Page 115 - Deepak Korgaonkar

Rate sensitives plunge on panic selling in banks; YES Bank tumbles 30%

Based on publically available data, analysts at Macquarie said in a recent report that YES Bank, Bank of Baroda (BOB) and IndusInd Bank are the most exposed to Indiabulls Group

FPIs withdraw $3 billion between July-September; highest in 11 quarters

Despite the 3 per cent gain in September 2019, the FPI sell-off during the quarter has seen the benchmark indices register negative returns in Q3CY19

Mid, small-caps underperform in H1FY20; metals, pharma, autos worst-hit

While the Sensex has lost a marginal 0.3 per cent since the beginning of this fiscal, Nifty has slipped 1.1 per cent during this period

Reliance Industries gains 5% as Morgan Stanley maintains overweight stance

Analysts at Morgan Stanley expect recovery in energy earnings after the trough (both refining and petrochemicals) seen in Q1FY20

144 stocks trade at over five-year low; Nomura lowers Nifty target

Given the economic slowdown, analysts see more downward revisions in corporate earnings over the next few quarters.

From Khadim to S Chand & Co: 11 cos' market-cap slips below IPO issue size

There could be more pain in store for these stocks as analysts expect the markets to remain under pressure for some more time given the domestic and global developments

Nearly a quarter of listed stocks on the BSE trade below face value

Over the past one-and-half years, the number of stocks trading below their respective face value has increased 29 per cent

RITES, RVNL: Rail-related stocks gather steam. Analysts remain cautious

The interim Budget presented in February 2019 did not disappoint rail-related companies. Railways saw an allocation of Rs 64,587 crore and capital expenditure outlay of Rs 1.58 trillion for FY20

Fund raising via IPOs in first half of 2019 at four-year low

Analysts attribute the tepid H1CY19 to the overall market sentiment, especially the mid-and small-cap segment that underperformed the frontline benchmarks

140 stocks from BSE500 index beat benchmark in first half of 2019

Godrej Properties, SRF, Manappuram Finance, Info Edge (India), DCM Shriram, Adani Gas, AAVAS Financiers, and Just Dial have rallied over 50 per cent

Sensex gives 1400-pt salute to Modi's return; best post-exit poll rally since 1999

Banking, capital goods, oil & gas, realty, metal, consumer durables, automobiles and utilities indices were up in the range of 2.5% to 4% on the BSE on Monday

Promoters use tepid market conditions to hike stake in group firms

Tata Sons, the largest shareholder in Tata Motors, hiked its stake by 2 per cent to 35.3 per cent from 33.3 per cent

Lenders jittery as Anil Ambani's wealth falls 26% since January to $1.2 bn

RCom owes Indian banks close to Rs 45,000 crore and has not paid its dues since June 2017

ADAG stocks tumble post SC verdict; stay away from them for now: Experts

The apex court has also imposed a fine of Rs 1 crore each on them, if not deposited within a month they will have to serve one month in jail.

IL&FS Engineering, Punj Lloyd among 314 stocks trading below face value

Reliance Communication (RCom) hit a new low of Rs 4.85 and slipped below its face value of Rs 5 per share on February 6, 2019

Shares of CG Power and Industrial Solutions slump 30% after Q3 net loss

Operational revenue during the quarter under review grew 12 per cent to Rs 1,720 crore, as against Rs 1,537 crore in the corresponding quarter of the previous fiscal

Retail investors' wealth erodes as negative news-flow dents sentiment

YES Bank, Dewan Housing Finance Corporation (DHFL), Shankara Building Products, Prabhat Dairy and Dilip Buildcon have tanked over 40 per cent since July 2018.

Interim Budget 2019: Analysts rule out pre-budget rally, expect rural sops

They expect the government to dole out some populist policies, especially for the rural / farm sector while presenting the interim budget

Mid, small-cap indices tank 7% in January; analysts see more pain ahead

Earlier, in September 2018, both these indices had tanked 12.5 per cent and 16 per cent respectively

28 companies announce buyback plans aggregating Rs 213 billion

While Mcleod Russel, ADF Foods, Indiabulls Real Estate, DCM Shriram and BSE have announced buyback through open market route, the remaining 23 companies plan to buy back their shares via tender offers