UBS India

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'

UBS believes Swiggy is well positioned to benefit from the rapid growth in India's food delivery and quick commerce markets with an estimated GMV and revenue CAGR of 35% and 29% over FY24-27e.

Shares of Swiggy ended at Rs 462, valuing the company at Rs 1.03 trillion

Chhaochharia highlighted that FY25's weak earnings growth is now being factored into market expectations

Hero MotoCorp share: According to UBS, the market's optimism around Hero MotoCorp's rural demand revival in commuter motorcycles, and a perceived turnaround in its premium 2-wheeler sales is misplaced

The market's expectation of a demand recovery for SRF's chemical segment will be met with disappointment, UBS said

UBS reckons that the consensus has not fully factored in growth drivers such as higher penetration in EV and aluminium forging, rising contributions from acquisitions and new business in earth moving