UAE’s exit from OPEC+ coordination has little short-term oil impact. Geopolitical issues dominate. Markets have rallied, but easy gains are over. Selectivity is key, favoring AI capex and select energy and healthcare stocks. The Fed is unlikely to pivot soon. Earnings will drive markets, but Middle East risks remain.
Supply chain stress to reflect in earnings over next few quarters: Raunak Onkar
Markets are oscillating between sentiment and fundamentals, with global disruptions impacting near-term earnings. Raunak Onkar of PPFAS Mutual Fund highlights that while growth expectations are