Amidst tariff uncertainties and a weak earnings season, India faces declining earnings estimates and foreign investor outflows. Manishi Raychaudhuri suggests focusing on domestic issues, favoring private sector banks due to their strong performance and technological capabilities. He also recommends considering select industrials, consumer discretionary stocks, and domestic healthcare services for potential growth.
Jio IPO bids hit 70,000 crore on day 1; outpaces NSE, LIC, GIC issues
The initial public offering of Jio Platforms has attracted impressive attention, with an oversubscription of 3.16 times. Institutional investors were particularly keen, subscribing at a
October 22, 2026