The government has moved to cushion India’s oil marketing companies with a significant excise duty reduction and a new windfall tax on refined product exports. Which companies gain the most? Here is what Nomura says With crude oil prices surging on the back of the Iran-US-Israel conflict and pump prices held artificially stable, India’s oil … Read more
The Defence Acquisition Council has cleared a sweeping round of approvals covering missiles, strike aircraft, warships and anti-drone systems. Motilal Oswal says the sector remains a structural buy — and names its picks with price targets Even as the broader Indian market grapples with an energy shock, rising inflation and earnings downgrades, one sector is … Read more
The US-Israel-Iran war has rejigged India’s auto sector favourites, and the EV trade is now the only clear place to hide, says Nomura The US-Iran war has abruptly changed the calculus for India’s automobile sector. With Brent crude surging — up from around $60 at the start of the year — Nomura’s India autos team … Read more
Crisil Ratings has mapped the damage sector by sector. The list goes well beyond fuel prices and refiners. With the Strait of Hormuz virtually closed, the risk of passage had simply become too high. And with that, one of the world’s most critical energy corridors has gone dark taking with it a supply chain that … Read more
The retail battle on discounts is beginning to converge, but the war continues The battle for India’s grocery wallet is taking an unexpected turn. While quick commerce giants Zomato and Swiggy dominate headlines with their 10-minute delivery promises and billion-dollar cash burn, the real story emerging tells a tale—one where DMart’s boring brick-and-mortar strategy might … Read more
Jefferies warns structural shift will shrink managed services and increase cyclicality India’s information technology sector is experiencing its worst selloff in years, with the Nifty IT index plunging over 21% since January 1, 2026, erasing over Rs 1 lakh crore in market capitalization from the top five IT stocks alone. What started as concerns about … Read more
Rural revival, GST cuts, and favorable commodity costs drive volume recovery; but what next for stocks The beleaguered fast-moving consumer goods sector is showing its first convincing signs of revival after years of volume stagnation, margin pressure, and rural demand weakness. But investors betting on the recovery may already be late to the party, with … Read more
With Nifty IT down 15% in a month and FCF yields at crisis levels, analysts ask: Is this a Kodak moment or a generational buying opportunity? The question haunting Dalal Street’s technology corner isn’t whether AI will disrupt Indian IT services. It’s whether the disruption has already been priced in — and then some. The … Read more
Uttar Pradesh is rolling out the welcome mat for alcohol manufacturers, and it could change the fortunes of two home grown brewers. When India’s largest state decides to roll out the welcome mat for alcohol manufacturers, investors would do well to pour themselves a drink and pay attention. Uttar Pradesh, a market of over 230 … Read more
The Nifty IT Index fell another 4 percent in morning trade Wednesday, closing at 33,583—a level that marks a deep 11 percent decline in CY2026 alone. What started as isolated selloffs around AI announcements has hardened into a sustained downtrend, its apparent, with each relief rally failing to reclaim lost ground. The chart tells an … Read more