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The company works "with pharmaceuticals, life sciences, biotechnology, agrochemicals, and specialty chemicals companies to deliver active ingredients, intermediates and R&D services," according to its website.

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High portfolio churn is conventionally perceived to have a negative impact on investment returns, due to the shorter holding periods for good stocks. However, advanced technology, such as AI, has disrupted this practice. The decision of how much of the portfolio to churn is a function of the returns that an investor can generate from that churn. Recent advances in AI provide investors with more personalized investment capabilities and, ultimately, greater potential returns. As a successful investor, it is important to be both active and passive.

​A non-performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days​

Gold prices are expected to remain range-bound with support and resistance levels as there are no clear triggers that could push prices to move. The absence of momentum mainly comes from weak market sentiment caused by concerns over the US debt crisis and the recent PPI data from the US. The long-term trend remains positive for gold, though fluctuations between the support and resistance levels will continue as the pendulum moves between bulls and bears. The upcoming policy decision of the Federal Reserve in June could further weaken the sentiment of the gold market if it hints at taking a hawkish stance.

Spot gold prices reached near-all-time highs as multiple catalysts pushed prices higher, such as a weak US dollar, the US debt ceiling standoff, and global economic fears. Investors shifted from the dollar to gold-like assets due to a drop in the outlook for global interest rates. The recent banking crisis, predictions of a pause in US interest rates and signs of easing inflation prompted investors to flock to safe-haven assets. The short-term outlook for gold remains positive, but there is a chance of correction. However, any downside turnaround point is seen at $1800 an ounce.

Options trading is a fascinating and versatile tool for hedging against risk, generating income, and speculating on future stock price movements. Options act as contracts that grant the right, but not the obligation, to buy or sell an asset at a specific price within a certain time frame. Options provide leverage and flexibility and are actively traded on exchanges. However, it is crucial to have a thorough understanding of the dynamics of options trading to avoid falling into an option trap. Inexperienced traders need to approach options trading with caution and care.

Only ITC and Infosys faced erosion in their valuation, while Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, Hindustan Unilever, State Bank of India, HDFC and Bharti Airtel were the gainers.

Indian indices are likely to surpass their all-time high level of 18,800 levels, with an immediate strong support at 18,200, according to Kunal Shah, the senior technical analyst at LKP Securities. The fall in crude oil prices with renewed buying activities in the auto sector supported Indian indices, which remained bullish and resumed strength after dips. Brightcom Group’s one of the biggest rallies in a week presented an opportunity for position closure while, on the other hand, Greaves Cotton had just crossed resistance at 165 and a buy-on-dip approach is expected.

The recent election in Karnataka, India, which saw Indian National Congress emerge as a clear winner, is expected to have little impact on domestic stock markets as much of the outcome had already been factored in by investors, according to analysts. The Nifty index was up 0.79% for the week and fared well despite the upcoming general elections in 2024. While experts point to a possibility of some profit taking, a break above the key resistance level of 18,440 could lead to further gains, potentially reaching the 18,630 – 18,690 range.