Sachin drops blockbuster message for broad as ENG star scripts perfect farewell
Sachin Tendulkar has shared a special message for Stuart broad after the England star fashioned a stunning win for Ben Stokes and Co. in his Ashes swansong. | Cricket Key Points
Hindustan TimesBroad's brutal dig at ‘no.1 villain’ tag for Robinson: ‘Can’t lose it already?'
Stuart broad had a savage reply after Ollie Robinson was called ‘no.1 villain’ by an Australian channel. | Cricket Key Points
Hindustan TimesWhy Radhika Gupta, Edelweiss MF MD & CEO, wants you to invest in 'dal chawal' funds
India Business News: What’s a dal chawal fund? broad based funds that are all weather and span a range of sectors. Balanced advantage and aggressive hybrid types. Key Points
Times Of IndiaSVB impact: Sensex slumps 897 pts, Nifty ends near 17,150; PSBs worst hit
CLOSING BELL: The Sensex and Nifty hit fresh calendar year lows in trades on Monday amid the broad-based sell-off. Reliance Industries registered 52-week low. Key Points
Business StandardThere is more to BFSI than just banks: Financial services stocks with “Buy” rating which may deliver 12-30
In the last few weeks, just because one bank has underperformed and was able to drag the market lower, that does not mean everything in one of the most important sectors of the economy, which is BFSI, is bad. This distinction needs to be made because in BFSI space every segment has a very different operating matrix and hence the growth path. So, while banks might be under pressure, AMCs have been doing well. Similarly, life insurers are under pressure but the general insurance companies have done well. So rather than a broad brush, have a look at companies individually for better decision-making. So rather than a broad brush, have a look at companies individually for better decision-making as analysts are bullish on many companies in the financial services space. Key Points
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Broadcom falls as forecast pales before Nvidia's blowout results
Broadcom shares (AVGO.O) fell nearly 5% on Friday as the semiconductor maker's quarterly revenue forecast fell short of investors' lofty expectations following bigger rival Nvidia's (NVDA.O) AI-powered blockbuster results. Key Points
ReutersNo structural breakdown yet in small and midcap indices: Anand James
The gap between largecaps and small and mid cap indices is widening, but no structural breakdown has occurred. IT stocks, except for TCS, are in a downtrend. Tata Steel shares hit fresh 52-week highs. A largecap route is a more broad based one, while smaller cap approach is often in search of superlative returns, and provides a larger universe to pick. This advantage stays with the smaller market capitalized segment. Key Points
Economic TimesReady for another round of outperformance? 4 tile and ceramic product maker stocks with upside potential o
Like many industries, home building products like ceramic tiles got a sharp re-rating in the last couple of years. Any company with a strong brand got to valuations which were much higher than average valuation they got in years. As it happens, when valuations reach an extreme high zone, self correction sets in. Stocks move in a broad range, they tend to under perform in a bullish market, but at the time in a bearish market they outperform by falling less as compared to another. Essentially, they witness a time wise correction for a period where earnings reach a level that their valuations become normal. After becoming normal, the probability of another round of strong upward movement increases. Key Points
Economic TimesBroadcom's $69 bln VMware deal wins provisional UK clearance
Britain's competition regulator provisionally cleared U.S. tech company Broadcom's (AVGO.O) $69 billion purchase of VMware (VMW.N) on Wednesday, saying the deal would not weaken competition in the supply of critical computer server products. Key Points
ReutersIndia-EU work stream on CBAM, FDI, WTO to address trade, tech issues
Officials said that the two sides have established a work stream under the India-EU TTC wherein issues have been clubbed under five broad areas—market access, World Trade Organization, FDI, CBAM and global value chains. The work stream will address key issues in these areas. Key Points
Economic Times