Shares of PB Fintech fell over 10% to Rs 1,545 during Thursday’s intraday trading on the BSE after the company suggested it might venture into the healthcare sector. The company stated, “We are still exploring, but currently have no decisions to announce. Any decision made will be communicated to the stock exchanges.”
Irrational exuberance is evident; stock-picking discipline is more critical than ever: Ajay Srivastava
Ajay Srivastava of Dimensions Corporate observes irrationality in the market. He notes high PE ratios for some companies. He suggests caution and stock-specific investing. Srivastava