I hope next year is volatile and exciting enough for us to discover great businesses: Deepak Shenoy November 13th, 2023 18:27 “Probably shoes are better than real estate; but to be fair, there is visibility in the shoes and consumer demand sector and there are a lot more brands. In real estate, in the near term, we will see a lot more. We will see a lot of activity and the way the accounting goes, the results for real estate companies will probably be good for next year.”
Tech View: Nifty OI data hints at sideways movement for Nifty. Here’s what traders should do on Wednesday November 13th, 2023 18:27 The near-term trend of Nifty continues to be positive. Having placed at the crucial overhead resistance around 19,550-19,600 levels, there is a possibility of some more consolidation or minor weakness in the short term before showing any decisive upside breakout of the resistance. Further weakness from here could find support around 19,300-19,250 levels, said Nagaraj Shetti of HDFC Securities.
Alphabet dissolves stake in trading app RobinhoodNovember 13th, 2023 18:27 The disclosure comes months after Alphabet slashed its stake in the company by nearly 90%. It had around 612,214 Robinhood shares after that sale.
Rupee little changed as RBI support aids, inflation data in focus November 13th, 2023 17:27 The rupee, on Friday, hit a lifetime low of 83.42, affected by a technical system outage. The Reserve Bank of India (RBI) had stepped in to stem the fall, according to traders.