Sanjeev Prasad discusses the current market, highlighting the lack of substantial value across large-cap, mid-cap, and small-cap indices despite their correction. He points out potential opportunities in the banking sector due to stabilization and growth prospects while cautioning against highly overvalued narrative stocks.
US Stocks: Nasdaq, S&P end lower as tech megacap declines outweigh upbeat chip outlook
Indian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech’s AI spending concerns, the Dow edged higher.