Unless unique, avoid investing in IPOs.
The S&P BSE Sensex shed 286 points to close at 24,539 and the Nifty50 lost 100 points to end at 7,456.
SBI plunged over 3% after posting a 34.57% fall in net profit to Rs 2,538 crore for the quarter ended September 2016 on rise in provisions for non-performing loans.
The S&P BSE Sensex closed at 26,190, up by 43 points and Nifty50 settled above 7,950 to end at 7,963, up by 17 points
Sensex in green, midcaps, smallcaps fail to show up; bluechips rule.
BSE Metal and Capital Goods indices plunged over 2% followed by counters like Consumer Durables, Auto, Banks and Realty, all falling down between 1-2%.
As corporate India prepares to put its house in order, the transition raises concerns
SBI, PNB, Bank of Baroda, Canara Bank, Dena Bank, Central Bank of India ended down 3%-12% each.
The $100 billion Tata group conglomerate is a major beneficiary of the decision to open up aviation in India.
IIP for November 2015 and CPI for December 2015 will be announced today.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Investors remain cautious ahead of F&O expiry.
The disappointment of the year is government's failure in finalising the re-drafted aviation policy.
Pharma major Lupin and mortgage lender HDFC were the top losers.
Despite having started at least a decade later than Jet Airways, IndiGo accounts for the lion's share in the domestic market
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
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