In fact, these stocks have scaled their new highs amid the carnage.
BSE Bankex (down 5.39 per cent) was the top sectoral loser, with all constituents deep in the red.
The broking firm said it has managed to fulfil its settlement obligations during this period.
The sell off wiped off Rs 3.21 lakh crore from market capitalization of BSE-listed companies.
BSE Midcap and BSE Smallcap indices rose 2.56 per cent and 3.22 per cent, respectively.
Foreign fund managers have been selling heavily in Indian equity and debt markets.
Consequently all assets such as securities and bank balance will be handed over to the clients.
The central bank also announced targeted LTROs (TLTRO) at monetary policy review.
Post the RBI rate cut, the focus soon shifted to the impact on the GDP growth.
The stock has four strong ‘buy’, six ‘buy, 4 ‘hold’, 6 ‘sell’ and ‘strong sell’ ratings.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon