“When the Sensex to BSE Smallcap index ratio decreases, it indicates that Sensex stocks are poised to outperform in the short term,” said Apurva Sheth, head of market research at Samco Securities. “Conversely, small-cap stocks are expected to outperform when the ratio rises.”
Global Market Today: Asian stocks waver as oil gains fuel inflation, rate concerns
Government bonds in Japan, Australia and New Zealand retreated, following declines in Treasuries during the New York session. Weak demand at a $70 billion sale