Market veteran Sunil Singhania explains the West Asia conflict’s amplified impact on Indian equities, driven by oil price surges and supply route disruptions. He highlights the interconnectedness of oil, rupee, and global flows, asserting that most risks are now priced in. Singhania remains optimistic about India’s long-term prospects, citing strong GDP growth and attractive valuations.
Sterlite Tech, HFCL gain 5% each on reports of US ban on Chinese data centre devices
Shares of Sterlite Technologies and HFCL rallied 5% each after reports that the US administration is considering restrictions on Chinese data centre equipment imports. The