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Samir Arora of Helios Capital is bullish on India's equity markets, anticipating FII return as global allocations shift from the U.S. He notes U.S. market volatility and global diversification create opportunities for India, which has stable fundamentals. Arora expects steady market gains of 10-15%, aligning with corporate earnings, and views gold as a limited hedge.
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China's oil sector faces pressure from US sanctions on Russian energy firms. About 20% of China's crude imports come from Russia. Companies risk secondary penalties if they deal with sanctioned entities. This could cut off access to western banking and global commodity markets. China may lose discounted Russian oil supplies. The situation impacts major oil projects.
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In-person services are returning after widespread closure of traditional bank branches.
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