Indian markets are navigating a complex landscape. Global energy disruptions are impacting exporters directly. A domestic crisis at HDFC Bank, stemming from corporate governance issues, is also weighing on investor sentiment. Despite the gloom, defence, infrastructure, and food sectors offer potential resilience. Investors are closely watching oil prices and the rupee’s trajectory as economic challenges loom.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets