Are bank stocks really out of favour? Why's investor loyalty shifting to SpiceJet? Find out!

THE ECONOMIC TIMES Thu, Jan 28, 2016 | 05:26 PM IST ET Market Watch Newsletter

FIIs raise stake in ICICI Bank, TCS, Tata Steel, L&T; pare in Infy, RIL, CIL, BHEL FIIs were net sellers in the domestic market in Q3, but they kept shopping for stocks that turned attractive in terms of valuations after market correction. Tepid response to Precision Camshafts IPO on Day 2 The issue had received bids for 9,08,240 shares, or 0.06 times the offer, on Day 1. Out of them, 8,96,880 shares were bid for by retail individual investors (RIIs) alone. Market ends flat on F&O expiry, Nifty50 holds above 7,420 The benchmark BSE Sensex closed 22.82 points, or 0.09%, lower at 24,469.57 while the NSE's Nifty50 ended the day at 7,424.65, down 0.18% or 13.10 points.

Interview One to One In a chat with ET Now, Mahesh Nandurkar, India Strategist, CLSA, says private banks look attractive along with IT sec... Mahesh Nandurkar ,India Strategist,CLSA

Market Watch 28 Jan | 05:26PM SENSEX 24469.57↓-22.82 NIFTY 7424.65↓-13.10 USD/INR 68.22↑0.17 GOLD (Rs/10g.) 26840.00↑91.00

Gainers Losers 28 Jan, 2016, 05:26PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Rane Brake Lining Ltd. 392.40 20.00 25354 392.40 300.00 Modi Naturals Ltd. 106.65 19.97 21030 106.65 103.00 MFL India Ltd. 0.73 19.67 2183966 0.73 0.60

FROM THE NEWSPAPER

NSE's average daily F&O turnover surges 41% in Jan to hit the highest level since April 2015 The average daily turnover on NSE's F&O segment has surged to the highest level since April 2015 amid anxiety over global slowdown, earnings and the Budget. Shares of construction, materials and cement firms rally on Smart City plan Shares of construction, cement and construction material companies surged up to 9 per cent in trade after the government announced the first list of 20 smart cities. Analysts, investors shun InterGlobe, shift loyalty to SpiceJet post results SpiceJet swung into green in December quarter with net profits of Rs 238 crore compared with a loss of Rs 275 crore reported for the same period a year ago. Key takeaways for Dalal Street from the US Fed statement The US Federal Reserve on Wednesday kept key policy rates unchanged at its first rate-setting meeting of the new calendar, saying it is keeping a close watch on the global economic conditions. Bank stocks may be out of favour, but MFs raise bets in top private lenders Among 78 BSE500 firms which have disclosed their shareholding pattern till Tuesday, 14 have seen a rise in shareholding by MFs for the 5th quarter in a row.

MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices

More Newsletters

Daily Newsletter Special stories that round up the major developments of the day

ET Mutual Fund A weekly round-up of the top news and views from the mutual fund industry

ET Investment Opportunities Property, Stocks, IPOs, NFOs, Mutual Funds and latest investment options in your inbox

Wealth Weekly news on personal finance, stocks, property, gold, tax planning and more

View All

Follow Us on ET:

About us|Advertise with us|Terms of Use|Privacy Policy|Feedback|Sitemap|Code of Ethics © 2016 Times Internet Limited.

To ensure delivery directly to your inbox, please add etnotifications@indiatimes.com to your address book today. If you are having trouble viewing this newsletter, please click here

To unsubscribe or edit your subscriptions please click here