Dr. Praveen Dwarakanath, Vice President of Hedged.in, observed that Nifty is consolidating near its resistance at 24,850. Despite forming another Doji candle, the index showed strength by recovering from an intraday drop of over 100 points.
AI chip rally faces reality check, but bubble fears may be overdone: Adrian Mowat
South Korean chip stocks are experiencing a temporary dip, not an AI bubble burst, according to EM-Equity Strategist Adrian Mowat. He attributes the volatility to