Mid-Day Top Gainers and Losers on Feb 01, 2025: Maruti, Trent Lead Gainers; L&T, BEL Drag Markets

On February 1, 2025, the benchmark indices, BSE Sensex and Nifty50, traded lower after Finance Minister Nirmala Sitharaman concluded the Budget 2025 presentation.

As of 12:20 PM, the Sensex had declined 91.97 points (0.12%) to 77,408.60, while the Nifty50 was down 32.40 points (0.14%) at 23,476.

As of February 1, 2025, at 12:35 PM IST, the mid-day top 20 gainers and losers in the stock market are: 

Mid-Day Top Gainers

Symbol Open High Low LTP %chng
MARUTI 12,320.00 13,150.00 12,228.65 12,940.30 5.11
TRENT 5,780.00 6,144.40 5,677.05 6,023.15 4.69
BRITANNIA 5,160.00 5,338.85 5,051.00 5,326.45 3.84
HEROMOTOCO 4,330.00 4,522.95 4,236.05 4,480.35 3.25
BAJAJ-AUTO 8,887.90 9,127.00 8,806.30 9,127.00 3.16
  • Maruti Suzuki surged 5.11% to ₹12,940.30, hitting an intraday high of ₹13,150.
  • Trent gained 4.69% to ₹6,023.15, touching a high of ₹6,144.40.
  • Britannia rose 3.84% to ₹5,326.45, trading between ₹5,051 and ₹5,338.85.
  • Hero MotoCorp advanced 3.25% to ₹4,480.35 after reaching ₹4,522.95 intraday.
  • Bajaj Auto climbed 3.16% to ₹9,127.00, marking a new peak.

Mid-Day Top Losers

Symbol Open High Low LTP %chng
LT 3,578.00 3,629.20 3,423.50 3,427.50 -3.92
BEL 295.95 299.6 281.3 282.4 -3.5
COALINDIA 395.9 399.45 382.6 382.85 -3.3
SHRIRAMFIN 547.9 549.65 526 529.05 -2.7
POWERGRID 301.65 305.35 293.15 293.65 -2.65
  • L&T dropped 3.92% to ₹3,427.50, touching a low of ₹3,423.50.
  • BEL declined 3.50% to ₹282.40, fluctuating between ₹281.30 and ₹299.60.
  • Coal India lost 3.30% to ₹382.85 after reaching ₹399.45 intraday.
  • Shriram Finance slid 2.70% to ₹529.05, trading between ₹526.00 and ₹549.65.
  • Power Grid slipped 2.65% to ₹293.65 after an intraday high of ₹305.35.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

 

Cotton Stocks Rally: Ambika Cotton, KPR Mills, Arvind and More Surge After Cotton Mission Announcement in Budget 2025

Shares of textile companies surged by up to 9% during the special Budget session on Saturday following Finance Minister Nirmala Sitharaman’s announcement of a 5-year mission aimed at boosting cotton productivity.

Ambika Cotton Leads the Rally 

Ambika Cotton Mills shares saw the biggest jump, rising 9% to ₹1,630. Other textile stocks followed suit, with KPR Mills shares up nearly 4%, while Vardhman Textiles and Arvind saw gains of 2% and 4%, respectively.

Focus on Cotton Productivity and Farmer Support 

The government’s new initiative is set to rejuvenate India’s traditional textile industry. Finance Minister Nirmala Sitharaman highlighted the focus on promoting extra-long staple (ELS) cotton varieties, which is expected to provide strong support for the sector. Experts believe this move will positively impact textile companies, including yarn and garment manufacturers.

In her Budget speech, Sitharaman also introduced modifications to the Kisan Credit Card (KCC) scheme. The loan limit under the interest subvention scheme will increase from ₹3 lakh to ₹5 lakh, providing short-term loans to 7.7 crore farmers.

Budget Focus on Economic Growth

The Finance Minister also emphasised that the budget aims to boost household sentiment, increase disposable income, and encourage private investment to drive economic growth. She identified four key pillars for India’s future: agriculture, MSMEs (Micro, Small, and Medium Enterprises), investments, and exports.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Inox Wind, Suzlon, Adani Green, and More Surge Ahead of Union Budget 2025

Renewable energy stocks are seeing an increase ahead of the Union Budget 2025. Experts are closely watching for budget announcements related to higher capital expenditure (capex) in the renewables sector, especially the PLI schemes designed to boost the industry.

