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overbought zone: IT largecap stocks not in overbought zone after Friday s rally: Anand James

Largecap IT stocks, including Infosys and Tech Mahindra, have not yet reached overbought levels despite recent gains. Smallcap stocks have seen the most visible gains in the last year. Traders should be cautious as the earnings season begins, as history suggests a high chance of a monthly close in the red when entering the season at record peaks. Recent CPI readings from the US have prompted traders to reduce bets on Fed s rate cuts. The next fortnight could see objectives of 22240 and 22400, with a downside marker at 21790.

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AI stocks: Rising bulls, crawling bears: How tech, AI stocks rescued the inflation-ravaged equity markets

Fund managers feel the worst is over as far as world events are concerned. The world market is on a growth path with technology and AI stocks being the saviours. For India, there would be some stretched valuation in index stocks, but for long-term investors thats not an issue. They must keep investing or take the SIP path.

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Form 424B2 GOLDMAN SACHS GROUP INC

Form 424B2 GOLDMAN SACHS GROUP INC
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City Traders Imperium Review 2023 – Is It Worth It? | Virtual-Strategy Magazine

City Traders Imperium Review 2023 – Is It Worth It? | Virtual-Strategy Magazine
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Form 424B2 GOLDMAN SACHS GROUP INC

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