4 Timeless Investing Lessons Inspired from Holi
Reboot your relationship with your investments with these timeless lessons.
http://www.eqtm.in/Sf68X
Reboot your relationship with your investments with these timeless lessons.
http://www.eqtm.in/Sf68X
❤1
Richa Agarwal’s Top 3 Stocks for 2022
Mark your calendar for Tuesday, February 24th at 5 pm, as…
India’s leading Smallcap guru is revealing the details of her Top 3 Stock Picks for 2022 at her first MEGA summit of 2022.
Richa believes these are the 3 little-known companies every Indian should consider owning.
So make sure to book your spot for the MEGA summit with this below link right away…
http://www.eqtm.in/Gx8q9
Mark your calendar for Tuesday, February 24th at 5 pm, as…
India’s leading Smallcap guru is revealing the details of her Top 3 Stock Picks for 2022 at her first MEGA summit of 2022.
Richa believes these are the 3 little-known companies every Indian should consider owning.
So make sure to book your spot for the MEGA summit with this below link right away…
http://www.eqtm.in/Gx8q9
👍4
Does Gold Make Your Portfolio Crash-Proof?
Rahul Shah spills the beans on gold as an effective hedge for your equity portfolio.
http://www.eqtm.in/Ef48J
Rahul Shah spills the beans on gold as an effective hedge for your equity portfolio.
http://www.eqtm.in/Ef48J
Act Now - Govt’s Mega 2023 Plan Could Bring a Tsunami of Wealth
The Indian government is planning to cover 40,000 km of national highways with EV charging stations by 2023.
This could accelerate EV adoption in India and lead to a potential massive rally in a few EV stocks.
We’ve already identified 3 such EV stocks for you.
And we’ll be revealing all details about them in an exclusive online event tomorrow.
Click the link below to register immediately.
YES, Register Me for FREE.
http://www.eqtm.in/Qa79N
The Indian government is planning to cover 40,000 km of national highways with EV charging stations by 2023.
This could accelerate EV adoption in India and lead to a potential massive rally in a few EV stocks.
We’ve already identified 3 such EV stocks for you.
And we’ll be revealing all details about them in an exclusive online event tomorrow.
Click the link below to register immediately.
YES, Register Me for FREE.
http://www.eqtm.in/Qa79N
👍2
3 ‘Crorepati’ Stocks to Consider Owning in 2022
Register for Richa Agarwal’s Top 3 Stocks for 2022 MEGA Summit and discover the details of 3 ‘Crorepati’ Stocks to consider owning in 2022.
When: Tuesday, February 26th, 5 PM IST
Where: Online - Join with this link
Save Your Spot for the Summit Here
http://www.eqtm.in/Gx8q9
Register for Richa Agarwal’s Top 3 Stocks for 2022 MEGA Summit and discover the details of 3 ‘Crorepati’ Stocks to consider owning in 2022.
When: Tuesday, February 26th, 5 PM IST
Where: Online - Join with this link
Save Your Spot for the Summit Here
http://www.eqtm.in/Gx8q9
👍1
Russia-Ukraine Conflict
The LAST BIG Buying Opportunity for Indian Investors?
Given the correction, the current stock markets sentiment is weak. There’s a talk of a bear market in the D-street.
So does that mean you should be sitting on cash or buying right now?
Find it out at Rahul Shah’s Emergency Broadcast.
http://www.eqtm.in/Dr95Z
The LAST BIG Buying Opportunity for Indian Investors?
Given the correction, the current stock markets sentiment is weak. There’s a talk of a bear market in the D-street.
So does that mean you should be sitting on cash or buying right now?
Find it out at Rahul Shah’s Emergency Broadcast.
http://www.eqtm.in/Dr95Z
❤1👍1
Mindtree vs Mphasis: Which IT Stock is Better?
In the wake of the pandemic, the growing IT industry is set for a big boost. Find out which company stands to benefit.
http://www.eqtm.in/Rd85A
In the wake of the pandemic, the growing IT industry is set for a big boost. Find out which company stands to benefit.
http://www.eqtm.in/Rd85A
Buy Now, Pay Later: Die Another Day…
Buy-Now-Pay-Later (BNPL) is hot - and that makes it increasingly controversial.
http://www.eqtm.in/n6TDc
Buy-Now-Pay-Later (BNPL) is hot - and that makes it increasingly controversial.
http://www.eqtm.in/n6TDc
Ruchi Soya FPO: 7 Things to Know
Ruchi Soya is one of the largest FMCG companies in the Indian edible oil sector. Should you invest in its FPO?
http://www.eqtm.in/Ak2b6
Ruchi Soya is one of the largest FMCG companies in the Indian edible oil sector. Should you invest in its FPO?
http://www.eqtm.in/Ak2b6
👍2
TCS vs HCL Tech: Which IT Stock is Better?
