Devina Mehra, Founder of First Global, encourages Indians to consider global investing through RBI’s liberalised remittance scheme instead of relying solely on gold. She highlights the importance of diversifying investments globally, including tech and pharma sectors, and the growing significance of consumption services like Swiggy and Zomato. She also announces the release of her book covering her market learnings.
US stocks: US market closes down sharply after Fed holds rates unchanged
Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports.