Thursday, September 17
Robert Kiyosaki, author of the bestselling book Rich Dad Poor Dad, in his recent post on X (formerly Twitter), explained how investment veterans Warren Buffett and Jim Rogers have sold most of their stocks and bonds and are now holding cash or silver.Referring to their actions, Kiyosaki urged followers to find out why, and added that he is staying invested in gold, silver, and Bitcoin.“If you do not know why Buffet and Rogers have sold their stocks and bonds you may want to find out. I sit tight with gold, silver, & Bitcoin,” he said in his tweet. <blockquote class="twitter-tweet"><p lang="en" dir="ltr">DO YOU have a 401k or IRA filled with stocks?<br/><br/>DO YOU know investment legends Warren Buffet and Jim Rogers have sold most if not all of their st
Samsung Electronics said on Monday it has signed a contract valued at $16.5 billion to supply semiconductors to a major global corporation. The world's biggest memory chipmaker said in the regulatory filing the deal signed on Saturday was for contract chip manufacturing and said details of the agreement including the counterpart and terms would not be disclosed until the end of 2033. Samsung Electronics declined to comment on the contract. Shares in the tech giant opened up 3.5% on Monday. Samsung Electronics is a major player in contract chip manufacturing, also known as foundry services. While Samsung is the second-largest player in the industry, behind TSMC in market share.
ET Intelligence Group: Companies with a consistent dividend paying record are often preferred by conservative investors given the reasonable certainty of annual cash flow. Apart from consistency, the extent of payout to shareholders also plays a critical role. This is determined by the payout ratio, which is dividends as a percentage of annual net profits. Companies with a high payout ratio distribute a larger share of profits among shareholders. According to an ETIG analysis, there were seven companies among the BSE 500 index components, which paid more dividends in FY25 compared with their net profits for the fiscal year. It implies dividend payout ratios in excess of 100%, aided by either special dividends or higher dividends than the previous year.122942545Each of these companies had a
The Nifty closed below the 25,000 level on Friday after declining almost 1%, and this weakness is likely to continue in the short term, said analysts. While levels around 24,500 are expected to act as key support for the benchmark, resistance is likely around the 25,200–25,500 zone. VIX levels could also see an uptick, especially closer to the monthly expiry. However, pharma stocks could continue their upward trajectory.ARPAN SHAH HEAD, TECHNICAL RESEARCH, MONARCH NETWORTH CAPITALWhere is the Nifty headed this week? The benchmark index traded with a negative bias and closed below the psychological 25,000 level with a bearish formation. Bank Nifty outperformed the benchmark index and closed with an indecisive candlestick formation on the weekly chart. FIIs have continued to add shorts on
Mumbai: The Nifty 50 and Nifty 500 are 5-6% off their record levels in September 2024, but a large part of the market is yet to catch up despite the recent rebound in these indices. While most remain below their 2024 highs, at least 60% of the stocks on the NSE 500 index are still over 20% below those levels last year, according to an ETIG study. Analysts said these stocks may not cross their highs of 2024 in a hurry as concerns over elevated valuations remain, while the likelihood of an outsized earnings growth remains thin.The record-breaking rally in 2024 had pushed many stocks to lifetime highs at various points leading up to September-when the four-year bull run reversed. In the Nifty 500 index, 24.2% or 118 stocks are trading 20-30% away from their peaks hit in 2024, while 83 stocks
