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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.
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.
Foreign investors now will take a wait-and-watch approach as regards India, given these developments, says Jitendra Gohil
Urjit Patel's decision was announced post-market hours and a day before assembly election results in five states. The markets could see a bloodbath on Tuesday, analysts say.
The S&P BSE Sensex lost over 600 points, or nearly 2 per cent, in intra-day trade on Monday. The 50-share Nifty, on the other hand, slipped nearly 200 points to test the 10,500 mark
After a 25 bps hike in December, we expect the US Fed to hike one more time in the first quarter of the calendar year 2019
Saravana Kumar, chief investment officer at LIC Mutual Fund tells Puneet Wadhwa that investors should focus on large-cap schemes in these uncertain times
According to a recent IIFL report, sales of Patanjali products have halved from two year earlier levels.
Aditya Birla Sunlife CEO A Balasubramanian believes earnings will stay better for exports and consumption-led companies
The company has cut its exposure in India over the past few months for tactical reasons, he says
SAION MUKHERJEE, head of India equity research at Nomura, tells Puneet Wadhwa that though it seems unlikely that just the current rupee depreciation can trigger a sell-off
Both these indices have surged a whopping 55 per cent and 53 per cent, respectively under PM Modi (till August 14 2018) - hugely outperforming the rally seen during 1999 - 2004.