Shares of metals and mining major Vedanta rallied 4% on Thursday to hit its fresh 52-week high of Rs 413.80 on BSE after the company’s chairman Anil Agarwal said the conglomerate plans to invest $20 billion in four years. At the moment, we have a plan to invest USD 20 billion across sectors in four years time, Agarwal said and the investments will be focused on technology, electronics.
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Market Update at 2:20 PM: In the current trading session benchmark indices trade on a positive note with the Sensex trading moderately higher by 0.22%, while Nifty also surged by 0.29%. Similarly, in the broader indices Nifty Midcap has surged by 0.53%, while Nifty Smallcap has gained by 0.18%. Nifty Metal, Nifty Energy and Nifty Auto are among the top gainers.
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As an investor, the virtue of patience is probably the most important trait in times like these, when uncertainties and volatilities characterise the market. It is a way people earn additional money throughout a decade or over several decades, which would be more than just holding their money in a savings account. Despite the fact that investing in the markets carries more risk.
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