Focus on bottom-up approach for superior portfolio returns

Focus on bottom-up approach for superior portfolio returns

Domestic equities have recovered c.12-13% from the March ’22 low, supported by receding global geopolitical issues, the cooling off of crude oil prices from highs and softening of FPI outflows corroborated by inflows from Domestic Institutions. The focus is likely to shift to the upcoming Q4 FY22 earnings season and how domestic demand trends shape […]

Virtus Investment Partners Tumbles After Morgan Stanley Double Downgraded

Virtus Investment Partners Tumbles After Morgan Stanley Double Downgraded

By Sam Boughedda Investing.com — Shares of Virtus Investment Partners Inc (NASDAQ:) tumbled 5% on Friday after Morgan Stanley downgraded the stock to underweight from overweight, slashing the price target to $240 from $393. Analyst Michael Cyprys said in a research note that he sees “deteriorating fund performance that could further weigh on the flows outlook.” […]

Zomato stock dips nearly 3% after CCI’s probe order

Zomato stock dips nearly 3% after CCI’s probe order

Zomato’s shares were trading at ₹83.70 on Tuesday morning. It currently sits on a market cap of ₹66,084 crore ($8.7 billion). Zomato’s shares have fallen over 33% since its listing in July 2021. The share price of Zomato dipped nearly 3% on Tuesday morning, a day after the Competition Commission of India (CCI) decided to […]