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<ul class="summary-list"><li>Hedge fund managers who do best in choppy markets are not convinced by the post-election euphoria.</li><li>These managers, like $16 billion firm Universa Investments, believe warning signs are flashing.</li></ul>The first Donald Trump administration included policy announcements via Twitter, a pandemic, and protectionist tariffs that agitated the country's largest trade partner.His second term could be even more "radical" for markets, according to Jonathan Webb, an executive at portfolio technology company C8 Technologies and the former head of FX strategy at Jefferies."The backdrop is already a more volatile FX market," Webb said, comparing markets to when Trump was inaugurated the first time in January 2017. Higher interest rates, struggling European economies, and global inflation have created a more volatile world regardless of who won the election."Throwing Trump in, even moreso," Webb said.For managers that trade volatility and hedge against market crashes, these types of conditions are normally when their strategies come into play. But market volatility is at its lowest levels since July, according to the VIX index, Wall Street's favorite measure of uneasiness. Assets from US stocks to bitcoin are hitting all-time highs despite the economic backdrop — the Federal Reserve cut rates in September, indicating a slowing economy — being far from ideal."When people think things can't go down, that's when you start to worry," said Brandon Yarckin, the chief operating officer of $16 billion tail-risk asset manager Universa Investments, in an interview with Business Insider. He pointed out that billionaire Warren Buffett's Berkshire Hathaway is sitting on more cash than ever before — a sign that the Oracle of Omaha thinks markets are overvalued."There's a lot of kindling for a crash out there," Yarckin said.The euphoria and fear of missing out on the rally means investors are not knocking down the door of those who thrive in chaotic conditions. Universa has demand for its strategy currently, Yarckin said, but it's coming from "a small subset of people."Simon Aninat, a volatility portfolio manager for Natixis affiliate Seeyond, said clients haven't asked to revive a long-volatility strategy that performed well during the early days of the pandemic, but was closed in mid-2023 due to a lack of demand. Firms such as Universa soared during COVID — the Mark Spitznagel-led strategy returned <a target="_blank" href="https://markets.businessinsider.com/news/stocks/black-swan-fund-universa-investments-4000-percent-return-hedging-coronavirus-2020-4-1029076165">more than 4,000%</a> in the first quarter of 2020, for example."We know there's going to be bumps in the road during a Trump administration, but it's hard to be sure that there'll be a big spike of the VIX above 40," Aninant said. Instead, clients are more interested in the firm's short-volatility fund, which does well when markets stay calm.It's "counterintuitive," Aninant said, given Trump's management style, but clients believe the President-elect's policies mean "the S&amp;P will continue to rise."Allocators should be looking for "not necessarily spicy but uncorrelated strategies," said Mattias Eriksson, a former BlueCrest partner who cofounded C8 Technologies in 2017."He was tweeting a lot back then, and he created a lot of intraday volatility within the market," Eriksson said, referring to Trump's first term.Now, Eriksson's colleague Webb said, there's the potential for even more out-of-the-box policies given the presence of people like Tesla founder Elon Musk in Trump's orbit, and the fact Trump does not have to worry about reelection."I wonder if this is being underestimated" by the markets, Webb said."It's certainly an experiment."

Markets are ripping past all-time highs after Donald Trump's electoral victory. Doomsday investors aren't convinced.

The benchmark indices <keyword id="19896381" type="General" weightage="100" keywordseo="Nifty" source="keywords">Nifty</keyword> and <keyword id="19896382" type="General" weightage="20" keywordseo="Sensex" source="keywords">Sensex</keyword> hits lifetime highs on Thursday during the mid-hours of <keyword id="20114014" type="General" weightage="20" keywordseo="trading" source="keywords">trading</keyword>. The Nifty touched a record high at 25,174.55 and Sensex rose to 82,220.68. The indices opened almost flat with a mixed response from both indices in the opening hour. The Nifty at the National <keyword id="19976022" type="General" weightage="20" keywordseo="stock" source="keywords">Stock</keyword> Exchange (NSE) opened 17 points down at 25,035.30 points. The BSE Sensex opened with a minor gain of 35 points at 81,822.56. "Finally, it (Nifty) has broken through to fresh all-time highs. This opens up possibilities for a strong upmove now. Sector-wise, domestic cyclical will lead the way while IT is coming back in favour of selective names," said Ajay Bagga, <keyword id="19913381" type="General" weightage="20" keywordseo="market" source="keywords">Market</keyword> and Banking expert. "The markets have weathered the geopolitical news flow, the disorderly Yen carry trade unwinding moves, and the minor panic on an incipient US slowdown leading to a hard landing. These issues have been digested and factored in and FII flows have improved over the last few days to add to the robust domestic inflows. The structural bull market is back and we expect further upside in the markets," said Bagga. "While Nifty is trading at 23x its actual value, many heavyweight stocks like HDFC and Reliance are still trading below their all-time highs. However, I think sectors like IT, <keyword id="19933821" type="General" weightage="20" keywordseo="pharma" source="keywords">Pharma</keyword>, FMCG, Consumption, and Metals have been instrumental, driven by factors such as the depreciation of the Indian Rupee, rising inflation in food items, and the growing scope in Pharma due to government projects," said VLA Ambala, Co-founder, Stock Market Today. "Despite this bullish trend, I would suggest <keyword id="19900618" type="General" weightage="20" keywordseo="investors" source="keywords">investors</keyword> to be cautious. Moreover, the NIFTY index is currently in an overbought zone, with RSI levels indicating a potential correction in the next 3-6 months. I would advise all investors to focus on dip-buying opportunities and avoid FOMO. Lastly, stick to stocks with strong fundamentals, as overvalued prices won't sustain in the long run," she said. Later this week, the markets will be reading the first quarter <keyword id="19904293" type="General" weightage="20" keywordseo="GDP" source="keywords">GDP</keyword> data which is scheduled on Friday. The Reserve Bank of India, in its latest monetary policy meeting, projected GDP growth for 2024-25 at 7.2 per cent, with growth for Q1 expected at 7.1 per cent. India's GDP grew by an impressive 8.2 per cent during the financial year 2023-24, continuing to be the fastest-growing major economy. The Nifty 50 index began on April 22, 1996, with a starting value of 1136.28 points and has crossed the 25,100 milestone today, marking a growth of nearly 22 times.

