Market expert Amit Khurana offers insights on key corporate and regulatory developments. Sun Pharma’s acquisition is seen as strategically sound, though debt requires careful management. Paytm Payments Bank’s license cancellation has limited impact on its core business. Banks show stable earnings with upside potential, while NBFCs face stretched valuations. Consumption and select sectors present opportunities.
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
October 2, 2026