Covid forced companies to transform digitally. Which company will be able to capitalise on this?
http://www.eqtm.in/Jo34P
Covid forced companies to transform digitally. Which company will be able to capitalise on this?
http://www.eqtm.in/Jo34P
👍6
The Hidden Opportunity in EV Stocks No One Knows About
With today’s fast-changing technology and concern about the environment, the popularity of electric vehicles (EVs) has been on the rise.
Most investors go the usual route of investing in large companies and waiting to rake in profits.
We believe that’s not the best approach.
In fact, our research has uncovered a hidden way to make potentially windfall gains from this EV opportunity.
Get all details about this opportunity by clicking the link below:
http://www.eqtm.in/Qa79N
With today’s fast-changing technology and concern about the environment, the popularity of electric vehicles (EVs) has been on the rise.
Most investors go the usual route of investing in large companies and waiting to rake in profits.
We believe that’s not the best approach.
In fact, our research has uncovered a hidden way to make potentially windfall gains from this EV opportunity.
Get all details about this opportunity by clicking the link below:
http://www.eqtm.in/Qa79N
👍5
Rahul Shah’s EMERGENCY BROADCAST
Watch Rahul Shah reveal what could possibly be the LAST BIG buying opportunity for Indian investors.
When: Monday, March 28th at 5 PM IST
Where: Online (private invitation will be sent via email)
You can get the full details here…
http://www.eqtm.in/Dr95Z
Watch Rahul Shah reveal what could possibly be the LAST BIG buying opportunity for Indian investors.
When: Monday, March 28th at 5 PM IST
Where: Online (private invitation will be sent via email)
You can get the full details here…
http://www.eqtm.in/Dr95Z
👍6
Revealing Tomorrow at 5 PM
Details of Top 3 ‘Crorepati’ Stocks for 2022
Use this link to join the Top 3 Stocks for 2022 MEGA summit tomorrow at 5 PM.
Richa will be revealing the details of 3 ‘Crorepati’ stocks that are potentially set to soar high in the coming years.
If you haven’t registered for the summit, please use the link below to save your spot right away.
Top 3 Stocks for 2022 MEGA Summit - FREE Sign Up Here
http://www.eqtm.in/Gx8q9
Details of Top 3 ‘Crorepati’ Stocks for 2022
Use this link to join the Top 3 Stocks for 2022 MEGA summit tomorrow at 5 PM.
Richa will be revealing the details of 3 ‘Crorepati’ stocks that are potentially set to soar high in the coming years.
If you haven’t registered for the summit, please use the link below to save your spot right away.
Top 3 Stocks for 2022 MEGA Summit - FREE Sign Up Here
http://www.eqtm.in/Gx8q9
👍1
Equitymaster has been Hit by a Ransomware Attack
Dear Valued Member:
There’s no easy way to say this.
Equitymaster is now a victim of a ransomware attack.
In effect, this means you and I, along with our base of subscribers and the Equitymaster team, have been locked out of our website.
For now, you can no longer visit Equitymaster.com or our Android App and access our honest opinions on investing.
We are doing our best to address this situation.
I am sure you have many questions you want answered...I will pre-empt some here which I think will be most critical.
First, did Equitymaster have systems to prevent such an attack?
In a word, yes. We subscribe to the best-in-class firewalls, antivirus and malware software and have in place policies that prevent such attacks from happening.
The fact that this attack still happened gives us pause. We are already reviewing everything and have already initiated steps to further tighten our systems and processes to prevent such attacks.
Second, did we keep backups?
Again, yes. We have a well-defined back up policy. It has worked perfectly for over 25 years. Until now. The ransomware hacker has managed to break through and infect our backups as well.
How will this impact you?
If you are a reader of Equitymaster, there’s almost no impact.
If you are a subscriber, again, the impact will be limited as we are working towards restoring data from other internal sources. We expect your subscription account to continue without any inconvenience.
If you are a user of the Portfolio Tracker, this is not good news. While we will try our utmost best to resolve the ransomware matter, any adverse outcome will impact your data. If this would happen we know how disappointed you would be. It would nothing less than shatter us.
