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Stock indices fell almost 2.2 per cent in the last two sessions amid growing concerns that the market is overheated. Fund managers said continuous foreign portfolio investor (FPIs) flows in the past three months helped investors ignore steep valuations.
Paytm Q4 Results: Net loss widens to Rs 761 crore, revenue rises 89% YoYRevenue from operations came in at Rs 1540.9 crore, up 88.99 per cent against Rs 815.3 crore it recorded in the same quarter year ago.
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… Read MoreTrade Setup: Shorting the market is unlikely to provide any favourable risk-reward prepositionThe Relative Strength Index (RSI) on the daily chart is 42.01. It stays neutral and does not show any divergence against the price. The daily MACD is bullish and stays above the signal line. A black-bodied candle appeared on … Read MoreTesla removed from S&P 500 ESG Index, prompting Musk pushbackEven though Tesla is contributing to reducing emissions with its electric cars, Dorn said, its issues and lack of disclosures relative to industry peers should raise concerns for investors looking to judge the company across … Read MoreS&P 500 sinks into bear market amid brutal equities selloffThe S&P 500 slipped 1.8% on Friday, pushing 20% below its record closing high on Jan. 3. The drop is part of a seven-week slide in the broad measure that qualifies as the longest since the dot-com bubble was bursting in 2… Read MoreTrade Setup: All downside moves must be used to make purchases in quality stocksThe markets inherited a very weak overnight trade setup; the US markets had a deep cut, and this weakness was carried forward to the Asian markets as were and Indian markets were no exception.
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