Sumit Poddar, from Tikona Capital, discusses the market correction and predicts a better economic outlook in the upcoming 6-12 months. He highlights the benefits of interest rate cuts and government spending, emphasizing small- and mid-cap stocks, and public sector banks as promising areas for investment.
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?
Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $80.42.