Third, will Equitymaster continue to publish?
YES. Our entire team is on ground and finding ways to fight off this challenge. We will definitely continue to publish ALL our premium research. And we are working hard to get back to publishing all the other stuff that we do.
Fourth, when will things go back to normal?
We just cannot say. But we are working to address this at the earliest.
Fifth, is the data safe?
We cannot confirm that. But it appears the intention of the hackers is not the take the data, but to ask for money to unlock the data on our own servers.
What about credit card data and other payment related information?
Equitymaster never saves personal payment details. So no worries at all there.
Sixth, what happens to the missed days of my subscription?
As soon as our systems come online we will more than make up for these lost days.
Like I said, you probably have more questions. I can already see our Customer Service team swamped with queries. I hope you will be patient with them as they do their utmost best to address your concerns.
Meanwhile, my team and I continue to work hard towards addressing this ransomware issue.
Your patience and support is deeply appreciated.
Stay safe,
Warm regards
Rahul Goel
CEO, Equitymaster
PS: The entire customer service team is on standby to address your concerns in the most transparent manner. If you have queries, drop them an email... Thank you, once again.
Dear Valued Member:
There’s no easy way to say this.
Equitymaster is now a victim of a ransomware attack.
In effect, this means you and I, along with our base of subscribers and the Equitymaster team, have been locked out of our website.
For now, you can no longer visit Equitymaster.com or our Android App and access our honest opinions on investing.
We are doing our best to address this situation.
I am sure you have many questions you want answered...I will pre-empt some here which I think will be most critical.
First, did Equitymaster have systems to prevent such an attack?
In a word, yes. We subscribe to the best-in-class firewalls, antivirus and malware software and have in place policies that prevent such attacks from happening.
The fact that this attack still happened gives us pause. We are already reviewing everything and have already initiated steps to further tighten our systems and processes to prevent such attacks.
Second, did we keep backups?
Again, yes. We have a well-defined back up policy. It has worked perfectly for over 25 years. Until now. The ransomware hacker has managed to break through and infect our backups as well.
How will this impact you?
If you are a reader of Equitymaster, there’s almost no impact.
If you are a subscriber, again, the impact will be limited as we are working towards restoring data from other internal sources. We expect your subscription account to continue without any inconvenience.
If you are a user of the Portfolio Tracker, this is not good news. While we will try our utmost best to resolve the ransomware matter, any adverse outcome will impact your data. If this would happen we know how disappointed you would be. It would nothing less than shatter us.
Third, will Equitymaster continue to publish?
YES. Our entire team is on ground and finding ways to fight off this challenge. We will definitely continue to publish ALL our premium research. And we are working hard to get back to publishing all the other stuff that we do.
Fourth, when will things go back to normal?
We just cannot say. But we are working to address this at the earliest.
Fifth, is the data safe?
We cannot confirm that. But it appears the intention of the hackers is not the take the data, but to ask for money to unlock the data on our own servers.
What about credit card data and other payment related information?
Equitymaster never saves personal payment details. So no worries at all there.
Sixth, what happens to the missed days of my subscription?
As soon as our systems come online we will more than make up for these lost days.
Like I said, you probably have more questions. I can already see our Customer Service team swamped with queries. I hope you will be patient with them as they do their utmost best to address your concerns.
Meanwhile, my team and I continue to work hard towards addressing this ransomware issue.
Your patience and support is deeply appreciated.
Stay safe,
Warm regards
Rahul Goel
CEO, Equitymaster
PS: The entire customer service team is on standby to address your concerns in the most transparent manner. If you have queries, drop them an email... Thank you, once again.
👍39❤9
Equitymaster pinned «Equitymaster has been Hit by a Ransomware Attack Dear Valued Member: There’s no easy way to say this. Equitymaster is now a victim of a ransomware attack. In effect, this means you and I, along with our base of subscribers and the Equitymaster team…»
The market takes a breather move after the long weekend; ends the day with the loss of 1% on Nifty to settle at 17,117.
The rally from 15,671 to 17,344 may take a pause on Nifty as it forms the bearish engulfing at 78.60% Fibonacci retracement of 17,794 to 15,671 at 17,350.
Traders can expect some more dips to 16,976-16,850 to fill the gap, test 200DMA and retest the neckline at inverted head and shoulder. Also, the 45-degree trendline support is placed at 16,846 which may act support for bulls.
