ISHRS MSCI India S-Cap

OPTIMI HEALTH CORP

HCW Biologics

Silexion Therapeutics

Vida Global

GCL Global

BiomX

MetaVia

Micware

MicroAlgo

NDIA

SMIN

IMVP

State Bank of India (SBI) reported a Q4 gross NPA of 1.49%, down from 1.57% in Q3, with a net NPA of 0.39%. Provisions decreased, and the capital adequacy ratio is above 15%. SBI can support approximately ₹12 trillion in credit growth without new equity. However, treasury income fell significantly to ₹12.59 billion from ₹89.91 billion year-on-year, impacting overall income. SBI plans to enhance corporate lending in infrastructure, renewable energy, and thermal power, and will partially sell its NSE stake through an upcoming IPO.

TradingView

Global X India Active ETF

Ps India Port

Invesco India ETF

Key facts: SBI: GNPA 1.49% net 0.39%; treasury ₹12.59bn; corporate push

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USDU

INDY

INDA

The Indian rupee gained this week, closing at 94.40 against the dollar, amid optimism for a U.S.-Iran peace deal, despite ongoing hostilities. Volatility increased as investors remained cautious about the conflict's impact on oil importers like India. The rupee initially fell to 94.70 before recovering, while the dollar-rupee's 1-month implied volatility rose to 5.7%. Analysts warn that if optimism fades, the dollar could strengthen. Brent crude prices dropped nearly 7% to $100.7, and investors are awaiting key U.S. labor market data and India's consumer inflation report next week.

Nomura Holdings, Inc.

Xtrackers Nifty 500 India ETF

Wtree Bbg Usd Bull

iShares India 50

ISHRS MSCI India

Nippon Life Insurance Co.

Rupee gains on week, US-Iran jitters spark choppy trading

Indian investors are increasingly diversifying their portfolios by investing abroad, driven by poor domestic returns and a weakening rupee. In the past 11 months, investments in overseas equities and debt surged by 60% to over $2.2 billion. The MSCI India Index has underperformed compared to global markets, prompting investors to seek opportunities in sectors like technology and artificial intelligence. Platforms facilitating foreign investments are gaining traction, with local asset managers launching outbound funds. Despite the shift, most investments remain in local markets, but overseas funds have shown strong returns, indicating a growing trend towards global investing.

Businesstimes News

HSBC HOLDINGS

HSBC

Axis Capital

Interactive Brokers

State Street

HSBC 5xShortSG241213

HSBC Holdings Plc

State Street® US Equity Premium Inc ETF

No AI, poor returns drive Indian investors to foreign markets

India’s National Stock Exchange (NSE) reported an 8% increase in consolidated profit for the fourth quarter, driven by strong growth in equity derivatives trading. The exchange's profit after tax reached 28.71 billion rupees ($301.62 million) for the quarter ending March 31, up from 26.50 billion a year earlier. Total income rose approximately 22% year-on-year to 53.6 billion rupees.

Yahoo Finance

Thomson Reuters

India's NSE posts 8% rise in fourth-quarter profit on derivative volumes

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Emerging market stocks and currencies fell as oil prices remained above $100 due to geopolitical tensions and shipping restrictions. The MSCI index for emerging market equities dropped 0.4%, while currencies fell 0.2%. Central banks in Indonesia and India intervened to stabilize their currencies amid rising energy costs. Demand for financial support increased, with several countries seeking currency swap lines. Despite the overall market weakness, AI-linked technology stocks performed well, and JP Morgan announced additions to its local currency emerging market debt index.

Invezz

HSPC

BP p.l.c.

