These are the top 5 stocks in Rakesh Jhunjhunwala’s portfolio, with values ranging from 1000 Cr to 11000 Cr.
Titan, backed by the Tata group, is at the top of its portfolio pyramid. While Star Health, Metro Brands and Tata Motors are some of its recent investments. He stuck with Titan and Crisil since 2015. These five stocks account for nearly 77% of his portfolio wealth. According to Trendlyne data, the great bull’s wealth rose 25% in less than two weeks from August to ₹31,833.77 million. His wealth was all around ₹25,425.88 million in June and with a record of ₹33,753.92 million in March this year. Of this total, your share is valued at approximately ₹11,086.9 million to Titan,…
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Bse, Nse Closed today for Independence Day
For CNBCTV18.com August 15, 2022, 09:03 IST (Published) Mini Capital and money markets will resume trading on August 16, Tuesday. Trading in the cash and derivatives segments of the BSE and NSE exchanges will be available next Tuesday. Indian financial markets are closed on Monday (August 15) as the nation celebrates its 76th Independence Day today. Capital and money markets will resume trading on August 16, Tuesday. Trading in the cash and derivatives segments of the BSE and NSE exchanges will be available next Tuesday. Veteran investor, the Big Bull of Dalal Street, Rakesh Jhunjhunwala, died on Sunday morning in…
Read More »PRESS BRIEF-Financial Times – 15 August
Aug 15 (Reuters) – The following are the top stories from the Financial Times. Reuters has not verified these stories and does not guarantee their accuracy. Holders – Brexit intensifies UK labor shortage https://on.ft.com/3bShltU – UK Tory rivals under growing pressure to freeze energy price cap https://on.ft.com/3QzUD8u – Saudi Prince Alwaleed bin Talal bet $500m on Russia when Ukraine war started https://on.ft.com/3QJY0K1 – EU calls for an end to war in the Balkans ahead of Serbia-Kosovo meetings https://on.ft.com/3SS7rsQ Overview – Brexit has exacerbated labor shortages in the UK over the past year, with industries relying more on freedom of movement,…
Read More »Japan recovers economic growth as coronavirus fears subside
TOKYO — The restaurants are full. The malls are full. People are traveling. And Japan’s economy has started growing again as consumers, weary from more than two years of the pandemic, have moved away from precautions that have kept coronavirus infections among the lowest levels of any rich country . Lockdowns in China, rising inflation and brutally high energy prices failed to suppress Japan’s economic expansion as domestic consumption of goods and services soared in the second quarter of ‘year. The country’s economy, the third largest after the United States and China, grew at an annualized rate of 2.2 percent…
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Williamport’s finance department will be the focus of the current administration | News, Sports, Employment
Finances in the city of Williamsport are not best managed by one or two people. As part of a series of questions from Councilwoman Liz Miele, chair of the finance committee, new financial consultant Tracey Rash of Government Finance Solutions, Harrisburg, acknowledged as much. Part of a strategy sent to the Council by Mayor Derek Slaughter, is to heal a decade “bad management” in the finance department. “We’re going to move forward and figure out how we put the finance department together, what it looks like and what we (the city) can afford.” You got it. Miele urged the administration…
Read More »What top tech investor Paul Meeks is buying as tech rallies
After a massive flight to safety in the first half of the year, investors are buying tech again, but leading tech investor Paul Meeks is far from convinced. “I feel this way not because I see the fundamentals of most of these companies getting much better in the short term, but more because investors seem to be starting to look past the short-term weakness of these businesses,” Meeks, manager wallet at Independent Solutions Wealth Management, he told CNBC Pro Talks on Wednesday. Instead, it chooses to stay on the defensive and look for what it considers safer bets within the…
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Government examines house prices, says finance minister
ISTANBUL The residential real estate market is on the government’s radar, while excessive price movements are being closely watched, Treasury and Finance Minister Nureddin Nebati has said. class=”cf”> A comprehensive study has been launched into the sharp increases in the real estate market, Nebati said. “We are doing and will continue to do whatever it takes.” Financial transaction and property title data collected from online real estate platforms is being analysed, the minister added. The risk analysis department of the Ministry of Finance and Finance is investigating the factors that cause the price increase as they affect general inflation. Officials…
Read More »Dunn warns against exposing seniors to financial risk online | news
WESTERN OFFICE: DR NORMAN Dunn, Minister of State for the Ministry of Industry, Investment and Trade, has warned Gateway Co-operative Credit Union against any plans that will marginalize or expose the elderly to financial risk as they try to roll out their facilities of online banking. The five-year-old financial institution, which was formed in 2017 through a merger between Montego Co-operative Credit Union and Hanover Credit Union, as part of its technology upgrade, has indicated that they will soon offer services of online banking “With the push of online services, the push of ATMs, I urge Gateway to remember the…
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