India’s equity markets are poised for a positive turn as economic challenges recede, according to Prashant Jain. He highlights strong domestic fundamentals, improving external balances, and reasonable valuations, particularly favoring large-cap banking and IT stocks. Jain sees value in the IT sector despite near-term pressures and believes large private banks offer compelling opportunities as foreign selling eases, suggesting largecaps are set to outperform.
US stocks: Dow rockets 1,100 points, S&P over 2% as oil slide cools inflation worries; Nvidia slumps
US stocks experienced a notable upswing on Monday following a decline in oil prices that calmed inflation worries and propelled market growth. The S&P 500
November 9, 2026