Despite geopolitical tensions and rising oil prices, Nimesh Chandan of Bajaj Finserv AMC believes India’s structural economic story remains intact. Current market corrections offer opportunities for long-term investors, with Financials, Industrials, and Healthcare identified as key sectors poised for growth.
Nasdaq rises 1%, Dow, S&P close higher as weak jobs data tempers rate hike bets
U.S. stocks finished higher following a weaker-than-expected jobs report which eased rate hike expectations. Nonfarm payrolls rose by only 29,000, significantly below economists’ forecasts of