Nouriel Roubini points out frothiness in US stock markets driven by AI optimism and examines potential impacts of the upcoming US election. He also discusses geopolitical risks like the Russia-Ukraine war and advises India to focus on high-value-added manufacturing over low-value-added, labor-intensive sectors for achieving its development goals by 2047.
Tech view: Nifty forms small red candle, faces strong resistance at 100 DEMA. How to trade tomorrow
On Wednesday, Nifty formed a small red candle near the 100-Day Exponential Moving Average (DEMA), indicating strong resistance around 24,470-24,500. If the index holds above