Stock Performances of Key Renewable Companies

  • Waaree Energies: Waaree Energies shares rose by 4%, trading at ₹2,503. The company reported a 4-fold increase in net profit for Q3 FY25, reaching ₹492.7 crore, up from ₹124.5 crore last year.
  • Inox Wind: Inox Wind shares increased by 8% to ₹181 after reporting a 96% YoY rise in revenue to ₹994 crore for Q3FY25. The company also saw a PAT of ₹239 crore.
  • KPI Green Energy: KPI Green Energy shares rose by 5%, trading at ₹385.65, following the development of 40.16 MW of renewable power projects under its subsidiary KPIG Energia.
  • Suzlon: Suzlon shares hit the upper circuit limit, rising 5% for the fourth consecutive session after strong Q3 results. Net sales rose 90.64% YoY, and net profit increased by 90.56% to ₹386.92 crore.

Other Renewable Stocks Showing Gains 

Other renewable energy stocks also saw upward movement.

Government’s Strong Support for Renewables 

The Ministry of New and Renewable Energy (MNRE) allocated ₹19,100 crore for the sector in 2024-25, marking a 143% increase compared to the previous fiscal year’s revised estimate. The largest share, around 45%, went to solar power grids, while around 33% was allocated to the PM Surya Ghar Muft Bijli Yojana, approved in February 2024. This is part of the broader push, as the total renewable allocation has doubled over the last 2 years.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

January 2025 Auto Sales Surge: Mahindra, MG and More Show Impressive Growth

In December 2024, the top 3 car brands by sales were Maruti Suzuki, Tata, and Hyundai. Maruti Suzuki and Tata saw positive year-on-year (YoY) growth, while Hyundai’s sales declined by 1.3%.

Mahindra SUV Sales Surge by 18%

Mahindra’s SUV sales continued their upward trend, with 50,659 units sold in January 2025, compared to 43,068 units in the same month last year. This reflects an 18% YoY growth.

Mahindra’s tractor sales also showed strong growth. The company sold 26,305 tractors domestically in January 2025, marking a 15% increase, while its exports grew by 12% to 1,252 units.

MG Reports Huge Growth in EV Sales

MG Motor has seen massive success in the electric vehicle (EV) segment, with a 256% YoY increase in sales, reaching 4,455 units in January 2025. The company’s EV models, including the Comet, Windsor, and ZS EV, made up 70% of total sales last month.

Kia Sees 5% Growth in Sales

Kia India sold 25,025 units in January 2025, marking a 5% increase from 23,769 units sold in January 2024. The company expects further growth with the launch of the Kia Syros, priced from ₹9 lakh. Deliveries for the new model will start next month.

Maruti Suzuki Records Highest Monthly Sales

Maruti Suzuki achieved its highest-ever monthly sales, delivering 2,12,251 units in January 2025. This includes:

  • 1,77,688 units sold in the domestic market
  • 7,463 units supplied to other OEMs
  • 27,100 units exported

The compact hatchback and UV segments saw strong year-on-year (YoY) growth.

Tata Motors’ Passenger Vehicle Sales Drop 11%

Tata Motors sold 48,316 units in January 2025, a 10% decline compared to 53,633 units in January 2024. The company’s commercial vehicle (CV) sales remained stable, with 31,988 units sold, slightly lower than 32,092 units last year.

Hyundai Creta Leads Sales, EV Model Boosts Demand

Hyundai India’s total sales reached 65,603 units in January 2025, with domestic sales at 54,003 units and exports at 11,600 units. The Hyundai Creta EV, launched at the Bharat Mobility Global Expo 2025, helped the Creta achieve its highest-ever domestic monthly sales of 18,522 units.

Toyota Reports 19% YoY Growth

Toyota sold 29,371 units in January 2025, up 19% YoY from 24,609 units in January 2024. Domestic sales stood at 26,178 units, while 3,193 units were exported.

