AI darling Nvidia on Wednesday surprised Wall Street with accelerating growth after several quarters of slowing sales and a fourth-quarter forecast that exceeded expectations
PhysicsWallahs stock delivered conflicting signals at Thursdays close, finishing higher on the NSE and lower on the BSE in an unusual split that highlighted heightened volatility in the days following its blockbuster listing. The divergent closing prices came after a sharp intraday slide that erased significant market value.
A fire, reportedly caused by a tourist's improper use of incense and candles, has destroyed the Wenchang Pavilion temple in China's Jiangsu province. The wooden structure collapsed within minutes, but authorities confirmed no one was injured and the blaze was contained. Investigations are ongoing, with restoration planned.
Market expert Sandip Sabharwal identifies ICICI, Axis, and Kotak as top banking picks, citing upside potential. He also sees value in infrastructure stocks like NCC and Ahluwalia Contracts, while highlighting Indian Hotels as a standout in the hospitality sector. Sabharwal advises caution on IPOs, warning of overvaluation and potential retail investor pitfalls.
Zerodha CEO Nithin Kamath revealed that a company colleague now holds an astonishing 3,100 stocksnearly the entire NSE universepushing diversification to an extreme. Kamaths post triggered witty reactions online, with users calling it a personal mutual fund and warning that excessive diversification, high costs, and microcap illiquidity could drag long-term returns.
