RIL share valuation hits Covid-era lows: 6 signals indicate a turnaround
Amid earnings downgrades and target price cuts, largely driven by weakness in the retail business and a sharp decline in refining margins, Reliance Industries (RIL) shares are down about 23% from their peak in July, bringing valuations to their cheapest level since the Covid shock of March 2020. Goldman Sachs analysts believe that the sell-off…
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RIL, TCS among top stocks mutual funds have bought over last 3 months – Portfolio rejig
IRFC Share Price 146.09 10:06 AM | 19 Nov 2024 7.81(5.65%) Suzlon Energy Share Price 62.22 10:06 AM | 19 Nov 2024 2.97(5.0%) IREDA Share Price 192.25 10:06 AM | 19 Nov 2024 4.73(2.53%) Tata Motors Share Price 788.95 10:06 AM | 19 Nov 2024 17.06(2.21%) YES Bank Share Price 19.71 10:06 AM | 19…
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HDFC Bank, RIL lift Sensex over 100 points higher, Nifty above 24,550
Indian benchmark equity indices Sensex and Nifty50 opened marginally higher on Thursday, led by index heavyweights HDFC Bank, RIL, and IT stocks, amid in-line US inflation data boosted expectations of a Federal Reserve rate cut in December. The BSE Sensex was trading 111 points, or 0.14%, higher at 77,801. The Nifty50 was up 32 points,…
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How to build a resilient portfolio to achieve sustainable growth
βA calm sea doesn’t make a skilled sailor ” This age-old wisdom holds true in Investing, where skills of an investor are often tested by the lashings of market volatility and other unpredictable and uncertain macroeconomic developments at a global scale. Given the turbulence periodically cropping up in global and domestic markets, it becomes critical…
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