Sensex surges to record high, gains 400 points; Nifty reaches all-time peak

<ul class="summary-list"><li>US stocks jumped to record highs on Wednesday. </li><li>Indexes hit fresh all-time highs ahead of the key inflation report for September due Thursday. </li></ul>US stocks jumped on Wednesday as traders looked ahead to coming inflation data and took in the minutes of the Federal Reserve's last meeting. All three benchmark indexes surged to end the day higher. The Dow Jones Industrial Average jumped more than 400 points to a record close, while the S&amp;P 500 also notched a fresh all-time closing high. Investors pushed past concerns about Google parent Alphabet to take the Nasdaq Composite 0.6% higher. The Department of Justice on Wednesday said it's considering breaking up the tech titan to remedy its status as a monopoly in the search engine space. Bond yields rose, with the 10-year Treasury yield up three basis points to 4.071%.Here's where US indexes stood at the 4:00 p.m. closing bell on Wednesday:<ul><li><a target="_blank" href="https://markets.businessinsider.com/index/s&amp;p_500?utm_source=markets&amp;utm_medium=ingest%3Futm_source%3Dmarkets&amp;utm_medium=ingest&amp;utm_medium=ingest&amp;utm_source=markets">S&amp;P 500</a>: 5,792.04, up 0.71% </li><li><a target="_blank" href="https://markets.businessinsider.com/index/dow_jones?utm_source=markets&amp;utm_medium=ingest%3Futm_source%3Dmarkets&amp;utm_medium=ingest&amp;utm_medium=ingest&amp;utm_source=markets">Dow Jones Industrial Average</a>: 42,512.00, up 1.03% (+431 points)</li><li><a target="_blank" href="https://markets.businessinsider.com/index/nasdaq_composite?utm_source=markets&amp;utm_medium=ingest%3Futm_source%3Dmarkets&amp;utm_medium=ingest&amp;utm_medium=ingest&amp;utm_source=markets">Nasdaq composite</a>: 18,291.62, up 0.6% </li></ul>Investors have an eye on Thursday's consumer price index report, an inflation reading that will serve as a key input when the Fed meets to discuss its next rates move. <a target="_blank" class="" href="https://markets.businessinsider.com/news/stocks/stock-market-outlook-volatility-cpi-inflation-september-jobs-report-bofa-2024-10">The stakes of the next inflation reading have risen</a> after the big September jobs number, and Wall Street could be in for some volatility in the event of an upside surprise, Bank of America said this week. Economists are expecting consumer prices to have risen 0.1% for the month and 2.3% year-per-year in September, slightly cooler than the increases recorded in August."The Federal Reserve appears to remain comfortable with where inflation is and trending," Josh Hirt, a senior US economist at Vanguard, said in a note. "Although inflation remains elevated, we do not see a material effect on the Fed's trajectory of rate cuts."Markets also gained some confidence over the path of rate cuts after the Fed released the minutes of its September FOMC meeting. Central bankers predicted inflation would fall to 2% by 2026, while risks to economic strength were "tilted to the downside."Some officials, though, said they would have preferred a 25 basis-point cut at the Fed's last meeting, while "a few others indicated they could have supported such a decision," the minutes said."[W]e think that FOMC is still spending too much time looking in the rear-view mirror, taking too much comfort from the recent strength of the economy, and not paying enough attention to leading indicators pointing to weakness ahead, and the likely lagged impact of earlier tightening," Oliver Allen, a senior US economist at Pantheon Macroeconomics, said in a note. "We expect the Fed to be acting for far more urgency to avert a significant slowdown around the turn of this year, as the economic data continue to head in that direction."Markets are largely expecting the Fed to cut rates by 25 basis points at their next two meetings, bringing the Federal funds rate range to 4.25%- 4.5% by the end of the year. According to the CME FedWatch tool, the odds for another jumbo-sized rate cut in 2024 have fallen to zero. Here's what else is going on:<ul><li><a target="_blank" class="" href="https://markets.businessinsider.com/news/bonds/catastrophe-bonds-hurricane-milton-helene-florida-damages-insurance-loss-2024-10">Owners of catastrophe bonds are staring down big losses</a> as Hurricane Milton barrels toward Florida.</li><li>One of Wall Street's biggest bears is <a target="_blank" class="" href="https://markets.businessinsider.com/news/stocks/wall-street-biggest-bear-jpmorgan-stock-market-outlook-interest-rates-2024-10">turning upbeat on the stock market for the first time in 2 years</a>.</li><li><a target="_blank" class="" href="https://markets.businessinsider.com/news/stocks/tesla-stock-robotaxi-day-expectations-elon-musk-ai-fsd-tsla-2024-10?_gl=1*3hd80z*_ga*OTI1ODIwOTQ2LjE3MTYzOTg2NjU.*_ga_E21CV80ZCZ*MTcyODUwMDAwMy40MjguMS4xNzI4NTAyMjcyLjYwLjAuMA..">Tesla is approaching its "most hyped" event in a decade</a> as the carmarker readies to unveil its robotaxi.</li><li><a target="_blank" class="" href="https://markets.businessinsider.com/news/stocks/bond-king-bill-gross-bull-market-defensive-high-yielding-investments-2024-10">Billionaire "Bond King" Bill Gross recommends four defensive investments</a> for a bull market he sees losing steam.</li><li><a target="_blank" class="" href="https://www.businessinsider.com/russia-economy-moscow-bank-transactions-sanctions-trade-china-singapore-2024-10">Russia has lost another banking partner</a> as more lenders turn their back on Moscow over fear of sanctions.</li><li><a target="_blank" class="" href="https://markets.businessinsider.com/news/currencies/bitcoin-anonymous-peter-todd-hbo-documentary-satoshi-nakamoto-crypto-2024-10">A new HBO documentary suggests bitcoin's creator is Canadian programmer Peter Todd</a>.</li></ul>In commodities, bonds, and crypto:<ul><li><a target="_blank" href="https://markets.businessinsider.com/commodities/oil-price">West Texas Intermediate</a> crude oil traded slightly lower at 73.47 a barrel. <a target="_blank" href="https://markets.businessinsider.com/commodities/oil-price">Brent crude</a>, the international benchmark, fell 0.5% to $76.79 a barrel.</li><li><a target="_blank" href="https://markets.businessinsider.com/commodities/gold-price">Gold</a> slumped 0.55% to $2,607.68 an ounce.</li><li>The 10-year Treasury yield edged up three basis points to 4.071%.</li><li><a target="_blank" href="https://markets.businessinsider.com/currencies/btc-usd">Bitcoin</a> declined 2% to $60,91.</li></ul>

