Latest BNP Paribas India News & Updates

Mumbai, April 13 (IANS) Fast-Moving Consumer Goods (FMCG) stocks or consumer staples shares are ‘well positioned’ for investors amid rising crude oil prices and escalating geopolitical tensions, even as the near-term outlook for the sector has weakened, analysts said in a report released on Monday.According to a report by BNP Paribas India, the outlook for Indian consumer staples has deteriorated due to the recent spike in oil prices triggered by tensions in West Asia.Higher crude prices are exp…

New Delhi, April 3 (IANS) Sentiment towards India’s IT services sector has turned more bearish amid rising global uncertainties, although investors remain hesitant to take strong directional bets, a report said on Friday.BNP Paribas India said in its report that while uncertainty has increased, investors — particularly hedge funds — are avoiding clear market calls and are instead reducing exposure by trimming factor-based positions.The report noted that recent volatility, including rapid rev…

New Delhi, Jan 24 (IANS) The recent policy actions are beginning to show positive effects across the economy, with improvements in credit and deposit growth, industrial activity, and several consumption-related indicators, a new report has said.The report from BNP Paribas India said improvements in indicators such as credit and deposit growth, IIP, auto sales, port traffic, GST e-way bills, fuel consumption, and consumer sentiment, though export growth and GST collections have moderated.“Most …