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
MFs have high exposure on debt side; Nearly Rs 50,000 cr public money at stake
Assets of gold ETFs have reduced by more than a third in the last five years to Rs 4,571 crore
The recent weakness in refining margins is also concerning and may pose a downside risk to our FY2020 estimates for OMCs
While falling crude oil prices is a positive, there are other sectors which might do better
Investors have turned skittish about the health of India's finances amid signs that Centre is ready to sacrifice fiscal discipline as it weighs an aid package to appease farmers, a key voting block
This comes following a collective net inflow of Rs 8,584 crore in the equity markets by FPIs during November and December 2017
With consumers deferring purchases, the company may have to rethink price hikes
Market participants said that 5 to 6 issues will hit the market if Chalet Hotels' IPO is successful and if there are no negative surprises in the Interim Budget on Feb 1
At the opening bell, the shares of Spencer's Retail opened at Rs 224 a piece on its listing date, which declined to Rs 212.80 per share by 12 noon and remained stagnant till the end of the day's trade
A sharp correction in stocks such as Zee Entertainment, Maruti, DLF weighs on investor sentiment
News reports said that the company was in talks with firms including Sony Pictures to sell half of their holding in the entity.
The broader NSE's Nifty50 index signed off the day at 10,781, down 69 points or 0.64 per cent. Out of 50 stocks, 32 constituents ended in the red and 18 in the green.
Maruti Suzuki India (MSIL) on Friday reported a 17.26 per cent per cent fall in its net profit at Rs 1,489.3 crore for third quarter of FY19
Dena Bank, ICICI Securities, ICICI Prudential, Minda Inds, Nilkamal, Shankara Building Products, BASF India and Tata Elxsi were among 22 stocks from the S&P BSE 500 index hitting their respectively.
The stock dipped 9 per cent to Rs 6,420, its lowest level since April 28, 2017, after reported 17.2 per cent year-on-year decline in net profit at Rs 1,489 crore in December quarter.
The stock dipped 5% to Rs 3,592 after the company posted a 13.6 per cent year-on-year decline in its consolidated net profit at Rs 394 crore in Q3FY19, due to higher operational costs.
Though the Nifty IT index is currently trading above the trendline resistance of 15,010 and the 100-DMA of 14,884, only a strong close with subsequent follow-up buying can lead to a strong breakout.
Spencer's Retail frozen 5 per cent lower circuit at Rs 213, while, CESC Ventures too, locked in 5 per cent lower circuit at Rs 521 on the BSE.
Update on demand scenario, channel inventory, discounting trends and new launches, along with demand trend in urban and rural areas are some of the pressing issues that will be keenly watched.