The main losers on the Sensex were Tata Steel, Hero Moto, BHEL, ONGC & Maruti Suzuki.
Infrastructure and real estate prominently feature as wealth destroyers.
His portfolio was worth Rs 12,333 crore at the end of June 2018. It was worth Rs 10,633 crore at the end of the September quarter. Smallcaps account for the largest number of his stock-picks. Such a fall has now happened for the third quarter in a row.
The total value of M&As involving Indian companies surged nearly 63 per cent to $7.8 billion in the first three months of 2016, primarily spurred by big-ticket divestment transactions.
Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last March, Jaypee had issued 7,997 offers of possession to homebuyers while executing only 6,530 sub-lease deeds. These deeds offer homebuyers possession rights but, unlike registration, does not guarantee absolute ownership.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The central government's highway award and construction target for the current fiscal is dominated by the Bharatmala scheme.
RPG Industries, Hindalco, SAIL, Jindal Steel, Monnet Ispat, GVK Power and Jaiprakash Associates among companies summoned for review.
Oil and Natural Gas Corporation, Hindalco Industries, Tata Steel and Vedanta were down up to 70 per cent below their one-year highs.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Jindal Power bagged 2 coal mines in Chhattisgarh.
Mining baron Anil Agarwal-led Vedanta Group has bid for the most number of 14 coal mines out of 23 on offer in the first round of auction which also have aggressive bids by Aditya Birla Group, Adani and Naveen Jindal group, but was shunned by foreign players.
In line with a weak stock market where benchmark Sensex plunged nearly 300 points, as many as 263 stocks hit their respective one-year lows on BSE on Monday.
This is, say tax experts, the first time that a car race circuit has been held to be the permanent establishment of an assessee.
The reason for the EPE's relatively low volume of traffic may lie in the lack of adequate safety measures, especially after sundown. Barring intermittent patches, the highway has no street lights.
Govt to issue ownership rights of 15 coal mines on Mar 23.
The continuing stress faced by corporate India has weakened their debt-servicing capability and this is reflected in the banks' books, as yet-burgeoning bad loans.
This was the companies' highest loss in two years.
While such buying could indicate confidence in the business, investors should do a comprehensive evaluation before getting into the stock.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Essar group, Bhushan Steel and JSW group likely to be impacted by changes
n the broader market, both the BSE Midcap and Smallcap indices, were up 1.2% and 0.7% each.
Bharti Airtel , RCom and Tata Communications ended down between 0.1-1%.
Deal comes within days of Abu Dhabi's TAQA pulling out of agreement.
The month also saw Adani Power acquiring the 600-Mw Korba West thermal power plant from the Gautam Thapar-led Avantha group for Rs 4,200 crore (Rs 42 billion).
Israel and India are likely to finalise a free trade agreement next year
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
Ahmedabad-based firm to fund deal through equal amount of equity and debt.
The spike at private sector lenders like ICICI Bank and Axis Bank follows a push to grab market share from India's dominant state banks.
Nifty September F&O series ended lower after seven consecutive positive series with Metal Index falling the most
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
Shree Cement beats ACC in market value, Lupin ahead of Dr Reddy's Labs
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.
Largest deal in thermal power space; Lanco to use proceeds to lower debt.
Promoter holding in family-owned firms up 70 bps since 2005, 240 bps since 2010.
Slowdown and liquidity squeeze by RBI have put India's top 10 indebted firms in a tight spot. But they have a few options.
Since April 1, promoters of Jaiprakash Associates have released more than 225 million Jaiprakash Power Ventures shares (valued at Rs 425 crore) pledged with lenders.
Sensex firm on favourable GDP numbers for FY16.
Go for high quality and low-to-medium-duration funds in your debt portfolio