Saturday, May 1, 2021

Smaller stocks outshine Sensex Nifty: Over 80 stocks in smallcap index rose 10-30% in a week

Smaller stocks outshine Sensex Nifty: Over 80 stocks in smallcap index rose 10-30% in a week On monthly basis, both Sensex and Nifty50 closed in the red while the SP BSE Midcap index rose 0.65 percent, and the SP BSE Smallcap index closed with gains of about 5 percent for the month of April.

from Moneycontrol Market Outlook https://ift.tt/2QEmdZ0

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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 ...