Stock market today: US stocks close at all-time highs ahead of key inflation update 

<ul class="summary-list"><li>Shopify's stock popped 25% on Tuesday after reporting strong revenue and a promising holiday outlook.</li><li>The gains added fuel to Canada's stock rally, helping the market touch record highs. </li></ul>Shopify shares soared Tuesday, lifting Canda's benchmark stock index. Shares of the e-commerce firm popped as much as 25% after reporting revenue that beat estimates and giving strong guidance for the holiday season.With the heaviest weighting on Canada's benchmark index, Shopify's gains pushed the S&amp;P/TSX Composite Index up as much as 1% on Tuesday to touch nearly 25,025, marking the first time the index has crossed the 25,000 threshold.The company, which builds software to power online storefronts, reported earnings per share of $0.35, beating forecasts of $0.26 according to LSEG estimates. Revenue, meanwhile, came in at $2.16 billion versus estimates of $2.12 billion.Going forward, the company says it expects revenue growth in the mid- to high-twenties percentage for the present quarter, above forecasts of around 23% according to FactSet. The strong outlook shows optimism around spending in the upcoming holiday season.Shopify president Harley Finkelstein said the company's strong beat shows it's gaining market share among e-commerce companies. He said the company has attracted an increasing number of key retailers like Reebok, Hanes, and Vera Bradley."Shopify is increasingly the go-to platform of choice, not just for entrepreneurship, but for all of commerce. We are well positioned for extensive growth across different merchant segments, size, geographies, channels and products," Finkelstein said on a call with investors.The company is also making headway in <a target="_blank" class="" href="https://www.businessinsider.com/shopify-ai-use-boosts-efficiency-shakes-up-staff-structure-2024-5">incorporating new technology</a>, launching an AI assistant and AI-powered tools for merchants.Analysts from Citi said they have a bullish outlook for the stock, citing a large addressable market, secular tailwinds, and large-scale growth.The latest earnings add fuel to what has already been a hot streak for Shopify stock, which is up over 43% this year. Canada's benchmark index has soared over 19% in 2024.

Shopify's 25% gain sends Canada's benchmark stock index to all-time highs

The <keyword id="19925636" type="General" weightage="20" keywordseo="stock-market" source="keywords">stock market</keyword> closed in the green, with benchmark indices hitting new all-time highs at the end of closing sessions on Monday. The <keyword id="19950208" type="General" weightage="20" keywordseo="BSE-Sensex" source="keywords">BSE Sensex</keyword> surged by 384.30 points, closing at 84,928.61, while the NSE <keyword id="19896381" type="General" weightage="20" keywordseo="Nifty" source="keywords">Nifty</keyword> gained 148.10 points to settle at 25,939.05. Both indices ended the session driven by strong buying in sectors like auto, oil and gas, and <keyword id="19976433" type="General" weightage="20" keywordseo="financial-services" source="keywords">financial services</keyword>. Out of the Nifty 50 companies, 34 stocks advanced, while 16 declined. Bajaj Auto, Mahindra &amp; Mahindra (M&amp;M), ONGC, Hero Motocorp, and SBI Life emerged as the top gainers, contributing significantly to the market's rise. On the flip side, Eicher Motors, ICICI Bank, Divi's Labs, Wipro, and IndusInd Bank were the top losers, experiencing profit booking after recent rallies. The market's bullish momentum was largely influenced by anticipation surrounding the <keyword id="19899810" type="General" weightage="20" keywordseo="Reserve-Bank-of-India" source="keywords" meta.keywordsubtype="org" meta.entityname="Reserve Bank of India" meta.hostid="261" meta.entityid="Reserve Bank of India">Reserve Bank of India</keyword>'s (RBI) Monetary Policy Committee (MPC) meeting to be held October 7 to 9 and its decision on the repo rate. As the market gears up for potential rate cuts, India VIX, a volatility index, spiked by more than 9 per cent, also reflecting investor caution. VLA <keyword id="19958748" type="General" weightage="20" keywordseo="ambala" source="keywords">Ambala</keyword>, Co-Founder of Stock Market Today, commented on the session's performance, highlighting the role of macroeconomic factors. "In today's session, the India VIX rose more than 9 per cent as the market awaits the MPC policy and <keyword id="21977342" type="General" weightage="20" keywordseo="repo-rate-cut" source="keywords">REPO rate cut</keyword> decision. Notably, India's fast composite PMI recorded a slightly slower growth in September. This is the slowest rate of growth in 2024 for the manufacturing and service sectors," she said. "According to me, to remain globally competitive, the RBI needs to match the US Fed rate, which will create a significant difference between India's lending growth and the long-term FD rates," she added. Ambala emphasized the importance of the RBI's decision in maintaining India's global competitiveness, particularly in comparison to the US Federal Reserve's rates. She noted that any repo rate cut by the RBI could inject more liquidity into the economy, potentially spurring a bullish trend in the equity market and benefiting asset classes like real estate. "If the RBI chooses a REPO rate cut, it will inject more liquidity into the economy, likely fueling a bullish market trend. On the other hand, account holders could enjoy better returns in asset classes such as the equity market and real estate," she said. "The banking and NBFC sectors are already responding to the potential rate cut, and we may see a decline of 100-200 bps points in the next 1.5 years. Since the market has been resilient, I believe it will adapt quickly to these economic changes," Ambala added. Currently, major indices such as Nifty, Bank Nifty, Financial Services, Mid Cap 100, Mid Cap 150, Next 50, FMCG, Consumption, Metal, Infrastructure, and Auto are trading at all-time highs. Sectors like NBFCs, Realty, Infrastructure, and PSU stocks are expected to remain in focus as potential rate cuts could open up significant opportunities for mid-term investors. The technical indicators show that the broader trend remains bullish, with the Relative Strength Index (RSI) for Nifty standing at 74 on the daily, 75 on the weekly, and 83 on the monthly timeframe. However, Ambala advised investors to approach the market cautiously. "The Nifty index can expect support levels at 25,870 and 25,680 with resistance at 26,050 and 26,130 in the next market session," she stated.

