Shakti Pumps – solar shakti (power)! (26-10-2024)
The trade receivables have increased to 1,000 + crores now… Negative OCF and stress on working capital borrowings…
Proxy for wealth management and equity market (26-10-2024)
My perspective – I am invested in Nuvama and Wealth First Management – They are still relatively cheap on peer-to-peer analysis
Tracking the Investment Trust of India—Again, it is relatively cheap and a potential takeover candidate in the future.
dr.vikas
Proxy for wealth management and equity market (26-10-2024)
Would it make sense to consider stocks like Kfintech, BSE, CDSL as a proxy to the equity market/asset management/wealth management theme?
From what I have seen there are a lot of options to choose from in the above themes like –
- Wealth management (Anand rathi, 360 one, nuvama, motilal oswal etc.)
- asset management (hdfc, nippon India, aditya birla, UTI etc.)
- brokerage and trading (angel one, choice international, dhan etc.)
But since these are individual companies with relatively more competition than the proxy ones i listed above, I am thinking of narrowing it down do the common beneficiary of these themes.
Motivation behind this is mainly to spend less time on studying many companies and instead focus on a few.
Would like to hear thoughts about this.
Jharkhand polls: Mahendra Singh Dhoni to work for voter mobilization in state, says EC (26-10-2024)
Former Indian cricket captain Mahendra Singh Dhoni is the new brand ambassador for Jharkhand’s upcoming elections. Dhoni will assist the Election Commission to boost voter awareness and participation. Elections will be held on November 13 and November 20 across 81 seats. Poll results will be declared on November 23.
Zomato – Should you order? (26-10-2024)
People who track Zomato for quick commerce growth as driver, please also track dmart thread for anti-thesis.
Disc: Have tracking position in both Zomato and Dmart.
Cryptocurrencies huge risks to financial stability, says RBI Guv Das (26-10-2024)
Cryptocurrencies are huge risks to financial stability, and monetary stability, Reserve Bank of India Governor Shantikanta Das said Friday, asserting it may create a situation where the central bank may lose control of money supply in the economy.
I am actually of the opinion that this is something which should not be allowed to dominate the financial system. Because it has huge financial stability risks, it has huge monetary stability risks, it also poses risks to the banking system. It also may create a situation where the central bank may lose control of money supply in the economy, RBI Governor Shantikanta Das said during his appearance at the Peterson Institute for International Economics, a think-tank.
If the central bank loses control of money supply in the economy, how does the central bank check liquidity available in the system? How does a central bank control inflation by squeezing money supply or by losing money supply in times of crisis? So, we see crypto as a big risk,
“Kuch Nahi Bachta Hai”: Rahul Gandhi visits local barber, shares video (26-10-2024)
Rahul Gandhi visited his local barber Ajit who shared his financial struggles with him. Gandhi highlighted how rising inflation and falling incomes affect the hard-working poor and middle-class people. He emphasized the need for modern solutions and new schemes to increase incomes and savings, ensuring that talent and hard work are rewarded.
Avenue Supermart: a compounding machine? (26-10-2024)
It was the other way. Zomato was accused of bailing out blinkit (vested interest) with shareholders money. Zomato’s co-founder Aakriti Chopra was married to blinkit founder.
But surprisingly, blinkit became zomato’s growth driver.