Nicholas Sleep’s investing lessons: Why patience, conviction and long-term thinking matter
Nicholas Sleep’s investment philosophy emphasises independent thinking, patience, and understanding business fundamentals. His successful Nomad Investment Partnership demonstrated the value of identifying high-quality businesses, assessing sustainable competitive advantages, and focusing on long-term value rather than daily price movements. He advocated disciplined research, selective diversification, emotional control, continuous learning, and adapting decisions when circumstances change.
Concurrent Gainers: 15 stocks gain for 5 days in a row
Over the five trading sessions ended October 16, the Sensex gained 3.11%, or 2,257 points, to close at 74,729. The benchmark index closed higher in three of the five sessions between October 12 and 16. Amid the broader market rally, around 22 BSE 500 stocks advanced in each of the five consecutive trading sessions. Of […]
ET Alpha Wealth Summit 2.0 | Why alternatives are becoming essential for wealth creation beyond stocks and bonds, says Rahul Jain
Nuvama Wealth Management’s Rahul Jain says alternative investments can diversify portfolios through private markets, AIFs, private credit, REITs and InvITs. He recommends evaluating risk before returns and taxes, while considering global equities and liquidity constraints when determining portfolio allocations.
Why India’s steel demand is defying global weakness
India’s steel prices are rising despite weak global markets, supported by infrastructure spending, manufacturing growth and higher input costs. While Chinese oversupply pressures international prices, robust domestic consumption and capacity utilisation underpin India’s outlook, with cheaper imports remaining a key risk.
Jio IPO’s grey market hints at 20% listing pop. What are Emkay, SBI Securities saying?
Jio Platforms’ Rs 30,200 crore IPO commands a grey market premium of Rs 221, suggesting nearly 20% listing gains. Emkay Global and SBI Securities highlight its telecom leadership, earnings growth, digital expansion and technology strengths, while flagging regulatory, competitive and financial risks.
Brentcrude oil prices hit $110 for first time since May as Iran attacks continue, Ukraine eyes Russia energy infra
Brent crude surpassed $110 per barrel as escalating attacks around the Strait of Hormuz and renewed Russia-Ukraine hostilities heightened global supply concerns. WTI also surged, recording weekly gains above 10%. Goldman Sachs warned prices could reach $120 if shipping disruptions worsen, while easing tensions could bring crude towards $80.
ETMarkets Smart Talk | Manufacturing, healthcare and financialisation could create India’s next wealth creators: Sanjay Doshi
Abakkus Mutual Fund’s Sanjay Doshi sees opportunities across market capitalisations, despite elevated mid- and smallcap valuations. He urges investors to prioritise sustainable earnings, cash flows and returns on capital, maintain disciplined stock selection and align SIP allocations with long-term goals.
REC and Cochin Shipyard among top 5 midcap stocks that saw highest mutual fund selling in September
These top five midcap stocks witnessed the highest net selling by mutual funds in September. Here is a detailed breakup, according to a report by Motilal Oswal Financial Services.
AI bubble burst may trigger 2008-like banking crisis, says Gary Marcus
In a recent discussion, Gary Marcus raised critical flags about OpenAI’s fiscal responsibilities as the stock market faces instability. He warned that the demise of leading AI firms could trigger extensive financial repercussions. Notably, Marcus compared the current climate to WeWork’s disastrous decline, suggesting that Microsoft might pick up OpenAI at a bargain.
IT’s time to celebrate when chips are down; Nifty IT soars 11.7% to log biggest weekly rally since 2008
The Indian IT sector experienced an impressive surge, achieving its highest weekly increase in 18 years, driven by unexpectedly strong quarterly results from companies like HCLTech. The Nifty IT index jumped 11.7%, amidst falling semiconductor stock prices in Asia. Furthermore, the rupee showed notable strength, closing below the 95-mark for the first time in 38 […]