Latest Stock Market News

With multiple headwinds such as an uncertain geopolitical scenario in Europe, stubbornly high inflation, reduction in liquidity and rising interest rates (globally and domestically) and the risk of earnings downgrades, the net outcome of these swings has been expectedly downward.

This will put IRB on a self-sustaining growth trajectory and the company will submit a concept paper to the public InvIT management soon on the proposal, he said.

“Trading is understanding the psychology of markets and investing is understanding the philosophy,” says Rahul Jain – President & Head, Personal Wealth at Edelweiss Wealth Management.

Several fintech companies - Rev Fin, Oto Capital and Three Wheels United - have taken the lead in financing EVs. These fincompanies have seen volumes jump at least 5- 8 times since mobility curbs were eased, officials say.

The rupee has shed about 4.32% against the dollar this calendar year; by contrast, it has advanced up to 6.21% against the other major global currencies, Bloomberg data compiled by ETIG showed.

The S&P 500 slipped 1.8% on Friday, pushing 20% below its record closing high on Jan. 3. The drop is part of a seven-week slide in the broad measure that qualifies as the longest since the dot-com bubble was bursting in 2001.

Revenue from operations came in at Rs 1540.9 crore, up 88.99 per cent against Rs 815.3 crore it recorded in the same quarter year ago.

Fresh sales for the quarter declined 27% from a year ago to Rs 150 crore, while collections grew 20% to Rs 160 crore. The developer’s fresh sales for the quarter were aided by traction for luxury villas at its existing project in Ahmedabad.

Data on outward remittances for resident individuals under the RBI’s liberalised remittance scheme showed that investment in equity and debt was at $104.51 million in March, 2022, up 73 per cent from $60.39 million a month ago, data in the central bank’s May 2021 Bulletin showed.

As per an individual’s risk appetite as well as any constraints, then one could also look to maximize Sharpe Ratio if feasible. Having decided on the SAA, one should then identify individual securities in each asset class on a purely bottom-up basis using fundamental analysis.