Best-Selling Cars in 2024

The top-selling cars of 2024 were:

  1. Tata Punch – 2,02,031 units
  2. Maruti Suzuki Wagon R – 1,90,855 units
  3. Maruti Suzuki Ertiga – 1,90,091 units

With new launches and rising EV demand, the auto sector continues to see shifting trends in sales.

Ola Electric Registers 24,341 EVs

Ola Electric sold 24,341 electric scooters in January 2025, according to VAHAN data. Despite facing service-related issues and an ongoing Competition Commission of India (CCI) investigation, Ola launched its Gen 3 scooters and the all-new Ola S1 Pro+ in India.

Royal Enfield Sales Up 20%

Royal Enfield recorded 91,132 units in total sales, marking a 20% growth compared to January 2024.

  • Domestic sales: 81,052 units
  • Exports: 10,080 units

Both domestic and export sales saw strong year-on-year (YoY) growth.

TVS Two-Wheeler Sales Rise by 10%

TVS Motor Company sold 3,87,671 two-wheelers in January 2025, up 18% YoY from 3,29,937 units in January 2024.

  • Domestic sales: 2,93,860 units, up 10% from 2,68,233 units last year.

Breakdown of TVS Two-Wheeler Sales

  • Motorcycles: 1,74,388 units, up 12% from 1,55,611 units in January 2024.
  • Scooters: 1,71,111 units, up 29% from 1,32,290 units last year.

TVS EV Sales Surge by 55%

TVS saw a sharp rise in electric vehicle (EV) sales, delivering 25,195 units in January 2025, a 55% increase from 16,276 units in January 2024.

With strong performances from Ola, Royal Enfield, and TVS, the two-wheeler market continues to see steady growth, especially in the EV segment.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

ONGC Q3 FY25 Results: Profit Drops 19.4% to ₹8,621 Crore; Production Up

Oil and Natural Gas Corporation (ONGC) reported a 19.4% decline in its consolidated net profit for the third quarter (October–December) of FY25. The profit stood at ₹8,621.69 crore, down from ₹10,703.13 crore in the same period last year, mainly because of the lower global crude oil prices. Compared to the previous quarter, profit dropped 16.07%, from ₹10,272 crore. ONGC’s gross revenue for Q3 FY25 decreased by 0.7% to ₹1.66 trillion, down from ₹1.67 trillion in Q3 FY24.

Crude Oil Prices and Realisation

ONGC sells crude oil based on international benchmark prices. In Q3, crude oil prices ranged between $73.5 and $75 per barrel, with a brief spike to $80.9 in October. The company’s net realisation, after considering windfall taxes, was $72.57 per barrel, a 10.6% drop from $80.76 per barrel in Q3 FY24.

Production Growth

ONGC’s crude oil production increased by 2.2% to 4.65 million metric tonnes (MMT) in Q3 FY25, compared to the same period last year. Over the first 9 months of FY25, crude oil production reached 13.85 MMT, up 1.2% from the previous year. The company also saw a small increase in natural gas production, with output at 4.978 billion cubic metres (BCM), a 0.3% rise compared to Q3 FY24.

Dividend Declaration

ONGC’s Board of Directors declared a second interim dividend of ₹5 per equity share (100% of face value) for FY25. The record date for dividend distribution has been set for February 7, 2025.

Acquisition of Shares in Mangalore SEZ Limited

The Board also approved the purchase of 115 million equity shares in Mangalore SEZ Limited (MSEZ), a joint venture of ONGC, from Infrastructure Leasing & Financial Services Limited (IL&FS) for ₹56.11 crore, under its right of first refusal.

About ONGC

ONGC, accounts for about 71% of the country’s domestic production. Over the past 60+ years, the company has discovered 8 of India’s 9 producing basins. These discoveries include Gujarat in 1958, Assam in 1963, Rajasthan in 1967, Mumbai in 1974, Krishna Godavari in 1980, Cauvery in 1985, Bengal in 2019, and Vindhyan in 2022.

ONGC share price is currently trading at ₹260.40, up by ₹3.68 (1.43%) as of 9:51 AM IST on February 1. The stock’s 52-week high is ₹345.00, while the low is ₹223.00. The stock opened at ₹257.01, reached a high of ₹263.49, and a low of ₹255.21. With a market capitalisation of ₹3.27 lakh crore and a P/E ratio of 7.88, it offers a dividend yield of 4.80%.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Opening Bell: Sensex and Nifty Open Higher Ahead of Budget 2025

On Saturday, February 1, 2025, ahead of the Union Budget 2025 presentation, the benchmark equity indices opened higher. At the opening bell, BSE Sensex rose by 108.27 points (0.14%) to 77,608.84, while Nifty50 increased by 37.35 points (0.16%) to 23,545.75.

