Lumic
Get app

Macquarie Bullish on India Power Sector: NTPC & JSW Energy T

This 'impact_news' from Lumic delves into Macquarie's positive outlook on the Indian power sector. The financial services firm has identified NTPC as its top investment choice, with JSW Energy and Power Grid Corporation also featuring prominently in their stock picks. The report highlights a potential transmission capex supercycle and improving finances of discoms as key catalysts for sector growth. While Adani Green, Adani Power, and Adani Energy Solutions are acknowledged, they are ranked lower in Macquarie's overall assessment. This insight into smart money's positioning within India's energy stocks offers valuable context for understanding the ongoing upcycle in the power sector, crucial for India's economic expansion and renewable energy goals.

Insights

Macquarie Bullish on India Power Sector Picks NTPC and JSW Energy

4 days ago · Lumic

Macquarie report highlights NTPC and JSW Energy as top picks in the bullish Indian power sector.
Lumic
4 days ago
Macquarie Bullish on India Power Sector Picks NTPC and JSW Energy
KEY TAKEAWAYS
Macquarie picks NTPC as top bet in power sector followed by JSW Energy and Power Grid Corporation
Macquarie sees transmission capex supercycle and better discom finances as key sector growth driver
Adani Green Adani Power and Adani Energy Solutions ranked lower in Macquarie overall pecking order
Business Standard·4 days ago

More in Insights

Indian rupee symbol alongside gold bars, symbolizing impact of import duty changes on gold imports.
Lumic
about 1 hour ago

Insights

Gold Imports Drop Sharply After India Raises Import Duty.

  • Monthly gold imports fell to 25–30 tonnes from 70–100 tonnes after duty increase.
  • Higher import costs have encouraged consumers to recycle old gold jewellery instead.
  • Effective gold import duty jumped to 15% from 6%, reducing overseas purchases.
Business Standard·about 1 hour ago
Indian stock market chart showing a downward trend with IT stocks highlighted, alongside the Accenture logo.
Lumic
about 3 hours ago

Insights

Accenture Warning Triggers IT Rout, Investors Lose Rs 2 Trillion

  • Nearly Rs 2 trillion in investor wealth was erased as technology shares fell broadly.
  • TCS, Infosys, HCLTech, Wipro and Tech Mahindra declined as demand concerns intensified.
  • Accenture's cautious outlook triggered a sharp selloff across Indian IT stocks on Friday.
NDTV·about 3 hours ago