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"India's nominal GDP is growing around 10-11% because we are fundamentally a lower inflation country. So, I think to that extent we need to reset our long-term return expectations," says Prashant Jain, 3P Investment Managers. You were telling us about your next seven-year idea. Seven years back, it was PSUs. And it cannot be a SIP. I think buy Indian equities because India's growth is accelerating. You cannot ignore that. Our cost of capital is lower, you cannot ignore that. The local flows are sizable. And our bank balance sheets, company balance sheets are extremely good. Our current account deficit is low. The external environment is very conducive whether you talk about manufacturing or about services. So, I think I would be positive on India. I would continue to be positive on Indian equities. And see, please appreciate what happened yesterday. If something moves up 10%, 12%, and it is pricing in a lot of expectations. After all, what changed in a single day yesterday? Nothing.

Here is a question I once asked myself while browsing in a modest-sized bookstore, which is one of my favourite things to do: If I had to read all the books in the store section by section, which one would I enjoy the most—and which the least? For me, the second question is easier: I am not a fan of self-help books and business/management books, two genres that have all too much in common. Granted, you can find some good advice in these books. But too often the exhortations are cliched or lacking in context.

«One thing is consensus that they will come to power maybe with not 370 but maybe 300-320 that will be accepted by the market and we may be in a range with a day of profit booking. Does that change the trend? We will know only by the end of the day,» says Sanjiv Bhasin, Director, IIFL Securities. The initial polls are indicating that markets in a sense are getting what they want in terms of an election verdict. So, why is there a such a fall? Well, clearly a large part of everything was played out yesterday. The biggest bout of short covering. Now, it is difficult till 12 o'clock to get clear trends, but like I said if it is not such a big majority and specific groups which may had outperformed particularly PSUs, Adani and the likes, there may be a little bit of froth over there.

₹90, which is 50% higher than the issue price of ₹60. Following a bumper debut, the stock was locked in 5% upper circuit. Beacon Trusteeship IPO started for subscriptions on Tuesday, May 28, and ended on Thursday, May 30.

investors chose to adopt a risk-averse stance ahead of the announcement of Lok Sabha election results later in the day, Sensex opened over 1,600 points lower on Tuesday, dragged by heavyweights Reliance Industries, and financial stocks. As of 9:50 am, the BSE Sensex was trading 1,700 points, or 2.09%, lower at 74,867.26. The Nifty50 was down 509.60 points, or 2.19%, trading at 22,754. Volatility gauge India VIX also spiked 20% to 25 levels.

Adani One, the super app being built by the Ahmedabad based Adani group has launched a cobranded credit card with private sector lender ICICI Bank.

Indian equities soared to new closing highs, the rupee firmed up and bond yields fell to two-year lows on Monday as investors cheered the likelihood of the Bharatiya Janata Party (BJP) returning to power with a strong majority, based on exit poll numbers. The benchmark indices jumped over 3% each, the biggest single-day gain in four years, while the Volatility Index (VIX) — the market's fear gauge — plunged 14.9% a day before votes are counted Tuesday. Whether the bullish momentum continues over the next few trading sessions will depend on how many seats the BJP-led coalition gets. Investors should brace for a brief reversal if the results aren't aligned with exit poll predictions, analysts said. «Given that the exit poll trends translate into results on Tuesday, a continuation of the relief rally can happen, with the market (Nifty) touching 23,500 briefly before profit booking takes over,» said Venugopal Garre, managing director, Bernstein, in a note to clients. «A greater margin of victory — with seats going into the 380-390 or above range — can increase the magnitude but not the duration of the rally.»

Dragon Prince, the popular animated series, will return for its sixth season on Netflix in late July 2024. The new season promises exciting developments and continues the saga with new storylines and characters, according to a What’s on Netflix report.

Sri Lanka beckon the shadowy betting rings. As Dubai turns too hot for comfort amid the glare of investigation on the online gambling empire Mahadev, some of the other faceless operators of illegal betting apps are moving to Sri Lanka.

Karnataka High Court on Monday adjourned JDS MLA HD Revanna's plea on quashing the first information report (FIR) filed against him in a case of alleged abduction of a sexual assault survivor from her home in Mysuru district. The high court will hear the case on Friday. Revanna, a former minister and son of former prime minister HD Deve Gowda, was booked last month on accusations of kidnapping one of the alleged survivors of sexual abuse by his son Prajwal Revanna, who is BJP-led NDA's candidate from Hassan in this Lok Sabha election.

dogwifhat (WIF) price has recently climbed, catching the attention of cryptocurrency traders and enthusiasts alike. As we delve deeper into the dynamics of meme coins, BOOK OF MEME shows a contrasting scenario, with its trading volume decreasing significantly, indicating lower investor interest.

