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Sachin Shah, Fund Manager, Emkay Investment Managers, says midcaps and smallcaps will be very bottoms up, very company specific, where the earnings growth will have to be very solid, the tailwind over there may not be there, but it was there for the last two-three years as far as both from the investor's perspective and also from the ground level business perspective. So, largecaps will be relatively easy to invest and make some decent returns over the next 12 to 18 months. The colours of Holi are on the screen, some bit of a green and some bit of a red. There is a Holi feel all around. But the question is when will the markets turn pink? Pink as in when will we get back to that pink of health for the markets? What is your current take on the markets and how are you navigating this volatility? Sachin Shah: Clearly, we are seeing a decent amount of volatility in CY25. Even the last quarter of CY24 was not very great. And it is driven by the global headlines, global flows, and, of course, in the last few months also, it has to do something with the domestic economy. We have to understand that as equity investors, we have to be ready for a non-linear kind of market movements and this is also a phase because we have had some fantastic times in the last five years. Because even today, in the current financial year, the markets are more or less flat, but in spite of that, with that flat year also if you see the last two years, three years, five years, all the returns are in the range of 18%, 20%, 25%.

Aerospace and defence technology manufacturing startup Rangsons Aerospace has raised Rs 300 crore from ValueQuest Investment Advisors. The Mysuru-based company plans to use the fresh capital to expand its operational capacity and drive growth into new business areas through strategic acquisitions. This is the first investment by ValueQuest Tristar Fund, a Category II alternative investment fund (AIF) focused on thematic sectors such as defence, aerospace, and precision engineering.

Global Capability Centers (GCCs) and the technology sector, according to a report by Anarock. The co-working sector accounted for 34% of the total transactions, marking a 6% increase from 2023. Conversely, the IT-ITeS sector’s share decreased by 3% to 29%, while consulting business occupiers contributed 12% to the overall transactions. “The year 2024 emerged as a transformative year for the office real estate market, characterized by robust absorption, strategic expansion by diverse sectors, and strong rental growth across major markets,” said Peush Jain, MD-commercial leasing and advisory, Anarock Group.

US equity correction may be over, with credit markets indicating a lower risk of recession, according to JPMorgan Chase & Co. Credit markets, which were proven right on multiple occasions over the past two years, “are once again more dismissive of US recession risks than equity or rate markets,” strategists including Nikolaos Panigirtzoglou and Mika Inkinen wrote in a note dated Wednesday.

Subscribe to enjoy similar stories. The International Energy Agency said the macroeconomic conditions underpinning its oil-demand projections have worsened over the past month due to global trade tensions, and that it sees a bigger-than-anticipated supply surplus if OPEC+ raises output beyond April. “New U.S.

Subscribe to enjoy similar stories. The virtue economy has completely burst [in the US]. Many companies are cutting their diversity, equity and inclusion (DEI) programmes, environmental, social and government (ESG) funding in the US has fallen, and companies are being quieter about politics.

Eight of the top ten IT stocks have entered bear market territory, including Infosys, HCLTech, and Tech Mahindra. LTIMindtree experienced the most significant drop from peak levels, falling 33%, while Wipro, though performing relatively better, still saw a 16% decline.

shares were largely unchanged on Thursday as investors took a step back to assess the ramifications of U.S. President Donald Trump's wavering tariff announcements on global trade relations. The pan-European STOXX 600 was down 0.06% as of 0813 GMT, after closing 0.8% higher on Wednesday due to optimism from hopes of a ceasefire in Ukraine and a cooler-than-expected U.S. inflation report.

economy? check. As you continue to gather your gulal and stock up on sweets, there is another reason to celebrate Holi this year—the Indian economy is bringing its own splash of colors to the festival. With inflation cooling, EMIs likely to get cheaper, and a fresh dose of tax relief from the government, there’s more than just festive spirit in the air. So, as you vibe on “Balam Pichkari" or «Do me a favor, let’s play Holi!”—here’s how the economy is setting the perfect backdrop for a vibrant, cheerful celebration.

Keki Mistry, Former VC & CEO, HDFC & Independent Director in Several Companies, says he would be surprised if India’s growth is not 7% or very close to 7% by the second half of the year. If monsoons are good, food prices continue to remain low, and there is low geopolitical uncertainty, then we can cross 7% in the latter part of the year. Mistry also says that the risk to India from tariff threat is far lesser than the risk to countries like China, Canada or any of these European countries. India is hugely dependent on the domestic economy though exports make for 22-23% of GDP and the US accounts for 16-17% of total exports. So, the proportion of the impact it will have on India will be lesser than in most other countries. FMCG, retail, also the IT sector will do well because of rupee depreciation.

Blackstone chairman and CEO Stephen Schwarzman believes the new US tariff regime has the potential to boost growth and strengthen American consumption demand by attracting foreign investment. Speaking during his visit to India to mark Blackstone’s 20th anniversary in the country, Schwarzman discussed global trade, US policy, and India’s economic prospects. Addressing concerns about the impact of reciprocal tariffs on the US economy, he said that while input costs for American businesses may rise, the policy is already stimulating large-scale inbound investments.

