China wants to reduce its steel exports because it wants to reduce the carbon footprint for the steel industry in China. So, I see a far better balance in global trade over this decade than we have seen in the last decade and if China is not an aggressive exporter, said Narendran.

In fact, such a plan, especially when it is in a sector where the company doesn’t have core competency may even become a distraction and may also paralyze it from making any other investment that could reap higher rewards. Another spillover of such plans is that they tend to intensify the competition and cause FOMO among the existing players, which eventually leads to more capex than required.

By doing this, from the most immediate short term, Nifty has dragged its resistance levels further down to 15,700. As and when a technical pullback occurs, it will find strong resistance at 15,700 levels. Apart from this, the index has also ended up creating a 300-point gap between 15,900-16,200 levels.

He has an investment philosophy similar to Warren Buffett and Charlie Munger and is a keen follower of the teachings of Benjamin Graham and Philip Fisher.He is also an author who has written a bestseller, "Invest in the Best" which presents his investment philosophy and the search process he uses to find stocks to invest in. He advocates investing in high quality companies.

Today, we receive >US$82 billion as FDIs in a year as compared to

While headline index Nifty50 lost 3.03 per cent in May, the selloff was sharper in the broader market. Nifty Midcap 100 lost 5.33 per cent and Nifty Smallcap 100 slipped 10.2 per cent during the period. Since then, the indices have hit 52-week lows.

“The asset allocation recommended would vary across risk profiles if someone wants to deploy Rs 10 lakh now. I would encourage long-term investors with a high-risk appetite to bet on equities as we see the pain subsiding in the medium to long term,” says Sonam Srivastava.

Singhel has a rich experience in the insurance industry of more than 30 years. He has been with Bajaj Allianz General Insurance for over 20 years and is the Company’s MD & CEO for 10 years.

It all started late Sunday, when a sort of crypto shadow bank called Celsius Network suspended withdrawals from depositors who had been enticed by sky-high interest rates that, in retrospect, were likely too good to be true. By the end of the week, on the other side of the world in Hong Kong, the digital-asset lender Babel Finance also froze withdrawals.

“From a near term perspective 15,000 psychological level will be the first test of support while 15,900-16,000 zone on the upside coupled with the bearish gap will act as resistance,” says Viraj Vyas.