Rajat Sharma, Founder & CEO of Sana Securities, advises caution in the overheated energy and energy transition sectors. He recommends considering oil marketing companies like HPCL, BPCL, and GAIL due to favorable oil prices. Sharma believes the power sector in India will perform well but suggests waiting for a market correction before investing.
US Stock: S&P, Nasdaq end lower on semiconductor selloff as AI spending concerns mount
Indian markets mirrored global trends as major indices, including the Nasdaq and S&P 500, closed at over a week’s low on Tuesday. Semiconductor stocks experienced