Rumki Majumdar, Economist at Deloitte, discusses the heightened activity and uncertainty economists have faced since President Trump assumed office, particularly following the announcement of US tariffs. She highlights how sectors with significant exposure to the US, such as pharmaceuticals, defence, and textiles, have been closely assessing potential risks and opportunities. With clients keen to understand the impact on supply chains and inventories, there has been an active quarter of analysis and preparation for possible geopolitical developments. Majumdar notes the Indian government’s efforts to protect key export sectors, recognising their economic and employment significance. She also emphasises the growing importance of defence collaborations with the US, especially in light of recent conflicts, and anticipates increased government spending and technological cooperation.
Rumki Majumdar, Economist at Deloitte, presents an optimistic view of India’s current macroeconomic environment. She notes the encouraging green shoots in the economy, reflected in easing inflation and reduced rupee volatility. The Reserve Bank of India’s efforts to maintain currency stability amid global uncertainties are highlighted as a key factor. With expectations of a bilateral trade agreement between India and the US, Majumdar believes this could help ease the impact of recent trade tariffs, including the US government’s 50% steel tariff announcement. Despite challenges such as inflationary pressures and export demand fluctuations, she remains confident that timely trade negotiations and RBI’s prudent open market operations will strengthen forex reserves and support economic resilience. This analysis provides a clear picture of India’s economic prospects amidst ongoing global challenges
Just hours before the Reserve Bank of India’s (RBI) crucial credit policy announcement, we speak with Rumki Majumdar, Economist and Director at Deloitte, to decode what’s likely in store. With expectations of a 25 basis point rate cut and macro indicators showing both green shoots and lingering uncertainties, Rumki takes us through the RBI’s potential outlook on inflation, GDP growth, and liquidity management. We also discuss the implications of a narrowing India-US bond yield differential, the outlook for private investment, and how global geopolitical tensions and trade deals—especially with the UK and US—are shaping India’s macroeconomic landscape. In this wide-ranging conversation, Rumki sheds light on currency stability, forex reserves, the RBI dividend, and credit growth concerns, offering nuanced insights into the central bank's policy trajectory.
BTTV brings you a new market show - 'Daily Calls,' where you can gain invaluable insights and clarity on your market queries through our live sessions featuring expert analysts. Whether you're confused about where to invest, how to invest, or how to build and structure your portfolio.
Markets opened strong on Thursday, with the Nifty bouncing back after slipping below 24,600. It has now reclaimed the 24,700 level, supported by gains in Realty, Pharma, and PSU Banking stocks. The Realty index led sectoral gains ahead of the RBI policy, with stocks like DLF, Lodha, and Brigade up over 3%. Pharma saw a catch-up rally, with Glenmark, Lupin, and Aurobindo Pharma posting solid gains. Railway and defense stocks also performed well, while wealth management and broking firms like Angel One and CAMS gained on high volumes. The broader market remained upbeat, with an advance-decline ratio of 3:1. Traders are eyeing the 25,000 mark on the Nifty as bullish sentiment strengthens on weekly expiry day.
Markets traded strong ahead of the Nifty's weekly expiry, Defense and railway stocks led the rally, with Cochin Shipyard and IRCON seeing sharp gains. Fund manager Mohit Khanna of Purnarth Investment Advisors shared his bullish outlook on mid-caps, especially in defense, hospitals, and railway wagons. His mid-cap fund, delivering a 17.5% CAGR over two years, focuses on growth, value, and margin expansion stories. On interest rates, Khanna expects the RBI to hold steady in the upcoming policy. He remains optimistic on India’s healthcare infrastructure and sees continued strength in mid-cap earnings growth.
