Sunday, April 26, 2020

The risks are building up for India's banks

The risks are building up for India's banksDowngrades are bad news for the financial services sector. When other sectors weaken, banks and NBFCs could witness increased defaults. As the economy slows to a grind, investors should avoid debt laden companies. Here are other expert takes.

from Economic Times https://ift.tt/2VEzZu1

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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 ...