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Morgan Stanley reviews Indian June earnings performance

Mon, 10 Aug 2026 04:57:19 -0400

Investing.com -- Morgan Stanley reported that Indian companies showed strong earnings results for June 2026, with most firms beating analyst expectations across multiple sectors.

The firm's coverage of 39 Nifty stocks showed revenue growth of 19%, which was 3 percentage points above estimates. Net profit growth reached 16%, exceeding analyst estimates by 11 percentage points.

For Morgan Stanley's ex-oil public sector undertaking coverage, revenue, EBITDA, and profit after tax grew by 19%, 16%, and 22% year-over-year, respectively. All three metrics surpassed analyst estimates, with aggregate EBITDA margin reaching 20%.

Two-thirds of Morgan Stanley's coverage universe that reported results beat analyst estimates, with relative

BofA expects India's July CPI inflation to hold at 4.4%

Fri, 07 Aug 2026 06:42:13 -0400

Investing.com -- Bank of America expects India's headline inflation to remain flat at around 4.4% year-over-year in July, matching June's rate, according to a report released this week. The month-over-month increase is projected at 0.8%.

The bank said inflation will continue to stay above the 4% target, primarily due to normalizing food prices at 5.2% year-over-year in July and lagged effects from higher fuel prices. The refrigerated food price index for July is expected to rise to 7.5% year-over-year.

Core inflation is likely to stay in check as lower gold prices offset probable increases in restaurants and education services, the bank said.

The

RBI keeps rates unchanged, signals dovish stance on policy

Wed, 05 Aug 2026 05:18:07 -0400

Investing.com -- The Reserve Bank of India kept interest rates unchanged at its policy meeting and maintained a neutral stance, according to a Macquarie analysis released Wednesday.

The central bank revised its GDP growth forecast for fiscal year 2027 upward by 10 basis points to 6.7%. The RBI also lowered its consumer price index projection by 10 basis points to 5.0% compared to its June 2026 policy.

Macquarie described the policy as dovish and said any decision to raise rates will be significantly influenced by external circumstances. The firm does not expect a rate hike in calendar year 2026.

The RBI's stated target

Morgan Stanley sees India's market performance turning positive

Tue, 04 Aug 2026 07:30:39 -0400

Investing.com -- Morgan Stanley said India has the elements needed to maintain its recent market outperformance, with growth improving and valuations remaining reasonable, though continued strength may depend on global market conditions.

The investment bank identified the market's assessment of the growth gap between India and the rest of the world as the main catalyst. This view could shift if global sentiment becomes cautious on artificial intelligence capital expenditures or if India's growth accelerates. The current quarterly earnings season supports the latter scenario, while volatility in the global AI trade suggests the former.

Morgan Stanley expects high frequency indicators to continue showing

Bank of America sees improving India growth indicators in July

Mon, 03 Aug 2026 05:57:54 -0400

Investing.com -- Bank of America reported that India's high frequency growth indicators showed strong momentum in June and July, despite ongoing global uncertainty.

Industrial production rose to 7.3% in June, marking a 23-month high, according to the bank's latest growth meter report. The first quarter of fiscal year 2027 averaged 5.7% growth compared to 3.9% in the fourth quarter of fiscal year 2026.

Manufacturing growth reached 7.8% year-over-year in June, while electricity generation climbed 10.6%. Auto sales for both two-wheelers and four-wheelers maintained solid performance during the period.

Foreign reserves increased to $682 billion in the third week of July, up $13 billion

India's goods trade deficit widens to $30.4bn in June

Tue, 14 Jul 2026 06:49:16 -0400

Investing.com -- India's goods trade deficit expanded to $30.4 billion in June from $28.2 billion in May, driven by a larger non-oil trade deficit, according to Goldman Sachs.

Merchandise exports rose 15.5% year-over-year in June, down from 18.0% growth in May. Merchandise imports climbed 31.0% year-over-year, accelerating from 20.6% growth the previous month.

Overall goods exports fell approximately 2% on a sequential month-over-month seasonally adjusted basis. The decline was led by petroleum products and engineering goods. Engineering goods exports dropped 2.8% month-over-month but remained 21% higher year-over-year.

Exports to the United Arab Emirates and Saudi Arabia declined, likely reflecting continued disruptions to shipping

BofA cuts India GDP forecast on West Asia conflict impact to 6.5% from 7%

Fri, 05 Jun 2026 08:40:16 -0400

Investing.com - Bank of America lowered its India GDP growth forecast for fiscal year 2027 to 6.5% from 7.0% as the West Asia conflict enters its fourth month, the firm said in a research note released today.

India's Q1 2026 GDP grew 7.8% year-over-year, slightly below the previous quarter's 8.0% but above Bank of America's 7.4% estimate. The full fiscal year 2026 GDP growth reached 7.7%, while nominal GDP growth remained subdued at 8.9% with a deflator of 1.2% compared to 9.7% in fiscal 2025. Q3 fiscal 2026 GDP was revised higher to 8.0% from 7.8%.

Manufacturing growth slowed to 7.3% in

India Set For $2 billion Drone Order In Biggest Buy, Industry Body Says - Reuters

Wed, 03 Jun 2026 05:41:44 -0400

India Set For $2 billion Drone Order In Biggest Buy, Industry Body Says - Reuters

Morgan Stanley sees Indian equities poised for strong year ahead

Mon, 01 Jun 2026 12:06:49 -0400

Investing.com -- Morgan Stanley believes Indian equities have reached a bottom and are positioned for significant gains in the year ahead, citing an expected acceleration in earnings growth alongside improving valuations and sentiment.

The investment bank said Indian earnings appear to be entering a new upcycle. The firm noted that near-term risks include potential prolonged conflict in the Middle East and severe drought conditions during the upcoming summer sowing season.

Morgan Stanley expects the earnings growth acceleration to continue for several quarters beyond these immediate challenges. The firm anticipates investment as a percentage of GDP will rise to 37.5% over the next

Morgan Stanley sees Indian equities poised for strong year ahead

Mon, 01 Jun 2026 12:06:49 -0400

Morgan Stanley sees Indian equities poised for strong year ahead

Mon, 01 Jun 2026 12:06:49 -0400

Goldman Sachs says economic convergence remains strong when weighted by population