Big Review: HDFC Securities Annual Report Creates Buzz in media
By HDFC SKY | Updated at: Apr 10, 2026 08:41 PM IST
Mumbai, April 10: The HDFC Securities “Big Review 2026” report got traction across media platforms, with leading business dailies like The Economic Times, Mint, The Hindu Business Line and websites like MoneyControl in addition to news agencies like ANI, PTI, IANS covering the report launch and adding depth to the evolving narrative around macro stability, market correction, and emerging recovery opportunities.
Business daily Mint also carried list of stocks to invest and avoid in FY27. Media outlets also carried video interaction with HDFC Securities MD and CEO Dhiraj Relli along with Chief Research Officer – Equities Varun Lohchab.
Economic Times: Coverage by The Economic Times closely aligned with the report’s strategic tone, indicating that markets may be entering an opportunity phase.
“Markets tend to have a short memory. Once stability returns, focus will shift back to domestic drivers such as consumption, monsoon, and economic growth,” it said quoting Relli.
He also highlighted risks, “Elevated crude prices are creating a cascading impact across inflation, interest rates, and corporate earnings.”
At the same time, he pointed to improving conditions, “As a result, downside risks appear limited even in adverse scenarios, while upside potential remains meaningful.”
Mint: Mint report focused stocks to invest and which sectors to avoid on the basis of the HDFC Securities Big Report.
You can read the Mint report: https://www.livemint.com/market/stock-market-news/fy27-playbook-hdfc-securities-identifies-where-to-invest-and-which-sectors-to-avoid-11775714445958.html
MoneyControl: Markets could hit all-time high near Diwali after 18-month correction: Dhiraj Relli, HDFC Securities
The website carried a report quoting Relli that “Nifty could hit its record of 26,373.20 later this year.” Domestic investors are expected to lead the recovery. Mutual funds are sitting on sizeable cash buffers, and there are early signs of a shift toward higher-quality stocks, particularly in large caps. Buying interest is already visible in sectors where valuations corrected despite limited direct earnings impact.
The Hindu Business Line: In its report titled, “Nifty 50 May Reclaim Record High This Fiscal”, highlighted a constructive outlook on Indian equities, supported by improving valuations, resilient macro fundamentals, and expectations of steady earnings growth.
ANI: Titled “Worst of Rupee Depreciation May Be Over”, ANI (Asian News International) report focused strongly on macroeconomic stability, currency trends, and policy outlook.
“The worst of the rupee depreciation may be over,” it said quoting Varun Lochhab, Chief Research Officer – Equities, HDFC Securities.
On the policy front, Dhiraj Relli, MD & CEO, HDFC Securities, stated, “The RBI’s monetary policy announcements… are seen as reasonable and constructive, with no immediate interest rate hikes anticipated.”
PTI: In its report and Tweet the Press Trust of India (PTI), the report flagged India’s dependence on oil imports and the implications for inflation and interest rates.
“We have a large dependence on oil import… higher oil prices can lead to higher inflation, higher interest rates.”
PTI reported that the RBI has adopted a conservative and data-driven approach, with projections indicating 6.9% GDP growth and 4.7% inflation for FY27.
Relli noted, “RBI do a lot of detailed assessment of global as well as Indian macro situation… their policy decisions will also be more data-driven.”
Link: https://x.com/PTI_News/status/2041869829511246280
IANS: Coverage by IANS highlighted the report’s emphasis on market correction and improving risk-reward dynamics.
“We have been witnessing a significant downturn in the last 18 months… we see a significant opportunity for investors as the risk reward ratio is favourable after price and time correction,” the agency posted a video quote by Relli.
The report noted that despite geopolitical disruptions, markets are transitioning into a phase where valuations have become more attractive, supporting a constructive medium-term outlook.
Link: https://x.com/ians_india/status/2041877392931877047
Business Today: The website carried a video quote of HDFC Securities Head of Institutional Equities Unmesh Sharma who shared his views on RBI’s policy stance, inflation outlook, and investment strategy amid global uncertainty.
The report was carried in Hindi dailies like Dainik Bhaskar, Business Standard Hindi, Navbharat Times, MoneyControl Hindi CNBCTV18 Hindi.
Video link: The Big Review: HDFC Securities’ Expert Guide to Indian Equities & Macro Outlook 2026
