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Pedestrians look toward a Waymo autonomous self-driving Jaguar taxi stopped at a red light near Venice Beach on March 14, 2024 in Los Angeles, California. States are trying to prepare for more widespread use of self-driving cars in the future with new laws. (Mario Tama/Getty Images)

Early one morning last year, as state Rep. Josh Bray left his small town of Mount Vernon in southeastern Kentucky to make his way to the Capitol in Frankfort, he decided to count how many drivers he saw texting or distracted by something else.

He quit counting after 24 when he saw a truck driver reading a newspaper while going down the road.

The incident spurred the Republican lawmaker’s effort to pass a bill this spring in the Kentucky legislature that sets rules for self-driving vehicles, including the largest commercial trucks after July 2026. Bray thinks the rules will ensure that self-driving vehicles are safer than those operated by often-distracted human drivers.

The for fully autonomous vehicles — those designed to function without a human driver present — requires owners to file a safety and communication plan that law enforcement can use and to have a minimum of $1 million in liability insurance per vehicle, roughly higher than the amount for regular personal vehicles.

“I felt like it was necessary to have something on the books in Kentucky because we are kind of a logistics hub,” Bray said. For example, he said, self-driving baggage handling vehicles now will be able to cross a state road.

The legislature approved the bill in late March and a few weeks later overrode a veto by Democratic GovKanpur Wealth Management. Andy Beshear, who said the bill advanced too quickly and that there should be a testing period before fully autonomous vehicles are allowed to drive in the state.

While no fully autonomous cars are in regular use in the country yet, some states have allowed limited testing and pilot programs on public roads.

Many state legislatures are trying to get ahead of self-driving vehicles that eventually will be on their roads by setting standards for operating the vehicles and rules for law enforcement if they see an autonomous vehicle breaking a traffic law.

And many laws require, as Kentucky’s does, a minimum insurance requirement to protect drivers, passengers and pedestrians, should the vehicles be involved in an accident.

This year, five states and Washington, D.C., enacted bills dealing with fully automated vehicles, according to Douglas Shinkle, associate director of environment, energy and transportation for the National Conference of State Legislatures.

The new laws in , Kentucky and allow for the operation of fully autonomous vehicles, while new law deals with safety requirements. brings the vehicles under updated dealer regulations for all cars.Updates to current laws

About half the states already have statutes regulating vehicles operated by some degree of autonomous technology — ranging from the fully autonomous vehicles that are not on the road yet to those that have some driver-assist functions, Shinkle said.

But many of the laws are being changed already.

“There’s been a steady progression of bills,” he said, “with some going back and refining some of the language. Every year some new states are getting into the mix.”

Most of this year’s new laws have to do with commercial vehicles, he said. States hope to bring in manufacturers of the vehicles or other industries that would use the technology.

“A lot of this is motivated by states that don’t want to be left behind,” Shinkle said. ”They hope this may lead to jobs in their states.”

But labor unions worry that driving jobs might be lost to the technology.

Dustin Reinstedler, president of the Kentucky chapter of the AFL-CIO, testified against the bill in his state, saying at a legislative hearing that his union preferred alternative legislation calling for a study of the “effects of autonomous vehicles on our roads and the jobs of over 50,000 workers.”

Already, autonomous ride-hailing vehicles from Waymo, formerly known as the Google self-driving car project, dot the landscape in Los Angeles, Phoenix and San Francisco, allowed to drive within limited areas.Safety concerns

Fully autonomous vehicles have raised safety concerns.

California enacted this year that will, among other things, require manufacturers to continuously monitor every autonomous vehicle on the road and designate a remote human operator to immobilize a vehicle if necessary.Surat Wealth Management

The law also allows law enforcement to issue a notice of noncompliance when autonomous vehicles violate local traffic ordinances.

Earlier this month, the National Highway Traffic Safety Administration began an into four crashes of Teslas operating with a partial-automation system (which can navigate highways and steer the car on city streets but requires a licensed driver to be present). That includes one in which a pedestrian was killed. In a news release, NHTSA said reduced visibility may have led to the crashes.

A NHTSA spokesperson said in an email that in each incident, the Tesla entered an area with reduced roadway visibility due to sun, glare, fog or dust. She would not elaborate nor be further identified.

Bray, the Kentucky lawmaker, argued that the self-driving vehicles and driver-assist vehicles are “much safer than human drivers.”Indore Investment

He added that fully autonomous vehicles, such as large trucks, could run in the middle of the night, taking traffic off the roads during peak hours and lowering the risk of tired drivers falling asleep.

The idea of semitrucks without drivers makes Kentucky Republican state Sen. Greg Elkins uneasy. He opposed the bill and supported the governor’s veto.

“My reasoning was I just don’t think technology is there yet, particularly with 18-wheel vehicles,” he said in an interview. “I would have been OK with the bill that would have restricted [it to smaller vehicles].”

Alabama’s requires a minimum of $100,000 in liability insurance for fully autonomous vehicles, about the same as ordinary cars.

California’s new law requires $5 million in insurance for manufacturers testing autonomous vehicles on state roads, should any one of them be in an accident.

I just don’t think technology is there yet, particularly with 18-wheel vehicles.

– Kentucky Republican state SenIndore Stock. Greg Elkins

Robert Passmore, a vice president at the American Property Casualty Insurance Association, a trade group for insurance companies, said that should individual autonomous vehicles come into regular usage, the insurance companies still have to answer the question of “who was driving at the time.”

He argued that the liability coverage should mirror that required for regular cars with drivers.

“Our position is that these vehicles should be insured the same,” he said. “The things that can happen as the result of driving are pretty much the same. Whatever the minimum limits are for that type of vehicle, those are probably appropriate [for autonomous vehicles]. Most people carry more than the minimum anyway.”

Kanpur Stock

In the stock universe, this is clearly no three-way battle. Nvidia is the undisputed AI leader commanding more than 90% market share in data-center GPUs and more than 80% market share in AI processors. At best, Advanced Micro Devices (AMD) and Intel (INTC) are actively competing with AI chips to seek positioning as viable alternatives for Nvidia’s H100 (the company’s graphics processing unit). But Nvidia is well ahead in the , already evolving to a more sophisticated H200 and the new Blackwell platform later this year. AMD and Intel may have plenty of catching up to do. The more critical threat to Nvidia is the attack on the monopoly of CUDA, its proprietary software stack that allows developers to leverage the parallel processing capabilities of Nvidia GPUs to accelerate machine learning workloads.

From a stock price perspective, is knocking it out of the park. Shares of Nvidia have run up more than 200% in the past year positioning the AI chip giant as the third largest company in the U.S. with a $2.97 trillion market cap, trailing only Apple’s $3.17 trillion and Microsoft’s $3.21 trillion market values. AMD stock, not quite in the leagues of Nvidia, has nevertheless fared well with a nearly 25% rally in the past year reaching a market cap of $257 billion that is 2x of Intel’s. The laggard among the three is Intel with its shares down 6% on the year and down 40% from its December highs mainly due to its weaker-than-expected second-quarter outlook. This article endeavors to provide insights on the following questions.

Is the sell-off in Intel and AMD stocks a buying opportunity?

Is Nvidia still a buy after its stupendous rally?

Which are good AI stocks to buy other than Nvidia, AMD and Intel?

The brain trust at Forbes has run the numbers, conducted the research, and done the analysis to come up with some of the best places for you to make money in 2024.

Intel shares are down more than 30% in the past five years vs. AMD’s nearly 400% climb and Nvidia’s whopping 3,000-plus percent rally. Intel stock is facing challenges from the “technology gap that was created by over a decade of underinvestment,” to quote Intel CEO Patrick Gelsinger. AMD has been a primary beneficiary of Intel’s manufacturing missteps in the past.

Intel’s problems started with missing the boat on the 10nm and 7nm processes in chip manufacturing. Processors made using smaller but advanced nm (nanometer) processes are typically faster, perform better and more power efficient.

Two companies that flourished from Intel’s manufacturing fumbles include the Taiwan Semiconductor Manufacturing Company (TSMC) and AMD. While TSMC cruised through the 10nm and 7nm processes, AMD, a fabless semi, grew its share of X86 server CPU market from almost zero to 23.9% through the first quarter of 2024.

Intel missed out on the mobile revolution as well. The iPhone could have had an Intel chip, but today about 99% of premium smart phones are powered by an Arm-based chip. That was a costly mistake, because Apple later stopped using Intel chips in its computers, too, starting in 2020 and transitioned to its own Arm-based chips, breaking a 15-year partnership with Intel. For reference, Apple Macs represent roughly 10% of global PC market share. Intel’s loss was Arm’s gain.

Arm captured 9% of the overall CPU server market in 2023, even as Intel continues to dominate with a 61% market share. Arm uses the RISC architecture vs. Intel’s X86 instruction set that is used by most PCs. Arm-based chips use less power vs. X86-based chips and lately Arm chips have experienced a significant rise in adoption. Arm architecture is at the core of both Amazon Web Services’ custom server Graviton chips and Qualcomm’s flagship Snapdragon chips.

It appears so. Here’s why. Nvidia is cutting out Intel entirely from its latest “Blackwell” GPU. Two Nvidia B100 GPUs are paired with one Arm-based processor. For reference, AI-oriented GPU-based servers often leverage multiple Nvidia GPUs, sometimes eight or more, alongside an Intel CPU to facilitate parallel processing, essential for AI tasks such as deep learning and neural network training. Nvidia’s latest Grace Hopper Superchip combines its own GPUs with Arm’s high-performance Neoverse cores.

Arm-based chips are powering Microsoft’s surface laptops that are shipping on June 18, These laptops are equipped with Qualcomm’s or Plus chip to compete more effectively against Apple’s MacBook laptops.

