Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Extending losses for 7th session, Nifty fell below the 8,000 mark for the first time since Nov 25
Broader markets underperformed indices with BSE Midcap down 0.43% while the Smallcap index fell 0.07%.
The previous highest divestment proceeds for the first half of a year was around Rs 21,000 crore in 2016-17.
Govt has drawn list of PSUs for strategic sale: Jaitley
The BSE Sensex zoomed 318 points to end at 33,351.57, while the broader Nifty spurted 88 points to 10,242.65.
Finance Minister Arun Jaitley, in the Budget for 2015-16, is likely to target around Rs 43,000 crore (Rs 430 billion) from divestment proceeds, almost the same level that the government expects to realise from stake sale in PSUs this fiscal.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
PSU employees will now get an option to subscribe up to 5 per cent of the issue size at a discount after the completion of disinvestment in the concerned state-owned company.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
The government on Thursday fixed Rs 358 a share as the floor price for up to 10 per cent stake sale in Coal India on Friday, which may help the exchequer garner about Rs 22,600 crore (Rs 226 billion) in the biggest sale of shares.
The S&P BSE Sensex plunged 128 points to end at 25,102.
Expects to raise Rs 9,300 crore from Indian Oil share sale on Monday
Metal sector is not too happy from Budget announcements for the sector
The S&P BSE Sensex surged 364 points to end at 24,607 and the Nifty50 soared 107 points to close at 7,476.
Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
Metal stocks also had a good session, with JSW Steel zooming by 7%, and Tata Steel and Nalco gaining about 3% each.
Financials were among the top losers along with Sun Pharma and index heavyweight Reliance Industries
New Delhi has missed its target for partial privatisations for the past five years
Investors sought to book profits at attractive valuations after recent run up in last few trading sessions.
Arun Jaitley will aim for jumps in other revenue streams for the government.
Eight Sensex biggies such as Reliance, L&T, BHEL, SBI and ICICI Bank are among the worst hit.
Union Budget 2014-15 is positive for metals and mining companies.
Bank shares were the top gainer in early trades with Bank of Baroda up over 4%.
Biggest ever share sale by any private or public sector co in India.
Markets could slide again owing to conditions in Europe and the US.
Markets will remain closed on Thursday, 12 November 2015 on account of Diwali Balipratipada.
This Budget signals a shift from a hand-out to a hand-up economy.
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
A large chunk of the Rs 8.8 lakh crore of investments the Patnaik government had attracted is in uncertain territory.