Monday, June 29, 2020

#39;Market looks frothy but value stocks may outperform growth ones in short term#39;

Mihir Vora Segments that will remain under stress for a longer time are hotels, restaurants, malls, airlines, multiplexes, and highly discretionary spending, says Max Life Insurance#39;s Mihir Vora.

from Moneycontrol Market Outlook https://ift.tt/2CL7p3b

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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 ...