Friday, June 25, 2021

Angel Broking says over 80% of its nearly 1 million new customers are under-30

Angel Broking says over 80% of its nearly 1 million new customers are under-30 On the back of a record over 56 per cent rally in stock prices in the second half of 2020 after the massive rout in the first half due to the pandemic, tens of millions have entered the equities market. This was reflected in the latest BSE data which shows investors on its platform crossed 70 million milestone earlier this month.

from Moneycontrol Business News https://ift.tt/3A9XXjp

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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 ...