From The Morung Express
CenterGlobal cues, oil prices likely to drive stock market in week ahead
What's behind this
After years of money chasing small- and mid‑cap funds, investors are now reconsidering large‑cap stocks as stretched valuations and weakening earnings prompt a shift in sentiment. Recent noise on global markets last week was not a bubble popping but a release of hot air, with US technology companies losing about $2 trillion in market value through October amid concerns over rising debt and returns from artificial‑intelligence investments. These mixed signals are leading some investors to view large‑cap equities as a more attractive option.
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center · 2 outlets
The noise heard on global stock markets last week was not of a bubble popping, but perhaps of some hot air escaping. Through October, US technology companies saw about $2 trillion in market value wiped out as concerns over the sector’s rising debt and returns from artificial intelligence investments…
RSS excerpt
Mumbai, November 1 (IANS) Indian equity markets staged a strong recovery in the week leading up to Diwali, with benchmark indices gaining nearly 2 per cent amid buying in pharma, IT and select sectors. Market experts now expect global developments, including US mid-term elections, geopolitical…