Godrej Industries sees financial services as its fastest-growing vertical, with plans to scale AUM to ₹1 lakh crore, while real estate and consumer businesses continue to anchor growth, Chairman-designate Pirojsha Godrej said.
Nikunj Doshi, Managing Partner & CIO-PMS at Bay Capital Investments Advisors, says IT services face growth challenges amid AI disruption and remains cautious on the sector. He prefers a bottom-up approach in pharma, citing benefits from rupee depreciation and easing…
The Nifty Bank index dropped 819 points to 56,305, while the midcap index declined 249 points to 59,953. Market breadth remained weak, with the NSE advance-decline ratio at 1:2 in favour of declines.
Revenue for the quarter declined 22.8% to ₹1,945 crore, compared to ₹2,519 crore a year ago.
Aditya Birla Sun Life AMC Q4 net profit fell 18% to ₹187 crore from ₹228 crore, while revenue rose 6.8% to ₹458 crore from ₹429 crore.
J Kumar Infraprojects secured two projects worth ₹2,488 crore, adding to recent order wins, as the stock gained in trade amid a steady pickup in infrastructure execution visibility.
Tech stocks rebound, leading markets since March bottom, while earlier winners like energy and staples lag, investors refocus on AI driven growth and small caps still outperform.
Kenneth Andrade, Founder & CIO, Old Bridge Asset Management, said investors should focus on sectors linked to global demand and inflation, while being cautious on valuations and margin risks in the near term.
BlackRock says rising stock bond correlation weakens diversification, urges investors to add liquid alternative funds and small gold stakes alongside traditional 60/40 portfolios.
Amazon India will invest over ₹2800 crore in 2026 to expand logistics and quick commerce, while boosting safety, health and financial welfare programs for delivery associates