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India Today
7 hours ago
- Business
- India Today
RBI policy meet begins today: These stocks could rally if rate cut happens
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) began its three-day meeting today. Many experts believe that this meeting could result in a cut in the repo rate, which currently stands at 6%. This would be the third rate cut in a row if it market is expecting a cut of 25 to 50 basis points (bps), mainly because inflation has been coming down and there are growing worries about slower economic growth. A lower repo rate would reduce the cost of borrowing for banks, businesses, and THE MARKET EXPECTSAnil Rego, Founder and Fund Manager at Right Horizons PMS, said a 25 bps cut in the repo rate to 5.75% looks likely. He said that with inflation now under control and signs of weak economic growth, the RBI may choose to support the economy with another rate pointed out that headline CPI inflation has fallen below the RBI's 4% target, which gives the central bank more room to cut rates. 'Growth is showing softness, and global trade is expected to slow further in 2025,' he also explained that banks have already started reducing interest rates. 'Savings account interest rates have dropped to 2.70%, and fixed deposit rates have come down by 30–70 basis points since February 2025,' said to him, there are fewer worries now about liquidity and financial stability. 'Inflation is likely to stay within the RBI's target, which makes it easier for the central bank to go ahead with a rate cut,' he SECTORS COULD GAINLower interest rates often help sectors that depend on borrowing and loans. Rego said, 'Rate-sensitive sectors like banking, real estate, and automobiles may benefit. Banks may see stronger credit demand, real estate may become more affordable, and car sales may go up due to cheaper EMIs.'He added that sectors linked to domestic spending and lending could be the first ones to benefit. A rate cut would also show that the central bank wants to support growth, which may lift market ON MANUFACTURING AND CAPITAL SPENDINGDivam Sharma, Founder and Fund Manager at Green Portfolio PMS, shared a similar view. He said that a rate cut would reduce borrowing costs and help companies that plan to spend big on expansion.'We are more inclined towards sectors like 5G, defence, and auto parts. These areas need heavy capital spending. If rates go down, it becomes easier for companies to take loans and move ahead with their growth plans,' Sharma TO WATCHVLA Ambala, SEBI Registered Research Analyst and Co-Founder of Stock Market Today, listed a few stocks that could benefit if the RBI decides to lower rates.'If this meeting favours a rate cut, rate-sensitive stocks like those in banking, NBFC, infrastructure, and real estate could see a rally,' she said."My analysis suggests that stocks like SBI, Bank of India, Muthoot Finance, Godrej Properties, Exide Industries, Ideaforge Technology, Gandhi Special Tubes, and Rama Steel Tubes could benefit from the anticipated rate cut," said Ambala. advertisement(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)Must Watch
Economic Times
27-05-2025
- Business
- Economic Times
ETMarkets Smart Talk: Diversify across equities, debt, and alternatives to preserve wealth, Anil Rego advises HNWIs
Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads In a market environment marked by volatility, inflationary pressures, and global uncertainties, wealth preservation has become as critical as wealth an exclusive conversation, Anil Rego , Managing Director & Chief Investment Officer at Right Horizons PMS , emphasizes the importance of a diversified investment approach for high-net-worth individuals (HNWIs).Rego advises allocating across equities, fixed income, and alternative assets to manage risks, capture growth opportunities, and build resilient portfolios that can withstand both market turbulence and macroeconomic how he suggests HNWIs navigate the complexities of today's financial landscape. Edited Excerpts –A) The Indian markets have indeed started May on a volatile footing, reflecting a mix of global uncertainty, India–Pakistan military conflict, and valuation concerns. The wild swings in benchmark indices signal heightened nervousness among institutional investors have been somewhat erratic, reacting to global risk sentiment and yield differentials, especially with the India–US bond yield gap this phase appears to be more of a healthy correction or time-based consolidation rather than a structural should use the volatility as an opportunity to accumulate high-quality stocks with earnings visibility, but with a strict eye on valuation and corporate governance.A) The March 2025 quarter (Q4FY25) results paint a mixed picture, with earnings downgrades clearly outnumbering upgrades, especially in the broader market beyond large headline numbers suggest a decent season over