Asian stocks declined following a tech-driven dip in the S&P 500, compounded by cautious signals from Federal Reserve officials regarding interest-rate cuts. Jerome Powell highlighted persistent risks in both the labor market and inflation, maintaining flexibility amid pressure for aggressive easing. Oil prices rose due to concerns over Russian supply disruptions.
HDFC Bank, Bharti Airtel among 10 largecap stocks with up to 35% upside potential. Check list
Brokerages remain optimistic on select largecap stocks despite rising geopolitical risks and inflation concerns. Stocks across banking, telecom, auto and infrastructure sectors offer upside potential