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.
Sterlite Tech, HFCL gain 5% each on reports of US ban on Chinese data centre devices
Shares of Sterlite Technologies and HFCL rallied 5% each after reports that the US administration is considering restrictions on Chinese data centre equipment imports. The