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10 stock ideas that brokerages say can log gains in 3-4 weeks10 stock ideas that brokerages say can log gains in 3-4 weeks10 stock ideas that brokerages say can log gains in 3-4 weeks
10 stock ideas that brokerages say can log gains in 3-4 weeks
NEW DELHI: The domestic equity market had to endure a volley of headwinds last week. A plunging currency, weak global cues in the wake of a lingering trade war and subdued macro indicators turned investors indecisive. India’s trade deficit soared to a near five-year high in July.

The rupee last week plunged to a record low of 70.32 against the US

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Currency market turmoil, trade tension to sway market during the week ahead
NEW DELHI: Bloodbath in forex market and Sino-US trade war tensions kept Dalal Street investors on tenterhooks during the week gone by. Equities kept oscillating between the positive and negative territories, with the bulls eventually winning the battle by a whisker.

Benchmark index BSE Sensex gained 0.2 per cent in the holiday-truncated week to

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Investors should focus on a directorcontribution, says Harsh Mariwala
ET Intelligence Group: When a clutch of foreign investors recently voted against the reappointment of Deepak Parekh, one of the senior-most persons in the corporate and financial world, for “over-boarding” — or, presence in boards of more than 6 companies — many, probably including Parekh and his team, were stunned, even outraged. First, corporate
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Stock market update: Market moves higher; these stocks surge over 10%
NEW DELHI: Mirroring the positive sentiment of the domestic equity market, shares of Skipper (up 11.51 per cent) and PTC India Financial Services (up 10.65 per cent) surged over 10 per cent on NSE in Monday's session.

Stocks such as Mangalore Chemicals - Fertilizers (up 9.46 per cent), Sequent Scientific (up 8.58 per cent), K.P.R. Mill (up

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L T to take up share buyback proposal next week
Larsen - Toubro (L-T) is going to take up a proposal for share buybackon Thursday.

The engineering and construction conglomerate on Saturday informed bourses that the board will consider the proposal for buyback of shares on August 23.

It also announced that the trading window for dealing in securities will be closed for directors and

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30,000 retirees from regional rural banks set to get pension
Kolkata: The government has directed the National Bank for Agriculture - Rural Development (Nabard) to implement the long-awaited pension scheme for 30,000-odd regional rural bank retirees, who have won a protracted legal battle demanding parity in pension with nationalised bank employees in April this year.

The government has sent a

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Global brokerages bullish on L T-s buyback plan; how to play the stock
Global brokerages maintained a bullish view on Larsen - Toubro after the company on Saturday announced that it would take up a proposal for share buyback on August 23, Thursday.

CLSA said that the buyback will support return on equity (RoE) of the company. “It may not be the last buyback as cash on books stand at $2.1 billion. We maintain ‘

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BSE to shift 6 firms to restricted trading segment
Leading stock exchange BSE will shift six companies to the restricted trading segment from August 27 for not complying with listing requirements pertaining to corporate governance. The companies are Winsome Diamonds and Jewellery, KGN Industries, HealthFore Technologies, KGN Enterprises, Shri Krishna Prasadam and Layla Textile and Traders.

In a

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Mumbai: Safecrop Holdings, a consortium of WestBridge AIF, Rakesh Jhunjhunwala and Madison Capital, has signed definitive agreements with the shareholders of Star Health - Allied Insurance Co to purchase their stock in the country’s largest independent health insurer. The company has been valued at Rs 6,500 crore, according to people aware of t
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BSE, NSE to suspend trading in Gitanjali Gems, Amtek Auto from September 10
NEW DELHI: Leading exchanges BSE and NSE will suspend trading in shares of as many as nine firms, including banking fraud accused Mehul Choksi's Gitanjali Gems, from September 10 for not complying with listing norms pertaining to submission of financial results.

However, if any company complies with the provisions of the LODR (Listing Obligations

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Tweet Buster: Valuation puzzle or rupee worry Herepanacea
NEW DELHI: The week gone by was a truncated one for Dalal Street, yet it was anything but dull. In many ways, it was a week of high-power action.

Even as the domestic equity indices oscillated between highs and lows, the rupee became the talk of the town, as it did a seesaws dance before plumbing its lifetime low of 70 against the dollar.

In times

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Mumbai: The earnings downgrade cycle for companies continues even as the results were above estimates, said financial services firm CLSA, cutting Nifty earnings estimates for the current financial year by 5 per cent.

CLSA expects the Nifty earnings to grow 16 per cent in the financial year 2018-19 and said consensus earnings growth expectation has

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NEW DELHI: Friday witnessed a relatively stable session and the market remained buoyant despite being slightly over-extended on higher time frame charts. The Nifty opened higher and spent the entire session trading in a narrow 25-odd points range. Finally, the benchmark index ended the day gaining 85.70 points or 0.75 per cent.

As we approach the

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The week in 10 stocks: Pharma, oil companies dance to the rupee's tune
Turkey’s financial issues and a falling rupee back home did create a scare for equities, but benchmarks Sensex and Nifty stood firm and ended the truncated week in the green. The NSE index, in fact, summoned courage to hit off a new record in the end.

For the whole week, the 30-share Sensex notched up 79 points, or 0.21 per cent, closing at

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Consumer demand fires up India IncQ1 show
ET Intelligence Group: India Inc reported robust earnings for the June quarter helped by a lower base in the form of a muted performance in the year-ago period and higher demand in select consumer segments.

