European shares hit a record high, marking their longest monthly winning streak since 2012-2013, buoyed by positive corporate updates. However, heavyweight banks experienced a significant decline due to concerns over private credit markets and potential AI disruptions. Defensive sectors like healthcare and food and beverage saw gains as investors sought stability.
Bottom-up stock opportunities emerge as markets consolidate post-correction: Sudip Bandyopadhyay
Sudip Bandyopadhyay highlights selective bottom-up investment opportunities in chemicals, defense, energy, retail, and telecom sectors amid market consolidation and improving corporate fundamentals. FIIs show early