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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.
Asian Paints, YES Bank, Hindalco, Tata Steel, Tata Motors, ACC and NTPC are some of the Nifty 50 constituents that are trading above their respective 200-DMA
Promoters of Infosys, Eicher Motors, Page Industries, Jubilant FoodWorks and Castrol India have sold equity shares worth nearly Rs 5,601 crore in past two-and-half months, data show
Buys shares worth Rs 8,000 crore in Sensex companies. Value based on average quarterly prices
Monsanto India, Jubilant Industries, Atul, Sharda Cropchem, Rallis India gained between 1% - 17% on Thursday
Of the seven that have announced buyback plans, four companies including Dr Reddy's Laboratories and Wipro, are from the benchmark Nifty 50 index
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%