A few analysts were surprised by the revenue growth of 3.8 per cent; many had expected revenue growth to be 2.5-2.7 per cent.
Share rises further to 73 per cent from 66 per cent last year; Some overseas i-banks seen scaling down operations
Banks stocks continued to trade weak along with FMCG major ITC.
Markets gained for the fifth straight session to end the customary 'Muhurat' trading session held to usher in the new year Samvat 2071 on a firm note post the slew of reforms announced by the government over the past few days.
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Experts caution that the rally in these stocks may fizzle out soon, as the overall market sentiment still remains weak.
Among Sensex constituents, Vedanta fell 3.40 per cent, followed by SBI 3.17 per cent, Yes Bank 3.11 per cent, Axis Bank 1.68 per cent, ONGC 1.60 per cent, Power Grid 1.52 per cent and HDFC 1.48 per cent.
Thinning valuation gap between these and mid-caps indicates a shift in investors' preferences.
IT majors weakened ahead of the September US jobs data and telecom stocks ended lower
Natco Pharma, Wockhardt and Marksans have rallied between 50 and 70 per cent in the year till date.
Equity fund managers say large-caps offer higher relative safety, especially in such times.
Sun Pharma stock has appreciated at 35% a year for 20 years
While the number of international MF schemes is increasing, so is the confusion for investors.
D-Street is hoping RBI policy review meeting on Tuesday will uphold its stand on easing of interest rates
Gold prices are already moving fast to the key level of Rs 30,000 per 10 gms
'It is unlikely that foreign portfolio investors (FPIs) might increase their India allocation, given the overweight status for most FPIs.' 'Given the commentary from the Republican Party, an anti-imports approach means money will not flow out of the US.'
The broader Nifty of National Stock Exchange scaled the 10,200 mark intra day before closing at 10,184.85, showing a sizeable gain of 38.30 points, or 0.38 per cent.
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Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Trai lowering of roaming tariffs likely to have negligible impact on financials as existing headline tariffs are lower.
Most analysts expect the note ban to sharply hit GVA growth in Q3 and Q4, and the central bank's stance is being called into question.
The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.
The broader NSE Nifty closed below the 10,600 mark by plunging 98.15 points, or 0.84 per cent, to 11,582.35 after shuttling between 11,567.40 and 11,751.80.
Select companies in infra, capital goods, private banks, auto, oil & gas, and mining could be considered by investors.
However, RBI would continue to nudge banks to cut lending rates
Broader markers outperformed their larger peers.
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FIIs pump in $1.4 billion in March, after pulling out $2.9 billion in Jan-Feb.
Foreign money has been pouring into India's fast-growing e-commerce sector, with investors ranging from Japan's Softbank Corp to Singapore's Temasek Holdings.
Markets and blue chip stocks may see a downward correction in short-to-medium term.
Net profits may dip 4.9% y-o-y, but the silver lining is that performance may be better than the preceding quarter
Notable losers were ONGC, Axis Bank, ITC, SBI, ICICI Bank, NTPC, Hero Motocorp, Sun Pharma and Bharti Airtel who fell by up to 2.80 per cent.
US Fed rate rise raises risk of further drying up of FII flows.
Another negative surprise in HCL's numbers was the decline in the margin by 40 basis points to 21.4 per cent.
With commodity markets remaining soft and uncertain, it is likely the money will flow into equity markets with strong upsides, such as India.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
Metal shares gained on hopes that the government may adopt ordinance route for mines sector reforms
The proposal to levy a 'super-rich' tax, at the rate of 35 per cent, on those earning more than Rs 10 crore a year might not receive support of the Union Cabinet.
The earlier government was blamed for non-performance, the current one will be rightfully blamed for mismanagement