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Deven Choksey, MD of DRChoksey FinServ, sees strong investment potential in Tata and Adani Group companies. He mentions Tata Motors, Tata Power, and Indian Hotels as promising prospects. In the Adani Group, he highlights Adani Enterprises and Adani Ports for their growth potential. He also expresses confidence in the future of Indian IT companies and Kotak Mahindra Bank.
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News and Media
Apple CEO Tim Cook visited China to address slumping sales and tough competition from local brands. Cook met with Chinese university students using Apple products for sustainable farming. He also walked through a historic Beijing quarter with fashion photographer Chen Man. Apple reported revenue growth but faces challenges in the Chinese market.
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News and Media
Manappuram Finance's shares dropped 21% after the Reserve Bank of India took regulatory action against its subsidiary, Asirvad Micro Finance. The RBI ordered Asirvad to stop loan sanctions and disbursals. Asirvad contributes 27% to Manappuram's assets under management. Investors should observe management actions to address these concerns and monitor stock movements around key support levels.
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News and Media
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