Chartists
162 posts

Chartists
@kumar_pate18544
Breaking news | Global affairs | Markets | Geopolitics Fast, factual updates from around the world.




#Iran rolls back its decision to OPEN the #StraitOfHormuz Hormuz due to continuation of the #US Blockade. Speaker of the Parliament tweets two hours ago announcing the Strait is CLOSED. Galibaf 👇 “The President of the United States made seven claims in one hour, all seven of which were false. 2- They did not win the war with these lies, and they will certainly not get anywhere in negotiations either. 3- With the continuation of the blockade, the Strait of Hormuz will not remain open” Separately, reports suggest next round of talks in #Islamabad could happen on Monday. Confirmation from both sides awaited @CNBCTV18News @CNBCTV18Live #IranUpdate #Trump






Asked someone from the industry whether foreign investors are still interested in allocating to India. The TLDR: Interest has pretty much died out. India is seen as geopolitically exposed, especially to an oil shock. There are no real AI plays. Valuations are rich. And the rupee situation doesn't help. On top of that, investors who were sitting on gains have taken money off the table and are now looking at markets like Japan, Taiwan, Korea, Europe etc instead. He also pointed out that our LTCG/STCG structure and the increase in STT have made India less attractive compared to other markets that are seeing inflows. If we need to attract FPIs back, and we do, fixing this feels like pretty low-hanging fruit.

Im old enough to remember when sales force borrowed $25 billion to buy its stock back at $195 two weeks ago. $CRM











