Asian stocks displayed cautious trading as investors awaited further market signals, following Wall Street’s recovery from earlier losses driven by easing trade tensions and lower-than-expected US inflation. Tech stocks, particularly Chinese giants like Tencent and Alibaba, are under scrutiny as their earnings reports could offer insights into navigating geopolitical uncertainties.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and