India’s information technology (IT) sector has delivered an earnings surprise in the March quarter of FY26, posting a 14.4 per cent year-on-year rise in net profit, marking a sharp recovery from the 8.7 per cent contraction seen in the preceding December quarter, according to data compiled by ET Wealth from Bloomberg. The turnaround comes at…
Matt Orton of Raymond James said resilient growth and inflation may keep the Fed on hold, making short-term bonds attractive. (Image: ET Now) The US bond market may be presenting opportunities at the shorter end of the yield curve as investors overestimate the likelihood of further Federal Reserve tightening, according to Matt Orton, Chief Market…
India’s fast-moving consumer goods (FMCG) sector could be headed for its strongest year of growth since the financial year 2022-23 (FY23), with Goldman Sachs expecting earnings momentum to continue through the financial year 2026-27 (FY27) despite concerns over crude oil prices, inflation and monsoon conditions. Arnab Mitra, India Consumer Analyst at Goldman Sachs, said the…
Foreign portfolio investors (FPIs) sharply reduced their exposure to financial stocks in the second half of May, with the sector emerging as the biggest laggard in terms of assets under custody (AUC), according to data compiled from NSDL. Between May 15 and May 31, AUC in financial services declined by Rs 11,441 crore, the steepest…
Cryptocurrency exchange Bybit has launched “IPO Express”, a platform that allows eligible users to subscribe to tokenised representations of initial public offerings (IPOs), beginning with shares linked to aerospace company SpaceX. The exchange said the service, powered by tokenisation provider xStocks, will enable eligible retail investors to access IPO allocations at the offering price through…
Nilesh Shetty, Portfolio Manager at Quantum Advisors, believes India could benefit if the global AI trade loses momentum, though he does not expect foreign inflows to pick up meaningfully amid concerns over the rupee and geopolitical tensions. The fund remains positive on private sector banks, insurance companies and large-cap pharma stocks, while selectively adding IT…
Adani Block Deal: The Indian stock market’s recent underperformance has largely been driven by sustained foreign fund outflows, reflecting a cautious stance among overseas investors towards domestic equities. Yet, strong domestic participation has emerged as a key stabilising force. Steady inflows from retail investors, mutual funds and systematic investment plans (SIPs) have helped absorb foreign…
India could attract $50-60 billion in foreign inflows over the next few months following the Reserve Bank of India’s (RBI) recent measures to lure precious dollars, according to ICICI Securities executives speaking at the ICICI Securities Investor Conference 2026. On Friday (June 5), the RBI allowed eligible foreign investors to buy long-term government bonds via…
The Nifty Metal index is on a four-day losing streak, having seen profit booking from elevated levels amidst a strengthening US Dollar in the global markets. Amidst this fall, three stocks, NALCO, Hindustan Zinc and SAIL, have already seen losses in double-digits during this four-day period. While shares of NALCO are down 11% and are…
Shares of InterGlobe Aviation Ltd. were trading 2.39% lower at ₹4,374 on Monday, even as the airline outlined an ambitious growth roadmap aimed at transforming itself into a major global aviation player by 2030. As part of its IndiGo 2030 vision, the carrier is targeting annual capacity of 300 billion available seat kilometres (ASK) and…
