Adani Ports, Hindalco among stocks with 100 per cent 'Buy' rating by analysts.
Cyient also disappointed on the revenue front, with 8 per cent year-on-year (YoY) organic growth
At 09:42 AM, with a market cap of Rs 5.03 trillion, SBI stood at seventh place in the overall market cap ranking of companies, BSE data shows
The index EPS tracks the combined earnings of the 30 companies that are part of the Sensex
Data shows that bond yields here are significantly higher than the earnings yield
A sharp rise in crude oil prices also affects the markets through its adverse effects on the exchange rate
The BSE benchmark tanked 773.11 points or 1.31 per cent to settle at 58,152.92 after a weak opening. During the day, it tumbled 1,011.93 points to 57,914.10
Long term growth prospects and valuations are key positives
Analysts expect up to a 10% decline in the broader markets due to these changes in global macroeconomic conditions
Analysts bullish over near-to-medium term
Selling doesn't necessarily mean that these entities are trying to cash in on the bullish sentiment
UBS predicts the NSE Nifty 50 Index will fall to 15,500 by the end of June 2022, down almost 5% from Friday's close.
India is more fortunate than other EMs, as it is less dependent on imported capital, says Jones
The list of stocks trading at a premium is dominated by IT, pharma, and index heavyweight Reliance Industries
New owners have to divest part of their stake of about 98 per cent in the firm, which re-listed in Mumbai in early November after emerging from bankruptcy
BSE MidCap has doubled in value since the end of March 2020, against a 70% rally in Sensex
Outperformance to Nifty sharpest in more than a decade
However, investors have to deal with counterparty risk
Many analysts believe a big correction was inevitable and the discovery of a new coronavirus strain was only a trigger
From its recent low of Rs 150.85 apiece (closing basis) touched on May 22, 2020, the stock has rallied 39 per cent on the BSE, data show