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Regarding the enhanced performance, we haven't made very significant changes. We have followed the standard template: buy head-winded or value businesses, and then over a period of time wait for tailwinds to reappear. We supplement this by maintaining a strict valuation discipline; ensuring we reduce exposure or exit the position when valuation multiples more than adequately reflect that the turnaround or value discovery of that business is close to complete.
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News and Media
In the Nifty200 pack, four stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on October 30, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:
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News and Media
Joe Biden has been sidelined by Kamala Harris in the final days of her campaign, with his apparent description of Donald Trump supporters as "garbage" underscoring her campaign's fears that the outgoing president is an electoral liability. Even before the "garbage" row, Biden had already been set to play a minor role in the final days of Harris's tight campaign against Republican former president Trump.
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News and Media
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