PhillipCapital India

Revving up insights! Our latest report on the automobile industry is here. 🚗💨 #PhillipCapital #AutomotiveTrends #roadlesstravelled

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📊 PhillipCapital India's Commodities Quarterly Report - Oct-Dec 2024 Stay ahead of market movements with our latest insights on commodities. Our experts forecast weakening trends in precious metals, crude oil, base metals, and cotton in the upcoming quarter. Key Themes for Q4 2024: 1️⃣ Global liquidity measures 2️⃣ US Presidential Elections 3️⃣ Geo-political tensions Curious about how these factors will impact your investments? Please visit - https://lnkd.in/dBT2Z548

Running Yield - Weekly Report dated 14th October 2024 𝙍𝙚𝙥𝙤𝙧𝙩 𝙎𝙮𝙣𝙤𝙥𝙨𝙞𝙨 : 𝘾𝙚𝙣𝙩𝙧𝙖𝙡 𝙜𝙤𝙫𝙚𝙧𝙣𝙢𝙚𝙣𝙩 𝙛𝙞𝙣𝙖𝙣𝙘𝙚𝙨 𝙖𝙣𝙙 𝙗𝙤𝙧𝙧𝙤𝙬𝙞𝙣𝙜𝙨 : 𝙄𝙣 𝙡𝙞𝙣𝙚, 𝙬𝙞𝙩𝙝 𝙨𝙘𝙤𝙥𝙚 𝙛𝙤𝙧 𝙥𝙤𝙨𝙞𝙩𝙞𝙫𝙚 𝙨𝙪𝙧𝙥𝙧𝙞𝙨𝙚 §  The government borrowing program for the second half of the calendar year is on target. That is, total borrowing for the financial year as indicated in the budget, minus borrowing for the first half.    §  Given the positive developments in government finances, there is scope for a positive surprise going forward. That is, towards January-February 2025, actual borrowing may be lower than scheduled.   §  The gross borrowing target for second half of FY25, Rs 6.61 trillion, is somewhere equal to Rs 14.01 trillion (target for the year) minus Rs 7.5 trillion (scheduled for first half).   §  Given the positive developments, it is possible that the government has been conservative in their approach. That is, they have not announced a lower borrowing schedule right now for the second half of the financial year.   §  It is possible that towards the last quarter of the financial year, assuming the positive trend continues, central government finances will remain buoyant. That may enable the government to borrow less than Rs 6.61 trillion in the second half. §  If that happens, it will be good news for the market. The market was expecting it prior to the announcement of the calendar; scope remains. #FiscalPolicy #MarketOutlook #EconomicDevelopments #PublicFinances #GovernmentFinances #BorrowingProgram #MarketTrends #FiscalDiscipline  #BondMarket #EconomicForecast #InvestmentInsights #DebtManagement #PhillipCapitalIndia Joydeep Sen Kunal Singh Kochar Rodney Correa Sunil Jani Vaibhav Singhal

May this Dussehra bring you the strength to conquer your demons and the courage to face your fears. Happy Dussehra from PhillipCapital India! #dusserha #festival #phillipcapital

End of an Era. Rest in Peace Sir.

A milestone achieved! 🏆 Congratulations to NSE India on the 1st Anniversary of launching Crude Oil options. This innovative move has empowered India's commodity markets. #NSE #CommodityMarkets #Innovation #IndiaStockMarket #CrudeOil #Options

Running Yield - Weekly Report dated 7th October 2024 𝙍𝙚𝙥𝙤𝙧𝙩 𝙎𝙮𝙣𝙤𝙥𝙨𝙞𝙨: 𝙉𝘽𝙁𝘾𝙨: 𝙞𝙢𝙥𝙧𝙤𝙫𝙚𝙙 𝙛𝙪𝙣𝙙𝙖𝙢𝙚𝙣𝙩𝙖𝙡𝙨 𝙖𝙣𝙙 𝙘𝙤𝙢𝙥𝙚𝙩𝙞𝙩𝙞𝙫𝙚 𝙮𝙞𝙚𝙡𝙙𝙨  1. In the corporate bonds space, NBFCs comprise a major chunk. In today’s report, we look at the health of the NBFC sector and the yield level of bonds from companies in the sector. 2. Reserves and surplus of the NBFC industry, at Rs 8.79 lakh crore as on December 2023, grew 10.2% year-on-year. Total borrowings, at Rs 30.7 lakh crore as on December 2023, has grown 11% y/y 3. Loans and advances, the asset book of the industry, stands at Rs 35.88 lakh crore as on December 2023.This has grown by 14.2% y/y, which shows the growth rate of the industry. 4. As of September 2023, 43% of resources of the NBFC industry were loans from banks and financial institutions, which is the biggest source of funding. The next biggest source is issuance of bonds / debentures, which was just under 40%. The other sources of funding are relatively small. 5. Return on assets (RoA) of the NBFC industry at 2.7% on December 2023 is the same as that on December 2022. Return on equity (RoE) at 12.3% on December 2023 is the same as that on December 2022. #RunningYield #BondMarkets #IndiaBonds #FixedIncome #InvestmentInsights #NBFCs #CorporateBonds #DebtMarkets #EmergingMarkets #BondYields #IndianEconomy #GlobalInvestment #FPIFinflows #AssetManagement #InvestmentStrategies Joydeep Sen Kunal Singh Kochar Rodney Correa Sunil Jani Vaibhav Singhal

We're #hiring a new Senior Relationship Manager in Mumbai, Maharashtra. Apply today or share this post with your network.

We're #hiring a new Relationship Manager in Mumbai, Maharashtra. Apply today or share this post with your network.