Asian markets saw continued declines despite a temporary recovery driven by dip-buying. US futures dropped, while Japan’s Nikkei and Topix fell sharply, entering bear market territory. The yen weakened, impacting Japanese stocks. Treasury yields remained stable, and oil prices fell on reports of increased US inventories.
CG Power’s growth momentum strong, but valuation comfort missing: Sandip Sabharwal
CG Power expands its switchgear production, signaling strong demand in the power equipment sector. However, market expert Sandip Sabharwal warns that valuations for companies like