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Puneet Wadhwa leads all stock & financial markets’ coverage at Business Standard. He has an experience of over two decades in managing India’s busiest print, digital and electronic newsrooms at the Outlook Group, NDTV and Hindustan Times.
Puneet Wadhwa leads all stock & financial markets’ coverage at Business Standard. He has an experience of over two decades in managing India’s busiest print, digital and electronic newsrooms at the Outlook Group, NDTV and Hindustan Times.
Analysts suggest that formation of a stable government post the upcoming General Elections is likely to positively impact the construction sector
Most Asian markets crack. Rupee under pressure
Here are 5 reasons why analysts think the latest development is a significant strategic mis-step
Corrective decisions taken by the Reserve Bank of India (RBI) in managing the currency from slipping further aided sentiment
Check out what the experts say
The stock has tanked over 4% in trade today post the development. Tata Motors hired Slym was in 2012 to revive flagging sales and market share in the domestic business of the company
The markets have given a thumbs-down to the development with Ranbaxy skidding 18% to Rs 343 levels in morning trades on the National Stock Exchange (NSE)
While L&T has moved up 3.2% to Rs 1,037 levels on the Bombay Stock Exchange (BSE) in morning deals, HDFC has gained nearly 1% on the National Stock Exchange (NSE) to Rs 848 levels
Biggest tail-risk to global growth remains China hard landing and commodity collapse. Investors maintain underweight stance on India
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
Investors give a thumbs-down to the populist move of hiking LPG cylinder cap with HPCL, BPCL and IOC losing ground in trade
Ipca Labs, Glenmark, Sun Pharma lead domestic market growth. Momentum likely to continue in near-to-medium term, analysts say
ITC offers the best earnings visibility in the sector especially when sector peers are confronting multiple challenges, analysts say
The stock was up over 3% at Rs 1,378 on the Bombay Stock Exchange.
The rally was partly boosted by a World Bank report that expects the global economy to expand at 3.2% in 2014 as compared to 2.4% in 2013
IPCA Laboratories, Glenmark Pharma and Sun Pharma lead December 2013 domestic growth
Buybacks aggregating Rs 7,800 crore announced since August, against Rs 1,000 crore during January-July
Q&A with vice-president and India economist, Societe Generale
Top picks - Aurobindo Pharma, Bajaj Finance, Cairn India, Coal India, J.B. Chemicals M&M, Mastek, Max India, RIL and Sesa Sterlite.