Akre’s tips to spot good businesses using Three-legged Stool Theory
Eminent value investor Chuck Akre says to become a good investor, it is important to read about the businesses which look attractive for investment. He advises investors to read business biographies of their target companies because they can say a great deal about human behaviour. These biographies also reveal how great minds behave in their […]
These 5 sectors rocked on Dalal Street last week; will the bull run sustain?
The Sensex rallied more than 1,600 points or 2.4% last week and ended at a record closing high of 71483.75 points on Friday. While the gains were broad-based in the market, information technology, metals, infrastructure, and realty topped the list.
IPO Watch: Muthoot Microfin raises Rs 285 crore via pre-IPO placement to 26 investors
The company has allocated 97,93,812 shares to 26 anchor investors. These include foreign portfolio investors like Morgan Stanley, Societe Generale, Copthall Mauritius Investment.
Oil prices remain under pressure on softening demand and oversupply worries
The US benchmark, NYMEX futures, slipped below $70 a barrel last week while its Asian counterpart, Brent crude, traded at a six-month low of $72 a barrel. A similar sell-off was witnessed in the domestic futures as well, but a weak Indian rupee prevented major liquidation in the commodity.