Despite recent underperformance, wealth managers suggest high-risk investors consider the Nifty IT Index Fund or ETF, staggering investments over 2-3 months. Factors like a high margin of safety, attractive dividend yield, rupee depreciation, and potential easing of tariff concerns create an opportunity. The IT index has fallen significantly, presenting a potential upside with limited downside.
Tata Power shares slide 4% after company loses $490 million arbitration challenge in Singapore. What’s the case about?
Tata Power shares tumbled after the Singapore International Commercial Court dismissed the company’s challenge to a $490 million arbitration award in favour of Kleros Capital