For risk takers with long-term perspective: 5 midcap stocks with upside potential of up to 47%
Now that sensex has turned negative for 2024, focus will shift on how the returns. The narrative will focus on how returns and how the valuations are expensive. Yes, there is no doubt that valuations are expensive, they were even higher a month back, when everyone was saying cheers to mid-cap. At this point of time the question whether “ I should sell or buy more” needs to be replaced by “what business do I own and whether that business is going to grow or not” The reason why it is important to change the question itself is the fact that it business on the ground which will make the difference between in final returns. If by next month, markets are rallying once again, then all this talk about valuation will go away in thin air. Key Points
Economic TimesWhy is San Diego the most expensive US city? Check criteria and rankings of other places
In the relentless competition for the title of the costliest city in the United States, San Diego has emerged as an unexpected leader for the year 2023-2024, as revealed by the U.S. News & World Report's annual list of the Most expensive Places to Live. Key Points
Economic TimesWhy a Recent Survey Lists Los Angeles As Second-Most expensive City In US
Los Angeles is ranked as the second-most expensive city in the US. All the key factors, including housing costs and quality of life contribute to its high living expenses and how it compares to other major cities. Key Points
Economic TimesPat Cummins bags biggest-ever IPL deal, goes to Sunrisers Hyderabad for Rs 20.50 crore
Australia's Pat Cummins became the most expensive player in IPL history, fetching a staggering Rs 20.50 crore bid from Sunrisers Hyderabad in the IPL Auction on Tuesday. The 30-year-old, a crucial part of Australia's ODI Men's Cricket World Cup-winning team, surpassed Sam Curran to claim the record. Cummins skipped the previous edition of IPL due to a hectic schedule. Key Points
Economic TimesThis is Most expensive Animated film ever made. Know how much Disney spent on it
Though animated films don't need massive sets and expensive locations, they need hours after hours of time just to construct a single frame. Disney spent $260 million on making 'Tangled'. Know about the most expensive 2D-animated Film and Biggest Animated Box Office Bomb. Key Points
Economic Times
Mumbai is India's most costly city to live in, Delhi and Chennai follow: Report
Mercer’s 2024 Cost of Living survey has ranked Mumbai as the most expensive city in India to live in and 136th on a global parameter. Mumbai is followed by cities like Delhi, Chennai, Bengaluru and Pune. Key Points
India TodayDelhi NCR 6th most expensive office rental market among APAC's top 23 cities
India Business News: Delhi-NCR is the sixth most expensive prime office market in the Asia Pacific region, with an annual occupancy cost of USD 78.4 per square foot. Hong Key Points
Times Of IndiaTATA IPL 2023: All money, no show! Ben Stokes to Sam Curran, top 3 players who flopped this year
Curran became the most expensive player in the history of IPL when Punjab Kings spent Rs 18.5 crore on him to include him in the team. Key Points
FinancialexpressBe slightly cautious and take some money off the table: Varun Lohchab
Market experts suggest that the current earnings season in India has been lacklustre, neither a big hit nor a miss. While largecaps do better when inflation is high, midcaps and smallcaps might do better this quarter on account of easing commodity inflation pressure. However, the overall upside in the market looks capped for the rest of the year, and it may be time to reduce equity exposure. Consumer discretionary, capital goods, and some autos and cement stocks are starting to look expensive and overbought. Key Points
Economic TimesGoldman Sachs is cautious on ‘expensive’ India stocks before elections
Having climbed more than 15% from a March low, Indias NSE Nifty 50 Index is trading at 18.2 times its one-year forward earnings, making it the most expensive national benchmark among major Asian markets, according to data compiled by Bloomberg. The Nifty Midcap 100 Index has risen 37% in the period. Key Points
Economic Times
Bollywood producer Dinesh Vijan buys luxury pad in Mumbai’s Pali Hill for Rs 103 crore
The transaction for the house spread across 15th and 16 floors of the under-construction tower values it at over Rs 1.32 lakh per sq ft, making it one of the most expensive deals for a residential property anywhere in the country. Key Points
Economic TimesPremium liquor prices in Karnataka set to surge by 20%, becoming the costliest in India
