It’s not just last month, the strategy has seen a good turnaround in performance in the last 6 months and in the last 6 years, it has created high single-digit alpha over the Nifty50 index.
Posts in category Economic Times
Stuck with defence stocks? Ravi Dharamshi explains how he spotted the downtrend early (06-11-2024)
We enter any particular sector with a rolling 3-5 years view to earn minimum compounded returns of around 15%. So either it doubles in five years or if we are much better at catching the trend, then it would be compounding at 25% – which means doubling in 3 years.
Buy Federal Bank, target price Rs 224-240 over 6-9 months: HDFC Securities (06-11-2024)
HDFC Securities recommends a buy on Federal Bank, targeting Rs 240. The bank’s Q2 2024 total income rose 4.59% sequentially to Rs 8015.29 crore, with a net profit of Rs 1096.25 crore. HDFC foresees improved RoA and RoE ahead, advising investments at Rs 202-207 and Rs 182-187 for potential gains in the next 2-3 quarters.
“Trumpism” an influential factor that could shape future: Swaminathan Aiyar (06-11-2024)
US election results may be delayed, increasing market uncertainty. A Trump win could mean trade tensions for India. A gridlocked Congress might limit policy changes. “Trumpism” remains influential regardless of the winner. Experts believe Trump’s policies could continue to impact the US even if he loses.
Bitcoin hits record high, surpasses $75,000 as Trump leads in US exit polls (06-11-2024)
Bitcoin reached a new record high, exceeding $75,000, following early US election exit polls that indicated a potential lead for Donald Trump. The cryptocurrency market reacted positively, with Bitcoin surpassing its previous peak of $73,750. The election outcome remained uncertain, contingent on results from key swing states.
Swiggy IPO vs Zomato: Which is the better investment option currently? (06-11-2024)
Swiggy’s IPO launch sparks debate on the better investment: Swiggy or Zomato. Zomato, currently profitable with a larger market share, has seen a stock surge. Analysts believe Swiggy, though currently unprofitable, might become a stronger competitor post-IPO with funds directed towards expansion and achieving profitability. While Zomato holds experience, Swiggy’s IPO discount presents a compelling opportunity for investors.