half the companies in the Nifty 50 beat expectations this performance was largely margin-driven rather than led by robust revenue of these earnings beats were the result of lower input costs, particularly in sectors like metals and select industrials, rather than a genuine pick-up in such as financials and capital goods continued to show resilience, whereas autos, and chemicals reported muted results due to weak demand and margin compression. IndusInd bank results, and more skeletons could come out of the closet in near future. What should investors do who are invested in these type of companies with corporate governance issues?A) IndusInd Bank's Q4FY25 results exposed multiple layers of accounting discrepancies, misclassifications in its microfinance book, and possible governance lapses.A ₹2,329 crore quarterly loss and slippages of ₹4,487 crore suggest that issues were not just isolated errors but systemic in a company is undergoing a credibility crisis, averaging down can be declines are not just about sentiment but reflect real risk of further value erosion due to poor internal controls, penalties, or management shake-ups.A) The long-term outlook for Indian equities remains fundamentally strong and optimistic, supported by a confluence of structural growth drivers and improving corporate the past decade, Indian markets have demonstrated a consistent upward trajectory, with the Nifty 50 delivering a CAGR of around 11–12%, closely tracking the growth in corporate price trend underscores a long-term correlation between equity market performance and earnings ahead, India's economic expansion is projected to remain among the fastest globally, backed by strong domestic demand, a stable political environment, increasing formalization, and rapid macro tailwinds are expected to translate into healthy corporate earnings, with consensus estimates projecting a compound annual growth rate of around 12% in Nifty EPS through sectors such as financials, manufacturing, capital goods, and consumer discretionary are poised to benefit from both cyclical recovery and structural reforms.A) Looking ahead, certain sectors are well-positioned to deliver strong returns, particularly those tied to evolving consumer behavior, rising wealth, and infrastructure development. The consumer discretionary sector stands out as a key growth rising incomes, urbanization, and changing lifestyles, consumers are increasingly spending on non-essential goods and services ranging from retail and entertainment to luxury products and technology-driven sector benefits not only from growing domestic demand but also from digital adoption and e-commerce expansion, which continue to reshape how consumers shop and engage with that innovate and adapt to these trends, especially those with strong brand recognition and digital presence, are likely to wealth management sector is another promising space, driven by the growing number of high-net-worth individuals, expanding middle class, and increasing financial more people seek professional advice to grow and preserve their wealth amid complex markets, demand for asset management, financial advisory, and private banking services is set to management firms that leverage technology to offer personalized, scalable solutions and integrate sustainable investing options can capture significant market share. Given the increasing importance of retirement planning and alternative investments, this sector combines growth potential with relative resilience even in uncertain sectors in economies where governments prioritize capital expenditure to fuel growth usually present good investments in transport, energy, urban development, and digital infrastructure are expected to support long-term sector benefits from stable cash flows driven by government projects, public-private partnerships, and rising demand for modern facilities and infrastructure investments often act as a hedge against inflation, given their tangible asset base and pricing power in many cases.A) HNWIs looking to build wealth effectively in the current market environment need to adopt a diversified and dynamic approach that balances growth, risk management, and capital remains a fundamental principle, spreading investments across a variety of asset classes such as equities, fixed income, alternatives, and should focus on high-quality companies with strong fundamentals, in sectors with tailwinds, which are poised for long-term international diversification can help mitigate country-specific risks and tap into growth opportunities beyond the home income investments are crucial for providing income and reducing overall portfolio volatility. Given the current interest rate environment, HNWIs should consider a blend of government bonds, high-grade corporate bonds, and alternative credit instruments, while being mindful of duration investments such as private equity, real estate, and infrastructure can provide