ED Yardeni of Yardeni Research links the Nvidia-led tech selloff to a monopoly investigation rather than fears of an economic slowdown. He argues that the US economy is returning to pre-pandemic norms and anticipates strong employment figures. Yardeni also contrasts China’s current economic challenges with India’s potential for significant growth in the coming years.
PSU banks attract strong FII, DII interest as promoters reduce exposure: Motilal Oswal
Public Sector Undertaking banks are now favourites. Foreign Institutional Investors and Domestic Institutional Investors are showing increased interest. FII stakes in PSU companies rose to