Indian stock markets closed higher for the fifth consecutive session on Friday, March 21, driven by foreign institutional investors returning to Indian equities amid attractive valuations and signs of an economic recovery. Broader markets also surged, with the Nifty Midcap index rising 1.4 percent and the Nifty Smallcap index adding 2 percent. Despite global uncertainty from escalating trade tensions, improving …
New York CNN Business — Hedge fund manager Bill Ackman appeared on CNBC earlier this month tearfully begging for a nationwide shelter in place because he thought “hell” was coming.” But investors didn’t realize that Ackman was about to profit in a big way from the turmoil on Wall Street. This is “some obvious quarantine related short selling,” said Ihor …