uncorrelated returns and serve as effective lower volatile and precious metals like gold also play an important role in protecting portfolios from inflation and market the context of the current market environment, which features evolving interest rates, inflationary pressures, and geopolitical uncertainties, HNWIs should be especially attentive to inflation-hedging strategies and focus on sectors and regions with strong growth instance, capitalizing on India's robust economic expansion and global innovation trends can offer meaningful maintaining disciplined diversification, managing liquidity thoughtfully, and adapting to macroeconomic shifts, HNWIs can effectively grow and preserve their wealth through both volatile and stable market phases.A) Gold recently crossing ₹1 lakh per 10 grams in the Indian physical market marks a key psychological and technical rally has been driven by a confluence of global macro factors, including geopolitical tensions, expectations of softening real yields, and central bank concerns over US-China trade dynamics and a broader move towards de-dollarization have further supported its long-term investment case. In India, the rally has been amplified by a weakening rupee and import duties, pushing domestic prices even a strategic standpoint, gold remains a strong portfolio diversifier and a hedge against macroeconomic rising fiscal deficits globally, high public debt levels, and ongoing geopolitical friction, the long-term case for gold remains should maintain a core allocation of around 5-10% to gold as part of a diversified portfolio. It continues to serve as an effective insurance asset during times of volatility and currency tactically, gold appears overbought in the short term. The rapid surge in prices has outpaced fundamentals in some respects, with recent ETF outflows suggesting some investors are taking profits as equity markets indicators also point to near-term exhaustion, meaning there could be a modest correction or consolidation phase investors looking to increase their allocation, it may be wise to wait for a potential pullback—ideally a 5–7% decline from current levels—before adding a staggered or systematic approach (like SIPs in gold ETFs or sovereign gold bonds) could help average out purchase costs and reduce timing conclusion, while the long-term case for gold remains strong, patience and disciplined entry strategies are advisable at this stage.(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Time of India
27-05-2025
- Business
- Time of India
ETMarkets Smart Talk: Diversify across equities, debt, and alternatives to preserve wealth, Anil Rego advises HNWIs
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel In a market environment marked by volatility, inflationary pressures, and global uncertainties, wealth preservation has become as critical as wealth an exclusive conversation, Anil Rego , Managing Director & Chief Investment Officer at Right Horizons PMS , emphasizes the importance of a diversified investment approach for high-net-worth individuals (HNWIs).Rego advises allocating across equities, fixed income, and alternative assets to manage risks, capture growth opportunities, and build resilient portfolios that can withstand both market turbulence and macroeconomic how he suggests HNWIs navigate the complexities of today's financial landscape. Edited Excerpts –A) The Indian markets have indeed started May on a volatile footing, reflecting a mix of global uncertainty, India–Pakistan military conflict, and valuation concerns. The wild swings in benchmark indices signal heightened nervousness among institutional investors have been somewhat erratic, reacting to global risk sentiment and yield differentials, especially with the India–US bond yield gap this phase appears to be more of a healthy correction or time-based consolidation rather than a structural should use the volatility as an opportunity to accumulate high-quality stocks with earnings visibility, but with a strict eye on valuation and corporate governance.A) The March 2025 quarter (Q4FY25) results paint a mixed picture, with earnings downgrades clearly outnumbering upgrades, especially in the broader market beyond large headline numbers suggest a decent season over half the companies in the Nifty 50 beat expectations this performance was largely margin-driven rather than led by robust revenue of these earnings beats were the result of lower input costs, particularly in sectors like metals and select industrials, rather than a genuine pick-up in such as financials and capital goods continued to show resilience, whereas autos, and chemicals reported muted results due to weak demand and margin compression.A) IndusInd Bank's Q4FY25 results exposed multiple layers of accounting discrepancies, misclassifications in its microfinance book, and possible governance lapses.A ₹2,329 crore quarterly loss and slippages of ₹4,487 crore suggest that issues