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Mayuresh Joshi highlights four key opportunities for investorsauto sector recovery post-GST cuts, auto ancillaries like SJS and Uno Minda, structural growth in diagnostics with Krsnaa Diagnostics as a dark horse, and long-term potential in power financiers PFC and REC amid renewable energy capex.
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News and Media
Luxembourg will recognize the State of Palestine at a UN summit next week, joining other nations like Britain and Canada. This move comes amid growing international condemnation of Israel's actions in Gaza, spurred by the increasing civilian casualties. The decision aims to revitalize the two-state solution, despite opposition from Israel and the United States, who argue it emboldens Hamas.
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News and Media
Kazakhstan has officially outlawed forced marriages and bride kidnappings, enacting a law that imposes severe penalties, including up to 10 years in prison, for those who compel individuals into marriage. This legislative action aims to safeguard vulnerable citizens, particularly women and adolescents, addressing a practice that persists despite growing awareness of women's rights.
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News and Media
Despite FII and mutual fund stake reductions, some smallcap stocks rallied. Netweb Technologies, Rishabh Instruments, and Ashapura Minechem gained significantly. These companies show strong financials like earnings growth and low debt. Geojit Investments suggests FII outflows are due to valuation differences. India's economic recovery and policy measures may attract FIIs back. Market could rally, potentially reaching new highs.
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News and Media
Gold and silver prices stayed near record highs on weak dollar trends, safe-haven demand, and expectations of a U.S. rate cut this week.
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News and Media
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