A day after the Bombay High Court struck down the Centre’s one-time spectrum charge (OTSC) demands on telecom operators, Bharti Airtel and Vodafone Idea have disclosed the financial relief arising from the verdict, quantifying the benefit at more than ₹10,500 crore combined. Bharti Airtel informed exchanges that the court has set aside a Department of…
Edible oil prices could remain elevated over the next five to six months as seasonal demand strengthens and supply-side risks persist, according to Pradeep Choudhary, CEO of Gemini Edibles and Fats India. Choudhary expects demand to pick up in the second half of the year, which typically accounts for a larger share of India’s annual…
While the conflict served as an immediate trigger for the rally, analysts believe the broader investment case for India’s defence sector extends well beyond near-term geopolitical developments. Highlights Nifty India Defence Index has gained around 10-11 per cent since late February. Choice Institutional Equities said Bharat Electronics (BEL) remains the sector’s highest-conviction large-cap. Israel–Iran conflict…
India’s pharmaceutical industry is entering a new phase where innovation, rather than traditional generic drugs alone, could become the biggest driver of growth over the next decade, according to Nandan Kulkarni, Director-India Healthcare Senior Research Analyst at Bernstein. “Innovation is going to be an important pivot that is going to drive this industry leapfrog,” he…
Large private sector banks are among the most undervalued segments of the Indian stock market today and could see a sharp re-rating when foreign investor flows return, according to Atul Mehra, Fund Manager at Motilal Oswal Asset Management Company. Speaking to CNBC-TV18 on the sidelines of ICICI Securities India Investor Conference 2026, Mehra said persistent…
Among global markets, McGuire continues to view India as one of the most compelling long-term investment destinations, despite near-term challenges arising from rising energy prices and geopolitical uncertainties. Global markets are navigating a period of heightened uncertainty, with investors grappling with geopolitical tensions in the Middle East, volatile energy prices, and the ongoing artificial intelligence-driven…
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Anoop Vijaykumar, Head of Equities at Capitalmind AMC, says pharma remains one of the most attractive sectors due to healthy earnings growth, reasonable valuations and opportunities in CDMO and generic drug companies. While recent RBI measures could support banks, he prefers mid- and small-cap private lenders over large banks. Vijaykumar is cautious on autos and…
In autos, Parekh described the sector as being in a consolidation phase, saying it is “just consolidating… between 25,500 to 26,500.” However, she pointed to stock-specific opportunities, noting Hyundai as attractive near Rs 2,900–2,950 support. She added that “Maruti looks quite fine,” while two-wheeler names like Bajaj Auto and Hero MotoCorp “have come to a…
Godrej Properties Ltd. sold homes worth more than ₹2,000 crore at the launch of its residential project, Godrej Vanantara, in Bengaluru, the company announced on Tuesday, June 9. The Mumbai-based developer said it sold over 1,000 homes with a total area exceeding 1.8 million square feet during the launch week of the project, which is…
