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“India will do very well for the next 10 years. You will find portfolios which do not do well. And there are portfolios which will do well. What will distinguish them is the courage to have an asset allocation geared towards the growth asset of equity,” says Anand Rathi Financial Services Deputy CEO.

Led by the robust institutional response, the initial public offer (IPO) of SBFC Finance was subscribed by a massive 70.16 times at close. Monday was the last day of bidding for investors.

Sensex’s non-stop run northwards since March saw the 30-stock index rally close to 15% and hit a lifetime high of 67,619.20 points on July 20. This rally was backed by strong inflows of nearly $19 billion from foreign institutional investors, and steady inflows from domestic institutional investors.

Actually it does not matter what is the share entitlement ratio and let me explain you why. See, this is a demerger where all the shareholders of ITC will have direct and indirect 100% economic ownership in the new ITC Hotels business. So what the company is doing is that they are demerging the ITC Hotels into a separate wholly owned subsidiary.

Maruti Suzuki India, incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 281588.46 Crore) operating in Auto sector.

"Infosys’ last two deal wins, clearly reduces some concerns about Infosys in particular because their numbers were hurt most when they reported the earnings releases. But now with the continuous bank downgrades in the US, banks being 25-30% of an IT services company’s revenue basket, there is going to be some amount of pause in discretionary spending of IT services. IT services as a sector is unlikely to be re-rated anytime soon.".

The downgrade was largely on account of the 1Q margins miss. Going forward, investments are likely to drive growth that will likely keep margins low. Valuations are in a fair value zone.

The stock quoted a 52-week high price of Rs 10760.4 and low of Rs 5708.1.

The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock.

​It is a one-day candlestick pattern wherein there is a small green real body with a lower shadow extending from the body and is formed at the bottom of a downtrend. The pattern signifies a bullish reversal as it shows that the bulls are trying to push prices higher.​