#post-market

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A $6 billion fund is upbeat on Indian stocks unfazed by prices

A $6 billion fund is upbeat on Indian stocks unfazed by prices

A record price-to-earnings valuation for Indian shares shouldn’t act as a deterrent for investors, according to Radhika Gupta, the head of Edelweiss Asset Management Ltd. Gupta, the only female chief executive officer of a major asset manager in India, says it’s “risky to be underweight equities” at a time when local stocks remain “heavily” driven by liquidity. Her firm, which oversees 465…

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[wowhealthfitness20]

Nifty Analysis: Tech View: Nifty chart has bullish pattern; analysts say wait & watch

Nifty Analysis: Tech View: Nifty chart has bullish pattern; analysts say wait & watch

Mumbai: After wild swings, Nifty50 formed a Bullish Harami kind of pattern on the daily chart on Tuesday, indicating the likely continuation of bullish sentiment. But analysts said it is too early to confirm the trend. Shrikant Chouhan, Executive Vice President of Equity Technical Research at Kotak Securities, said for the positive momentum to continue, Nifty50 needs to sustain above 13,550…

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[wowhealthfitness20]

Bulls return to Dalal Street: Key factors driving the stock market higher today

Bulls return to Dalal Street: Key factors driving the stock market higher today

NEW DELHI: After a volatile day, stock market bulls seem to be having the last laugh as the benchmark equity indices staged a smart recovery on Tuesday. Low-level buying ensued, especially after the European markets opened higher. The US parliament passed a massive $900 billion stimulus package that lifted sentiments but concerns over a new strain of the coronavirus also affected markets,…

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[wowhealthfitness20]

S&P 500: Reopening rally? Speculative bubble? These days, it's hard to tell

S&P 500: Reopening rally? Speculative bubble? These days, it’s hard to tell

By Lewis Krauskopf NEW YORK: Surging US stocks are stretching equity valuations near their highest levels in years, leaving investors to determine whether the rally signals a coming economic rebound or an asset price bubble in the midst of a global pandemic. After a 15 per cent year-to-date rally, the S&P 500 trades at 22 times forward earnings, compared to a historical average of 15.3 times,…

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[wowhealthfitness20]

Nifty Analysis: Tech View: Back-to-back Nifty Dojis indicate loss of momentum at higher levels

Nifty Analysis: Tech View: Back-to-back Nifty Dojis indicate loss of momentum at higher levels

NEW DELHI: Nifty50 on Friday topped 13,500 level and formed an indecisive ‘Doji‘ candle on the daily chart for the second straight day. On the weekly scale, the index formed a bullish candle and continued with its higher high higher low formation for yet another week. Mazhar Mohammad of Chartviewindia.in said that back-to-back Doji’s can be an indication of some sort of weakening momentum in the…

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[wowhealthfitness20]

Nifty Analysis: Tech View: Nifty50 forms Doji on weekly chart, sends out negative signal NEW DELHI: Nifty50 on Friday formed a bearish candle on the daily chart and an indecisive Doji…