Tech Stocks Soar, Raising Market Bubble Concerns
Amid a significant surge in tech stocks, Bank of America has flagged a 'bubble' signal, indicating a potential overheating in the market. This comes as tech bulls are increasingly dominating the stock market.
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‘Bubble’ Signal Flagged by BofA as Tech Stocks, Volatility Soar - Bloomberg.com
‘Bubble’ Signal Flagged by BofA as Tech Stocks, Volatility Soar Bloomberg.com
Read full article →Stock market crash: Why have Sensex, Nifty dropped over 1% in trade today? Top reasons
Technology stocks bore the brunt of the selling. Shares of Infosys, HCLTech, Tech Mahindra and Tata Consultancy Services fell between 2 per cent and 4 per cent after Infosys’ fourth-quarter results failed to meet market expectations.
By TOI BUSINESS DESK
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