Indian Markets Entering Consolidation Phase, Says Jefferies' Chris Wood

Indian markets are expected to enter a consolidation phase before the next uptrend, as there is evidence of a capex cycle and strong volume growth in cement companies, according to Jefferies' Christopher Wood.

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9/4/2023

Indian shares rise on hopes of Fed rate pause, China stimulus

Indian shares advanced on Monday, driven by the metals sector supported by China's measures to boost its property sector and expectations of a U.S. Federal Reserve rate pause, with small-caps and mid-caps outperforming blue-chips on sustained retail inflows.