Sensex soars to 84,928, Nifty settles at 25,939 as stock market closes at all-time high

The <keyword id="19950208" type="General" weightage="20" keywordseo="BSE-Sensex" source="keywords">BSE Sensex</keyword> climbed up by as much as 1,400 points during the day, to close at 84544.31. Nifty wasn't far behind, inching up over 1% during the day to close at 25790.95. What is driving this rally? And this is not just the secondary market. The primary market, i.e. IPO subscriptions are also witnessing a stellar surge in investor interest. The IPOs of Northern Arc Capital and Arkade Developers, which closed yesterday, were oversubscribed 117 times and 113 times, respectively, largely on the back of significant investments made via the QIB and NII categories. But the question is, what is driving this frenzy, which comes on the heels of the Fed's recent announcement slashing interest rates by a significant 50 basis points? Experts explain that the most direct impact of the rate cut comes in the form of higher <keyword id="20078820" type="General" weightage="20" keywordseo="foreign-capital-inflows" source="keywords">foreign capital inflows</keyword> into emerging markets like India. The impending anticipation of this is what is driving the rally witnessed in the stock market today. As per data from NSDL’s FPI monitor, foreign investors infused a net total of Rs 2,341.64 crore in Indian equity markets via stock exchanges, as of September 19th, 2024. Data shows that September has seen inflows of around Rs 27,862 crores in first half of September. This is around 4 times the flows seen during the entire month of August. Just within this week (till September 19), FPI inflows have touched Rs 5,419 crores. Palka Arora Chopra. Director, <keyword id="23251477" type="General" weightage="20" keywordseo="Master-Capital-Services" source="keywords">Master Capital Services</keyword> Ltd explains that the current upswing in the stock market results from market forecasts of increased foreign inflows into India following the Fed rate decrease. “This, combined with the fact that US jobless claims are at their lowest since May 2024, have alleviated concerns about the US labor market failing, rather, it is simply slowing down. This is also why the Dow Jones Industrial Averages and S&amp;P 500 index surged to 1.7%, and Asia saw a rise in markets across Korea, Japan, and Hong Kong”, she continued. Riding on the tide of higher foreign inflows is the strengthening of Indian Rupee. Already, the rupee has regained strength from a high of 84.0 to 83.7 over the last week, and this trend may continue in the near term. Santosh Meena, Head of Research, Swastika Investmart Ltd notes that historically, emerging markets tend to outperform during the onset of a rate-cut cycle in the U.S. “Indian markets, backed by robust fundamentals, remain resilient despite concerns over valuations. Large-cap stocks, particularly in the private banking sector, continue to look attractive, fueling the current bullish momentum. This positive trend is expected to persist unless significant negative developments arise on the domestic or global front”, he highlights. Mr. Pradeep Gupta, Co-founder &amp; Vice-chairman, Anand Rathi Group notes that this rate cut comes with some short-term benefits for the country, which means stronger rupee and potential capital inflows. "A stronger rupee would make imports cheaper, potentially improving India’s trade balance. However, these advantages may be temporary if the US economy continues to weaken. The Reserve Bank of India (RBI) may follow the Fed’s lead but not immediately. Improved global sentiment could drive a rally in <keyword id="19991358" type="General" weightage="100" keywordseo="Indian-markets" source="keywords">Indian markets</keyword>, as emerging economies like India become more attractive to investors", notes Gupta. But note that in the longer term, the direction of the Indian stock market will depend largely on global economic conditions, and particularly the health of the US economy. If the US achieves a “soft landing”, as is targeted by Fed, and avoids a recession, Indian equities may experience gradual growth. However, if the global outlook deteriorates, Indian markets—especially mid and small-cap segments, could come face to face with increased volatility and market downturns. <h2>What should your investment strategy be?</h2>SEBI registered Investment Advisor Gaurav Goel advises having a thorough look at your portfolio whenever the equity markets hit a fresh high. Look, it is practically impossible to time the markets. But, as a smart investor, markets hitting a fresh high is a good time to rebalance your portfolio, so that you can cushion your funds from any significant downturn that will invariably stem from any market downturns thereafter "When equities hit all time highs, there is a natural tendency of equity component of your asset allocation to breach the prescribed asset allocation. In such a situation, on should reassess the asset allocation and shave off excess percentages from the equity allocation to revert to the mean". Goel also suggests hedging a portion of your portfolio by buying naked long dated put options on benchmark index like Nifty 50. This way, you'd be able to benefit from a decrease in the prices of underlying assets, without having to own it. But most importantly, "At these crests, its important to shuffle your portfolio. Remove the crap, low-value stocks that might have made their in your portfolio during bullish phase, and replace with high quality stocks. Shift your assets more toward the large cap stocks/index funds where the volatility would be less or towards sector/market caps, which are less expensive on valuations", Goel continued. As for traders looking to make the most of the ongoing upward trajectory of the market, Osho Krishan, Senior Analyst, Technical &amp; Derivatives, Angel One, advises "capitalizing on the upward momentum by taking profits, rather than adopting an aggressive stance in the overbought territory". "From a technical perspective, we have entered a phase where the market is overbought, as indicated by various metrics. Therefore, it is crucial to avoid complacency and instead adopt a practical and realistic approach to the current situation", he continued. Anirudh Garg- Founder and Fund Manager at Invasset PMS explains that "When markets hit an all-time high, investors need to reassess their strategies to navigate potential risks while still capitalizing on opportunities. However, it’s essential to understand that not every market high signals overvaluation. There’s a key difference between markets reaching record levels and being fundamentally expensive. Identifying this distinction helps avoid premature decisions based solely on market peaks". "In particular, when mid-cap and small-cap stocks exhibit stretched valuations, investors should shift their focus to high-quality companies. These are firms with robust balance sheets, consistent earnings growth, and strong competitive advantages, often found in sectors linked to steady inflation", says Garg. Naturally, quality stocks tend to be more resilient in volatile environments, offering stability and better protection against downside risk. Also, don't forget to keep an eye out for the risk-reward ratio, which becomes critical during expensive markets. This involves diversifying portfolios, avoiding overexposure to overheated sectors, and focusing on capital preservation while seeking reasonable returns. Disclaimer: The content on this website is for informational purposes only and should not be construed as investment advice. We recommend readers consult certified, qualified and registered advisors for professional and personalised financial advice.

