Tag: BSE

Closing Bell: Nifty 50 and Sensex recover just before market close

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Motilal Oswal Chief Raamdeo Agarwal says markets may fall 10% this year

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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This will be a year of corrections and the market must be prepared for at least 10% fall as the  markets were overvalued, Motilal Oswal Financial Services Joint Managing Director Raamdeo Agarwal said.

Agarwal, however, said that “nothing has changed in the market” and though there is a possibility for correction, individual stocks will continue to do well.

In an interview with CNBCTV18, he said that markets were overvalued.

On the issue of public sector banks and Punjab National Bank fraud, he said, “We must give longer tenures to the current PSU bank chairmen.”

On the economy front, he said that a lot of sectors, like commercial vehicle sales, are firing away and the credit off-take has picked up.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow