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Bank of America raised its FY27 earnings estimates for Nifty companies after strong June quarter results. The firm now prefers mid-sized private banks and NBFCs over large lenders. It also moved autos and cement to overweight. These changes show that growth trends remain firm despite many macro headwinds in India.
ETMarkets analysed mutual fund portfolios and found 37 stocks held by only one scheme as of July 2026. While performance varied, 10 stocks surged up to 125% over six months. However, four other stocks fell between 25% and 35% during the same period, showing a mixed trend for these unique picks.
Omnitech Engineering, SEDEMAC Mechatronics and Shadowfax Technologies have more than doubled from their IPO issue prices in 2026. These three stocks emerged as clear multibaggers for investors. Harshal Dasani said, "gains can sustain only if earnings now catch up with the price." Many other companies also showed positive market performance.
Torrent Gas aims to file updated draft papers for an initial public offering of up to 40 billion rupees as early as this week. The company supplies piped natural gas to many households and industries across India. This move follows the regulator’s approval of their confidential filing back in June.
Four IPOs are currently in the market, offering investors a mix of opportunities. Shankesh Jewellers and Sunshine Pictures opened for subscription on 18 August, while Horizon Industrial Parks and Lalithaa Jewellery Mart entered their second day. Sunshine Pictures and Lalithaa Jewellery Mart are attracting stronger demand from many eager investors.
Starting mutual fund investments requires understanding different fund types, such as equity and debt schemes. Investors should evaluate their financial goals, timelines, and risk appetite to identify suitable funds. SEBI categorises these into equity, debt, hybrid, and other schemes. Choosing the right one helps you reach your specific money goals.
India is considering cutting its sugar import duty to curb record local prices. Officials want to boost supply before the festival season demand spike. Concerns about El Niño and poor monsoon rains hit sugarcane harvests hard. Factories in Maharashtra and Uttar Pradesh also plan to start crushing sugar earlier than usual.
Multi Commodity Exchange of India Ltd. plans to invest 2 billion rupees to start coal and minerals trading platforms. Managing Director Praveena Rai said, "As an exchange really focused on commodity markets, we wish to play a strong role in developing these markets further." These exchanges should start by April 1.
Felix Industries shares gained more than 3% on Tuesday, 18 August, despite muted broader market conditions. The environmental engineering company reported strong financial results for the first quarter of FY27. Revenue rose to ₹28.97 crore, while profit increased 54.51% to ₹5.51 crore. The firm continues to expand its operations in India and Oman.
U.S. 30-year Treasury yields rose to their highest level since 2007 on Tuesday as oil prices climbed above $90 a barrel. Rising debt and inflation fears pushed markets down globally. Vasu Menon said, "Rising long U.S. bond yields is a risk that investors must bear in mind going forward."
India’s net foreign direct investment fell from nearly $44 billion in 2020-21 to under $1 billion in 2024-25. Experts said the country must reclassify these statistics to focus on capital that builds manufacturing capacity. Currently, India lumps temporary private equity funds with long-term investments that create jobs and boost exports.
Ed Yardeni expects gold to reach $5,000 by year-end and raised his S&P 500 target to 8,400. The President of Yardeni Research remains bullish on the US stock market, citing strong earnings estimates. He also noted that technology continues to benefit from artificial intelligence, while other sectors could gain from wider adoption.