Relative Strength Index (RSI) indicates the bulls are in control of the momentum as the moves above the previous swing levels of 50-53.
Brijesh Bhatia
Research Analyst, Fast Profit Report
The rally from 15,671 to 17,344 may take a pause on Nifty as it forms the bearish engulfing at 78.60% Fibonacci retracement of 17,794 to 15,671 at 17,350.
Traders can expect some more dips to 16,976-16,850 to fill the gap, test 200DMA and retest the neckline at inverted head and shoulder. Also, the 45-degree trendline support is placed at 16,846 which may act support for bulls.
Relative Strength Index (RSI) indicates the bulls are in control of the momentum as the moves above the previous swing levels of 50-53.
Brijesh Bhatia
Research Analyst, Fast Profit Report
👍14❤1
Indian Share Markets Trade Lower; HUL & Nestle Top Losers
After opening the day marginally lower, Indian share markets extended losses and are currently trading near the day’s low.
Benchmark indices opened lower as global sentiment remained subdued amid a sharp rally in crude oil prices again.
Meanwhile, inflation concerns still continue to dampen sentiment. The US central bank Chair Jerome Powell said the Fed would hike rates by 50 basis points on multiple occasions, if required, to tame inflation.
The 10-year bond yield in the US hit the 2.3% mark overnight following these comments and crude oil prices also jumped.
Currently, the BSE Sensex is trading down by 251 points, down 0.5%. Meanwhile, the NSE Nifty is down 70 points.
Reliance Industries and Power Grid are among the top gainers today.
HUL and Nestle, on the other hand are among the top losers.
FMCG companies are trading lower as foreign brokerage Jefferies cut earnings estimates by 1-10% as a possible delay in recovery of gross margins, weakness in volume growth and margin compression are likely to weigh on them.
Among sectoral indices, banking, automobile and realty stocks are in red while oil & gas and IT stocks are bucking the trend.
Oil companies are in traction as crude oil hovers around highs of US$120 a barrel. ONGC, Oil India, BPCL, IOC, and Adani Total Gas are all trading 2-4% higher.
Speaking of stock markets, Co-head of Research at Equitymaster Tanushree Banerjee has recorded a video discussing whether India will see a China-like market correction.
You can watch the video on Equitymaster’s YouTube Channel.
https://www.youtube.com/user/eqtmonline
Link to the video: Can India See China-Like Market Correction?
https://www.youtube.com/watch?v=WtHq2x8pCaA
More details to follow in the upcoming commentary.
After opening the day marginally lower, Indian share markets extended losses and are currently trading near the day’s low.
Benchmark indices opened lower as global sentiment remained subdued amid a sharp rally in crude oil prices again.
Meanwhile, inflation concerns still continue to dampen sentiment. The US central bank Chair Jerome Powell said the Fed would hike rates by 50 basis points on multiple occasions, if required, to tame inflation.
The 10-year bond yield in the US hit the 2.3% mark overnight following these comments and crude oil prices also jumped.
Currently, the BSE Sensex is trading down by 251 points, down 0.5%. Meanwhile, the NSE Nifty is down 70 points.
Reliance Industries and Power Grid are among the top gainers today.
HUL and Nestle, on the other hand are among the top losers.
FMCG companies are trading lower as foreign brokerage Jefferies cut earnings estimates by 1-10% as a possible delay in recovery of gross margins, weakness in volume growth and margin compression are likely to weigh on them.
Among sectoral indices, banking, automobile and realty stocks are in red while oil & gas and IT stocks are bucking the trend.
Oil companies are in traction as crude oil hovers around highs of US$120 a barrel. ONGC, Oil India, BPCL, IOC, and Adani Total Gas are all trading 2-4% higher.
Speaking of stock markets, Co-head of Research at Equitymaster Tanushree Banerjee has recorded a video discussing whether India will see a China-like market correction.
You can watch the video on Equitymaster’s YouTube Channel.
https://www.youtube.com/user/eqtmonline
Link to the video: Can India See China-Like Market Correction?
https://www.youtube.com/watch?v=WtHq2x8pCaA
More details to follow in the upcoming commentary.
👍12
As you are aware, Equitymaster.com is a victim of a ransomware attack.
We will not let this come between you and the credible and honest opinions we publish for you.
The entire Equitymaster team is all here, and publishing daily as usual.
Just that you will receive our content and research updates over email till we sort out things.
Thank you for your patience.
We will not let this come between you and the credible and honest opinions we publish for you.
