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Sanjiv Mehta discusses India s growth potential through market expansion and consumption. He highlights the importance of macroeconomic stability, government initiatives, and premiumisation. Despite challenges, there s ample room for growth across various categories. Tax cuts could boost consumer confidence and spending, making India a promising market for big and small players alike.

Profit growth was fueled by strong demand for its aircraft from the country s defence ministry. The board has announced a first interim dividend of Rs 25 per fully paid-up Rs 5 share, with February 18 as the record date. Eligible shareholders will receive the dividend on March 14.

SAIL Q3 Results: SAIL s Q3 profit dropped 62% YoY to ₹126 crore due to lower steel prices, despite higher sales boosting revenue. EBITDA improved amid cheap imports and market challenges. The company expects infrastructure growth to support domestic steel demand.

The Nifty Smallcap 250 index has plunged 21% from its September 2024 peak of 18,688.30, entering bear territory. A security is considered in a bear zone after a 20% drop from its 52-week high. At an event last weekend, ICICI Prudential MF CIO S Naren stirred markets by cautioning against SIPs in small and midcap funds due to high valuations.

Small and midcap stocks have fallen over 21%, raising investor concerns. Experts advise categorizing holdings into fundamentally strong or speculative stocks. Despite corrections, valuations remain high. A market bottom needs sentiment stability, reduced leverage selling, and earnings growth. Investors should stay cautious and selective rather than reacting impulsively.

Bitcoin and major altcoins declined up to 8% after Fed Chair Powell s comments on stablecoin regulation. Bitcoin fell 2.5% to $95,892, while Ethereum dropped 4.14%. Market sentiment remains cautious ahead of CPI data. Experts highlight key resistance at $98,200 for Bitcoin’s next move. Stablecoins dominated trading volume at $94.9 billion.

India’s leading winemaker, Sula Vineyards, is expected to face $3 million in passive outflows, according to Nuvama.

​​The Q3FY25 revenue from operations stood at Rs 11,995 crore, an increase of over 8% from Rs 11,066 crore reported in the corresponding quarter of the previous financial year.

Japan s Nikkei share average closed higher on Wednesday, led by technology stocks, but the gains were capped due to persistent worries about the U.S. tariff policy.

Markets remain unconvinced by recent RBI and Budget measures as growth projections appear unrealistic. Weak corporate earnings, inflation risks, INR depreciation, and overvaluation concerns add to investor skepticism. Rate cuts may be premature, and structural issues require deeper policy action. Without stronger reforms, growth disappointments and capital outflows could continue, impacting equities.

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