Wealth First Portfolio Managers Ltd. Share Price

India-US Deep-Tech & Investment Ties Strengthen

Union Minister for Commerce and Industry Piyush Goyal engaged in high-level bilateral discussions with prominent US corporate leaders in New York to accelerate trade, private equity investments, and strategic technology partnerships across both nations. Dialogues with global private equity and asset management executives—including Blackstone President Jonathan Gray, Neuberger Berman CEO George Walker, and General Atlantic CEO William E. Ford—focused on expanding institutional capital deployment, wealth management infrastructure, and private market partnerships in India. In consumer goods and technology domains, Minister Goyal explored localized manufacturing and sourcing expansion with The Estée Lauder Companies CEO Stéphane de La Faverie to capitalize on India’s booming beauty and personal care ecosystem, while talks with IBM CEO Arvind Krishna centered on deepening domestic operations in artificial intelligence, quantum computing, enterprise cloud infrastructure, and emerging tech stacks. Financial services, insurance penetration, and long-term risk underwriting formed another pivotal pillar of the New York trade delegation meetings. In engagements with MetLife CEO Michel A. Khalaf and AIA Group Non-Executive Chairman Mark Tucker, discussions highlighted market expansion strategies aligned with the national policy roadmap of "Insurance for All by 2047". Broadly, the series of corporate engagements underscored India's rising appeal as a premier destination for global capital, high-value tech R&D, and advanced manufacturing, fostering resilient cross-border supply chains and reinforcing economic integration between India and the United States.

Pre Market Report & Global Cues | 12 October, 2026

Global cues are mildly positive, but the bigger concerns for Indian markets remain crude oil, bond yields and the rupee. US futures are trading around in mild profits, while Asian markets are mixed. Gift Nifty is indicating an opening around 80 points higher, following Friday's rally in Nifty. However, a positive opening does not mean the pressure has eased. Brent crude is around $103 per barrel. Crude remains expensive for an oil-importing country like India. If prices stay at these levels, it can add to import costs and inflation, while putting further pressure on the rupee. The currency is already a major concern. USD/INR is at 96.73, while India's 10-year bond yield has moved up to 7.29% and the 5-year yield to 7.05%. The US 10-year yield is also high at 5.24%. These elevated yields can keep borrowing costs and valuation pressure high, even if equities open in the green. On the stock-specific front, Positive Side: 1. Poonawalla Fincorp reported a sharp rise in quarterly profit to ₹375 crore, up 405% year-on-year. 2. KEC International secured ₹1,014 crore in new transmission and distribution orders. 3. Ashoka Buildcon emerged as the lowest bidder for a ₹290.23 crore rail infrastructure contract. 4. Blue Dart is also in focus after signing an MoU with India Post to expand last-mile delivery in smaller towns. Negative Side: 1. DMart reported 8.5% profit growth to ₹743 crore, but the result fell short of expectations. 2. Anand Rathi Wealth reported a 9.5% year-on-year decline in standalone quarterly profit. These stocks may see stock-specific reactions as investors assess the results. For today's session: Nifty may start higher, but the key question is whether buyers can sustain the gains. With crude above $100, the rupee near 96.7 and Indian bond yields elevated, the broader market still faces significant pressure. Watch the opening range and follow-through buying before treating the gap-up as a fresh bullish move.

Tech Mahindra Ltd Q2 FY27 results scheduled for October 15

Anand Rathi Wealth adjusted profit up 22%, reported down 11%

buy on dips strategy to be followed for investment

Q2FY27 Quarterly Result Announced for Anand Rathi Wealth