The turbulence caused by the longest government shutdown on record may still be fresh on travelers minds this Thanksgiving, but experts say preparing for the usual holiday crush of winter weather, heavy traffic and crowded airports can help ease those jitters.
Apart from the materiality threshold, Sebi has relaxed the minimum information required to be furnished to the audit committee and shareholders for RPT approvals
Zerodha co-founder Nithin Kamath highlights that traders often overestimate their ability to predict markets, emphasising the gap between knowledge and action. Drawing from a podcast discussion with veteran US derivatives trader Tom Sosnoff, he notes that experience does not guarantee forecasting ability, and trading based on conviction rather than probability can lead to losses.Zerodha co-founder Nithin Kamath highlights that traders often overestimate their ability to predict markets, emphasising the gap between knowledge and action. Drawing from a podcast discussion with veteran US derivatives trader Tom Sosnoff, he notes that experience does not guarantee forecasting ability, and trading based on conviction rather than probability can lead to losses
Despite elevated prices, central banks are unlikely to significantly scale back purchases, HSBC said. The report notes that the primary motivations include diversification and long-term hedging against geopolitical, macroeconomic, and policy risks
"The FTC and SEC should immediately open investigations and, if the reporting is accurate, pursue vigorous enforcement action where appropriate" to force Meta to disgorge profits, pay penalties and agree to cease running such advertisements, Josh Hawley and Richard Blumenthal wrote in a letter to the federal agencies.
The Reserve Bank of India likely intervened before the local spot market opened on Monday, and intermittently thereafter, helping the currency hold above its all-time low, traders said
Indian stock markets are near record highs. Analysts suggest buying on dips, expecting support around 25,600 to 25,800. The market is outperforming global peers. Banking, auto, and IT sectors are favored. Union Bank and Adani Port are highlighted as potential stock picks. Investors are advised to use volatility for portfolio building.
Attractive valuations in the IT sector are drawing investor attention despite patchy short-term fundamentals, with outsourcing opportunities remaining intact. Consumer durables and retail stocks show continued potential driven by urbanization and a growing middle class. Private banks are also appealing due to attractive valuations and stable asset quality, with earnings expected to recover.
