Sunday, July 5, 2020

Q1FY21 will be a complete washout, but watch out for management commentary: Umesh Mehta

Umesh Mehta The index is hovering around 10,600-10,700 levels, which might turn into a crucial resistance, and support is now placed at 10,300, Samco Securities#39;s Umesh Mehta told Moneycontrol.

from Moneycontrol Market Outlook https://ift.tt/31LrRLP

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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 ...