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The primary market anticipates a quiet week with no mainboard IPOs. Investor focus shifts to SME platforms, featuring one new IPO and several listings. This activity occurs against a backdrop of market downturns and rising oil prices. Amba Auto Sales & Services IPO opens soon. Adisoft Technologies and Leapfrog Engineering Services are set for listings.
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The World Gold Council (WGC) has proposed an initiative to build a physically-backed shared infrastructure to advance the growth of digital gold.
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Decoding the charts, Rupak De, Senior Technical Analyst at LKP Securities, said the index faced resistance near its 100-day EMA on the daily chart, which capped the rally and triggered fresh selling, dragging it below the 24,000 mark.
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Warren Buffett’s famously frugal lifestyle is reflected in everything from using McDonald’s coupons to letting market conditions decide his daily breakfast spend. The Berkshire Hathaway chief’s simple habits—from modest living to disciplined spending—underscore his belief that wealth doesn’t equate to luxury, but to long-term value and contentment.
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The combined market valuation of seven of the top-10 most-valued firms eroded by Rs 2 lakh crore last week, with Tata Consultancy Services and Reliance Industries emerging as the biggest laggards, in-tandem with a bearish trend in equities.
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