It is ridiculous how many things can go wrong when running a business. Everything from rapid change to market sentiment to waking up one day and being unable to access money in the bank, like with SVB.
I think an underrated skill set for running a business is being pessimistic. Consider everything a risk and do everything you can to mitigate it. Every business will be exposed to a black swan event at some point; the idea is to survive those.
The lesson from SVB or Yes Bank in the Indian context is to have funds, especially working capital, distributed across a bunch of banks.
Diversify your portfolio with caution! The purpose of diversification is to reduce risk. Too much diversification defeats this purpose and you can end up taking on more risk than you realised.
#ITC’s stock has been rising at a time when shares of many consumer firms have been hammered! It is riding on strong quarterly numbers fueled by robust growth in cigarette volumes.
Do you think ITC is a good stock to hold?
#LIC's fall continues! LIC's market cap slips below #ICICI's as its #Q4 profits also fell by 18%. Although it's no longer at it's lowest anymore, it would be interesting to see if it can stage a full comeback.
Do you think LIC will fall further?
#LIC shares declined more than 2% in Tuesday’s opening deals on the BSE. Q4 results showed a 17% decline in net profit. This dip is being seen as a buying opportunity by some with the argument that LIC is a quality stock with strong fundamentals.
#Market#volatility continues! Amid uncertainty due to central bank policies globally, and #oil prices starting to rise again, #SENSEX falls. Investors brace for a choppy month at Dalal Street.
Does market volatility stop you from buying stocks?
#Stocks recover! #SENSEX shows gains as #Asian markets stage a comeback in the hopes of a slowdown in the tightening of the #US#Fed's policies. Would be interesting to see if these gains would sustain.
Do you think the markets will remain buoyant through the week?
#Central#government officials set to meet representatives of e-commerce platforms such as #Flipkart and #Amazon to discuss possible measures to check growing #fake#reviews. This misleads consumers into buying online services or products.
Do you think this is necessary?
#SpiceJet shares surge! #Spicejet#Limited and #Credit#Suisse#AG have signed and concluded the settlement and consent terms with regard to the pending dispute between the two parties.
#Inflation hits #fiscal#policy more! As inflation soars, it causes delays in the revision of the #GST rates. The revisions were expected to make our tax system more efficient.
Do you think the revision of GST rates should still be undertaken?
#Delhivery shares surge! Delhivery shares rise 10% on debut, which has been a tough time for new-age companies and Delhivery's backer #Softbank. Investors buy even in a #bearish market.
Do you think Delhivery is a good investment?
Cooking oil prices to stabilise! #India gets relief as #Indonesia lifts export ban on palm oil. As oil prices around the world are at highs, this will come as a major de-stresser to the Indian consumer.
#Rupee reaches new low! Amid highest #oil prices in weeks, the #rupee hits a record low against the #dollar as #inflation rises. This will affect #markets as investors will likely pull some money out.
Do you think the rupee will fall further?
#Adani becomes #India's second largest #cement maker! Adani Group get control of #Ambuja Cements and #ACC in $10bn+ deal with Holcim AG. This move will surely shake up India's booming infrastructure space.
Do you think Adani Group will benefit by investing in the cement industry?
#Adani Green crosses #SBI’s market cap! This is a significant development as it shows just how bullish investors are on Adani Green’s prospects. However, Adani Green has a P/E (Price to Earnings) of 1100+ while SBI has a P/E of under 15.
Are you bullish on Adani Green too?
#Tata Group stock Voltas Ltd tumbled nearly 10% to ₹1,045 apiece in Friday's early deals on the BSE after #Q4 results. It reported a 23% YoY decline in its consolidated net profit at ₹182.7 crore in the fourth quarter ended March 2022.
#Foreign investors sell off! As markets around the world remain #volatile and the #Fed policies remain uncertain, foreign investors sell off #Indian equities. They sold a net of $635 million this week and had sold a net of $881 million for the same time last week.