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Mar Mobius says that from a longer-term perspective, the potential is incredible. The market could go down 10%, 15%, even 20%, that really does not concern me. It could be an opportunity to buy more. So, it really depends on what stocks you are holding. If you are holding stocks with very little debt, with good return on capital, then you should do fine regardless of what happens to the market.

Adani is the Founder and Chairman of the Adani Group and is a first-generation entrepreneur. Adani Group is a diversified group which has business interests in power, ports, airports, cement, green energy and others.

GAIL declines 1.57% as Sensex climbs

Updated at : 2023-03-22 15:20:03

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The stock traded at a P/E multiple of 8.06, while the price-to-book value ratio stood at 1.08.

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Promoters held 58.42 per cent stake in the company as of 31-Dec-2022, while FII and DII ownership stood at 27.41 per cent and 2.61 per cent, respectively.

The Relative Strength Index of the stock stood at 36.79 on Wednesday.

Nifty has typically entered a bear market during the global crisis, with midcaps underperforming even more significantly.​

Jubilant Food shares up 0.94% as Sensex rises

Updated at : 2023-03-22 15:20:03

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A total of 99,879 shares changed hands on the counter till 02:12PM (IST)

The dividend payout is crucial to Vedanta Resources amid concerns over its ability to meet upcoming debt maturities. Rating agencies have flagged its ability to raise funding in times of liquidity crunch and capital-starved market.

This smallcap stock zooms over 18%. Here's why

Updated at : 2023-03-22 15:20:03

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Currently, the overall power tiller industry in India is around 60,000 units, and is expected to grow to 100,000 units by the year 2025. VST is the leader in the segment and holds a market share of over 65% in the country, the company said.

Domestic-oriented sectors like banks, cement, and consumption are looking interesting to investors, said Hemang Jani of MOFSL. The midcap and small-cap markets are also worth a look, with base formation appearing around the 17,000-mark, while the recent dip in cement raw material prices means the sector provides a good investment opportunity. Tata Motors is a compelling investment option for those interested in EVs, with its recent EV work complementing positive news on the JLR front, said Jani.

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