Wednesday, August 25, 2021

New money is trumping smart money on Dalal Street, but for how long?

It is possible that if the nascent global growth sustains and accelerates in 2022, earnings will catch up to justify lofty valuations. Even then, a sharp market correction is possible when the Fed begins normalization and bond yields rise. FIIs who are sitting on massive profits may turn into big sellers.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3ykFmyC

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