Investor Michael Burry, famed from ‘The Big Short,’ warns the Nasdaq 100 faces a sharp downturn, likening its “parabolic” tech surge to the dot-com bubble’s peak. He points to soaring chip stocks and inflated valuations, suggesting Wall Street is overestimating company earnings. Burry advises caution and profit-taking, anticipating a significant market correction.
No runaway rally likely; markets to trade in broad range: Sameer Dalal
Equity markets face near-term unevenness due to global optimism tempered by domestic uncertainties like elevated crude prices and monsoon risks. Sameer Dalal of Natverlal &