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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.
The Nifty Consumption index surged nearly 228 per cent in the last 10 years and has outperformed the frontline Nifty50 that moved up nearly 138 per cent during this period
The decision came at the fag-end of the trading session and saw most Tata group stocks react to the development
Domestic mutual funds pumped in Rs 52,850 crore in equities during CY19
Besides India, weightage of Indonesia, Thailand and Vietnam has also been cut by one percentage point each. On the other hand, exposure to Korea has been increased by 5 percentage points
On a financial year basis, Nomura expect GDP growth of 4.7% in FY20 and 5.7% in FY21, suggesting a delayed recovery and below-potential growth through end-2020
Of the 13 companies that got listed in 2019, eight have outrun the IPO index by gaining over 38 per cent against their respective issue price
The company should get good suitors as it is sitting on good infrastructure and has a stable business outlook; the valuation seems attractive
A recent report by ANAROCK suggests as many as 16,100 new units have been launched in the luxury segment priced over Rs 1.5 crore across the top seven cities in India in the first half of CY19
According to BofAML, trade war, Monetary policy impotence, bond market bubble and a credit event are some of the other 'tail risks' that the fund managers seem to be wary about
As many as 63 stocks have zoomed over 1,000 per cent during this period
The numbers were announced post-market hours on Thursday and saw the stock drop to Rs 354 levels on the BSE once the markets opened for trade on Friday
Over the past 10 years (since 2009) only a handful of leading oil & gas exploration companies have delivered stellar gains
Rupee weakness has been a very important factor for global investors to consider before putting their money in India, Mowat said
Analysts at CLSA believe India's fiscal deficit may worsen to 4.3% in FY20
Given the economic slump, most economists have lowered their FY20 growth estimates and expect the RBI to be more aggressive in cutting rates going ahead
The Union Cabinet has approved the setting up of an AIF to revive around 1,600 stalled housing projects across top cities in the country.
So far this calendar year, FPIs' stakes in SBI Life, Insurance ICICI Lombard and HDFC Life have risen by 18.85, 8.62 and 7.71 percentage points, respectively, since the December 2018 quarter
Proposed measure might create some competition for private players and contain state-owned telcos' operational costs
At the global level, trade war tussle, monetary policy of major central banks and oil prices, analysts feel, are the factors that will dictate market direction
Falling interest rates and likely revival in corporate earnings should aid sentiment, says Jaipuria