Markets regulator Sebi on Thursday extended the deadline to implement guidelines mandating the direct pay-out of securities to clients’ demat accounts to November 11. This rule was originally set to take effect on October 14.
Tata Elxsi Q2 Results: PAT rises 14% YoY to Rs 229 crore; revenue up 8% (10-10-2024)
Tata Elxsi reported a 14% increase in net profit at Rs 229 crore for the second quarter. Revenue from operations grew by 8% to Rs 955 crore. Growth was driven by strong performance in emerging markets, particularly in transportation. A $50 million deal with a global OEM also contributed. Media and healthcare segments saw some declines.
UGRO Capital to raise up to ₹200 cr via NCDs (10-10-2024)
The issue has a base issue size of ₹100 crore with an option to retain oversubscription up to ₹100 crore, aggregating up to ₹200 crore
Equity mutual funds log Rs 34,419 crore net inflows in September (10-10-2024)
Inflows into equity schemes positive for 43rd; MF industry AUM tops Rs 68 trn
Broker’s call: Clean Science (Neutral) (10-10-2024)
Motilal Oswal
Sebi extends direct securities payout timeline from Oct 14 to Nov 11 (10-10-2024)
Timeline extended almost by a month for smoother implementation
Green Hydrogen as a Fuel – Indian Companies leading the Green Revolution (10-10-2024)
@vineet_mittal
Which company are we talking about ?
US stocks open lower after higher-than-expected CPI data (10-10-2024)
Wall Street’s main indexes fell at the open on Thursday, after data showed U.S. inflation was higher than expected in September, keeping the Federal Reserve on track to ease interest rates by 25 basis points at its next meeting.
My Portfolio (Updates and Suggestions) (10-10-2024)
IMO, if you are looking at long term investing (5 year plus horizon) temporary corrections should not really matter. So you should seriously consider deploying your cash as its giving you negative returns sitting in your bank account. You can reduce your risk (somewhat) by dividing your total cash into 12 equal installments and start investing thru monthly SIP in a basket of MFs with an allocation of 35% in Large & Mid cap, 25% in Mid / small cap, 20% in an index fund and 20% in a hybrid / multicap fund. This should fairly diversify your portfolio. If you are really confident with your stock picking abilities, you can forego the index funds and use that for direct investments. With this strategy, you will not miss out if the market rises and average out if the market corrects but you will atleast be in the market and make money going forward. You can even do the SIP bi-monthly or more as per your comfort to further fine tune the deployment.
Coming to your gold investments, I would suggest not to increase allocation or as others have suggested, wait till after your marriage to take a call on that. Gold as an asset class is traditionally a hedge rather than an investment and there are many other instruments offering a 10% return with capital protection. I notice you are also invested in SIlver. Whats your outlook with that investment?
On your direct equity investments, I will suggest to keep them at max 20% of your portfolio and take some calculated risk with those to generate a higher return as you are already taking professional help with your MF investments so there is no point taking on the same types of stocks in your direct portfolio as well.
Hope i have been able to help. I should congratulate you on starting your investment journey so early in life. Wish you all the best.