Indian stocks and the rupee saw a rebound on Thursday. This recovery followed US President Donald Trump’s remarks easing concerns over tariffs on Europe. The NSE Nifty and BSE Sensex closed higher, snapping a losing streak. The Indian rupee also recovered against the dollar. Geopolitical anxiety lessened, impacting gold and silver prices. Foreign portfolio investors continued to sell shares.
Realty weakness overdone, midcap correction throws up long-term opportunities: Sandip Sabharwal
Market expert Sandip Sabharwal suggests real estate stock pessimism may be misplaced due to accounting practices, highlighting DLF, Godrej Properties, and Prestige as selective buying