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.
Why US stocks are rising: Nasdaq hits record after weaker jobs data cools rate-hike bets; Nike shares drop on forecast
US stocks rose, with the Nasdaq Composite hitting a record high after disappointing jobs data emerged. Lower Treasury yields and declining oil prices contributed to