As an investment strategy, Wood has taken exposure in the US-listed online travel company MakeMyTrip in the India long-only portfolio with a 4 per cent weighting
The fall from peak levels in these segments, according to Gaurang Shah, senior vice-president at Geojit Financial Services has also been account of earnings disappointment besides amid high valuations
An index or a stock is said to be in a 'correction' phase when it has dipped over 10 per cent and up to 20 per cent from its recent peak level. A 20 per cent or more fall is termed as a 'bear' phase
Stock market today: Events such as a war do present a buying opportunity for long-term investors, analysts said
DRHP lists several risks, of which China imports a major factor
The fall in the share price came on the back of weak June quarter of financial year 2025 (Q1FY25) results.
Stock Market Outlook: The Sensex has shed 4.3% from its all-time high in 3 trading days and the Nifty is seen testing support at 24,250. Here's what charts suggest on likely trend ahead.
Indian stock market is much more resilient in the face of a US downturn and related Wall Street sell-off than the likes of Japan, Wood said
All you need to know before market opens on Monday: Japan's Nikkei has plunged 14.7 per cent in the last three days after Bank of Japan unexpectedly raised interest on July 31. Yen up 10% in 3 weeks.
Stocks to watch on March 20, 2024: ATC Telecom has asked Vodafone to convert the former's optionally convertible debentures worth Rs 1,440 crore into equity shares of the telecom company
Among the losers on the Nifty were Tata Motors, Adani Ports, IndusInd Bank, Bajaj Finance, UPL, SBI, Hindalco, and Shree Cement, down in the range of 5.6 per cent to 10 per cent
The market breadth was in favour of the bears with the advance-decline ratio at nearly 1:2
Axis Bank was the top loser in the Sensex pack, dropping 9.16 per cent
The Indian markets suffered their worst single-day rout in five years, with the benchmark indices falling 1,942 points and the rupee breaching 74 against the dollar.
Weaker crude indicates oversupply and could be supportive of margins; howeverm if the weakness is demand-related, it could have the opposite effect on margins
What all this means is that the next time you hear that the stock market has set a new record low, or even a record high, know that it only affects a small proportion of Americans