The WeekendInvesting Newsletter - 2 Feb 2024

Did you look out for the red flags in Paytm?

Paytm, also known as One97 Communications Limited, has recently experienced a significant downfall in its stock price. This has sparked discussions and raised important lessons for investors to consider.

In this article, we will analyze the factors that contributed to Paytm’s decline and share valuable insights for investors.. . . . .

Reading Time : 3 Minutes

The Chinese market, which is closely linked to the Hong Kong market, has experienced significant volatility and challenges in recent years. Many Chinese investors have seen their equity investments perform poorly, with stocks such as Alibaba, Tencent, etc. experiencing prolonged downtrends. In contrast, an alternative investment has demonstrated impressive returns over the same period: gold.

In this article, I will explore the stark contrast between the performance of Chinese equities and gold, highlighting the importance of diversification and asset allocation in one’s investment strategy. . . . .

Reading Time : 4 Minutes

WeekendInvesting Daily Bytes

Nifty index opened in a warzone between 21,750 and 21,800, that has been continuously monitored for support and resistance levels around this zone. In today’s session, there was a break out of this zone, leading to a fresh all-time high 22,126 in the first half of the session. However, the second half of the session saw a decline, bringing the index down 1.23% to the support level at 21,800.

Reading Time : 4 Minutes