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Axis Securities, in a note, said it expects the company to report a nearly 33 per cent fall in net profits for the March quarter. This is despite the net premium earned for the quarter will likely rise about 9 per cent.
Inflation is coming, and big tech won't protect youNow we live in extraordinary times that demand a reshuffle. Swapping out some bonds for gold and some U.S. technology stocks for Chinese ones could offer a better hedge: Both can be considered credit default swaps against Pre… Read MoreNasdaq valuations say you’ll be stuck at home for a long timeOne 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.
from Stocks-Mar… Read MoreUS stimulus, macros cues among eight factors likely to drive market next weekDomestic retail and wholesale inflation data for July and factory output print for June will be out during the week. Rising US-China tension can also emerge a market mover.
from Stocks-Markets-Economic Times https://ift.tt/3… Read MoreBuffett’s favourite market indicator hints a major selloff’s in the makingIn the past, global markets have corrected sharply in three such instances of the ratio crossing 100 per cent. The first was in 2000, followed by 2008 and 2018.
from Stocks-Markets-Economic Times https://ift.tt/2PG9e4U
… Read MoreIndusInd Bank acquires 7.82% stake in Eveready by invoking pledged sharesThe bank also informed about acquiring 7.5 per cent (78,32,253 shares) in tea firm McLeod Russel India Ltd by invoking pledged shares following default by the borrower.
from Stocks-Markets-Economic Times https://ift.tt/33G45… Read More
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