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“ I am not saying that markets will go up from here or they cannot correct more but I feel that over time, as strong growing businesses are available at reasonable valuations, the risk reward is looking better than what it was looking a few quarters back.”

The US Fed hiked interest rates by 75 basis points for the first time since 1984, bringing it to a range of 1.5-1.75 percent. However, this was expected as inflation is elevated in the short term.It is important to stick to long-term asset allocation goals

Even after more than 40 per cent stock price correction in the past one year, the stock has delivered 15 per cent 5-year CAGR return and 30 per cent 10-year CAGR return,"

“We had a central bank bull market which pulled stocks too much above fair value. Central bank bear market can pull stocks too much below fair value also and we are in that phase where we could be in a central bank bear market and that is a problem at this point of time. It has not nothing to do with equity investors.”

The 30-share pack lost 135.37 to close at 51,360.42. Its broader peer Nifty50 fell below the 15,300 mark. For the week, the Sensex fell around 5.19 per cent, whereas Nifty50 dropped 5.36 per cent, logging their worst week in nearly 2 years.

Additionally, the company may consider a preferential issue of equity shares or any other method aggregating up to Rs 50 crore. If such placement is completed, the fresh issue size will be reduced.

“From very early July or maybe the first week of July, we expect to start booking tickets.. At Akasa, we hope to have very affordable fares for our consumers as well as a level of customer service that is warm, friendly, and comfortable. We hope that we will be able to provide our consumers with a very good travel experience and extremely affordable fares.”

Ashok Leyland Ltd., incorporated in the year 1948, is a Large Cap company (having a market cap of Rs 38558.15 Crore) operating in Auto sector.

While things might look bleak, I firmly believe this is a great time to go back to the drawing board and work on products and services that have the potential to disrupt the crypto industry as and when things stabilise over the next few months.

Jhunjhunwala’s move disappointed investors but the IPO news brought the bulls back to the counter. Delta stock was placed under F&O ban today.