Wall Street’s semiconductor index slipped into bear market territory after tumbling more than 20% from its June peak, raising fresh questions over the sustainability of the AI-driven rally. A new AI model from China’s Moonshot and concerns over heavy AI spending triggered a broad selloff across global technology stocks.
Motilal Oswal sees surging steel prices to offset cost inflation for metal majors. Here are its top stock picks
Motilal Oswal expects firm steel prices, lean inventories and resilient demand to support a shift toward pricing- and cost-led earnings growth for domestic steelmakers. The