The underperformance of the bulk of BSE 500 stocks is a classic case of polarisation, where investors are lapping up stocks of sectors that are likely to do well going ahead. Around 75 per cent,......
Some of the top indebted companies likely to face financial headwinds in the coming quarters include NTPC, PowerGrid, Tata Steel, Adani Power, JSW Steel, UPL, and Steel Authority of India. More......
Other major laggards were IndusInd Bank, SBI, Bharti Airtel, ONGC, Tata Steel and Reliance Industries -- falling as much as 6.30 per cent. The BSE benchmark Sensex plunged nearly 362 points on......
Sectorally, telecom, realty, auto and banks were among the top losers, shedding as much as 2.22 per cent. Market benchmarks Sensex and Nifty on Tuesday closed with marginal losses after a volatile......
'2018 has seen a bi-polar market.''Thanks to gains in some key stocks, market returns are positive. But there has been huge wealth destruction in the small and mid-cap space.'Deepak Korgaonkar......