₹15 to ₹795: Multibagger Ashish Kacholia’s stock goes from ₹1 lakh to ₹53 lakh in 2 years
Ashish Kacholia Portfolio: In the post-Covid-19 rally, the Indian stock market has produced a good number of multibagger stocks. Xpro India stock is one of them. This Ashish Kacholia stock is one of the multibagger stocks of the last year, while in the last two years it has risen around ₹15 a ₹795 levels each, registering an increase of close to 5,200% in this period. Xpro India share price history Despite the global economy reeling under the heat of inflation and slowdown, this stock portfolio of Ashish Kacholia has given stellar returns to its shareholders in recent years. In the…
Read More »Stock market coverage of May 4, 2022
The Covid era of free money is over. After the Fed’s historic rate hike on Wednesday, Americans will begin to see higher borrowing costs. Every time the Fed raises rates, it becomes more expensive to borrow. This means higher interest costs on mortgages, home equity lines of credit, credit cards, student debt and car loans. Business loans will also be more expensive, for businesses large and small. For most Americans, the most tangible way this is playing out is with mortgages, where expectations of rate hikes have already pushed rates higher: A 30-year fixed-rate mortgage averaged 5.1% in the week…
Read More »Sensex, Nifty50 end 6-day winning run: Rupee falls to 79.47 against dollar
Market nearby | Sensex and Nifty50 snap 6-day winning streak Here are some highlights: –Financial stocks drag indexes lower: Tech and pharma stocks provide support –Positive Lupine comments lift pharma stocks: Nifty Pharma rises more than two percent –NTPC and Tata Consumer are the top Nifty losers, followed by Coal India and Shree Cement –SBI under pressure ahead of Saturday’s quarterly earnings –Cipla, Nestle, Sun Pharma and Infosys top Nifty gainers –Lupine’s positive comments lift shares up nine percent from the day’s low despite weak results –AU Small Finance Bank up 4% as QIP book oversubscribed –Astral rises four percent…
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Stocks under pressure, tech falls 2% amid Snap collapse
US stocks lost ground on Friday, with the technology sector snapping a three-day winning streak with a flourish. The tech-heavy Nasdaq fell 1.9% on Friday after Snap ( SNAP ) results weighed on the sector and sent shockwaves through the digital ad market. The benchmark S&P 500 fell 0.9% and the Dow lost 0.4% in the final trading session of the week. All three major indexes, however, ended the week with modest gains. The fall of Snap’s (SNAP) disastrous fourth quarter results report weighed on tech stocks to end the week, with the social media company’s shares losing 39% on…
Read More »Ryan Kent, Forbes Recognized Edward Jones Local Financial Advisor | News, Sports, Employment
Edward Jones Financial Advisor Ryan Kent of Fort Dodge was named by Forbes and SHOOK Research to Forbes’ Top New Generation Wealth Advisors in the State for 2022, ranking No. 5 in Iowa. The list includes 1,000 financial advisors nationwide, all under the age of 40 with at least four years of experience. “I’m inspired by the partnerships I get to build with my clients as we explore the things they value most and purposefully invest their money toward their goals. In turn, my goal is to make a meaningful difference in their lives and for in my community.” he…
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The Fed may give the stock market a gigantic shock this week
News by Drew Angerer/Getty Images The week of July 25 will be a big one for the markets, with the FOMC meeting on Wednesday afternoon. I pointed out last weekend that the markets could have a major drop, and I still think so this is likely to happen. Unfortunately for me, it looks like my time may have been wasted by a few days as the VIX fell all week. This suggests that the market is either playing a game or very complacent, heading into a crucial week. The VIX index ( VIX ) is trading around 23 at its…
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City Council: The financial consultancy is worth its price | News, Sports, Employment
A new financial expert consulting deal was approved by the City Council Thursday and is already paying dividends, officials said. Tracey Rash, who is with Government Finance Solutions, Harrisburg, will work on behalf of the city for the next 120 days or when her services reach an $85,000 cap. In addition to finding that the city owed the Internal Revenue Service $160,000 in civil penalties for unreturned 2017 tax documents, Rash told the finance committee and council that he has recovered $15,000 in unclaimed money he had the state and expects to receive another $40. due to the city He…
Read More »Economy and stock market news for August 8, 2022
A staff meeting at the Axios offices in Arlington, Va., in February.Credit…Jared Soares for The New York Times Axios, the digital media company that quickly gained traction since its founding five years ago with its distinctive types of newsletters in the fields of politics, business and technology, he said on Monday which had agreed to sell itself to Cox Enterprises. The deal, which is set to close this month, values Axios at $525 million, according to two people with knowledge of the deal. The agreement is structured so that the three founders of the company: Jim VandeHei, the CEO; Roy…
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