How Indian investors are gaining as Nvidia sees record rally
Mon, Feb 26, 2024 1:42 PM

How Indian investors are gaining as Nvidia sees record rally

A Flip by Shubhangi Gupta
Get it on Google Play
The breakneck rally in US-based chipmaker Nvidia’s share has made Indian investors richer with Rs 1,699 crore invested via the mutual fund route alone, shows data. Nvidia's stock surged 16 percent on February 22, as the company surpassed Wall Street predictions after announcing its fiscal fourth-quarter revenue of $22.10 billion, a 265 percent year-on-year (YoY) growth.

More great flips

Soil in India is fertile for entrepreneurs, says Manish Chokhani

Soil in India is fertile for entrepreneurs, says Manish Chokhani

India's entrepreneurial ecosystem continues to flourish, with fertile ground for businesses to grow and thrive, says Manish Chokhani, Director of Enam Holdings. Speaking on investment strategies, Chokhani emphasized that the price investors pay is the only factor within their control. “In times like these, it’s crucial to double down rather than lose faith,” he advised.

Open Flip
Gold prices see sharp 4% declines this week – Is it time to buy?

Gold prices see sharp 4% declines this week – Is it time to buy?

The 24 Karat Gold price in India showed a decline of 4.12 per cent from Rs 77,580 to Rs 74,380 in the last week. Experts are not ruling out similar performance for the month with a decline 3.72 per cent to Rs 77,250. What's worrying investors? The factors to be considered for the weekly and monthly low include both domestic and international events.

Open Flip
La Opala Rg Q2 Results 2024: profit fall by 22.86% YOY, profit at ₹24.06 cr

La Opala Rg Q2 Results 2024: profit fall by 22.86% YOY, profit at ₹24.06 cr

La Opala Rg Q2 Results 2024: La Opala Rg announced its Q2 results for 2024 on November 14, revealing a mixed performance with a year-over-year profit decrease of 22.86%. The company’s profit for the quarter stood at ₹24.06 crore, while revenue showed a modest increase of 1.54% to reach ₹90.61 crore.In comparison to the previous quarter, La Opala Rg experienced a significant growth in revenue.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon