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Delegations from Moscow and Kyiv will meet in Istanbul for talks on the Ukraine conflict. Expectations are low due to the absence of Vladimir Putin. Donald Trump believes progress is unlikely until he meets Putin. Volodymyr Zelenskyy also doubts a breakthrough. Talks will involve Russia, Ukraine, Turkey, and the US. Russia seeks territorial concessions, while Ukraine wants a ceasefire.
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News and Media
Sunny Agrawal from SBI Cap Securities suggests a constructive short-term market outlook, anticipating a potential 50 basis point rate cut by the RBI. He recommends overweighting banking (ICICI Bank, HDFC Bank, Indian Bank), auto (Mahindra & Mahindra, Force Motors), and oil & gas (HPCL) sectors.
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News and Media
Billionaire Terry Smith, often called "the English Warren Buffett," argues that replicating Buffett's success is impossible today. He cites Munger's influence, leveraging insurance float, and Berkshire's closed-end structure as key advantages. Smith also points to a changed regulatory environment and the dominance of ETFs as barriers.
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News and Media
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