Will Trump’s H-1B visa fee hike sink Indian IT stocks?
Indian IT stocks are expected to face a sell-off following President Trump’s increase in H-1B visa costs, potentially impacting profitability and prompting companies to rethink hiring strategies. While larger firms may manage, mid-tier companies heavily reliant on new visas could experience a sharper impact.
September sees record number of IPOs as small and mid-sized companies rush to market
IPO market is booming this September. Several small and mid-sized companies are launching IPOs before the end of the month. Twenty-five IPOs are expected this month. Many companies are rushing to avoid competition from larger firms in the next quarter. Nine IPOs have already opened, and more are scheduled.
How Jefferies’ Chris Wood tweaked his portfolio after removing RIL. Check full list of stocks
Chris Wood, global head of equity strategy at Jefferies, has revealed the latest holdings in the brokerage’s India long-only equity portfolio, adding a basket of Indian stocks across various sectors. Interestingly, Ambuja Cements, Le Travenues Technology (Ixigo) and Lemon Tree Hotels were introduced with a 4% weighting in each. This was done after selling the […]
What’s behind Warren Buffett’s car philosophy? Here’s why the billionaire refuses to buy a new one
Warren Buffett, known for his value investing, still drives his 2014 Cadillac XTS at 94. Despite his wealth, Buffett prioritizes utility over luxury, valuing his time more than a new car. He avoids the time-consuming process of car shopping, emphasizing quality and longevity.
F&O Talk | Nifty heading towards 26k? Crucial breakout may boost sentiment: Sudeep Shah
Indian equities marked a third consecutive week of gains, fueled by optimism surrounding India-US trade talks and expectations of a US Federal Reserve rate cut. Analyst Sudeep Shah anticipates a brief market pause before a potential rally towards 25,750-26,000 for the Nifty. Bank Nifty also showed strength, with key levels to watch at 55,000-56,000.
Next big theme on D-Street! 5 data centre stocks that could surge up to 60%
Too much weight on too few stocks? Gurmeet Chadha suggests broader metrics for index composition
Concerns are rising over the weighting methodology of Indian indices like Nifty and Bank Nifty, with experts suggesting a re-evaluation. Gurmeet Chadha proposes incorporating GDP representation alongside free-float market cap. He highlighted that HDFC and ICICI constitute a significant portion of Bank Nifty.
7 mutual funds trim their exposure in 21 midcap stocks in August
Seven mutual funds have reduced their exposure in 21 midcap stocks in August. Mutual funds, add, exit or trim their exposure to actively manage their portfolio. Here is the detailed breakup, according to a report by Nuvama Institutional Equities.
Fed’s Rate Cut: Ripple effects across commodities, currencies, and global markets
The U.S. Federal Reserve’s recent interest rate cut, signaling further easing due to labor market concerns, has triggered a global monetary policy shift. The dollar is weakening, boosting the euro, yen, and pound. Gold and silver prices have surged to record highs, while base metals show mixed trends. Crude oil prices remain steady amid oversupply […]
How Jefferies’ Chris Wood tweaked his portfolio after removing RIL. Check full list of stocks
Interestingly, Ambuja Cements, Le Travenues Technology (Ixigo) and Lemon Tree Hotels were introduced with a 4% weighting in each. This was done after selling the entire stake in Reliance Industries and Axis Bank and by shaving one percentage point each off the investments in ICICI Bank, REC and JSW Energy. Check the full list of […]