Rakesh Jhunjhunwala and family, the big bull of the equity markets, have lost Rs 4,558 crore in CY20 so far, with the value of their investments slipping below Rs 10,000 crore
The value of insurer's holdings in listed companies at the end of December 2019 quarter stood at Rs 6.02 trillion
The stock saw a weak debut due to prevailing market condition as the uncertainty regarding the effect of the coronavirus epidemic continued to keep investor sentiment in check.
Among sectors, refineries, financials including banks and information technology (IT) have seen more than Rs 1-trillion market-cap erosion in the past six sessions.
With an m-cap of Rs 31,744 crore at 12:05 pm, IRCTC stood at 96th position in the overall market capitalisation ranking, the BSE data shows.
S&P BSE SmallCap index has climbed over 6 per cent in January so far, outperforming the benchmark S&P BSE Sensex.
In CY18, the midcap and smallcap indices had tanked 13 per cent and 24 per cent
Domestic mutual funds pumped in Rs 52,850 crore in equities during CY19
Of the 13 companies that got listed in 2019, eight have outrun the IPO index by gaining over 38 per cent against their respective issue price
In the past seven trading days, RIL has outperformed the market by gaining 8 per cent, after Reliance Jio, the telecom arm of the company, said it will increase tariffs in next few weeks.
So far this calendar year, FPIs' stakes in SBI Life, Insurance ICICI Lombard and HDFC Life have risen by 18.85, 8.62 and 7.71 percentage points, respectively, since the December 2018 quarter
At the global level, trade war tussle, monetary policy of major central banks and oil prices, analysts feel, are the factors that will dictate market direction
Out of 11 companies that got listed in 2019, nine have outrun the market by gaining more than 10 per cent against their respective issue price
The state-owned company raised Rs 645 crore through its initial public offer (IPO).
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
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
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
Analysts at Morgan Stanley expect recovery in energy earnings after the trough (both refining and petrochemicals) seen in Q1FY20
Given the economic slowdown, analysts see more downward revisions in corporate earnings over the next few quarters.
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