Investors Eye Budget Proposals

Investors are closely watching for key announcements in Budget 2025, which will be presented by Finance Minister Nirmala Sitharaman. This will be her eighth consecutive budget and is expected to focus on the vision of ‘Viksit Bharat’ by 2047, marking the second budget under the third Modi administration.

Economic Growth Target

The Economic Survey 2024-25 highlighted that India needs to achieve an average growth rate of about 8% annually over the next decade or two to meet its aspirations of becoming ‘Viksit Bharat’ by 2047.

Positive Momentum in Markets

Both Sensex and Nifty posted gains for the fourth consecutive day on Friday, with a nearly 3% rebound from 7-month lows. The Nifty50 closed at 23,508, gaining 1.1% on Friday, while the Sensex ended at 77,501, marking a weekly gain of over 1.7%.

Smallcap stocks saw their worst monthly decline in nearly three years as market sentiment remained cautious.

Fiscal Deficit Update

India’s fiscal deficit for April-December stood at ₹9.14 trillion (56.7% of the estimate for FY25), as per the latest government data.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Stocks to Watch on Feb 01: Sun Pharma, IndusInd Bank, Inox Wind, ONGC and More in Focus

Sensex and Nifty50 are set to react to Budget 2025 proposals in a special trading session on Saturday, February 1, 2025. Finance Minister Nirmala Sitharaman will present her eighth budget, the second under Modi 3.0. GIFT Nifty Futures were last seen at 23,533, down 87 points from Nifty50 futures.

On Friday, the market closed on a strong note, with the BSE Sensex rising 740 points (0.97%) to 77,500.57, while the Nifty50 gained 258 points (1.11%) to settle at 23,508.40.

Here are the key stocks to watch today: 

  • Sun Pharmaceutical

Sun Pharmaceutical Industries reported a Q3 net profit of ₹2,900 crore, up from ₹2,520 crore year-on-year (YoY), surpassing the estimated ₹2,880 crore. EBITDA increased to ₹4,008 crore from ₹3,480 crore YoY, with margins improving to 29.3% from 28.08%.

  • IndusInd Bank

IndusInd Bank posted a Q3 net profit of ₹1,400 crore, down from ₹2,298 crore YoY but beating estimates of ₹1,271 crore. Revenue increased to ₹12,800 crore from ₹11,572 crore YoY. Gross NPA rose to 2.25% from 2.11% in the previous quarter, while net NPA stood at 0.68% compared to 0.64%.

  • Bandhan Bank

Bandhan Bank saw a decline in Q3 net profit to ₹430 crore from ₹730 crore YoY and ₹940 crore quarter-on-quarter (QoQ). Revenue grew to ₹5,480 crore from ₹4,665 crore YoY. Gross NPA remained steady at 4.68%, while net NPA slightly improved to 1.28%. Provisions rose significantly to ₹1,380 crore from ₹610 crore QoQ.

  • Oil & Natural Gas Corporation (ONGC) 

Oil & Natural Gas Corporation (ONGC) reported a Q3 net profit of ₹8,240 crore, down from ₹11,980 crore QoQ, missing estimates of ₹9,760 crore. Revenue stood at ₹33,720 crore, largely stable from the previous quarter.

  • Inox Wind

Inox Wind posted a significant jump in Q3 net profit to ₹117 crore from ₹11 crore YoY and ₹92.89 crore QoQ. Revenue surged to ₹911 crore from ₹500 crore YoY, with EBITDA rising to ₹207 crore.

  • Waaree Energies

Waaree Energies secured a notification of award from Solar Energy Corporation of India (SECI) to establish a 90,000 MT per annum green hydrogen production facility under the SIGHT Scheme.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

BSE and NSE Open on Budget Day, February 1, 2025

The Indian stock markets are open for trading on Saturday, February 1, 2025, as Finance Minister Nirmala Sitharaman presents the Union Budget 2025-26.

