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investment trends among high net worth individuals in india

High Net Worth Individuals (HNIs) and Ultra High Net Worth Individuals (UHNWIs) in India are diversifying their investments across various asset classes, focusing on equities, real estate, and alternative investments. Key sectors attracting attention include technology, pharmaceuticals, consumer goods, green energy, and financials, driven by urbanization and demand for quality properties. These investors are increasingly sophisticated, seeking high-return and impact-driven opportunities through personalized wealth management solutions.

corporate earnings and market trends to watch in the coming week

The Nifty 50 index has declined approximately 7 percent over the past month, driven by foreign portfolio investor selling and lackluster corporate earnings in India. In the upcoming week, shortened by the Diwali festival, key companies such as Bharti Airtel, Maruti Suzuki, and Sun Pharma will report their earnings for the September 2024 quarter.

pharma sector faces growth slowdown while domestic market thrives

Pharma giants are experiencing a slowdown in earnings growth, primarily due to their reliance on the US generics market and a lack of major drug launches. Companies like Cipla, Dr Reddy's, and Aurobindo Pharma face challenges from rising competition and impending patent expirations, while midcap firms focused on the domestic market continue to thrive without the same pressures.
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