were not just isolated errors but systemic in a company is undergoing a credibility crisis, averaging down can be declines are not just about sentiment but reflect real risk of further value erosion due to poor internal controls, penalties, or management shake-ups.A) The long-term outlook for Indian equities remains fundamentally strong and optimistic, supported by a confluence of structural growth drivers and improving corporate the past decade, Indian markets have demonstrated a consistent upward trajectory, with the Nifty 50 delivering a CAGR of around 11–12%, closely tracking the growth in corporate price trend underscores a long-term correlation between equity market performance and earnings ahead, India's economic expansion is projected to remain among the fastest globally, backed by strong domestic demand, a stable political environment, increasing formalization, and rapid macro tailwinds are expected to translate into healthy corporate earnings, with consensus estimates projecting a compound annual growth rate of around 12% in Nifty EPS through sectors such as financials, manufacturing, capital goods, and consumer discretionary are poised to benefit from both cyclical recovery and structural reforms.A) Looking ahead, certain sectors are well-positioned to deliver strong returns, particularly those tied to evolving consumer behavior, rising wealth, and infrastructure development. The consumer discretionary sector stands out as a key growth rising incomes, urbanization, and changing lifestyles, consumers are increasingly spending on non-essential goods and services ranging from retail and entertainment to luxury products and technology-driven sector benefits not only from growing domestic demand but also from digital adoption and e-commerce expansion, which continue to reshape how consumers shop and engage with that innovate and adapt to these trends, especially those with strong brand recognition and digital presence, are likely to wealth management sector is another promising space, driven by the growing number of high-net-worth individuals, expanding middle class, and increasing financial more people seek professional advice to grow and preserve their wealth amid complex markets, demand for asset management, financial advisory, and private banking services is set to management firms that leverage technology to offer personalized, scalable solutions and integrate sustainable investing options can capture significant market share. Given the increasing importance of retirement planning and alternative investments, this sector combines growth potential with relative resilience even in uncertain sectors in economies where governments prioritize capital expenditure to fuel growth usually present good investments in transport, energy, urban development, and digital infrastructure are expected to support long-term sector benefits from stable cash flows driven by government projects, public-private partnerships, and rising demand for modern facilities and infrastructure investments often act as a hedge against inflation, given their tangible asset base and pricing power in many cases.A) HNWIs looking to build wealth effectively in the current market environment need to adopt a diversified and dynamic approach that balances growth, risk management, and capital remains a fundamental principle, spreading investments across a variety of asset classes such as equities, fixed income, alternatives, and should focus on high-quality companies with strong fundamentals, in sectors with tailwinds, which are poised for long-term international diversification can help mitigate country-specific risks and tap into growth opportunities beyond the home income investments are crucial for providing income and reducing overall portfolio volatility. Given the current interest rate environment, HNWIs should consider a blend of government bonds, high-grade corporate bonds, and alternative credit instruments, while being mindful of duration investments such as private equity, real estate, and infrastructure can provide uncorrelated returns and serve as effective lower volatile and precious metals like gold also play an important role in protecting portfolios from inflation and market the context of the current market environment, which features evolving interest rates, inflationary pressures, and geopolitical uncertainties, HNWIs should be especially attentive to inflation-hedging strategies and focus on sectors and regions with strong growth instance, capitalizing on India's robust economic expansion and global innovation trends can offer meaningful maintaining disciplined diversification, managing liquidity thoughtfully, and adapting to macroeconomic shifts, HNWIs can effectively grow and preserve their wealth through both volatile and stable market phases.A) Gold recently crossing ₹1 lakh per 10 grams in the Indian physical market marks a key psychological and technical rally has