Nithin Kamath cautioned that India’s market rally may not reflect a broad bull run, citing weak cash turnover and negative equity inflows. Growth is driven by SIPs and leveraged trading, raising concerns about speculative activity dominating true investment participation.
US stocks: US market ends higher as Amazon soothes AI jitters
Wall Street closed higher on Friday, driven by Amazon’s strong quarterly report. The tech giant’s results eased concerns about AI infrastructure spending. Apple’s stock dropped