Asian equities saw gains on Friday as resilient US labor market data lifted investor confidence. Markets in Japan, South Korea, and Australia were bolstered, and US stocks had a significant rally. Jobless claims in the US were lower than anticipated, easing recession fears and encouraging investment in riskier assets, including cryptocurrencies.
Should you buy the dip? Strategist Anand James shares his weekly stock strategy
Market expert Anand James suggests caution following recent volatility. He notes the Nifty needs to break above 24,140 for a confirmed upswing. IT stocks are