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Vedanta's Anil Agarwal is better than Buffett

Vedanta's Anil Agarwal is better than Buffett

Economic Times15 hours ago

How Vedanta's Anil Agarwal bettered Warren Buffett in returns Vedanta recently divested 66.7 million shares of Hindustan Zinc for INR3,000 crore at INR449 per share, locking in significant gains. Over the past 22 years, the investment has delivered a 24% annual return — far outperforming the Nifty 50's 15% CAGR. Why Infy's Parekh takes home more than TCS' CEO despite being smaller In FY25, K Krithivasan received INR26.5 crore, a modest bump of
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Stocks to buy below  ₹100: Mehul Kothari of Anand Rathi recommends three shares to buy or sell on Monday
Stocks to buy below  ₹100: Mehul Kothari of Anand Rathi recommends three shares to buy or sell on Monday

Mint

time3 hours ago

  • Mint

Stocks to buy below ₹100: Mehul Kothari of Anand Rathi recommends three shares to buy or sell on Monday

The Indian stock market staged a solid recovery on Friday after trading sideways for most of this week, with the benchmark index Nifty 50 consolidating in a tight range. The market sentiment during the week remained cautious due to the ongoing Israel-Iran war, however, a sharp short-covering rally on Friday lifted Nifty 50 to reclaim the 25,100 level. On Friday, the Sensex surged 1,046.30 points, or 1.29%, to close at 82,408.17, while the Nifty 50 jumped 319.15 points, or 1.29%, to end at 25,112.40. The Bank Nifty index closed 675.40 points, or 1.22%, higher at 56,252.85. For the week, Sensex and Nifty 50 gained 1.59% each, while the Bank Nifty index rose 1.31%. Mehul Kothari, Deputy Vice President — Technical Research at Anand Rathi, noted that this week, Nifty 50 made a low near 24,700 and has bounced back to the 25,100 mark, inching close to the crucial breakout zone of 25,200. 'However, the resistance cluster highlighted last week remains intact. The index now faces a make-or-break scenario — a breakout above 25,300 could trigger an extended rally towards 25,500 – 25,600, while any signs of weakness near current levels would warrant caution. As of now, there are no confirmed sell signals, so we wait and watch,' said Kothari. On the downside, he believes 24,700 remains immediate support, with major support placed at 24,450. He recommends traders to remain cautious near resistance, avoid aggressive longs, and look to act only on confirmation. Bank Nifty index largely traded flat, lacking clear direction for most sessions. However, a mild recovery in the final session helped the index inch higher, though it still remains capped below the crucial 57,000 mark. 'A decisive breakout above 57,000 is essential for any meaningful bullish momentum to emerge. Until then, the Bank Nifty index is expected to stay within a broad consolidation range, with volatility likely to persist in the absence of strong triggers,' Kothari said. Regarding stocks to buy under ₹ 100, Mehul Kothari of Anand Rathi recommended buying these three buy or sell stocks: Yes Bank, Suzlon Energy and Aditya Birla Fashion and Retail shares. 1] Yes Bank: Buy at ₹ 19.73; Target Price: ₹ 20.75; Stop Loss: ₹ 19.20 2] Suzlon Energy: Buy at ₹ 63; Target Price: ₹ 66.50; Stop Loss: ₹ 61 3] Aditya Birla Fashion and Retail: Buy at ₹ 73; Target Price: ₹ 78; Stop Loss: ₹ 70 Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

Pisces Daily Health Horoscope Today, June 21, 2025: Connection may come in unexpected form
Pisces Daily Health Horoscope Today, June 21, 2025: Connection may come in unexpected form

Time of India

time3 hours ago

  • Time of India

Pisces Daily Health Horoscope Today, June 21, 2025: Connection may come in unexpected form

