Insights
Macquarie Bullish on India Power Sector Picks NTPC and JSW Energy
In this 'Insights' piece, we delve into Macquarie's latest report highlighting a significant upcycle in the Indian power sector. The global financial services giant has placed its bets on key players, with NTPC emerging as its top pick, followed closely by JSW Energy and Power Grid Corporation. Macquarie's optimism is fuelled by an anticipated transmission capex supercycle and improvements in discom finances, signaling a robust growth trajectory for the sector. While renewable energy players like Adani Green, Adani Power, and Adani Energy Solutions are noted, they appear lower in Macquarie's overall ranking. This analysis provides valuable context for understanding smart money's positioning in India's evolving energy landscape, touching upon capital expenditure and market trends.
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Insights
New Market Closing Timings Begin Today: What Every Trader Should Know
- Non-F&O stocks will stop normal trading at 3:15 PM under the revised market timings.
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Insights
Oil PSU Q1 Losses Far Below ₹75,000 Crore Fears, Easing Pressure
- Oil PSU June quarter losses stayed well below the government's ₹75,000 crore estimate.
- Lower under-recoveries and timely policy measures helped limit financial impact on PSUs.
- The less-than-feared losses improve sentiment across India's state-owned energy companies.