Google’s first custom Arm-based CPUs–the Axion Processors–designed for the data center, will be available to Google Cloud customers later this year. Google says Axion processors will deliver 30% better performance than the fastest general-purpose Arm-based processors available in the cloud and deliver up to 50% better performance and up to 60% better energy-efficiency than comparable current-generation x86-based CPUs.

It should be noted that Intel has a lower market cap vs. even Arm.

Last week, Intel began to ship the first of its next generation Xeon server processors–a Xeon 6 “efficiency”-model (E-core) designed for public and private clouds where power efficiency and performance are critical. The more powerful “performance” version (P-core) of the Xeon 6– designed to run computationally intensive AI models–is slated to arrive in the third quarter.

A lot hinges on the Xeon 6 chips for Intel in its attempts to reclaim data center market share for x86 chips from AMD. A citing data from Mercury Research states that “Intel’s share of the data center market for x86 chips has declined 5.6 percentage points over the past year to 76.4%, with AMD now holding 23.6%.”

Intel notes that its Xeon 6 P-core processors will perform AI inferencing 3.7 times better than AMD EPYC processors, while Xeon 6 E-core processors will provide 1.3 times better performance per watt over AMD EPYC chips on media transcoding workloads.

The Xeon 6 ‘efficiency’ model has a 144-core count giving it a lead over AMD’s 4th generation EPYC processors with up to 128-core count. An increasing core count means superior performance as multiple cores enable parallel processing.

However, AMD is not resting on its laurels. AMD’s fifth generation EPYC processors, code-named Turin, will feature up to 192 cores and arrive in the second half of this year. In turn, Intel is planning to release a 288 e-core of the Xeon 6 early next year.

Intel is pricing its Gaudi 2 and Gaudi 3 AI chips much cheaper than Nvidia’s H100 chips. Intel claims that the new Gaudi 3 accelerator delivers “50% on average better inference and 40% on average better power efficiency” vs. Nvidia’s H100 at “a fraction of the cost.” The Gaudi 3 will be widely available in the third quarter.

A Gaudi 3 accelerator kit, which includes eight AI chips, is priced at $125,000, and the previous generation Gaudi 2 costs $65,000. The pricing of the Gaudi 3 accelerator kit appears comparable with AMD’s flagship AI accelerators–the Instinct MI300 lineup, also pitted directly against Nvidia’s H100 GPUs. Reportedly, an Instinct MI300X GPU sells for approximately $15,000.

AMD’s MI300X GPU, which has been around longer, could not dent the demand for Nvidia’s H100 AI GPUs that reportedly cost between $30,000 and $40,000, about 2x its prices. So, it is uncertain if the low prices of Gaudi 3 will make any sizable impact on H100 demand, but it should be noted that Gaudi 3 has gained support from major players like Dell, HPE, Lenovo, Supermicro, Asus, Gigabyte and QCT. AMD expects to launch the MI350 series of chips next year. The MI350 is based on an entirely new architecture, and expected to have 35x better inference capabilities.

Probably in a bid to neutralize the cost advantage touted by competition, Nvidia has signaled solid returns on investment (ROI) of 5x to 7x for customers spending on Nvidia infrastructure. In fact, Nvidia is its own best competition, as it shifts to a new “one-year rhythm” to release new chip architecture, marking a significant acceleration from its two-year cycle.

In a question to how Nvidia customers, who have spent billions of dollars on existing products, would respond to its newer offerings that quickly surpass the capabilities of existing ones and outpace the rate at which the value of the existing products depreciates, Huang suggested that performance-averaging will be the smart way for businesses to deal with “a whole bunch of chips coming at them” when making and saving money are immediate priorities and time is of essence.

Nvidia has deflated concerns of any demand slowdown as it transitions from its current Hopper AI platform to the more advanced next generation Blackwell system. Blackwell has an inference capability that is 30x of Hopper’s, while consuming 25x less cost and energyLucknow Stock. So, the analysts were worried if customers would hold off on Hopper orders because of the upcoming Blackwell launch. However, Nvidia said it witnessed increasing demand for Hopper through the quarter (which is after it announced Blackwell) and expects demand to outstrip supply for some time as the transition happens. Besides, Blackwell systems are designed to be backward-compatible, making the transition easy for customers. The demand for both Hopper and Blackwell platforms is well ahead of supply and is expected to continue well into the next year.

Intel expects about $500 million in Gaudi 3 sales this year, while AMD sees about $3.5 billion in annual AI chip sales and Nvidia’s data center business with its AI GPUs is estimated to generate a whopping $57 billion in sales in the second half of the year.

If Nvidia’s GPUs continue to be in overwhelming demand, it is because of its CUDA software stack that allows developers to leverage the parallel processing capabilities of Nvidia GPUs for accelerating machine learning workloads.

Nvidia was ready with the battle-seasoned CUDA years before the boom in deep learning, giving it the early mover advantage. The expansive libraries and tool sets built on CUDA and the integrated native support for CUDA GPU acceleration from major learning frameworks such as TensorFlow, PyTorch, Caffe, Theano and MXNet set the ball rolling. CUDA became the golden standard for GPU acceleration and became deeply ingrained into all aspects of the AI ecosystem.

CUDA alternatives like AMD’s MIOpen, Intel’s oneAPI and even vendor-agnostic frameworks like OpenCL have stumbled due to limited user adoption stemming from the inadequate tooling and support compared to CUDA. Migrating sophisticated neural network codebases from CUDA to alternate programming paradigms continues to pose a solid challenge.

Despite the attempts to unseat CUDA going south, Nvidia has never been negligent about competition. On the contrary, it ensures its market dominance, by constantly evolving its CUDA capabilities and high-performance libraries to accelerate various aspects of deep learning workflows on Nvidia GPUs. Nvidia’s partnerships with the likes of Berkeley university and Facebook help optimize popular deep learning models on CUDA. Besides, Nvidia is the darling of a risk-averse enterprise clientele that would prefer a proven technology as the CUDA.

The efforts to reduce reliance on Nvidia and democratize access to non-CUDA-centric acceleration is gaining momentum.

AMD is taking aim at NVDA’s dominance, by leveraging its open-source ROCm framework that competes directly with the de-facto CUDA standard. ROCm is supported by Google’s open-source machine learning framework -TensorFlow, while PyTorch, another major framework, has introduced initial native AMD GPU integration on an experimental basis to reduce the CUDA lock-in.

Other initiatives from PyTorch include Layer-wise Adaptive Rate Scaling (LARS) to aid in scaling deep learning tasks across diverse hardware platforms. A unified memory allocator in PyTorch 1.11 brings performance improvements to AMD GPUs and Apple M1 chips with unified memory architectures, while the graph mode execution backend introduced in PyTorch 1.5 extends support to workflows on non-Nvidia hardware like Intel integrated GPUs and budget AMD cards with typically lesser memory capacities.

OpenAI’s heavy investment in CUDA/ROCm portability layers like Triton also aims to reduce reliance on Nvidia.

Intel is investing heavily to render oneAPI as a reliable alternative to CUDA. While CUDA is not disappearing overnight, the momentum in shift towards CUDA alternatives underscores the reality that the era of proprietary AI hardware stacks may not last forever.

Stop chasing shadows in the market. Forbes’ expert analysts have pinpointed the 12 superstars poised to ignite returns in 2024.

Sovereign AI: Nvidia expects its Sovereign AI revenue to approach the high single-digit billions this year, from nothing last year, by helping jumpstart the AI ambitions of nations across the world.

Automotive vertical: Automotive is expected to be Nvidia’s largest enterprise vertical within the data center segment this year, driving a multibillion revenue opportunity across on-prem and cloud consumption.

Blackwell platform: The next generation Blackwell platform, which enables real-time generative AI on trillion-parameter large language models, is in full production with shipments slated to begin in the second quarter, and ramp in the third quarter with data centers standing up for customers in the fourth quarter. Nvidia expects to see a lot of Blackwell revenues this year.

Spectrum-X: In the first quarter, Nvidia started shipping its new Spectrum-X Ethernet networking solution that enables Ethernet-only data centers to accommodate large-scale AI. Spectrum-X is ramping in volume with multiple customers, and should ramp to a multibillion-dollar product line within a year.

Intel is hoping that 2024 would be the trough for operating losses in its struggling Foundry business, which deepened its operating loss to $7 billion in 2023 from a loss of $5.2 billion in 2022 on a 31% Y-o-Y revenue drop to $18.9 billion. Intel expects the Foundry business to break even midway between the current quarter and the end of 2030, and to drive considerable earnings growth over time.

In March, Intel was awarded up to $8.5 billion in direct funding, and the option to receive federal loans of up to $11 billion, under the CHIPS Act that aims to build semi fabs on U.S. soil, to protect against a supply crunch if China ever invaded Taiwan. The proposed funding will help Intel advance its commercial semiconductor projects in Arizona, New Mexico, Ohio and Oregon, while supporting its plans to invest more than $100 billion in the U.S. over five years to expand U.S. chipmaking capacity and capabilities and accelerate AI technologies.

It was almost a cinch that Intel would be a key beneficiary of the CHIPS Act, because it operates factories, or fabs that manufacture chips, in addition to designing processors. AMD and Nvidia, are fabless, and only design the chips that are manufactured by TSMC. Intel hopes to get a solid piece of the contract manufacturing business, as it attempts to position its fabs for making AI chips for rival semi companies, as well as its own.

For the first quarter, Intel reported a 10% drop in revenue for its foundry business, and operating losses of $2.5 billion. But Intel expects quarter-over-quarter improvement in its foundry business until 2030.

Intel sees the foundry segment achieving 40% non-GAAP gross margins and 30% operating margins by the end of 2030, while it plans to steer the Intel Products business towards a 60% gross margin and 40% operating margin.

After lagging TSMC for many years, Intel finally expects to return to process technology leadership by 2025 with Intel 18A, and its five-nodes-in-four-years (5N4Y) process roadmap on track. The 18A is Intel’s next-generation technology to manufacture 1.8 nm chips. This will be equivalent to TSMC’s proposed 2nm around the same time-frame.

