StockMarket

Karnataka polls, Q4 earnings among 7 key factors that will guide market next week

Authors: Jordan

NEW DELHI: The domestic equity market ended on a negative note last week, thus posting its first weekly loss in six weeks. Subdued global cues and heavy selling in IT and pharma stocks weighed on investor sentiment.

The S-P BSE Sensex ended 0.15 per cent lower for the week at 34,915, while the NSE Nifty settled at 10,618, down

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Oracle of Omaha still waiting for a value buy, looking at China too

Authors: Super User

Legendary investor Warren Buffett on Saturday said his phone has not been ringing with good deals.

Buffett-led Berkshire Hathaway has been sitting on a heap of idle cash and short-term treasury bills worth $116 billion.

“Cheap money has been fuelling mergers and acquisitions and Berkshire has stayed away largely of late. B

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Authors: Jordan

The domestic equity market remained flat with a negative bias during the week gone by. The US Fed kept interest rates unchanged on Wednesday, but expectation of gradual rate increases remained. The week was lightened up with strong sales numbers from auto firms, which maintained a double-digit growth rate with Tata Motors posting
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Buffett says Berkshire's first dibs on deals will outlast him

Authors: Jordan

By Katherine Chiglinsky and Noah Buhayar

If a major company needs capital or a private firm wants to sell, Warren Buffett’s checkbook is often the one they seek out.

Will that stay the case when it’s someone else’s signature

That was the question from several Berkshire Hathaway Inc. shareholders at the firm’s annual meeting S

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Saving early more important than IQ: Buffett tells youth

Authors: Super User

Warren Buffett, the Oracle of Omaha, says saving early is more important than IQ for a young person.

In an interview with Yahoo! Finance, Buffett said he himself started saving very early in life and it really paid off.

He once again called index funds the best form of equity investing. “If you consistently stick with them over d

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The world is glued to Omaha for Berkshire AGM: Whatin store

Authors: Jordan

Thousands of investors as well as shareholders from across the world are converging in Omaha for Berkshire Hathaway’s annual general meeting, which will be addressed by legendary investors Warren Buffett and Charlie Munger in a few hours from now.

The atmosphere was electric at the Century Link Convention Centre on Friday as

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Warren Buffett craves more Apple shares, endorses its buybacks

Authors: Jordan

OMAHA: Billionaire Warren Buffett has been buying a boatload of Apple Inc shares and on Saturday suggested he would buy even more shares at the right price.

At Berkshire Hathaway Inc's annual shareholder meeting, Buffett credited Apple with developing "extremely sticky" products to which consumers become attached and endorsed

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Berkshire AGM a great place to revise investing principles, say top investors

Authors: Super User

As a 42,000-strong crowd waited to hear out Warren Buffett (87), the god for investing, address the Berkshire AGM at Omaha together with his partner Charlie Munger (94), there were several big names from the investing world in the audience.

So what is special in this AGM that attracts investors, teachers and shareholders from

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Apple stock hits record high after BuffettBerkshire increases stake

Authors: Jordan

NEW YORK: Apple Inc’s stock hit an all-time high on Friday after Warren Buffett’s Berkshire Hathaway Inc disclosed it had bought 75 million more shares of the iPhone maker in the first three months of the year.

Buffett’s increased stake, confirmed by a representative of the billionaire investor, pushed Apple’s shares up as much as 3.

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Why Apple and not Microsoft Buffett reveals the trade secret

Authors: Jordan

Billionaire investor Warren Buffett, the world’s third richest man, recently showed confidence on Apple and bought an additional 75 million shares during the first three months of this year.

At the Berkshire Hathaway annual shareholders’ meeting on Saturday, Buffett was quizzed on his Apple bets and why he didn’t look at other tec

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Berkshire operating profit soars, accounting change causes net loss

Authors: Super User

OMAHA: Berkshire Hathaway Inc on Saturday ended its more than year-long stretch of falling operating profit, while a new accounting rule caused the conglomerate chaired by Warren Buffett to suffer an overall net loss.

The results were released on the same day Berkshire is holding its annual meeting in Omaha, Nebraska, where

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Indiabulls Ventures raises ₹2,000 crore via preference share sale

Authors: Jordan

MUMBAI: Local financial services provider Indiabulls Ventures has raised ₹2,000 crore (or $300 million) through a preferential share sale to help expand its credit business.

Several bulge-bracket investors, including the Soros Fund, DF International Partners and Steadview Capital, are said to have bought those preference shares that

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US and China will avoid 'something extremely foolish' on trade: Warren Buffett

Authors: Super User

OMAHA, Nebraska: Billionaire Warren Buffett on Saturday said it is not likely that the United States and China will come to loggerheads on trade, saying the two countries would avoid doing "something extremely foolish."

"The United States and China are going to be the two super-powers of the world, economically and in other

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Buffett arrives for AGM, many D-St pundits among 42,000 crowd at Omaha

Authors: Super User

NEW DELHI: It's not only investors, even market gurus swear by Warren Buffett's words of wisdom. Warren Buffett arrived at the venue amid cheers and excitement as the huge gathering readied to listen to him.

As Omaha readies for Warren Buffett's address to Berkshire Hathaway shareholders at the annual general meeting, market

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Authors: Jordan

MUMBAI: Midcap IT stocks declined on Friday mirroring the 10% intra-day plunge at Hexaware Technologies, which faced a raft of downgrades from analysts who believe the scrip doesn’t warrant multiples superior to its peer group.

