Tech stocks rally up to 18% in a week, Is the worst over for IT pack?
All the spending is going into IT, whether it is in terms of digitalisation, cloud migration or Blockchain. These are strategic spends and not discretionary in nature, said Nitin Raheja, Executive Director, Head – Discretionary Equities, Julius Baer Wealth Advisors.
Tamilnad Mercantile Bank IPO: Here’s how to check allotment status and GMP
The company’s Rs 832 crore primary offering was sold in the range of Rs 500-525 per equity share. The issue had received a muted response from all the categories of investors, subscribing 2.86 times between September 5-7.
These 7 companies gain upto 750% in 5 years
After careful analysis of companies that consistently grow cash from their operation, only 7 stocks have made the cut which have gained over 100 per cent in the last 5-year time frame.For this analysis, Nifty 500 companies were considered which were able to increase their operating cash from each preceding fiscal year since FY18. To […]
Vakrangee, Angel One among 25 stocks that rallied up to 36% during the week
Leading the gains, Vakrangee zoomed over 36 per cent to Rs 37.65 during the week on the back of heavy volumes. The bourses sought clarification from the IT enabled service provider over the same.
What is driving the stock market – noise or facts?
Holistically the markets move in cycles and it has the tendency to be forward-looking. Therefore, both the good and the bad news gets discounted before it has truly occurred. The news that the West could go into recession is no longer ‘NEWS’. It has been fairly discounted by the market like it had discounted previous […]
Mind Over Money: How chanting and Hatha Yoga help this Director manage stress and sharpen leadership skills
“The practice of chanting daily along with exercise by way of yoga or swimming gives a supercharge to every day. It creates a rhythm and discipline in life that helps to maintain both physical and mental well-being. Moreover, it creates a meaningful balance that strengthens the mind to cope with stressful situations with grit and […]
5 world market themes for the week ahead
The Bank of England meets on Thursday and must gauge the implications for inflation from the government’s huge energy bill bailout of households. The measures will bring down price pressures in the short-term but could stoke them further ahead as consumers are spared the worst of the hit to their finances.
Don’t get NFTs just to show off, look for value in it: Arijit Mukherjee, Yunometa
“People need to find value in what they’re buying versus having an NFT for the sake of showing off. This means that unique and innovative projects will drive most of the new NFT drops. Sport NFTs, with their inherent connection to people’s hearts and fandom, is definitely one of the best ways of not just […]
Wall Street Week Ahead: More worries for US stocks, bonds: Fed ramps up ‘QT’
The economy is already in a glide path to recession and the Fed’s quickening pace in terms of QT will accelerate the decline in stock prices and increase in bond yields, said Phil Orlando, chief equity market strategist at Federated Hermes, who recently increased his cash allocation to a 20-year high.
Wall Street scores first weekly gain since mid-August
Investors are jittery about the prospects of another outsized interest rate hike from the Federal Reserve. On Friday, Fed Governor Christopher Waller said the Fed should be aggressive with rate hikes while the economy “can take a punch,” while Kansas City Fed President Esther George said taming inflation could be a tough task.