Indian stock markets fell on Monday. This happened after US military action against Iranian nuclear sites. Infosys, HCL Technologies, and TCS led the decline. This was due to Accenture’s revenue guidance falling short. Investors are watching West Asia tensions closely. They are concerned about oil supply. The market is also monitoring Iran’s potential response and its impact on oil prices.
Like cricket, new crop of entrepreneurs coming from small towns; focus on domestic stories and bottom-up stock ideas: Nilesh Shah
Nilesh Shah of Kotak AMC emphasizes focusing on resilient companies with reasonable valuations amidst global uncertainties. He highlights India’s strong IPO pipeline driven by entrepreneurs