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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.
Better-than-expected financial results in Q3 due to higher revenue growth and margins in key markets fuel the rally
L&T Finance Holdings, LIC Housing Finance, Indiabulls Housing Finance, Magma Fincorp ended 3-4% higher
Investors have preferred to cling on to stocks from the IT and pharmaceutical space in a volatile market
About 192 stocks from the BSE-500, small-cap and mid-cap indices have gained by up to 44%
Most stocks rally 2-5%; Kotak Mahindra Bank and Axis Bank major gainers
Analysts suggest that formation of a stable government post the upcoming General Elections is likely to positively impact the construction sector
The BSE mid-cap and small-cap indices have fallen nearly 2% each compared to 1% decline in S&P BSE Sensex.
Pulls out mainly from private companies; select PSUs saw the insurer raise its stake
Stakes raised significantly in select companies during Dec quarter, pushing sectoral indices up more than larger peers
The stock was up over 3% at Rs 1,378 on the Bombay Stock Exchange.
Buy heavily into second-line companies such as Tech Mahindra, eClerx Services, Polaris Financial Technologies
Buybacks aggregating Rs 7,800 crore announced since August, against Rs 1,000 crore during January-July
S&P BSE mid-cap and small-cap indices have outperformed the market by surging 29% each from their August lows, compared to 18% rise in benchmark index.
Top picks - Aurobindo Pharma, Bajaj Finance, Cairn India, Coal India, J.B. Chemicals M&M, Mastek, Max India, RIL and Sesa Sterlite.
Second biggest yearly gain ever, with HCL, Mindtree, Persistent Systems and Tech Mahindra seeing their scrips nearly double
At 0935 hours, the NSE Bank Nifty was down 1.5% compared to 0.50% fall in CNX Nifty.
A poor performance by most of the public sector undertakings (PSU) stocks and a sharp fall in market price of the private companies from the sectors such as refineries, metal, infrastructure and power
Of these 14 stocks, eight stocks - Lupin, Sun Pharmaceutical Industries, TCS, Asian Paints, HCL Technologies, IndusInd Bank, Dr Reddy's Laboratories and Hero MotoCorp have appreciated more than 200% d
Bechmarks rallied after BJP won the so called semi finals and investors now anticipate a Narendra Modi-led NDA government coming to power at the centre in 2014
Since September, FII made net inflow of Rs 40,000 cr in Indian equity markets