Indexes in Japan and Australia fell as did equity-index futures for US stocks in early Asian trading. Both the S&P 500 and Nasdaq 100 tumbled the most in two weeks on Wednesday. The dollar extended its gain while the Mexican Peso and the Canadian dollar slipped. Toyota Motor Corp. and Hyundai Motor Co. were among automakers slumping in Asia. Shares of Ford Motor Co. fell 4.7% in after-market hours trading while General Motors Co. dropped 6.1%.
ETMarkets Smart Talk: From Solar to Switchgear—Capex Themes Remain Strong, says Arvind Kothari
Arvind Kothari from Niveshaay is optimistic about capital expenditure-driven sectors. He highlights opportunities in defense, textiles, and power. RBI’s rate cut and liquidity measures aim