Indian markets surging to all time highs today: What's happening post Fed decision?

Dear reader, As another week draws to a close, the financial world is abuzz with excitement, with markets hitting all-time highs and raising questions for investors on how to best navigate this promising terrain. We explored some strategies for <keyword id="20223034" type="General" weightage="20" keywordseo="mutual-fund" source="keywords">mutual fund</keyword> investors looking to capitalise on India’s robust growth, despite some experts warning of overvalued conditions. But it was not all about numbers; the <keyword id="20665553" type="General" weightage="20" keywordseo="remote-work" source="keywords">remote work</keyword> debate also heat up again this week. A former <keyword id="19904608" type="General" weightage="100" keywordseo="Amazon" source="keywords" meta.keywordsubtype="org" meta.entityname="Amazon" meta.hostid="261" meta.entityid="Amazon">Amazon</keyword> employee had even spilled the beans on creative tactics used by workers to skirt the company's recent office mandate. Meanwhile, in a tech-savvy twist, Bengaluru's traffic police have deployed AI-powered cameras to ensure that rule-breakers aren't slipping through the cracks, whether or not an officer is present. This innovative move raises the stakes for those who might think twice about cutting a red light or using their phones while driving. In a more personal journey, a 41-year-old bank worker reveals how simple dietary changes and a straightforward workout technique transformed his physique, proving that it’s never too late to make positive lifestyle changes. And for music lovers, the excitement surrounding <keyword id="20399945" type="General" weightage="20" keywordseo="Coldplay" source="keywords" meta.keywordsubtype="org" meta.entityname="Coldplay" meta.hostid="261" meta.entityid="Coldplay">Coldplay</keyword>'s upcoming performance in India is palpable! However, with scalpers jacking up prices to exorbitant levels, we highlight how it may actually be cheaper to catch the band live in Abu Dhabi instead of facing the steep markups in Mumbai. Join us as we unpack these intriguing stories and more, ensuring you stay ahead of the curve in today's rapidly changing landscape. <h2>Top stories from the week</h2> With markets hitting all-time highs, how should you position yourself as a mutual fund investor? Despite experts currently pegging the market to be in over-brought category, with elevated valuations, India will continue to be amongst the world's fastest growing economies in the medium term. Per <keyword id="23344116" type="General" weightage="20" keywordseo="goldman-sach" source="keywords">Goldman Sach</keyword>'s India strategy, companies operating in the auto, chemicals, real estate, FMCG and other consumer durables may observe a large surge in their profits, with consumer durables registering the highest growth in this cycle. So, how can investors make the most of this uptrend? We decode that for you. <a href="https://www.businessinsider.in/stock-market/article/with-markets-hitting-all-time-highs-how-should-you-position-yourself-as-an-mutual-fund-investor/articleshow/113662022.cms?upcache=2&amp;utm_source=BI_newsletter&amp;utm_medium=newsletter&amp;utm_campaign=weekly_digest&amp;ncode=eac724db06a1b423589790353cd35d8482c05a95522ed6abfc285ccd372de143c1b9eb738a682068e6154cea1ecc535b90f24d3e6a144cc072a4cef9bdd7e86aa61f0a704e77dfb4465e87c057ec6b95&amp;nl_id=6638a138c5fe91bbf47baa33" data-type="tilCustomLink" target="_blank">Read more</a> Rename home Wi-Fi, leave badge at office: <keyword id="23344115" type="General" weightage="20" keywordseo="ex-amazon" source="keywords">Ex-Amazon</keyword> employee reveals tricks used by employees to not work from office Amazon's recent decision to end remote work and require employees to return to the officesparked controversy. A former AWS engineer shared tactics employees used to dodge the mandate, including badging in briefly, renaming home Wi-Fi networks, and using colleagues to clock in. These tricks highlight ongoing debates about remote work's future. <a href="https://www.businessinsider.in/tech/news/rename-home-wifi-leave-badge-at-office-ex-amazon-employee-reveals-tricks-used-by-employees-to-not-work-from-office/articleshow/113619411.cms?upcache=2&amp;utm_source=BI_newsletter&amp;utm_medium=newsletter&amp;utm_campaign=weekly_digest&amp;ncode=eac724db06a1b423589790353cd35d8482c05a95522ed6abfc285ccd372de143c1b9eb738a682068e6154cea1ecc535b90f24d3e6a144cc072a4cef9bdd7e86aa61f0a704e77dfb4465e87c057ec6b95&amp;nl_id=6638a138c5fe91bbf47baa33" data-type="tilCustomLink" target="_blank">Read more</a> Hopping signals or using phones when cops aren’t there? You’re still going to get instant-fined, thanks to Bengaluru’s new AI cameras If you've ever found yourself sheepishly glancing around after cutting a red light or using your phone while driving, only to relax because "no cops in sight," think again! In Bengaluru, the traffic police have gone tech-savvy, and they're now leveraging AI to keep an eye on you – whether or not there’s an officer standing by. <a href="https://www.businessinsider.in/tech/news/hopping-signals-or-using-phones-when-cops-arent-there-youre-still-going-to-get-instant-fined-thanks-to-bengalurus-new-ai-cameras/articleshow/113733172.cms" data-type="tilCustomLink" target="_blank">Read more</a> A 41-year-old transformed his body with 2 diet changes and 1 simple workout technique A bank worker in his 40s got more defined muscle with simple tweaks to his routine. He burned fat by paying attention to portion sizes and setting a daily protein goal. <a href="https://www.businessinsider.in/science/health/news/a-41-year-old-transformed-his-body-with-2-diet-changes-and-1-simple-workout-technique/articleshow/113532951.cms" data-type="tilCustomLink" target="_blank">Read more</a> It is cheaper to watch Coldplay perform in Abu Dhabi than to pay scalpers for Mumbai tickets Grammy-winning pop band Coldplay is all set to perform in India in January 2025 and the tickets went on sale recently. While excited fans rushed to book the tickets, most fans unfortunately couldn’t get their hands on them despite the band adding an extra show due to overwhelming demand. Not all tickets were booked by fans as a lot of tickets showed up on re-selling platforms and social media, with scalpers charging a bomb for these tickets. With tickets costing as much as ₹3.65 lakh on re-selling platforms such as Viagogo, there’s another option for Coldplay fans to see their favourite band perform without burning a hole in their pocket. <a href="https://www.businessinsider.in/entertainment/news/it-is-cheaper-to-watch-coldplay-perform-in-abu-dhabi-than-to-pay-scalpers-for-mumbai-tickets/articleshow/113665893.cms" data-type="tilCustomLink" target="_blank">Read more</a> <h2>Top Web stories </h2> <a href="https://www.businessinsider.in/science/health/food/webstories/saffron-to-caviar-9-of-the-worlds-most-expensive-food-items/slidelist/113671583.cms" data-type="tilCustomLink" target="_blank">Saffron to Caviar: 9 of the world's most expensive food items</a> <a href="https://www.businessinsider.in/thelife/webstories/work-smart-stay-sane-9-tips-to-combat-stress-and-burnout/slidelist/113671839.cms" data-type="tilCustomLink" target="_blank">Work smart, stay sane: 9 tips to combat stress and burnout</a> <a href="https://www.businessinsider.in/travel/india/webstories/10-serene-coastal-villages-in-india-to-visit-this-october/slidelist/113687424.cms" data-type="tilCustomLink" target="_blank">10 serene coastal villages in India to visit this October</a>

