Global equity markets rebounded as robust US, China and eurozone factory data offset lockdowns in Europe to combat record Covid-19 cases, while the dollar and gold rose on US election jitters
Structurally, the market is exposed to high-growth industries and over 50 per cent of markets earnings are derived overseas, said experts
Most money managers are wary of cutting equity exposure too drastically in a market that has rallied more than 40% since late March
The NYSE is the only US exchange that still operates stock trading floors alongside electronic trading
Since the US and India have DTAA, you will pay tax only once. Dividend income, however, is taxed at 25% in the former
Steep fall in US equities could be first sign of market doubting US administration's ability