In the competition between dollar and gold in the risk-off flows, the dollar has won hands-down because of the stronger momentum in its favor. Logic doesn’t work when momentum is in play. That explains the unexplainable fall in gold in these turbulent times. Interesting times to watch out for.
10 midcap stocks that have fallen up to 58% from their 52-week highs
Despite the Nifty Midcap 150 trading near peak levels, several individual constituents have suffered deep corrections. Data from ACE Equity reveals 10 prominent midcap stocks,