Indian markets saw a positive trend as US indices, S&P 500 and Nasdaq, hit record highs. Intel shares surged, driving semiconductor stocks higher. Hopes for peace talks between the US and Iran also fueled optimism. Investors are now keenly awaiting the Federal Reserve meeting for clues on interest rates. Strong corporate earnings are supporting the market.
Upbeat earnings bolster case for India stocks as Asia wavers
Indian equities are outperforming Asian peers, supported by stronger-than-expected corporate earnings, improving valuations and renewed foreign investor inflows. September-quarter profits rose 20% among major companies,