Here’s why BSE, Angel One, CDSL shares tanked up to 10% on Tuesday

A study released by SEBI on Monday evening disclosed that nine out of every 10 retail traders continued to lose money in the Equity Derivatives Market.

A study released by SEBI on Monday evening disclosed that nine out of every 10 retail traders continued to lose money in the Equity Derivatives Market.

Under existing rules, AMCs can only manage broad-based funds—those with 20 or more investors and no single investor holding more than 25% of the assets—unless they apply for a PMS license, which allows performance-linked fees and less regulated structures.

NBCC is now covered by four analysts, of which three of them have a “buy” rating and one has a “sell” recommendation.

As of 11 AM, 13.3 crore shares of PC Jeweller have already been traded, following Monday’s 64 crore shares and 49.5 crore shares last Friday. The 20-day average trading volume for this stock is 2.5 crore shares.

Of the 31 analysts that have coverage on the stock, 14 have a “buy” rating, seven have a “hold” rating and 10 have a “sell” rating.

For the June quarter, Kotak Mahindra Bank’s loan growth remained strong. Deposit growth was broadly in line with Street estimates.

Despite the surge in these stocks, Prabhudas Lilladher’s Amnish Aggarwal will await more clarity on the final duty structure and is in no rush to buy these stocks.

Brokerage firm JPMorgan said that HAL’s steady progress continues, backed by a strong order book and a healthy pipeline.

The proceeds from the sale will be used to repay existing debt, invest in new and emerging business areas, reward shareholders (subject to applicable approvals) and fund future corporate and growth initiatives.

On Tuesday, market tech analyst Mitessh Thakkar recommended these stocks for the short term.