Indian exporters are scrambling for options to mitigate the fallout of US President Donald Trump's threatened tariff salvo against the world's most populous nation. Since Trump's tariff threats, Prime Minister Narendra Modi has spoken to both Putin and Ukrainian President Volodymyr Zelensky, urging a "peaceful resolution" to the conflict.
Muthoot Microfin CEO Sadaf Sayeed reports positive impacts from MFIN's guardrails, reducing multiple loan borrowers from 20% to 8%. Muthoot Microfin's overleveraged customers decreased to 1%. Despite a typically slow Q1, disbursements reached 175 crores, benefiting 311,000 borrowers. The company is focusing on existing customers with higher credit scores, introducing new loan products, and expanding into new territories.
Brokerages have turned positive on a range of stocks across sectors, projecting double-digit upside potential based on strong growth prospects and supportive business fundamentals for the next 12 months.We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
Investors have a final opportunity to buy shares of top Indian firms like Reliance Industries and Hindustan Petroleum today to qualify for dividends. REC and Bharat Electronics are also offering dividends. Several other companies including Action Construction Equipment and Astral are closing in on their record dates.
The dollar weakened due to tame U.S. inflation data, increasing expectations of a Federal Reserve rate cut next month. President Trump's attempts to influence the Fed further undermined the currency. While investors are pricing in a high probability of a rate cut, some analysts advise caution, awaiting further economic data to solidify the outlook.
New investors entering the market should understand mutual fund schemes, risks, costs, and return potential. Options range from equity to fixed-income and hybrid funds, each with varying risk levels. Costs include expense ratios, impacting returns. Investors should align fund choices with their risk profile and investment timeline, considering equity for long-term goals and debt for shorter horizons.
The RBI now permits individuals to invest in Treasury bills (T-bills) via SIPs on its retail direct platform. An analysis reveals that bank fixed deposits offer higher returns in the one-year segment, while T-bills perform better in shorter tenures.
India's wealthiest investors witnessed a surge in their net worth during the June quarter, fueled by a stock market rebound. Portfolios of figures like the Jhunjhunwala family and Mukul Agrawal saw gains between 12% and 42%. Conversely, Madhusudan Kela and Vijay Kedia experienced portfolio value declines as they strategically reduced exposure to certain stocks.
