Domestic markets continued their record-breaking run even in the month of August, but the gains were steady with Sensex gaining close to 1%. The rally was also broad-based with the smallcaps outperforming the benchmark as the BSE smallcap index was up around 1.25% during the month. This was reflected in the gains of the broader…
READ MOREA sizzling rally in Indiaβs auto shares is reversing as a build up of unsold vehicles and growing discounts by carmakers pressure profit margins. Indiaβs NSE Nifty Auto Index is down 4.1% in August, more than double the decline in the Nifty 50 Index. Bellwether Maruti Suzuki India Ltd. has slid 6% so far in…
READ MOREChasing trends always seems quite exciting, but what most people tend to be unaware of is the pitfalls of such behavior. An American novelist and poet Jack Kerohouac sums this up well when he says βGreat things are not accomplished by those who yield to trends and fads and popular opinionβ. When it comes to…
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