Wednesday, September 13, 2023

Some smallcap stocks may fall 50-70%; power, defence scrips overstretched: Prashant Khemka

Some smallcap stocks may fall 50-70%; power, defence scrips overstretched: Prashant Khemka The small and midcap stocks have risen unidirectionally over the last 5 months, added Khemka.

from Moneycontrol Market Outlook https://ift.tt/Cg1nxPW

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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 ...