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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.
Average monthly stock delivery volumes on the BSE, NSE have risen to 45.5% in Feb, the highest since March 2013
Analysts are still positive about the sector, say business growth will pick up going ahead
Analysts expect momentum to continue but say a progressive govt will be key
These four stocks have collectively contributed nearly 300 points rise in benchmark index since January 23
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.