The entire Equitymaster team is all here, and publishing daily as usual.
Just that you will receive our content and research updates over email till we sort out things.
Thank you for your patience.
👍16
Sensex Down Over 200 Points; Dow Futures Trade Flat
Indian share markets are trading lower for the second consecutive day today as concerns about the Russia – Ukraine war loomed and a flare up in crude prices dampened sentiment.
the BSE Sensex is trading down by 251 points, down 0.5%. Meanwhile, the NSE Nifty is down 70 points.
Reliance Industries and Power Grid are among the top gainers today.
HUL and Nestle, on the other hand are among the top losers.
FMCG companies are trading lower as foreign brokerage Jefferies cut earnings estimates by 1-10% as a possible delay in recovery of gross margins, weakness in volume growth and margin compression are likely to weigh on them.
Among sectoral indices, banking, automobile and realty stocks are in red while oil & gas and IT stocks are bucking the trend.
Oil companies are in traction as crude oil hovers around highs of US$120 a barrel. ONGC, Oil India, BPCL, IOC, and Adani Total Gas are all trading 2-4% higher.
Speaking of stock markets, Co-head of Research at Equitymaster Tanushree Banerjee has recorded a video discussing whether India will see a China-like market correction.
You can watch the video on Equitymaster’s YouTube Channel. https://www.youtube.com/user/eqtmonline
Link to the video: Can India See China-Like Market Correction? https://www.youtube.com/watch?v=WtHq2x8pCaA
More details to follow in the upcoming commentary.
Indian share markets are trading lower for the second consecutive day today as concerns about the Russia – Ukraine war loomed and a flare up in crude prices dampened sentiment.
the BSE Sensex is trading down by 251 points, down 0.5%. Meanwhile, the NSE Nifty is down 70 points.
Reliance Industries and Power Grid are among the top gainers today.
HUL and Nestle, on the other hand are among the top losers.
FMCG companies are trading lower as foreign brokerage Jefferies cut earnings estimates by 1-10% as a possible delay in recovery of gross margins, weakness in volume growth and margin compression are likely to weigh on them.
Among sectoral indices, banking, automobile and realty stocks are in red while oil & gas and IT stocks are bucking the trend.
Oil companies are in traction as crude oil hovers around highs of US$120 a barrel. ONGC, Oil India, BPCL, IOC, and Adani Total Gas are all trading 2-4% higher.
Speaking of stock markets, Co-head of Research at Equitymaster Tanushree Banerjee has recorded a video discussing whether India will see a China-like market correction.
You can watch the video on Equitymaster’s YouTube Channel. https://www.youtube.com/user/eqtmonline
Link to the video: Can India See China-Like Market Correction? https://www.youtube.com/watch?v=WtHq2x8pCaA
More details to follow in the upcoming commentary.
YouTube
Can India See China-Like Market Correction? I Tanushree Banerjee I Technology Stocks
Get free access to our latest research idea instantly. Visit: http://www.eqtm.in/i7D9C
MSCI China had the poorest returns amongst emerging market indices over three decades. Can India follow suit?
MSCI Japan index has produced more than double the return…
MSCI China had the poorest returns amongst emerging market indices over three decades. Can India follow suit?
MSCI Japan index has produced more than double the return…
👍2
Sensex Zooms 600 Points; IT & Energy Stocks Lead Gains
Share markets in India have erased early losses and are presently trading on a strong note.
Benchmark indices rebounded into the positive zone led by buying interest in index heavyweight stocks such as Reliance Industries, ITC and select IT companies.
Earlier today, markets had opened lower following inflation and crude oil concerns. The US central bank Chair Jerome Powell said the Fed would hike rates by 50 basis points on multiple occasions, if required, to tame inflation.
Currently, the BSE Sensex is trading up by 580 points, up 1%. Meanwhile,the NSE Nifty is up 172 points.
Reliance Industries and Tech Mahindra are among the top gainers today.
Nestle and UltraTech Cement, on the other hand are among the top losers.
Both the BSE Midcap index and the BSE Smallcap index are trading on a flat note.
Among sectoral indices, IT, energy and telecom stocks are trading in green while realty stocks are the worst hit.
Gold prices are trading down by 0.2% at Rs 51.556 per 10 grams.
Speaking of gold, Co-head of Research at Equitymaster Rahul Shah recently recorded a video where he spills the beans on gold as an effective hedge for your equity portfolio.
