He is the man behind Blackstone's India strategy
Shares of rate-sensitive realty, bank and auto sectors were on buyer's radar on Wednesday.
Few top honchos of India Inc did very well in 2014.
'Given the past record, no one will be prosecuted, especially since the beneficiaries comprise the most powerful people in the country. They will pay a fine and be let off.'
Sebi has long struggled with balancing the needs of small investors and those of the market.
Busting a major 'front running' case in the stock market, Sebi on Friday ordered impounding of unlawful gains worth nearly Rs 15 crore (Rs 150 million) from brokerage firm Sharekhan and 15 other entities.
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
Markets recorded their biggest single-day fall since August 1 amid growth concerns in the euro zone.
Existing units stay operational; those approved may not be notified, land could be used for other purposes
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
Nifty snaps 10-day winning streak
In an hour-long chat on rediff.com on Thursday, A K Prabhakar, senior VP and Head - Equity Research (Retail), Anand Rathi Financial Services Ltd, answered some important questions on the market.
Sensex witnessed the biggest single day gain since May 2009 in absolute terms.
If Wednesday was any indication, the rest of the Parliament session will see the two sides scoring brownie points against each other, and the Gandhis can expect more enemy fire directed at them, says Rashme Sehgal.
Investors cheered a sharp decline in the Current Account Deficit, which stands at a 4 year low as exports picked up and gold imports reduced.
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