PNB MetLife India launches Bharat Consumption Fund; subscription opens today with initial price of Rs 10

PNB MetLife India launches Bharat Consumption Fund; subscription opens today with initial price of Rs 10

PNB MetLife India Insurance Company has introduced a new investment opportunity called the Bharat Consumption Fund as part of its Unit Linked Insurance Plan (ULIP) offerings. The new fund opened today for subscription and will close on November 28, 2024, with an initial unit price of Rs 10. The Bharat Consumption Fund is accessible through … Read more

This multibagger PSU stock is down over 50% from its 52-week high levels; time to buy?

This multibagger PSU stock is down over 50% from its 52-week high levels; time to buy?

A PSU firm, which rallied more than 15 times from January 2021 to July 2024, has seen a significant decline of over 51% from its 52-week high reached on July 8, 2024. This firm is Cochin Shipyard, whose order book stood at Rs 22,587 crore as of June 30, 2024, including Rs 21,587 crore in … Read more

Foreign investors need to look at India’s growth because that is translating into earnings: Alessia Berardi, Amundi Investment

Foreign investors need to look at India’s growth because that is translating into earnings: Alessia Berardi, Amundi Investment

Alessia Berardi, Head of Emerging Macro and Strategy, Amundi Investment Institute, says investors need to reconcile the high valuation of the Indian market with the high potential growth in India. The valuation did not deter foreign investors from entering the market as we have seen since last year. India is a country in transformation. Investors … Read more

Stocks generate big gains and bigger questions

Stocks generate big gains and bigger questions

By Conrad de Aenlle Consider this opportunity: You can invest in a stock market that is greatly overvalued now but that could be only slightly overvalued next year if a lot of good things happen — during a time when a lot of bad things are happening. Are you in? This isn’t a thought experiment. … Read more