The daily MACD remained bullish and traded above the signal line.
The tribunal had quashed the order but partly allowed disgorgement of the Rs 13 crore fee from the auditors concerned.
Strong corporate earnings since last week have provided some respite to equity markets.
Issuers must make appropriate disclosures at the time of listing and on a continuous basis.
We assume that 30 per cent of banks' NBFC exposure becomes non-performing, said Fitch.
Most other actively-managed funds also underperformed their benchmarks.
"Quality of management is the first principle of investing" says Bharat Shah.
Few brokerages have projected RIL to become a $200-220 billion entity in next 4-5 years.
The underlying factors for slowdown in India are very different from that in China.
Agrawal said he has gone wrong many time in judging the integrity of management.
DHFL on Thursday reported a net loss of Rs 242 crore for September quarter.
LIC, the public sector insurance giant, offloaded shares, mainly midcaps and smallcaps.
The company’s inventory has increased from Rs 18 crore to Rs 40 crore.
The phenomenon shows up in the economy in one form or the other most of the times.
Some of these companies are also favourites of well-known value investors. BSE Smallcap index is
On the NSE, it tumbled 5.39 per cent to close at Rs 199.95 apiece.
Welspun India on Tuesday reported a 66.5 per cent jump in consolidated net profit at Rs 202.6 crore for the September quarter.
The growth has been driven by a 183.21 per cent increase in third-party cargo compared to that in the corresponding period in the previous financial year, it said.
Bajaj Finance fell 2.6 per cent to Rs 4,031 despite posting a strong Q2 performance.
"We expect the market to either remain sideways or witness more profit booking."
India VIX moved up 5.52 per cent to 16.81 level.
The market breadth was neutral, as losers and gainers were nearly equal on the BSE.
CLOSING BELL: Infosys selloff sends Sensex 334 points down; Nifty below 11,600; TaMo drops 4%, Bharti Airtel 3%
However, provisions climbed about 90 per cent during the quarter under review.
Revenue from retail business jumped 27 per cent YoY to hit a record of Rs 41,202 crore.
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