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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.
Given the economic slowdown, analysts see more downward revisions in corporate earnings over the next few quarters.
There could be more pain in store for these stocks as analysts expect the markets to remain under pressure for some more time given the domestic and global developments
Analysts say while the decision to slash duty on EVs is a step in the right direction, the proposal to hike registration and renewal charges will hurt the already ailing auto sector
Experts say the counter will remain under pressure in the short-term till there is clarity on who runs the business
Over the past one-and-half years, the number of stocks trading below their respective face value has increased 29 per cent
Mahesh Nandurkar, executive director and India Strategist at CLSA, talks to Puneet Wadhwa
Post the results, most brokerages have revised their price targets for both these stocks.
Mid- and small-caps appear attractive given their reasonable valuations, says Mark Matthews
The intended increase in public float to 35 per cent from 25 per cent currently should help boost liquidity in the stocks which fall in that category
In Union Budget, the finance minister has asked SEBI to consider to reduce maximum promoter shareholding from the current level of 75% to 65%.
The interim Budget presented in February 2019 did not disappoint rail-related companies. Railways saw an allocation of Rs 64,587 crore and capital expenditure outlay of Rs 1.58 trillion for FY20
Analysts attribute the tepid H1CY19 to the overall market sentiment, especially the mid-and small-cap segment that underperformed the frontline benchmarks
The central bank has already slashed the repo rate by 75 bps since December 2018 when Shaktikanta Das took over reigns from Urjit Patel as the RBI governor
While analysts remain bullish on the road ahead for the sector, they do caution that a full recovery is still far away
The rally comes ahead of the order from NCLT on insolvency plea filed by State Bank of India (SBI), due to be heard later in the day today
Allocation to equity by global fund managers saw the second largest drop ever in June
Markets took note of the development with the banking stocks being the worst performers in trade on Thursday
DHFL is one of the stock that is among the top 10 worst performers of CY19 among the BSE 500 pack
As mandated by Sebi, the amended list of categorisation of large, mid-and small-caps will be released by AMFI by the first week of July 2019
Global demand is weaker in 2019 as compared to last year but the supply is tighter with substantial declines of oil supplies from Iran as well as Venezuela, Wu said