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Stock market update: Realty shares gain; DLF rises nearly 3%
NEW DELHI: Realty shares were trading in the positive zone in Tuesday's morning session.

Shares of DLF (up​ 2.82 per cent)​, Prestige Estates Projects (up​ 1.51 per cent)​, Phoenix Mills (up​ 1.04 per cent)​, SOBHA (up​ 0.6 per cent)​, Oberoi Realty (up​ 0.51 per cent)​, Indiabulls Real Estate (up​ 0.41 per cent)​, Godrej Properties (up​ 0.23 per

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Two dozen apply for SEBI chairman post
As many as two dozen people, including two whole-time members of Securities and Exchange Board of India (SEBI), have applied for the post of chairman of the capital markets regulator, sources said. The last date for applying for the post was February 10.

A couple of serving and retired bureaucrats have also applied for the position, sources said.

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China main indexes fall as coronavirus spreads globally; small caps rise
SHANGHAI, - China's main stock indexes retreated on Monday, as a spike in coronavirus infections and deaths beyond mainland China overshadowed assurances from Beijing that it would step up efforts to help cushion the blow to its economy, while small-caps extended their bullish run.

The blue-chip CSI300 index fell 0.4 per cent to 4,132.84, while

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Share market update: Pharma shares slip; Biocon down over 3%
NEW DELHI: Pharma shares were trading lower in Tuesday's morning session with their sectoral index trading lower.

Shares of Biocon (down​ 3.31 per cent)​, Divis Laboratories (down​ 2.01 per cent)​, Glenmark Pharmaceuticals (down​ 1.96 per cent)​, Dr Reddys Laboratories (down​ 1.56 per cent)​, Sun Pharmaceutical Industries (down​ 1.31 per cent)​, C

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Sensex plunges most since Budget day on coronavirus scare
NEW DELHI: Extending declines for the second-consecutive session, equity benchmarks Sensex and Nifty cracked in Monday's trade tracking intense selloff in global markets amid rising concerns over Chinese coronavirus epidemic.

Analysts said markets witnessed selling across the board on renewed concerns surrounding the impact on the global economy

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By Marton Eder and Zoltan Simon

Write off inflation at your peril.

Even in a world where more than a decade of ultra-low interest rates has largely failed to ignite prices, there’s still room for a surprise -- as one Hungarian central banker has found.

Deputy Governor Marton Nagy told a conference in Budapest in October that inflation was

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Coronavirus dents TVS Motorsupply chain; shares slip 5%
Shares of TVS Motor Company cracked over 5 per cent in Tuesday’s early trade after the company on Monday said that the coronavirus outbreak has impacted supply of certain components, thereby affecting about 10 per cent of its planned production for February.

The scrip traded 5.58 per cent down at Rs 413.10 at around 9.20 am, while the benchmark

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Trump-Modi bonhomie fails to rub off on D-Street; Sensex tanks 800 points
As US President Donald Trump landed in India in signs that converging interests between the two nations, there were warmth and bonhomie all around, overriding recent differences over e-commerce, agriculture, medical devices, digital trade and proposed new tariffs, which raised hopes of better political, security and trade ties between two of the
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Bata, Jubilant Food, Nippon India AMC in line to join FTSE World, Global Equity Series
Amid superlative performance of Bata India, Jubilant FoodWorks and Nippon Life India Asset Management, the FTSE has decided to consider these companies for both FTSE All-World and FTSE Global Equity Series list in its latest March 2020 semi-annual review .

Shares of Nippon Life India Asset Management have soared 183 per cent to trade at Rs 441.70

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Domestic equity indices traded on a steady note in Tuesday’s opening trade, after a massive fall in the previous session, mostly in line with their Asian peers. A media report on a possible vaccine for the coronavirus also helped the sentiments.

BSE flagship Sensex was up 100 points at 40,463 while NSE benchmark Nifty added 29 points to 11,858.

