The India-US trade deal has offered a much-needed breather for the Indian information technology (IT) industry, which has been grappling with global macroeconomic uncertainty and subdued client spending over the past few years.
Buoyant domestic sales are expected to lift revenues for pharma companies by 8-11 per cent in Q3FY26, even as declining generic Revlimid (cancer drug) sales in the US remain a key drag. Most brokerages forecast a modest 2-4 per cent growth in profit after tax (PAT) for the quarter. Hospitals and diagnostics companies, meanwhile, are likely to post much stronger numbers, with revenues seen growing 20-22 per cent year-on-year (Y-o-Y).
A strong third-quarter (October-December/Q3) performance for 2025-26 (FY26) has helped the stock of India's largest listed pharmaceutical (pharma) company, Sun Pharmaceutical Industries, gain about 7 per cent since the start of February.
Domestic equities surged on Tuesday, posting their best single-day gains in more than eight months after a long-awaited trade deal between India and the US. The deal, which lowered tariffs on Indian goods to 18 per cent from 50 per cent, significantly improved investor sentiment and lifted a key overhang for the market.
FPIs net sold equities worth Rs 1.7 trillion in 2025 -- the highest annual net sale on record.
HCLTech expects its recent large acquisitions to contribute about 1.5 per cent to revenue in 2026-27 (FY27), Chief Executive Officer and Managing Director C Vijayakumar said, as the company looks to build newer revenue streams in a subdued macroeconomic environment.
India's two-wheeler industry is seen growing 6-9% in 2026, though a proposed ABS mandate for sub-125cc models could push up prices and temper volumes.
With discretionary spending still under pressure, the information technology (IT) services industry continued to face an uncertain demand environment in the third quarter of 2025-26 (Q3FY26).
French banking major BNP Paribas is planning to sell its domestic retail broking unit, Sharekhan, according to news reports on Tuesday. The reports even named leading financial institutions as possible suitors. "We would not be able to comment on the mentioned queries at this time," said a company spokesperson in response to a query from Business Standard seeking clarification on the news item.
Reason for rejection hasn't been stated; deal among seven rejected transactions.
With several $500 million-plus deals in the pipeline -- including ICICI Prudential AMC, Lenskart, PhonePe, Groww, PhysicsWallah, Meesho, Pine Labs, and Zepto -- investment bankers look poised for another year of hefty bonuses in 2025.
Amid improving fundamentals, the bank is keen to double the corpus over the next year and a half, said a senior official.
The recovery in the emerging markets can be attributed to the fiscal measures taken by their respective governments, which would help them to post positive growth next year, the report said. Amid this global recession, the longest and deepest since the Second World War, the world economy is expected to contract 1.3 per cent and advanced economies would see a contraction of as much as 3.8 per cent.
Deposing before the special court on Tuesday, Sabesan said the CBI had given the bank a set of documents that it seized during its investigation into the Satyam scam and asked it to ascertain if they were issued by the bank.
BNP Paribas is planning to set up a company that will provide discretionary portfolio management services, even as it plans to expand its private banking business in India by adding real estate and art investment advisory services.
In terms of stock selection, India continues to benefit from two phenomena - the big getting bigger and availability of quality stocks in relative abundance compared with its Asian peers.
The move will help BNP Paribas expand its operations in India.
Barclays and BNP Paribas are considering the acquisition of Lehman Brothers' investment banking and brokerage businesses in India.
India may see its busiest EV festive season in 2025 with SUVs, luxury cars and scooters set to launch, but rare-earth supply bottlenecks risk delaying rollouts.
Despite taking a hit on profitability amid the pandemic, companies with strong balance sheets are gaining market share because of consolidation in their respective sectors.
Australian Open champion and top seed Victoria Azarenka recovered from a sluggish start to beat Slovakia's Daniela Hantuchova 6-4, 6-1 in the second round of the BNP Paribas Open on Saturday.
Sania Mirza and her Zimbabwean partner Cara Black lost to top seeds Hsieh Su-Wei of Taiwan and Peng Shuai of China in straight sets in the women's doubles final of the BNP Paribas Open, a Premier WTA tournament, at Indian Wells.
So far this calender year, the 30-share benchmark index Sensex has moved up by around 16 per cent in rupee terms and 11 per cent in US dollar terms.
Conservative investors seeking equity-like tax benefits with low risk may go for them.
French bank BNP Paribas' wealth management arm said it expects the economy to expand by 4.3 per cent this fiscal and the growth to pick up and touch 5.1 per cent in FY15.
The Indian automotive market offers around 1 million units annual volume opportunity at a price above $23,000.
According to the financial services major, the recent decline in inflation, driven largely by food prices, gives the RBI room to pause monetary tightening.
BNP Paribas Securities sees the benchmark Sensex touching 22,000 mark in 2014, even as it cautioned over the earnings estimates in medium term.
The first voice by the new government clearly indicates growth and fiscal consolidation and that tells we are in a bull run for a long time.
The last time these two indexes recorded a negative performance on a calendar year basis was in CY19.
Daniil Medvedev jumped for joy in an uncharacteristically emotional celebration after holding off young Frenchman Arthur Fils for a 6-4, 2-6, 7-6(7) win amid gusting winds on centre court in quarter-finals of the BNP Paribas Open, at the Indian Wells Tennis Garden, on Thursday.
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).
Carlos Alcaraz's hopes of capturing a third successive Indian Wells title went up in smoke on Saturday and the Spaniard said his inability to tame his nerves was more of a disappointment than the stunning semi-final defeat by Jack Draper.
India is among the three least-favoured Asian stock markets, according to BofA Securities whose survey found that 10 per cent of fund managers are underweight on Indian equities from a 12-month perspective.
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.
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.
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.
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