Sumit Bhatnagar of LIC Mutual Fund AMC asserts India’s growth story remains intact despite FII selling, viewing current corrections as healthy entry points for long-term investors. He highlights the US Fed rate cut’s potential to boost liquidity and FII inflows, while DIIs provide market resilience. Bhatnagar favors domestic growth sectors and sees gold as a strong hedge amid global uncertainties.
Jensen Huang’s Nvidia exit raises fears over the future of AI financing
Nvidia CEO Jensen Huang’s reported departure rattled global markets, triggering concerns over the chipmaker’s leadership, AI investments and data-centre financing strategy. Nvidia shares tumbled, while