Investors are reassessing dominant themes like AI, finding comfort in resilient US economic fundamentals and a selective outlook for India. While the AI trade faces skepticism regarding data center ROI, US markets show no immediate red flags. India’s IT services face valuation risks, with a preference for large-cap stocks due to historical mean reversion in mid- and small-caps.
Gold heads for sharpest weekly decline in four months on Fed rate outlook
Gold prices took a hit on Friday amid strong indicators of US economic growth and climbing oil prices. Spot gold prices sank to their lowest