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HDFC AMC’s MD and CEO Navneet Munot says Indian markets remain resilient, driven by disciplined SIP investors and robust domestic flows. In Samvat 2082, he expects an earnings-led recovery, stable macro fundamentals, and growing financial inclusion. Active management, balanced portfolios, and long-term patience will define India’s next phase of wealth creation.
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Japan’s Nikkei share gauge surged to a record high on Monday as fiscal expansionist Sanae Takaichi was set to become the country’s next prime minister with a new political coalition in place.
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Brokerages highlight nine technical stock picks for Diwali Samvat 2082, projecting up to 28% upside across banking, infrastructure, metals, and IT counters.
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European shares rose nearly 1% on Monday, underpinned by strong performances among banks and defence stocks, as investors digested a couple of corporate earnings and assessed sector-specific momentum and macro signals.
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CEAT Ltd shares surged to a 52-week high after reporting strong Q2 results, with net profit up 54% and revenue rising 12% YoY. EBITDA margins improved, aided by GST reductions and robust domestic demand. Growth was driven by replacement and OEM segments, with strong performance across PV, two-wheeler, and farm tyres.
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