Asian stock futures rose as hopes for a US government shutdown deal emerged, though caution persists due to tech stock valuations and a lack of economic data. Senate Republicans plan to test support for a spending package, but Democratic backing remains uncertain. Chinese inflation data will also be a key focus.
Nifty’s 2 pillars now facing structural headwinds: Ravi Dharamshi’s warning on IT & consumption
His warning carries weight. ValueQuest has been quietly repositioning for months by moving capital away from consumption-oriented exposures and steering clear of IT services entirely,