Sunday, October 2, 2022

Market may not slip into bear territory though possibility of near-term turmoil remains, says this CIO

Market may not slip into bear territory though possibility of near-term turmoil remains, says this CIO The recent support provided by DIIs and retail investors in the recovery of the stock market post Covid makes Ajit Banerjee, CIO, Shriram Life Insurance, confident about the markets. He feels that as India is the fastest growing economy, it would see a significant growth spurt in both domestic and international markets as things normalise.

from Moneycontrol Market Outlook https://ift.tt/CktuWLH

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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 ...