Business
Advance-decline ratio hits 7-month low as market breadth weakens
The advance-to-decline ratio in the stock market indicates underlying weakness, despite some index gains. The BSE MidCap 150 and BSE SmallCap 250 have both seen declines this month. Various factors such as profit-booking and high valuations contribute to this market trend. Institutional money is increasingly favoring larger companies with stable earnings. Overall market conditions remain uncertain due to external economic pressures and geopolitical risks.
EC
Originally published byEconomic Times 17h ago · economictimes.indiatimes.com
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