Thursday, October 08
After a better-than-expected Q4 showing, the market may be entering a period of consolidation, says Sneha Poddar, VP of Research at Wealth Management, Motilal Oswal Financial Services.According to her, real earnings momentum is likely to take hold in the second half of FY26, with Q2 expected to mark the bottom. Until then, markets may see limited upside as they wait for fresh triggers to emerge.Edited excerpts from a chat:Do you think the earnings season was better for mid and smallcaps than largecaps? Is that the reason behind the outperformance of the broader market?Sneha Poddar: It’s difficult to pinpoint exactly, but stock-specific performance has stood out in a few pockets where numbers were better than expected. Broadly speaking, compared to the Nifty, the broader market has perfor
Reliance Infrastructure is looking to turbocharge its defence vertical with a focus on aircraft upgrade programmes, eyeing an opportunity of Rs 5,000 crore over the next 7-10 years, sources said. This strategic foray positions Reliance Infrastructure as India's first private sector company to independently execute a comprehensive aircraft upgrade programme without being the original manufacturer -- a domain traditionally dominated by public sector units and OEMs. According to a company source, the company has already marked a significant milestone by successfully upgrading 55 Dornier-228 aircraft under a contract with Hindustan Aeronautics Ltd (HAL), in collaboration with US-based avionics firm Genesys. Initially awarded a contract for 37 aircraft, Reliance secured a repeat order for an ad
A 29-year-old Indian expat lost his life during a scuba diving session at Jumeirah Beach on Friday — while spending the Eid Al Adha holidays with his family in Dubai, as per a report by The Khaleej Times. The deceased, identified as Issac Paul Olakkengil, was an engineer based in the UAE. His relative told The Khaleej Times, Issac suffered a cardiac arrest after experiencing difficulty breathing underwater.David Pyarilos, Issac’s uncle who is assisting the family with the legal procedures, told the media house that the incident happened during a training session at a designated scuba diving area in Dubai on Friday.“They were participating in a beginners' training session when Issac began to struggle with his breathing and drifted away from the rest of the group,” said Pyarilos.He w