Weekend wrap: Amazon employee reveals tricks to avoid working from office, markets hit all-time highs

Mumbai: The rupee slipped 1 paisa to an all-time low of 84.40 against the US dollar in early trade on Wednesday, as persistent <keyword id="20520117" type="General" weightage="20" keywordseo="foreign-fund-outflows" source="keywords">foreign fund outflows</keyword> and a muted trend in domestic equities weighed on the local unit. Forex traders said the USDINR pair has shown significant volatility in recent sessions, with the rupee inching closer to its all-time low of 84.40. This downward pressure is largely driven by global factors, particularly the Dollar Index's strengthening. At the interbank foreign exchange, the rupee opened at 84.40 against the greenback, registering a fall of 1 paisa over its previous close. On Tuesday, the rupee fell 1 paisa to a new lifetime low of 84.39 against the US dollar. "It appears that the rupee has established support around the current levels, with depreciation limited near 84.50," CR Forex Advisors MD Amit Pabari said. Pabari further added that the RBI stands tall as the depreciation in the rupee seems to be limited as the <keyword id="19899810" type="General" weightage="100" keywordseo="Reserve-Bank-of-India" source="keywords" meta.keywordsubtype="org" meta.entityname="Reserve Bank of India" meta.hostid="261" meta.entityid="Reserve Bank of India">Reserve Bank of India</keyword> (RBI) continues to sell the dollars to protect the sharp depreciation. "For the 5th consecutive week, India's forex reserves declined, possibly due to RBI selling the dollars. Currently, the forex reserves of India stand at USD 682 billion down from the recent all-time high of USD 704 billion," he said. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading lower by 0.04 per cent at 105.98. Brent crude, the global oil benchmark, rose 0.25 per cent to USD 72.07 per barrel in futures trade. On the domestic equity market front, Sensex was trading 210.66 points, or 0.27 per cent lower, to 78,464.52 points. The Nifty fell 100.45 points, or 0.42 per cent, to 23,783.00 points. Foreign Institutional Investors (FIIs) were net sellers in the capital markets on Tuesday, as they offloaded shares worth Rs 3,024.31 crore, according to exchange data. On the macroeconomic front, retail inflation breached the Reserve Bank's upper tolerance level, soaring to a 14-month high of 6.21 per cent in October mainly on account of rising food prices. Inflation based on the consumer price index (CPI) was 5.49 per cent in September and 4.87 per cent in the year-ago month. India's industrial production expanded by 3.1 per cent in September after recording a contraction in the preceding month, as all three major segments -- mining, manufacturing, and power generation -- showed improvement. However, the growth in the Index of Industrial Production (IIP) during the month was lower than 6.4 per cent registered in September 2023.

