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Indices: Indices jump 1.8% as traders rush to cover short positions

Buoyant global market conditions further contributed to the rally on D-Street, with the odds shortening on an early resumption to the rate easing cycle by the US Federal Reserve. ....

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Indian equities: Confidence in equities at record level; people don't want to leave the asset class: S Naren

S Naren says, “while macro is good, increasingly to what extent you will pay what valuation because if you look at many parts of the economy, there are many sectors in the economy which are growing much slower than before but while those sectors are growing slower, you are giving higher valuations now. ....

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