“I do not see any reason to be concerned that you’re going to enter a bearish pattern where the market is overbought and therefore people are going to sell. I just don’t see that pattern,” Manish Singh, chief investment officer at Crossbridge Capital, told CNBC.

Manish Singh, Chief Investment Officer at Crossbridge Capital, discusses the state of the technology market and his forecast for rate cuts by the Federal Reserve.

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Summary

It has been a week of new highs for the Nifty, closing above the 22,200 mark today. At the same time, the Bombay Stock Exchange hit the 4.8 trillion dollar mark today – just 3 months after it hit the 4 trillion mark – this made india the 4th largest stock market in the world.

Pinduoduo’s rally shows Chinese consumer stocks are undervalued due to “China effect” fears, Crossbridge Capital Group Chief Investment Officer, Manish Singh, tells CNBC’s Squawk Box