Thu, Aug 15, 2024 7:18 PM
Deepak Shenoy on Karnataka govt ordering closure of accounts with SBI, PNB
A Flip by Avya Verma
The Magnificent Seven stocks, comprising Nvidia, Apple, Microsoft, Amazon, Alphabet, Meta Platforms, and Tesla, are compared using the PEG ratio, which reveals their valuations relative to earnings growth. Apple and Microsoft appear overvalued, while Meta Platforms, Amazon, Alphabet, and Nvidia seem undervalued.
Open Flip
The US August consumer price inflation report, to be released on Wednesday, could impact Federal Reserve rate decisions and market trends, with economists forecasting a 0.2% month-on-month rise in both headline and core CPI; a soft inflation reading could support a modest rate cut and boost the dollar.
Open Flip
📈 Domestic benchmark indices closed on a negative note on 11th Sept 2024 📢 At 3:30 PM, the Sensex tanked by 398.13 points or 0.49% at 81,523.16, and the Nifty was down 122.65 points or 0.49% at 24,918.45. 📊Among sectoral, Nifty Bank (⬇️0.51%) showed least signs of struggle while Nifty Midcap 100 (⬇️0.17%) saw considerable selling.
Open Flip
