Growth stocks, especially with high valuation multiples are vulnerable to high inflation rates. In order to curb inflation, the central bank raises interest rates which ultimately causes bond yields to rise. This doesn’t bode well for growth stocks.
With the Income Tax (I-T) department questioning the tax benefits it had claimed, the Wall Street firm is understood to be working on initiating the
Nifty is expected to trade rangebound with a mild bullish undertone this week, consolidating amid mixed cues. Analysts see 23,800-24,000 as a key hurdle, with
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