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.
Pharma major Lupin and mortgage lender HDFC were the top losers.
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.
Rate sensitive sectors rallied the most led by banks while metals surged on rebound in commodity prices
The 30-share Sensex closed down 115 points at 28,444 and the 50-share Nifty ended down 31 points at 8,524.
The Nifty and Bank Nifty ended at record closing high of 7,913 and 15,865 respectively.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Promoters of 517 companies have pledged nearly 46.35 per cent of their shares, the highest since the 2008 global financial crisis.
Anurag Singal, founder of cajobportal, a job site that caters exclusively to CAs and commerce graduates tells us how he aims to skill and enable satisfactory employment to aspiring professionals.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
India has made a remarkable journey from a top-down system of economic decision-making to one that unleashed our entrepreneurial spirits but the next big jump lies in enhancing the quality of our tale.
