India’s sovereign rating upgrade by S&P is expected to lure back FIIs, boosting sectors like NBFCs and banks. Despite FII selling, DIIs remain strong buyers, fueled by robust SIP inflows. Experts suggest focusing on consumption-driven sectors like FMCG, autos, and travel, anticipating a demand revival spurred by government initiatives and RBI easing.
US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pauses
US stocks ended mixed as the Dow hit a record closing high driven by healthcare and consumer gains, while tech and chip stocks lagged. Banking