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What’s ailing tech stocks despite decent Q1 numbers? Chakri Lokapriya answers

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“If you look at , it is trading at 16-17 times, so multiple wise, they are not expensive. Right now, the commentary within the US is discussing whether there will be a recession, and this is going to be the quarter of negative economic GDP growth in the US. Therefore, will it percolate down into…

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Stock Market

Fed rate hike and Q1 numbers of big boys to seal the fate of Nifty bulls this week

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After recording the highest weekly gain in the last 75 weeks, Nifty bulls will try hard to maintain the momentum on Monday after six days of non-stop rise. As the market opens, the attention would turn to index heavyweights like , and , which announced their numbers after the market closed on Friday. Infosys was…

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Stock Market