Wed, Jul 26, 2023 11:58 AM
Amber Enterprises trades 3% lower on muted Q1 earnings
A Flip by Bhavya Sabharwal
The 2024 general election outcome would not have any major long-term effect on the equity markets, according to equity advisory firm FidelFolio. In its report titled 'Deciphering Market Trends: Navigating Pre-Election Dynamics and Global Turbulence,' FideFolio stated that the Nifty 50 is expected to be between 30,000 and 35,000 points in 3 years.
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For nearly six full decades, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has been putting on a show for Wall Street. Whereas the benchmark S&P 500 has gained a healthy 33,000%, including dividends, since the affably named "Oracle of Omaha" became Berkshire's CEO, Buffett has overseen just shy of a 5,000,000% aggregate return in his company's Class A shares (BRK.A).
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Bata India, Metro Brands share prices among footwear stocks are expected to see 35 % upside as per Goldman Sachs Equity Research. The target price of Metro Brands at ₹1450 for the stock trading at close to ₹1075 levels means an upside of up to 34% . Meanwhile target price of BATA India Ltd at ₹1470 indicates more than 8% upside for the stock trading at around ₹1353 levels.
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