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The Indian stock market lost Momentum last week and broke a winning series of three weeks, while the Nifty50 fell 2.6%, which concluded under the psychological 25,000 digit. The deterioration reflected the confluence of global trade tensions, domestic headwind and persistent foreign outflows, which weighed on the sentiment of investors. Worldwide worries dominate The week […]
Indian shares are likely to expand a rare underperformance to their emerging market companions, because trade tensions with the US show few signs of decrease. This Wednesday the extra rate of President Donald Trump on Indian input – as a punishment for buying Russian oil – will be in force. That yields cumulative levies to […]
“But can we now hit a brick wall, especially because income does not seem to be a problem? The answer is yes, we can. In fact, we saw a late sale last night, largely because of the reorientation on the market on trade tensions and their future implications,” says Peter Cardillo, Spartan Capital Securities. Now, […]