However, TSMC is refuting Intel’s claim by saying that its N3P process will maintain technical superiority over Intel’s sub-2nm 18A. N3P is tracking ahead to be production ready in the second half of this year and will be on the market earlier. TSMC noted that the N3P process will match Intel’s 18A node in power, performance, and density despite the difference in size (of 3nm versus 1.8nm). TSMC also says that it will enjoy the early mover advantage that will offer it a technical superiority over the 18A because the N3P nodes will come at a lower cost with proven prowess.

TSMC’s arguments about early-to-market advantages somewhat resonate with the comments from Nvidia founder and CEO Jensen Huang about the strategic imperative of staying ahead in the AI race rather than aiming for merely incremental improvements, when he posed the question, “do you want to be repeatedly the company delivering groundbreaking AI or the company delivering 0.3% better?

Intel has mostly been a laggard and is now playing catch-up, vs. enjoying an early mover advantage. However, this may not signify much, when Microsoft–the largest U.S. company is making a bet on Intel’s 18A process to manufacture a forthcoming in-house designed chip. As of May 30, Intel noted that it had 6 Intel 18A external foundry customers and a lifetime deal value of greater than $15 billion.

The same Microsoft that eagerly embraced Intel’s 18A, said the new “Copilot+ PC” AI features for its Windows 11 will require at least 40 TOPS (trillion operations per second), which implied that it could not run on Intel’s Meteor Lake hardware that delivered 11.5 TOPS. Microsoft chose Qualcomm’s Snapdragon X Elite that offers a Neural processing Unit (NPU) with 45 TOPS.

The Windows Copilot+ PCs help users to be more productive and creative. For reference, you can quickly retrieve information by typing in cues, quickly find, create, summarize and analyze information without opening multiple apps and files and convert your words into a PowerPoint presentation with visuals.

With the next generation Lunar Lake, Intel is moving past its Meteor Lake limitations. The chip giant is promising 50% faster graphics performance on Lunar Lake compared to Meteor Lake. The Lunar Lake will have a NPU that delivers 48 TOPS. This implies that it could outperform Qualcomm’s Snapdragon X Elite.

However, Qualcomm’s Snapdragon X Elite-powered Copilot+ PCs will arrive on June 18, giving Qualcomm a head-start over Lunar Lake, which is expected to be launched in the third quarter. Meanwhile, AMD’s Ryzen AI 300 mobile SoC sets a new benchmark with 50 TOPS (above Microsoft’s Copilot+ requirement), and notebooks based on it will debut in July. AMD says it is working with Microsoft to meet the new Copilot+ standards.

After years of being a laggard, Intel stock offers a contrarian opportunity with its new products, processes, support from the U.S. government and major tech companies, and a projected turnaround for its Foundry business. The former chip legend has strived to make up for a lost decade via investments and strategic partnerships in its foundry services. Intel’s willingness to open up its fabs for third-party customers will not only generate new revenues, but position it on the good side of the U.S. government that wants its silicon chips homegrown and the benefits could reflect as further tax incentives, fundings and federal loans. However, strong execution of strategic priorities will be key for potential upside. With a multi-year execution cycle still ahead, risks include any delays in launch timelines and Intel continuing to cede the head-start advantage to rivals. Key watchpoints on progress will include quarterly earnings reports and product launches going as planned.

Intel stock valuation: INTC trades at a one-year forward price/earnings of 16x, (based on its 2025 EPS estimate of $1.98). The year 2025 is taken as reference, as Intel expects to return to process technology leadership next year. Assuming a conservative multiple rerating to 19x (below INTC’s 5-year average p/e multiple of 23x), we arrive at a stock price target of around $37 that represents about 20% upside from current stock price levels.

Despite the stunning 3,000+% rally in the past five years, the Nvidia stock has more steam left. Dethroning Nvidia will be a herculean challenge for competition, which at best can likely position itself as a viable alternative and collectively claim approximately 20% to 25% of market share in the AI hardware landscape. As long as Nvidia evolves and enhances its CUDA moat, it has nothing much to be concerned about. CUDA is its biggest strength and weakness. If the CUDA monopoly is broken, the competitive edge can unravel quickly. Efforts of its customers-cum-rivals are already underway to reduce the CUDA lock-in. The consolation is Jensen Huang is well aware of the situation and he is not going to sit back and watch his lifetime work sink into oblivion. In any case, displacing CUDA is more than an overnight process. Expansion beyond cloud service platforms to multiple multibillion-dollar verticals, including consumer Internet companies, and enterprise, Sovereign AI, automotive and healthcare customers will inspire the next wave of growth for Nvidia. That said, no stock will have a straight upward trajectory and will provide buying opportunities along its journey and that’s true of the Nvidia stock as well.

Nvidia Stock Valuation: NVDA trades at a one-year forward price/earnings of 34x, (based on its 2025 EPS estimates of $3.55). Assuming a conservative multiple rerating to 40x (below the 5-year average p/e multiple of 47x), we arrive at a stock price target of $142 that represents roughly 17% upside from current stock price levels.

AMD stock is a key AI bet, as tech giants and AI frameworks strive to break the CUDA dominance. AMD’s open-source ROCm pitted against the CUDA de-facto standard is supported by Google, PyTorch, OpenAI and more. AMD has perfected the art of being a runner-up after several years of vying with Intel for X86 CPU server market share, even as it continues to evolve and compete against Intel, Nvidia and Qualcomm in several aspects of AI. The AMD stock is 30% off its 52-week highs reached in March this year. The selloff creates a buying opportunity.

AMD Stock Valuation: AMD trades at a one-year forward price/earnings of 29x, (based on its 2025 EPS estimate of $5.54). Assuming a conservative multiple rerating to 35x (below the 5-year average p/e multiple of 43x), we arrive at a stock price target of nearly $194 that represents 20+% upside from current stock price levels.

Two other stocks outside of the trio–Nvidia, AMD and Intel–include TSMC (TSM) and Arm (ARM). Both stocks appear well positioned to benefit from the heating AI chip battles, especially TSMC.

Shares of Nvidia, AMD and Intel likely offer 17% to 20% upside potential from current price levelsKanpur Investment. TSMC and Arm also appear well positioned to benefit from the heating AI chip battles.

Please note that I am not a registered investment advisor and readers should do their own due diligence before investing in this or any other stock. I am not responsible for the investment decisions made by individuals after reading this article. Readers are asked not to rely on the opinions and analysis expressed in the article and encouraged to do their own research before investing.

Agra Wealth Management

The following table highlights the list of best ethanol shares in India 2024 as per analyst ratings. The list is based on stock ratings provided by analysts who rate a stock after a detailed study of the market-

Best Ethanol Stocks in India (as per analyst ratings)

BUY Analyst Rating (in %)

Dwarikesh Sugar Industries

Triveni Engg

Balrampur Chini Mills Limited

*Our stock selection criteria for top stocks based on analyst ratings are mentioned at the bottom of this blog.

The following table gives a list of the best ethanol company stocks in India based on their market capitalisation:

Best Ethanol Sector Stocks in India (as per Market Capitalisation)

₹ Crore

EID-Parry (India)

₹14,533

Shree Renuka Sugars

₹9,985

Balrampur Chini Mills Limited

₹11,493

Triveni Engg

₹9,853

Bajaj Hindusthan Sugar

₹5,181

*Our stock selection criteria for top stocks based on Market Capitalisation are mentioned at the bottom of this blog.

Here is a brief overview of the top ethanol shares in India as per analyst ratings and market capitalisation outlined above.

Revenue

(Rs Cr)

Revenue CAGR growth (%)

Profit/Loss

(Rs Cr)

Profit CAGR growth

Q1 FY25

3 year

5 year

Q1 FY 25

3 year

5 year

Dwarikesh

341.25

E.I.D. Parry (India)

29,413

6,746.79

225.87

Shree Renuka Sugars

11,319

-32.48

Balrampur Chini Mills

1421.59

Triveni Engineering & Industries

1300.65

Bajaj Hindusthan Sugar

1,385.68

-56.17

-33.13

Working Capital Days

Price to Earnings(P/E)

RoCE (%)

Price to Sales (P/S)

Debt to Equity

Dwarikesh Sugar

E.I.D. Parry (India)

Shree Renuka Sugars

-13.46

Balrampur Chini Mills

Triveni Engineering & Industries

Bajaj Hindusthan Sugar

-42.07

Incorporated in the year 1993, Dwarikesh Sugar Industries Limited is a producer of sugar, ethanol, power, sanitisers, bagasse, fertilisers, pesticides, molasses, and many other products.

Dwarikesh Sugar works with around 1.54 lakh sugarcane farmers across three locations spanning more than 1.17 lakh hectares. Its sugarcane procurement amounts to approximately 382 lakh quintals. Its primary manufacturing units are located in Uttar Pradesh at Bundki village, Bahadurpur village in Dhampur Tehsil, and Faridpur Tehsil in Bareilly District. It has operations in other parts of India too, such as Maharashtra, Delhi, and Rajasthan.

Particulars

Change (%)

Q1 FY25

Q1 FY24

Change (%)

Revenue (Rs Cr)

1,709.50

2102.9

-18.71%

341.25

571.21

-40.26%

Gross Profit (Rs Cr)

450.34

-3.77%

-62.85%

Net Profit (Rs Cr)

104.74

-20.26%Kolkata Wealth Management

-123.93%

EBITDA Margin (%)

12.67%

10.87%

16.56%

13.60%

-93.75%

ROE (%)

10.70%

14.83%

-27.85%

-1.18%

-121.49%

ROCE (%)

12.59%

15.47%

-18.62%

-1.10%

-112.50%

During the first quarter of the financial year 2024-25 (Q1 FY25), the company sold 6.75 lakh quintals of sugar vis-à-vis 9.70 lakh quintals in the corresponding quarter of the previous year – that’s about three lakh quintals less. The primary reason was the early closure of the sugar season 2023-24, which resulted in lower sugarcane crushing activities in Q1.