Recent budget also proposed increasing the AED on beer from Rs 175 to Rs 185. As a result, the price of a 650ml bottle of beer will rise from Rs 170 to Rs 187. With this latest hike, Karnataka will become one of the most expensive states in terms of beer prices Key Points
FirstpostMeet JP Taparia, the man who bought triplex worth Rs 369 crore in Mumbai; Know about his life, career & net worth
The deal values the triplex with a total area of 27,160 sq ft at nearly Rs 1.36 lakh per sq ft. Key Points
Financialexpress'I can easily afford a luxury car, but I don't buy it': Radhika Gupta on why she does not feel like proving her worth to others by buying expensive things
On a podcast, Gupta shared that growing up in a middle-class family, she used to feel insecure about not having fancy, designer items. However, now as one of the country's youngest CEOs, she no longer feels the need to prove her worth by buying expensive things. Key Points
Business TodayAfter 3-hour questioning, ED arrests TMC's Shahjahan for non-cooperation
India News: Sheikh Shahjahan arrested after non-cooperative questioning. Faces 15-16 land grabbing complaints. ED seeks custody in Rs 12 crore properties attached Key Points
Times Of India
Why retirees refuse to spend their own money
Discover why retirees hesitate to spend their own money and explore the reasons behind their reluctance. Learn how to overcome this mindset and make informed spending decisions. Key Points
Times Of IndiaMitchell Starc hits ₹24.75 crore jackpot, Cummins' record barely lasts an hour
Mitchell Starc beat Pat Cummins' record to become the most expensive player in IPL auction history at ₹24.75 crore. He will play for Kolkata Knight Riders. | Cricket Key Points
Hindustan TimesFor long-term investors looking for midcap exposure: 4 stocks with right PEG ratio
The problem with PE ratio is that it not only creates a mirage in terms of buying of a stock. But even selling stocks just because P/E is high is also something which leads to selling wealth creators early and then regretting or buying them at a point when they are expensive in real terms. So it is better to use peg ratio, which comes with its own challenges, which are still worth taking. Key Points
Economic TimesSamvat 2080: Why Reliance & Poonawalla Fincorp are top picks for Dharmesh Kant
“Any cut in the interest rate will further fuel the lending side of the business and that is the reason why we have picked it up. From a target perspective, around Rs 450 is the target we are expecting on Poonawalla Fincorp from at least a year of holding. Price to book, it is expensive but that is how it is with the companies which are growing at a scorching pace.” Key Points
Economic TimesHurricane Otis survivors are in severe need of food and assistance
In several places, the brown floodwaters went on for miles. To live, a lot of the locals were stealing necessities from stores. Others went on extensive shopping sprees, leaving with more expensive merchandise. Residents organized themselves with the assistance of friends and family who lived in other areas of Mexico and the United States as cell phone signals started to restore to some portions of the city. Key Points
Economic Times
'Pricey' vintage cars driving into investment portfolios
Times have indeed changed. In 2018, the same Ferrari model became the most expensive car ever sold when it fetched $48 million at auction. Last year, that record was flattened by a 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe that raced to ₹135 million ($149 million). Key Points
Economic TimesHow Priyanka Chopra led Citadel becomes 2nd most expensive show of all time with 2500 crores budget
New reports claim that Priyanka Chopra’s new Citadel series could be the 2nd most expensive show after reshoots. It is the most expensive show of all time with 2500 crores budget as the Russo Brothers carried out massive reshoot. Key Points
FirstpostAnant Ambani’s Rs 18 crore watch to Radhika Merchant’s Rs 2 crore bag: Here are the ultra-luxurious accessories and outfits donned by NMACC guests
The star-studded gala, for obvious reasons, featured some of the most luxe accessories, outfits donned by the special guests. In this article, let’s quickly take a look at some of the most expensive eye-catchers of the three-day event. Key Points
FinancialexpressChina cracks down on costly ‘Bride Price’ custom to boost falling birth rate
It isnt the first time authorities have taken aim at the practice, which was featured in an annual central agriculture policy document this year for the third consecutive year, but there is now a renewed clampdown as China urgently tries to reverse its demographic decline. A faster-than-expected population drop-off means a shrinking workforce, falling consumer demand and growing strain on the health-care system. Key Points
Economic Times