Rupee falls 1 paisa to all-time low of 84.40 against US dollar in early trade

<ul class="summary-list"><li><a target="_blank" class="" href="https://www.businessinsider.com/jeff-bezos-congratulates-donald-trump-election-win-washington-post-2024-11">Jeff Bezos</a> is the richest he's ever been.</li><li>The Amazon founder's net worth soared to an all-time high of $228 billion on Wednesday, per Bloomberg's Billionaires Index.</li></ul>The rich are getting richer since Donald Trump was elected president, and Jeff Bezos is no exception.His net worth hit a record high of $228 billion on Wednesday, according to the <a target="_blank" class="" href="https://www.bloomberg.com/billionaires/profiles/jeffrey-p-bezos/?embedded-checkout=true">Bloomberg Billionaires Index.</a> That's up $7 billion from his previous high of $221 billion, which he first reached in July and again on Tuesday.<a target="_blank" class="" href="https://www.businessinsider.com/amazon-stock-earnings-report-call-live-updates-2024-10">Amazon's stock</a>, which had already jumped last week on the back of a strong earnings report, surged following Tuesday's election, closing at an all-time high share price of $207.09 on Wednesday. The rally helped the Nasdaq 100, the index on which Amazon is listed, reach a record high.The vast majority of Bezos' fortune is tied to the company's stock, which is up more than 40% year-to-date; he owns more than 926 million of the company's shares or just under 9% of Amazon's stock.The fortunes of the world's five richest people — including Bezos — soared along with the market on Wednesday after <a target="_blank" class="" href="https://www.businessinsider.com/trump-2024-election-win-5-stats-to-explain-result-2024-11">Trump won the presidential election</a>. Collectively, the billionaires gained nearly $53 billion by the end of the day's trading, which saw investors betting on less regulation and corporate tax cuts under a second Trump administration.Bezos is the second-richest person in the world, topped only by <a target="_blank" class="" href="https://www.businessinsider.com/trump-won-election-what-that-means-for-elon-musk-2024-11">Elon Musk</a><a target="_blank" href="https://www.businessinsider.com/trump-won-election-what-that-means-for-elon-musk-2024-11">, a vocal supporter of Trump's campaign.</a> The Tesla CEO's net worth climbed $26.5 billion on Wednesday to reach $290 billion, per Bloomberg.<a target="_blank" class="" href="https://www.businessinsider.com/jeff-bezos-congratulates-donald-trump-election-win-washington-post-2024-11">Bezos congratulated Trump</a> on his win on Wednesday, calling it an "extraordinary political comeback."The billionaire had not endorsed a candidate this presidential cycle — and had guided <a target="_blank" class="" href="https://www.businessinsider.com/washington-post-donald-trump-kamala-harris-endorsement-bezos-why-matters-2024-10">The Washington Post,</a> which he owns, to do the same. The controversial decision of the paper not to endorse a presidential candidate for the first time in decades led to a number of resignations from the paper and reportedly caused more than 250,000 people to cancel their subscriptions.Both Musk and <a target="_blank" class="" href="https://www.businessinsider.com/jeff-bezos-blue-origin-space-election-elon-musk-nasa-2024-10">Bezos had stakes in the election</a>: Their private space companies, SpaceX and Blue Origin, respectively, rely on government contracts. Bezos' Blue Origin was chosen in June to be a preferred provider for $5.6 billion worth of Pentagon contracts and was awarded a $3.4 billion contract by NASA last year.

Jeff Bezos' net worth hits all-time high fueled by Amazon shares getting Trump bump

<ul class="summary-list"><li>Netflix's stock soared over 11% to close at a record high of $763.89 on Friday. </li><li>The surge comes after the streaming giant reported another strong quarter and issued positive guidance.</li></ul>Investors poured into Netflix shares on Friday, sending the stock to record highs after the streaming giant's solid third-quarter earnings report. The stock closed at $763.89, finishing the day higher by 11%. The surge came after Netflix reported a <a target="_blank" class="" href="https://www.businessinsider.com/netflix-new-subscriber-numbers-beat-expectations-2024-10">strong earnings beat</a> and gave positive forward guidance that gave investors confidence about its position in the streaming wars. Netflix's quarterly revenue came in at $9.83 billion, slightly above a Bloomberg consensus estimate of $9.78 billion, while new subscribers also beat estimates, totaling 5.07 million, outpacing expectations of 4.5 million.That growth is a sign that Netflix's push to crack down on password sharing is still drawing new subscription sign-ups, even as analysts <a target="_blank" href="https://www.businessinsider.com/netflix-questions-from-wall-street-growth-ads-future-earnings-2024-10">questioned that possibility</a> ahead of earnings.The platform's new ad-supported membership tier, in particular, saw huge growth, soaring 35% from the second quarter and accounting for over half of signups in countries where it's currently available.The streaming giant also gave strong forward guidance, with expectations for fourth-quarter revenue to surge 14.7% to $10.13 billion and next year's revenue to come in between $43 billion to $44 billion. That revenue estimate is upwards of 11% growth from this year's revenue expectations of $38.9 billion.Several analysts upped their price targets following the earnings report.UBS raised its price target for the stock from $750 to $825, citing future revenue growth and the company's balance between expansion and investment in ads, gaming, and live content.Bank of America analysts also see multiple drivers into next year, and upped their price objective from $740 to $800."In our view, Netflix remains one of the best positioned companies within media and has several growth drivers," the analysts said in a Friday note. "Supported by its world-class brand, leading global subscriber base, position as an innovator and increased visibility in growth drivers, we believe that Netflix should continue to outperform," they added.Morgan Stanley analysts bumped their already-bullish view on the stock up to $830 from $820, citing the potential to raise earnings by 20%-30% over time with strong prospects in gaming, live content, and advertising.Morgan Stanley analyst Benjamin Swinburne said the latest earnings reinforce the firm's bullish price target of $1,050 for the stock, which implies over 37% upside from the current price.He said Netflix's latest earnings and free cash flow set it apart from the competition in the increasingly fierce streaming wars. "They're going to generate about $50 billion of free cash flow over the next four years. That gives them tremendous ability to invest back in the business at levels that really, frankly, their media competitors can't," Swinburne said in a Friday interview with CNBC.

