Thu, Nov 28, 2024 9:05 AM
Amber Enterprises' 107% returns in 2024 prompts a Goldman Sachs downgrade
A Flip by Shubhangi Gupta
Emkay Wealth Management warns that Indian stocks are overvalued and recommends diversifying portfolios to overseas markets like the US, which offers a good amount of diversification. An ideal allocation would be 50:50 equity and debt, with 30% equity in US stocks, providing a hedge against expensive Indian markets.
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The Airports Authority of India (AAI) is looking to install 122 Inxee Systems’ SmartDock artificial intelligence (AI)-enabled mechanism at nine airports across the country at an estimated cost of Rs 25 crore by February, 2025, multiple officials and executives aware of the ongoing development told Moneycontrol. The upcoming installation aims to further enhance passengers' safety and operations.
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India's consumer durables retail sector, valued at Rs 1.8 trillion, faces six key risks that could disrupt growth, according to Nuvama Institutional Equities. Despite the challenges, two small-cap players—📌Electronics Mart India and 📌Aditya Vision Ltd—stand out for their strategic approaches and strong regional dominance, making them compelling investment opportunities.
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