The ongoing war between Israel and Hamas, which began on October 7, remained on top of market participants’ minds through the week. After falling more than 450 points in a knee-jerk reaction on Monday (October 9), the benchmark equity index BSE Sensex settled 0.43 per cent, or 287 points, higher at 66,283 for the week … Read more
“You had two large blocks of economy which were artificially slowed down and obviously we had a significant rate hike in US which also created some bit of slowdown in that segment. I think as we go forward one year, China will continue to get normalised and provide some global growth,” says Anand Shah, ICICI … Read more
Anand Shah, Head of PMS & AIF Investments at ICICI Prudential AMC, says he and his team goes about picking winning stocks using the Business-Management-Valuation (BMV) framework. “If we like business potential and management quality, the last step is valuation. A good business and competent management may not always come cheap. If the business has … Read more