Indian benchmark indices ended with cuts on Thursday led by massive selling pressure on IT stocks. The other notable laggards were energy and real estate stocks. While Nifty ended at 25,807.20, down 146.65 points or 0.57%, the BSE Sensex fell 558.72 points or 0.66% to 83,674.92. Meanwhile, the volatility gauge India VIX ended at 11.73, […]
A sharp rise in GIFT Nifty paved the way for a strong opening on Dalal Street on Tuesday after India and the US announced a long-awaited trade deal, allaying tariff concerns that had weighed on Indian markets for months. GIFT Nifty rose nearly 800 points before easing a bit, signaling a broad-based relief rally. The […]
Shares of export-reliant textile and shrimp companies witnessed renewed buying on Thursday, rising up to 8% on rising hopes of an India-US trade deal. On the sidelines of the World Economic Forum in Davos, US President Donald Trump told Moneycontrol that Washington will have a “good deal with India”, adding that he has great respect […]
Fund manager Siddhartha Bhaiya, who recently passed away after suffering a cardiac arrest, had turned cautious on Indian equities in his latest views while spotting selective opportunities in global markets. He remained bullish on non-tech themes in the US, consumption-led developments in China and defensive sectors in Europe, which he said offered better risk-adjusted opportunities.“As […]
Maverick fund manager Siddhartha Bhaiya, who passed away on Wednesday, December 31 due to cardiac arrest, once said he would have been a ‘bean counter’ had he not become an investor, a revelation he made in an interview with PMSBazaar. Widely known for his knack for identifying small-cap multibaggers, the 47-year-old was inspired by Warren […]
Mumbai-based, 47-year-old chartered accountant Siddhartha Bhaiya, who passed away this Wednesday after suffering a cardiac arrest while on holiday in New Zealand, was a counter-stock picker who looked at both value and growth investing principles to pick smallcap and midcap multibagger stocks early on. His Rs 4,000 crore PMS fund, India Opportunities Fund, has grown […]
In a week in which markets saw incremental profit instead of a runaway rally, 64% shares (319) in BSE 500 managed to end up positively a week on a week. This resulted in 8 shares with double digits of up to 15%, resulting in an increase of 1.6% for the index. While more than 30 […]
Shares of seafood -exporters such as Avanti Feeds, Apex Frozen Foods and Waterbase LTD Zoomden up to 17% on Wednesday 10 September after the European Union (EU) had mentioned 102 new Indian fishing companies for export from India to EU member states. Apex Frozen Foods shares led the rally in aquaculture shares and rose 16.7% […]
Sharnals and textile exporters fell no less than 12% on Thursday after the 50% rate of US President Donald Trump came into force on Indian input, the competitiveness was running out and caused a broad sale in some of the most export -dependent companies in India. Shares of the leading shrimp expiders of India fell, […]