Markets are showing signs of a short-term bottom as geopolitical tensions ease, leading to a sharp equity bounce. Expert Neeraj Dewan sees opportunities in largecap blue chips and PSU banks, while also noting value in private lenders. The recent correction may attract foreign institutional investors back to India, with metals remaining a strong play.
US stocks: Dow closes at record on Mideast optimism; SpaceX, AMD drag Nasdaq
The Dow Jones Industrial Average achieved an all-time high on Wednesday, driven by rising optimism over potential peace talks with Iran. Meanwhile, both SpaceX and