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2025-06-19 11:03:03| The Economic Times

China's big 618 shopping event wrapped up with record sales. The total sales hit a new high. But, daily spending was a bit lower. The sales period was longer this year. Tmall was the top seller. Retail is still facing challenges in China. People are worried about jobs and money. Some think discounts are not as exciting anymore.


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2025-06-19 10:55:00| The Economic Times

Edelweiss Mutual Fund adjusted its portfolio in May. The Radhika Gupta-led fund increased its stake in HDFC Bank, Reliance Industries and others. It reduced holdings in LIC Housing Finance, TCS and others. The fund added Aether Industries and others to its portfolio. It exited NOCIL and other stocks completely. Financial services comprised the largest shareholding.


Category: News and Media

 

2025-06-19 10:53:02| The Economic Times

Hiren Ved of Alchemy Capital suggests focusing on capital market plays due to their structural growth, outperforming large private banks recently. While valuations seem high, he advises assessing PEG ratio, considering earnings growth. He acknowledges EMS sector's potential, cautioning about stretched valuations and the need for a long-term investment horizon.


Category: News and Media

 

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