Major deals occurred in the stock market. Big investors like SBI MF and Morgan Stanley bought a stake in Bajaj Finserv from its promoters. The deal was worth Rupees 5,506 crore. Similarly, Wabco Asia sold part of its stake in ZF Commercial Vehicle for Rupees 792 crore.

The India Wealth Survey 2025, conducted by Marcellus Investment Managers and Dun & Bradstreet, reveals that while India s high-net-worth individuals (HNIs) are becoming more aspirational, many remain financially unprepared. Despite rising incomes and a prolonged bull market, nearly 43% of HNIs save less than 20% of their post-tax earnings.

Hemang Jani sees strong growth in NSE, MCX, and select fintechs like Swiggy and Eternal. He favors large alcohol brands, Bosch in MNCs, wealth managers, and top auto players like M&M, TVS.

Reliance Industries shares rose nearly 2% after Jefferies and JP Morgan highlighted potential upside driven by strong consumer business growth. JP Morgan expects earnings to improve over the next two years, with reduced drag from the O2C segment and positive free cash flow despite ongoing capex. Retail and telecom are seen driving nearly all net EBITDA growth through FY28.

BEL, APL Apollo Tubes, and three other Nifty200 stocks hit 52-week highs on Thursday amid a broader market rally led by pharma stocks.

Sustainability is no longer just a corporate or policy trend in India. From choosing electric vehicles and reusable products to supporting responsible brands, individuals today, especially the younger generation, are aligning daily decisions with environmental impact.

HSBC s Pranjul Bhandari anticipates a 25 basis points rate cut from the MPC, with no change in policy stance. Focus will be on future easing and inflation forecast revisions, hinting at two more rate cuts. While growth projections remain steady, a shift towards informal sector consumption is expected, potentially offsetting weaker investment.

Mahesh Patil of ABSL AMC suggests banks could benefit from mid-teens credit growth, while tier II NBFCs offer turnaround potential. IT sector growth is expected to be moderate with limited downside, its performance depending on domestic sectors like banking and consumer. Currently, a neutral stance is maintained on the IT sector.

Despite a $15 billion FPI sell-off in Q4FY25, several Indian companies maintained strong foreign investor interest. ICICI Bank, HDFC Bank, and CAMS topped the list with FPI holdings above 55%, signaling continued confidence in select Indian equities.