Gold has risen over 20% during 4 global crises. Check details here
A study by Windmill Capital, a wholly owned subsidiary of Smallcase Technologies, suggests that gold is an efficient asset class that provides safety. Historically, whenever there is turmoil in the market, investors’ natural tendency is to flee to safety. Gold as an asset class tends to do well during crises.
E-invoice: GST authorities to start sending advisories to non-complaint businesses
E-invoicing was initially implemented for large companies with turnover of more than Rs 500 crore, and within 3 years the threshold has now been lowered to Rs 5 crore.
New year, new hopes: 5 smallcap stk recommendations for Samvat 2080
After the record-breaking run in equities in Samvat 2079 — the year as per the Hindu calendar ending this week — upbeat market participants are betting on further gains in the new year. The Nifty and Sensex gained roughly 9% each during Samvat 2079 so far, while the Nifty Midcap 100 and Small-cap 100 indices […]
Central banks cannot remain spectators to climate change: RBI Deputy Guv Michael Patra
Patra acknowledged that though central banks generally pursue a relatively narrow mandate focused on stability without climate change being a part of it. But as evidence accumulates that climate change is overwhelmingly due to human activity, central banks cannot just remain silent spectators.
Russian oil shaves India’s import costs by about $2.7 bln
India imported 69.06 million metric tons of Russian oil, equivalent to 1.85 million barrels per day (bpd), between January and September, commerce ministry data showed, including Russian oil imported from South Korea, Greece and Spain through transshipments.
Tech View: Range-bound Nifty forms Doji candle. Here’s what traders should do on Thursday
Derivative data showed that on the call side, the highest OI was observed at 19,500, followed by 19,600 strike prices, while on the put side, the highest OI was at 19,400 strike price.
Stocks of oil marketing companies surge up to 7% as crude oil slips to 3-month lows
Crude oil prices fell on Wednesday to their lowest in over three months, after industry data showed a steep build in US crude supplies, while mixed Chinese economic data raised worries about global demand for crude, a Reuters report said.
After doubling money in 3 months, Suzlon stock may get $200 million boost
IIFL Securities said it expects Tata Communications, Macrotech Developers, APL Apollo Tubes, Persistent Systems, IndsInd Bank, Polycab, Paytm and Suzlon likely to be added to the MSCI India Standard Index after the review.
Diwali doublers: InCred gunning for 3 stocks that can gain up to 311% in 3 years
A bottoms-up stock analysis of companies with strong business momentum, healthy ROE/ROCE profile, at least 15% EPS CAGR for FY24-26F, and a forward PE/PBV valuation near mean/ below mean of the last 5-10 years shows 10 stocks can rally within 46-311% in 3 years.
Diwali Technical Picks 2023: 10 stock recommendations for your portfolio
This Diwali, the domestic brokerages have selected some promising stocks which on technical parameters have the strength and potential to yield decent returns.