Rajat Sharma of Sana Securities favors value investing. He sees buying chances in HDFC Bank and ICICI Bank. Long-term prospects are strong for IT stocks like Infosys and Birlasoft. Defence stocks are viewed with caution due to high valuations. FMCG sector may see earnings-led upside. Sharma’s strategy focuses on fundamentals for long-term gains.
US stocks today: Dow soars 800 points to hit record as Iran optimism offsets chip slump, weak jobs data
Wall Street closed higher with the Dow hitting a record, lifted by easing Iran war concerns and gains in healthcare and financial stocks. However, weak