See low double-digit returns from large caps: Blackrock Investment
It expects corporate earnings to remain strong over the long run, supported by a robust growth backdrop, with policy interest rates likely settling around 5%, down from the current 6.5%. Paul said consumption-related sectors, IT services, real estate and select industrials will benefit from the government incentives to boost onshore manufacturing.
Rupee falls most in a day in two weeks as dollar index firms up
The dollar index strengthened to 107.87 on Tuesday, after it had fallen to 106.96 the previous day, hurt by the selloff in US technology stocks.
Bear Grip: 40% of listed stocks 30-95% off year-highs
When an index falls more than 20% from its 52-week high, it is considered to be in a bear market. The Sensex and Nifty are down nearly 13% from their highs.