Market strategist Cameron Brandt notes global markets are resilient despite geopolitical concerns, with investor behavior driven by fear of missing out rather than macro risks. While US bond yields are pulling back, Brandt doesn’t foresee a recession, and India’s investment outlook remains positive despite a temporary pause in flows.
Madhusudan Kela-backed fund buys stake in IPO-bound Steamhouse India for Rs 40 crore
Ace investor Madhusudan Kela’s funds, along with Niveshaay Sambhav Fund, have injected Rs 49.99 crore into Steamhouse India via a pre-IPO placement. This strategic investment