Bharat Dynamics has stood out, experiencing a remarkable surge over the last seven months, leading to a spectacular rally in its shares.Also Read: Exit Polls Impact: 7 BSE Power stocks including Adani Power, NTPC surge to record highsFurther fueling this upward momentum, defence stocks, including Bharat Dynamics, continued their winning streak in today's trading session following exit polls indicating a decisive victory for the BJP-led NDA.Investors remain optimistic that the government will maintain its focus on strengthening the nation's defence sector and fostering greater self-reliance. With an emphasis on indigenous defence production, increased budget allocations, and policies aimed at reducing dependency on imports, the sector is poised for robust growth.

Gone are the days of browsing through phone books or relying on neighbours to find someone to fix your leaking tap or install your AC after a move. Today, on-demand services are transforming how we maintain our homes, making the process faster, simpler, and more conveniently reliable.

car insurance online, it is crucial to consider premium calculation to ensure it fits within your budget.Before we discuss the calculations, it is important to understand the factors influencing car insurance premiums.If your car is registered in an area where statistics show minimal accidental cases and where vehicle movement on the road is less, expect a lower premium. If you reside in an area where natural calamities are common or internal disturbances often lead to riots, the premium will be higher due to the increased risk.The premiums of two cars in the same category may be different.

Nifty Bank rallied nearly 2,000 points or over 4% to climb Mount 51K in intraday trade on Monday, tracking exit poll results indicating political stability. The index rose 1,996 points to close at 50,979. It hit a record high of 51,133.20.

₹50 lakh, and projects in the non-farm service sector that cost up to ₹20 lakh. Under this scheme, a credit guarantee is provided to micro and small enterprises for loans up to ₹5 crore without collateral or a third-party guarantee, subject to certain limits. This programme aims to promote new enterprises, build capacity for existing MSMEs, and inculcate entrepreneurial culture.

₹421.10 apiece on BSE, and the stock touched an intraday high at ₹436.70 and an intraday low of ₹410.45.According to the most latest report from domestic brokerage Nuvama Professional Clients Group, there might be over 17% increase in value of the stock. Due to modest order inflows in Q4FY24 that resulted in a little fall in the order book below ₹20k crore, the brokerage has maintained 'BUY' with a lowered target price of ₹460 (13x FY26E EPS) from ₹475.Also Read: Stocks to buy: NHPC, SJVN among 8 stocks that may rise 6-16% in the next 3-4 weeks, say analysts; do you own any?The company's consolidated revenue for ITD Cementation increased by 38% YoY and 12% QoQ to ₹2,258 crore, according to the report.

Radhakishan Damani portfolio: Trend share price has delivered stellar returns to its positional shareholders in recent years. The muiltibagger stock has risen around 190 percent in one year wheras it has delivered over 1000 percent return in the last five years. This Tata group stock has attracted investments from various institutional and ace investors.

In a statement on Thursday (30 May), the board of the festival argued their ability to deliver this year's event to audiences, authors and staff had been «severely compromised» after several authors withdrew from the festival and activists threatened disruption. «It is with regret that our board of trustees and Baillie Gifford have collectively agreed to end our partnership,» said Jenny Niven, CEO of the Edinburgh International Book Festival. «We are hugely grateful to the firm for its considerable support over two decades, including through some challenging times for the festival, an...

₹11.44 crore from the primary markets. 3C IT Solutions IPO is an SME IPO which will close on June 7.The company offers various IT products and services under 3 segments i.e.

Poll of Polls: 10 exit polls predict 350+ seats for BJP-led NDA, three 400+; INDIA bloc to get less than 200 seatsThe Indian stock market experienced high volatility last month due to the Lok Sabha election. While most experts expected the NDA to retain power at the Centre, the market was nervous amid speculations that the ruling alliance might not secure a strong majority. With exit polls indicating a solid majority win for the NDA, the stock market appears to have shrugged off election-related jitters.Also Read: Exit Poll 2024: How to trade keeping Lok Sabha Election results in mind?Experts are optimistic about the Indian stock market's medium—and long-term prospects.