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Deepak Korgaonkar boasts of an impressive 25-year experience on tracking and writing market stories based on extensive research and analysis of stocks/ sectors. He also specialises in reporting real-time stock market trends and impact stories. He holds a postgraduate degree from Mumbai University.
Deepak Korgaonkar boasts of an impressive 25-year experience on tracking and writing market stories based on extensive research and analysis of stocks/ sectors. He also specialises in reporting real-time stock market trends and impact stories. He holds a postgraduate degree from Mumbai University.
In FY21, the S&P BSE Sensex and Nifty50 have rallied 68 per cent and 71 per cent, respectively
Analysts believe that given Nazara Technologies' stock has surged nearly 100 per cent over the issue price, investors can partially book profit and can add more at a later stage once it corrects
Though there can be an intermittent correction, stock selection will be key, they say
At 02:04 pm, the S&P BSE Midcap, the top gainer among broader indices, was up 1.5 per cent after hitting an intra-day high of 20,234 on the BSE
Asset quality remained healthy with gross non-performing assets falling 27 bps sequentially to 0.81 per cent in Q3FY21
Stocks of agro-chemicals, fertilisers, and edible oils companies are slowing down as farmers continue their weeks-long protests in Delhi
The company intends to utilise the issue proceeds to finance the roll-out of new company-owned Burger King Restaurants and to meet the general corporate purposes
Analysts attribute the surge to a host of factors, particularly the interest shown by the retail investors in these two market segments.
Meanwhile, Dr Reddy's Laboratories, Cipla, Infosys, HCL Technologies were up between 25 per cent and 75 per cent.
The S&P BSE Sensex is just 4 per cent away from its all-time high level of 42,273.87, touched on January 20, 2020.
In recognition of the role of the real estate sector in generating employment and economic activity, the RBI has decided to rationalise the risk weights applicable to individual housing loans
At the bourses, the Nifty IT index hit a record high of 20,748 in intra-day trade on Monday, up 2.8 per cent at 20,677. In comparison, the Nifty50 index gained 1.2 per cent on the NSE
The S&P BSE Healthcare index, the top gainer among sectoral indices, rose 3.5 per cent to close at 20,405 points, as compared to 0.34 per cent decline in the Sensex
The development, analysts say, has given a fresh trigger to the mid-and small-caps that can see some uptick in the days ahead
Thus far in the calendar year 2020 (CY20), RIL's market-cap has surged 49.8 per cent, or Rs 4.77 trillion, from Rs 9.59 trillion on December 31, 2019
His stake in Tata Group-owned watch and jewellery maker - Titan Company - and tractor-maker Escorts remained unchanged.
Historically, public sector enterprises (PSEs) have been high dividend payers and helped the government bridge any tax collection shortfall.
The liquidity-driven rally also lifted shares of smallcap and midcap companies that are poised for their biggest quarterly gain in six years.
Of the total 50 companies from the Nifty index, FPIs has reduced their holdings in 45 companies during the recently concluded quarter
In past one month, the Nifty PSU Bank index underperformed the market by falling 20 per cent, as compared to 3.7 per cent decline in the Nifty 50 index.