However, the company was able to sell sugar at a higher price of Rs 3,833 per quintal in Q1 FY25 compared to Rs 3,608 in Q1 FY24. That’s a 6% increase in the current quarter.

The company sold about 123 lakh litres of industrial alcohol compared to 303 lakh litres year-on-year (YoY).

Sugar is sold only against releases. So, since releases were lower during FY24, sales were also lower. In the full year FY24, the company sold 27.52 lakh quintals versus 42 lakh quintals in the last year, which included exports of about 10 lakh quintals. This year there was a ban on exports.

For the full year, industrial alcohol sales were about 94,407 kilolitres compared to 84,175 kilolitres sold in the previous year. During FY24, only 20,944 kilolitres of industrial alcohol were made from sugarcane juice and syrup, compared to 46,203 kilolitres in the corresponding period last year.

No capex is planned for the current year because the crushing numbers were low and due to the negative surprise from the ethanol policy.

Ethanol sales were low during the quarter. This was due to the restrictions imposed by the government on the use of B-heavy molasses and juice for producing ethanol.

In Q1, the net loss of Rs 9.72 crore was chiefly due to overheads not being able to be absorbed. Going forward, the company sees this issue being mitigated.

Triveni Engineering, founded in 1932, is one of India’s largest sugar manufacturing companies. The company has seven state-of-the-art FSSC 22000-certified sugar mills strategically located in the sugarcane-rich belt of Uttar Pradesh.

Triveni Engineering works with over 300,000 sugarcane farmers. A long and close relationship with these farmers has helped the company maintain its product quality and seamless value chain.

Triveni Engineering also operates in various other businesses, viz., engineering, power transmission, water and wastewater treatment solutions, and defence.

Using molasses from sugar production, it produces ethanol and extra-neutral alcohol. According to reports, the company plans to divert 4.5 million tonnes of sugar towards the ethanol program, which amounts to almost 12% of its total sugar production. It also aims to increase its ethanol capacity from 660 kilolitres (kl) per day to 1,100 kl per day.

ParticularsNew Delhi Wealth Management

Change (%)

Q1 FY25Simla Investment

Q1 FY24

Change (%)

Revenue (Rs Cr)

6,151.40

6,310.10

-2.52%

1300.65

Gross Profit (Rs Cr)

1,620.65

2,551.00

-36.47%

301.46

-13.62%

Net Profit (Rs Cr)

1,791.80

-77.94%

-54.16%

EBITDA Margin (%)

13.20%

12.40%

11.40%

-34.21%

ROE (%)

14.21%

78.83%

-81.97%

-66.67%

ROCE (%)

17.57%

57.50%

-69.44%

Net turnover recorded a rise of 8.6% due to a 12% higher turnover in sugar sales and a 5% increase in the sale price of the sweetener. Despite the higher contribution from sugar, profitability of the sugar business was lower on lower output and higher charges by way of off-season expenses.

The industry-wide ban on sugar exports and the prohibition on the use of sugarcane juice to manufacture ethanol negatively affected revenues and profits.

During the quarter, the company did not export sugar.

While the government had set a target of 15% ethanol blending with fossil fuels, the final figure was 13%Bangalore Investment. Though content with this figure for now, going forward, it hopes this number will rise to 20%.

An interesting development was the introduction of maize as a feedstock. Triveni experimented with maize and was successfulLucknow Investment. It now uses maize too, as a feedstock for the production of ethanol, which is then supplied to oil marketing companies (OMCs).

Despite weaker revenues, the profit before interest and taxes (PBIT) for the year improved to 29.4% Y-o-Y due to cost optimisation and savings in the various projects that were executed during the year.

The company does not propose to undertake any fresh capex.

Headquartered in West Bengal and established in 1975, Balrampur Chini Mills Limited produces and distributes sugar, alcohol, ethanol, molasses, bagasse, and organic manure. The company operates power plants at the time of sugar production to fulfil its power needs and sells any excess bagasse in the market.

It has 80,000 tonnes per day sugarcane crushing capacity, a distillery capacity of 1,050 kl per day (KLPD) and a saleable co-generation capacity of 175.7 megawatts. The company operates 24 facilities across 10 locations. It uses composting technology to create bio-composts under various brands like Paudh-Sakti, Jaiv-Shakti, and Devdoot.

Particulars

Change (%)

Q1 FY25

Q1 FY24

Change (%)

Revenue (Rs Cr)

5593.74

4,665.86

19.89%

Gross Profit (Rs Cr)

1,676.81

1,256.00

33.50%

-5.77%

Net Profit (Rs Cr)

534.47

284.16

88.09%

-4.76%

EBITDA Margin (%)

14.05%

10.97%

28.08%

12.73%

13.01%

-2.15%

ROE (%)

17.04%

10.03%

69.89%

-18.90%

ROCE (%)

20.82%

10.44%

99.43%

-14.58%

Q1 FY25 revenues and profit after tax (PAT) fell over 2% and 5%, respectively. The muted numbers were mostly due to regulatory issues surrounding its distillery operations. This resulted in lower ethanol production.

Sugar sales volumes and realisation grew by 3.1% and 5.5%, respectively. The earnings before interest and taxes (EBIT) margins of the distillery business rose by 96 bps y-o-y to 19.1%.

Sugarcane crushing was lower by about 54%, and sugar production fell by about 48%. This was due to lower sugarcane availability. This in turn negatively affected the distillery segment. Also, the fixed overheads could not be absorbed fully in this quarter owing to a lesser number of crushing days (season). Consolidated revenue was up 2.3% YoY to Rs 1,422 crore on a 3% growth in sugar volumes and a 5% growth in sugar realisations.

EID-Parry (India) Limited is engaged in the production of sugars, sanitisers, super grains, and nutraceuticals. Based in Chennai, it is part of the ₹57,000-crore Murugappa Group.

The company is renowned for establishing India’s first sugar plant in 1842. It operates six sugar plants and one standalone distillery across South India, with cutting-edge facilities for sugar crushing, co-generation and distillation. These state-of-the-art plants have a combined sugarcane crushing capacity of 40,300 TCD, co-generation capacity of 140 MW and a distillery capacity of 417 KLPD. It works with over 100,000 farmers by training them on scientific methodologies to increase yield and productivity.

Additionally, EID Parry leads globally in organic spirulina and microalgal products. Its nutraceuticals business includes major international certifications and manufacturing plants in Tamil Nadu. The company also has subsidiaries involved in refined sugar and farm inputs.

Particulars

Change (%)

Q1 FY25

Q1 FY24

Change (%)

Revenue (Rs Cr)

29,413.11

35,244

-16.54%

6,746.79

7,026.45

-3.98%

Gross Profit (Rs Cr)

6,766.56

7,322.00

-7.59%

-8.51%

Net Profit (Rs Cr)

1,617.00

1,827.00

-11.49%

225.87

-30.48%

EBITDA Margin (%)

-15.73%

ROE (%)

24.67%

32.10%

-23.15%

-41.06%

ROCE (%)

-45.65%

-36.21%

During the quarter, YoY revenue was lower due to lower release, and no exports.

In the distillery operations, Q1 sales were about Rs. 3.9 crores litres, consisting of 1.73 crore extra neutral alcohol (ENA) and 2.17 crore litres of ethanol. YoY, sales were 3.43 crore litres, of which 1.2 crore litres were ENA and 2.23 crore litres of ethanol. The average price realisation was Rs 64.31 per litre compared to Rs 61.8 per litre in the previous year.

Going forward, policy changes in ethanol blending, exports, and MSP will set the tone for the company.

Shree Renuka Sugars is one of the biggest ethanol producers and sugar refiners in India. The company’s green energy business includes producing ethanol for blending into petrol and generating electricity. It is one of the major contributors to the Indian government’s ethanol blending program. The company operates eight modern sugar mills, some of which produce ethanol.

The company has an ethanol production capacity of 1,250 kl per day. It is aiming to increase this capacity even further.

Particulars

Change (%)

Q1 FY25

Q1 FY24

Change (%)

Revenue (Rs Cr)

13,319.00

47.66%

32.83%

Gross Profit (Rs Cr)

1,921.70

1,570.36

22.37%

23.30%

Net Profit (Rs Cr)

-627.20

-196.70

218.86%

-166.2

-138.9

19.65%

EBITDA Margin (%)

13.95%

-44.01%

ROE (%)

ROCE (%)

20.89%

11.74%

77.94%

-2.50%

-8.80%

-71.59%

(Will be updated after AGM is conducted on 24 September 2024.)

Bajaj Hindusthan Sugar Limited is one of the top sugar and ethanol manufacturers in India. Based in Maharashtra, it operates 14 sugar plants in Gola Gokaran Nath, Thana Bhawan, Budhana, Palia Kalan, and Khambharkhera, among others. These plants have a combined crushing capacity of 136,000 tonnes of sugarcane per day and a distilling capacity of 800 kl of alcohol daily.

The company is a major ethanol producer, making 38 million litres annually, with plans to increase it to around 218 million litres a year. Additionally, Bajaj Hindusthan generates about 430 megawatts of power from bagasse at its sugar mills. It also operates five coal-fired power plants, generating an extra 450 megawatts for the state grid.

Bajaj Hindusthan is a major player in the sugar industry in India. During the 2021-22 sugar season (October to September), the company accounted for a significant 12% of the sugar production in Uttar Pradesh. However, its debts have been a problem for a long time.

To resolve this issue, it had undergone two debt resolution plans. That still didn’t solve the issue and Bajaj Hindusthan owed banks about Rs 4,771 crore. Of this, a maximum of around Rs 1,192 crore was owed to SBI. The company was declared a non-performing asset (NPA), and SBI and other banks took the company to the National Company Law Tribunal (NCLT).

