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IT Stocks Lead Rise in India's Nifty 50 to Record Highs
- India's Nifty 50 index rose to record highs on Monday, driven by strong performance in the IT sector.
- The NSE Nifty 50 climbed 0.4% to a record high of 24,598, while the S&P BSE Sensex added 0.2% to 80,654 points.
- Strong buying in ...
[Thread] Why is the Indian Public Market outperforming the US Public Market?
Both indexes began diverging sometime close to when Fed started to aggressively hike rates. It appears that the post-COVID rally was more favourable to the S&P but NIFTY is currently outperforming on absolute returns.
My idea is funda...
Value Investors
Which stocks according to you are undervalued and why(Ind and US stocks)
For me - Meta, Weibo and alibaba are significantly undervalued.(All US listed)
Tech has failed to be a good employer; Layoffs are just one example
The economy went down? Yes. Did it affect all kinds of companies? Yes
Did the banks fire any one? No Did the Railways fire anyone? No Did the media agencies fire anyone? No
Did Large Tech companies and IT fire people? Absolute...
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Not the way it works. It's a function of how fast an industry grows -> The faster it is, the more you have to hire i...