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The slide would be sharper if the results of banks and other financial services companies are excluded from the aggregate numbers, analysts said. Telecom companies are expected to show an uptrend in profits and revenues, they added.
What is buzzing in unlisted share space?IIFL Securities has sold over Rs 100 crore worth of PharmEasy stock to wealthy individuals at Rs 103 a share. Those shares traded at Rs 78 earlier when promoters did not release much stock. PharmEasy is estimated to be valued… Read MoreNSE-BSE bulk deals: Ashish Kacholia buys stake in Sastasundar VenturesIn another transaction, Saint Capital Fund sold 264,287 shares of newly-listed HP Adhesives at Rs. 315 per share through a bulk deal on the NSE.
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… Read MoreAhead of Market: 12 things that will decide stock action on WednesdayRohit Singre, Senior Technical Analyst at LKP Securities said, as long as Nifty50 stays above 17,200, one can expect an extension of the current pullback. "If the index fails to hold, we may see some profit-booking towards th… Read MoreNSE-BSE bulk deals: TCG Fund sells stake in GG EngineeringTCG Fund today sold 549,306 shares of GG Engineering at Rs. 12.35 apiece through a bulk deal on the BSE.
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… Read MoreSebi levies Rs 17-cr fine on Cals Refineries Ltd, its officials and one entity Cals Refineries had issued 78.8 lakh GDRs amounting to USD 200 million and the issue had closed on December 12, 2007.
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