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earlier piece, I discussed why people generally do not get rich with stocks. I attributed this to: > One, there is an under allocation to direct stocks as a percentage of overall wealth >Two, there are too many stocks in a portfolio >Three, there is a lack of an allocation plan between each stock >Fourth, the win rate with direct stocks is very poor These are almost unarguable facts. But then we do know that a few people do get really rich investing directly in stocks.

New Delhi: Prices of industrial materials have been on a decline for a while now, raising concerns for various sectors, but analysts foresee a potential rebound in the latter half of 2023, according to a report by S&P Global Market Intelligence. The Materials Price Index (MPI) compiled by S&P Global Market Intelligence reveals a 2.8% sequential decline in industrial materials prices during June . The second quarter of 2023 recorded a staggering 32% year-over-year (YoY) slump.

Hindustan Times, Kai Bird said, “After he [Oppenheimer] was humiliated in 1954...Nehru offered him to come to India and become a citizen...But I do not think Oppenheimer considered it [the offer] seriously because he was a deeply patriotic American." In October 1954, Oppenheimer gave a speech saying that these atomic bombs were weapons for aggressors. “These are weapons of terror. They are not defensive weapons.

Vedanta share price fell over 2% on Monday's trading session after the company's 1FY24 numbers fell in short of the street's expectations and dismayed investors. Vedanta Limited recorded a 40% (YoY) fall in net consolidated profits from 5,592 crore to 3,308 crore in its first quarter results, which were released on Friday. The company's sales decreased by 13% from 38,251 crore in the first quarter of FY23 to 33,242 crore in the first quarter of FY24.

Mukesh Ambani continues to focus on market share gains in the telecom space, any tariff hike by Reliance Jio is unlikely in FY24, analysts say. During the June quarter, Jio's average revenue per user or APRU grew 2.8% year-on-year (YoY) at Rs 180.5 due to increased data consumption, improvement in subscriber mix, and rising share of revenues from the home broadband business. «Hefty network capacity additions with the recent JioBharat launch suggest a higher focus on subscriber gains and do not bode well for tariff hikes.

Mphasis Ltd remain a disappointed lot. The mid-tier IT company saw its sequential constant currency revenue decline for the third consecutive quarter in June (Q1FY24). Revenue fell by 3.3%, higher than analysts estimates.

Barbenheimer' craze is taking over India. With 'Oppenheimer' and 'Barbie' hitting the screen nationwide last week on July 21 (Friday), the clash of the titans at the box-office has been an epic one.

Adani Ports and Special Economic Zone (APSEZ), the largest private port operator in the country, will be under investors’ radar as the stock is set to turn ex-dividend this week. Adani Ports shares will trade ex-dividend for a dividend of 250% for FY23 on Friday, July 28, 2023.

IRCTC, part of the travel and tour industry, is looking weak on charts and chart structure suggests that the stock is likely to remain under pressure. Short to medium-term traders can look to sell the stock for a target below Rs 500 in the next 6 months, suggest experts. The stock closed at Rs 623 on 21st July 2023.

The duelling cinema debuts of Barbie and Oppenheimer — an event that’s taken on the moniker ”Barbenheimer” — led the Australian box office to its biggest Saturday and Sunday takings ever recorded.

CTV News channel.  On July 9, Gurvinder was delivering pizza at around 2.10 am on Mississauga's Britannia and Creditview roads, when unknown suspects confronted him and tried to steal his vehicle, PTI reported.  “Investigators do believe that there are multiple suspects involved and that the food order was placed as a means of luring the driver to this specific area. They have obtained an audio recording of the Pizza Pizza order placed before the attack," Inspector Phil King of Peel Regional Police’s Homicide Bureau said.  Police informed that Nath was violently assaulted and left critically injured by a suspect who robbed him of his vehicle and fled the scene.

Oppenheimer and Barbie (together called Barbenheimer), and Mission Impossible 7 - have collectively raked in ₹78 crore ( ₹92 crore gross) over the weekend, as per Pinkvilla. This remarkable performance has resulted in one of the biggest non-holiday weekends in the post-pandemic world. Leading the pack is Christopher Nolan's Oppenheimer, a biopic of American Physicist J.

As gilt funds have started looking attractive, investors are gradually betting on them for higher long-term returns. In the six months to June this year, these funds have reported net inflows of Rs 5,530 crore as compared with net outflows of Rs 1,254 crore during the same period last year.

China's central bank sold cash deposits at 2%, the lowest on record, pressured by reductions in deposit rates at commercial lenders and market expectations of more monetary easing. The People's Bank of China (PBOC) sold 60 billion yuan ($8.35 billion) worth of finance ministry one-month deposits 75 basis points lower than the previous auction in May.

Transport Corporation (KSRTC) for compensation in a British court, which ruled in their favour. The couple then tried to get the British court order executed in India but Justice HP Sandesh in his judgement on July 14 nullified it.

Reliance Industries share price fell 2.3% to a low of Rs 2,481 in trade on Monday as the street factored in Mukesh Ambani-led RIL’s first quarterly earnings for the fiscal year. Reliance Industries released its first quarter earnings with profit at Rs 16,011 crore, down 10.8% in comparison to Rs 17,955 crore during the first quarter of FY23, on account of softening demand and a drop in petrochemical margins, which have tanked from record highs last year. On account of higher finance cost and increased depreciation. It posted revenue from operations at Rs 2,10,831 crore, down 5.3% on-year.

₹3,370.90 crore in the purchase on Friday, while DIIs sold shares for a net total of ₹193.02 crore.Dr V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services: The near-term market trend will be influenced by a host of factors like the recent Q1 results, some major results expected this week and policy decisions like the Fed meeting outcome on Wednesday.Q1 results of RIL, though a tad disappointing on top and bottom line, are good when viewed from the perspective of the growth engines of the company - Jio Infocom and Reliance Retail - which are doing well and shows promise of improving, going forward. ICICI Bank has delivered the best results in the banking universe with 40% growth in net profit and impressive loan growth.

ANI reported. Dharwad District Commissioner Gurudatta Hegde declared a one-day holiday for educational institutes on Sunday.

International Cricket Council (ICC) has imposed a fine on Harmanpreet Kaur for her behaviour during the third and final ODI against Bangladesh. The ICC has deducted 75 percent of her match fee and added 3 demerit points to her record. During the match, the captain of India's women's cricket team expressed her displeasure with the umpire's decision by hitting the stumps with her bat after being given out.

India's CoWIN vaccine portal, the head of the National Health Authority, RS Sharma, said that it had «state-of-the-art security infrastructure and has never faced a security breach.» Last month, Sharma's own personal data was exposed in a massive leak of CoWIN data via the Telegram app. Officials first denied a breach had taken place, then days later, Delhi police said they had arrested two individuals in relation to the leak.

maternity leave to female employees is not just a violation of their rights but an assault on their dignity and right to life. As per ToI report, Justice Sashikanta Mishra ordered that maternity leave is an inherent right of every woman employee and cannot be denied on technical grounds, as it goes against the natural order of life. The case in question involved Swornalata Dash, an assistant teacher at the Practicing Girls’ High School, Keonjhar, an aided educational institution.