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Citi's Surendra Goyal warns of earnings risk from oil & AI, stays underweight on IT services
Citi's India Research Head Surendra Goyal flags a tougher macro setup driven by rising oil prices, a weaker rupee, and El Niño risks. He warns of earnings downside if oil stays above $100. On IT services, Goyal remains underweight, citing competitive fragmentation, GCC expansion, and growing AI disruption from players like OpenAI and Claude. Q4 earnings are broadly in line at ~9% EBITDA growth, but June quarter numbers will be the real test. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
ET Alpha Wealth Summit: Market titans decode AI, wealth creation & India’s next investment cycle
As markets grow volatile, the Economic Times' Alpha Wealth Summit in Mumbai will gather experts to discuss future wealth creation. Sessions will cover finding alpha, building a Rs 100 crore portfolio in a lower-return environment, and navigating India's next decade amidst AI's rise.
Buy NTPC Green, Balramchini, Trent: Analyst picks three stocks today
Stocks to buy today: Jatin Gedia of Teji Mandi Investment Technologies suggests buying NTPC Green, Balrampur Chini and trent; check target
Federal Bank, Indian Bank, MCX & Nalco in MSCI Global
Global index provider MSCI has announced significant changes to its indices. Federal Bank, Indian Bank, Multi Commodity Exchange of India, and National Aluminium Company are set to join the Global Standard Index. This move is anticipated to bring substantial investment into these stocks. Adani Energy Solutions will not be added due to surveillance measures.
Aditya Birla group, KKR left in race for Sprng Energy
Aditya Birla Group and KKR are vying to buy Shell's renewable energy firm Sprng Energy. Binding financial bids are in, and Shell will negotiate with the top two contenders next week. India's National Investment and Infrastructure Fund and Actis are out of the running. The deal could be worth around $2 billion. Shell is reviewing strategic options for Sprng Energy.
Siemens eyes exit from cancer care chain American Oncology Institute
Siemens Healthineers is exiting its Indian cancer care chain, American Oncology Institute. The deal is valued between ₹1,500-2,000 crore. Private equity funds and Healthcare Global Enterprises are potential bidders. AOI operates 16 hospitals in India and one in Sri Lanka. This move aligns with Siemens Healthineers' broader strategic reviews. The Indian cancer care market is experiencing significant growth and investment.
Netflix says it invested $135 billion in content over decade, created 425,000 jobs globally
Netflix reveals massive global investments in films and series. Over the last decade, the company poured more than $135 billion into content. This has boosted the world economy by over $325 billion. It also created more than 425,000 jobs. Netflix is committed to continued investment in creators and production worldwide.
Kotak AMC’s Shibani Sircar Kurian bets on financials and healthcare; cautious on IT
Shibani Sircar Kurian, Head -Equity Research and Fund Manager at Kotak Mahindra AMC, which manages assets worth nearly $4.79 billion, said the ongoing Middle East conflict remains the biggest concern for Indian markets due to its potential impact on oil prices, growth and earnings. She said Kotak AMC remains selective, favouring financials, healthcare and parts of industrials, while staying cautious on smallcaps and Indian IT amid AI-led disruption. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Invasset PMS’ Anirudh Garg sees power stocks leading market recovery, avoids IT and lenders
Crude prices, rupee pressure and FII selling remain key concerns for equities, according to Invasset PMS’ Anirudh Garg. He expects mid- and smallcap stocks to outperform but stays cautious on lending financials and urban consumption. Garg also flagged AI disruption risks for Indian IT, while highlighting rising power demand from data centres as a long-term opportunity. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
India retail realty leasing touches 3.1 million sq ft in Q1; high streets outpace malls
India's retail property market is off to a strong start. Leasing activity remains robust, with retailers increasingly opting for high streets and other formats due to limited new mall supply. This trend highlights the sector's resilience and adaptability. A significant development pipeline is set to boost organized retail in the coming years, promising further expansion and investment.
InCred Capital to integrate Singapore-based S Cube Capital to expand offshore wealth platform
The integration will be carried out through InCred Global Wealth Pte and is aimed at expanding the group’s investment capabilities across the Singapore–Gulf Cooperation Council (GCC)–India corridor.
Equity MFs inflow dips 5% in April; SIP contributions fall to ₹31,115 cr
Equity-oriented mutual fund schemes garnered a net inflow of Rs 38,440 crore in April, marking a 5 per cent decline from the preceding month, amid geopolitical tensions in the Middle East, fluctuating crude oil prices, and concerns about global growth. Moreover, monthly contributions through SIPs (Systematic Investment Plans) declined to Rs 31,115 crore last month from Rs 32,087 crore in March,according to data released by industry body Amfi on Monday. Overall, the industry recorded a net infusion of Rs 3.22 lakh crore in April after witnessing an outflow of Rs 2.4 lakh crore in March. This was contributed by a huge inflow of Rs 2.5 lakh crore in the debt funds. The inflow has lifted the industry's assets under management by 11 per cent to Rs 81.92 lakh crore at the end of April, up from Rs 73.73 lakh crore at the end of March. This was driven by strong positive flows across segments and market to market gains witnessed during the month, said Venkat Chalasani, Chief Executive at ...