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The Federal Reserve expressed concerns that this robust economic activity could lead to continued inflationary pressures, potentially necessitating further tightening. Moreover, the extension of the OPEC+ output cut led to a rise in oil prices, contributing to inflationary risks

"Reliance Industries has recently experienced a breakout on the daily chart, accompanied by a significant surge in trading volumes. This breakout suggests renewed bullish momentum in the stock.The momentum indicator RSI has provided a positive signal by reversing from the oversold territory and giving a positive crossover, confirming a potential buy signal for Reliance."

"A strong pipeline of over USD 9 billion, which has been approved by capital markets regulator Sebi, and another USD 6 billion filed with the capital markets watchdog, of which USD 10 billion should fructify. Remaining fiscal 2023 looks promising for primary markets," Mahavir Lunawat, Managing Director of Pantomath Capital Advisors

India’s stock market hit an all-time high valuation of $3.8 trillion this week, a perfectly timed billboard for Modi as the G-20 summit gives him another opportunity to showcase the nation’s potential as a geopolitical juggernaut. With the West looking to curb China’s influence, Modi has rolled out a mix of tariffs and incentives to lure companies to make in India and firms including Apple Inc. and Samsung Electronics Co. are among those expanding production in the nation.

"Demand is outpacing supply in the hospitality sector and this trend will continue, leading to higher occupancy levels and increased average rates. The next two quarters will be positive for the sector, with good tailwinds from events like the G20 and Cricket World Cup, as well as the normalization of inbound tourism."

“For BHEL, of execution has always been a problem and so I will be very, very cautious. The large order book probably does not mean much unless it is properly executed and we will have to wait and watch. Also, one has to remember that this order book does not translate into immediate revenue.”

“There was much under-ownership and IDFC First is headed higher. IDFC First Bank will be the next HDFC in the making in the next five years. Please stay put. If you are invested and if you are looking for corrections, then this would be a good opportunity as it consolidates closer to Rs 85-90.”

"In the broad market, mid- and small-cap stocks attracted strong buying interest last week , even though their valuations were relatively high. Moreover, heightened order inflows made sectors like infrastructure and real estate particularly attractive to investors during the week," said Vinod Nair, Head of Research at Geojit Financial services.

“The idea should be to look at assets other than equities also to get into the mix. Most of the investors also are most of the time overweight on equities or at least have an appropriate amount of equity in their portfolio. The idea at this point is to look at other assets to get in the mix.”