Year-on-year growth in net sales and net profit was the highest in at least nine quarters. Given signs of recovery in several sectors

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Sebi to expand scope of cybersecurity initiatives for MIIs
NEW DELHI: Regulator Sebi is planning to broaden the scope of cybersecurity initiatives for the market infrastructure institutions (MIIs) and look into the operational modalities of their implementation in order to deal with the cyber challenges.

Enhancement of cybersecurity has been one of the priorities of the Securities and Exchange Board of

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In our previous weekly note, we had said that the market will neither make any meaningful headway, nor will it see any major downside. Much on the expected lines, the market continued to consolidate at higher levels. The benchmark index Nifty50 ended the week, with a modest gain of 41.25 points, or 0.36 per cent.

Over the past two weeks, the

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SEBI must clarify rights and liabilities of promoters: NR Narayana Murthy
Infosys founder NR Narayana Murthy spoke to ET at length on the need for clarification from the country’s market regulator on the rights and liabilities of promoters of listed companies.

He was speaking on the sidelines of The ET India Leadership Council, an exclusive and high-powered CEO group. Edited excerpts:

What is your view on promoters

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What I read this week: What is Economic Confidence Model and what does it signify
We will start with my favourite strategist who makes a case for investing in only top 5 per cent frontier companies across sectors. Everything else with few exceptions will mostly not be good investments. Consolidation of industry is good for industry profitability. After all it is proven that oligopoly is good for profitability but airline
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By DK AggarwalDK-snip-100From a strengthening dollar to an increasing trade war initiated by the US, sentiments have been weak, and currencies of various emerging markets, be it of China, Turkey or India, have been sliding continuously.

It would be no wrong to say emerging market are at a critical stage in terms of risk appetite, thanks to the trade

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PVR completes acquisition of 71.6% stake of SPI Cinemas
New Delhi, Aug 17 (PTI) Leading multiplex operator PVR today said it has completed the acquisition of 71.69 per cent share of South India-based chain SPI Cinemas.

SPI Cinemas operates 76 screens across 17 properties in 10 cities under several brands such as Sathyam, Escape, Palazzo, The Cinema and S2 Cinema. It reported revenue of Rs 309.6 crore

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FPIs' bullish stance continues; inflow at Rs 7,577 crore in August so far
NEW DELHI: Foreign investors have pumped in over Rs 7,500 crore into the Indian capital markets so far this month on better corporate earnings coupled with improvement in crude oil prices.

The latest inflow comes following a net infusion of over Rs 2,300 crore in the capital markets, both equity and debt, last month.

Prior to that, overseas

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Trump says asking SEC to consider ending quarterly earnings reports
President Donald Trump said he had asked stock market regulators to look into ending the requirement for businesses to issue quarterly earnings reports.

Asking the Securities and Exchange Commission -- an independent agency -- to move to twice-yearly reporting could help create jobs, Trump said on Twitter.

"In speaking with some of the world's top

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Usha Martin Q1 profit at Rs 19 crore
Kolkata: Speciality steels and wire rope maker Usha Martin has bounced back into the black in the first quarter of the current financial year with a standalone net profit of Rs 19 crore against a loss of Rs 98 crore in the year-ago period, driven by improved realisations and strong domestic demand.

The turnaround came even as the Kolkata-based

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By Javier Blas and Grant Smith

For more than two decades, Opec has tried to avoid repeating a mistake that cost it dearly. In November 1997, at a meeting in Jakarta, Saudi Arabia convinced fellow oil producers to boost output, ignoring a crisis brewing in emerging markets.

The output increase came at the worst possible time. What in November 1997

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The domestic equity market seems to be enjoying a seesaw ride, by taking cues from global tides. The entire globe was filled with terror with the escalation in the lira crisis amid fears of trade wars escalating into a full-blown crisis, led to a spiralling rupee along with the depreciation of other emerging market currencies across the world.

Indi

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Bloomberg|

Updated: Aug 17, 2018, 07.16 PM IST

china-stocks-apEM Asia is at a crossroads in terms of risk appetite, with the trade dispute and dollar moves.
By Liau Y-Sing and Kartik Goyal

From a rising dollar to an escalating trade war, emerging Asian bonds and currencies have had nothing but trouble this year. Investors in the region are bracing for more - at

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Four of top-10 most valued companies add Rs 34,982 crore to m-cap
NEW DELHI: Four of the top 10 valued Indian firms together added Rs 34,982.23 crore to their market valuation last week, with ITC emerging as the biggest gainer.

While Tata Consultancy Services (TCS), Hindustan Unilever (HUL), ITC and Infosys saw a rise in their market capitalisation (m-cap) for the week ended Friday, Reliance Industries (RIL), HDF

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Agri households& average earnings grew to over Rs 1 lakh in FY16
Mumbai: Indian farmers have turned ‘lakhpati’ with an annual income of Rs 1,07,172 on average, but about 52 per cent of them continue to be indebted, a survey by the National Bank for Agriculture and Rural Development (Nabard) showed.

Agricultural households accounting for 48 per cent of rural households earned Rs 1,07,172 during 2015-16 from

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Buy Alkem Laboratories, target Rs 2,307: Anand Rathi
Anand Rathi has a buy call on Alkem Laboratories with a target price of Rs 2,307.

The current market price of Alkem Laboratories is Rs 2,091.95.

Time period given by the brokerage is one year when Alkem Laboratories price can reach the defined target. View of the brokerage on the company:We are sanguine about Alkem’s prospects, considering its c

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