US equities have seen strong gains driven by AI mega-caps. Concerns about market concentration and high valuations are prompting investors to look beyond the US. Asia, including India, South Korea, and Indonesia, shows improving fundamentals. Select European markets, particularly manufacturing and defence, also present compelling opportunities for diversification in the coming months.
WACR tops repo rate for first time in nearly 2 months
Liquidity in the banking sector has contracted to below ₹5 lakh crore, causing the weighted average call rate to rise to 5.31%. The Reserve Bank