Domestic investors engaged in profit-booking following seven days of gains, causing the sensex to drop by 729 points and the Nifty to lose 189 points. Market analysts attribute this to forthcoming US tariff announcements and sectoral impacts, especially in pharma and IT, despite foreign investors' net buying signals market stability.
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Emami's MD, Harsha Vardhan Agarwal, new Ficci president, states that consumption slowdown, impacted by inflation, will take a few quarters to normalize. He suggests controlling inflation and boosting government spending to revive demand, noting a mixed bag for FMCG with rural uptick and urban slowdown.
March is historically the best time for Indian stock market returns, and a similar trend is expected this month. Nifty and other indices have shown positive average returns in March over the last decade, barring 2020. Analysts suggest that current market dynamics and financial stock performance support a potential rebound in the stock market.
The finance ministry has informed Parliament that the government's focus is on enhancing the quality of public spending, while also strengthening social security for the underprivileged. Despite global economic instability, the government is committed to reducing the fiscal deficit to under 4.5% by next financial year, emphasizing higher capital expenditure and reducing wasteful spending.
Finance Minister Nirmala Sitharaman urged industries to diversify supply chains, considering political and strategic factors beyond economics. She emphasized the need to avoid over-reliance on any single nation, seemingly referencing China, and cautioned against excessive borrowing, highlighting global conflicts and inflation as key concerns requiring international cooperation for stability.
India is emerging as a top destination for startup IPOs, aided by robust domestic economic growth, favorable geopolitical conditions, and substantial foreign capital inflows. With a surge in profitable tech-based listings, investors are focusing on manufacturing startups targeting global demand and IP-driven innovations, with Accel playing a significant role.
A strong March rally is now uncertain as Foreign Institutional Investors sold off over Rs 10,255 crore in Indian stocks. As markets await US President Trump's tariff announcement, concerns about potential global risks loom. Experts suggest that while volatility may persist, long-term investors could cautiously start deploying capital, given India's robust economic fundamentals.
India's economy is projected to grow between 6.3-6.8% in 2025-26 amid global uncertainties, according to a finance ministry report. The Eco Survey highlights the need for structural reforms and deregulation, emphasizing the significance of rural demand and private investment for growth, despite geopolitical and trade challenges.
BSE market capitalisation fell below Rs 400 lakh crore due to foreign fund outflows and disappointing corporate earnings. Major losers included IndusInd Bank and ITC, while NTPC and Tech Mahindra gained. The small-cap index dropped 1.71 per cent. Sector-wise, utilities and IT gained, whereas industrials and auto sectors suffered losses. Mixed performances were seen across the market.
A new Budget amendment necessitates suppliers to ensure buyers reverse input tax credits (ITC) before claiming adjustments when issuing a credit note. This change aims to prevent revenue leakage and double tax benefits. The amendment could face legal challenges as it imposes an additional burden on suppliers for the recipient's non-compliance.
Gas consumption in India grew by 11% annually in 2024, causing a rise in LNG imports to meet increasing demand. Sectors such as industry, oil refineries, residential, commercial, and transport saw significant growth. Heatwaves also increased gas use for power generation. This aligns with India's low-carbon economy goals but raises energy security concerns due to declining domestic production.