Sector-wise News Update -26 August

Economy
• Sovereign rating: Fitch affirms India at ‘BBB-’ (Stable), expects FY26 growth ~6.5%; sees US tariff impact on GDP as modest overall.
• Activity pulse: Composite PMI flash surged to 65.2 in August—highest since series began (Dec 2005)—signalling strong demand but also sharper price pressures.…[Read more]

Knowledge Compounding: Success lessons from the founders of Google

Everyone knows the success story of Google. Its co-founders Larry Page and Sergey Brin are considered to be the best minds with outstanding business capabilities who built the world’s most valuable company. The mantra of their success and lessons they offer are equally useful. H…[Read more]

Fund Houses – Latest Recommendations

Bajaj Finance (Jefferies): Maintain Buy, Target Price ₹1,100/share — Positive

TRENT (HSBC): Maintain Buy, Target Price ₹6,500/share — Positive

Cohance (Jefferies): Initiate Buy, Target Price ₹1,150/share — Positive

Divi’s Laboratories (Jefferies): Upgrade to Buy, Target Price ₹7,150/share — Positive

Sai L…[Read more]

Sector-wise News Update -25 August

Corporate & Economy

• India’s GDP growth remains strong: The economy clocked a robust 7.4% GDP growth in the last quarter of FY 2024–25 and an annual growth rate of 6.5%, driven by resilient private consumption and investment.

• Investor base continues expanding: The NSE’s registered investor base crossed 1…[Read more]