Wed, May 1, 2024 9:12 AM
NCLAT starts hearing YEIDA petition against Suraksha’s bid
A Flip by Shubhangi Gupta
All thanks to social media, we live in a world where everyone is led to believe that learning about the stock market is both free and can be done quickly through a reel or a tweet. Consequently, spending two hours learning the basics of the stock market might appear outdated.But just go back to the start of this month, when every segment of the stock market was falling.
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Shares of Hindustan Zinc were locked in the 20% upper circuit limit in today's intraday session, reaching an all-time high of ₹743.60 apiece. This impressive rally has pushed the stock's gains to 133% for the year so far. This rally marks the stock's biggest annual gain since 2009, when it delivered a remarkable 257% return. If the stock maintains its current momentum for the rest of 2024.
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Warren Buffett has a knack for backing companies that stand the test of time. Take American Express, for instance. His firm, Berkshire Hathaway, first invested $300 million in the company in August of 1991. The Coca-Cola Company (NYSE: KO) is another of Buffett's longtime bets and one of his best. In 1988, Berkshire invested $1 billion into Coke. Today his stake is worth $25.3 billion.
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