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I would say there would be more flow which will be coming back. The simple reason -- in emerging market basket, India stands out. So, I see a situation where both as the interest rates, right now, the sense is peaking out and in my opinion over the next one to two years you will start seeing interest rates coming down.

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​We focus in identifying a lot more on the quality of the companies and business model. So all the companies which you are seeing in our portfolio passes that test.

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​​They do not want to destroy all the progress that has been made in getting people employed. And so I do not think they are going to declare victory on inflation.

PI Industries shares gain 0.93% as Sensex rises

Updated at : 2023-06-14 15:30:03

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On the technical charts, the RSI of the stock stood at 72.53.

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The Indian Premier League (IPL) season saw numerous uncapped players shine, with their unorthodox playing style catching the attention of selectors and fans. Similarly, microcap stocks have the advantage of being nimble, flexible and can quickly respond to changes in market conditions. These stocks tend to focus on niche markets or emerging sectors that offer significant growth potential.

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However, the total value of these shares fell to Rs 89 crore in May from Rs 97 crore in April on account of deep cuts in the stock price. The Adani Total Gas shares fell nearly 30% or Rs 280 on the NSE in the month gone by.

Binance Spars With U.S. Regulators Over Asset Freeze

Updated at : 2023-06-14 15:30:03

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A U.S. judge has urged the Securities and Exchange Commission (SEC) to find a resolution with cryptocurrency exchange Binance to allow it to operate in the country as it fights a civil fraud lawsuit from the regulator. The SEC has charged Binance and its US affiliate with mishandling customers’ deposits and lying to regulators. The regulator also sought to freeze the company’s US assets, which Binance said would close it down in the country. A victory for the SEC against Binance could force the company out of the US altogether, accelerating a growing exodus of companies from the country.

The chairman of the House Financial Services Committee, Representative Patrick McHenry, plans to introduce a comprehensive bill that outlines clear rules for the cryptocurrency industry. Regulating crypto products has been a hot topic among Republicans and Democrats as the Securities and Exchange Commission argues that most major crypto products are securities and should be registered. While McHenry has taken the initiative to lead this regulatory effort, Democrats on the panel are still considering the measure, with top Democrat, Representative Maxine Waters, worried that crypto exchanges receiving provisional registration could allow bad actors.

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Promoters held 0.0 per cent stake in the company as of 31-Mar-2023, while FII and DII ownership stood at 39.63 per cent and 33.18 per cent, respectively.

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Inflation can have a complex impact on personal finances, requiring careful management to mitigate negative consequences. Diversified investments, higher-yielding alternatives to savings accounts, ongoing evaluation and adaptation, financial education, a mindset of financial resilience, and seeking professional guidance can all be effective strategies for protecting wealth from inflation.

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