In 2025, Nifty’s returns are expected to be muted due to high valuations and global uncertainties, including Trump’s policies and rising dollar. CLSA favours commodities and insurance while being underweight on IT, discretionary, industrials, and healthcare. Tata Motors, NTPC, Nestle, and Britannia have been added to its India focus portfolio, with HDFC Bank removed.
Apple briefly tops $5 trillion in market value, second after Nvidia; unveils iPhone leasing scheme
Apple briefly surpassed $5 trillion in market value, becoming only the second company after Nvidia to reach the historic milestone.