Rising pledge levels typically suggest that company insiders or shareholders are using their shares as collateral for loans, which may indicate liquidity challenges or financial pressure among these individuals.
Afcons Infrastructure IPO price band fixed at ₹440-463 a share (21-10-2024)
The issue opens on Oct 25 and closes on Oct 29
Hitesh portfolio (21-10-2024)
Thanks @hitesh2710 Sir for pointing out the example of negative divergence for Dmart. Could similar scenario is applicable for Tata Communication. The high of 1852 was made on 11 Sep 2023 with ~75 RSI. But recently stock made high of 2168 on 23 Sep 2024 but RSI was not able to cross ~65.
The Ideal Investment Thesis (21-10-2024)
This is something which needs to be digged into. For example in 2022 if you had followed the priority of the government or higher budgetary allocation, it was in Railways & Defense. So if you had bought some good stocks in these two sectors, you would have already made 300 to 500% return on your investment within 2 years of investment. According to me, both these sectors are still a good sector to invest. Similarly, in the last 1 year one of the growth sector is Data Centre and there are quite a few stocks which are doing well in this sector. If you had picked up some good stock in this sector say in the month of Jan this year, you are already doubled your investment. I would rather spend more time in assessing which sector has growth potential because of change in government’s policy, that will give you multi-bagger return as compared to just looking at financials.
Not even emperors would have luxuries that Kejriwal enjoyed: BJP’s Sambit Patra (21-10-2024)
Former Chief Minister Arvind Kejriwal reportedly enjoyed luxurious items worth crores of rupees at his official residence. The BJP claims he took a remote-controlled TOTO smart commode with him after vacating the bungalow. This has sparked criticism, with Kejriwal’s party stating they do not care about the house and will work for the people of Delhi.
Disney Names James Gorman Chairman, Sets ‘Early 2026’ for C.E.O. Change (21-10-2024)
In a board shake-up, James Gorman, a director in charge of planning for a successor to the chief executive, Robert A. Iger, will become chairman on Jan. 2, 2025.