Indian equity markets are heading into Friday’s session with a relatively positive tone after global equities gained and domestic benchmarks finished higher in the previous session.
Gold prices slipped modestly on Friday but remained on course for their first monthly gain in five months. Spot gold was around US$4,076 an ounce and was still up around 1.7% for July.
Tata Steel delivered a better-than-expected performance for the June quarter, with consolidated net profit rising 11.6% year-on-year to Rs. 2,318 crore.
Oneindig Technologies has joined the busy SME IPO calendar, with its public issue opening on July 30 and remaining available for subscription until August 3.
BSE’s multibagger lesson: Investor Siddharth Balachandran invested Rs.80 cr. in BSE in 2018, saw it fall nearly 65% by 2020, yet continued accumulating and holding. Today, his stake is worth over Rs.3,500 cr., highlighting the power of conviction and long-term investing.
For those of you who are serious about having more, doing more, giving more and being more, success is achievable with some understanding of what to do.