Anshul Saigal anticipates a positive market turnaround with reasonable valuations and improving earnings ahead of the festive season. He is bullish on discretionary consumption, defence, and renewables, citing government push and regulatory easing for NBFCs. These sectors are poised for significant tailwinds and growth opportunities.
The U.S. economy is experiencing a puzzling 4% growth with minimal job creation, a phenomenon not seen in 60 years. While corporate capital expenditures soar, the Federal Reserve is easing due to labor market concerns. This dichotomy is attributed to either successful AI implementation amid falling labor supply or broad business caution and a narrow AI-led capex boom.
Hindustan Zinc may gain from silvers 63% rally this year, with analysts noting its exposure is underpriced, offering potential valuation upside for parent Vedanta.
President Trump's 20-point peace plan for Gaza aims to establish a new foundation for Israeli-Palestinian peace and regional normalization. Despite its ambitious goals, the plan faces immense challenges due to unprecedented distrust and the need for genuine commitment from all parties. It is a necessary, yet difficult, path forward.
Saudi Arabia is building renewable energy projects at a fast pace. The country plans to reduce its domestic oil consumption by 2030. This change will make more crude available for export. Project completion rates are now challenging earlier doubts. This development will affect the global oil market. It could lead to an oversupplied market situation.