However, the NCLT allowed SBI to withdraw the petition when the management said it would pay the entire dues. In fact, banks would not have to take a haircut in this case.

Particulars

Change (%)

Q1 FY25

Q1 FY24

Change (%)

Revenue (Rs Cr)

10,832.70

24.72%

Gross Profit (Rs Cr)

1,921.70

1,570.36

1464.9

41.08%

Net Profit (Rs Cr)

-627.20

-196.70

16.43%

EBITDA Margin (%)

-78.61%

ROE (%)

ROCE (%)

While you might find ethanol stocks appealing for investment, it is in your best interest to consider the influencing factors before making a decision. Some of these critical factors are as follows:

The Indian Government may offer subsidies and tax incentives to ethanol producers, influencing stock prices positively.

Policies like the National Biofuel Policy and the Ethanol Blending Program promote biofuel usage, encouraging investment in ethanol companies. You should check the ethanol blending targets set by the government in the past and for the future and see if these targets are being met.

While looking for ethanol stocks for investment, study in detail the demand for ethanol in the country and the potential for exports.

Ethanol production relies on crops like corn and sugarcane, which are sensitive to weather. Droughts, floods, and other extreme weather events can reduce crop yields, negatively affecting ethanol production and stock prices.

Ethanol is used as a fuel additive with petrol and diesel. When crude oil prices rise, ethanol becomes more attractive, potentially increasing the stock prices of companies in this sphere. Conversely, falling crude oil prices can lead to decreased demand for ethanol and lower stock prices.

The production capacity of ethanol companies is crucial. Higher production capacity allows companies to meet demand effectively, potentially boosting stock prices. Also, the technology used and efficiency levels in ethanol production are vital factors prospective investors should consider.

Ethanol producers may export their products, and fluctuations in exchange rates can impact revenue. A weaker local currency can make exports more competitive, increasing revenue and potentially elevating stock prices.

You should carefully analyse the ethanol company’s financial performance by examining its revenue, profit, cash flow trends, growth ratios, and debt levels over the recent years. When evaluating ethanol stocks, prioritise companies with robust financial statements.

When considering investing in the best ethanol stocks, prioritise companies that have a consistent and reliable supply of raw materials like sugarcane and maize, besides infrastructure for manufacturing and sales. This helps reduce the risk of production disruptions and ensures smoother operations for the company.

Ethanol stocks compete for sales through auctions held by oil marketing companies (OMCs). Companies with better margins will have an advantage over their peers.

Also, look for companies that command a bigger market share, as their strengths would be greater than those of other smaller players.

Prospective investors should look at entry barriers for new entrants. The lower the entry barriers, the greater the competition, and vice versa.

Factors such as availability of raw materials, regulatory environment, capital requirements, availability of latest technology, and ready buyers are some of the factors that need to be looked at closely.

It is important to study the management quality to be able to decide on investing. If the company is being led by a team of professional managers, that will give a lot of comfort for all investors – current and prospective.

If the company has a track record of making profits and sharing it with the shareholders, a transparent management style, and not giving undue shocks to investors, the investing public would have a good view of the company.

Thorough research and a balanced approach will help you make informed investment decisions in the ethanol sector. Seek professional advice if needed.

Investing in ethanol stocks requires careful consideration. Factors like commodity prices, government policies, and competition from alternative fuel sources influence the ethanol sectors.

While there is potential for growth in this sector, regulatory changes, market dynamics, and technological advancements can impact their performance.

Before investing in ethanol stocks, it is crucial to undertake research and stay informed about industry developments and government policies. Make sure you regularly review your investment strategy to keep it aligned with your financial goals and risk tolerance.

The ethanol sector in India offers promising investment opportunities amidst the country’s increasing focus on renewable energy sources and reduced reliance on fossil fuels.

Before investing in the top ethanol stocks in India, it is crucial to understand the various factors that influence the market. Moreover, seeking advice from a financial expert who can help you select the best ethanol stocks for maximum return on investment will be a good idea.

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*Stock Selection Criteria for Top Stocks Based on Analyst Rating

Investors must carefully read through the following information on stock selection criteria while running through the stocks based on analyst ratings-

These stocks have been shortlisted as per Analyst ratings provided by the I/B/E/S (The Institutional Broker’s Estimate System) database, further aggregated by Refinitiv. Ratings are determined by analysts’ forecasts of company performance, taking into account metrics like earnings per share, sales, and net income. These ratings should not be construed as investment advice/recommendations/offer/solicitation of an offer to buy/sell any securities by Groww Invest Tech Pvt. Ltd. (formerly known as Nextbillion Technology Pvt. Ltd.).

Before investing, investors must conduct independent research and not solely rely on the information provided here. This will allow investors to make appropriate investment decisions based on their financial goals, investment objectives and risk tolerance.

*Stock Selection Criteria for Top Stocks Based on Market Capitalisation

These stocks are chosen based on their market capitalization, which represents the total value of a company’s outstanding shares. The selection is arranged in descending order, placing the largest companies first and the smaller ones later. This helps prioritize stocks based on their market size.

It is important to note that market capitalization in no way guarantees a company’s performance or the returns from its stocks. However, it can be used as a criterion for shortlisting companies from within a sector. Investors should recognize that other factors, such as financial health, management efficiency, and market trends, play crucial roles in determining the actual success of an investment.

This stock selection should not be construed as investment advice/recommendations/offer/solicitation of an offer to buy/sell any securities by Groww Invest Tech Pvt. Ltd. (formerly known as Nextbillion Technology Pvt. Ltd.).

Disclaimer: This blog is solely for educational purposes. The securities/investments quoted here are not recommendatory.

Agra Wealth Management

An investment in high-dividend-yielding stocks is seen as a solid investment. Dividends are usually paid by profitable and established companies. For investors seeking regular income in times of low interest rates, dividend stocks can provide attractive yields.

There are different index concepts available for investing with in global high-dividend equities. This Investment Guide for global dividend stocks will help you to differentiate between the most important indices and to select the best ETFs tracking indices on global dividend stocks.

The tracks high dividend stocks from developed and emerging economies worldwidePune Investment. Selecting the stocks with the highest dividend yields from its parent index, the FTSE All-World index (excluding REITs), the FTSE All-World High Dividend Yield index aims to reflect 50 percent of the parent index. With 2,165 constituents (as of 28.06.24), the FTSE All-World High Dividend Yield index is by far the largest available dividend index. The selection method is rather straightforward and based on the expected dividend yield for the next 12 months. The selected companies are weighted by their free float market cap.

The focuses on the highest dividend stocks from developed countries worldwide. This dividend index includes 177 companies (as of 28.06.24) which are selected according to quality factors and dividend strength. The selection criteria include a dividend yield of at least 30 percent above the average of the underlying index (MSCI World index) and a non-negative dividend growth rate over the last 5 years. Moreover, the stocks included are filtered according to ESG criteria (environmental, social and corporate governance). The selected stocks are weighted by their free float market capitalization.

The aims at long-term and sustainable dividend growthChennai Investment. It is based on the S&P Global Broad Market Index (BMI), which tracks stocks from developed and emerging economies worldwide. A company is only included in the S&P Global Dividend Aristocrats index if it has at least 10 consecutive years of a controlled dividend policy with rising or stable dividend paymentsJaipur Wealth Management. In addition, pre-defined yield criteria must be met. Despite the strict inclusion rules, the limits for individual securities, sector and country weightings ensure that no cluster risks arise in the indexKanpur Stock. The selected stocks are weighted by their indicated dividend yield.

The tracks 25 to 75 high dividend stocks from developed economies worldwideKolkata Stocks. Financials are excluded. The selection process of the SG Global Quality Income index is based on comprehensive quality criteria (with respect to profitability, solvency, internal efficiency) and balance sheet valuation. To be selected, a firm’s dividend yield must be at least 4 percent. Both the expected and the indicated dividend yield are taken into account. A special feature of the index is the equal weighting of all selected dividend stocks.

The includes a selection of 100 companies from developed countries worldwide that meet criteria for high dividend quality. The global index is formed from the three regional indices STOXX® Europe Select Dividend 30, STOXX® North America Select Dividend 40 and STOXX® Asia/Pacific Select Dividend 30. Securities are selected in the sub-regions based on their indicated dividend yield and their historical dividend policy. The selected stocks are weighted by their indicated dividend yield.

When choosing a global dividend ETF one should consider several other factors in addition to the methodology of the underlying index and performance of an ETF. For better comparison, you will find a list of all global dividend ETFs with details on size, cost, age, income, domicile and replication method ranked by fund size.

Jaipur Stock

Nvidia’s market value has ballooned thanks to its dominance of the computing hardware behind artificial intelligence. The stock price is up some 3000% since 2019 and with a market capitalisation of $3.2 trillion, a move in its share price affects the broader market.New Delhi Wealth Management

Second-quarter revenue will likely have doubled, though even that may disappoint expectations. Options pricing shows traders anticipate a near 10% – or $300 billion – swing in market value, likely the largest earnings move of any company, ever.

The results at the “so-called ‘most important company in the world,’” stand between Wall Street and fresh record highs, noted Capital.com analyst Kyle Rodda, and set the tone for the sector.

“The company’s revenue and sales guidance is a barometer of AI capex, with inferences to be drawn about the health of the other mega-cap tech names,” he said.

S&P 500 futures were steady during early European trading hours, while Nasdaq 100 futures fell 0.01%.

Shares in Australian gambling company Tabcorp were headed for their largest fall since 2008, dropping 17% to a four-year low after the company warned compliance and other costs meant it would miss earnings targets.

Debt and currency markets were steady in the Asia session, though the Australian dollar briefly touched its highest since January at $0.6813 after monthly inflation data was slightly above market forecasts.

Globally, a weakening dollar in anticipation of U.S. rate cuts has lifted most other currencies because markets see U.S. short-term rates, currently above 5.25%, as having the furthest to fall.

