During the previous corresponding quarter, 13 companies had raised Rs 4,857 crore though QIP route
17 have given positive returns in each of the last five calendar years
BOI, Oriental Bank, Canara Bank, PNB, Vedanta, Tata Steel, Jindal Steel and Hindalco declined by over 30% during the year.
11% of these stocks more than doubled, 14% stocks rose 50-100%
The surge in the current calendar year comes on the back of fund infusion by the government in PSBs
This is the longest spell of net mutual fund inflows into the stock market in at least 15 years
One firm mobilises money via route in this quarter, compared to 12 a year ago
Given the government's focus on road development, analysts remain bullish on the prospects of this sector
Since September 30, Nifty IT index was down 9.5% against 1.6% fall in the Nifty 50.
Lower commodity prices, higher other income help
Stock hit an intra-day low of Rs 266 after listing at Rs 317, 3% below its issue price on the NSE
Axis Bank closed 7.5% lower at Rs 483 levels on NSE
Sept marks 17th straight month of net investment by funds in equity markets
The stock dipped 7% to Rs 483, its lowest level since September 16, 2015 on NSE.
Net profit up 3.9% in July-September quarter, net sales decline 9.5%
Companies have raised nearly Rs 7,500 crore through 16 IPOs this year, over six times the amount raised last year
ONGC, State Bank of India, Gail (India), NTPC and Container Corporation of India are some of the frontline stocks that FIIs sold
9 of 12 banks show up to 2% fall in FII holdings; stake in Central Bank unchanged, Dena, IDBI see increases
FIIs stake in SBI, BOB, PNB and BOI has declined by up to two percentage points, the shareholding pattern data shows.
CIL Nova, Pioneer Distilleries, Dwarikesh Sugar, Shree Renuka and Genesys International rallied over 50% each.