Monday, December 02, 2024

Flash Focus: Fast Facts for Smart Investors

#I have taken some shares of MTNL  (Rs.47.70), near the CMP for some of my portfolio clients, following reports from Moneycontrol that the Union Cabinet has approved waiving bank guarantees for telecom operators on spectrum purchased before 2022. I'm targeting Rs.72 and Rs.77 by March 2024. Photo: NDTV Ltd.

#In a significant development, the Indian-American Kashyap "Kash" Patel has been nominated as FBI Director by U.S. President-elect Donald Trump. This development is being viewed as positive for the shareholders of Adani Group stocks, currently under FBI scrutiny.

Incidentally, the billionaire and X owner Elon Musk, recently appointed as Trump's government efficiency chief, publicly congratulated Patel on his FBI nomination, signaling further alignment in the incoming U.S. administration.

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