India's markets regulator is planning more reforms to woo foreign investors, including speeding up registration, reducing the cost of trading in the cash equities market and making it easier to short-sell, its chief said on Wednesday.
Awfis CEO Amit Ramani addressed market concerns, clarifying that company-wide debt stands at 21 crores, a decrease from the previous year, while profitability and EBITDA have seen significant year-on-year growth.
India's earnings season is concluding with results meeting expectations. Management commentary is positive. Government initiatives and a good monsoon are expected to boost demand. Capital expenditure is growing steadily. Consumption is gradually improving. Experts advise a selective, long-term investment approach in sectors like industrials, focusing on solid businesses and valuations.
US equities show resilience as the government shutdown nears its end, prompting sector rotation out of technology. Investors are cautiously optimistic, but concerns over Fed rate cuts, labor market weakness, and high tech valuations, particularly for the Mag-7, are influencing market sentiment.