Trading Timings on Budget Day

According to a circular from the National Stock Exchange (NSE), trading will follow the usual schedule from 9:15 AM to 3:30 PM.

Why Are Markets Open on a Saturday?

Stock markets in India are usually closed on weekends. However, in special cases like Budget Day, trading is allowed. A similar exception was made on February 1, 2020, and February 28, 2015, when the Budget was also presented on a Saturday.

For pre-market trading, the NSE will operate from 9:00 AM to 9:08 AM.

BSE to Remain Open With a Special Trading Schedule

The Bombay Stock Exchange (BSE) has also confirmed that markets will be open for regular trading hours on February 1, 2025. Additionally, BSE indices will be calculated on this special trading day.

Key Trading Timings on Budget Day

  • Block Deal Session 1: 8:45 AM – 9:00 AM
  • Special Pre-Open Session (For IPO & Relisted Securities): 9:00 AM – 9:45 AM
  • Call Auction for Illiquid Stocks: 9:30 AM – 3:30 PM (Six one-hour sessions)
  • Block Deal Session 2: 2:05 PM – 2:20 PM
  • Post-Closing Session: 3:40 PM – 4:00 PM
  • Trade Modification Cut-Off Time: 4:15 PM

Important Dates for the Budget Session

  • February 1: FM Nirmala Sitharaman presents the Union Budget 2025 in Parliament.
  • February 3-4: Lok Sabha discusses the Motion of Thanks to the President’s address.
  • February 6: PM Narendra Modi is expected to reply to the debate in Rajya Sabha.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Top Gainers and Losers on January 31, 2025: Tata Consumer Lead Gainers and Bharti Airtel Lead Losers

On January 31, 2025, the stock market continued its upward trend for the 4th straight session as Finance Minister Nirmala Sitharaman presented the Economic Survey 2024-25 in Parliament. The BSE Sensex touched an intraday high of 77,549.92 before closing at 77,500.57, gaining 740.76 points (0.97%).

Similarly, the NSE Nifty50 rose by 258.90 points (1.11%) to end at 23,508.40. During the day, it traded between 23,530.70 and 23,277.40.

Here are the top gainers and losers on January 31, 2025. 

Top Gainers of the Day

Symbol Open High Low LTP %chng
TATACONSUM 970 1,031.20 967.9 1,027.00 6.24
BEL 283.9 294.2 281.6 294 5.47
TRENT 5,569.00 5,817.65 5,527.75 5,765.00 4.61
COALINDIA 379.5 396.95 374.65 396.5 4.49
LT 3,501.05 3,590.00 3,481.05 3,564.00 4.18
  • Tata Consumer surged 6.24% to ₹1,027, touching an intraday high of ₹1,031.20.
  • BEL gained 5.47% to ₹294, after opening at ₹283.90.
  • Trent advanced 4.61% to ₹5,765, hitting ₹5,817.65 during the session.
  • Coal India rose 4.49% to ₹396.50, trading between ₹374.65 and ₹396.95.
  • L&T climbed 4.18% to ₹3,564, after fluctuating between ₹3,481.05 and ₹3,590.00.

Top Losers of the Day

Symbol Open High Low LTP %chng
BHARTIARTL 1,639.10 1,639.10 1,574.25 1,627.35 -0.82
ITCHOTELS 155.1 167.9 155.1 162 -0.77
JSWSTEEL 949.75 959.9 940.55 944.7 -0.65
ICICIBANK 1,254.50 1,256.00 1,239.10 1,252.95 -0.21
BAJAJFINSV 1,713.60 1,753.70 1,698.20 1,742.35 -0.16
  • Bharti Airtel dipped 0.82% to ₹1,627.35, hitting a low of ₹1,574.25.
  • ITC Hotels declined 0.77% to ₹162 after reaching ₹167.90 intraday.
  • JSW Steel slipped 0.65% to ₹944.70, trading between ₹940.55 and ₹959.90.
  • ICICI Bank edged down 0.21% to ₹1,252.95 after touching a low of ₹1,239.10.
  • Bajaj Finserv saw a marginal drop of 0.16% to ₹1,742.35, fluctuating between ₹1,698.20 and ₹1,753.70.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Economic Survey 2025: India Eyes 6.3-6.8% GDP Growth in FY26 and Other Key Highlights

Union Finance Minister Nirmala Sitharaman presented the Economic Survey 2025 in Parliament on January 31. The report highlights India’s expected GDP growth of 6.3-6.8% in FY26, despite global uncertainties. It also projects controlled inflation, stable financial markets, and strong contributions from all major sectors.