Pisces, daily horoscopes await your discovery according to how mighty planets act on your health and vitality. Get helpful insights to coordinate your day with clarity and confidence. Maintain your balance and bask in the good cosmic vibes. Today, you might experience a connection in an unexpected way. Be open to new people or ideas that come from surprising places. These connections can bring growth and joy if you welcome them with an open heart. Trust your intuition to guide you toward meaningful relationships or opportunities. Sometimes, the universe sends gifts disguised in unusual forms, so stay curious and receptive. Pisces Health Horoscope Today Your health needs gentle care today. Avoid stressful situations and focus on restful activities. Eating nutritious, light food and staying hydrated will support your energy. Gentle movement like yoga or walking can relax your muscles and mind. Listen carefully to your body's needs and give yourself time to heal or recharge if required. Pisces Wellness Horoscope Today Wellness depends on emotional balance and self-compassion today. Try meditation or creative activities to express your feelings. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo Avoid isolation and reach out to trusted friends or family for support. Nature walks or quiet moments by water can soothe your soul. Taking care of your emotional health will improve your overall wellness and peace. Pisces Love Horoscope Today Love may surprise you in unexpected ways. You could connect with someone new through an unusual situation or meet a familiar person in a new light. Stay open to deep conversations and honest feelings. If in a relationship, small surprises or acts of kindness will strengthen your bond. Trust that love often comes when least expected. Pisces Career Horoscope Today At work, opportunities might arise from unexpected sources. Stay flexible and ready to explore new paths or ideas. Collaboration with others could bring fresh insights. Trust your instincts to guide you through changes. Being open to surprises will help you navigate your career successfully today. Pisces Money Horoscope Today Financially, new chances to improve your money situation may come in surprising ways. Stay alert and consider options you might not have thought of before. Avoid rigid thinking and be ready to adapt. Your openness to new ideas will attract positive financial growth and unexpected support. Pisces Affirmation Today: I welcome unexpected connections that enrich my life today. Discover everything about astrology at the Times of India , including daily horoscopes for Aries , Taurus , Gemini , Cancer , Leo , Virgo , Libra , Scorpio , Sagittarius , Capricorn , Aquarius , and Pisces .

Summons sent to lawyer for his role as co's ind dir: ED
Summons sent to lawyer for his role as co's ind dir: ED

Time of India

time5 hours ago

  • Time of India

Summons sent to lawyer for his role as co's ind dir: ED

Representative Image NEW DELHI: Faced with criticism, Enforcement Directorate Friday said it issued summons to senior advocate Pratap Venugopal as part of its ongoing investigation against Care Health Insurance Ltd (CHIL) in which Venugopal was an independent director. ED's Mumbai zonal office is conducting a money laundering investigation in which it has been alleged that shares of CHIL were issued at a much lower price in the form of ESOPs on May 1, 2022, in spite of the rejection of the same by Insurance Regulatory and Development Authority of India (IRDAI). "As part of the investigation, summons was issued to Pratap Venugopal, an independent director of CHIL, to understand the circumstances under which the company has issued ESOPs despite its rejection by IRDAI and subsequent discussions in the board of CHIL in this regard," the agency said about the summons which it withdrew after protests by lawyers' bodies. In a statement, the agency emphasised that IRDAI on July 23, 2024, had directed CHIL to revoke or cancel any ESOPs that were yet to be allotted and had also imposed a penalty of Rs 1 crore on CHIL for non-compliance with regulatory directions. "In view of the fact that Pratap Venugopal is a senior advocate in Supreme Court, the summons issued to him has been withdrawn and the same has been communicated to him," the agency said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo In the said communication, it was also stated that if any documents were required from him in his capacity as an independent director of CHIL, the same would be requested to be submitted by email, the agency added. Further, ED has asked its units not to issue summons to lawyers, saying summoning them would be violative of Section 132 of Bhartiya Sakshya Adhiniyam, 2023. "If any summons needs to be issued under the exceptions carved out in proviso to Section 132 of Bhartiya Sakshya Adhiniyam, 2023, the same shall be issued only with the prior approval of the director, ED," the agency said.

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