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From The Morung Express

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Global cues, oil prices likely to drive stock market in week ahead

Global 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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    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…

    — The New Indian Express

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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…

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The Morung Express Center Current article

Global cues, oil prices likely to drive stock market in week ahead

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…

The New Indian Express Center Express Publications (Madurai) Ltd.

Reckoning for tech stocks as economy sends mixed signals

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…

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