From Tokyo to New York, stock markets are on a record-hitting spree around the world

From Tokyo to New York, stock markets are on a record-hitting spree around the world

From New York to London to Tokyo, if there’s one similarity among the world’s equity markets it’s this: record highs.Of the world’s 20 largest stock markets, 14 have hit all-time highs recently. The MSCI ACWI Index, which tracks developed and emerging markets, has been on a record-breaking run, setting another new high on Friday. In … Read more

Nifty could hit 20,000 by next April: Andrew Holland

Nifty could hit 20,000 by next April: Andrew Holland

Mumbai: India’s Nifty has the potential to touch 20,000 between now and April next year, said Andrew Holland, CEO, Avendus Capital Public Markets Alternate Strategies, a Mumbai-based hedge fund. In an interview with ET, the money manager said he is more constructive on India’s equity markets now than he has been for a long time, … Read more

Caught short strategists are a stealth stock market accelerant

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By Lu Wang and Claire Ballentine With bond yields jumping and inflation expectations surging, this would seem like a strange time for optimism to break out among Wall Street’s equities handicappers. But that’s exactly what it has done. And the reasons offer a lens into what kept the stock market’s worst three-day decline since October … Read more

For a winning portfolio in medium term, don’t overlook quality laggards: Manishi Raychaudhuri

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We remain positive on the Indian private sector banks, particularly the retail lending private sector banks and not so much on the retail lending NBFCs, says the Asia-Pacific Head of Equity Research and Asian Equity Strategist, BNP Paribas. It has been a one-way move up for markets, not just back home in India but globally … Read more