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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.
Overall, valuations are somewhere in-between - that is neither excessive nor down and out where everything can be bought across-the-board, Thakkar says.
The 'India growth story' is much more compelling now than rest of the globe, he says
Both telecom and power sectors could get closer to the inflexion point in the next one year, says Manulife Asset Management MD
RCom owes Indian banks close to Rs 45,000 crore and has not paid its dues since June 2017
The apex court has also imposed a fine of Rs 1 crore each on them, if not deposited within a month they will have to serve one month in jail.
The fact that construction companies are fully dependent on government for orders makes it an important event for companies in the road construction segment from order book / revenue perspective.
Reliance Communication (RCom) hit a new low of Rs 4.85 and slipped below its face value of Rs 5 per share on February 6, 2019
'We see the earnings growing by 11-12% in FY19 and then improving to 17-18% in FY20', said Julius Baer's CEO Ashish Gumashta
Foreign investors are likely to wait for the outcome of the general elections scheduled for April/May 2019 before committing fresh money to Indian equities, writes Christopher Wood
According to available reports, the productivity of the 16th Lok Sabha stood at 83 per cent (till February 6), above the 63 per cent in UPA II and marginally less than than 87 per cent in UPA I
On Friday, Tata Motors and Tata Motors DVR tanked over 20 per cent each and hit a low of Rs 129 levels and Rs 71, respectively on the NSE
YES Bank, Dewan Housing Finance Corporation (DHFL), Shankara Building Products, Prabhat Dairy and Dilip Buildcon have tanked over 40 per cent since July 2018.
The Nifty50 index reclaimed 11,000 levels in intra-day trade on Wednesday, a feat it last achieved on October 1, 2018.
Here are five factors driving the markets on Thursday
On Thursday, the counter moved up nearly 3 per cent to Rs 375 levels in intra-day trade, as compared to 0.6 per cent rise in the S& BSE Sensex and 0.7 per cent up move in the S&P BSE Bankex.
They expect the government to dole out some populist policies, especially for the rural / farm sector while presenting the interim budget
Earlier, in September 2018, both these indices had tanked 12.5 per cent and 16 per cent respectively
From doling out sops for the farm sector and providing some relief to the individual income-tax payers, here's what leading brokerages expect from the budget
The markets are waking up to the fact that some of the big trades, which made a lot of money during the period with hyper-easy monetary policies, may be over, he adds
Analysts at Edelweiss Securities believe BJP may find the going tough in 2019 elections given the recent state poll outcome.