Irrespective of the bearish perspective in the auto sector the ‘Warren Buffett of India’ remained invested in the auto stock with his same 1.29 per cent stake in the Tata Group Company. Speaking on the Tata Motors share price outlook Ravi Singhal, Vice Chairman at GCL Securities said, “Tata Motors share price has already discounted […]
To veterans of financial bubbles, there is plenty familiar about the present. As a result, the 10-year Treasury bond yield is well below inflation—that is, real yields are deeply negative —for only the second time in 40 years. Yet in great part thanks to the Fed and Congress, which has passed some $5 trillion in […]
On account of rising steel and iron ore prices in the international market, stock experts are bullish on metal stocks, especially those dealing in these particular metals. On his suggestion to investors in regard to SAIL shares Mudit Goel of SMC advised investors to buy at current market price for the target of ₹153 and […]
Gold price yesterday hit ₹48,000 levels and finally closed at ₹47,760 per 10 gm levels — logging intraday gain of ₹165 at the Multi Commodity Exchange against major global currencies. In the last one week, the American currency has fallen around 0.80 per cent while in the last one month the US Dollar has crashed […]
Amid talks of third wave of Coronavirus in India, the domestic stock market is expected to remain volatile and experts are suggesting investors to continue stock specific trade, keeping special focus on the pharmaceutical sector stocks. Speaking on the shares to buy today Avinash Gorakshkar, Head of Research at Profitmart securities said, “Currently, the market […]
According to the BSE data available at bseindia.com, Rakesh Jhunjhunwala holdings in Geojit Financial Services shares was 7.57 per cent in December 2020 quarter while the Big Bull kept his stake at same 7.57 per cent or 1,80,37,500 shares of the company in March 2021 quarter. They said that the fundamentals of the company looks […]
Buffett said it can be tough to pick the long-term winners. He said the government clearly learned lessons from the Great Recession in 2009 and acted quickly in response to the pandemic, but it’s hard to predict the long-term consequences of those policies. “Nor do I like shoveling out a few extra billions and billions […]
Physical gold prices in India moved to a discount over official domestic rates for the first time this as covid-related restrictions impacted retail demand. In this June quarter, India’s gold consumption is expected to falter due to lockdowns, the World Gold Council said this week. On April 21, gold rates on MCX had hit a […]
The technology entrepreneur is now vested in stock options valued at that amount after the electric-car maker hit roughly half of the targets laid out by the board in his landmark 2018 compensation package, according to a securities disclosure filed late Friday. Tesla made the grant of stock options on 101.3 million shares three years […]
Thanks to record issuance, the SPAC boom and the pandemic-fueled collapse in buybacks, the supply of equities across the developed world has turned positive for the first time in a decade, according to Sanford C. What started as a rush to shore up balance sheets during the Covid crisis has morphed into a spree of […]
In the case of Ether, there are multiple factors working in its favour. With such reputed financial institutions embracing crypto assets, it clearly shows that digital assets are mainstream now and are seen as a strong hedge against inflation,” said Shivam Thakral, CEO, BuyUcoin. “We strongly believe that the Indian government will soon announce positive […]
Even where there have been hiccups—for example, Mississippi, where voters overwhelmingly approved a medical marijuana plan last year that’s now facing a few legal hurdles—there would seem to be no reversing this tide. Lest this be considered a partisan endeavour, though, Americans for Prosperity—a conservative political advocacy group founded by the Koch brothers—notably just endorsed […]
They said that the stock has soared more than 100 per cent in the last three months and it is still poised for upside moves in immediate short-term. Speaking on the fundamentals supporting Linde India share price rally Avinash Gorakshkar, Head of Research at Profitmart Securities said, “Due to the spread of Covid-19 pandemic, demand […]
Banks and financials: The RBI has capped the tenure of managing directors of private banks at 15 years from the date of appointment. Tata Motors: The automaker said the lockdown enforced in various parts of the country is expected to impact vehicle demand temporarily. Bajaj Finance: The non-bank financier will report its March quarter earning […]
According to shareholding patter filed by the Rakesh Jhunjhunwala portfolio companies, Rakesh Jhunjhunwala has increased his stake in these companies by reducing stake in some of his favourite companies that includes Titan Company. As per the MCX shareholding pattern available at the BSE website — bseindia.com — Rakesh Jhunjhunwala has increased his stake in the […]
Mumbai: Indian equity markets are likely to trade in a range on Tuesday, while trends in SGX Nifty suggest a flat opening for domestic benchmark indices. The S&P 500 and Nasdaq closed at record highs on Monday, fuelled by heavyweight growth stocks ahead of a deluge of earnings reports this week. Sentiment for equities in […]
Since there is no relief coming on the Covid front and the US markets have also ended in red zone yesterday, market is expected to trade in 14,150 to 14,500 range. Speaking on the expected market trend today Avinash Gorakshkar, Head of Research at Prifitmart Securities said, “Market is expected to remain weak as there […]
Over the past seven sessions, ethereum has delivered a return of 5.5% against -12.4% return given by bitcoin. Ether is rallying because of the launch of ethereum exchange-traded fund on a Canadian exchange, which is seen as a major step towards making digital assets, mainstream. Recently, bitcoin closed below its 50-Day simple moving average for […]
PowerGrid corporation of India: PowerGrid Infrastructure Investment Trust is likely to launch its initial public offering at the end of April, two people aware of the development told Mint. …Read the full story
The Big Bull and his wife Rekha Jhunjhunwala holds 12.84 per cent NCC shares out of which, Rakesh Jhunjhunwala holds 10.94 per cent of the company shares while his wife Rekha Jhunjhunwala holds 1.90 per cent company shares. However, due to the rise in Covid-19 fresh cases, construction work has got hit and in coming […]