Vodafone Idea has secured Rs 3,300 crore through debenture issuance. This fundraise provides crucial financial support. The money will boost network investments. The issuance was done by its subsidiary, Vodafone Idea Telecom Infrastructure Limited. This move offers the company much-needed financial flexibility.
Mark Matthews of Julius Baer highlights silver's fundamental strength driven by industrial and defense demand, while gold's support comes from Indian household wealth. He anticipates foreign investors returning to India next year, with a stronger rupee expected. Matthews favors private banks, NBFCs, energy, engineering, and IT sectors for long-term growth.
Indian equity markets are poised for steady, healthy growth, driven by the gradual payoff of fiscal and monetary stimulus. While global markets face volatility, India's lack of an AI boom may position it as a favored diversification destination for cyclical exposure. Expect earnings-led returns rather than valuation rerating.
