)
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.
Bank of India, Allahabad Bank, Canara Bank, Dena Bank, Oriental Bank, Syndicate Bank, Uco Bank and Vijaya Bank have touched their respective 52-week lows on the 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.
BSE realty index, largest gainer among the sectoral indices, surged 17% in the past month
In past three four trading sessions, the stock has declined 16% after the company issued a profit warning for the Sep'15 quarter.
Post the US Fed meet outcome, analysts say, it is the fundamentals of companies that will drive stock performance. The ones on a stable footing will rise faster
Jubilant Life, Dishman Pharma, Suven Life, Natco Pharma, JB Chem, Marksans Pharma and Unichem down 4%-10%.
The list includes NMDC, Jaiprakash Associates, Unitech, Punj Lloyd, Suzlon Energy and HDIL among others
Castex Technologies, Metalyst Forgings and JMT Auto have locked in lower circuit of 5% with no buyers seen on the counters.
Pump in Rs 10k in August, extend 2015 buying tally to Rs 47k crore
August also saw equity markets suffer their worst single-day fall in almost seven years with the S&P BSE Sensex sliding 1,624 points in a single day
The CNX PSU Bank index rallied 6.19% or 216 points to close at 3,699 compared to a 0.48% decline in the CNX Nifty today.
Outperformed the benchmark in the past month; analysts recommend caution in buying these, given the run-up
Have done so in the majority of PSBs for a couple of quarters due to concern at asset quality, among other issues, say observers
Domestic MFs' monthly net inflow into equities crosses Rs 10,000 crore in June