been driven by a confluence of global macro factors, including geopolitical tensions, expectations of softening real yields, and central bank concerns over US-China trade dynamics and a broader move towards de-dollarization have further supported its long-term investment case. In India, the rally has been amplified by a weakening rupee and import duties, pushing domestic prices even a strategic standpoint, gold remains a strong portfolio diversifier and a hedge against macroeconomic rising fiscal deficits globally, high public debt levels, and ongoing geopolitical friction, the long-term case for gold remains should maintain a core allocation of around 5-10% to gold as part of a diversified portfolio. It continues to serve as an effective insurance asset during times of volatility and currency tactically, gold appears overbought in the short term. The rapid surge in prices has outpaced fundamentals in some respects, with recent ETF outflows suggesting some investors are taking profits as equity markets indicators also point to near-term exhaustion, meaning there could be a modest correction or consolidation phase investors looking to increase their allocation, it may be wise to wait for a potential pullback—ideally a 5–7% decline from current levels—before adding a staggered or systematic approach (like SIPs in gold ETFs or sovereign gold bonds) could help average out purchase costs and reduce timing conclusion, while the long-term case for gold remains strong, patience and disciplined entry strategies are advisable at this stage.(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Yahoo
14-05-2025
- Business
- Yahoo
Fort Smith voters say yes to tax reallocation, $385M in sewer infrastructure bonds
Fort Smith voted to reallocate existing tax revenue during a special election May 13, helping the city advance long-delayed sewer system improvements required under a federal consent decree. More than 64% of voters supported the two ordinances on the ballot, while 66% voted in favor of issuing bonds to help fund the work. 'The City of Fort Smith thanks residents for approving the Sales and Use Tax measures to fund sewer system improvements,' said Josh Buchfink, public relations manager for the city. 'With this funding, we can issue bonds to complete consent decree-related projects efficiently and effectively, ensuring critical infrastructure improvements without increasing the existing sales tax rate.' Unofficial results show: 2,381 of 3,687 voters approved Ordinance No. 19-25, renewing the 0.75% sales tax. 2,361 of 3,677 approved Ordinance No. 20-25, reallocating the 1% sales tax. 2,443 of 3,682 voted in favor of the bond measure. Voters weighed in on three separate proposals: Ordinance 19-25: Reauthorized the 0.75% sales and use tax approved initially in 2022. Ordinance 20-25: Reauthorized and reallocated the 1% sales and use tax currently used for streets and drainage. Bond measure: Authorized the city to issue bonds backed by 0.625% from the renewed 0.75% tax and 0.375% from the reallocated 1% tax, for a combined 1% allocated toward consent decree work. 'I think people looked at both sides of the issue and decided that we're not going to take the actions of the past. 'Kicking the can down the road' no longer works,' said Fort Smith City Director Neal Martin (At-Large), who supported the measures. 'The people chose to address the consent decree and further our city down a path to completing it.' More: Fort Smith faces tough choice: Higher sewer bills or higher sales tax? More: Fort Smith Board approves investments in infrastructure, recreation, historic preservation More: Rego proposes 'CUTS' package to refocus Fort Smith spending on consent decree The city had been making steady progress toward completing federally mandated upgrades to its sewer system. However, the 2019 flood delayed several projects and put Fort Smith behind schedule. Martin was involved in talks last August to request more time from the Department of Justice and the Environmental Protection Agency. The current target completion date is 2027. 'This will help us negotiate, particularly with the timeline extension,' Martin said. 'The EPA/DOJ specifically mentioned that in our discussions.' Because voters initially approved the taxes, the Board of Directors could not reallocate the funds without holding another public vote. 'I'm incredibly grateful to the voters for supporting this important step forward,' said City Director Lee Kemp (Ward 3). 'With the passage of the tax reallocation, we now have a clear financial path to complete the long-overdue improvements to our sewer infrastructure. This vote allows us to finally shift from reacting to a mandate to proactively investing in Fort Smith's future.' 0.75% Sales and Use Tax Reauthorization Originally approved by voters in 2022. 0.125% will continue to fund the Fort Smith Police Department. 