Despite recent significant market corrections, Bernstein is cautious in predicting a broad buying opportunity in the Indian market. Both Sensex and Nifty have experienced notable declines since late September, but the brokerage sees potential in selective large-cap stocks, particularly in the power and information technology sectors.
Volatile yen draws intervention watch, other currencies subdued
In response to last week’s notable drop, currency markets have been closely monitoring the yen. Reports suggest that Japanese officials are conducting rate checks, hinting