Benchmark stock indices Sensex and Nifty gained in Tuesday’s trade on value buying, after falling in the last several sessions. A fall in the 10-year US bond yield and a weak dollar that pushed emerging markets higher earlier today aided sentiment.
Sensex stood at 77,759.67, up 420.66 points or 0.54 per cent.
» Read more about: Stock market today: Sensex, Nifty stage recovery; rebound ahead? »
All equity mutual fund categories have offered negative average returns in the last one month. These categories lost between 0.82% to 12.42% in the mentioned period. There were 22 equity mutual fund categories including sectoral and thematic funds in the said period.
Nvidia sinks 3% as report surfaces of overheating Blackwell AI chips
» Read more about: Nvidia stock dinged by report of overheating Blackwell chips »
While the benchmark indices have declined by over 10 percent in the past one month on account of massive FII outflow to the tune of ₹94,000 crore, investors are getting profoundly jittery over the value of their portfolio, and rightly so. Besides, the search for value stocks is getting narrower by the day.
Few American investors are as widely revered as Warren Buffett, the 94-year-old business magnate, investor and philanthropist worth a cool 146 billion bucks.
Many are curious as to how the “Oracle of Omaha” amassed his spectacular wealth. Though the vast majority of his fortune he earned as a grown adult,
» Read more about: Warren Buffett’s First Job — and the Money Lessons You Can Learn From It »
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!
The whispers are turning into roars.
Artificial intelligence isn’t science fiction anymore.
It’s the revolution reshaping every industry on the planet.
From driverless cars to medical breakthroughs,
» Read more about: 10 Most Profitable Renewable Energy Stocks Now »
Meanwhile, IT stocks posted the biggest gain of all the ASX sectors, up 3.2 per cent. Sentiment was boosted by the Nasdaq’s rise overnight as well as local winners such as Technology One, which soared 11.6 per cent after posting a 15 per cent increase in net profit to $118 million. Embattled software firm WiseTech rose 2.8 per cent and Xero jumped 3 per cent.
» Read more about: Energy and IT stocks send ASX higher after Wall Street steadies »
Nvidia (NASDAQ: NVDA) stock’s stellar rally is set to be tested when the semiconductor giant releases its fiscal 2025 third-quarter results (for the three months ended Oct. 27) on Nov. 20, as investors and analysts will be expecting the chipmaker to continue its artificial intelligence (AI)-fueled surge.
After all,
NVIDIA Corporation’s NVDA graphic processing units (GPU) were once sought-after among gamers but are now the key players in the artificial intelligence (AI) market, leading to the company being added to the Dow Jones Industrial Average. Does this make NVIDIA an enticing buy, or is there more to watch closely before making a bet?
» Read more about: This Is Why NVIDIA Joined the Dow; And Why It's Time to Buy »
There’s nothing like sitting by the pool and enjoying some pizza, and Warren Buffett just bought himself a slice of both.
Buffett, chairman and chief executive of Berkshire Hathaway (BRK.A) , has always had a fondness for brands.
Related: Warren Buffett is selling one of the world’s biggest companies
“A strong brand is really potent stuff,”
» Read more about: Warren Buffett just bought a popular restaurant stock »
