Conditions not ripe to make INR a hard currency: GTRI
November 19th, 2023 12:27
India should become a middle-income country and then push to make INR (rupee) a hard currency, and till then, it must promote the settlement of global trade in the local currency, think tank GTRI said on Sunday.
How Warren Buffett privately traded in stocks that Berkshire Hathaway was buying and selling
November 19th, 2023 11:27
Buffett’s records show he reported at least $466 million in personal stock sales between 2000 and 2019. That’s a relatively modest sum for a person reported to be worth more than $100 billion (and indeed the records reveal vastly more trades in government and corporate bonds than in stocks). But the records include only securities he sold, not those he bought and held, so the portfolio is likely larger than ProPublica could see.
Hemang Jani prefers Bajaj Auto or Hero Motocorp to TVS Motor. Here's why
November 19th, 2023 10:27
“The Bajaj Finance case was on Thursday. It was more like an operational issue. So I do not think the market was too perturbed by that. I would surely look to buy into some of the banks, private banks or maybe an SBI at this point of time. And maybe some of the companies, like SBI Card, et cetera, could have a larger price impact because of the development yesterday. ”
After Zomato, Paytm, it may be time to look at Nykaa: Andrew Holland
November 19th, 2023 10:27
“All the three new-age tech stocks – Zomato, Paytm and Nykaa – have been doing nothing for a little bit as the market was just waiting for confirmation that things are moving back on track. Once that confirmation was there, we have seen all three stocks move up quite significantly.”
Tata Tech IPO, FII flows among 7 factors that will steer D-Street this week
November 19th, 2023 10:27
Two other major IPOs to look out for are Mini Ratna company Indian Renewable Energy Development Agency, and Fedbank Financial Services. As for the Nifty50, analysts expect the index to remain in a consolidation phase until it decisively breaches the 19,850 mark. On Friday, the index ended 0.2% down at 19,731.80 points.
Corporate actions this week: Cochin Shipyard, Coal India, ONGC to go ex-dividend, Avantel ex-bonus and more
November 19th, 2023 10:27
Shares of Shaily Engineering (Rs 10 to Rs 2) on Thursday, November 23, while Ravalgaon Sugar Farm ( Rs 50 to Rs 10) on Friday, November 24, will ex-split. A stock split is usually done to increase the liquidity of the stock in the market. On the ex-split date, investors who are holding the stock until the record date will receive the new shares in Demat accounts and the stock price will be adjusted according to the split ratio.
OpenAI CEO ouster followed debates between Sam Altman, board
November 19th, 2023 00:27
OpenAI’s firing of Sam Altman followed wide-ranging disagreements between the chief executive officer and his board — in particular Ilya Sutskever, an OpenAI co-founder and the company’s chief scientist, according to a person familiar with the matter.
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