Experts say traders who have borrowed shares to short stock could be hit from upmove
While strong parent support and transformation of loan book to floating rate is positive, asset quality concern is key
Street has upgraded earnings on the back of rising fares, stable rupee and higher market share
Besides loan-against-share (LAS) structures seeing a strain, non-banking financial companies (NBFCs) exposed to developer funding pose contagion risks to the markets
Sensex slipped 355 points to end at 37,808.91 while the Nifty 50 lost 103 points to close at 11,354
REC hit a 52-week high of Rs 153, up 8 per cent, while PFC rose 6 per cent to Rs 120 and was trading close to its 52-week high level of Rs 123 touched on March 19, 2019, on the BSE.
Jet Airways rallied nearly 13 per cent after it announced Chairman Naresh Goyal and his wife Anita Goyal have stepped down from the board of the cash-strapped airline on Monday
The stock jumped 18 per cent to Rs 266 in the intra-day trade, bouncing back 21 per cent from its early morning low of Rs 219 on the NSE.
All that happened in markets today
If the dividend ratio is 20 per cent of net profits, then the plowback ratio will logically be 80 per cent.
In the past one year, the stock has slipped 26 per cent on account of volumes slackness followed by competitive intensity
The Nifty Metal index faces strong resistance at its 100-days moving average, currently located at 3,040 levels. The overall chart formation indicates a breakdown of "Head and Shoulder pattern
The Lalbhai Group company was listed on the bourses on March 8, 2019. The stock made market debut at Rs 592, appreciating 79 per cent since then
The company's board of directors is scheduled to meet on Friday, March 29, 2019, to recommend the issuance of bonus shares
Thus far in the calendar year 2019, it has rallied 25 per cent on the expectations of margins recovery from an increase in airfares, drop in crude oil prices and reduction in capacity by Jet Airways
Here's why some market watchers are skeptical in the short term
On Friday, the domestic unit declined by 12 paise to close at 68.95 on the rise in demand for the greenback from importers and sell-off in domestic equities.
Here's a look at the top stocks that may remain in focus today -
Stock calls and outlook on Nifty by Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking.
The Reserve Bank of India should instead consider cutting the cash reserve ratio, a move it last resorted to six years ago