Market expert Sandip Sabharwal identifies ICICI, Axis, and Kotak as top banking picks, citing upside potential. He also sees value in infrastructure stocks like NCC and Ahluwalia Contracts, while highlighting Indian Hotels as a standout in the hospitality sector. Sabharwal advises caution on IPOs, warning of overvaluation and potential retail investor pitfalls.
South Korea’s KOSPI drops 7% as global chipmaker selloff deepens
South Korean stocks experienced a significant decline on Tuesday. This downturn was driven by a global selloff in chipmakers and rising competition from China. SK