Wall Street indexes closed higher on Monday. Nasdaq led gains driven by technology stocks. Investors focused on artificial intelligence and future interest rate cuts. Concerns over a potential US government shutdown were largely overlooked. Market experts noted investor focus on economic resilience. This positive sentiment propelled major indices upwards.
Macro headwinds are behind us; largecaps poised to outperform: Prashant Jain
India’s equity markets are poised for a positive turn as economic challenges recede, according to Prashant Jain. He highlights strong domestic fundamentals, improving external balances,