Sunday, March 12, 2023

The SVB Collapse: Excesses of private market spilling over to public market

The US market's three main stock indices fell between 1% and 2% on Friday in response to the news of SVB's collapse and a resilient American jobs market. The weakness could rub off on Dalal Street on Monday morning as foreign investors may step up selling on local stocks in a flight to safer assets. The Sensex and Nifty have fallen over 2% in the past two trading sessions mainly led by domestic banks.

from Economic Times https://ift.tt/5NojEO2

No comments:

Post a Comment

IREDA shares rise 1.1% as board announces meeting date for fund raise via QIP

IREDA shares rose by 1.1% to Rs 209.50 on news of a board meeting set for January 23, 2025, to approve fund-raising via Qualified Institutio...