Market expert Digant Haria observes India’s financial sector’s mixed performance. IndusInd Bank is consolidating post-turbulence, while life insurers are entering a market-linked returns phase. Reliance Industries faces limited upside due to scale and stake sales, and HDFC Bank needs more quarters to regain growth momentum.
US Stocks: Nasdaq, S&P end lower as tech megacap declines outweigh upbeat chip outlook
Indian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech’s AI spending concerns, the Dow edged higher.