Netflix closes at all-time highs after reporting solid earnings beat and strong guidance

<ul class="summary-list"><li>Philip Morris International stock surged 10% after strong Q3 revenue and profit guidance.</li><li>Zyn nicotine pouch sales grew 41% in the US in the third quarter.</li></ul><a target="_blank" class="" href="https://www.businessinsider.com/when-zyn-back-stock-cfo-later-year-q4-shortages-stores-2024-6">Nicotine pouch maker Zyn </a>is on a roll, and it's boosting the company's bottom line.Zyn producer Philip Morris International's stock rose 10% on Tuesday after the company reported better-than-expected third-quarter revenue and raised its full-year profit guidance. The gain was the biggest in over a decade and brought the company stock price to a record high.PMI, which produces Marlboro cigarettes outside the US, reported revenue of $9.9 billion for the third quarter, an 8.4% increase year-to-year.The company has beat analyst expectations for three straight quarters and its stock is up over 37% year-to-date.Third-quarter sales of <a target="_blank" class="" href="https://www.businessinsider.com/zyn-competitor-marketing-nicotine-pouches-finance-bros-2024-9">mega-hit nicotine pouch</a> Zyn grew 41% in the US and 70% internationally, despite a small increase in prices, chief financial officer Emmanuel Babeau said on Tuesday's earnings call.Zyn's performance comes amid PMI's push for more smoke-free alternatives, as consumers and governments shun traditional tobacco products. The company said smoke-free products, which include Zyn and IQOS vapes, accounted for 40% of profits this quarter.The chewing-gum-like oral pouches, which are popular with young professionals, have <a target="_blank" class="" href="https://www.businessinsider.com/zyn-nicotine-pouches-out-stock-shortage-new-york-jersey-florida-2024-5">been in short supply</a> across the country this year. PMI is building a factory in Colorado in 2025 to ease some of its US supply chain tensions, Babeau said in June.The flavored nicotine pouches have been available in the US since 2014 but have boomed in popularity recently. They have become a pick-me-up for <a target="_blank" rel="" href="https://www.businessinsider.com/zyn-pouches-become-popular-some-workers-2024-3">office employees</a> looking to feel more productive, and are a favorite for <a target="_blank" rel="" href="https://www.businessinsider.com/wall-streets-underground-drug-abuse-culture-cocaine-adderall-zyn-mushrooms-2024-1">high-powered Wall Street traders</a> and <a target="_blank" rel="" href="https://www.businessinsider.com/chuck-schumer-nicotine-zyn-republican-right-wing-2024-1">Republican lawmakers</a> alike. Loyal users of these pouches have said that Zyn helped them <a target="_blank" rel="" href="https://www.businessinsider.com/zyn-nicotine-weight-loss-ozempic-health-risk-masculinity-2024-5">lose weight</a>, comparing them to the viral weight-loss drug Ozempic.<a target="_blank" rel="" href="https://www.businessinsider.com/people-are-putting-nicotine-pouches-in-their-butthole-penis-foreskins-2021-9">Medical experts</a> and <a target="_blank" rel=" nofollow" href="https://academic.oup.com/ntr/article/23/9/1590/6285126?login=false#255584865">research</a> <a target="_blank" rel="" href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4363846/">studies</a> warn nicotine can be addictive and can have harmful effects on the body, and there are no studies about nicotine's effectiveness in weight-loss, Business Insider <a target="_blank" rel="" href="https://www.businessinsider.com/zyn-pouches-what-are-nicotine-does-to-heart-body-brain-2024-2">previously reported.</a>The Food and Drug Administration has been cracking down on underage Zyn sales. Earlier this year, the agency said it <a target="_blank" rel="" href="https://www.fda.gov/tobacco-products/ctp-newsroom/fda-issues-warning-letters-and-files-civil-money-penalty-complaints-against-retailers-underage-sales">sent 119 warning letters</a> to retailers and filed 41 civil complaints for sales of Zyn to underage buyers last year and this year.In June, PMI received a subpoena from the District of Columbia's attorney general about <a target="_blank" class="" href="https://www.businessinsider.com/zyn-pauses-online-nicotine-pouch-sales-dc-investigation-subpoena-flavors-2024-6">online sales of flavored nicotine products</a>, which have been banned in DC since October 2022.

You Searched For "market all time high" and got 11 results

Markets are ripping past all-time highs after Donald Trump's electoral victory. Doomsday investors aren't convinced.

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Sensex surges to record high, gains 400 points; Nifty reaches all-time peak

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Stock market today: US stocks close at all-time highs ahead of key inflation update

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Sensex soars to 84,928, Nifty settles at 25,939 as stock market closes at all-time high

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Indian markets surging to all time highs today: What's happening post Fed decision?

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Weekend wrap: Amazon employee reveals tricks to avoid working from office, markets hit all-time highs

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Jeff Bezos' net worth hits all-time high fueled by Amazon shares getting Trump bump

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Netflix closes at all-time highs after reporting solid earnings beat and strong guidance

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