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Showing posts with the label loksabhaelectionresults

PSU stocks: PSU stocks fall, Cochin Shipyard, Bharat Dynamics worst hit by up to 10%

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[hfe_template id='11223'] [ad_1] PSU stocks Cochin Shipyard and Bharat Dynamics witnessed a sharp fall by 10% to Rs 1,630.55 and Rs 1,293.35 respectively as the BSE PSU index fell by 4% soon after markets opened on Wednesday following the disappointing Lok Sabha election results. The index ended nearly 16% lower on Tuesday as the Narendra Modi-led BJP failed to secure a simple majority on its own and would have to piggyback on allies to form the government. As of 9:45 am today, all the constituent stocks of the index were trading in red. Other stocks like NBCC, HUDCO, Indian Bank and REC witnessed a decline of more than 5% while railway stocks like IRCTC, IRCON International and RVNL dipped by 4.7%, 6.2% and 7% respectively. Shares of NTPC, CONCOR, Hindustan Copper, GIC, Central Bank of India, NMDC, Powergrid, PFC, BEL, PNB, Uco Bank, Union Bank of India, HAL, BHEL and SJVN among others witnessed a greater-than-3% fall on charts. The Index tumbled nearly 14% on Tuesday a...

Should investors adjust their portfolios based on predictions of election outcomes?

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[hfe_template id='11223'] [ad_1] Imagine we are tasked with constructing a bridge, aiming to minimize costs while ensuring functionality. Ideally, if we could predict the exact volume of traffic and weather conditions for decades to come, we could design the bridge to meet these specific demands at minimal expense. However, reality is often unpredictable. Unexpected increases in traffic or unforeseen extreme weather can jeopardize the bridge’s structural integrity. A bridge designed for precisely predicted conditions is likely to fail under real-world uncertainty. Therefore, it is prudent, although more costly, to build a bridge that is robust enough to withstand conditions far beyond what is anticipated, thereby ensuring its longevity and safety. Optimization involves tweaking systems to maximize gains or minimize costs. If there is no uncertainty about the future, we should aim for optimization. However, in the presence of uncertainty, we should favor robustness of the...