European stock indexes were muted, with bank stocks sliding after JPMorgan Chase & Co.’s Jamie Dimon said he’s seeing parallels to the era before the 2008 financial crisis, while utilities and chemical makers advanced on positive earnings. The Stoxx Europe 600 Index was little changed at 11:05 am in London. The banking subindex slid 1.7%,…
After the US-India trade deal, Foreign Portfolio Investors (FPIs) have made vigorous purchases in the Indian stock market. Foreign investors have invested Rs 19675 crore in the first 2 weeks of February. According to depository data, till February 13, FPIs have purchased Rs 19675 crore in the Indian equity market. Earlier in the last 3…
Axis Bank’s investors heaved a sigh of relief after the lender delivered a strong profit beat for the December quarter (Q3FY26), following several quarters weighed down by one-offs and disappointments. Net profit rose 3% year-on-year to ₹6,490 crore, sharply surpassing estimates that had anticipated a decline. The stock surged over 5% on Tuesday, hitting a…
This contrast often creates confusion. On the surface, elevated valuations should make these stocks vulnerable. But markets don’t look at valuation in isolation, especially during corrections. Instead, they tend to differentiate between stocks where confidence breaks quickly and those where conviction remains intact. This is why some high P/E stocks stay resilient when the market…