This survey follows the Economic Survey 2024, which was presented in July 2024 after the General Election. Prepared by the Department of Economic Affairs under Chief Economic Advisor V. Anantha Nageswaran, the report provides an overview of India’s economic performance and outlook for the upcoming financial year.

Key Highlights of Economic Survey 2025

Here are the key highlights of the Economic Survey 2025:

Economic Survey 2025 Key Highlights

1. Indian Economy Remains Resilient

India’s economy is projected to grow at 6.4% in FY25, close to the 10-year average. The expected GDP growth for FY26 is between 6.3% and 6.8%. The Gross Value Added (GVA), which measures overall economic productivity, is also set to grow by 6.4% in FY25.

2. All Sectors Driving Growth

  • Agriculture continues to perform well, staying above its long-term average.
  • The industry has recovered and is now growing beyond pre-pandemic levels.
  • Services have returned to their historical growth trends.

3. Inflation Under Control

Retail inflation dropped from 5.4% in FY24 to 4.9% in April-December 2024. Despite food inflation challenges due to supply disruptions and extreme weather, the government’s buffer stock policies and market interventions have helped stabilise prices. The Reserve Bank of India (RBI) and IMF expect inflation to reach 4% by FY26.

4. Strong Financial Sector

  • The Gross Non-Performing Assets (GNPA) ratio of commercial banks fell to 2.6% in September 2024, a significant improvement from FY18 levels.
  • The credit-to-GDP gap has narrowed, reflecting sustainable bank lending growth.
  • The insurance market grew by 7.7% in FY24, reaching ₹11.2 lakh crore.
  • The pension sector saw a 16% increase in subscribers (YoY) as of September 2024.

5. Foreign Investment and Exports Grow

  • FDI inflows increased by 17.9% YoY in FY25, reaching $55.6 billion in the first eight months.
  • Total exports (goods and services) grew by 6% YoY in FY25 despite global challenges.
  • India’s external debt remains stable at 19.4% of GDP as of September 2024.

6. Push for Economic Deregulation

The survey emphasises removing regulatory hurdles to support India’s long-term growth. It calls for “Ease of Doing Business 2.0”, focusing on simplifying business rules and reducing government interference.

7. Focus on Infrastructure Investment

  • The government’s capital spending on infrastructure grew 38.8% from FY20 to FY24.
  • Post-election, capital expenditure picked up between July and November 2024, helping accelerate projects.

8. Industrial Growth Led by Electricity & Construction

  • The industrial sector grew by 6.2% in FY25, driven by electricity and construction.
  • Steel production rose by 4.6% (April-November FY25), and automobile sales jumped 12.5% in FY24.
  • Electronics manufacturing grew at 17.5% CAGR from FY15 to FY24.
  • Textile exports totalled $35.87 billion in FY24, while pharmaceutical turnover reached ₹4.17 lakh crore.

9. Skill Development for the Services Sector

The service sector’s contribution to GDP increased from 50.6% in FY14 to 55.3% in FY25. The survey stresses skill development and simplifying regulations to boost both manufacturing and services.

10. Support for Agriculture and Food Security

  • Agriculture remains a key part of the economy, contributing 16% of GDP in FY24.
  • The government is focusing on minimum support prices (MSP), credit access (Kisan Credit Card), and subsidies (Modified Interest Subvention Scheme – MISS).
  • PM-KISAN has benefited over 11 crore farmers, providing direct income support.
  • PM-KISAN Maandhan Yojana, which offers pensions to farmers, has enrolled 23.61 lakh farmers so far.

Conclusion

The Economic Survey 2025 presents a positive outlook for India’s economy despite global uncertainties. Controlled inflation, strong banking health, rising investments, and infrastructure growth are expected to support GDP expansion. The government’s focus on deregulation, skill development, and agriculture will further strengthen India’s growth trajectory in FY26.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.