Market expert Neeraj Dewan shares insights on current market dynamics. He notes mixed earnings, especially in IT and banking sectors. Delay in US tariff settlement and concerns about Russian oil impact market sentiment. Dewan highlights positive domestic factors like good monsoons and improving liquidity. He suggests banking, infrastructure, and capital goods sectors show promise.
US Stock Market: Wall Street indexes hit record highs as oil falls with Strait of Hormuz declared open
Major US stock indices, including the S&P 500 and Nasdaq, closed at record highs Friday, fueled by optimism over Iran’s decision to open the Strait