Indian equity markets soared to a nine-month peak, propelled by banking stocks and improved investor confidence due to easing geopolitical tensions in West Asia. The NSE Nifty closed at 25,549, while the BSE Sensex reached 83,755.87, marking significant gains. Experts advise investors to focus on reasonably valued large-cap stocks in sectors like banking and cement.
Indian markets struggle to keep pace with global peers amid oil, rupee and geopolitical pressures
Foreign Portfolio Investors have withdrawn significant funds from Indian equities, resulting in notable market losses. Meanwhile, domestic mutual fund inflows have provided some support, mitigating