Wherever there is overvaluation, you will continue to see a nervousness and clearly the broader end of the market is still quite expensive compared to largecaps or compared to even their own historical average valuations.
Japan’s Nikkei stock index reached a new record high today. Chip-related stocks drove the gains, overshadowing declines in financial and other sectors. This surge mirrors
In the Nifty500 pack, 6 stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on May 26, according to stockedge.com’s technical scan data.
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