Indian equity indices experienced a decline of over 1% on Tuesday, influenced by weak global cues and profit-booking in key sectors ahead of the monthly expiry. Despite the downturn, analysts maintain a bullish outlook. Market sentiment was also affected by uncertainty surrounding Donald Trump’s tariffs and trade agreements, contributing to investor caution.
West Asia tensions rattle capital goods stocks; L&T, KEC slide
Engineering and capital goods stocks are under pressure due to the Iran-Israel conflict, with the BSE Capital Goods index falling nearly 4%. Companies like Larsen