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Nilesh Shah, MD of Kotak AMC, suggests that Indian investors should explore global opportunities in innovative technologies. He highlights the rapid advancements in energy and pharmaceutical sectors, emphasizing the need for diversified investments to mitigate risks. Shah advocates for increasing the overseas investment limit for mutual funds, enabling Indians to participate in potentially high-growth sectors like disruptive technologies.
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Earnings have been a little underwhelming. And US bond yields have shot up and that technically, obviously and that has added to a rich valuation. All these three factors are obviously creating what they are creating right now in the market
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Adani Ports shares fell 4% to 1,336.30 after reporting October cargo handling of 37.9 MMT, while year-to-date cargo volume rose 8%, driven by strong container and liquid growth.
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News and Media
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