Asian equities were expected to rise as markets reacted positively to a delay in potential US tariffs, raising hopes for negotiations. This optimism led to gains in Australia, Japan, and Hong Kong, and a record high for global stocks. Meanwhile, US President Donald Trump indicated possible reciprocal tariffs on trading partners.
Mid- and small-cap pressure persists as valuation concerns deepen: Harsha Upadhyaya
Amidst DII buying and FII outflows, mid- and small-cap corrections are driven by valuation and earnings realities, according to Harsha Upadhyaya. He advises caution in