Puneet Wadhwa
 "Puneet Wadhwa")
Puneet Wadhwa
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.
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It's a good time to get into the market and add on corrections: Shankar Sharma
Interview with Vice-Chairman & Joint Managing Director, First Global Group
 "It's a good time to get into the market and add on corrections: Shankar Sharma")
India second-highest contributor to rise in global m-cap
However, it still lags far behind the US, which leads with a market-capitalisation of $23.9 trillion through August 2014
 "India second-highest contributor to rise in global m-cap")
Punj Lloyd rallies nearly 9%, adds to previous day's rally
Besides the recent order win, Punj Lloyd has been news on reports of selling stake in Medanta Medicity Hospital and issue of non-convertible debentures
 "Punj Lloyd rallies nearly 9%, adds to previous day's rally")
DLF, L&T, ITC in Goldman Sachs' 'conviction' list
Grasim Industries, IndusInd Bank, Petronet LNG, Voltas Limited and Tech Mahindra are the other stocks in this list
 "DLF, L&T, ITC in Goldman Sachs' 'conviction' list")
Despite headwinds, analysts remain bullish on DLF
Dragged down by DLF, the S&P BSE Realty index - the top loser among sectoral indices on Thursday - slipped nearly 5% in intra-day deals
 "Despite headwinds, analysts remain bullish on DLF")
Nifty crosses 8,000: Auto, pharma shine in 1,000-point journey
Indices might correct in the near term but in the long run the outlook is upbeat, given the expectations of reforms
 "Nifty crosses 8,000: Auto, pharma shine in 1,000-point journey")
 "JSPL falls 14% after SC ruling on coal allocations")
Coal block allocation: PSU banks - Analysts in wait-and-watch mode
Despite high exposure of public sector banks to power, iron and steel sectors, analysts remain in a wait-and-watch mode
 "Coal block allocation: PSU banks - Analysts in wait-and-watch mode")
Axis Bank, Maruti Suzuki, L&T scrips more than double in a year
While the benchmark index has moved up 48% between 29 August 2013 till date; Axis Bank, Maruti Suzuki and Larsen and Toubro (L&T) have gained 134%, 121% and 108%, respectively
 "Axis Bank, Maruti Suzuki, L&T scrips more than double in a year")
Sensex rises 47% since 52-week low
Improvement in earnings, govt policies could provide more legs to the rally that started a year ago
 "Sensex rises 47% since 52-week low")
India remains attractive for foreign investors: Richard Gibbs
Interview with Global head of economics, Macquarie
 "India remains attractive for foreign investors: Richard Gibbs")
RIL, ITC underperform in post-poll rally
RIL and ITC that have a weightage of 7.42% and 11.50%, respectively in the S&P BSE Sensex
 "RIL, ITC underperform in post-poll rally")
SC ruling on coal block allocation sees JSPL, Hindalco slip nearly 10%
Jindal Steel and Power, Hindalco, JSW Steel, Sesa Sterlite and Tata Steel are down 4-12% on BSE.
 "SC ruling on coal block allocation sees JSPL, Hindalco slip nearly 10%")
Public sector banks rally as the govt plans to improve risk management
The ministry has also asked banks to prepare a list of large borrowers
 "Public sector banks rally as the govt plans to improve risk management")
158 stocks have zoomed over 50% since poll results
Of these, 25 have more than doubled, 133 surged 50-100%
Oriental Bank of Commerce, Dena Bank are still good bets: analysts
This is the second instance in less than a month when a public sector bank was found being involved in a scam
 "Oriental Bank of Commerce, Dena Bank are still good bets: analysts")
Diversify into foreign stocks
RBI recently hiked LRS limit to $125,000 or Rs 7500,000 as on Aug 19 with $/rupee rate of 60
 "Diversify into foreign stocks")
The growth outlook in India is dependent on pace of reforms: Amar Gill
Interview with Head of Asian research, CLSA
 "The growth outlook in India is dependent on pace of reforms: Amar Gill")
Global gold demand slumps 16% in Q2
Jewellery demand was almost a third lower, according to a WGC report
 "Global gold demand slumps 16% in Q2")
Defensive stocks back in the reckoning
Geopolitical concerns, earnings sees investors rush to safe haven plays post the Union Budget presentation in July
 "Defensive stocks back in the reckoning")
