Ashwini Agarwal of Demeter Advisors remains optimistic about the Indian market, citing strong domestic flows and expectations of growth fueled by government spending and lower interest rates. While acknowledging stretched valuations, he suggests that a positive surprise, such as a private sector investment surge, could further propel the market.
US stocks: US market closes down sharply after Fed holds rates unchanged
Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports.
July 29, 2026