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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.
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%
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