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Mauritius in FATF -lsquo;grey list-; worried banks, fund advisors knock Sebi's doors
MUMBAI: Mauritius, the tax haven used by for foreign investors for the past three decades to bet on Indian stocks, is now in the ‘grey list’ of Financial Action Task Force (FATF) -- an inter-governmental policy making body setting anti-money laundering standards.

As the jurisdiction comes under the strict monitoring of FATF, there is a question

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Sell SRF, price target Rs 4,000: Kunal Bothra
Kunal Bothra has a sell call on SRF Ltd. with a target price of Rs 4000.0 . The current price of SRF Ltd. is Rs 4112.0 . Kunal Bothra recommended to keep a stoploss at Rs 4180 .

SRF Ltd., incorporated in the year 1970, is a Large Cap company (having a market cap of Rs 23955.00 Crore) operating in Diversified sector.

SRF Ltd. key Products/Revenue

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Share market update: Bank shares dip; HDFC Bank down 1%
NEW DELHI: Bank shares were trading with losses in Tuesday's morning session.

Shares of IDFC BANK (down​ 1.02 per cent)​, HDFC Bank (down​ 0.6 per cent)​, ICICI Bank (down​ 0.5 per cent)​, IndusInd Bank (down​ 0.31 per cent)​, Punjab National Bank (down​ 0.1 per cent)​ and Kotak Mahindra Bank (down​ 0.01 per cent)​ were the top losers in the index

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TCS, DLF seek govt nod to set up SEZs
Software firm TCS and realty major DLF have sought government nod to set up special economic zones (SEZ) for IT sector in Haryana and Uttar Pradesh.

These proposals will be taken up by the Board of Approval, the highest decision-making body for SEZ, in its meeting on February 26 here. The inter-ministerial body is chaired by the commerce

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Power forward, derivatives trade soon
New Delhi: India's power sector is poised to open up for forward and derivative contracts trading on exchanges as decade long jurisdictional issues between the Securities and Exchange Board of India (Sebi) and the electricity regulator are being resolved. That’s seen as paving the way for more efficient and reliable energy trading in line with g
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Stock market update: Private banks slump; City Union Bank falls 1%
NEW DELHI: Shares of private banks were in the red in Tuesday's morning trade.

Shares of City Union Bank (down 0.92 per cent), HDFC Bank (down 0.65 per cent), ICICI Bank (down 0.49 per cent), IDFC Bank (down 0.38 per cent), IndusInd Bank (down 0.27 per cent) and Kotak Mahindra Bank (down 0.11 per cent) were the top losers in the index.

While RBL

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Share market update: BSE Midcap index dips; Glenmark Pharma slumps 5%
NEW DELHI: The BSE Midcap index was trading in the red in Monday's session.

Shares of Jindal Steel - Power (down 7.91 per cent), Steel Authority of India (down 5.69 per cent), Glenmark Pharmaceuticals (down 5.09 per cent), Vakrangee Ltd (down 4.92 per cent), Wockhardt (down 4.2 per cent), Bharat Electronics (down 4.16 per cent), Indian Bank

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Thursday's session on Dalal Street was important from a technical perspective, and domestic equities continued to correct from higher levels to end the day on a negative note.

After a flat start, Nifty inched higher and traded with modest gains by afternoon. However, the second half of the session saw the index pare its gains. Nifty came off the

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Share market update: Auto shares in the red; TVS Motor slips 5%
NEW DELHI: Auto shares were trading in the red in Tuesday's morning session.

Shares of TVS Motor Company (down​ 5.63 per cent)​, Bosch (down​ 1.31 per cent)​, Amara Raja Batteries (down​ 1.2 per cent)​, Tata Motors (down​ 0.93 per cent)​, Motherson Sumi Systems (down​ 0.87 per cent)​, TATAMDVR (down​ 0.65 per cent)​, Bajaj Auto (down​ 0.62 per cen

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Milan stocks hit near 3-week low as virus pandemic fears knock Europe
A jump in number of coronavirus cases outside China hit European shares on Monday, as investors feared the outbreak will take a bigger toll on global growth than anticipated.

