Thu, Nov 28, 2024 6:15 PM
Multibagger IT stock is close to record high: Ceinsys Tech
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💰Among the top gainers in the Nifty index today were Adani Enterprises (up 1.64%), Shriram Finance (up 0.82%), State Bank of India (up 0.57%), and Cipla (up 0.11%). 💰Conversely, the top losers included SBI Life Insurance Company (down 5.10%), Infosys (down 3.53%), Mahindra & Mahindra (down 3.53%), HDFC Life Insurance Company (down 3.36%), and Bajaj Finance (down 2.92%).
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Mizuho Financial Group Inc. plans to expand into India's venture capital and private equity market, targeting "financial sponsors" to offer a range of services, including wealth management, advisory, and loan capital. The Japan-based bank aims to start the initiative as early as next year, following a similar strategy to local and international lenders.
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Madhu Kela, founder of MK Ventures, is bullish on the 📌energy transition, 📌semiconductor, and 📌liquor industries, citing their long-term growth potential. He sees a constructive market setup and advises buying on dips, expecting government expenditure to boost corporate earnings in the next two quarters.
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