Radhakishan Damani, often referred to as the “Retail King of India” and admired for his Buffett-like investing style, is known for his quiet conviction and long-term bets. While most investors panic at steep declines, Damani remains unfazed—even when one of his long-held stocks, Aptech Ltd, has plunged nearly 70% from its all-time high. So, what does he see that others don’t? The Stock in Question: Aptech Ltd Aptech Ltd, a pioneer in non-formal education and
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Indian equity markets closed flat on Thursday, August 14, 2025, after a highly volatile trading session, as investors adopted a cautious stance ahead of the much-anticipated U.S.-Russia summit. The benchmark indices—BSE Sensex and NSE Nifty—registered marginal gains, snapping a multi-week losing streak but reflecting underlying uncertainty in global risk sentiment. Market Snapshot BSE Sensex: Closed up by 57.75 points (0.07%) at 80,597.66 NSE Nifty: Gained 11.95 points (0.05%) to settle at 24,631.30 Intraday Highs: Sensex
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In a significant boost to India’s global financial standing, S&P Global Ratings has upgraded the country’s long-term sovereign credit rating from ‘BBB-’ to ‘BBB’, citing economic resilience, sustained fiscal consolidation, and policy stability. This marks India’s first rating upgrade by S&P in 18 years, placing it one notch higher within the investment-grade category and potentially lowering borrowing costs while improving investor sentiment. Key Highlights of the Upgrade Long-term rating: Upgraded to BBB from BBB- Short-term
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JSW Cement, the building materials arm of the JSW Group, made its stock market debut on August 14, 2025, with shares listing at ₹153.50 on the NSE—a 4.42% premium over the IPO price of ₹147. On the BSE, the stock opened at ₹153, marking a 4.08% gain. While the listing was in line with grey market expectations, the post-listing performance was subdued, with the stock slipping slightly below its opening price during intraday trade. IPO
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13August
Sensex Climbs 304 Points, Nifty Closes Above 24,600 as Steady U.S. Inflation Fuels Global Rally
Indian equity markets rebounded sharply on August 13, 2025, with the BSE Sensex rising 304 points and the NSE Nifty closing above the 24,600 mark, driven by positive global cues and easing domestic inflation. The rally was broad-based, led by gains in auto, metal, and pharma stocks, as investors responded to steady U.S. inflation data and expectations of a rate cut by the Federal Reserve. Market Snapshot IndexClosing LevelChange% ChangeSensex80,539.91+304.32 pts+0.38%Nifty 5024,619.35+131.95 pts+0.54%Nifty Midcap—+0.63%Nifty Smallcap—+0.66%
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