Expert view: Nifty valuation not out of balance; resist reacting to interest rates, elections, says Marcellus co-founder | Stock Market News

Expert view: Nifty valuation not out of balance; resist reacting to interest rates, elections, says Marcellus co-founder | Stock Market News

Source: Live Mint Expert view: Pramod Gubbi, the co-founder of Marcellus Investment Managers, believes the valuation of Nifty 50 is high but not out of balance. In an interview with Mint, Gubbi discussed the long-term opportunities and the impact of the US Fed rate cut on the Indian stock market. Edited excerpts: Does this market…

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Zomato share price at a fresh record high, up nearly 193% from its 1-year low; is it still buy-worthy? Experts weigh in | Stock Market News

Zomato share price at a fresh record high, up nearly 193% from its 1-year low; is it still buy-worthy? Experts weigh in | Stock Market News

Source: Live Mint Zomato share price: Rising over 5 per cent in intraday trade, shares of Zomato hit its fresh all-time high of ₹285.95 in intraday trade on the BSE on Thursday, September 12. The stock finally closed 4.49 per cent higher at ₹283.90, extending its winning streak into the sixth consecutive session. The stock…

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US Fed rate cut: Can a 25 bps cut disappoint the Indian stock market? 5 experts weigh in | Stock Market News

US Fed rate cut: Can a 25 bps cut disappoint the Indian stock market? 5 experts weigh in | Stock Market News

Source: Live Mint US Fed rate cut: The outcome of the September policy meeting of the Federal Open Market Committee (FOMC) could be the most significant catalyst for global markets—or perhaps not. Although no one knows what the US Federal Reserve will decide about policy rates on September 17-18, there is still prevailing certainty that…

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Shubhshree Biofuels Energy IPO subscribed 2.99 times on day 1, check details | Stock Market News

Shubhshree Biofuels Energy IPO subscribed 2.99 times on day 1, check details | Stock Market News

Source: Live Mint Shubhshree Biofuels Energy Limited’s initial public offering (IPO), through a book-building process, offers a fresh issue of equity shares, opened for subscription on September 9. The public offer was oversubscribed 2.99 times. Investors bid for 24.67 lakh shares compared to the 8.96 lakh shares available. The retail investors subscribed to the public…

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