Quote of the day by Daniel Kahneman: “In any diversified portfolio, there will be both winners and losers, and the consideration that should determine which you should sell, if any, is certainly not the price at which you bought it originally”

Daniel Kahneman’s insight highlights how anchoring to purchase price distorts investment decisions. Investors often hold losing stocks and sell winners too early. The piece emphasises focusing on future returns, fundamentals and portfolio role rather than past prices, reinforcing that diversification naturally includes both winners and losers.

Global chip stocks surge as blowout Micron results reignite AI rally

Global chip stocks experienced a significant rally on Thursday, fueled by Micron Technology’s stellar financial results and optimistic outlook. The company’s strong performance and forecast for robust demand, particularly in AI-driven sectors, have boosted investor confidence. This surge has positively impacted major players across the US, Europe, and Asia, signaling a sustained boom in the…

Mega IPO wave set to sweep Dalal Street as July listings gather pace

India’s IPO market is poised for a strong comeback in July, with over a dozen companies planning to raise approximately ₹45,000 crore. Major offerings from SBI Funds Management, Manipal Health Enterprises, and Zepto are leading the charge. Favorable market conditions, robust domestic investor participation, and easing global uncertainties are fueling this resurgence, signaling a positive…

Turtlemint IPO ends with 1.2x subscription, QIBs lead demand

Turtlemint Fintech Solutions’ ₹883-crore IPO saw robust demand, closing Tuesday with a 1.20 times subscription. Qualified Institutional Buyers led the charge, subscribing 1.59 times, while retail investors showed keen interest at 1.07 times. Despite a slower uptake from Non-Institutional Investors, the overall response indicates a positive market reception for the fintech firm’s public offering.