markets experienced a sharp downturn in March, with Nifty 50 companies seeing significant EPS estimate cuts, particularly in aviation and infrastructure, due to soaring oil prices. InterGlobe Aviation faced the largest reduction. Conversely, oil & gas and metals sectors witnessed upgrades. Escalating US-Iran tensions continue to fuel investor concerns and oil price hikes.Read More

The Nifty PSU Bank Index rose 0.5% on Monday, defying a broader market decline, as several lenders reported strong March quarter business updates. Banks like Bank of Baroda and Bank of Maharashtra saw significant gains following positive growth figures in deposits and advances, indicating resilience despite rising bond yields.Read More

The Reserve Bank of India has tightened foreign exchange rules to shield the rupee from offshore market pressures, including capping banks’ net open FX positions and barring non-deliverable forward contracts. These measures aim to curb speculation and prevent offshore activity from depleting RBI’s FX reserves.Read More

Bajaj Alternate Investment Management has secured SEBI approval to launch Portfolio Management Services (PMS), expanding its offerings beyond alternative investment funds. This move targets high-net-worth individuals with customized, research-backed strategies in listed equities. The firm aims to provide disciplined, actively managed solutions for wealth creation amidst evolving market dynamics.Read More

India’s banking sector demonstrates resilience with steady loan and deposit growth, particularly from private lenders like HDFC Bank. While concerns about margins and global risks persist, the micro-lending cycle has bottomed out, and public sector banks are poised for continued strong performance. Investors are advised to balance opportunities with caution.Read More

Indian equity markets face policy risks from US tariffs and West Asia conflict. These issues impact metals and pharmaceutical sectors. Expert Sudip Bandyopadhyay provides stock-specific insights. Vedanta and NALCO are well-positioned in aluminium. Tata Steel faces uncertainty due to European operations. Sun Pharma and Glenmark are at risk in the pharmaceutical sector due to branded...Read More

Avenue Supermarts’ shares saw a jump after reporting a 19% year-on-year revenue increase for the January-March quarter of FY26. The company also reached a milestone of 500 stores. Despite positive revenue growth and store additions, an analyst firm finds the investment risk-reward unattractive. They have raised their target price but maintained a cautious outlook on...Read More