“I do not believe that the Indian market will fall significantly. Instead, it is likely to hover around current levels for some time due to global market volatility. This volatility and consolidation at elevated levels are actually beneficial for the market’s long-term health,” says Sudip Bandyopadhyay, Group Chairman, Inditrade Capital.What’s your take on the situation,
U.S. stocks opened lower after global markets plunged overnight over worry about the health of the U.S. economy. The S&P 500 Index was down 8.6% Monday morning before gaining much of it back and the NASDAQ Futures Index fell 6% after global markets plunged over worries about a possible recession in the world’s biggest economy.
Alta Equipment Group Inc. (NYSE:ALTG – Get Free Report) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 2,200,000 shares, a growth of 28.7% from the June 30th total of 1,710,000 shares. Approximately 10.8% of the shares of the stock