Low-down blues from IT mid-caps
Mumbai: Mid-cap IT stocks are falling like nine pins as poor earnings prospects, high valuations drive away investors in an already weak market environment.
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Debt funds get support as stocks tumble
Mumbai: With the stock market showing no signs of recovery, equity funds presently seem to be a dejected lot. NAVs have fallen all around and valuations could go down further if last week's trends continue.
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Margin financiers behind Sensex fall?
Mumbai: Margin trading and private funding in equity buying are believed to have caused the recent volatility in stock markets.
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`Short-term rally likely'
Mumbai: "A few of the players, including some NBFCs, would have to swallow the losses now (due to payment pressure). But the problem may re-emerge as the stocks that have been identified are likely to remain weak at least in the short-term."
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Premium widens for Infosys
Mumbai: The stock markets, here and in the US, continued to reel under pressure last week. Investor confidence eroded thick and fast with more negative reports affecting the market mood.
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