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One way of quantifying how much investors expect of giant technology companies such as Apple Inc. and Amazon.com Inc. is to consider how much it will take for their profits to “grow into” existing valuations.
FPIs turn net sellers, pull out Rs 5,156 crore in March so farAccording to FPI statistics available with depositories, overseas investors pulled out a net Rs 881 crore from equities and Rs 4,275 crore from the debt segment between March 1-5, taking the total net withdrawals to Rs 5,156 … Read MoreMacroeconomic data, bond yields, vaccine progress likely to impact market in holiday-shortened weekNifty managed to close the week on a positive note led by heavyweights such as Reliance Industries, TCS and Infosys amid some volatility and negative market breadth.
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… Read MoreM-cap of RIL, 7 other cos zooms by Rs 1.94 lakh crore in a weekRIL added Rs 60,034.51 crore to take its valuation to Rs 13,81,078.86 crore.
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… Read MoreMuthoot Finance chairman MG George passes awayMathai George George Muthoot was born in November 1949 in Kozhencherry in the present day Pathanamthitta district of Kerala as the son of M George Muthoot, who began the finance business and as the grandson of Muthoot Ninan M… Read MoreNifty could touch new highs in MarchThe Nifty ended down 142.65 points, or 1 per cent, at 14,938.10 on Friday. The Index rose 2.8 per cent last week and outperformed all regional peers, except Thailand.
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