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Gurmeet Chadha sees panic in small and midcaps due to tariffs and valuation concerns but believes many market pockets have reasonable valuations. He recommends focusing on financials, select non-ferrous metals, cement, consumption, and travel sectors for opportunities amid recent market corrections.

Sunil Subramaniam discusses the importance of adapting SIPs to current investor behavior, emphasizing long-term commitments and the benefits of market corrections for recent investments. He advises diversifying fund manager styles and considering smallcap funds with different risk management approaches to navigate market volatility.

​​Foreign exchange reserves peaked in September 2024 and the RBI is estimated to have sold $111.2 billion, or around 18% of foreign exchange reserves since then, according to Nomura. The RBI is also believed to have significantly intervened on February 10 and 11 to reverse one-sided depreciation in the currency, and is estimated to have sold over $10 billion, according to DBS Bank.

The October-December quarter results showcased a mixed performance across sectors. Consumer-centric markets witnessed rural demand recovery, while urban demand remained muted. Banks faced NIM pressure but reported strong profit growth. IT, pharma, and telecom sectors displayed growth, although with certain challenges impacting margins and volume growth.

Australian shares opened fractionally higher Thursday. Equity index futures for Japan and Hong Kong also climbed while a gauge of US-listed Chinese companies advanced 2.7% Wednesday. US equity futures edged higher after the S&P 500 fell 0.3% Wednesday and the Nasdaq 100 rose 0.1%.

Mamaearth operator Honasa Consumer reported its December quarter consolidated net profit at Rs 26 crore which was flat over Rs 25.9 crore reported in the year ago period.

Welcoming the move to lift restrictions, the bank spokesperson said that the Kotak will work with the RBI to shortly resume digital onboarding of new customers and issuing fresh credit cards. Kotak Mahindra Bank s managing director, Ashok Vaswani had indicated to media soon after declaring December quarter results that the RBI s restrictions had cost the bank around ?450 crore annually.

Warburg held 32.83% in Fusion through its affiliate Honey Rose Investment as of December-end last year. Chicago-based Creation Investments, also listed as a promoter of Fusion, held 19.78%. Fusion founder and managing director Devesh Sachdev and his family held 5.1%.

The secured debt facility, with a three-year tenor maturing in January 2028, will be raised at Bamboo Hotel and Global Centre (Delhi). (BHGCPL) a joint venture between Prestige Group and DB Realty, which is developing a large scale mixed-use project in New Delhi s Aerocity.