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PSU banks, power stocks still offer upside ahead of Budget: Neeraj Dewan

Investor sentiment remains cautious ahead of the Union Budget, with FII outflows a key concern. Market expert Neeraj Dewan suggests selective buying in infrastructure, capital goods, and PSU banks, noting attractive valuations. He remains constructive on power T&D and sees opportunities in power generation, while advising caution on NBFCs and recommending long-term accumulation in real estate.

Industry Trends

ABB gives confident outlook for 2026, launches $2 billion buyback

Swiss engineering group ABB reported fourth-quarter earnings exceeding forecasts and announced a new $2 billion share buyback, expressing confidence for 2026. The company is benefiting from the AI boom, strong demand in rail and marine sectors, and achieved record full-year orders and revenue. ABB aims for further growth and margin improvement by 2026.

India-EU deal may help some sectors, but compliance costs loom

Ajay Srivastava, Founder of GTRI, and Garima Kapoor, Chief Economist at Elara Capital, share insights on India-EU FTA winners, the one-year wait for gains, and challenges from ESG and carbon rules. The looming Carbon Border Adjustment Mechanism (CBAM) poses a substantial threat, particularly to steel and aluminium exports, while the rupee is expected to remain under near-term pressure.

Industry Trends

Realme Buds Clip Launched in India With Open-Ear Design, IP55 Rating: Price, Features

Realme Buds Clip has launched in India alongside the Realme P4 Power 5G. The open-ear earbuds feature an IP55 rating, 11mm dual-magnet drivers, 3D spatial audio, AI-backed ENC, and up to 45ms low latency. They support Bluetooth 5.4, dual-device pairing, and an AI Translator for 30+ languages. Battery life is rated at up to 36 hours with the case. Priced at Rs. 5,999, they will sell at Rs. 5,499 during a limited launch offer.

Industry Trends

Indonesia financial regulator says it will impose 15% stock free float requirement

Indonesia's financial watchdog is boosting the free float requirement for listed companies to 15% to address MSCI's transparency concerns, which triggered significant market sell-offs. The Financial Services Authority is also enhancing supervision timeliness and effectiveness. Authorities view MSCI's feedback positively and are awaiting a response to proposed solutions, aiming for resolution by March.

Industry Trends

Japan's short-dated bonds fall on Fed hold; superlong bonds gain

Japanese government bonds showed mixed movements on Thursday, with shorter-dated notes declining in line with U.S. peers. Longer-dated securities, however, continued to benefit from strong demand at a recent 40-year JGB auction. Investors remain cautious about potential fiscal stimulus following upcoming snap elections.