PNGRB has knocked the gas out of city-gas supplier IGL as it fixed the company's new tariffs at a much lower-than-expected level, reports CNBC-TV18's Nayantara Rai.
Portfolio Management Services (PMS), Kotak Securities advices whoever invests in Kingfisher clearly has a high appetite for risk and for steady state investors this is definitely not a bet to take on.
Shashank Khade, Executive VP & Head – PMS, Kotak Securities shares his view on Hero Motocorp and Bajaj Auto.
JK Cement looks good from long term perspective, says Shashank Khade, Executive VP & Head - Portfolio Management Services (PMS), Kotak Securities.
Shashank Khade, Executive Vice President & Head - Portfolio Management Services (PMS), Kotak Securities is bearish on banking & IT stocks. He expects asset quality of banks to detoriate further in next couple of quarters.
After a promising start, market nosedived to end deep in red. The Nifty cracked well below the 5,400 support zone to close at 5,331 down 73 points. The Sensex shut shop at 17,693 down 247 points.