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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.
RIL and ITC that have a weightage of 7.42% and 11.50%, respectively in the S&P BSE Sensex
Jindal Steel and Power, Hindalco, JSW Steel, Sesa Sterlite and Tata Steel are down 4-12% on BSE.
The ministry has also asked banks to prepare a list of large borrowers
Of these, 25 have more than doubled, 133 surged 50-100%
This is the second instance in less than a month when a public sector bank was found being involved in a scam
RBI recently hiked LRS limit to $125,000 or Rs 7500,000 as on Aug 19 with $/rupee rate of 60
Interview with Head of Asian research, CLSA
Jewellery demand was almost a third lower, according to a WGC report
Geopolitical concerns, earnings sees investors rush to safe haven plays post the Union Budget presentation in July
Experts, however, caution that though the moves are positive for the sector as a whole, they don't expect much gain in the near-term
Among railway stocks, shares of wagon-maker Texmaco Rail and Engineering has gained 9% to 101 on the Bombay Stock Exchange (BSE)
The suggested buyback price of Rs 3,850, which also is the stock's 52-week high, is at 6.7% premium to the Wednesday's intra-day high price
158 small-cap firms post aggregate net profit growth of 104% against 16% each recorded by mid, large-cap players
Most telecom stocks have outperformed the market on Friday with Bharti Airtel trading 2.8% higher
For the recently concluded quarter, the company eported a net loss of Rs 78 crore
Individual shareholders' aggregate stake in top listed firms fell to 7.77% in the June quarter, the lowest since Dec 2001
Interview with Chairman of Rogers Holdings and author of Street Smarts: Adventures on the Road and in the Markets
Stocks like BEML have risen as much as 300% in the past one year
Expects India to be the second largest issuer behind China in Asia