In 2023, the domestic equity market demonstrated a remarkable performance, reminiscent of the bullish trend observed in 2017. Both the Nifty 50 and the Sensex exhibited substantial gains, climbing around 20 percent. However, what truly stood out were the midcap and smallcap segments, outpacing the benchmarks by a considerable margin. The BSE Midcap index witnessed
Shares of Manappuram Finance shed over 7 percent on Wednesday after market regulator SEBI put the IPO of its arm Asirvad Microfinance in abeyance, according to media reports. The stock fell as much as 7.4 percent to ₹163.40 in intra-day deals today. It is now over 10 percent away from its 52-week high of ₹182.10,
Anticipations for 2024 indicate a persistent environment of uncertainty and market fluctuations, driven by factors such as geopolitical tensions, potential ongoing Federal Reserve rate increases, and apprehensions regarding global economic expansion. Formulating a comprehensive strategy for the entire year may pose challenges, leading personal advisors to propose a market perspective characterised by a prudent approach
Diversifying one’s investment portfolio is a key strategy to manage risk and optimise returns. While one can think that the universe of investable asset classes available today is vast and offers a variety of options to investors, in essence, there are only two things on any diligent investor’s mind while evaluating a potential investment opportunity:
It’s the year of the sequels for both Bollywood as well as Hollywood. Of course there are gems that the discerning cinephile will love. And yes, there are some shows that will knock your socks off. This week these are the lessons that should last you the year long! It’s all about sequels and prequels
Terry Smith stands out as a notable personality in the realm of investments, earning the moniker “Britain’s Warren Buffett” due to his dedication to value investing and remarkable performance over time. As the founder and Chief Investment Officer of Fundsmith, a United Kingdom-based investment management firm, he has built a reputation for prioritizing high-quality, globally
Thu, Jan 4 2024 12:33 AM EST Japan to approve reserved funds to cover damages from New Year’s Day earthquake Japan’s cabinet will approve the use of its reserved funds to cover the damage from the earthquake that hit the Noto Peninsula in Ishikawa prefecture on New Year’s Day, Prime Minister Fumio Kishida said. Reuters
Ken Griffin, Citadel at CNBC’s Delivering Alpha, Sept. 28, 2022. Scott Mlyn | CNBC Billionaire investor Ken Griffin’s various hedge fund strategies all posted double-digit returns for 2023, but they failed to beat the broader market. Citadel’s multistrategy Wellington fund gained 15.3% last year, according to a person familiar with the returns. The flagship fund had
Bitcoin and other cryptocurrencies were falling Wednesday. The crypto sector was giving back gains after a sharp rally to start the year but some analysts see reasons for continued strength. Bitcoin has fallen 0.6% to $45,372 over the last 24 hours. The largest cryptocurrency broke through $45,000 for the first time in more than a year
“Long term, I’m still very bullish. But near term I just worry that everybody is coming into the year feeling too good,” the Neuberger Berman senior portfolio manager told CNBC’s “Fast Money” on Tuesday. On the year’s first day of trading, the tech-heavy Nasdaq fell 1.6% percent, the S&P 500 fell 0.6%, and the Dow