Market strategist Sandip Sabharwal discussed Avenue Supermarts’ high valuations and potential consolidation. He noted Tata Capital IPO’s valuation is expensive despite a positive NBFC outlook. Sabharwal advised selectivity in real estate, favoring companies like DLF, and cautioned about oversupply risks in solar energy while seeing value in beaten-down IT stocks.
US stocks today: US market ends higher, S&P 500, Nasdaq notch biggest monthly gains in years
U.S. stocks surged on Thursday, with the S&P 500 and Nasdaq achieving their largest monthly gains in years. Strong corporate earnings, particularly from tech giants