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Budget 2024: What William O'Neil expects from 9 key sectors

Currently, various measures have been taken by the GOI, like the introduction of FAME subsidy, state policies, the setting up of EV charging ecosystems, and the rolling out of PLI schemes. For the Union Budget 2024, the industry expects long-term measures that promote EV adoption, such as reduced GST rates, extensions of FAME-II subsidies, and increased infrastructure spending for changing infrastructure. ....

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Should You Buy Stocks at All-Time Highs?

What do the data tell us about buying at all-time highs? … why stop-losses might be counterproductive … a big win for Louis Navellier’s subscribers ....

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reliance industries: Retail, O2C scored, longer term, it is green for Reliance: Mayuresh Joshi

Reliance Industries oil and gas exploration segment has shown a significant jump in performance, with a 22% increase on a sequential basis and a 50% increase on a YoY basis. The current EBITDA number for the segment stands at close to Rs 5,800 crore. Mayuresh Joshi, Head-Equity Research-India at William O Neil, expects the numbers to remain stable and increase at a reasonable pace. ....

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stocks to buy now: Mayuresh Joshi on pockets to buy now & what to expect from Polycab

Mayuresh Joshi says: “What happens in terms of tax implications for Polycab is something that the Street would like to watch out for. That will remain as the biggest overhang for the stock from a near to medium-term perspective. The numbers are quite reasonable, quite okay. There are structural tailwinds for the sector. But the tax will keep the stock range-bound.” ....

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