Indian markets saw a strong opening on Monday. Financial stocks surged, pushing the Dow Jones Industrial Average to a record high. Energy companies also jumped significantly. Investors are anticipating increased access to Venezuela’s oil reserves. Weapons manufacturers also saw gains. The S&P 500 and Nasdaq also closed higher. Cryptocurrency-linked shares advanced as Bitcoin hit a three-week high.
HDFC Bank, Bharti Airtel among 10 largecap stocks with up to 35% upside potential. Check list
Brokerages remain optimistic on select largecap stocks despite rising geopolitical risks and inflation concerns. Stocks across banking, telecom, auto and infrastructure sectors offer upside potential