Billionaire investor Warren Buffett said Saturday that he wants to step down as chief executive of Berkshire Hathaway at the end of the year. The revelation came as a surprise because the 94-year-old had previously said he did not plan to retire. Buffett, one of the world’s richest people and most accomplished investors, took control…
READ MOREInvestors’ wealth got wiped out by Rs 8.88 lakh crore in two days of market slump due to profit-taking and growing tensions along the Indo-Pak border following the terror attack at Pahalgam in Jammu & Kashmir. On Friday, the 30-share BSE barometer tanked 588.90 points or 0.74 per cent to settle at 79,212.53. During the…
READ MOREJapan’s Nikkei hit a three-week closing high on Wednesday as a strong rebound in Wall Street prompted investors to scoop up technology and auto shares. The Nikkei reached an intraday peak of 35,142.12 before ending the session up 1.89% at 34,868.63, its highest closing level since April 2. “Investors sold stocks as soon as they…
READ MOREIndian equities bounced back with venom in the holiday-shortened week, which had just three trading sessions. The rally was mainly driven by the pause in reciprocal tariffs by US President Donald Trump. During the week, the benchmark Sensex gained over 4% and the resurgence spread even into the broader market. The surge in small caps…
READ MOREJapan’s Nikkei share average slumped on Monday to the lowest level in 1-1/2 years, with the index of Japanese bank stocks diving more than 17% at one point, as concerns over a tariff-induced global recession continued to rip through markets. The Nikkei dropped as much as 8.8% to hit 30,792.74 for the first time since…
READ MOREReal Estate Investment Trusts (REITs) are a great way for Indian investors to invest in high-quality commercial properties like office spaces and shopping malls without the hassle of buying and managing real estate directly. REITs allow retail investors to invest in premium real estate that was once available only to large institutions and high-net-worth individuals….
READ MOREAfter a period of heavy selling in small and midcap stocks, investors are now re-evaluating their investment strategy. With retail investors holding firm despite market volatility, the focus is shifting towards balanced advantage funds, multi-asset allocation, and largecap schemes, according to Sanjay Shah, CMD at Prudent Corporate, who recently spoke to ET Now about the…
READ MOREDomestic equities have been knocked down left-right-center by the bears of Dalal Street over the last 3 months, and this reflects in the performance of stocks across largecaps, midcaps, and smallcaps. Benchmark index Nifty 50 has corrected 10% from its lifetime high touched on December 1, and data showed as many as 136 stocks on…
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