The pan-European STOXX 600 tumbled 2.5 per cent by 0816 GMT, on pace for its biggest percentage loss since October, with all the major regional indexes down over 2 per cent.

M

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Market to remain volatile ahead of F O expiry; investors eye Trump visit
New Delhi: Domestic market is expected to remain volatile ahead of derivatives expiry as investors await fresh cues from US President Donald Trump's visit next week, according to analysts.

Market participants will also be eyeing GDP estimates and infrastructure data, due to be released on Friday.

"In the near-term, the volatility could increase

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Warren Buffett calls coronavirus outbreak 'scary stuff,' but says he won't be selling stocks
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc, on Monday called the coronavirus outbreak "scary stuff" but said that it was no time to sell stocks despite the threat of a pandemic.

Speaking on CNBC, Buffett said investors with a 10- to 20-year time horizon and focused on companies' earnings power will fare well in stocks, and

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Union Budget 2021 is behind us. While there are many things to say about the Budget, the core takeaway for us was the realistic growth estimate of 10 per cent (nominal) and a fiscal deficit of 3.5 per cent for FY21.

The core thrust of this Budget was to improve the ease of doing business. To achieve that goal, the government is trying to improve

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Govt keen to sell stake in THDCIL, NEEPCO to NTPC this fiscal
New Delhi: The government is keen to sell its stake in THDC India and North Eastern Electric Power Corporation (NEEPCO) to state-owned NTPC in the current fiscal, according to a source.

The acquisition is expected to fetch around Rs 10,000 crore to the exchequer.

"The government is keen to complete the transaction whereby the NTPC would acquire

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Buzzing stocks: Vodafone Idea, RIL, IRCTC, Suzlon Energy
NEW DELHI: Vodafone Idea with over 7.82 crore shares changing hands was leading among the most traded stocks on NSE on Tuesday.

Shares of Suzlon Energy (number of shares traded: 1.19 crore), GMR Infra (number of shares traded: 0.90 crore), YES Bank (number of shares traded: 0.80 crore), Tata Motors (number of shares traded: 0.50 crore), SBI

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GAIL to invest Rs 1.05 lakh cr to create infra for gas-based economy
New Delhi: GAIL India Ltd, the country's largest gas utility, will invest Rs 1.05 lakh crore over the next five years to expand pipelines, lay city gas distribution network and raise petrochemical production capacity, its new chairman and managing director Manoj Jain said on Monday.

Gas pipelines are planned to take the fuel to the east and

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Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. Read the full text here:

To the Shareholders of Berkshire Hathaway Inc.:

Berkshire earned $81.4 billion in 2019 according to generally accepted accounting principles (commonly called “GAAP”). The components of that figure are $24 billion of operating earnings,

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F O: Put writers run for cover; VIX nearing trendline breakout
By Chandan Taparia

Nifty opened negative on Monday and witnessed sustained selling pressure throughout the day till the end of session amid a major selloff in global bourses. The bears were active from the word go. As a result, Nifty continued to make lower lows as the day progressed and ended the session near to its lowest point.

The index formed

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Base Metals: Copper, nickel fall in futures trade amid low demand
Nickel prices on Monday fell by Rs 4 to Rs 928.30 per kg in futures trade due to reducing of positions by speculators amid subdued demand at spot market.

On the Multi Commodity Exchange, nickel contracts for February delivery fell by Rs 4, or 0.43 per cent, to Rs 928.30 per kg with a business turnover of 962 lots.

Similarly, nickel contracts for

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Six of top 10 companies lose Rs 29,487 crore in m-cap; Bharti Airtel top laggard
New Delhi: Six of the 10 most valued domestic firms suffered a combined erosion of Rs 29,487 crore in market valuation last week, with Bharti Airtel emerging as the biggest loser.

TCS, HDFC, HUL, HDFC Bank and RIL were the other bluechip firms which witnessed a drop in their market capitalisation (m-cap) for the week ended Thursday, while Infosys,

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