Indian equities have staged a sharp recovery, with Nifty up 9% this month, surprising bears who anticipated a deeper dip. Despite geopolitical tensions, market sentiment has shifted to a ‘buy-on-dips’ approach, with experts suggesting the market is near a bottom. Analysts advise staggered buying as near-term direction depends on Middle East de-escalation, crude oil prices, and foreign flows.
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