We are definitely trading at a record high from the index point of view, but the majority of the stocks are still trading at multi-year lows. I believe that bottom-up investing, with a portfolio of 15 to 20 high-quality stocks will help, Santosh Kumar Singh, Head of Research, MOAMC, said in an interview with Moneycontrol’s Kshitij Anand.edited excerpts:Q) A big bailout package unveiled by the Cabinet on the real estate sector is something which was the need of the hour. Do you think the amount is enough or the government might have to put in more money to move the needle? Any stocks which are likely to benefit the most from the package?Close A) The bailout package announced by the Centre is definitely the need of the hour as a lot of housing projects are stuck for just last-mile funding. The biggest positive is that this money can be even used for the stressed project which is either NPL or referred to NCLT. related news This smallcap debt-free company has … [Read more...] about Investors should look at bottom-up investing with max 15-20 stocks in portfolio
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The Vishva Hindu Parishad (VHP) has decided to seek contributions for the proposed Ram Mandir to be built in Ayodhya, Uttar Pradesh, according to a report by The Times of India.According to the report, the organisation is also exploring ways to enlist involvement of Ram devotees in the temple’s construction. A formal plan on this will be released soon.Devotees from all of India’s 718 districts will be invited to stay at the site in Ayodhya for a week and help in the temple’s construction.Close “Ram bhakts (devotees) from across the country will be approached for contribution to the construction of the temple. The Ayodhya movement was associated with the faith and sentiments of scores of Hindus and they will have to do their bit, including ‘kar seva’, whenever the project begins,” Vinod Bansal, VHP’s National Spokesperson, told the newspaper. Moneycontrol could not independently verify the report. related news 100X.VC to invest … [Read more...] about VHP to take crowd-funding route for construction of Ram temple in Ayodhya: Report
Three days after the Supreme Court delivered the historic judgment in the Ayodhya case – giving the disputed land to Ram Lalla Virajman to construct a temple, and an alternate 5-acre plot of land to the Sunni Waqf Board – the temple town remained calm.No incidents of communal clashes have been reported so far, courtesy extremely tight security arrangements in sensitive areas across Uttar Pradesh as well as various cities, including Delhi and Mumbai. Security has also been enhanced for the five judges, including Chief Justice of India Ranjan Gogoi, who delivered the verdict.Here is what is next in the pipeline post-Ayodhya verdict:Close Meeting with NSA related news 100X.VC to invest over Rs 200cr in startups Traffic resumes on Jammu-Srinagar highway, Mughal road remains closed for the 7th day National Security Advisor (NSA) Ajit Doval met with Hindu and Muslim religious leaders to ensure that communal passions remained under check, The Times of India reported. … [Read more...] about Ayodhya verdict: As historic SC ruling paves way for Ram temple, what’s next?