nilesh shah news: Should you book your profits or stay invested as market may conquer new peaks? Nilesh Shah answers

Nilesh Shah, MD, Kotak AMC, says many people depend upon their next generation and become a burden on them. It is important that we create financial security for every Indian through capital market participation whereby they can generate real return. How can you make a country rich when 93% of savings went into either below … Read more

How a tax sop has created a divide in India’s motown

As Indian automakers negotiate the transition from internal combustion engine (ICE) to electric, they stare at a diversion on the route. Consumers do want an alternative to vehicles powered by dirty fuel but they are not lapping up EVs as yet. They are preferring hybrids. The transition from ICE to electric is easier via hybrids, … Read more

Stock market frauds on the rise: 6 ways to protect yourself

Even as online stock market frauds have become commonplace now, investors and traders are advised to remain vigilant of potential threats and scams that target unsuspecting individuals through various tactics and leaving victims financially drained. With the growing threat market regulator Securities and Exchange Board of India (Sebi) and stock exchanges including NSE have been … Read more

volatility index: India VIX jumps 40%, registers highest single-day gain in 9 years

Fear index India VIX witnessed its highest single-day gain in 9 years, jumping nearly 40% on intraday basis to the day’s high of 28.62. The gains were seen after counting trends showed a strong fight back by the India Alliance though BJP-led NDA still managed to cross the majority mark. India VIX had settled at … Read more

GameStop shares soar after “Roaring Kitty” reveals $116 million stake

GameStop shares soared in premarket trading Monday following speculation that the man behind the meme-stock craze owns a large number of shares of the video game retailer that could be worth millions. Keith Gill, better known as “Roaring Kitty,” posted a screenshot in the r/SuperStonk forum on Reddit that users on the platform are interpreting … Read more

volatility index: 22% ‘volatility crush’ on D-Street as exit polls scream Modi 3.0

D-Street fear index India VIX fell 22% to the day’s low of 19.12 on Monday after a screaming call by exit polls suggesting the return of the incumbent Bharatiya Janata Party (BJP) led NDA government. At 1:20 pm India Vix stood at 20.21, down by 17.85% from 24.60 on Friday. According to the average of … Read more

MAN Industries: Q2, Q3 and Q4 will be better for MAN Industries: Ramesh Chandra Mansukhani

Ramesh Chandra Mansukhani, Chairman, MAN Industries, says the guidance for FY25 would be around Rs 4,000 crore which will be 25-30% growth. This year we closed Rs 3,200 crore while last year it was Rs 2,200 crore. The growth will be roughly Rs 4,000 crore and we are estimating EBITDA between Rs 400 and 450 … Read more

Tech View: Dark cloud pattern seen on Nifty charts. What traders should do on Thursday expiry

Nifty on Wednesday ended 183 points lower near the 22,700 level as the index formed a dark cloud cover candlestick pattern on the daily chart. Support for Nifty is now seen at 22,675-700 and 22,500 levels. On the higher side, the immediate resistance zone is at 22,825-850 levels and the next psychological resistance is at … Read more

valuation: Looking for attractive valuation plus strong fundamentals? Financials is the answer, says Ramesh Mantri

Ramesh Mantri, CIO, WhiteOak Capital AMC, says when we look at combined fundamentals and valuation, there are some sectors where fundamentals are very strong, but valuation is very high like industrials, capex related and then smaller industry segments like defence, electronics and manufacturing. The fundamental corporate earnings have been good but the valuation is high. … Read more