Wed, Jan 31, 2024 1:18 PM
Jefferies maintains a ‘Buy’ rating on L&T and foresees 14% upside
A Flip by Shubhangi Gupta
With increasing India's dependence on Chinese industrial goods like telecom, machinery and electronics, Beijing's share in New Delhi's imports of such goods rose to 30 per cent from 21 per cent in the last 15 years, a report said. According to the report by the economic think tank Global Trade Research Initiative (GTRI), the growing trade deficit with China is a cause of concern.
Open Flip
It can be very profitable to track what billionaire investors are buying. After all, these investors typically became billionaires by amassing a long track record of savvy investing.Which stocks are billionaire investors buying right now? Two in particular stand out.Ray Dalio is getting defensive with this dividend stockRay Dalio's investment firm, Bridgewater Associates, manages more than $100bn.
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2024 has been a year of transition for the electric vehicle (EV) industry. Sales are still growing, but the rate of expanding sales has slowed noticeably. That's led many EV makers to throttle plans to increase production as well as the number of new models being offered. Stocks in the industry have taken a beating as a result. Rivian Automotive has thus far been relatively successful.
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