The restraint on part of investors was chiefly because of RBI's minutes of its December policy meeting, which showed that some members were concerned about rising oil prices, its inflationary impact and possibility of fiscal slippage.
Domestic brokerage Sharekhan's last month's analysis of buy and sell transactions by mutual funds shows that the fund houses purchased stocks from sectors such as infrastructure, IT, telecom and healthcare, while offloading shares from oil and gas and banking sectors. Domestic mutual funds are lapping up the buying opportunity present in the bear gripped stock market and made net purchases worth Rs 3,179 crore (Rs 31.79 billion) in equities in June.
Infrastructure and real estate prominently feature as wealth destroyers.
Bharti to spend Rs 1,600 cr for spectrum payout over 10 yrs; Telenor to service its own debt.
Eight Sensex biggies such as Reliance, L&T, BHEL, SBI and ICICI Bank are among the worst hit.
'The growth drivers are mostly invisible, but the growth is undeniable at least for now,' notes Debashis Basu.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
About 1,556 shares have advanced, 1,211 shares declined, and 182 shares are unchanged.
More than 10% (40 of 498 companies) have lost at least half their market value.
The RBI should provide readily accessible summary information on its website about all corporate debt defaulters and the amounts involved.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Auto and realty shares were among the top Sensex gainers.