Tuesday, April 16, 2024

Record advance-decline ratio for April but experts see no reason to rejoice, just yet! Here’s why

Record advance-decline ratio for April but experts see no reason to rejoice, just yet! Here’s why Experts say that market breadth has taken a u-turn in the past few sessions amid geopolitical jitters and weak global cues. So, even though it#39;s a positive sign, it would be prudent to adopt a wait-and-watch approach and see if the trend persists throughout the month.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/record-advance-decline-ratio-for-aprilexperts-see-no-reason-to-rejoice-just-yet-here’s-why_17525451.html

No comments:

Post a Comment

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 ...