Indian markets surged on Wednesday, fueled by renewed tech sector strength and growing expectations of a December interest rate cut by the U.S. Federal Reserve. Nvidia’s positive earnings and Dell’s strong forecast boosted investor confidence, overshadowing concerns about tech valuations. Airlines also saw significant gains, signaling a robust holiday shopping season ahead.
Wait for dust to settle before taking fresh bets, says Maulik Patel
Geopolitical tensions and market swings prompt caution for investors. Maulik Patel of Equirus Securities advises patience, suggesting a wait-and-watch approach. He notes current crises differ