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Global markets show surprising resilience, with the US remaining strong and Europe adopting a more pragmatic approach. Ajay Srivastava advises Indian investors to look beyond domestic valuations, suggesting the US as the prime destination for AI investments. He warns of a potential valuation correction in India if short-selling is introduced, urging investors to be selective and encash exuberance.
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News and Media
Market expert Dipan Mehta stated that the defense sector is mature, with stock prices reflecting order book strength. He advised underweight investors to seek entry points during quarterly disappointments, emphasizing a buy-and-hold strategy. Regarding gold financing, Mehta praised Muthoot Finance's focus and risk management, suggesting temporary uncertainty could offer attractive entry points for long-term investors.
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News and Media
Oswal Pumps Ltd has announced a significant 48% surge in its consolidated net profit, reaching Rs 97.50 crore for the September quarter. This impressive growth is underpinned by a substantial rise in total income, which climbed to Rs 546.48 crore from Rs 310.84 crore in the same period last year.
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News and Media
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