Helios Mutual Fund is adjusting its portfolio. The focus is shifting towards electric vehicle two-wheeler companies. A new addition in this space is expected soon. The fund remains cautious on passenger vehicles and negative on the IT sector due to US uncertainty and AI impact. FMCG is avoided due to growth concerns.
Pankaj Pandey suggests a promising second half for Indian markets, anticipating Nifty levels around 27,000. Cement and auto sectors are poised for growth, fueled by GST benefits. While cautious on insurance due to margin pressures, AMCs like HDFC AMC and Nippon appear attractive. Real estate sees potential in tier-II players and home-building products, favoring DLF and Max Estates.
Novo Nordisk faces potential layoffs after a period of rapid expansion fueled by the success of Wegovy. The company's workforce nearly doubled in five years, but slowing sales and increased competition are now putting pressure on costs. A hiring freeze is in place, and analysts anticipate cuts, particularly in sales, as Novo seeks to regain market share and improve profitability.
Hero MotoCorp shares have surged 15% in two weeks, fueled by optimism surrounding potential GST rate reductions and a strong technical breakout. Analysts predict further upside, with targets ranging from Rs 5,600 to Rs 6,000, citing bullish technical indicators and sustained trading above key moving averages. While overbought conditions may lead to a near-term correction, the overall outlook remains positive.
Taiwan's defence spending will now exceed 3% of its GDP. This move aims to counter China's growing military pressure. The increased budget will fund new equipment and naval defenses. It also includes coast guard spending for the first time. This decision reflects Taiwan's commitment to national security.
Devang Shah of Axis Mutual Fund suggests short-duration strategies for better yields. A recent rating upgrade offers a slight boost, but won't drastically change corporate bonds. Foreign capital flow impact will be moderate. RBI is likely to maintain a neutral policy. Investors should monitor currency dynamics and trade relationships.
State Bank of India's decision to increase home loan rates could affect the housing market. Amit Mamgain of Yugen Infra suggests first-time buyers may delay purchases. Demand might shift towards more affordable options. Developers may need to adjust their strategies. They may focus on smaller homes and creative payment plans. Partnerships with banks could help maintain demand.
