India’s Economic Engine Stays Strong: BofA Keeps FY26 Growth at 6.5% Despite US Tariff Jolt

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▪️ Impact News

▪️ Markets

▪️ Everything else you need to know today

▪️ Special

▪️ Mindset

▪️ Stock Screener to up your game

IMPACT NEWS

India’s FY26 Growth Stays Firm at 6.5% Despite Tariff Turbulence

There’s a subtle economic symphony playing out - and India is keeping tempo. BofA Securities has held steady on its 6.5% real GDP growth projection for FY26, signaling that recent US tariff hikes - now totaling a whopping 50% - haven’t derailed projections. The reason? India’s economy is less reliant on exports and thrives on strong internal consumption, infrastructure spending, and resilient services. Good monsoon rains have revived rural demand, while central bank moves like aggressive rate and CRR cuts have set the stage for smoother credit flow. Policymakers are also eyeing targeted fiscal relief for exporters, preparing the economy to absorb shocks gracefully.
This narrative is echoed across global agencies. S&P Global Ratings calls the impact negligible, citing limited exposure to US markets. Moody’s warns of a potential 0.3 percentage point knock, yet points to domestic demand as a buffer. Fitch and the RBI remain bullish too - key domestic fundamentals still underpin India’s growth story, even as external pressures rise.
In a world buffeted by trade tensions and uncertainty, India is leveraging its homegrown engine a powerful message that resilience and self-reliance are more than buzzwords; they're competitive advantages.

MARKETS

The Indian stock market is showing a mixed sentiment today. The Sensex nudged up by 57.75 points to 80,597.66, and the Nifty 50 rose modestly by 11.95 points to 24,631.30, reflecting slight bullishness. Banking stocks performed well with Nifty Bank gaining 160.40 points (+0.29%), closing at 55,341.85. However, Nifty Midcap 100 took a hit, dropping 177.25 points (-0.31%) to 56,504.25, indicating some pressure in the midcap space. The overall tone remains cautiously optimistic with selective buying.
_{Closing figures as on 14.08.25 (3.30pm IST)}

🔎 In Focus

Stock Performance:

Top Gainers

✅ Wipro: Firmed by +2.1 - 2.3% amid a broader IT sector rally fueled by strong mutual fund inflows into software services and increased investor confidence.

✅ Eternal: Gained +1.9 - 1.33%, following its inclusion among top Nifty gainers, benefiting from positive sectoral sentiment in consumer or growth-driven names.

✅ HDFC Life: Rose about +1.4 - 1.5%, backing a surge in demand for insurance stocks, particularly driven by ETF and mutual fund interest in protective financial services.

✅ Infosys: Jumped +1.5 - 1.6% as the market cheered its acquisition of a 75% stake in Versent Group - which boosts its AI-led cloud and digital transformation capabilities in Australia.

Top Losers

🔻 Tata Steel: Dropped sharply -3%, hit by continued weakness in metal stocks broadly dragging sentiment in the sector.

🔻 Adani Ports: Slipped -1.4 - 1.75%, weighed down by weakness in transport and infrastructure amid cautious market mood.

🔻 Tech Mahindra: Down -1.3%, impacted by the tempered performance in mid-cap IT, even though core IT was strong - broader pressure possibly affecting discretionary tech names.

🔻 Hero MotoCorp: Fell -1.3%, continuing the pullback seen earlier in the week, even though long-term charts hint at a potential bounce (like golden cross); today’s dip reflects short-term technical selling.

Q4 RESULTS

^{Click on company name for result pdf} 

INDIA FRONTIER

Everything else you need to know today

🔄 Resurgence: Despite SEBI’s nod to resume trading after a hefty $567 million escrow deposit, Jane Street’s spokesperson confirms they’re not trading in India right now. This cautious restraint follows a high‑stakes tussle between aggressive market participation and regulatory oversight.

🚨 Reckoning: The Income Tax Department has exposed a network of bogus trusts suspected of laundering CSR funds. Early raids in Delhi are expanding across multiple cities to trace the companies behind these shell entities.

🌱Harvest: PM Narendra Modi will soon unveil a ₹2,481‑crore National Mission on Natural Farming. Spanning 750,000 hectares, the initiative aims to boost incomes for 10 million farmers through eco‑friendly, low‑input agriculture.

⛽ Reassurance: The government moves decisively to douse fears around E20 petrol, clarifying that it neither voids insurance policies nor harms mileage in fact, it sometimes improves acceleration. Warnings that insurers will deny engine‑damage claims are categorically false.

SPECIAL

Swadeshi 2.0: India’s Manufacturing moment has arrived.

India is undergoing a quiet yet profound economic transformation. Once seen merely as a consumption-driven market, it’s now flexing serious manufacturing muscle. From semiconductors to iPhones, and drones to solar panels, India is fast becoming a global factory floor - not by chance, but by design.

Fueling this shift is a potent mix: geopolitical realignments post-COVID, Western firms decoupling from China, and strong government incentives under the Production Linked Incentive (PLI) scheme. Add to that India’s 1.4 billion-strong domestic market and a tech-savvy workforce, and the conditions are ripe for what some are calling “Swadeshi 2.0.”

Real-world markers are everywhere - Foxconn is investing billions in chip plants, Apple is ramping up local iPhone assembly, and Indian startups are innovating in drone tech, batteries, and EVs. This isn't nationalism - it’s strategic self-sufficiency meeting global opportunity.

India’s shift from market to maker could define the next decade of global supply chains. It’s not just about GDP numbers - it’s about repositioning India on the world’s economic chessboard.

THE HANOOMAAN INSTITUTE

💼 5 Smart Paths to Go from Middle Class to Millionaire

Becoming a millionaire from a modest middle-class income isn’t a myth - it’s a matter of choices, discipline, and patience.

A powerful article by Steve Burns outlines 5 proven strategies to get there:

1. Join a Promising Startup: Equity can turn sweat equity into real wealth. Employees at companies like Facebook and Airbnb saw life-changing gains by getting in early.

2. Save Aggressively + Invest in Index Funds: Automate 20 - 30% of your income into low-cost S&P 500 index funds. With consistent investing over 20 years, compounding can work wonders - even without a six-figure salary.

3. Invest in Real Estate Use house hacking, rental income, and appreciation to grow equity. Real estate offers leverage and inflation protection, especially if held long-term.

4. Start a Scalable Business A successful side hustle or digital business can scale without trading time for money. Even part-time ventures can build long-term wealth if grown strategically.

5. Invest in Yourself: Learning high-income skills like coding, sales, copywriting, etc. can double your earning power. That increased cash flow fuels all other strategies.

Your journey to millionaire status won’t be instant, but with intention and consistency, it’s entirely possible. 💰

SUPERCHARGE YOUR INVESTING SKILLS

STOCK SCREENER TO UP YOUR GAME

Good Day trading Stocks
by - Raju

EPS latest quarter > 1.2 * EPS preceding year quarter AND
EPS latest quarter > 0 AND
YOY Quarterly sales growth > 25 AND
EPS last year > EPS preceding year AND
EPS > EPS last year AND
Profit growth 3Years > 25 AND
Return on equity > 17 AND
Down from 52w high < 18 AND
Market Capitalization > 5 AND
( Current assets / Current liabilities) > 2

Thanks for reading.

Until Sunday with our Startup Special!

Hanoomaan India Business team

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