The greenback held near its lowest in more than a year against a basket of peers, and was last 0.2% higher at 100.83, hovering above a 13-month low of 100.51 hit in the previous session.

Interest rate futures price 100 basis points of U.S. rate cuts this year and last week Fed Chair Jerome Powell endorsed the start of cuts saying “the time has come”.

The tone contrasts with caution at the Bank of England, which has helped sterling become the top-performing G10 currency with a 4.1% gain for the year-to-date.Kolkata Investment

It hit its highest in more than two years on Tuesday at $1.3269 and eased to $1.3232 in European trade. [GBP/]

“In our view, the BoE is likely to only cut rates once a quarter going forward,” Rabobank senior strategist Jane Foley said in a note, against a forecast for four consecutive 25 bp cuts from the Fed from September to January.

Rates markets were steady with 10-year U.S. Treasury yields at 3.82%, two-year yields at 3.87% and the gap between the two at its narrowest in nearly three weeks.

Heavy selling drove bitcoin down 4% on the dollar to $59,223. Gold held at $2,507 an ounce.

Oil retraced a recent spike as gloom on Chinese demand returned to the fore and Brent crude futures traded at $78.59 barrel. [O/R]

(Reporting by Tom Westbrook and Lawrence White, Editing by Jacqueline Wong and Bernadette Baum)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

Kanpur Stock

But Chuck Tatelbaum, a director with Tripp Scott, a Florida law firm, expects the discounts to happen pretty quickly.Hyderabad Investment

“I think that the sales will run for up to 60 days, and the closures will have taken place by then,” he said. “The rent obligation is just so high.”Pune Stock

Depending on the timeline, the sales could be modest at first. The biggest discounts will come later.

“They will start discounting more and more as time goes on,” said Ray Wimer, assistant professor of retail practice Syracuse. “But it’s a double-edged sword: The item you might want might not be there anymore, but the better deals come later in the process.”

He expects the discounts to start around 20-30%, but eventually climb to 75-80% offKanpur Wealth Management. Any purchases made during the store closing process are final sale, according to the company.New Delhi Investment

While customers haven’t been flocking to the retailer recently, Wimer said the closing news could spur more foot traffic.

“We will likely see an outpouring from folks remembering being at Toys “R” Us. I wouldn’t be surprised if they get a lot of traffic all the sudden.”

Customers with gift cards or store credit need to act fast. A company spokesperson said Thursday that rewards dollars, Endless Earnings and gift cards are being be honored for the next 30 days.

New York Democratic Senator Chuck Schumer wants the toy company to redeem unused gift cards for cash so “they are not as worthless and unwanted as a lump of coal in a stocking,” he said in a release Wednesday.

Lucknow Investment

Is stock market closed on 11th April 2024, Ramadan Eid holiday, Stock market holidays in April 2024: Indian stock, bond, and commodity markets will remain shut today, April 11 on account of Ramadan Eid. Trading on the stock exchanges BSE and National Stock Exchange (NSE), the commodity exchanges MCX and NCDEX, and the bond markets will resume on Friday, April 12.

According to the BSE website, bseindia.com, trading across cash, derivatives, and SLB, or securities lending and borrowing segments, will be unavailable today, April 11.

The domestic stock market will resume trading normally tomorrow, April 12 at 9:15 am, following a fifteen-minute pre-opening session starting at 9:00 am, according to the BSE and NSE websites.

Multi Commodity Exchange (MCX) will remain shut for the morning session on account of Ramadan Eid and will resume trading in evening session. MCX conducts trading from 9:00 am to 5:00 pm and then from 5:00 pm to 11:30/11:55 pm session.

The stock market will next remain closed on April 17 on the account of Ram Navami.

May 1, 2024: Wednesday, Maharashtra Day

May 20, 2024: Lok Sabha Elections

June 17, 2024: Monday, Bakri Id

July 17, 2024: Wednesday, MuharramSimla Wealth Management

August 15, 2024: Thursday, Independence Day/Parsi New Year

October 2, 2024: Wednesday, Mahatma Gandhi Jayanti

November 1, 2024: Friday, Diwali Laxmi Pujan*

November 15, 2024: Friday, Gurunanak JayantiMumbai Wealth Management

Indore Stock

Below, we explore the types of website monitoring and website monitoring best practices you can implement to drive business growth and create an excellent user experience on your site.

Use our suggestions to inform your website monitoring checklist, and pick the ones specific to your business and customer goals.

Monitoring your website’s uptime and downtime (or how available and operational it is to users) is crucial—regardless of whether you’re running a SaaS product, web service, or ecommerce site.

Users typically won’t wait around for pages to load, especially if they’re ready to purchase a solution. To effectively convert visitors, you need to make sure they can access your site or service. Uptime monitoring lets you spot website availability issues before they negatively impact the user experience.

So, how do you track your website’s uptime or downtime? Use website monitoring tools like Uptrends or Better Uptime to check your service-level agreement (SLA) compliance, and set your SLA definitions to monitor important uptime KPIs and metrics. These metrics might include:

Uptime percentage/high availability: the average amount of time your website is available to visitors. Use this metric to identify which parts of your website regularly become inaccessible or unavailable.

Operator response time: or the length of time an error can go unattended before an operator acts to resolve it

Time to first byte: the elapsed time it takes your web server to deliver data to users. Determine how long it takes visitors to access and experience certain website elements.

Search query response time: or the time it takes a user to get a response to their search requests

Track downtime using automated downtime monitoring tools like Datadog that learn from a downtime history database to prevent additional outages, and immediately alert you to issues like expiration notices

A breach of personal data and user trust can make customers totally abandon a product or brand. Security monitoring helps you prevent cyberattacks, maintain your brand’s reputation, and keep your customer data safe.

How to monitor your website’s security and prevent hacks or hijacks:

Outsource to a professional cybersecurity monitoring company for in-depth expertise in cyber threat detection (in addition to your devs department)

Hire a pen-testing team to simulate a real website hack to expose any unknown security vulnerabilities or threats

Use website security software like GoDaddy or SolarWinds, or static analysis tools like Synk that continuously monitor threats like malware, blacklisting, or hacking

Use KPI tracking tools like UpGuard to follow security-based website monitoring metrics like:

Level of preparedness: the number of devices that are fully up to date in your network

Unidentified devices on internal networks: the number of potentially harmful devices within your network. Employees can unintentionally bring malware into your system— simply by connecting to your network.

Security incidents: the number of times an attacker breaches your network or information assets

Intrusion attempts: the number of times an attacker attempts to gain unauthorized access

Mean time to detect and resolve: the average time it takes to detect and resolve a cyber attack

Average vendor security rating: your organization’s threat landscape

Your website’s performance determines a user’s likelihood of staying to explore your website—especially since website speed and page-load times impact 70% of consumers’ chances of converting.

Website performance monitoring makes sure you’re providing an intuitive, optimized experience for your users that lets them complete their tasks and accomplish their goalsKolkata Stocks. Focus on website speed, content organization, and optimized web design to positively influence conversion rate optimization and elevate the user experience.

Let’s explore some ways to monitor your site’s performance:

Use Google PageSpeed Insights to test and monitor your website’s overall loading speed and see if your website’s actively meeting user needs. Test My Site lets you check your mobile responsiveness and speed.

Place feedback widgets on key areas of your site, including home, landing, checkout, and product pages, and ask users if you’re creating an intuitive user experience and what you could improve

A/B test crucial conversion pages and web design elements—like CTA or search bar placement—to see which design variant resonates with users. If you’re using Hotjar for synthetic monitoring, you can integrate the platform with tools like Optimizely and Google Optimize—and watch recordings of different user types exploring your variations.

Use website performance monitoring software, like GTmetrix or Pingdom, to see exactly how your site is performing and what to improve. Key performance monitoring metrics might include:

Page load time: the time it takes a page to fully load

Resolve time: the time it takes to form a TCP/IP connection or resolve a domain name to an IP address

TCP Connect: the amount of time it takes to form an initial IP connection to the server

Send time: the time it takes (after forming a connection) for a user to request or ‘get’ contentSimla Investment

Wait time: the time it takes from sending a request to getting the server to respond

Receive time: the time it takes the first data byte and last data byte to reach a browser

Watch recordings of user sessions on your website to observe how users experience your site and whether your web design, content layout, and navigation elements make sense throughout their journeyNew Delhi Investment. Session recordings are a type of real user monitoring (RUM) approach, as they let you access replays of user sessions in the wild. Hotjar Recordings also help you with transaction testing by letting you see how users search, type, and fill out forms on your website.

Tracking user behavior on your website gives you key insights into the user experience—and how their behavior impacts product or website success.

For example, after updating your product pricing plans, your SaaS business might track user retention rates to determine if your new prices align with user or market demand. Or, if you’re an ecommerce company, you might track cart abandonment rates to determine how customers react to a new checkout process.

So, how do you monitor user behavior on your website?

Analyze heatmaps of user activity on your web pages to see where users click and how far they scroll to determine if you’re creating an engaging, intuitive user and product experienceJaipur Wealth Management

Administer timed surveys throughout the customer journey and ask about their experience directly to determine what’s driving their behavior and what you could improve

Refer to your CRM platform for insights into persona-based purchasing history, past interactions, and sales figures. Use your data to draw connections between spikes in website activity and conversion.

Use web analytics tools like Google Analytics to spot trends in user behavior. Analytics-based monitoring is essential to understand the performance of your website and helps you track key metrics like:

Bounce rate: the percentage of visitors who leave a web page without performing an action

Average session duration: the average time a visitor spends on your website

Retention rate: the percentage of users who keep using your product or return to your website over a given period of time

Surat Investment

MEDIA ADVISORYHyderabad Wealth Management

25th October, 2024

Squads for India’s tour of South Africa & Border-Gavaskar Trophy announced

The Men’s Selection Committee on Friday announced the squads for India’s tour of South Africa and the Border-Gavaskar Trophy in Australia.