0.625% will remain dedicated to federally mandated sewer system improvements. If renewed, the tax would remain in place for an estimated 34 years, the projected term needed to repay the bonds. 1% Sales and Use Tax Reauthorization and Reallocation Previously dedicated entirely to streets, bridges, and drainage. Under the new plan: 0.375% will now be redirected to support consent decree work and authorize bonding. 0.625% will continue to fund infrastructure improvements. Bond Issuance Bonds will be backed by: 0.375% from the reallocated 1% tax. 0.625% from the renewed 0.75% tax. Under the consent decree, 1% of the sales and use tax will be allocated to fund projects. The bonds will support up to $385 million in: Sewer capital improvement projects. Federally mandated work is required under the terms of the consent decree. Bond repayment will be structured over 30 years, but the term could be shortened if sales tax revenues exceed projections. The Sebastian County Election Commission is expected to meet on May 23 to certify the election results. This article originally appeared on Fort Smith Times Record: Fort Smith greenlights sewer bonds, reallocates existing tax funds
Yahoo
12-05-2025
- Sport
- Yahoo
MTSU Mondays: Stock Horse team wrangles national title; roots music fest May 31
Here's the latest news from Middle Tennessee State University: The Middle Tennessee State University stock horse team was crowned the 2025 National Intercollegiate Ranch and Stock Horse Association Division 2 National Champion team in April in Amarillo, Texas. Students competed in the versatility ranch horse events, showcasing their talents in ranch reining, cow work, ranch trail and ranch riding. The Raider riders placed fifth overall in 2024. The team consisted of Marci Leath, junior animal science/pre-vet major from Columbia, South Carolina; Kenlee West, senior horse major from Tuscaloosa, Alabama; Alyssa Davis, senior horse science major from Florence, Alabama; Keira Wagner, junior horse science major from Columbia; and Simone Allen, senior agribusiness major from Mount Juliet. Riders who maintained high scores in all classes took home top individual honors among 153 other riders, including Davis, Allen, and West. MTSU dominated with an impressive 117-point lead after two go-rounds of competition against 14 other Division 2 colleges nationwide, Rego said. Among the competing teams were programs such as Oklahoma State University, which finished in second place, and Tarleton State University, claiming third. 'These ladies laid down their best every time they entered the pen,' said Rego, who coached the team along with graduate assistants JoBeth Scarlett and Kara Brown. 'They competed with the grit, grace and unity that defines what it means to be a Blue Raider.' Rego added the team was gifted the use of a Champion Hughes Ranch Trailer for the year along with additional prizes from Kimes Ranch Jeans and High Cotton Promotions. 'This achievement wouldn't be possible without the support of our horse community, additional teammates, families and the overall mission of the MTSU Horse Science program to create well-rounded horsemen and women,' Rego said. Prep those dancing shoes and listening ears as Middle Tennessee State University's WMOT-FM Roots Radio 89.5 will once again host its annual music fest, 'Roots on the Rivers,' on Saturday, May 31. The single-day, family-friendly music fundraising festival will be held at Two Rivers Mansion, 3130 McGavock Pike in Nashville. Free parking is available on-site. Doors open at noon, and performances begin at 1 p.m. and continue until 10 p.m. General admission tickets are $45 each and can be purchased at Children 16 and under can attend for free. WMOT members will receive a private ticketing link to purchase discounted tickets. The rain-or-shine event includes live music, a beer garden, craft cocktails, food trucks and more. From noon to 2 p.m., a WMOT Family Picnic and meet-and-greet will be held. The festival's music lineup includes Sam Bush, Aaron Lee Tashan, Liz Longley, Browyn Keith-Hynes and Noeline Hofmann. A special surprise guest will also take the stage. Funds raised during this yearly celebration of American roots music help support WMOT's programming, operations and community events. 'My favorite part of Roots on the Rivers is how our roots community comes together in a beautiful setting and shares the joy of music,' said WMOT Executive Director Val Hoeppner. 'It's a little like a family reunion, where there's good friends, good food and drink, and we are all bound by music and artists we love.' Attendees can also enjoy the Family String Band Circle and participate in the music and try various instruments. The first Roots on the Rivers Music Festival was held in August 2022. MTSU Mondays content is provided by submissions from MTSU News and Media Relations. This article originally appeared on Murfreesboro Daily News Journal: Stock Horse team wrangles national title; roots music fest May 31
