Indian equity markets show resilience post-election results. Market expert Sandip Sabharwal notes that governance and policy continuity are key. Banking stocks are consolidating, but asset quality remains strong. The ongoing earnings season reveals select winners, with auto and power equipment manufacturers showing promise. Small and midcaps continue to outperform due to domestic flows, presenting ongoing opportunities.
Global Market: Euro zone bond yields hit near one-month high as oil surge fuels ECB rate hike bets
Euro zone government bond yields reached their highest levels in nearly a month. This rise followed a sharp jump in oil prices and heightened inflation