Rising India-Pakistan tensions have rattled investor sentiment, causing a sharp market selloff. Analysts say the impact appears short-term and sentiment-driven, with a potential rebound likely next week. Weak earnings momentum, particularly in IT and FMCG, adds to market concerns. Mid- and small-cap valuations remain stretched, and policy uncertainty is expected to keep equity market volatility elevated.
Global Market: US weekly jobless claims drop more than expected
US unemployment claims saw a sharper-than-expected drop last week, signaling continued labor market strength. Despite this positive sign, a rise in continuing claims suggests employers