In this video, Kunal Rambhia, Founder of The Streets, discusses the ongoing rally in the buzzing defence and railway sectors, which have been capturing significant attention over the past month. Driven initially by geopolitical developments and a fresh wave of order replenishments, the defence index has risen steadily by 1.6%, with key stocks like GRSE hitting a new record high, alongside Cochin, Mazagon, HLBL, IdeaForge, and Zen Technologies gaining investor interest. Kunal shares his insights on whether it is the right time to book profits or continue holding these stocks. While those who bought at lower levels can consider riding the rally, new entries at these elevated valuations are viewed with caution. Using HAL as an example, which surged from around 3200 in March to nearly 5000 recently — a gain of 66% in a short span — he advises maintaining a trailing stop loss at 4800 to safeguard gains while targeting a potential rise to 5300. However, fresh investments in such high-priced counters are not recommended.
BTTV brings you a new market show - 'Daily Calls,' where you can gain invaluable insights and clarity on your market queries through our live sessions featuring expert analysts. Whether you're confused about where to invest, how to invest, or how to build and structure your portfolio.
Join Shailendra Bhatnagar on this action-packed Wednesday market commentary as he decodes the latest trends dominating Dalal Street. The Nifty holds strong at 24,600 after a crucial breakdown, with over 1,400 stocks in the green and bullish sentiment returning across the board. Mid-cap and small-cap indices are gaining momentum, while defense and railway PSUs are stealing the spotlight—Cochin Shipyard, Garden Reach, and Texmaco Rail are all on fire. Get insights into top gainers like Saregama, Swiggy, and Hercules Hoists, and understand why stocks like BEML, IREDA, and RVNL are surging. From pharma to plastic pipes, every sector seems to be catching a bid
In this discussion, Gaurang Shah, Senior Vice President at Geojit Investments, weighs in on Yes Bank’s recent board approval to raise approximately ₹7,500 crore via equity and ₹8,500 crore through debt instruments in the fiscal year 2026. Despite ongoing reports of state purchases buoying the stock, volatility remains a concern. Shah advises investors to remain cautious and wait for tangible numbers to confirm a genuine turnaround, emphasising that short-term shareholding changes, such as SBI’s stake movement, are unlikely to significantly impact quarterly results. While refraining from explicit buy or sell recommendations due to lack of coverage, Shah suggests that investors may find better prospects with banks like IDFC First Bank. He concludes with a striking analogy, cautioning that investing without solid fundamentals or clear financial visibility is akin to “living in Alice in Wonderland
Ola Electric finds itself in turbulent waters yet again as key promoters Hyundai Motor Co. and Kia Corp. have divested over 3% stake in the company via a bulk deal on the National Stock Exchange. Interestingly, Citigroup Global Markets Mauritius stepped in to acquire nearly 2% at ₹50.55 per share. Gaurang Shah, Senior Vice President at Geojit Financial Services, expresses deep concerns regarding the company's performance. He highlights the mounting losses—estimated at ₹1,500 crore during the IPO period—which have since escalated. Shah also points to growing consumer dissatisfaction, a spate of complaints with consumer courts, and regulatory run-ins over misleading statements. With intense competition from established players like Bajaj Auto, TVS Motors, and Hero MotoCorp, Ola Electric continues to struggle in the increasingly crowded EV market.
BTTV brings you a new market show - 'Daily Calls,' where you can gain invaluable insights and clarity on your market queries through our live sessions featuring expert analysts. Whether you're confused about where to invest, how to invest, or how to build and structure your portfolio.
Markets remained range-bound ahead of the weekly Sensex expiry, with Nifty facing resistance near 24,700. PSU banks, Realty and fertilizer stocks outperformed amid expectations from the upcoming RBI policy and a strong monsoon. Catch Shailendra Bhatnagar in coversation with Arun Kejriwal, Market expert decoding the market fall.