India’s T20I squad is set to play a 4-match T20I series against South Africa and will play their first T20I in Durban on 8th November.

India’s squad for 4 T20Is against South Africa: Suryakumar Yadav (C), Abhishek Sharma, Sanju Samson (WK), Rinku Singh, Tilak Varma, Jitesh Sharma (WK), Hardik Pandya, Axar Patel, Ramandeep Singh, Varun Chakaravarthy, Ravi Bishnoi, Arshdeep Singh, Vijaykumar Vyshak, Avesh Khan, Yash Dayal.

Notes:

1) Mayank Yadav and Shivam Dube were unavailable for selection owing to injuries.

2) Riyan Parag was unavailable for selection and is currently at the BCCI Centre of Excellence for long term resolution of his chronic right shoulder injury.

India’s Tour of South Africa I 2024

S. No.

Friday

08-Nov-24

1st T20I

Durban

Sunday

10-Nov-24

2nd T20I

Gqeberha

Wednesday

13-Nov-24

3rd T20I

Centurion

Friday

15-Nov-24

4th T20I

Johannesburg

After the completion of the 3-match Test series against New Zealand, India are set to play a 5-match Test series in Australia, part of the Border-Gavaskar Trophy starting 22nd November in Perth.

India’s squad for the Border-Gavaskar Trophy: Rohit Sharma (C), Jasprit Bumrah (VC), Yashasvi Jaiswal, Abhimanyu Easwaran, Shubman Gill, Virat Kohli, KL Rahul, Rishabh Pant (WK), Sarfaraz Khan, Dhruv Jurel (WK), R Ashwin, R Jadeja, Mohd. Siraj, Akash Deep, Prasidh Krishna, Harshit Rana, Nitish Kumar Reddy, Washington Sundar.New Delhi Investment

Reserves: Mukesh Kumar, Navdeep Saini, Khaleel Ahmed

Note: Kuldeep Yadav was unavailable for selection for the tour of Australia since he has been referred to the BCCI Centre of Excellence after the end of the ongoing Test series against New Zealand for long term resolution of his chronic left groin issue.

Border Gavaskar Trophy I 2024-25

S. No.

Date (From)

Date (To)

Friday

22-Nov-24

Tuesday

26-Nov-24

1st Test

Perth Stadium, Perth

Friday

06-Dec-24

Tuesday

10-Dec-24

2nd Test (D/N)Chennai Stock

Adelaide Oval

Saturday

14-Dec-24

WednesdayBangalore Wealth Management

18-Dec-24

3rd Test

The Gabba, Brisbane

Thursday

26-Dec-24

Monday

30-Dec-24

4th Test

MCG, Melbourne

Friday

03-Jan-25

Tuesday

07-Jan-25

5th Test

SCG, Sydney

JAY SHAH

Honorary Secretary

Mumbai Stock Exchange

The stock market can seem complicated and intimidating to those just starting out. With so many books promising to make you rich with little effort, it’s hard to know where to begin and which sources to trust. We’ve compiled this list of the 15 best stock market books for every type of investor in India – from beginners looking for a broad introduction, to experienced traders seeking more advanced strategies. Whether you want to better understand market fundamentals, discover promising stocks to invest in, or simply avoid common mistakes, there’s a book here that can guide your journey into the world of stock market investing.Image credit: Amazon

This book provides a comprehensive overview of the stock market, making it an ideal choice if you’re looking for an entry-level guide to the stock market.Covers basics like how the market works, different types of markets, and buying/selling proceduresExplains key terms and principles like shares, IPOs, mutual funds in simple termsIncludes tips for beginners like avoiding common mistakes and step-by-step trading guides

As one of the best books for beginners in stock market, this guide excels at breaking down complex concepts with practical examples and actionable advice. The clear writing style and thorough coverage of fundamentals like risk management make this the perfect introductory text to build investing confidence. While more advanced strategists may want a more detailed guide, new investors will gain invaluable market wisdom they can apply right away.Image credit: Amazon

Investonomy aims to help beginners successfully invest in the stock market with a strategic, risk-managed approach. The author draws on 20+ years of market analysis experience to cut through complexities.Demystifies equities, derivatives, technical analysis, IPOs, and more trading conceptsOffers methodical guidance on picking winning stocks based on financial ratios analysisIncludes multiple profit-boosting trading strategies with examples

Investonomy stands out for its methodical approach in building investing skill level, tailored for Indian markets. While best suited for committed beginners ready to master serious stock analysis, seasoned investors can also benefit from the trading tactics showcased. We especially appreciate how the author simplifies proven techniques like identifying value stocks and momentum-based exits. Follow this guide’s prescriptive formulas and you’ll be well on your way to stock market success.Image credit: Amazon

This book focuses on low-risk investing strategies using options to generate regular income. The author draws from his extensive trading experience to help investors at all levels avoid loss.Covers different options trading techniques like covered calls, vertical spreadsOffers practical tips for identifying overvalued stocks and maximizing profitsIncludes examples and scenarios demonstrating key options strategies

While most stock market books for beginners focus only on basic concepts, this guide stands out for delving into the versatile world of options trading. We appreciate the author’s prudence in advising risk-averse approaches over speculative day trading. Following the blueprint provided, retail investors can apply balanced options techniques to earn steady monthly returns. We recommend this as one of the best books for stock market to achieve your income goals while minimizing loss risks.Image credit: Amazon

Stock Investing Mastermind aims to help readers become elite investor “masterminds” by internalizing psychological habits and trading strategies of iconic investors like Warren Buffet.Analyzes the investment philosophies and stock-picking methods of legendary investorsProvides a framework to develop your own winning investing approachIncludes case studies demonstrating applications of iconic investors’ techniques

While numerous stock market books reference Warren Buffet, Stock Investing Mastermind provides a uniquely structured playbook for emulating the mental models of ultra-successful investors. From blocking out market noise to developing inner conviction, this guide offers transferable wisdom that transcends ordinary technical analysisNew Delhi Investment. Seasoned investors can also benefit from the vivid case demonstrations on effectively applying value investing and other elite strategies. We rate this one of the most intellectually stimulating best books for stock market success.Image credit: Amazon

In this book, trader Nicolas Darvas recounts how he turned $25,000 into $2 million in just 18 months of trading. He shares the exploratory trading strategies behind his rapid stock market success.Chronicles author’s rapid trading journey to profitabilityExplains unique “Box System” strategy for identifying stocks about to trend upwardsOutlines psychology-based tactics over purely fundamental or technical analysis

As one of the few stock market trading books focused on real-life trader experiences, How I Made $2M makes for a thrilling read. Nicolas Darvas’ willingness to admit mistakes makes his rapid success story relatable and learning opportunities abundantly clear. While critics argue his “Box System” is too simplistic, we found this trader’s instincts and adaptive analyses more compelling than any indicator-based system. This book offers an entirely fresh angle on plotting your own path to trading profits as an independent thinker.Image credit: Amazon

Through an engaging narrative around the lives of stock market participants, this book breaks down the basics of investing from an Indian market perspective for novices.Uses fictional stories to simplify equity investing conceptsCovers different investing approaches like day trading and buy-and-holdExplains key events in India’s stock market history

Bulls, Bears sets itself apart as one of the best books for beginners in stock market by using storytelling to communicate essential concepts. Through the cast of memorable investor “beasts”, readers enjoy an informative and hugely entertaining tour of the intricacies behind Indian market ups and downs. Seasoned investors may find the story framing unnecessary, but novices will discover this an invaluable primer before pursuing advanced technical guides. We suggest pairing this with a fundamentals guide to establish a strong base understanding.Image credit: Amazon

This 3-in-1 compilation book provides a holistic reference to stock market trading tailored for Indian market contexts, covering everything from fundamental to technical analyses.Includes 3 highly-rated books focusing on share valuation, chart patterns, indicatorsReferences Indian companies and case studies to demonstrate key conceptsCovers both long-term investing and short-term trading techniques

With its extraordinary depth and range exploring concepts from multiple angles, we rate this COMBO bundle as one of the best books for stock market trading success in India. The three books selected offer nicely complementary content for gaining expertise across vital areas – from picking value stocks to timing entries and exits using technical indicators. While best suited for committed investors ready to devote the time, beginners can benefit from the applied case studies and Indian-centric examples. We suggest reading the fundamental analysis sections first before advancing to the faster-paced technical guide.Image credit: Amazon

Aimed at beginner traders, this book focuses on breakout theory and methods to identify stocks with strong momentum for short-term gains. It also explores the psychological aspect of trading success.Explains breakout theory mechanics and trading in straightforward languageOffers precise entry and exit methodology for momentum stocksIncludes psychology and mindset guidance to cultivate trading discipline

How to Make Money stands out with its intuitive and jargon-light coverage of breakout methodologies tailored for opportunistic beginner traders. We appreciate the author’s candid emphasis on mastering one’s own psychology over indicators. By focusing on price action and volatility analysis for setting up reliable breakout trades, novice investors can reliably grow profits while containing downside risk. While the title’s promise may seem exaggerated, adhering to the risk management principles outlined here offers a steady path to trading effectively in Indian markets.Image credit: Amazon

As evident from the title, this book aims to offer an introduction to stock market investing tailored specifically for beginners in the Indian market.Covers essential concepts like types of markets, regulations, understanding company reportsIncludes investment strategies like value investing and growth investingReferences Indian examples like top companies and leading market indices

We rate Guide to Indian Stock Market as one of the best books for beginners in stock market wanting to grasp fundamental concepts using Indian reference points before diving deeper. Veteran author Nagendra Prasad displays his investing wisdom by condensing actionable knowledge in clear, reader-friendly language. While the book length is shorter than typical beginner guides, we appreciate the concise delivery focusing on need-to-know investing tenets first. The primer gives new investors proper footing to make sense of the basics before exploring technical trading tactics.Image credit: Amazon

