According to Bloomberg consensus estimates, about 63% of the NSE 500 companies have seen earnings downgrades in the last four weeks. The number of earnings downgrades during the past four weeks was 165. That compares with 98 upgrades.
Citi downgrades US stocks to ‘neutral’ as AI sell-off, regulatory risks mount
Citigroup strategists have downgraded US equities to neutral due to ongoing market volatility and regulatory concerns. This decision follows a significant sell-off that erased $3