Wed, Feb 14, 2024 5:34 PM
Allotted houses to stay out of liquidation: IBBI
A Flip by Shubhangi Gupta
The S&P 500 (SNPINDEX: ^GSPC) hit a record high earlier this year, certifying the bull market that began when the index bottomed out in October 2022. But it's currently in the midst of a modest sell-off, which started at the end of March, as investors navigate headwinds relating to inflation and interest rates.History suggests the S&P 500 always climbs to new highs given enough time.
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Big technology companies have always been known for generating price appreciation for investors, but the tide is slowly changing. Personal electronics giant Apple (NASDAQ: AAPL) has paid dividends since 2012. Meanwhile, Meta Platforms (NASDAQ: META) and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) recently joined the dividend ranks.Many dividend investors look for cash flow first and foremost.
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Lithium-Ion battery maker RCRS Innovations is expected to raise Rs 30-32 crore via IPO in mid-June with the price band at Rs 60-70 per share, two sources aware of the matter told Moneycontrol requesting anonymity.According to the DRHP, the public offer will be entirely a fresh issue of shares. The company intends to utilise net proceeds from the offering to meet its working capital requirement.
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