Investors believe that with elusive growth opportunities, the companies offering growth deserve a higher valuation. The first set of investors who overpay is generally seen as thought leaders and trendsetters. They go to town highlighting the theme, talking up stock prices, and making the theme fully discovered. Then, more investors follow the theme, bid up stock prices and buy at elevated valuations.
Emerging markets bull Christopher Wood says the spectacular AI trade is showing clear signs of “fatigue”, and Jefferies is responding by tilting exposure toward cheaper, under‑owned markets such as India and China that stand to benefit from mean reversion away from crowded AI winners. He believes the “picks and shovels” of the AI capex boom…
Assessment Year (AY) 2026-27: Resident and Ordinary Resident (ROR) taxpayers who own any foreign assets or earn income from overseas sources must file the correct return form and disclose these assets in Schedule FA. For individuals not subject to tax audits, the due date for filing ITR-2 is 31 July. Even a single foreign asset…
Kolkata: Karur Vysya Bank on Monday reported a 45% jump in first quarter net profit at ₹756 crore as compared with ₹521 crore in the year ago period while its asset quality slipped a tad. The bank’s pre-provision operating profit stood 36% higher at ₹1096 crore, against ₹805 crore earlier, backed by a 32% rise…
It is always a good idea to extend the diversification of your equity portfolio geographically. And getting into China — the world’s second-largest economy — can be particularly appealing. Here’s a look at what are China-focused ETFs, whether they are worth investing in and how much you should hold in your protfolio. What are China…
Mumbai: A glitch at Groww, India’s largest brokerage, prevented clients from withdrawing their funds from their accounts during equity market trading on Friday. Some users took to social media, claiming they were also unable to deposit money into the account. In response to an email query, a Groww spokesperson said the issue was caused by…
Shares of BlueStone Jewellery rallied another 7% to Rs 832 on the BSE on Thursday, extending their winning streak to a third straight session and taking gains to 36% over the period. The buying momentum follows a strong Q1 performance, with the company reporting a net profit of Rs 14 crore, compared with a net…