Market expert Arun Kejriwal shares his deep insights on Yes Bank's current positioning and future outlook, especially in light of MUFG (Mitsubishi UFJ Financial Group) entry as a potential suitor. With the stock trading at 21-23 rupees a share, around 95 percent below its all time high, is this the right time for long-term investors to enter or average down? Kejriwal discusses the significance of Japanese backing, high retail shareholding, and the possibility of Yes Bank turning a corner after years of turbulence. He also touches on macro factors like MSME demand and Indo-Japan business ties. Is a major breakout ahead in 2025? Listen in
Harendra Kumar, Managing Director – Institutional Equities at Elara Capital, offers a sharp perspective on how India's latest Free Trade Agreements (FTAs) are being used as strategic tools to reshape the country's manufacturing and export landscape. Far from being mere diplomatic formalities, these agreements are designed to leverage India's sectoral strengths and position the country as a serious player in global trade. As the world moves away from globalisation and supply chains become more regionalised, Kumar explains how India is aligning its FTAs with key domestic capabilities — from pharmaceuticals and defence to textiles, toys, and clean energy. Citing examples like low-cost generics for the US and reduced textile tariffs under the UK agreement, he highlights how these partnerships could unlock significant export opportunities. Combined with targeted government incentives, these FTAs are set to create a robust ecosystem that could make India a global manufacturing hub within the next three years. As the world moves away from globalisation and supply chains become more regionalised, Kumar explains how India is aligning its FTAs with key domestic capabilities — from pharmaceuticals and defence to textiles, toys, and clean energy. Citing examples like low-cost generics for the US and reduced textile tariffs under the UK agreement, he highlights how these partnerships could unlock significant export opportunities. Combined with targeted government incentives, these FTAs are set to create a robust ecosystem that could make India a global manufacturing hub within the next three years.
In this discussion, Harendra Kumar, MD - Institutional Equities at Elara Capital, breaks down the effects of Trump’s policies on global equities over the next three years. Discover why a weaker dollar could boost emerging markets, why India’s economy is becoming increasingly attractive, and how the world index may outperform the US market. Hear expert insights on navigating volatility, capital flows, and how strategic moves could lead to a significant market rally.
In this episode, Harendra Kumar, Managing Director of Institutional Equities at Elara Capital, unpacks the evolving narrative around India’s financial markets and where the real opportunities lie over the next 18 months. From shifting global investor sentiment to the impact of Free Trade Agreements with major economies like the UK, Australia, and the US, we explore how India is positioning itself as a rising force in global manufacturing, pharmaceuticals, defence, and fintech. The discussion dives deep into key sectors—including textiles, microfinance, PSU defence, and digital insurance—and evaluates the factors making them attractive to institutional and retail investors alike. We also touch on the limitations of the insurance sector, the tactical nature of IT, and the true beneficiaries of AI in the near term. Whether you're a seasoned market participant or just beginning your investment journey, this conversation offers valuable insight into how policy, macroeconomic trends, and corporate strategy are aligning to shape the next big wave in India’s economic story. Make sure to watch till the end to catch Elara Capital’s expert view on where smart money is flowing and what sectors might outperform in the coming quarters.
Ruchir Agrawal, Director (Finance), Mazagon Dock discusses the company's CAPEX plans for the next 2-3 years, estimating an investment of 6500 to 7000 crores. He mentions capacity expansion projects, including the extension of Nava Yard and development of South Yard land, aiming to increase capacity to 2 lakh TWT. Agrawal indicates that the company is comfortable with its current cash position and does not foresee the need for additional fundraising to meet these expansion plans.
Defence stocks have been on a tear after Indian military equipment performed excellently in the 4-day war with Pakistan, earlier last month. Catch BTTV Shailendra Bhatnagar in conversation with Mazagon Dock's Ruchir Agrawal , Director (Finance), to discuss the fresh order book flow, potential margin expansion and guidance for FY26 against the backdrop of Operation Sindoor. Tune in
Market expert Abhishek Basumallick shares his insights on the upcoming RBI monetary policy, which is widely expected to deliver a 25 basis points rate cut — the third consecutive reduction. With inflation trending lower and the monsoon arriving early, the Reserve Bank of India has room to ease interest rates further. He discusses how controlled food and fuel inflation and a favorable macroeconomic backdrop could pave the way for two to four more rate cuts over the next year.
BTTV brings you a new market show - 'Daily Calls,' where you can gain invaluable insights and clarity on your market queries through our live sessions featuring expert analysts. Whether you're confused about where to invest, how to invest, or how to build and structure your portfolio.
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