Deepak Jasani, an independent market expert, says several penny stocks have lost value during difficult periods. “Investors think that because prices are so cheap, it is unlikely for such stocks to see further correction and hence there is a margin of safety and the potential for profit is large. But this is not the right understanding of margin of safety,” he added.
Asian equities dropped as renewed concerns over artificial-intelligence spending fueled another selloff in chipmakers. Crude oil extended its decline. The MSCI Asia Pacific Index fell 1.2%, with technology shares the biggest losers. The Kospi Index in South Korea dropped 5.6%, while the Nikkei in Japan slid 1.3%. The moves came after a US gauge of…
After spending more than a year on the sidelines, global investors are showing fresh interest in India as sentiment begins to improve across the country’s markets. Citigroup Inc.’s India team returned from meetings with 36 US clients saying appetite for the country’s assets is reviving. Macquarie Capital Securities is seeing a pickup in customer queries…
Shares of Billionbrains Garage Ventures, the parent company of Groww, gained 2.3% to Rs 221 on the BSE on Thursday after its consolidated net profit of Rs 735 crore in the first quarter of FY27, marking a 94.44% year-on-year (YoY) surge from Rs 378 crore in the same period last year. The net profit is…
You spent a lifetime preparing for bull and bear markets; the final risk to manage is an empty afternoon.
With equities, debt and precious metals moving through different cycles, investors are facing a familiar dilemma. Should they try to identify the next outperforming asset class or spread their money across several of them? The recent market environment has made that decision harder. Indian equities have remained volatile amid global macroeconomic and geopolitical uncertainties, while…
Motilal Oswal AMC is steering clear of large banks, IT and FMCG companies as it doubles down on high-growth themes such as defence, renewables, digital businesses, hospitals and capital markets. “We have very little exposure to large banks, IT, commodities, internal combustion engine vehicles and FMCG,” said Prateek Agrawal, managing director and chief executive officer…