The Indian equity markets have been rather volatile of late due to a variety of factors in play – particularly the impact of Trump 2.0 protectionist policies, weak Indian rupee, FII selling Indian equities, slowdown in earnings, and stretched valuations.
In such times, instead of going gung-ho with only equities,
Kotak Mutual Fund and Motilal Mutual Fund have together invested about Rs 169 crore in Rubicon Research, a pharmaceutical company, ahead of its IPO.
Details of the deal:
General Atlantic Singapore RR Pte Ltd sold 34.86 lakh shares (2.25% stake) at Rs 484.47 per share.
Motilal Oswal Small Cap Fund bought 16.4 lakh shares (1.06% stake) for Rs 79.4 crore.
» Read more about: Rubicon Research IPO: Kotak & Motilal Funds Invest Rs 169 Crore »
Most investors end up owning too many mutual funds through impulse, tips, or changing market cycles. The result is a portfolio that mirrors an index yet charges active fees. Deciding what to buy is easy; deciding what to sell requires discipline. Here’s a structured framework to evaluate your mutual funds objectively and simplify your portfolio without compromising returns.
» Read more about: How to rebalance your mutual fund portfolio »
Bank of America analyst Mariana Perez Mora recently raised her target price on Palantir to $215 per share, the highest forecast on Wall Street.
Palantir Technologies (PLTR 0.76%) is one of the most popular artificial intelligence (AI) stocks on the market, especially among retail investors.
» Read more about: Palantir Stock Investors Just Got Great News From Wall Street »
Amazon represents a rare company with two industry-leading businesses and a third that’s a strong contender.
Investors continue to underestimate the tech powerhouse, even as it sets the stage for future growth.
Wall Street is projecting modest growth over the coming five years,
One of these stocks lost about a quarter of its value in a single month.
It’s fun to follow stocks that soared recently, and it can be sobering to see which ones have plunged — especially if you’re a shareholder. So here’s a look at the worst-performing stocks in the S&P 500 index of 500 of America’s biggest companies —
By STAN CHOE, AP Business Writer
NEW YORK (AP) — Wall Street’s record-breaking rally ran out of momentum on Tuesday after the price of gold topped $4,000 per ounce for the first time.
The S&P 500 dipped 0.4% from its latest all-time high and broke a seven-day winning streak.
» Read more about: Wall Street drifts around its records as gold tops $4,000 per ounce »
Submitted Photo
The urban forest canopy is an investment in this North Dakota community. (NDSU photo)
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What do you invest in? That’s a pretty personal question, and in reality, it’s none of my business!
To be honest, I really don’t know the fine details of my own investments.
» Read more about: In it for long haul: When we plant trees, we’re investing in the future »
Sydneysiders have been spotted queuing outside gold dealers as the price of the precious metal surged to a record high.
Gold dealer ABC Bullion in Sydney’s Martin Place, in the CBD, attracted a huge crowd on Thursday, with Aussies patiently queuing outside the building throughout the morning.
Similar queues were seen on Wednesday with a crowd of largely retirees and families spotted waiting by the entrance,
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Steven Cress is VP of Quantitative Strategy and Market Data at Seeking Alpha. Steve is also the creator of the platform’s quantitative stock rating system and many of the analytical tools on Seeking Alpha.
» Read more about: 5 Best AI ETFs To Capture Massive Infrastructure Capex Spending »