Worries remain on earnings-valuations mismatch, global issues; resolution of the MAT row could be biggest positive trigger
As yields on 10-year government bonds rose from 6.65% in April 2017 to around 7.50% now, liquidity pressures have increased the cost of funds for housing finance companies.
Promoter entity RRPR - owned by Prannoy and Radhika Roy - says allegations baseless; replies to queries by Sebi.
Assocham told Modi policy makers needed to act fast to "bullet proof" India from global jitters.
Cairn, which is sitting on a cash pile of about $3 billion, in a statement said its board has approved buying 17.09 crore shares or 8.9 per cent of the total shareholding, from open market at no more than Rs 335 apiece.
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
Since you are betting only on a few stocks, the risks are high.
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