
In this episode of What's Hot on Business Today Television, Sakshi Batra is joined by Deven Choksey, MD, DR Choksey FinServ Private, to decode the ongoing Dalal Street rally as the Nifty reclaims 23,600. Choksey shares his highly bullish outlook on Reliance Industries, driven by strong GRMs, cheap Venezuelan crude, and massive value unlocking from Jio Platforms. He also weighs in on the FMCG sector's robust top-line growth, HDFC Bank's turnaround potential under new leadership, and why the recent 7% plunge in crude oil is a positive signal for Indian equities. Furthermore, Choksey explains why the US midterm elections and cooling AI trade could trigger a massive shift of foreign capital back to India, especially if the government scraps the LTCG tax.