Mid-tier information-technology (IT) companies last financial year reported better growth numbers than their larger counterparts, highlighting their ability to navigate the uncertain macroeconomic environment. Most of these companies - such as Persistent Systems, Coforge, KPIT, and Mphasis - focus on niche businesses and industries that allow them to go deeper in terms of client mining and expanding wallet share from existing customers.
A robust show during the March quarter of 2024-25 (Q4FY25) and hopes of a strong demand momentum have led to an upward revision of Mahindra & Mahindra's (M&M's) earnings. With a slew of launches lined up amid a steady demand environment, brokerages see M&M outperforming peers in passenger vehicles (PVs), tractors and commercial vehicles (CVs).
Cortal Consors, an arm of BNP Paribas, is planning to foray into the wealth management services market in India, targeting the high-networth investors, whose incomes range from Rs 10 lakh to Rs 1 crore (Rs 10 million).
Strong margins in the jewellery segment in Q4FY25, steady growth guidance for FY26 and expectations of outperformance in the organised jewellery sector boosted sentiment for the largest listed jewellery maker by market capitalisation, Titan Company. The stock was the highest gainer on the benchmark indices (Sensex as well as Nifty), rising 4.1-4.5 per cent at close on Friday, taking the total gains over the past month to about 12 per cent.
Novak Djokovic made no excuses for the poor performance that sent the five-time Indian Wells champion packing from the California desert on Saturday after falling 6-2, 3-6, 6-1 to Botic van de Zandschulp in the second round.
Kyrgios tearfully threw in the towel in the second set due to sharp pain in his surgically repaired wrist while trailing 7-6(7), 3-0.
Analysts are expecting pharmaceutical companies to post sales growth of 10-11 per cent in the second quarter this financial year while the Ebitda (earnings before interest, tax, depreciation, and amortisation) margins are anticipated to improve by about 110 basis points. Ebitda improvement will be led by lower input costs because prices of active pharmaceutical ingredients (APIs) are 5-15 per cent lower year-on-year (Y-o-Y). Axis Capital said sales growth would be around 10 per cent, of which growth in the India market would be 11 per cent or so.
Denmark's Holger Rune snapped a seven-match semi-final losing streak to reach the Indian Wells final, beating Russian Daniil Medvedev 7-5, 6-4 in a tight match on Saturday.
'Given the inherent volatility, investors should take at least a three to five-year view.'
Fonseca cruised through the first set before Fearnley found his groove in the second to level the match on a windy day in the California desert.
'For those seeking regular income, these funds provide a steady stream of income through dividends.'
After a strong show during the September quarter (Q2FY25) and favourable demand conditions, going ahead, the country's largest player in the room air conditioner segment, Voltas is well placed to improve its market share. Expectations of record volumes in FY25 for the sector and the company's strategy of prioritising market share over margins could help the leader expand share in the room AC segment.
'The market's sharp decline recently has shaken the confidence of retail investors, leading to increased selling.'
French investment bank BNP Paribas said India's earnings growth potential is around 14-15 per cent
The loss ends five-time major champion Swiatek's bid to become the first woman to win the tournament in the Southern California desert three times.
Twice champion Iga Swiatek walloped Czech Karolina Muchova in straight sets to reach the Indian Wells quarter-finals on Tuesday.
Defending champion Iga Swiatek crushed Dayana Yastremska 6-0, 6-2 and 2023 champion Elena Rybakina powered past Britain's Katie Boulter 6-0, 7-5 to reach the fourth round of Indian Wells on Sunday in displays of dominance.
'Those trying to use these funds for quick gains should avoid them due to risk of being late to the party.'
Clearly, some of the bullishness of the early days has gone missing. Ola's market share is slipping amid rising competition from incumbents like Bajaj Auto and TVS.
Indian drugmakers supply 47 per cent of the generic medicine requirements in the US, and tariffs would have increased prices in the US domestic market for patients, who are already dealing with drug shortages.
Dimitrov was showing signs of fatigue from his three-hour third-round match earlier in the week and could do little to stop the Spanish world number three, who next faces Argentine Francisco Cerundolo.
The Dutchman collapsed on the court after converting his sixth match-point to end an absorbing three hour, seven minute affair under sunny skies on Stadium One court.
Sumit Nagal was handed a straight-set defeat by Canada's Milos Raonic in the opening round of the BNP Paribas Open.
After a strong run in the midcap and smallcap indices, which surged 46 per cent and 43 per cent, respectively, on the National Stock Exchange (NSE) during Samvat 2080, analysts suggest that the rally in these segments may pause to catch its breath in Samvat 2081.
Rohan Bopanna and his Australian partner Matthew Ebden lost to Russian pair of Andrey Rublev and Karen Khachanov.
India's service sector proportionately much larger than China's, while its investment and industrial-production shares are much lower
Japanese conglomerate Softbank's arm SVF Doorbell (Cayman) on Wednesday divested 3.8 per cent of its stake in supply chain company Delhivery for Rs 954 crore through open market transactions. Saudi Arabian Monetary Authority, City of New York Group Trust, Societe Generale, BNP Paribas Arbitrage, Morgan Stanley Mauritius, Baillie Gifford Emerging Markets Equities Fund were among the buyers of shares.
Novak Djokovic was shocked by Botic van de Zandschulp 6-2, 3-6, 6-1 in the second round of Indian Wells on Saturday as the Serbian suffered an early exit at the hands of a tournament lucky loser for a second consecutive year.
According to the latest India market outlook by BNP Paribas, investors are looking at stock ideas that would deliver good returns in the long term even as the Indian markets battle short-term headwinds.
A stellar season thus far has propelled the 43-year-old into the top 15.
With the government planning to mop up Rs 24,000 crore (Rs 240 billion) through disinvestment this financial year, investors have once again become interested in public sector companies.
In the absence of Sharapova, Colombia's Mariana Duque-Marino moves into the main women's draw of the tournament
With India's EV penetration at just 2.5 per cent, the market presents an opportunity -- provided Tesla gets its pricing right.
A retirement fund can be helpful for all age groups, but ideally one should start investing early to beat market swings and gain from compounding.
In the final part of this five part series on top 25 mutual funds analysed by Value Research we produce the last best five mutual funds that investors can put their money in for the long term.
Carlos Alcaraz kept his Indian Wells 'three-peat' campaign on track with a straight sets win against Canadian Denis Shapovalov in the third round.
Sundaram BNP Paribas Mutual Fund's new fund Sundaram BNP Paribas Equity Multiplier Fund is a closed ended equity scheme with a maturity of 3 years
Sundaram BNP Paribas Select Midcap Fund is one fund that, over various market cycles, stands tall over its peers in the mid cap funds segment.