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Concerns are rising over the weighting methodology of Indian indices like Nifty and Bank Nifty, with experts suggesting a re-evaluation. Gurmeet Chadha proposes incorporating GDP representation alongside free-float market cap. He highlighted that HDFC and ICICI constitute a significant portion of Bank Nifty.
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News and Media
Warren Buffett, known for his value investing, still drives his 2014 Cadillac XTS at 94. Despite his wealth, Buffett prioritizes utility over luxury, valuing his time more than a new car. He avoids the time-consuming process of car shopping, emphasizing quality and longevity.
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News and Media
Indian equities have underperformed in the last year, with the Sensex posting a -0.7% return. Weak corporate earnings, persistent foreign investor selling, and high valuations are to blame. Despite policy support, global uncertainties and trade tensions have further dampened market sentiment.
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News and Media
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