Global markets opened cautiously as geopolitical tensions escalated, boosting demand for safe-haven assets like the U.S. dollar and Treasury bonds. Oil prices experienced a ‘shock trade’ due to uncertainty surrounding the Strait of Hormuz, a critical energy chokepoint. India and China face significant challenges, potentially impacting their trade and economic stability.
Market dips are buying opportunities, focus on emerging trends: Ramesh Damani
Veteran investor Ramesh Damani advises investors to view market dips as buying opportunities, highlighting defence, commodities, and pharmaceuticals as safe havens. He stresses IT sector