Aditya Arora suggests avoiding midcap IT stocks and advises selling Asian Paints. Read on to learn more about his recommendations.
Sumit Poddar, CEO of Tikona Capital, advises investors to stay invested in the market and shares his thoughts on why we are not in a bubble zone. However, he also emphasizes the importance of remaining watchful.
New entrants in the mutual fund industry are expanding their reach in smaller cities, causing a decrease in the market share of the top-5 states, according to a report by ICRA Analytics.
Amar Deo Singh, an industry expert, predicts a significant growth of 4x-5x in the Mutual Fund industry over the next decade. This prediction highlights the potential of the industry and its attractiveness as an investment option. Read more to delve into the insights shared by Amar Deo Singh.
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Sushant Bhansali predicts that the ongoing rally in the stock market will persist for a significant period. He emphasizes the need for a premiumisation strategy in different market segments. Click to read more for expert views on the market’s current state.
Prime Minister Narendra Modi will attend the golden jubilee celebrations of Gujarat Cooperative Milk Marketing Federation (GCMMF), which owns the ‘Amul’ brand, and inaugurate five projects worth Rs 1,200 crore. More than 1.25 lakh dairy farmers, with representatives from around 18,600 villages in Gujarat, will attend the programme. GCMMF’s vision for the next 25 years will also be discussed.
India and Taiwan have signed an agreement to allow Indian migrant workers to enter Taiwan and address the labor shortage. Taiwan, known for its semiconductor production, currently relies on migrant workers from Southeast Asian countries. The memorandum of understanding has been signed, but details are yet to be finalized. This move is influenced by India’s strained relationship with China.
The fourth tranche of the Sovereign Gold Bond (SGB) scheme opens for subscription today at a price of Rs 6,263 per gram. Investors applying online get a discount of Rs 50 per gram. The subscription period ends on February 16, and the date of issuance is set as February 21. The price of SGB is based on the average closing gold price of the previous three business days. The scheme aims to promote financial savings and reduce the demand for physical gold.
Investment in developing oilfields is predicted to decline below $3.5 billion by 2030, according to industry experts. This decrease is attributed to a combination of factors such as lower oil prices, increasing focus on renewable energy, and advancements in technology. Read more to understand the potential impacts of this drop in capex on the oil and gas industry.
Actis, a UK-based investor in sustainable infrastructure, will acquire a portfolio of operational and under-construction Hybrid Annuity Model (HAM) road assets from Patel Infrastructure Limited.
