Indian Railway Finance Corporation Share Price 180.85 04:13 PM | 27 Aug 2024 -0.21(-0.12%) One97 Communications Share Price 545.15 04:13 PM | 27 Aug 2024 14.75(2.79%) YES Bank Share Price 24.02 04:13 PM | 27 Aug 2024 -0.06(-0.25%) ITC Share Price 500.6 04:13 PM | 27 Aug 2024 -5.1(-1.01%) HDFC Bank Share Price 1637.75 04:13 … Read more
Marc Faber, Author, The Gloom, Boom & Doom Report, says, everything is in a bubble. On Monday, they sold a t-shirt of the famous US baseball player Babe Ruth, for $24.1 million. It is grossly inflated. The most inflated are the FAANG stocks in the US, the so-called Magnificent Seven. The Magnificent Seven stocks have … Read more
Bank of America (BofA) bought 1.3 lakh shares of Interarch Building Products on Monday via a block deal at a cost of Rs 16.74 crore. The stock made its debut on the exchanges today and against the issue price of Rs 900, BofA bought Interarch shares at a price of 1,287.75 per share which was … Read more
Marc Faber, a veteran Swiss investor based in Thailand, is renowned for his bearish market predictions. He has earned a reputation for accurately forecasting economic downturns and is famously referred to as Dr Doom. Speaking to ET Now, Faber revealed how he earned the epithet. The story dates back to the 1970s. Faber relentlessly wrote … Read more
Rajesh Bhatia, CIO, ITI MF, says analysts are saying there is going to be a 30% growth rate for the next two years and I am going to incorporate that and on that, I am going to give a higher PE. These are highly cyclical businesses and high beta. So if there is a correction … Read more
Asian shares crept cautiously higher on Monday, while the dollar and bond yields were on the wane ahead of inflation data that investors hope will pave the way for rate cuts in the United States and Europe. Oil prices climbed 0.7% after Israel and Hezabollah traded rocket salvos and air strikes on Sunday, stirring worries … Read more
Kenneth Andrade, CIO, Old Bridge Mutual Fund, says the current market environment is not offering any value opportunities. “As an active manager, we need to move our lens to 2030, then we could look at some probable opportunities that would be a part of the portfolio. Edited excerpts from a chat: Investors who have made … Read more
“I am expecting a 25 basis point, not because the markets do not need more, it is just that an extreme move like a 50 basis point might really scare the markets and that is definitely not what the Federal Bank is trying to achieve,” says Farah Mourad, Senior Market Analyst, Equiti Group.Now promising data … Read more
For those worried about buying stocks in an expensive-looking market, sector rotation can be an effective money-making strategy, according to Mohammed Abrar Asif, Co-CEO of Riyadh-based Hades Financial Private Capital Group. “This involves reallocating investments from overvalued sectors to those with more attractive valuations. For example, while IT and Financial Services have seen significant run-ups, … Read more
London : China may see its first yearly outflow from equities in 2024 — but if and when it happens, investors won’t know from exchange data. That’s because the country’s stock exchanges will stop releasing daily data on overseas fund flows starting Monday, depriving investors of a key sentiment indicator to track the $8.3 trillion … Read more
