Within India, Chandan isn’t making narrow thematic bets either. “Sector-wise, I see meaningful opportunities in financials, materials, industrials, pharmaceuticals and consumer discretionary. The focus remains on identifying quality businesses with strong growth potential, reasonable valuations and the ability to compound earnings over the medium to long term.”
Shares of Billionbrains Garage Ventures, the parent company of broking platform Groww, surged nearly 8% to an intraday high of Rs 219 on the BSE after the company reported strong Q1 FY27 earnings. The company posted a consolidated net profit of Rs 735 crore for the quarter, up 94.44% from Rs 378 crore in the…
The S&P 500 finished slightly lower on Monday as investors looked for signs of Middle East de-escalation while awaiting earnings reports from major technology companies later this week. The second-quarter earnings season is set to gather pace, with results due from companies such as Alphabet, Tesla and Intel. These will provide a broader view of…
Systematic Investment Plans (SIPs) have become the preferred route for millions of investors to build long-term wealth. However, many investors do it without assigning a clear purpose to each investment. This often leads to overlapping investments and makes it harder to track progress. “A SIP is merely a mode of investing. The real purpose should…
Gold and silver prices: The price of the yellow metal in India’s retail market rose on Wednesday, 22 July, amid continued tensions between the United States and Iran. Both 24-karat and 22-karat gold rates are showing a marginal increase across major cities. Silver prices, on the other hand, declined in the domestic bullion market. MCX…
Asian stocks gained as investors piled back into semiconductor stocks on renewed optimism over AI-driven demand. Oil fell. The MSCI Asia Pacific Index climbed 0.5%, led by a 2.6% rally in South Korea’s Kospi, though the regional benchmark remained on track for a weekly loss. SK Hynix Inc. swung between gains and losses in Seoul…
A retired Bharat Sanchar Nigam Ltd (BSNL) employee has secured complete tax relief on a ₹39.96 lakh voluntary retirement payout after the Chennai bench of the Income Tax Appellate Tribunal (ITAT) held that the compensation received under the BSNL Voluntary Retirement Scheme (VRS)-2019 qualifies for exemption under Section 10(10B) of the Income-tax Act. The ruling…