Shares of Tata Elxsi, NIIT Technologies, Sonata Software and Datamatics Global declined up to 8% on

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Warren Buffett says his star stock pickers slightly beat the S P 500

Authors: Super User

By Noah Buhayar and Sonali Basak

Warren Buffett’s top stock-picking deputies have both “slightly” outperformed the S-P 500 Index since they started managing Berkshire Hathaway Inc. funds.

Todd Combs and Ted Weschler, who together oversee about $25 billion, have almost identical performance since they joined, Buffett said

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Avenue Supermarts reports 73% rise in Q4 net profit

Authors: Super User

NEW DELHI: Avenue Supermarts (D-Mart) on Saturday reported 72.9 per cent year-on-year (YoY) rise in net profit at Rs 167 crore for the March quarter.

The food - grocery retailer reported Rs 97 crore profit in the year-ago quarter.

Total revenue for the quarter came in at Rs 3,810 crore, up 22.5 per cent YoY. The company had

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Manu Jain ready to reap windfall from Xiaomi IPO

Authors: Jordan

KOLKATA: Xiaomi Corp’s India managing director and global vice-president Manu Kumar Jain is set to benefit substantially when the $18-billion Chinese smartphone maker lists shares in Hong Kong over the next few months in one of the biggest initial public offerings (IPOs) globally in four years.

Jain, 37, is the only foreigner among

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Berkshire shares up 302% in 15 years; this is what Buffett plans to do now

Authors: Super User

Warren Buffett, legendary investor and Chairman and CEO of Berkshire Hathaway, says his company will continue to figure out effective ways of returning capital to shareholders.

Class A shares of Berkshire Hathaway have multiplied investors’ wealth by four times (up 302 per cent) in last 15 years. The scrip rallied to $2,92,600 a

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Buzzing stocks: PCJzigzag show, midair turmoil for aviation stocks

Authors: Jordan

NEW DELHI: Domestic equity benchmarks consolidated with a negative bias all through this past truncated week amid a host of earnings, US Fed rate review, uncertainty over the outcome of US-China trade talks and a spike in crude prices.

Foreign outflows continued but domestic inflows remained strong and helped the indices cap losses.

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Sebi proposes changes to public issue norms; moots shorter time period for IPO price announcement

Authors: Jordan

NEW DELHI: Sebi today proposed a slew of changes to public issue norms, including shorter time period for price band announcement and lesser disclosures about group companies at the time of IPOs.

Besides, the watchdog has mooted reducing the minimum application size for anchor investors to Rs 2 crore from current level of Rs 10

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Gems of wisdom from Buffet: We do dumb things, itimportant to come out stronger

Authors: Super User

Legendary investor Warren Buffett says he enjoys teaching. And as is his wont, he brings in his wisdom from years of experience in investing even to respond to common questions around current issues and Berkshire's own affairs and investment decisions.

As he held court with Berkshire shareholders at Omaha on Saturday, Buffett lib

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5 things to look out for in Buffett speech besides gems of wisdom

Authors: Jordan

Legendary investors Warren Buffett and Charlie Munger will begin their address to Berkshire Hathaway shareholders at 7.30 pm Indian Standard time on Saturday.

Buffett always has a quote to address every dilemma in financial markets, and his followers swear by them. Investors the world over will watch the event closely, as Buffett

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Yatra files shelf registration with SEC to raise $100 million over 3 years

Authors: Jordan

NEW DELHI: Yatra Online, India’s second-largest online travel operator, has filed a shelf registration statement with the US Securities and Exchange Commission (SEC), stating its intention to raise $100 million over a three year period.

In the statement, the company said, “From time to time, we may offer up to $100,000,000 of any c

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NSE still in talks with SGX on Nifty contracts, but CEO won&t say much

Authors: Super User

NSE Chief Executive Officer Vikram Limaye on Saturday said the bourse was still in talks with the Singapore Exchange on the Nifty derivative contracts that the overseas bourse is planning to launch next month.

In an interview with ETNow, Limaye said it is too premature to talk anything about it.

NSE is ending the licensing of

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Why markets are watching global central banks closely these days

Authors: Jordan

By DK AggarwalMarkets are closely watching the central banks for clues as to how aggressive they will be in the year ahead. Central banks across the globe are preparing the markets for a gradual withdrawal from accommodative monetary policies, which they had introduced in the system to revive their economies. The Great Recession was
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Sebi proposes stricter ownership, governance norms for rating agencies, RTAs

Authors: Jordan

Regulator Sebi today proposed stricter ownership and governance norms for credit rating agencies, debenture trustees and registrar and share transfer agents as applicable to other market infrastructure institutions.

At present, stock exchanges, depositories and clearing corporations are considered market infrastructure

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At times there'll be tensions between China US but it is a win-win situation when the world trades: Warren Buffett

Authors: Super User

NEW YORK: Billionaire investor Warren Buffett and Berkshire Hathaway Inc Vice Chairman Charlie Munger are answering five hours of questions from shareholders, journalists and analysts at Berkshire's annual meeting in Omaha, Nebraska.

The weekend known as "Woodstock for Capitalists" is unique in corporate America, a celebration

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Authors: Jordan

After five weeks of significant pullback, the domestic equity market took a breather during the week gone by on the expected lines. The benchmark Nifty50 halted its upward move, moved in a range before ending the week with a net loss of 74.05 points, or 0.69 per cent.

We had mentioned the 10,790 level in our weekly note as a

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Wall Street little changed after US jobs report

Authors: Jordan

US stock indexes were little changed on Friday in choppy trading after data showed weaker-than-expected U.S. jobs and wages growth in April, while unemployment rate dropped to a 17-1/2-year low.

Apple rose 2.4 percent, helping the indexes shed earlier losses, after Warren Buffett's Berkshire Hathaway raised its stake in the iPhone ma

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