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Mid-size motorcycle maker Royal Enfield on Tuesday reported a 34 per cent jump in total sales at 1,01,021 units in March, as compared to 75,551 units in the same month last year. Domestic sales were at 88,050 units last month, as against 66,044 units in March 2024, up 33 per cent, Royal Enfield said in a statement. Exports grew by 36 per cent at 12,971 units, as compared to 9,507 units in the year-ago month. In the fiscal 2024-25, the company said it posted its highest-ever annual sales crossing the 10 lakh units mark. The company's total sales in FY25 was at 10,09,900 units, as against 9,12,732 units in FY24, up 11 per cent, it said. Domestic sales in FY25 was at 9,02,757 units, as against 8,34,795 units in FY24, a growth of 8 per cent. Exports grew by 37 per cent at 1,07,143 units in FY25, from 77,937 units in FY24, the company said. "This year has been nothing short of extraordinary for Royal Enfield. Crossing the 1 million annual sales milestone, our highest ever, is a testament to how far we've come," Royal Enfield Chief Executive Officer and Eicher Motors Managing Director B Govindarajan said. He further said, "From a time when 50,000 motorcycles a year felt like a big win to now setting new global benchmarks in the mid-size segment, our journey has been incredible." On the global front, the company continues its expansion. The launch of Thailand assembly plant and entry into Bangladesh mark important steps in strengthening international presence, Govindarajan added.

The Indian stock market experienced a roller-coaster ride in the financial year ended March 31, 2025, as aggressive selling by overseas fund managers in the second-half of the year weighed on sentiment. 119833938Despite this, the Nifty 50 index managed to close FY2025 with a 5.3% gain, while the Nifty Midcap 150 and Smallcap 250 rose 5.73% and 2.32%, respectively. Foreign portfolio investors (FPIs) offloaded shares worth Rs 1.25 lakh crore during the year. 119833946The resilience of Indian equities was driven by strong domestic investor participation, with mutual funds and retail investors pumping in a record Rs 6 lakh crore into the market. 119833955Sectorally, the Nifty Defence index emerged as the top performer, surging 33% in FY2025, while Financials and Healthcare indices recorded gains of 18% and 12%, respectively. On the flip side, Media, Energy, PSU Banks, and Realty indices underperformed, delivering negative returns during FY25.

Mumbai: Yields on the 10-year benchmark government securities are expected to ease 25 to 30 basis points to 6.25% to 6.30% in FY 26, building on last fiscal year's rather steep decline, amid expectations of further reductions in the policy repo rates and strong demand for bonds, experts said. Rates on home loans will likely ease, after being at a peak for three years.The 10-year benchmark yield closed at 6.57% on Friday, the last trading day of FY25. Over this financial year, the 10-year yield softened 47 basis points, its steepest retreat in five years, according to LSEG data."There are tailwinds that should bring down the benchmark yield and our December 2025 forecast is 6.30% and yields could also soften further," said Dhiraj Nim, economist & FX Strategist at ANZ Bank. "From a fiscal supply perspective, we are pretty disciplined and expectations of a fiscal deficit at 4.4% of GDP are supporting the market. From a demand perspective, banks will probably have a stronger appetite for bonds."119833718Softer government bond yields reduce overall boring costs for companies, as g-sec yields are used as a benchmark for corporate bonds.The announcement of the borrowing calendar for the first half of FY 26 also supported softening of yields as it was in line with market expectations of 54% to 55%. The government would be borrowing 54% - ₹8 lakh crore - of the total borrowing in FY26 during the first half.Heightened expectations of a rate cut are fueling softening of sovereign yields."Against the consensus view of approximately 50 basis point of additional easing, we continue to expect 75 basis point of further cuts to a terminal rate of 5.50% by end-2025, with 25 basis point cuts each in April, June and August," Nomura said in a recent report. RBI cut its repo rate by 25 basis points to 6.25% in February. This was followed by banks cutting interest rates of loans linked to the repo rate, like interest rates on the home loan.