India's Stock Market Shows Upside Potential Despite Potential Setback in IT Sector
===============
#7354b9da ver:0.64
Despite a potential setback in the IT sector, India's stock market shows upside potential. HSBC suggests profit-booking in IT stocks due to the expected rate cuts by the Federal Reserve. Inditrade Capital predicts an uptrend with triggers like the union budget and progress of monsoon. Tech stocks perform well globally when there are indications of lower interest rates. TCS CEO emphasizes India's importance for future growth. Jefferies considers India the best long-term investment bet, driven by strong earnings growth. They predict a bull run with rise in retail participation and suggest easing capital gains tax. #IndianStockMarket #ITSector #InvestmentOpportunities #TechStocks #EarningsGrowth #LongTermInvestment #BullRun #CapitalGainsTax...
#newstr #Investment #India #EquityMarket #Smallcaps #Midcaps #Valuations #RetailParticipation #RateCuts #EnergySector #GeopoliticalConflict #DonaldTrump #OilSelloff #Ai #ItSector
https://here.news/story/7354b9da?ver=0.64