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shifts in investment focus as consumption stocks gain traction in india
CLSA has revised its 2025 India stock portfolio, adding Tata Motors, NTPC, Nestle, and Britannia while removing HDFC Bank. This shift reflects a response to a challenging global macro environment and a slowdown in India's economic growth, with a focus on consumer staples amid high valuations and declining capital expenditure. Analysts anticipate muted returns for the Nifty in 2025, driven by conflicting macroeconomic factors and a potential shift towards affordable consumption due to increased government spending and promising rural income growth.
quarterly earnings reports reveal mixed results across various sectors
The Q2 earnings season for FY25 is underway, with major companies like Apollo Hospitals, Kansai Nerolac Paints, and Trident set to release their results. While many firms have reported, the overall corporate earnings scorecard has been weak, with only 62% meeting or exceeding profit expectations, particularly in the consumption sector. Notably, GAIL's earnings missed expectations due to lower gas trading margins, while Power Grid's profit remained flat year-on-year.
stocks to watch today titan ntpc infosys and quarterly earnings announcements
Stocks to watch include Titan, NTPC, Infosys, Dr Reddy’s Labs, GAIL, Mankind Pharma, and JK Tyre. On November 6, several companies will report quarterly earnings, including Tata Steel, Power Grid Corporation, Apollo Hospitals, and Jindal Steel & Power, among others.
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