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One of Warren Buffetts largest public equity investments is now deep in the red. Occidental Petroleum, in which Berkshire Hathaway holds a 28.2% stake, has seen its shares slump 21% from their 2025 peak of $53.20, closing at $42.16 on Friday.
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This Mothers Day, go beyond traditional gifts and take a meaningful step toward ensuring your mothers financial freedom. Start by helping her build a secure and diversified financial portfolio tailored to her needs whether its through steady income schemes like the Senior Citizens Savings Scheme or wealth-building options such as mutual funds with a portion of gold to hedge her risks.
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Foreign investors continue to show confidence in the country's equity market, infusing Rs 14,167 crore so far this month, largely driven by favourable global cues and robust domestic fundamentals. Notably, this inflow has come despite the ongoing military tensions between India and Pakistan.
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The combined market valuation of eight of the top-10 most valued firms eroded by Rs 1,60,314.48 crore last week, with Reliance Industries taking the biggest hit, in line with a sluggish trend in equities. Last week, the BSE benchmark dropped 1,047.52 points, or 1.30 per cent.
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News and Media
Germany's new top diplomat Johann Wadephul called on Saturday for "serious discussions for a ceasefire" in Gaza, where the humanitarian situation "is now unbearable". On Tuesday, new German Chancellor Friedrich Merz voiced "considerable concern" about the Gaza conflict and demanded that Israel "respect its humanitarian obligations".
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News and Media
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