UBS India

Capex guidance per dark store has risen to around ₹2.5 crore from ₹1 crore as newer facilities exceed 5,000 sq ft and carry wider product assortments

Shriram Finance (up 28 per cent), Eicher Motors (up 22 per cent), Cholamandalam Financial Holdings (up 19 per cent) and M&M (up 19 per cent) have outperformed Nifty 50 this far in FY27, data shows.

Aluminium remains is UBS' preferred sub-sector, that offers a mix of earnings growth (cyclical tailwinds), valuation support, and potential to deleverage.

Besides Wood, analysts at Bernstein and UBS, too, have reiterated their cautious stance on Indian equities. Those at Bernstein cut their rating on India to 'neutral'

Stance stems from weak nominal GDP momentum, stretched valuations, lack of clear AI beneficiaries

From near 90 per dollar levels currently, UBS's forecast implies a roughly 2 per cent depreciation over three months, well beyond the March ​forward rate that's near 90.55

Most brokerages remain optimistic on the road ahead for the Indian equity markets and expect the Sensex to hit new highs in 2026 provided earnings remain supportive

From a stock market perspective, however, UBS remains underweight on Indian equities as valuations in their view still look expensive relative to the ordinary fundamental performance of companies.

Chhaochharia explained that India remains underweight because of near-term earnings and stronger growth in other EM countries

At the bourses, meanwhile, the stock has been an outperformer, rallying nearly 16.5 per cent thus far in calendar year 2025 (CY25) as compared to 0.7 per cent gain in the BSE Oil & Gas index

BHEL share price rose over 2.5 per cent after UBS initiated a 'Buy' coverage on the stock, with about 40 per cent upside

The OECD cuts India's FY26 growth forecast to 6.3%, citing risks from rising US tariffs and trade tensions, but expects private consumption to strengthen with rising incomes and moderate inflation

UBS ups India's economic growth outlook on strong Q4 performance, rural demand rebound, easing trade tensions, and low oil prices

360 ONE Wealth and Asset Management Ltd (360 ONE) on Tuesday said it proposes to acquire wealth management business of UBS India. Under the proposed deal, Switzerland-headquartered UBS India will pick up a 4.95 per cent stake in 360 ONE through warrants, according to an exchange filing. As part of this collaboration, it is proposed that clients from both institutions will have access to onshore and offshore wealth management solutions, 360 One said in a regulatory filing. Potential collaborative opportunities for asset management products and investment banking services will also be explored, it said. In addition, 360 ONE will acquire UBS's onshore wealth management business in India through its subsidiaries, it said. UBS will also purchase warrants amounting to 4.95 per cent stake in 360 ONE, demonstrating UBS's commitment to the fast-growing ultra and high-net-worth Indian market, it said. The entire transaction will be subject to the necessary regulatory approvals, it added.

360 ONE WAM share price today: At 12:31 PM, 360 ONE WAM shares was trading 1.83 per cent higher at ₹ 971.15 per share on the BSE. In comparison, the BSE Sensex was up 0.29 per cent at 79,641.3

UBS expects consumer sector to rebound in fiscal 2025-26 (FY26). Prefers Hindustan Unilever (HUL), Britannia, GCPL, Colgate, Trent and others; suggests selling Asian Paints, Dabur

SBI share price: Among the two, however, UBS is more bullish on Bank of Baroda stock due to inexpensive valuations

Swiss investment bank UBS believes an accommodative monetary policy could help India sustain growth amid rising global uncertainties and trade disputes

Here's how leading brokerages have interpreted the development, and their expectations from Sanjay Malhotra as regards key rates and maintaining a balance between growth and inflation

Company says brokerage's report on sales does not give 'full or accurate picture'