ET Now Exclusive | Cyclical side of market is correcting, difficult to see major breakout for Nifty over next 4 months, says CLSA’s Laurence Balanco – Markets
CLSA technical analyst Laurence Balanco believes rising global bond yields are becoming the biggest threat to equity markets, replacing oil as the key risk indicator. He warns that tightening liquidity conditions and weakness in AI-led semiconductor stocks could trigger a broader global risk-off move. While Balanco sees downside risk for the Nifty and continued pressure…
