Deepak Shenoy, Founder of Capital Mind, emphasizes investing in sectors like defence, manufacturing, consumer durables, and financialisation for India’s growth. He advises shifting focus from expensive FMCG companies to durable goods, which show higher growth potential. Private banks and NBFCs also offer opportunities, with a positive outlook on mid to long-term investments.
Global Market Today: Asian stocks climb after tech shares power Wall Street
MSCI Inc.’s gauge of Asian shares climbed 0.5%, with memory chipmakers Samsung Electronics Co. and SK Hynix Inc. the top contributors to gains. South Korea’s