In this book, Wall Street trader Mark Minervini reveals his winning stock trading methodology after decades of successful market operations.Chronicles author’s practical methodology refined over 30+ years of tradingOffers precise entry, exit and position sizing tacticsOutlines step-by-step processes to scan, filter and verify winning trades

Mark Minervini’s TRADE LIKE A STOCK MARKET WIZARD offers an elite masterclass in methodical trading for investors serious about optimizing technical prowess and performance results. We rate this one of the best books for stock market trading that delivers far beyond mere inspiration or conceptual overview. The book’s systematic testing chapters set it apart with crystal clear tactics to put Minervini’s rigorous momentum models into practice. While self-directed beginners may find implementing the detailed trade plans challenging, seasoned traders focused on excelling further will discover golden wisdom in these pages.Image credit: Amazon

Beginners can familiarize themselves with the fundamentals of the Indian stock market landscape with this concise crash course guide in Hindi by Pushkar Raj Thakur.Introduces stock market concepts like trading platforms, IPOs in HindiCovers basics of technical and fundamental analysisIncludes stock market tips for novice investors

As one of the only Hindi stock market books for beginners emphasizing Indian markets, we recommend this Stock Market Crash Course as an accessible starting point for native speakers less comfortable reading complex material in English. While the content is direct and relatively simpler, author Pushkar Raj Thakur succeeds in covering a wide breadth of topics notably absent in competing titles in just 100 pages. Readers can pair this with other guides as core knowledge base before learning advanced niche strategies.Image credit: Amazon

In this book, the author shares fundamental analysis frameworks to identify undervalued stocks and build long-term wealth.Offers 11 valuation metrics to unearth hidden value stocksProvides a formulaic 5-step equity research processIncludes case studies demonstrating value stock selection

We rate this one of the best books for stock market investing for its smart distillation of proven value investing wisdom refined for Indian equities. Novices can apply the precise ratios education and sector comparison guidance to confidently evaluate company financials. Seasoned investors can refresh and validate their analysis models leveraging the practical case demonstrations. While it stops short of detailing complete portfolio diversification tactics, readers have all the tools in this guide to consistently identify winning value stocks amidst complex markets.Image credit: Amazon

Aimed at novice investors, this book focuses on options trading strategies to profit in the volatile Indian market using technical and quantitative analysis.Explains options, futures, day trading concepts tailored for beginnersOffers strategic approaches for directional and non-directional tradingIncludes quantitative models like pivot point formulas

While numerous stock market books discuss options for sophisticated investors, How to Make Profit stands out for its newbie-friendly materials educating amateur traders on capitalizing from options volatilityLucknow Wealth Management. We appreciate author Gunindra Ray’s measured guidance advising paper trading practice before risking capital. Following the tiered learning path, investors can progress from essential concepts and directional strategies to leveraging quantitative signals for consistent profitability. We recommend this as one of the best books for beginners in stock market seeking structured options knowledge.Image credit: Amazon

Chartered market technician Neeraj Joshi imparts trading and investing insights focused on the Indian stock market to enable financial freedom.Techniques for wealth creation emphasizing compoundingTactical approaches like position sizing and risk managementTrading psychology and habits guidance based on Indian realities

While numerous stock market books offer conceptual trading tips, Be A Stock Market Millionaire distinguishes itself with content sharply addressing practical Indian investor pain points. We rate this one of the best books for stock market success for its tangible frameworks around fear management and developing winning habits tailored to homegrown realities. The emphasis on compounding through volatility sets reasonable wealth creation expectations. From psychological strengthening to maintaining systematic discipline, both novice and seasoned retail traders investing for financial freedom can extract tangible value from Neeraj Joshi’s market distillations.Image credit: Amazon

Investment fund pioneer John C. Bogle examines how embracing market index funds by eliminating useless churn can lead to wealth creation.Offers an alternate view advocating passive index investingDebunks active trading misconceptions on beating market returnsIncludes updated data and decade-long performance charts

While debates persist on active vs. passive investing, The Little Book of Common Sense Investing delivers hard truths all stock market enthusiasts need to acknowledge. John C. Bogle never minces words on how fund manager underperformance and fees erode amateur returns. We rate this one of the best books for stock market strategies for the mathematically-backed insights on achieving market parity through low-cost index funds. Beyond convincing statistical evidence, the principles shared on simplifying investing align with proven wealth-building mental models. This anniversary edition stands tall as essential reading for stock market traders and passive investors alike.

With such a vast array of stock market book options, it can be challenging to determine which one is best suited for your needs. Here are some key criteria to consider when choosing a stock market book in India:

Investing Skill Level – Decide if you need a book for complete beginners explaining basic concepts, or a more advanced guide focusing on complex strategies and analyses suited for experienced investors.

Areas of Focus – Some books focus narrowly on specific topics like technical analysis, while others take a broad approach covering share valuation, trader psychology, risk management and more. Determine your key area of interest.

Trading vs Investing – Trading-focused books offer short-term, tactical guides to market timing and profiting from volatile prices. Investing books concentrate on long-term, buy-and-hold strategies based on a company’s fundamentals.

**Indian vs Global **– While you can apply many stock market concepts universally, some books reference Indian companies, financial ratios, and market history specifically to contextualize key ideas better.

Choose a book that aligns best with your focus areas, skill level and trading style preferences to ensure it caters well to your exact learning requirements in the context of Indian markets.

While each guide takes its own shape, some broad categories apply when classifying the variety of stock market books available today:

Beginner Books – Offer basic explanations of core equity and mutual fund concepts for novices, without assuming prior knowledge.

Advanced Strategy Guides – Provide detailed frameworks and methodologies for traders to identify and capitalize on high-profit opportunities.

Primers/Crash Courses – Quick introductory overviews of markets enforcing key principles.

Trading Psychology – Examine thought patterns, behaviours and habits that enable investors to excel and manage emotions.

Investor Stories– Profile journeys of successful investors highlighting their strategies in real market scenarios.

Options Trading – Focus on leveraging options contracts for regular income, hedging or speculating.

**Technical Analysis **– Study price patterns, indicators and chartist theories to time profitable entries and exits.

Fundamental Analysis – Assess underlying company performance data to pick strong stocks and understand value.

Like any skill-building endeavor, learning how to excel at stock markets requires more than just reading books. Here are some key guidelines on using stock market books effectively:

Take Notes – Don’t just read passively. Actively taking notes and summarizing key concepts cements retention and understanding.

Apply Learnings Repeatedly – Put newly acquired strategies into practice consistently to convert knowledge into trading skills excelling at real-time analysis and decisions.

Re-Read Difficult Sections – It takes repetitions across time, and researching supplemental materials to fully grasp complex formulations.

Cross-reference Strategies – Evaluate how strategies from different leading books complement or contradict each other for greater perspective.

Stay Up to Date – Revisit your well- highlighted books as markets evolve to view time-tested concepts through a current lens.

Preserve Books Properly – Keep books away from heat/moisture, handle gently, and consider digitizing favoured guides for easy reference across devices.

The best practices for maximizing stock market book value involve taking an active reading approach tailored to your needs. Pair textual studying with virtual trading simulations before committing real capital. Revisit underlined passages frequently, and integrate the emerging patterns into your core trading philosophy over the long-term.

The best books for learning about the stock market based on the products listed are:A Beginner’s Guide to the Stock MarketInvestonomy : The Stock Market Guide That Makes You RichGuide to Indian Stock Market : Basics of Stock Market for BeginnersStock Market Crash Course -Hindi Edition | Stock Market | Pushkar Raj Thakur | PRT | GoSelfMadeThe Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns, 10th Anniversary Edition

These books provide a good introduction and overview of the stock market, making them ideal choices for those just starting out.

The best books for stock market trading based on the products listed are:How to Avoid Loss and Earn Consistently in the Stock Market: An Easy-to-understand and Practical Guide for Every InvestorStock Investing MastermindHow I Made $2,000,000 in the Stock MarketCOMBO : Guide to Indian Stock Market + Fundamental Analysis of Shares + Guide to Technical Analysis & CandlesticksHow to Make Money With Breakout Trading: A Simple Stock Market Book for Beginners – The Secret of becoming Intelligent Investor – Price Action Trading through subconscious mind and the Power of Now

These provide more advanced trading strategies beyond just foundational knowledge, making them the top recommendations for investors looking to actively trade in the stock market.

The best books for beginners in the stock market based on the products listed are:A Beginner’s Guide to the Stock MarketInvestonomy : The Stock Market Guide That Makes You RichGuide to Indian Stock Market : Basics of Stock Market for BeginnersStock Market Crash Course -Hindi Edition | Stock Market | Pushkar Raj Thakur | PRT | GoSelfMadeThe Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns, 10th Anniversary Edition

These provide a solid background and introduction to the stock market, making them ideal choices for those just starting out as beginner investors.

The ideal stock market trading book provides actionable ideas beyond just inspiration. It should include detailed frameworks around scanning, entries, position sizing and exits backed by data or real trader experiences. Books like Trade Like a Stock Market Wizard, How I Made $2 Million in the Stock Market, and Options Trading guides best meet these criteria.

Rather than sticking to just one, reading multiple books exposes you to a diversity of effective techniques based on market veterans’ varying philosophies. Investors can look for common intuitive concepts emphasized unanimously across books as key pillars while appreciating nuanced tactics.

As a beginner, focus on retaining key concepts rather than memorizing formulas during your first read. Re-read confusing sections and take detailed notes. Cross-reference online resources for alternate explanations of technical ideas. Above all, put the main ideas into consistent practice rather than pursuing advanced books too quickly.

Some of the top fundamental analysis books optimized for Indian stocks based on our compilation include Guide to Fundamental Analysis, Fundamental Analysis and Valuation of Stocks, and 11 Secrets to Find Value Stocks. These clearly explain financial ratios calculation and company performance evaluation tailored to Indian equities.

Mumbai Wealth Management