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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 huge selling by overseas investors has dragged the S&P BSE Sensex and Nifty50 by nearly 6% each since November 9
Khemani believes that India remains one of the best investment stories around the globe
Comments by the US Federal reserve chair raised concerns regarding a possible hike in interest rates in December review
35% of the fund managers surveyed expect the global growth to remain strong over the next 12 months, up from 19% in the last month
The Nifty Realty index has lost nearly 20% since the demonetisation move. By comparison, the Nifty50 index has slipped around 5%
Stocks of companies in the realty segment have been on a downward spiral since demonetisation was announced
Analysts also expect demonetisation to impact economic growth, which, could dent the financial performance of companies
Here is a list of top banks that had a high exposure to the commercial real estate segment in March 2016, as per a CLSA report
Experts say the markets, for now, will focus on how the government tackles the demonetisation issue and how soon can normalcy be restored
The Indian government's demonetisation move, as well as the outcome of the US Presidential elections, have taken them by surprise
Russia and Indonesia are ahead of India on this count
Most Asian markets were rattled by a rise in US bond yields
According to reports, the Income Tax (I-T) department also conducted surveys on jewellers and suspected hawala operators
Tata Steel, Hindalco, Vedanta, Hindustan Zinc, NMDC, SAIL and Moil were up more than 5% each on the NSE.
Excerpts from a Deloitte report on the winners and losers from the government's bold move
Interview with chairman of Rogers Holdings
Pharma shares staged a recovery while real estate shares slumped after the demonetisation move by the government
Here is a quick compilation of how leading brokerages and research houses interpret the development
The S&P BSE Sensex tanked over 1600 points in early trade. It regained some of the lost ground as trade progressed
The BSE Midcap ended up 0.5% while the Smallcap index ended nearly 1% higher