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RBI Governor Sanjay Malhotra promoted India as a prime long-term investment destination, citing its robust growth and stability amidst global economic challenges. India s average annual growth rate of 8.2% over the past four years makes it the fastest-growing major economy. Strong domestic demand, policy continuity, and significant foreign exchange reserves further enhance India s attractiveness to investors.

Reliance Industries has emerged as a strong contender for a significant stake in Haier India, potentially competing with a consortium led by Sunil Mittal. Haier aims to localize its operations by diluting 25% to 51% equity, seeking a valuation of $2-2.3 billion.

Viktor Shvets of Macquarie Capital suggests the US faces a period resembling stagflation, not outright recession, due to Donald Trump s policies aimed at reshaping American society. He notes that India s economic growth, while strong, needs recalibration and structural reforms to achieve its potential.

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Stocks offering short-term trading opportunities include Bharti Airtel, Godrej Consumer, Grasim, Havells, ICICI Bank, Marico, Sun Pharma, Tata Consumer, Navin Fluorine, Persistent Systems, Aarti Industries, and UltraTech Cement.

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Several stocks, including Ultratech Cement and Mphasis, show bullish potential based on open interest and price changes, with analysts providing specific targets and stop losses. Conversely, Tata Steel and Syngene International face bearish outlooks due to technical resistance and disappointing earnings, respectively. Experts suggest trading strategies for both bullish and bearish stocks in the near term.

It could be double delight again for India Inc

Updated at : 2025-04-28 17:45:02

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Therefore, excluding its performance did not affect the sample s top-line growth. However, the company s contribution to total profit reduced to around 16% in the March quarter from nearly 18% in the year-ago quarter.

Higher wage provisions may dent SBI Q4 earnings

Updated at : 2025-04-28 17:45:02

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The bank s profit is expected to range between ₹16,000 crore and ₹20,000 crore, based on consensus estimates from five brokerages. This is a decline from more than ₹20,000 crore last year.

Reliance has reported a strong fourth quarter beat in profitability as the bottom line rose 2% year-on-year (YoY) to Rs 19,407 crore. The Street was expecting the profit to be around Rs 18,471 crore.

Ather Energy plans to raise ₹2,626 crore through an IPO to fund expansion and R&D, while offering ₹355 crore in an offer for sale. Despite ongoing losses, Ather has shown volume growth with its new Rizta model, increasing its market share.

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RIL is looking forward to renewable energy as the future growth driver. Under the business segment of new energy, it has identified solar power generation, solar photovoltaic (PV) modules, battery packs and green hydrogen as focus areas, which are expected to be operational in three-four years in a phased manner.

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