Indian professionals are shifting from H-1B visas to EB-1A, seeking exceptional ability green cards due to rising fees and stricter US immigration policies. This move offers greater stability and independence from employer sponsorship, especially amid tech layoffs. The surge in EB-1A applications highlights a preference for predictable immigration pathways.
Even with Nifty at 26,000 and Sensex at 85,000, value investing opportunities persist. Focus on fundamentally sound businesses overlooked by the market, not fleeting trends. Look for quality earnings, a margin of safety, and consistent profitability. Patience and discipline are key to identifying and profiting from these undervalued gems.
Union Minister Piyush Goyal met with Indian pharmaceutical stakeholders to boost industry growth and refine regulations. Discussions centered on innovation, data protection, and scaling manufacturing. Despite US tariff threats on patented drugs, India’s generic drug exports, a major market share, are expected to remain largely unaffected, showcasing the sector’s resilience and government support for future…
Indian households are shifting spending from basic necessities to asset-building purchases like personal goods and appliances, even among lower-income groups. Motor vehicles are the fastest-growing durable asset, showing strong urban-rural convergence. While TV ownership declines due to mobile phone prevalence, mobile adoption is nearly universal, indicating reduced asset poverty.
Stock market recommendations: Mirae Asset Sharekhan’s Somil Mehta suggests investors consider Bajaj Auto, L&T Finance, and Tech Mahindra for potential gains. These stocks have shown positive technical indicators, including consolidation breakouts and moving average support, signaling an expected uptrend.
Indian investors saw their portfolios shrink in the July-September quarter. A market downturn impacted most major investors, leading to substantial mark-to-market losses. Nemish Shah emerged as a notable gainer, increasing his portfolio value significantly. Other investors like Vijay Kedia and Madhusudan Kela reported modest gains. The late Rakesh Jhunjhunwala’s family holdings also saw a decline.
