Thu, Mar 28, 2024 4:10 PM
Vijay Kedia backed TAC Infosec IPO continues to see strong demand
A Flip by Avya Verma
In some ways, investing is like baking. With baking, you mix ingredients and pour them into a pan, put the pan in the oven, and wait. If you do those things the right way, you should have something tasty. Similarly, if you invest in the right mixture of stocks and wait long enough to allow them to grow, you can end up with a sizable portfolio.In both baking and investing.
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Foreign Portfolio Investors (FIIs) could end-up as net sellers of Indian equities in April breaking their two months of buying activity. In April so far, thay have sold local stocks worth Rs 6,304 crore. In March and February, FPIs were net buyers at Rs 35,098 crore and Rs 1,539 crore after selling shares worth Rs 25,744 crore in January. On the net basis, they are still buyers at Rs 4,589 crore.
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Telecom giant AT&T (NYSE: T) slightly missed expectations for revenue and earnings when it reported its first-quarter results on Wednesday, but those headline figures don't tell the whole story. AT&T continued to win new wireless subscribers while keeping churn at record-low levels, and its broadband business impressed.AT&T produced $3.1 billion in free cash flow during Q1.
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