Kotak Institutional Equities' Sanjeev Prasad suggests a potential IT sector backstop due to already priced-in bad news and company cash reserves, despite unglamorous guidance. He questions high valuations across sectors, considering weaker short-term growth, medium-term disruptions, and elevated global bond yields.
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Judge lifts Trump White House restrictions on AP while lawsuit proceeds
A U.S. judge has ordered the Trump White House to lift access restrictions imposed on the Associated Press, following a dispute over the news agency's continued use of "Gulf of Mexico." Judge Trevor McFadden ruled that the White House cannot selectively restrict access based on viewpoints, granting AP journalists access to key White House events.
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Global risks still loom over Indian valuations, warns Sanjeev Prasad
Kotak Institutional Equities' Sanjeev Prasad suggests a potential IT sector backstop due to already priced-in bad news and company cash ...
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The value had touched a high of 22% of total market capitalisation of listed firms in June 2009, dropping to a low of 5.1% in September 2020...
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Huawei faces international scrutiny over its ties with the Chinese government and suspicion that Beijing could use Huawei#39;s technology f...