Soumya Kanti Ghosh, Group Chief Economic Adviser of State Bank of India, says a special window could be opened for oil marketing companies to separate their daily demand of around $250-300 million from routine operations
In the smallcap space, a total of 793 stocks ended the financial year in the red, while 301 managed to stay in the green.
Kela said when he invests, he is prepared to believe the developments may last for three more months and the indices or individual stocks may go down further from here.
On the night of 25th February, Shankar said he heard a lot of jets flying overhead. That was probably shorties being flown by American fighters, which was from the aircraft carrier in the Gulf, he said.
Madhu Kela said Rakesh Jhunjhunwala would have really watched for the markets to stabilise, and for bad news to stop impacting prices.
Stock market correction: A big selloff on Monday-the last trading day of the financial year - tightened grip of bears on the Dalal Street.
Meanwhile, with three market closures: Ram Navami, today's Mahavir Jayanti, and the upcoming Good Friday on April 3, falling within a span of just seven days, Kamath earlier noted that such a cluster of holidays almost guarantees a news cycle that can swing markets either way.
While March 31 serves as a full market holiday, April 1 functions as a settlement holiday.
Elara Capital has picked as many as 20 stocks from the large-cap, mid-cap and small-cap baskets, suggesting upside potential of up to 150 per cent.
SEBI’s interim order stated that the bank accounts of the six noticees would be impounded to the extent of unlawful gains worth Rs 51.26 crore.
Nifty remained below the falling 10-DEMA, and repeated rejection near short-term averages reflects distribution on every bounce, said Dhupesh Dhameja of SAMCO Securities.
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