Market direction remains uncertain amid external policy risks, currency volatility, and crude price fluctuations. Short-term focus is on consumer sectors, while long-term opportunities lie in real estate, industrials, and PSU banks driven by consumption and private capex.
US stocks: US market closes down sharply after Fed holds rates unchanged
Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports.