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ET INTELLIGENCE GROUP: The stock of Larsen - Toubro (L-T) gained 6.7 per cent on Monday following the news of its first-ever share buyback. The company’s board will meet on August 23 to finalise the details of the offer. Analysts expect a few more buyback rounds from the country’s largest infrastructure company given the ample cash on its b
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Stock market update: Metals shine; Vedanta, Tata Steel jump up to 3%
NEW DELHI: Most metal - mining stocks, including Vedanta (up 3.05 per cent), Jindal Steel - Power (up 2.74 per cent) and Tata Steel (up 2.65 per cent), were trading with healthy gains during Monday's session.

The BSE Metal index was trading 2.11 per cent up at 13,150.57 around 02:20 pm.

Hindalco Industries (up 2.23 per cent), JSW Steel

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Share market update: Nifty Private Bank index in the green; YES Bank, HDFC Bank up 1%
NEW DELHI: The Nifty Private Bank index was trading 0.41 per cent up at 16,092.75 around 11:30 am, with IDFC Bank (up 2.68 per cent) and YES Bank (up 1.48 per cent) as the top gainers.

RBL Bank (up 1.44 per cent), HDFC Bank (up 0.91 per cent), Kotak Mahindra Bank (up 0.48 per cent) and ICICI Bank (up 0.18 per cent) were also trading with gains.

H

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'BUY' or 'SELL' ideas from experts for Tuesday, 21 August, 2018
NEW DELHI: Domestic stocks are likely to see a flat start on Tuesday. At 08:29 am, the Nifty futures of Singapore Stock Exchange (SGX) traded 0.50 points or 0.01 per cent higher at 11,584.50.

ET Now spoke to various experts and here's what they have to recommend for today's trade.Kunal Bothra, independent market expertAmara Raja is a 'buy' call

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5 key reasons why Sensex and Nifty hit fresh lifetime highs
Benchmark equity indices BSE Sensex and NSE Nifty scaled their fresh lifetime highs of 38,321.95 and 11,562.95, respectively, on Monday.

Buying in index heavyweights including Larsen - Toubro, Reliance Industries and financial stocks supported the bulls.

At 2 pm, the 30-share Sensex was trading 353 points at 38,301, while the NSE Nifty was at

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Kerala is struggling to hold its head above water. The worst ever natural disaster in the state has claimed more than 350 lives, with several missing.

The flood fury has rendered lakhs of people homeless, even as the army and national disaster management teams are struggling to move the flood victims to safer places. According to the state

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Stocks in focus: Reliance Infra, HCL Tech and Apollo Tyres among top stocks to track today
NEW DELHI: Mixed Asian markets and Nifty futures on Singapore Stock Exchange (SGX) indicate a flat opening for the domestic stocks on Tuesday. At 08:13 am, the Nifty futures on SGX traded 0.50 points or 0.01 per cent higher at 11,584.50.

Here's a look at the top stocks that may hog the limelight in today's session -

Reliance Infrastructure: Relianc

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Iron pellet producers rally up to 8%
NEW DELHI: Shares of pellet producers shot up to over 8 per cent in the afternoon trade on Monday.

Thanks to China's move to clean up its air, the price of pellets, has soared. The premium over so-called 62 per cent fines, the benchmark iron ore product, is at record highs, said a report by Reuters dated August 17.

This apart, the companies had a

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Stock market update: SBI, BoB keep Nifty PSU Bank index in the green
NEW DELHI: Gains in shares of State Bank of India (SBI) (up 0.94 per cent), Canara Bank (up 0.78 per cent) and Bank of Baroda (BoB) (up 0.68 per cent) were keeping the Nifty PSU Bank index in the green during Monday's session.

The Nifty PSU Bank index was trading 0.78 per cent up at 3,247 around 11:20 am.

Andhra Bank (up 0.47 per cent), Oriental

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Amtek Auto, Essar Steel come under SFIO scanner
ETNow BureauTroubled firms Amtek Auto and Essar Steel are increasingly facing investigative heat.

This time, they are in the crosshairs of the Serious Fraud Investigation Office, said government sources.