JPMorgan Chase

ISHRS MSCI Indonesia

iShares MSCI Em

SPDR Energy Select

Avantis Emerging Markets Equity ETF

iShares MSCI EM Islamic UCITS ETF

SPDR O&G Ex & Prd

iShares Core MSCI EM IMI UCITS ETF

iShares Edge MSCI EM Value Factor UCITS ETF

SPDR Em Mkt

iShares MSCI EM Ex-China

United States Oil Fund LP

VG Energy

Wisdomtree EM High Dividend Fund

iShares MSCI EM UCITS ETF USD (Acc)

Avantis Emerging Markets Value ETF

Schw Em Mkt

VanEck Oil Services ETF

iShares US Oil & Gas Expl & Prod

iShares Emerging Markets Equity Factor ETF

ISHRS S&P Glb Engy

SPDR O&G Equip

SPDR S&P Em Mkt Dvd

VanEck Oil Refiners ETF

iShares MSCI EM UCITS ETF USD (Dist)

Pro Ultr Bloomberg Crude Oil

iShares Core MSCI EM

Samsung Electronics 

Samsung Electronics Co., Ltd. Sponsored GDR

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

Emerging markets fall as oil stays above $100, tensions persist

FLIN

India is projected to be the fastest-growing major steel market, with demand expected to rise by 7.4% in 2026 and 9.2% in 2027, according to the World Steel Association. In contrast, global steel demand is anticipated to grow only 0.3% in 2026 due to geopolitical tensions, particularly in West Asia, which may lead to downward revisions in the outlook. While China faces a contraction of 1.5%, developed economies are expected to recover gradually, with positive growth in 2027.

Business Standard

SPDR S&P Mtls & Mng

VanEck Steel ETF

Franklin FTSE India

India leads steel demand growth as global outlook weakens: Report

Inflows into Indian equity mutual funds surged 56% month-on-month to an eight-month high of 404.5 billion rupees ($4.36 billion) in March, driven by retail investors capitalizing on market dips amid uncertainties from the Iran war. Systematic Investment Plans (SIPs) saw record contributions, with accounts rising to 97.2 million. Despite foreign portfolio investors selling $12.7 billion in equities, domestic inflows provided stability. Mid and small-cap funds attracted strong interest, while debt funds faced significant outflows. The market showed signs of recovery towards the end of March, supported by easing geopolitical tensions.

Wtree India Earnings

India equity MF inflows hit 8-month high as investors buy Iran war dip

CI2U

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NFTY

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The World Bank has projected that India's current account deficit will increase to 1.8% of its GDP by the fiscal year 2027. According to Jin10, this anticipated rise is attributed to the growing energy import bills that India is expected to face. The World Bank's forecast highlights the potential economic challenges India may encounter due to its reliance on energy imports, which could impact its overall economic stability in the coming years.

CoinLive

Amundi Index Solutions SICAV - Amundi MSCI India

GX INDIA TOP 10

First Trust India Nifty 50 Equal Weight

CAM MSCIINDIA

World Bank Projects India's Current Account Deficit to Rise by 2027

Millions of Indians voted in local elections across Assam and Kerala, marking the start of four key contests this month. Despite ongoing fuel shortages due to a Middle Eastern conflict, Prime Minister Modi has maintained stable domestic prices. Polls suggest a likely win for Modi's BJP in Assam, while Kerala is expected to remain with the opposition. Upcoming votes in West Bengal and Tamil Nadu are anticipated to be competitive. Results will be announced on May 4, with voters generally approving the government's energy management amid global disruptions.

Millions vote as India begins series of state elections

INDF

The Reserve Bank of India has maintained the repo rate at 5.25% and a 'Neutral' stance for FY 2026-27 amid geopolitical tensions affecting growth. The RBI projects GDP growth at 6.9% and CPI inflation at 4.6%. Investors are advised to consider fixed income investments due to rising yields and focus on quality sectors like Financials and Infrastructure. Despite short-term challenges, the long-term outlook for Indian equities remains positive, supported by strong fundamentals and government spending.

- The Reserve Bank of India has maintained the repo rate at 5.25% and a 'Neutral' stance for FY 2026-27 amidst geopolitical tensions affecting economic stability.  
- Projected real GDP growth has been adjusted down to 6.9%, influenced by potential supply shocks from the West Asia conflict, while CPI inflation is expected at 4.6%.  
- Despite short-term market challenges, opportunities remain in quality investments, particularly in the financial, consumption, manufacturing, and infrastructure sectors, supported by healthy corporate fundamentals and government spending.

Nifty India Financials ETF

RBI policy shows it may be time to give fixed income investment a chance

ISHRS MSCI India S-Cap(SMIN.US)