Latest Stock Market News

“The mega trend of increasing domestic investors and DIIs counteracting FIIs is here to stay, If you have done your work, if you are a bottom up investor, I would be very disappointed if I did not make high teen CAGR returns in my portfolio in the next five years. ”

In the international market, gold was trading lower at USD 1,949 per ounce and silver was flat at USD 25.03 per ounce.

“India today has come to a point where it is producing multi-100 billion dollar companies. Give India 10-15-20 years and we will start to see $100-billion companies in scores. Probably half a trillion dollar company or a trillion dollar company will be emerging out of India, hopefully in my lifetime.”

The company also pointed to increased inflation and the suspension of services in Russia as a major drag on performance. The company warned that it expects to lose another 2 million subscribers over the next three months.

Looking only at the average market returns at a particular point in time may give a biased result. You may end up having too high or too low expectations. Over a period of time, stock prices show volatility.

“Every SIP investor had to go through agnipariksha (ordeal by fire) in March 2020. Having passed through that agnipariksha, today we are seeing double digit returns across three, five and seven and 10 years. As of today, we are bullish on the pharma sector. We believe the undervaluation will come into play and earning as well as PE will get upgraded. We are bullish on industrial and capital goods along with PLI and China plus one – a combined manufacturing theme. ”

Rario created the first-ever cricket NFT platform and has the largest share of cricket NFT rights through partnerships with 6 global cricket leagues and over 900 cricket professionals.

“We must produce 50% of our energy and we have enough energy. I have no doubt we will be in a position to produce oil and gas; produce our own gold; produce potash, copper and coal. We cannot underestimate our coal and we have the highest reserves of coal. ”

As far as the question of legal and regulatory clarity is concerned, dealing in cryptocurrencies is not illegal under any provision of law in India.

ASK said Golden Decade Fund will be a confluence of quality, valuation, and time: the three main drivers for compounding wealth that will be positioned to capitalise on the impending value migration opportunities in India.