US stocks closed mixed as Nasdaq slipped due to profit booking and rising Treasury yields, while Dow edged higher. Oil prices surged on supply disruption fears but later eased after geopolitical comments. Energy stocks outperformed, Nvidia earnings are awaited, and Regeneron fell after a failed drug trial result.
Markets supported by liquidity, but valuations running ahead of fundamentals: Sameer Dalal
Indian markets are supported by strong domestic liquidity, but valuations are questioned against fundamentals and growth expectations. Sameer Dalal of Natverlal & Sons Stockbrokers remains