Friday, December 27, 2019

Nifty to head towards 12,500 in January; rollover data suggests closure of short positions

Dharmesh Shah We believe that the Nifty50 is in a process of forming a base near 12,000 and the Call positions have been shifted higher to 12,500 which remains a target for the index.

from Moneycontrol Market Outlook https://ift.tt/2Zv7dwe

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...