The surge in crude oil prices triggered a sharp selloff in Indian equities on Monday. The benchmark BSE Sensex fell nearly 2,400 points shortly after opening, while the Nifty 50 dropped more than 700 points, before recovering some of the losses. All sectoral indices were trading in the red.Read More
Market turbulence offers chances to buy. Vikas Khemani of Carnelian Asset Management sees opportunity in corrections. He highlights banks, consumer sectors, and pharmaceuticals as attractive. PSU banks also present value. Khemani advises a long-term view, noting Indian economic fundamentals are strong. Short-term price drops in good companies are chances to invest.Read More
The India VIX nearly doubled in a month, reflecting rising fear among investors amid geopolitical tensions and global uncertainty. Surging crude prices and persistent foreign selling have triggered sharp equity declines, with the Nifty 50 down 8%, keeping markets volatile and investors cautious.Read More
Billionaire Leo KoGuan has doubled his investment in chipmaker Nvidia. He purchased an additional one million shares. This move comes as global markets face a selloff due to the Middle East conflict. KoGuan hopes his purchase will help calm nervous markets. Nvidia shares have seen a slight dip this year. Tesla shares are also down.Read More
Indian markets opened lower today. Global uncertainties and rising crude oil prices are impacting investor sentiment. A market strategist advises against panic. He suggests a good range for potential market bottoms. Investors should focus on domestic-facing sectors. Upstream oil companies are recommended over downstream ones. Gold and silver have seen profit-taking. The CDMO space in pharmaceuticals shows promise.Read More
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