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Updated: Aug 21, 2018, 03.18 PM IST

GMR InfrastructureThe current market price of GMR Infrastructure is Rs 19.75.
Edelweiss Financial Services has a buy call on GMR Infrastructure with a target price of Rs 24.

The current market price of GMR Infrastructure is Rs 19.75.

Time period given by the brokerage is one year when GMR Infrastructure price can

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India tells state oil firm ONGC to list overseas unit
MUMBAI/NEW DELHI: The Indian government has asked its biggest state-owned firm, Oil and Natural Gas , to list its overseas unit ONGC Videsh, according to a letter seen by Reuters.

The move to float the unit - which has investments in 11 producing assets in countries including Russia, Brazil and Iran - is part of a government push to sell

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Vadilal Industries shares plunge over 10% as Ashish Kacholia cuts stake
Vadilal Ind loses 11per cent as Ashish Kacholia sells stake

Vadilal Industries plunged more than 11 per cent on early Tuesday as well-known investor Ashish Ramchandra Kacholia offloaded 5 per cent stake in the company.

Kacholia sold 3,06,045 shares of Vadilal Industries at an average price of Rs 612.18 on the NSE. He also offloaded 56,260 shares

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Buy Sunteck Realty, target Rs 525: ICICI Direct
ICICI Direct has a buy call on Sunteck Realty with a target price of Rs 525.

The current market price of Sunteck Realty is Rs 487.40.

Time period given by the brokerage is one year when Sunteck Realty price can reach the defined target.

View of ICICI Direct on the company:Goregaon - BKC projects aid revenue growth: In Q1FY19, the company

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Share market update: Nifty Realty top sectoral loser; HDIL, DLF crack 3%
NEW DELHI: The realty index was trading as the top loser among the sectoral indices on NSE in Tuesday's session.

Nifty Realty index was trading 1.46 per cent down at 273.8 around 12:05 pm.

Unitech (down 4.65 per cent), Housing Development - Infrastructure (HDIL) (down 3.09 per cent) and DLF (down 2.98 per cent) were the top losers in the

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Affordable housing is new money spinner for HFCs
MUMBAI: What started as a political platform to gain votes — the affordable housing initiative — has become a money spinner for housing finance companies, with even big firms such as HDFC and Dewan Housing gaining nearly 20 per cent of their growth from this segment.

Under the four categories — economically weaker section (EWS), lower income group

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Buy Titan Company, target Rs 1,036: Edelweiss Financial Services
Edelweiss Financial Services has a buy call on Titan Company with a target price of Rs 1,036.

The current market price of Titan Company is Rs 915.

Time period given by the brokerage is one year when Titan Company price can reach the defined target.

View of Edelweiss on the company:Titan’s jewellery division was soft in Q1FY19 on expected lines. H

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NEW DELHI: Extending the gains into a third session, equity benchmarks Sensex and Nifty opened in the green on Tuesday even though US President Donald Trump downplayed the chances of a breakthrough in the US-China trade talks, scheduled for this week.

The Nifty50 opened Tuesday’s session at 11,576, while the Sensex kicked off the day at 38,360.

As

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MUMBAI: Indian stock markets on Monday scaled new record closing highs, with the Nifty crossing 11,500 mark for the first time ever. Positive cues from global markets and recovery in the rupee from its all-time low of 70.40 to a dollar hit last week, helped markets gain.

Most Asian stock indices gained on Monday amid reports that the US and China

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Share market update: Pharma stocks rise up to 4%; Cadila, Sun Pharma among top gainers
NEW DELHI: Most pharma stocks were trading with gains in afternoon trade on Tuesday.

The Nifty Pharma index was trading 1.73 per cent up at 9,968.85 around 01:45 pm.

Shares of Glenmark Pharmaceuticals (up 3.91 per cent), Piramal Enterprises (up 3.06 per cent) and Cadila Healthcare (up 2.36 per cent) were the top gainers in the index.

Dr. Reddy's

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Stock market update: Private bank stocks suffer; ICICI Bank, Axis Bank slip up to 1%
NEW DELHI: A majority of private bank stocks were suffering losses in Tuesday's session.

