Indian stock markets are experiencing weakness. Experts advise investors to focus on companies with strong earnings growth. The auto and auto ancillary sectors show promise. Mid-sized banks are also performing well. Investors can find opportunities in quality stocks for medium-term gains. Long-term investors can look at sectors like steel.
Dow, S&P 500 slip as oil hovers near $100 despite Nasdaq’s record close
The Dow and S&P 500 declined sharply as oil prices rallied near the $100 mark, causing apprehension among investors. However, the Nasdaq soared to a