The support that PSBs get from loan recoveries will add up as an important component to their financials in 2019
With many stocks hitting 52-week lows, this could be a good time to enter. But be prepared to hold for two-three years
while Equity Intelligence continued to hold the stock, its portfolio value meanwhile fell by 11.9% in May, 12.3% in June and 20% in September last year
This comes following a cumulative net inflow of Rs 8,584 crore in the equity markets by Foreign Portfolio Investors (FPIs) during November and December
The m-cap of ITC soared Rs 17,941.73 crore to Rs 3,61,773.90 crore and that of Infosys jumped Rs 10,026.05 crore to Rs 2,98,684.46 crore
Market would also continue taking cues from the movement of rupee, crude oil and investment trend by foreign investors
The membership structure applicable in the equity derivatives segment would also be implemented in the cash segment from April 1
The diamond polishing industry has been reeling under falling demand, impact of the GST, and lack of working capital
Sebi has been probing the alleged lapses in high-frequency trading offered through NSE's co-location facility
Host of local and global surprises likely in first half of this year with Lok Sabha elections, Brexit set to take centre stage
For Q3, Infosys reported 2.7 per cent sequential revenue growth in constant currency (CC) terms, outpacing a 1.8 per cent reported by TCS
The company's board approved buyback of 10.32 crore shares, comprising approximately 2.36 per cent of the paid-up capital of the company as of December 31, 2018 for up to Rs 8,260 crore.
On sequential basis, PAT (profit after tax) fell 12.18 per cent.
On a weekly basis, the S&P BSE Sensex rose 0.88 per cent, while Nifty50 rose 0.63 per cent.
The stock rallied 14% to Rs 430, trading at its highest level since November 16, 2018 on the BSE.
The current market scenario indicates that soon benchmark indices Nifty50 and BSE Sensex will witness crossover of three moving averages (in a closer distance) - 50-day moving average (DMA), 100-DMA.
The stock moved higher by 12 per cent to Rs 154, its highest level since September 22, 2008, on the BSE.
Ansal Properties & Infrastructure, Marathon Nextgen Realty, DB Realty, Purvankara, HDIL and Sobha were down in the range of 4 per cent to 6 per cent on the BSE.
Since October 16, 2018, post-September quarter results, Infosys underperformed the market by falling 2 per cent against 3 per cent rise in S&P BSE Sensex.
Analysts at ICICIdirect see CC revenues to grow 2.2 per cent QoQ with cross currency impact of 50 bps to dollar growth.