Anshul Saigal of Saigal Capital anticipates a breakout in Non-Banking Financial Companies. Regulatory actions have tempered NBFCs, but regulators aim to boost them. Housing finance and general lenders are expected to perform strongly. Manufacturing is experiencing a surge, driven by the Atmanirbhar Bharat initiative and the China plus one strategy. This sector is poised for significant growth and wealth creation.
US stocks: US market drops as Trump’s rejection of Iran peace plan lifts oil prices
Following President Trump’s dismissal of Iran’s peace proposal, US market indexes experienced a downward trend, spurred by a notable surge in crude prices. This escalation