The current round of investigation has been ordered following several complaints against them.

The mandate for the SFIO is to find out if Amtek

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Japanese stocks ease, investors await US-China talks
TOKYO: Japan's Nikkei fell on Monday as chip-related stocks weakened, tracking their U.S. peers's declines on Friday, while trading was thin as investors awaited developments from trade talks expected between the United States and China this week.

The Nikkei share average dropped 0.3 per cent to 22,199.00. The broader Topix declined 0.3 per cent

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Infosys drops 4% as old hand Ranganath quits
NEW DELHI: Shares of Infosys plunged 4 per cent on Monday on the resignation of Chief Financial Officer (CFO) MD Ranganath.

The company informed stock exchanges that it will 'immediately' commence the search for the next CFO.

Following the development, the stock fell 4.03 per cent to hit a low of Rs 1,373.55 on the BSE. It later recovered, but

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Share market update: BSE Telecom index in the green; Idea Cellular jumps 5%
NEW DELHI: The BSE Telecom index was trading 0.76 per cent up at 1,168.61 around 02:50 pm on Monday, with Idea Cellular (up 4.81 per cent), Himachal Futuristic Communications (HFCL) (up 2.53 per cent) and OnMobile Global (up 2.12 per cent) as the top gainers.

Shares of Mahanagar Telephone Nigam (MTNL) (up 1.32 per cent), Bharti Infratel (up 0.81

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S.Korean stocks, won edge up on optimism over US-China talks
South Korea's KOSPI stock index and the won edged higher on Monday as proposed trade talks between the United States and China improved investor sentiment. Korean bond yields fell.

The KOSPI closed up 0.83 points or 0.04 per cent at 2,247.88.

South Korean shipbuilders jumped after an industry report noted rising prices of liquefied natural gas

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Talking stock: Lupin a better bet than Sun Pharma
G. ChokkalingamFounder, Equinomics Research - Advisory

I am holding 1500 shares of Suzlon Energy at Rs 13.50 , 300 shares of Reliance Naval at Rs 61.40 and 500 shares of Zee Learn at Rs 47.50. What should be my strategy for these —DEVRAJ CHAKRAVORTYSell Suzlon if there is any tactical upswing as sinking revenues (as per the latest quarterly

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European shares gain on optimism over US-China trade row
Hopes that the United States and China might find a compromise to resolve their trade dispute lifted European shares on Monday, while Turkey's currency crisis showed no immediate sign of worsening.

At 0835 GMT, the pan-European STOXX 600 was up 0.7 percent at 383.7 points, with most markets across the continent gaining.

"The prospect that any

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Stock market update: L T, Havells boost capital goods index
NEW DELHI: Healthy gains in Elgi Equipments (up 6.71 per cent), Larsen - Toubro (L-T) (up 6.02 per cent), Lakshmi Machine Works (up 2.85 per cent), Carborundum Universal (up 2.80 per cent) and Havells India (up 2.31 per cent) boosted capital goods index in Monday's session.

The BSE Capital Goods index was trading 3.70 per cent up at

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Share market update: Pharma stocks in good health; Cadila jumps 7%
NEW DELHI: Most pharma stocks were trading with gains in Monday's session, keeping the sectoral index up.

The Nifty Pharma index was trading 0.92 per cent up at 9,783 around 11:05 am.

Cadila Healthcare (up 6.72 per cent) was the top gainer in the index.

Shares of Divi's Laboratories (up 3.76 per cent), Glenmark Pharmaceuticals (up 2.57 per cent)

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BSE to delist 17 companies from tomorrow
NEW DELHI: Leading stock exchange BSE will delist as many as 17 companies from tomorrow as trading in their shares has remained suspended for over six months.

The exchange has been delisting for the past few months those firms in which trading has remained suspended for a long period.

In a circular, BSE today said, "17 companies that have

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Australian shares edge up; NZ at record closing high
Australian shares inched up on Monday, as cautious outlook from retailer Woolworths Group and rubber products maker Ansell offset gains from materials stocks, which were buoyed by upcoming trade talks between US and Chinese officials.

