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Warren Buffett criticizes gold as a non-productive asset that sits idle without generating income, dividends, or growth, unlike businesses or farmland that create real value over time. He argues that true wealth comes from productive investments that compound through earnings, not from gold’s value reliant on others paying more later amid fear or speculation.
Kotak Mahindra Bank implemented a 5:1 stock split, reducing face value from Rs 5 to Rs 1. Despite a rise in total shares, the post split adjusted price remains near prior levels, indicating no change in net investment value. The move aims to improve liquidity and affordability for investors, with continued positive growth outlook.
Loan against shares allows investors to borrow up to 50% of the market value of their stocks, providing quick access to funds without selling shares. However, market volatility can trigger margin calls requiring cash top-ups or forced share liquidation if the collateral value drops significantly.
The Indian Rupee’s value has fallen to ₹89.49 against the US Dollar, raising concerns about import costs and market dynamics. Analysts suggest that this decline may impact sectors reliant on imports while providing benefits to export-oriented industries.
