India’s investment landscape is diversifying, driven by market growth and rising financialization, according to Vikas Khemani. He anticipates the coexistence of various investment styles, mirroring trends in mature markets like the US. Khemani expresses strong optimism about India’s wealth creation cycle, highlighting opportunities as the nation’s GDP expands, with domestic investors playing a crucial role.
US Stocks: Nasdaq, S&P end lower as tech megacap declines outweigh upbeat chip outlook
Indian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech’s AI spending concerns, the Dow edged higher.