Overview The December 2024 earnings season for India Inc. has showcased remarkable growth across multiple sectors. According to ACE Equity data, the combined profit after tax (PAT) of BSE 500 stocks surged by 15% quarter-on-quarter (QoQ) in Q3 FY25, reaching Rs 4.09 lakh crore. This also marks an 18% year-on-year (YoY) increase from Rs 3.47…
The Indian economy is witnessing a steady resurgence in momentum during the second half of the financial year 2024-25 (H2FY25), driven by high-frequency indicators, according to the Reserve Bank of India’s (RBI) monthly bulletin released on February 19. Industrial activity has improved over the previous quarter, as reflected in the Purchasing Managers’ Index (PMI) for…
The Securities and Exchange Board of India (SEBI) has relaxed certain compliance requirements for Research Analysts (RAs) and Investment Advisors (IAs), allowing them to inform existing clients about the Most Important Terms and Conditions (MITC) via email or any other preservable mode of communication. This move confirms a Moneycontrol report from February 5, which stated…
Tech Giant Faces €3bn Tax Dispute Over Non-EU SalesItalian tax authorities have accused Amazon of evading €1.2 billion in VAT payments, marking another major European crackdown on Big Tech’s tax practices. The claim involves sales of goods from China and other non-EU countries through Amazon’s platform between 2019 and 2021, according to sources familiar with…
Tata Motors, India’s leading electric vehicle (EV) manufacturer, has seen its market share decline from 73% in 2023 to 62% in 2024 due to rising competition from JSW MG Motor India, Hyundai Motor India, and Mahindra & Mahindra. However, Shailesh Chandra, Managing Director of Tata Motors passenger vehicles and Tata passenger electric mobility, remains confident…
Macro Equities: Earnings This Week: FX & Commodities: Fixed Income: 📊 Investors await US CPI data and Powell’s testimony for further insights. Disclaimer: This content is for informational purposes only and does not constitute financial, investment, or trading advice. Market conditions are subject to change, and past performance is not indicative of future results.
🔹 Goldman Sachs’ Chief US Equity Strategist David J. Kostin flags tariffs as a key downside risk for the S&P 500 earnings forecast in 2025. 🔹 Q4 2024 Earnings: The S&P 500 saw 12% YoY growth in earnings per share (EPS), surpassing expectations of 8%—but new tariffs could harm future earnings. 🔹 Tariff Increases Ahead:…
India is preparing for a deluge of mega listings this year that may send the value of initial public offerings soaring past 2024’s record run, even as the nation’s economy wobbles and currency faces growing strains. At least seven companies are in the pipeline to raise at least $1bn each this year, according to investment…
The recent Goldman Sachs report (January 29, 2025) analyzes equity market dynamics following a 3.5% correction in the “Magnificent 7” tech stocks. Here are the key insights: Market Context and Outlook Concentration Risks Emerging Challenges Investor Positioning and Opportunities Forecasts and Strategy Tactical Recommendations: The report concludes that while structural supports remain, investors should use…
Market Performance: Opening Trends: Markets are expected to open flat today as investors await the U.S. Federal Reserve’s rate decision and the upcoming Union Budget. Recent Decline: Both the Nifty 50 and BSE Sensex have declined by approximately 3% in January, marking the longest monthly losing streak in over 23 years. Factors contributing to this…
