good point, a drop in 1 to 4% will be noticed but 20% drop and no action at all means, someone is not managing operations really well. and NOT reporting it to management in a way that requires materially significant disclosure.
Ahead of Market: 10 things that will decide stock action on Monday (20-10-2024)
Indian equity indices Sensex and Nifty50 ended a three-day losing streak, driven by Axis Bank gains, despite foreign fund outflows causing a third consecutive weekly loss for benchmarks.
Q2 earnings, global trends, foreign investors’ trading activity key drivers for markets (20-10-2024)
Bajaj Housing Finance, Adani Green Energy, Bajaj Finance, One97 Communications, Zomato, Bajaj Finserv and Bank of Baroda would also announce their earnings this week.
Question on Interest Rate cut (20-10-2024)
Theoretically, if emerging economies do not follow interest rate cuts by Fed, their currencies will start appreciating against US dollar, and thus hurting their exports demand.
To stop currency appreciation, Central Bank will have to keep selling rupees (buying dollars) in forex market, leading to higher debt levels in the economy.
Is China investible? (20-10-2024)
Adding to it, I found investing in the ETFs listed in the US market to be better in terms of more choices (Large CAP ETF, CSI 300 ETF , Small cap ETFs, Tech focused ETF etc). Also 5% TCS is applicable only on remittances above 7 Lakh in a financial year.
‘Congress government in Karnataka won’t last till 2028’, claims HD Kumaraswamy, former Karnataka CM (20-10-2024)
Union Minister HD Kumaraswamy criticized the Karnataka Congress government, predicting it will fall before 2028 due to internal dissatisfaction and financial issues. He expressed confidence in becoming Chief Minister again if given the opportunity. Kumaraswamy also accused the state government of job losses at KIOCL and urged immediate action from CM Siddaramaiah.