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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.
Here are a few reasons why the Sensex and Nifty slipped in trade today
Q&A with renowned global investor and author of The Gloom, Boom & Doom report
Potential downgrades in earnings and a negative sentiment could result in a sharp correction in several expensive stocks globally
Indian equity, forex, money and commodity markets are closed today on account of Maharashtra Day
On Thursday, the stock opened at Rs 453 on the BSE and touched a high of Rs 455.5 and a low of Rs 449 till 9:50am
The stock opened at Rs 289 and touched a low of Rs 278.10 on the BSE. As many as 202,568 shares had been traded on the BSE till 10:55am
Another company owned by Jindal, Gagan Sponge, has also been named in the chargesheet
Infosys, Sun Pharma, HDFC, L&T, TCS have collectively contributed 880 points to the Sensex's 1,791-point decline in the past nine days
By comparison, the CNX IT index slipped 1.7% and the benchmark CNX Nifty lost around 1% in trade at 2:45pm
Here is a compilation of what leading brokerages and research houses expect from Q4FY15 results of Infosys on Friday
Biocon, HDFC Bank, Cairn India, M&M Financial, Clariant Chemicals and Rallis India likely to react to newsflow
Given the recent results, analysts suggest that the stock will continue to remain under pressure for some time
A combined 276.63 million shares representing 11.5% of total equity of Sun Pharma changed hands on the NSE and BSE
Maintains sell rating on Just Dial and buy rating on Bharti Airtel, Idea Cellular, Info Edge in a recent report
Disturbed by lack of pick-up in consumption, especially rural, and likelihood of lack of good news on corporate earnings
Though the revenues came in as a disappointment, Nomura says, the results were in line with expectations on margins and ahead on PAT
SBI, ICICI Bank, Bank of India and Canara Bank are some of the PSU banks where FIIs have pared stakes
A recent report by Motilal Oswal Financial Services, for instance, expects only five sectors to report double-digit PAT growth
Analysts believe that the concerns highlighted are not new and going ahead, the problems in the banking sector will mend. However, it will be a long drawn process, they say
However, investors should consider the company's balance sheet strength and promoter pledging before investing