China and the United States will hold lower-level trade talks this month, offering hope that they might resolve an

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MUMBAI: The Insolvency and Bankruptcy Code (IBC), considered an exclusive redressal platform for institutional defaults, has yet again come to the rescue of retail depositors. A National Company Law Tribunal bench has admitted the request for proceedings against Delhi-based HBN Dairies - Allied, which failed to repay about Rupee1,200 crore to
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Shares of Page Industries touch 52-week high on bourses
NEW DELHI: Shares of Page Industries today rose for the fifth consecutive session and rose 3 per cent to its 52-week high of Rs 35,049.90 on bourses.

On August 13, MSCI, a leading provider of benchmark indices globally, had said that Page Industries has been added in the MSCI India Domestic Index.

The changes in constituents for the MSCI India Dome

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Share market update: Nifty FMCG index up, but ITC, Dabur lose steam
NEW DELHI: A majority of FMCG stocks were trading in the positive territory during Monday's session, keeping the sectoral index up.

Shares of Godrej Consumer Products (up 2.62 per cent), Britannia Industries (up 1.89 per cent), Godrej Industries (up 1.57 per cent) and Tata Global Beverages (up 0.86 per cent) were trading with gains.

GlaxoSmithKlin

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A negative trigger can lead to long unwinding
By Anand JamesChief market strategist, geojit financial services

Where we are: Multiple negative signals seen at the start of last week looks to be less threatening. Bank Nifty had formed a bearish engulfing candlestick pattern, while Nifty had formed an evening star pattern. While both saw corrections, key support levels proved solid, and

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Stock market update: OMCs rise; Petronet LNG, ONGC jump over 3%
NEW DELHI: Shares of most oil marketing companies (OMCs) were in the positive territory in afternoon trade on Monday amid easing global crude oil prices.

The BSE Oil - Gas index was trading 1.26 per cent up at 14,951.78 around 02:40 pm.

Petronet LNG (up 3.51 per cent) and ONGC (up 3.16 per cent) were the top gainers in the oil - gas

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Scientists, doctors, engineers have lifted Nifty to 11,500 from 11,000 in 7 months
It took seven months for NSE’s Nifty index to move from 11,000 to 11,500 level. This period remained highly volatile for the domestic equity market amid trade war tensions, sustained outflow of foreign portfolio money, rising crude oil prices and a depreciating local currency.

After scaling the 11,000 mark for the first time on January 23, the

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Stock market update: IT stocks mixed, but Infosys, HCL Tech, TCS drag the sectoral index down
NEW DELHI: IT stocks were trading mixed in Monday's session after Indian rupee strengthened against the US dollar.

However, losses in heavyweights, including Infosys (down 2.49 per cent), dragged the sectoral index down in an otherwise positive market.

The rupee on Monday opened 32 paise higher at 69.83 against the US dollar. It was trading 33

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Share market update: Auto stocks on an upward trajectory; Tata Motors surges over 4%
NEW DELHI: A majority of auto stocks were trading with gains in afternoon trade on Monday, keeping the sectoral index up.

The BSE Auto index was trading 1.02 per cent up at 24,625 around 02:30 pm, with Cummins India (up 4.49 per cent), Tata Motors (up 4.45 per cent) and TVS Motor Company (up 2.90 per cent) as the top gainers.

Shares of Bharat

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NEW DELHI: Alarm bells went off when June quarter attrition at Infosys spiked. But there is a bigger worry waiting.

The software biggie received a huge blow on Saturday when old hand Chief Financial Officer (CFO) M D Ranganath quit.

At the end of June quarter, attrition at Infosys soared to an alarming 20.6 per cent, from 16.6 per cent in the

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Share market update: These stocks defy positive market mood, plunge over 5%
NEW DELHI: Defying the positive sentiment of equity market, shares of Thirumalai Chemicals (down 5.96 per cent), JTEKT India (down 5.87 per cent), Federal Bank (down 5.10 per cent) and PNB Gilts (down 5.04 per cent) plunged over 5 per cent on NSE in Monday's session.

Stocks such as International Paper APPM (down 4.99 per cent), Optiemus Infracom

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