Trust MF’s CIO, Mihir Vora, favors healthcare investments in R&D, CDMO, diagnostics, and hospitals, while being cautious about generic US pharma due to margin pressures. He anticipates a revival in the rural economy benefiting FMCG companies. Vora also foresees a multi-year upward cycle in private sector capex driven by PLI schemes and investments in green/blue hydrogen and fertilizer production.
Explained: Why silver prices have crashed 14% this week to hit a 7-month low
Silver has fallen as much as 14% this week, hitting a seven-month low as expectations of US Fed rate cuts fade and bond yields rise.