The Nifty Private Bank index was trading 0.44 per cent down at 15,991.85 around 11:55 am.

Shares of IDFC Bank (down 2.30 per cent), ICICI Bank (down 1.08 per cent), South Indian Bank (down 0.84 per cent) and Axis Bank (down 0.71 per cent) were the top losers

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Sensex retreats from all-time high, Nifty50 above 11,550; Vadilal Industries plunges 12%
NEW DELHI: Fireworks continued on Dalal Street as benchmark indices opened at a new lifetime peaks on Tuesday.

At 09:21 am, the S-P BSE Sensex was trading 30.48 points higher at 38,309.23. The index hit an all-time high of 38,402.96 in the opening deals. Bajaj Auto (up 1 per cent) emerged as the top index gainer whereas ICICI Bank (down 0.55

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By Nupur AcharyaIndian stocks may be Asia’s star performers this year, but Ashburton Investments Ltd. is focusing on one corner of the $2.2 trillion market that has been spared the euphoria: mid-cap shares.

Mid-sized companies whose earnings are tied to the local economy offer better protection against the headwinds from a trade war and the

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Thomas Cook surges 4% post block deal
NEW DELHI: Reports of a block deal rubbed off on Thomas Cook stock today, which jumped 4 per cent.

The block deal involved 0.6 per cent of shares changing hands, according to the reports.

At 09:54 am, the stock was up 3.86 per cent at Rs 249 on the BSE.

The travel services firm posted a consolidated net profit of Rs 69.69 crore for the June

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Buzzing stocks: HCC, RCom, Adani Enterprises, HCL Tech, L T
NEW DELHI: With over 1.82 crore shares changing hands, Hindustan Construction Company (HCC) emerged as the most traded stock on NSE early Tuesday.

It was followed by Reliance Communications (number of shares traded: 0.92 crore), Adani Enterprises (0.61 crore), GMR Infrastructure (0.38 crore), Idea Cellular (0.35 crore), Bank of Baroda (0.33

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Stock market update: Nifty FMCG index slips; HUL among top losers
NEW DELHI: The Nifty FMCG index was trading 0.15 per cent down at 32,330 around 01:35 pm on Tuesday, with Tata Global Beverages (down 2.24 per cent), Godrej Consumer Products (down 1.07 per cent) and Hindustan Unilever (HUL) (down 1.02 per cent) as the top losers.

Shares of United Spirits (down 1.01 per cent), Marico (down 0.92 per cent), United

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Apollo Tyres takes a knock from Kerala floods
Apollo Tyres went off the track on Tuesday as production at its two plants in Kerala was thrown out of gear by the ongoing floods in the state.

Production operations at Perambra and Kalamassery plants have been disrupted due to the floods, Apollo Tyres said in a BSE filing.

The scrip was trading 1 per cent down at Rs 259.10 at around 9.45 am. The

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Asia stocks capped, dollar droops following Trump comments
TOKYO, Aug 21 (Reuters) - Asian stocks were capped and the dollar dipped on Tuesday after US President Donald Trump accused China and Europe of manipulating their currencies and said he was "not thrilled" with the Federal Reserve for hiking interest rates.

Keeping global trade conflict concerns on the boil, Trump said in an interview with Reuters

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Stock market update: Over 35 stocks hit 52-week highs in a cautious market
NEW DELHI: Even as domestic equity market was reflecting cautious sentiment, over 35 stocks, including Reliance Industries, ITC, Amara Raja Batteries, Bata India, Berger Paints, Britannia Industries and Birla Cable, hit 52-week highs during Tuesday's session.

Divi's Laboratories, GlaxoSmithKline Consumer Healthcare, Havells India, JK Paper, NIIT

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Share market update: PSU bank stocks fall; Canara Bank, SBI among top losers
NEW DELHI: Most PSU bank stocks were incurring losses, weighing on the sectoral index in Tuesday's session.

The Nifty PSU Bank index was trading 0.96 per cent down at 3,253.70 around 11:45 am.

