Amidst regulatory actions impacting exchanges and brokers, money managers suggest asset management companies (AMCs) as a safer investment in India’s capital markets. While broking stocks face potential degrowth, AMCs are expected to benefit from consistent inflows. Selective exposure to banking stocks with AMC subsidiaries is also recommended due to attractive valuations.
Qatar halts output: LNG firms tank 5-10% on supply concerns
Liquefied natural gas company shares are falling sharply. Qatar, a major gas supplier to India, has stopped production. This follows an Iranian drone attack on