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.
Oil Price Today (September 30): Crude oil at $104 as Trump rejects easing Iran sanctions. What are experts saying?
Brent crude futures rose $1.14, or 1.11%, to $103.73, while US West Texas Intermediate crude gained 15 cents, or 0.30%, to $89.50 a barrel. Brent