Canara Bank (down 1.50 per cent), Oriental Bank of Commerce (down 1.22 per cent), Indian Bank (down 1.17 per cent), State Bank of India (SBI) (down 1.14

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Buy National Aluminium Company, target Rs 76.5 : Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a buy call on National Aluminium Company Ltd. with a target price of Rs 76.5. The current market price of National Aluminium Company Ltd. is Rs 71.5 Time period given by the analyst is Intra Day when National Aluminium Company Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss
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Heavyweights are no guarantee of solid returns on Dalal Street
NEW DELHI: If you thought betting on index heavyweights would guarantee you market-beating returns, rethink.

Since 2004, none of the largest-weighted Nifty stocks in a given calendar year have outperformed the NSE barometer over the subsequent five years, suggests a study by Motilal Oswal Securities.

Reliance Industries, ONGC, Infosys, ITC and HDF

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Ind AS for NBFCs & not just an accounting challenge
BY RAJOSIK BANERJEEIndian Accounting Standards (Ind AS) have become mandatory for certain non-banking finance companies (NBFCs) effective April 1, 2018, with the first quarter reporting out for some. This puts to rest the speculation that the transition to Ind AS for NBFCs may get postponed. Transition to Ind AS, while primarily being an
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Buy Cummins India, target Rs 750: Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a buy call on Cummins India Ltd. with a target price of Rs 750.0 . The current market price of Cummins India Ltd. is Rs 708.5 Time period given by the analyst is Intra Day when Cummins India Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss at Rs 695. Cummins India Ltd.,
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Top intraday trading ideas for afternoon trade for Tuesday, 21 August 2018
NEW DELHI: Equity benchmarks Sensex and Nifty50 were trading almost flat around 12:15 pm on Tuesday as gains in Reliance Industries, HDFC Bank and Wipro were offset by losses in ICICI Bank, Hindustan Unilever and State Bank of India.

ETMarkets.com collated a list of trading ideas from various experts and here's what they had recommended for

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Stocks that turned Rs 1 lakh into over Rs 10 lakh in just three yearsStocks that turned Rs 1 lakh into over Rs 10 lakh in just three yearsStocks that turned Rs 1 lakh into over Rs 10 lakh in just three years
Stocks that turned Rs 1 lakh into over Rs 10 lakh in just three years
Investing is all about study, research, conviction and patience. These traits can help you navigate even the high tides on Dalal Street.

Despite the recent selloff in midcap and smallcap stocks, those who held on such high-conviction ideas are sitting on healthy profits.

Take this: Indiabulls Ventures, Graphite India and HEG have created enormous

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Buy Hindalco Industries, target Rs 236: Kunal Bothra
Independent analyst Kunal Bothra has a buy call on Hindalco Industries Ltd. with a target price of Rs 236.0 . The current market price of Hindalco Industries Ltd. is Rs 226.65 Time period given by the analyst is Intra Day when Hindalco Industries Ltd. price can reach the defined target. Kunal Bothra recommended to keep stoploss at Rs 220. Hindalco
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Jet Airways stock falls 4% on reports of preliminary government probe
Shares of Jet Airways today fell nearly 4 per cent in morning trade on bourses after reports surfaced that the Ministry of Corporate Affairs has opened a preliminary inquiry into the carrier. As per the media reports, the Mumbai Registrar of Companies (RoC) will inspect Jet's books of accounts.

In a regulatory filing, however, the company today

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HCL Tech goes up 2% on share buyback nod
NEW DELHI: HCL Technologies ruled higher by over 2 per cent on Tuesday after the company shareholders approved a Rs 4,000 crore share buyback proposal.

The board has fixed August 31 as the record date for the buyback offer.

Following the development, the stock rose 2.28 per cent to Rs 1,013.45 on the BSE.

In July, HCL Technologies had announced

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Buy Amara Raja Batteries, target Rs 930: Kunal Bothra
Independent analyst Kunal Bothra has a buy call on Amara Raja Batteries Ltd. with a target price of Rs 930. The current market price of Amara Raja Batteries Ltd. is Rs 892.5 Time period given by the analyst is Intra Day when Amara Raja Batteries Ltd. price can reach defined target. Kunal Bothra recommended to keep stoploss at Rs 870. Amara Raja
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