Jefferies' Christopher Wood in his latest GREED & fear note talked about recent developments including Russian President Vladimir Putin's New Delhi visit, and the US President Donald Trump's military funding cut for Ukraine.

Wood said Putin’s visit to India does not mean that Delhi is on Russia’s side. What it does mean is that the Modi government is sending the message that it maintains its non-aligned status and is not going to allow itself to be pushed around serving the imperial interests of other powers, Wood said in the note. Advertisement

The views come at a time geopolitical issues such as wars and trade issues are keeping stock market investors jittery globally, with India being levied 50 per cent import dutities by the US due to its purchase of Russian oil.

On Thursday, PM M

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