Ace investor Shankar Sharma took to X (formerly Twitter) on Friday to share a story that has captivated market watchers and small investors alike about how his house help, who avoided stocks on Sharma’s advice two decades ago, has now bought a “stunning apartment in Bombay” through steady investments in gold and land. “~20 years … Read more
Ace investor Shankar Sharma‘s India and US equity exposure is lowest in 30 years, the GQuant FinXray founder said in a tweet. The statement comes following a 12-month review of his Family Office’s portfolio and he claimed that the strategy has worked out well for him. He remains negative on both the markets as far … Read more
Nilesh Shah of Kotak AMC believes predicting where the market would be in, say, 5 or 10 years is pointless because more often than not, you would be wrong. Speaking at the Times Network India Economic Conclave, Shah said there is much more to stock markets than just predicting the levels. “Ek cheej humne seekhi … Read more
BSE Sensex is likely to hit the 100,000 mark over the next 4-5 years, riding on the robust economic growth of the country, top voices on Dalal Street, including Chris Wood, Mark Mobius, Shankar Sharma and Sandip Sabharwal opined. Jefferies’ Global Head of Equity Strategy Chris Wood last week said the 100,000 mark seemed reasonable … Read more
Shankar Sharma backed-Annapurna Swadisht’s Rs 30.25 crore initial public offering (IPO) kicked off for subscription on Thursday, September 15. The Kolkata-based FMCG firm will sell its shares in the range of Rs 68-70 apiece, with a minimum lot size of Rs 2,000 shares amounting to Rs 1.4 lakhs, which is the minimum and maximum amount … Read more
NEW DELHI: Hopes a US stimulus package, expectations of strong Q2 numbers and FII buying: These are the ingredients behind the relentless stock market rally that has pushed benchmark indices to near their eight-month high levels. But the big question that’s playing on everyone’s minds is if this is the opportune time to book some … Read more