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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.
Whenever the rupee has seen a sharp decline, it has been unable to recover to its earlier position
It has tanked over 67% from a level of Rs 765 on July 12, compared to 2% drop in the benchmark S&P BSE Sensex
A slowdown in the economy has taken a toll on capital goods stocks with the S&P BSE Capital Goods (CG) index tumbling to a four-year low in trade today
Stocks of public sector companies (PSUs) have been underperformers with most of them losing their one-third market value post the OFS
Financial technologies slumped 65% while MCX locked at 20% lower circuit
Rupee dropped to 61.20 in late morning deals, almost touching record low of 61.21 hit on July 8
HPCL, BPCL, IOC cracked in the range of 8-11% on BSE
A fall out of the development implies that your equated monthly instalment (EMI) on a loan also remains unchanged, at least for now
Including, SBI, PNB, Dena Bank and Federal Bank, a total of 18 banks mostly from public sector are trading at their 52-week lows on BSE
After the US regulator's warning letters and the scrip's plunge, no one is quite sure of what lies ahead
Check out what the top research houses expect from the two heavyweights
The stock has been an underperformer since May 2012 when the company was handed down the penalty and has cracked 36% since then
Though the long-term trajectory will be defined by how the US Federal Reserve's stimulus withdrawal plays out, analysts rule out a sharp movement on either side in the near-term
Check out the trading strategies for frontline stocks with Ranak Merchant, technical analyst - strategies, Sushil Financial Services
Interview with Global head of macro and investment strategy, HSBC Global Asset Management
ITC, Dabur, Nestle, Britannia among top gainers
Interview with MD, head of fixed income and currency strategy, Macquarie
SBI, OBC, Federal Bank and Corporation Bank hit 1-year low
Among individual stocks, Canara Bank and Oriental Bank of Commerce lost 8% each on the National Stock Exchange (NSE)
Banking stocks have been the worst hit in trade today. Do any appear oversold? Check out the trading strategies with Ranak Merchant, technical analyst - strategies, Sushil Financial Services