Thu, Feb 18, 2021 5:49 AM
60% of Nifty cos see a rise in buy ratings post-covid
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India VIX or the Volatility Index that gauges investor sentiment and fear in the market shot above the psychologically important point of 17 on Tuesday, May 07. In fact, India VIX has surged over 70% from its low of 10, which it touched on April 23. What's driving this uplove? This time, the volatility gauge is spiking ahead of the general elections and investor concerns about the final results.
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Super Micro Computer and ASML represent two different ways to invest in the growing AI market. Super Micro Computer, more commonly known as Supermicro, is one of the world's fastest growing producers of dedicated AI servers. ASML is the world's largest manufacturer of high-end lithography systems, which are used to produce high-end chips for Nvidia, AMD, and other leading chipmakers.
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Britain's FTSE 100 opened at a record high, boosted by gains in Shell after Reuters reported its plans to sell the Malaysian gas station business and BP gained on maintaining share buyback plans but missed earnings forecast. The blue-chip FTSE 100 index was up 1.2% at 8,309.04 by 0712 GMT, while the FTSE 250 midcap index rose 0.8%. Shell jumped 1.6% after Reuters reported the energy giant.
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