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Global equity flows chasing momentum, not value: Anurag Singh
Global equities show firm momentum, driven by US futures near record highs. However, a narrow rally concentrated in mega-cap stocks raises structural concerns, with sectors like healthcare and discretionary consumption showing weakness. Capital allocation is increasingly momentum-driven, with India temporarily out of favor for global investors.
Raccontata da
economictimes.indiatimes.com
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Global equity flows chasing momentum, not value: Anurag Singh
Global equities show firm momentum, driven by US futures near record highs. However, a narrow rally concentrated in mega-cap stocks raises structural concerns, with sectors like…