HDFC AMC’s Roshi Jain believes near-term market volatility is not a concern for long-term investors. Indian markets offer opportunities. Jain expects earnings growth to remain in double digits. Government capex may slow, but private sector investment is picking up. The auto sector and banks are promising areas for growth. India’s growth story remains intact.
Nifty IT index hits fresh record high; Infosys, LTIMindtree, Tech Mahindra lead the gains
The Nifty IT index hit a record high on Tuesday, rising 1.4% to 44,240, with all 10 constituents in the positive. Infosys led with a