Asian shares experienced a slight dip, while oil prices briefly surged following U.S. attacks on Iranian nuclear sites, sparking concerns about potential retaliation and its impact on global inflation and economic activity. Investors are closely monitoring the situation, particularly the Strait of Hormuz, a critical chokepoint for oil and gas supplies.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and