COMEX Gold prices started the week on a negative note, plunging almost 2.5% in the first two days. The yellow metal approached an eleven-week low of $1,810.8 per troy ounce notched in the previous week, as Fed chair Jerome Powell unveiled a hawkish tilt. During the congressional testimony, Fed chair Jerome Powell said that the … Read more
“Allocate 35-40 % in banks, 15% in midcap software, 15 % in auto, 15% in profitable platform companies and 10% in new age digital companies,” says Dipan Mehta – Founder Director at Elixir Equities Pvt. Ltd.In an interview with ETMarkets, Mehta, said: “Banks, as this is the golden period for them with decent demand for … Read more
Historically, Diwali has been an auspicious occasion of happiness, joy, light, and prosperity. The same has also been an event for big purchases, gifts, and sweets. But one gift that has stood the test of time and not lost its shine is gold. Gold symbolises wealth, security, and financial well-being. But as it has aged, … Read more
Everyone wants to make money in the stock markets but not everyone does. And only a few make enormous amounts of profits. While luck can play a role in success in equity investing what is important to understand is that successful investing is a combination of art & science. And both these perspectives get covered … Read more
Domestic equities have recovered c.12-13% from the March ’22 low, supported by receding global geopolitical issues, the cooling off of crude oil prices from highs and softening of FPI outflows corroborated by inflows from Domestic Institutions. The focus is likely to shift to the upcoming Q4 FY22 earnings season and how domestic demand trends shape … Read more