Stock to buy: Tata Motors, the automotive giant from the Tata Group, saw its shares trading flat on Monday. Despite this lackluster performance, the stock has experienced a remarkable rally over the past year, with an 80 percent increase in value. In 2024 alone, the stock has surged 39 percent year-to-date (YTD), delivering positive returns …
Shilpa Medicare shares surged over 11 percent to its record high after the company announced a successful outcome in Phase 3 studies for SMLNUD07, a drug known as NorUDCA. This medication is designed to treat patients with Nonalcoholic Fatty Liver Disease (NAFLD). Shilpa Medicare shares skyrocketed over 11 percent to reach a record high following …
Before you decide to invest in a mutual fund scheme, it is advisable to monitor its performance over a long period of time, say since the scheme was launched. And remember when the money remains invested in a mutual fund scheme over a period of time, the returns in the later years are disproportionately higher …
To some, Berkshire Hathaway Inc.’s gutting of its Apple Inc. stake could be interpreted as a lack of conviction in the iPhone maker’s growth story. But many on Wall Street are urging investors to look past the news and stay calm. The Warren Buffett-led conglomerate revealed Saturday that it sold almost half of its position …
And Buffett isn’t just sitting on it; he’s earning significant interest income from US government bonds. As the Oracle of Omaha sits on this colossal pile of cash, the financial world is abuzz with speculation. Why is Buffett hoarding cash, and what does he see that others don’t? We will never know why Buffett holds …
Before investing in a mutual fund scheme, investors tend to compare the returns given by a scheme and compare the same with other schemes in the same category. Although there are a range of other factors which determine the success of a mutual fund scheme including its past returns, reputation of fund houses, category it …
Recently, I was talking to a relative who has a 3-year-old daughter. Being an investment advisor, many of the general conversations with extended families tend to steer towards investments. This relative of mine told me that he is investing ₹1.5 lakh yearly in the Sukanya Samriddhi Yojana account for his daughter’s future. I asked him …
Budget 2024: Following the Budget 2024 presentation on Tuesday, July 23, the Indian market closed slightly negative, marking a movement of less than one percent for the third consecutive budget day session. The day saw significant volatility as investors reacted to the budget announcements, particularly the changes in capital gains tax. The market was evidently …
After a strong 2023, foreign portfolio investor (FPI) inflows into Indian equities were relatively modest in the first half of 2024, amounting to ₹3,201 crore. This follows a substantial inflow of over ₹17,000 crore in the previous year. Despite the market’s bullish trend and multiple new highs, FPIs remained cautious due to uncertainty surrounding the …
Highlighting a decision by the European Commission on June 14, 2024, HFCL said: In the said decision, it was determined that HFCL is the only Indian company not engaged in the dumping of OFC in European markets, whereas provisional anti-dumping duty has been determined on all other Indian optical fiber cable manufacturers in the statement …