Subscribe to enjoy similar stories. The world is being resurrected. Now our saviour, Donald Trump, is back.

Anurag Singh, Managing Partner, Ansid Capital, says every company in the US market is beating the numbers on Q4, but they are giving a weaker or a very cautionary guidance and that is when the markets correct. All the revisions from the analysts and everything for Q1, Q2, the earning revisions are the projections that are being downgraded. It is not that the actual earnings are low, but the projections are. What is shaping up in the global markets and especially the US because there are recessionary fears. But other than that, it is the CPI data that is cooling off. Give us your reading and sense on where the US market is headed, taking cues from all of the macro data. Anurag Singh: CPI came in good and I am of the view that with the efficient cutting of government spending that this government is doing along with the DOGE effort, we have seen the peak of the inflation already. If there was one worry whether inflation will cool down or prove to be sticky, it is now reasonably sure that inflation is not a worry. The worry is moving more towards the recession side, but certainly not on the inflation side. So, on that front, the news is good but there is a whole set of worries that the market is now thinking about.

Donald Trump has done more than any of his modern predecessors to hollow out the foundations of an international system that the United States painstakingly erected in the 80 years since it emerged victorious from World War II. Without formally declaring a reversal of course or offering a strategic rationale, he has pushed the United States to switch sides in the Ukraine war, abandoning for a time all talk about helping a nascent, flawed democracy defend its borders against a larger invader. He did not hesitate when he ordered the United States to vote with Russia and North Korea — and against virtually all of America's traditional allies — to defeat a U.N.

Oil prices eased on Thursday after surging the day before as worries about the impact of intensifying tariff wars on global economic growth and energy demand outweighed the positive sentiment from a larger-than-expected draw in U.S. gasoline stocks. Brent futures fell 7 cents, or 0.1%, to $70.88 a barrel by 0107 GMT, while U.S. West Texas Intermediate crude futures shed 11 cents, or 0.2%, to $67.57 a barrel.

Subscribe to enjoy similar stories. PRESIDENT DONALD Trump’s bullying of America’s allies and neighbours may appeal to the maga base. Unfortunately, investors feel otherwise.

Subscribe to enjoy similar stories. A new fear is gripping Wall Street: The economy may go into reverse while tariffs keep consumer prices too hot. Concerns over “stagflation"–a destructive combination of poor growth and rising prices that befuddle policymakers’ attempts to intervene–are dropping the floor from under stocks and sending investors to the safety of U.S.

global trade war with further tariffs on European Union goods, as major U.S. trading partners said they would retaliate for trade barriers already erected by the U.S. president. Just hours after Trump's 25% duties on all U.S. steel and aluminum imports took effect, Trump said he would impose additional penalties if the EU follows through with its plan to enact counter tariffs on some U.S. goods next month. «Whatever they charge us, we're charging them,» Trump told reporters at the White House. Trump's hyper-focus on tariffs has rattled investor, consumer and business confidence and raised recession fears. He also has frayed relations with Canada, a close ally and major trading partner, by repeatedly threatening to annex the neighboring country. Canada, the biggest foreign supplier of steel and aluminum to the United States, announced 25% retaliatory tariffs on those metals along with computers, sports equipment and other products worth $20 billion in total. Canada has already imposed tariffs worth a similar amount on U.S. goods in response to broader tariffs by Trump. «We will not stand idly by while our iconic steel and aluminum industries are being unfairly targeted,» Canada's Finance Minister Dominic LeBlanc said.

The Nifty IT index fell 2.9%, while the benchmark Nifty ended 0.1% lower Wednesday.

retaliatory tariffs because President Donald Trump had implemented steel and aluminum import restrictions. The ongoing trade war has made economists predict economic slowdown and heightened consumer prices due to recently available inflation data, which shows a mild February increase.

Vedanta Ltd's promoters will maintain over 50% stake in each of its demerged entities, as the focus remains on creating pure-play companies which will be better placed to capitalise opportunities, the group's chairman said. The mining conglomerate is looking to demerge its businesses — aluminium, oil & gas, power and steel- as separate entities. At present, these businesses are subsumed within Vedanta Ltd, the Indian subsidiary of UK-based Vedanta Resources. «We realised that most of our businesses are sitting under a large banyan tree structure, that is Vedanta. It is better to take them out and allow them to grow in the sun,» Vedanta Resources chairman Anil Agarwal told ET during an interaction. There is no need for a stake sale for cutting debt at the holding company level, he said. «We are very comfortable with our shareholding levels and have no plans to pare down our promoter stake in any way. Equally, we have no plans to increase our stake in any of the companies that will be demerged,» he said, explaining that the company is sufficiently funded to manage affairs through internal accruals. But it is open to selling the steel business if a «right price» is offered.