NSE Indices on Thursday organised a press meet in Mumbai, where it elaborated on its outlook for passive investing in India. It stated that the total Assets Under Management (AUM) in passive investments surged from Rs 1.63 lakh crore in 2020 to approximately Rs 50 lakh crore in 2026. At the meet, Aniruddha Chatterjee, CEO […]
Why FPI interest in India ‘has pretty much died out’: Nithin Kamath points to valuations, taxes and global alternatives
Foreign investor appetite for Indian equities may be cooling sharply, if insights shared by Nithin Kamath are anything to go by. In a recent social media post, the Zerodha co-founder said feedback from a stock market insider suggests that global investors are increasingly turning cautious on India, citing a mix of macro, valuation, and policy […]
TCS going all-in on AI as $2.3 billion revenue takes shape. 5 takeaways from Q4 results
TCS’s fourth-quarter results signal that the company is no longer considering artificial intelligence (AI) a side bet, instead, it is positioning the segment as a structural growth driver. The company reported that its annualised AI revenue crossed $2.3 billion in Q4, alongside a strong deal pipeline, indicating that enterprise AI spending is translating into tangible […]
TCS dividend announcement: TCS declares Rs 31 per share final dividend, FY26 payout at Rs 39,571 crore
TCS Q4 Dividend Announcement: Indian IT bellwether Tata Consultancy Services (TCS) on Thursday announced a final dividend of Rs 31 per share for the financial year ended March 31, 2026. The company will pay the dividend on the third day from the conclusion of its 31st Annual General Meeting. The company’s FY26 shareholder payout in […]
TCS Q4 Results: Profit jumps 12% YoY to Rs 13,718 crore; revenue rises 10%
IT services giant Tata Consultancy Services (TCS) on Thursday reported a 12% year-on-year (YoY) growth in its consolidated net profit, which stood at Rs 13,718 crore in the fourth quarter. Revenue from operations rose 10% YoY to Rs 70,698 crore. The company has also approved a final dividend of Rs 31 per share. TCS said […]
A strange world: Nithin Kamath says hospitals saving lives are valued less than brokerages
Zerodha CEO Nithin Kamath took to X to flag the valuation gaps between hospitals and brokerages, with the one saving lives enjoying a much less market value than the one helping investors to buy and sell stocks. Kamath said he recently had dinner with Dr Devi Shetty, a renowned Indian cardiac surgeon who founded Narayana […]
Sensex @ 95,000 in 9 months? Morgan Stanley’s Ridham Desai says bull market coming
Sensex could climb to 95,000 by December 2026, with Morgan Stanley’s Ridham Desai arguing that a new bull market is taking shape after one of the worst relative performance phases for Indian equities in decades. Morgan Stanley pegs its base-case Sensex target at 95,000 for December 2026, implying about 22% upside from the April 8 […]
Housing finance stocks near inflection point, Bernstein picks 2 favourites
Housing finance stocks look poised near an inflection point as Bernstein argues that affordable housing financiers are set for a turnaround in both growth and asset quality, and names HomeFirst and Aadhar Housing Finance as its two preferred bets in the segment. The brokerage notes that the recent macro-led selloff has dragged down Indian banks, […]
PSU banks vs private bank stocks: Nomura analysts give 4 reasons to rotate your money
After PSU bank stocks outperformed private banks by 34% in last one year, Nomura has turned incrementally cautious on PSU banks and believes the risk‑reward now favours a rotation back into large private lenders, citing four structural reasons to prefer private bank stocks despite PSU banks’ sharp outperformance over the past year. Over the past […]
Oil retailers losing Rs 21 per litre on petrol and Rs 28 on diesel: Jefferies
India’s state-run oil marketing companies (OMCs) are haemorrhaging cash on fuel sales even after the government slashed excise duties last month, with losses ballooning to Rs 21 per litre on petrol and Rs 28 on diesel, according to Jefferies. The mounting losses come despite the government’s intervention on March 27 to cut excise duty by […]