"There are still some pockets which deserve some merit with a medium to long term view. Our market cap to GDP now is well above 125%. We are 27 times earnings on a trailing basis, about 4.5 times book value. So on every parameter, things are slightly higher than long-term averages and some judicious asset allocation is probably the need of the hour."
“Every correction has been a buying opportunity and the market has continued to go up from there. It could partly be a relief, a breather going into the weekend.â€
Exchanges see surge in signups by young and savvy pros from Patna, Bhopal, Vadodara during pandemic.
Replying to a clarification sought by BSE, Zomato in a regulatory filing said, "...we would like to submit that Mr. Gaurav Gupta is not designated as a key managerial personnel under the Companies Act, 2013, and the Listing Regulations."
​​Investors who opt for discounted real estate in lieu of cash can start contacting wealth managers for more details, Evergrande’s wealth division said in a post on its Wechat account.
Hindustan Petroleum Corp has about 85 EV charging stations and it plans to build new charging stations in its fuel retail outlets, leveraging a country-wide network of fuel stations and brand loyalty.
At present, restaurants charge 5% GST without input tax credit, on the supply of services including supply of food and beverages. Meanwhile, food aggregators such as Swiggy and Zomato are registered as tax collectors at source. They charge 18% GST on delivery charges which consumers pay.
‘All your wholesale bankers like State Bank, Axis Bank, ICICI in the whole banking sector should rally next week as well’
The coming week may see the 17,680 and 17,790 levels put up strong resistance, while support may come in at 17,480 and 17,355 levels. The trading range is likely to stay wider than usual in the coming days.
Kahn said an investor should initially focus on preserving capital, instead of targeting huge returns on investment from the outset. "If you achieve only reasonable returns and suffer minimal losses, will you become a wealthy man and surpass any gambler friends that you have. This is also a good way to cure your sleeping problems," he said.
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