Raamdeo Agrawal predicts Sensex reaching 1.5 lakh by 2030 and 3 lakh by 2035. He attributes this to consistent domestic capital inflows. Agrawal highlights quick commerce, capital markets boom, energy transition, and manufacturing as key investment themes. He advises caution, emphasizing buying at the right price. Agrawal notes the shift in market structure with increasing domestic participation.
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Coca-Cola is adopting an "all-weather" strategy in India to boost sales beyond the summer season, focusing on festivals and creating more consumption occasions. Despite early monsoons potentially impacting sales, the company aims to overcome seasonality by offering diverse product choices and healthier options.
US stocks edged higher amid trade policy uncertainty, with the S&P 500 nearing its all-time high. Dollar General surged on strong earnings, while the OECD downgraded the US economic growth forecast. Investors are anticipating potential US-China trade talks, and new labor data indicated continued strength in hiring, preceding Friday's employment report.
A recent US Commerce Department report indicates a slowdown in inflation, with consumer prices rising just 2.1% in April. This decline occurs amidst concerns that former President Trump's tariffs could drive prices higher.
The European Central Bank is expected to announce its seventh consecutive interest rate cut amidst a struggling eurozone economy. Concerns over economic performance outweigh inflation worries, exacerbated by US President Trump's fluctuating trade policies. HSBC anticipates the rate reduction following recent US tariff announcements. While a quarter-point decrease is expected, analysts suggest a pause in July to evaluate economic trends.
Infosys has inaugurated a new development center in Gujarat International Finance Tec-City (GIFT City), Gandhinagar, to support over 1,000 employees in a hybrid model. This TechFin hub will deliver advanced digital solutions for global BFSI clients, focusing on areas like digital banking and risk management. The center will leverage AI, GenAI, cloud, and blockchain technologies to enable cross-border digital solutions.
Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, were volatile in opening trade on Tuesday. While Nifty50 went below 24,650, BSE Sensex was near 81,000.
IndiGo airlines is set to boost air connectivity in Assam following discussions with Chief Minister Himanta Biswa Sarma. New initiatives include a direct Delhi-Jorhat flight starting mid-September 2025 and a Guwahati-Navi Mumbai route launching this winter. The Delhi-Dibrugarh service will now include a Guwahati stopover, enhancing connectivity between Assam's capitals.
Ola Electric's stock prices plunged following the release of disappointing quarterly results. The electric vehicle company reported a substantial net loss for the fourth quarter and the full financial year. Revenue from operations also experienced a sharp decline. Despite these challenges, Ola Electric expresses optimism about achieving profitability in the coming financial year.
Starting July 2025, the GST Network will time-bar GST returns after three years from the due date, impacting filings like GSTR-1 and GSTR-3B. Implemented from August 2025, this measure, stemming from the Finance Act, 2023, aims to improve compliance and clear backlogs.
India's agricultural sector has undergone a significant transformation in the last 11 years, driven by increased budgetary support and policy focus. The government reports substantial growth in foodgrain output, rising MSP for key crops, and significant disbursements under PM-KISAN. Crop procurement volumes have also seen a sharp increase, positioning India towards global agricultural leadership.