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Market move▲ Bullish for Indian equities
Indian stocks face a cyclical correction, not a deeper earnings reset: Mahindra Manulife MF CIO
The brief
- The CIO characterises the market decline as a cyclical correction, not a deeper earnings reset
- Near-term uncertainties include energy price volatility, geopolitical tensions and AI-led impacts
- Reliance Industries fell 25% this year: Which mutual funds have the highest exposure — and should you be worried?
- Only 62 mn invest in MFs despite 500-550 mn UPI users in India: EY report
- Gold and silver ETFs fall as bullion prices slide amid higher yields and Fed rate-hike fears
- Bulls out of steam, it’s slow & steady on D-Street