You can watch the video on Equitymaster’s YouTube Channel.
https://www.youtube.com/user/eqtmonline
Link to the video: Does Gold Make Your Portfolio Crash-Proof?
https://www.youtube.com/watch?v=GUIsj--MDSI&t=7s
More details to follow in the upcoming commentary.
Share markets in India have erased early losses and are presently trading on a strong note.
Benchmark indices rebounded into the positive zone led by buying interest in index heavyweight stocks such as Reliance Industries, ITC and select IT companies.
Earlier today, markets had opened lower following inflation and crude oil concerns. The US central bank Chair Jerome Powell said the Fed would hike rates by 50 basis points on multiple occasions, if required, to tame inflation.
Currently, the BSE Sensex is trading up by 580 points, up 1%. Meanwhile,the NSE Nifty is up 172 points.
Reliance Industries and Tech Mahindra are among the top gainers today.
Nestle and UltraTech Cement, on the other hand are among the top losers.
Both the BSE Midcap index and the BSE Smallcap index are trading on a flat note.
Among sectoral indices, IT, energy and telecom stocks are trading in green while realty stocks are the worst hit.
Gold prices are trading down by 0.2% at Rs 51.556 per 10 grams.
Speaking of gold, Co-head of Research at Equitymaster Rahul Shah recently recorded a video where he spills the beans on gold as an effective hedge for your equity portfolio.
You can watch the video on Equitymaster’s YouTube Channel.
https://www.youtube.com/user/eqtmonline
Link to the video: Does Gold Make Your Portfolio Crash-Proof?
https://www.youtube.com/watch?v=GUIsj--MDSI&t=7s
More details to follow in the upcoming commentary.
👍3
Sensex Ends 697 Points Higher, Nifty Zooms Past 17,300; Tech Mahindra & Reliance Top Gainers
After opening the day on a negative note, Indian share markets staged a smart recovery in the afternoon session as index heavyweights Reliance, ITC and select IT companies witnessed buying.
The sharp rebound comes in line with overseas peers as Asian and European markets are also higher today.
Meanwhile, RBI governor’s comments to ensure ample liquidity boosted sentiment. The RBI continues to be supportive of growth, the governor said, addressing an industry lobby in Mumbai yesterday.
At the closing bell, the BSE Sensex stood higher by 697 points, up 1.2%. Meanwhile, the NSE Nifty ended higher by 198 points.
The Sensex bounced back over 1,000 points from the day's low.
Reliance Industries and Tech Mahindra were among the top gainers today. Nestle and HUL, on the other hand were among the top losers.
Among individual stocks, shares of Paytm fell and hit a new low today owing to persistent negative news flow.
Gold prices are trading down by 0.2% at Rs 51,567 per 10 grams.
Speaking of gold, Co-head of Research at Equitymaster Rahul Shah recently recorded a video where he spills the beans on gold as an effective hedge for your equity portfolio.
You can watch the video on Equitymaster’s YouTube Channel.
https://www.youtube.com/user/eqtmonline
Link to the video: Does Gold Make Your Portfolio Crash-Proof?
https://www.youtube.com/watch?v=GUIsj--MDSI&t=7s
After opening the day on a negative note, Indian share markets staged a smart recovery in the afternoon session as index heavyweights Reliance, ITC and select IT companies witnessed buying.
The sharp rebound comes in line with overseas peers as Asian and European markets are also higher today.
Meanwhile, RBI governor’s comments to ensure ample liquidity boosted sentiment. The RBI continues to be supportive of growth, the governor said, addressing an industry lobby in Mumbai yesterday.
At the closing bell, the BSE Sensex stood higher by 697 points, up 1.2%. Meanwhile, the NSE Nifty ended higher by 198 points.
The Sensex bounced back over 1,000 points from the day's low.
Reliance Industries and Tech Mahindra were among the top gainers today. Nestle and HUL, on the other hand were among the top losers.
Among individual stocks, shares of Paytm fell and hit a new low today owing to persistent negative news flow.
Gold prices are trading down by 0.2% at Rs 51,567 per 10 grams.
Speaking of gold, Co-head of Research at Equitymaster Rahul Shah recently recorded a video where he spills the beans on gold as an effective hedge for your equity portfolio.
You can watch the video on Equitymaster’s YouTube Channel.
https://www.youtube.com/user/eqtmonline
Link to the video: Does Gold Make Your Portfolio Crash-Proof?
https://www.youtube.com/watch?v=GUIsj--MDSI&t=7s
👍8