Thu, Feb 1, 2024 2:24 PM
PM Modi describes Budget as inclusive and innovative, laying foundation.
A Flip by Avya Verma
Companies in India are facing less opposition from shareholders, with only 16% of resolutions seeing more than 20% dissent from institutional shareholders in the recent proxy season, down from 17% in previous years, as companies engage more with investors and take minority shareholders' concerns into account.
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The U.S. dollar was poised for big weekly gains on Friday, towering near one-year highs as a hawkish turn from the Federal Reserve chief sent short-term Treasury yields higher, leaving Wall Street and European futures in the red. Asian shares looked to end a brutal week on a steadier note, helped by Chinese data retail sales in the world's second-biggest economy beat forecasts in October.
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On stocks to buy next week, Osho Krishan recommended: 📌Jubilant FoodWorks, following a healthy correction from its recent peak of 715, has demonstrated remarkable recovery by moving above all its major EMAs on daily chart. 📌L&T Technology has been firmly hovering near cluster of its EMAs on the daily time frame chart, indicating resilience towards the extreme sell-off in the broader markets.
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