The World Gold Council (WGC) has proposed an initiative to build a physically-backed shared infrastructure to advance the growth of digital gold.
The primary market anticipates a quiet week with no mainboard IPOs. Investor focus shifts to SME platforms, featuring one new IPO and several listings. This activity occurs against a backdrop of market downturns and rising oil prices. Amba Auto Sales & Services IPO opens soon. Adisoft Technologies and Leapfrog Engineering Services are set for listings.
Global markets face inflation and uncertainty. Veteran investor Thomas Russo suggests true company survivors possess a 'capacity to suffer'. These businesses reinvest for future growth, even if it means sacrificing immediate profits. Investors must also develop this resilience, holding quality companies through market volatility. Identifying such resilient businesses is key for long-term wealth creation.
Decoding the charts, Rupak De, Senior Technical Analyst at LKP Securities, said the index faced resistance near its 100-day EMA on the daily chart, which capped the rally and triggered fresh selling, dragging it below the 24,000 mark.
The combined market valuation of seven of the top-10 most-valued firms eroded by Rs 2 lakh crore last week, with Tata Consultancy Services and Reliance Industries emerging as the biggest laggards, in-tandem with a bearish trend in equities.
Warren Buffett’s famously frugal lifestyle is reflected in everything from using McDonald’s coupons to letting market conditions decide his daily breakfast spend. The Berkshire Hathaway chief’s simple habits—from modest living to disciplined spending—underscore his belief that wealth doesn’t equate to luxury, but to long-term value and contentment.
Foreign investors have pulled back from the Indian stock market. Several major companies have seen significant drops in foreign institutional investor holdings over the past year. This selling pressure has coincided with sharp declines in the share prices of these well-known companies.
US stock market moves over the past 15 months have been heavily influenced by President Donald Trump’s remarks and social media posts. Fundstrat analysis shows his comments drove the S&P 500’s biggest gains and losses, an influence unmatched by any modern US leader. Analysts say this level of market impact is unprecedented and highlights investors’ sensitivity to political signals.
MF Performance
Major Indices
