Dr CK Narayan of Chart Advise has a buy call on United Breweries Ltd. with a target price of Rs 1320. The current market price of United Breweries Ltd. is Rs 1299.5. Time period given by the analyst is Intra Day when United Breweries Ltd. price can reach the defined target. Dr CK Narayan recommended to keep stoploss at Rs 1280 United Breweries

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MUMBAI: The Reserve Bank of India (RBI) has been examining about 200 bad-loan accounts going as far back as 2011as part of its annual inspection of bank books to preempt any nasty surprises in bankruptcy court or subsequent to debt resolution, said several people with knowledge of the matter.

These include the accounts of Videocon, Essar Steel, ABG

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Tata Steel Q1 profit more than doubles to Rs 1,954 crore YoY
Tata Steel on Monday reported 112.76 per cent year-on-year (YoY) rise in consolidated net profit at Rs 1,954.02 crore for the quarter ended June 30. The company had posted a profit of Rs 918.40 crore in the same quarter last year.

Analysts in an ETNow poll had projected a profit of Rs 2,725 crore.

Consolidated revenue from operations increased to

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Dr CK Narayan of Chart Advise has a sell call on Cadila Healthcare Ltd. with a target price of Rs 345. The current market price of Cadila Healthcare Ltd. is Rs 354.55. Time period given by the analyst is Intra Day when Cadila Healthcare Ltd. price can reach the defined target. Dr CK Narayan recommended to keep stoploss at Rs 362 Cadila

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Taking cues from global markets and weak domestic technical setup, the NSE benchmark Nifty remained under corrective pressure for the entire session. The index opened lower and managed to recover early losses. However, Nifty pared recovery again and went on to end the session lower by 73.75 points or 0.65 per cent.

As we approach Tuesday’s s

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Tata Sons to sell shares worth Rs 11,500 crore in TCS buyback
Tata Sons, the investment holding firm of the Tata Group, intends to sell shares worth up to Rs 11,500 crore to Tata Consultancy Services (TCS) as part of its buyback programme announced in June.

TCS had said it would buy back over 7.6 crore shares at a price of Rs 2,100 each. This will be the Mumbai-headquartered company’s second buyback in two y

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'BUY' or 'SELL' ideas from experts for Tuesday, 14 August 2018
NEW DELHI: NEW DELHI: The domestic equity market is likely to see a flat start on Tuesday, tracking Nifty on Singapore Stock Exchange (SGX). ET Now spoke to various experts and here's what they have to recommend for today's trade.

CK Narayan of Chart AdviseCadila Healthcare is a 'sell' call with a target price of Rs 345 and stop loss of Rs 362. Uni

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Musk says in talks with Saudi fund to take Tesla private
Saudi Arabia's sovereign wealth fund would be the main source of money for Tesla CEO Elon Musk's grand plan to take the company private, but the deal isn't done yet, Musk disclosed in a blog on Monday.

The fund approached Musk about going private multiple times during the past two years, and Musk says he left a July 31 meeting with no question

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NEW DELHI: Currency jitters sent stock markets crashing across the globe on Monday, including India. Turkey’s worsening currency crisis compelled investors to ditch stocks and flee to safer assets, such as bonds and dollar.

The Turkish lira tumbled to a record low, falling as much as 13.34 per cent, amid concerns about Turkish President Tayyip

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Turkish lira pulls back from a record low, but leaves global markets rattledTurkish lira pulls back from a record low, but leaves global markets rattledTurkish lira pulls back from a record low, but leaves global markets rattled
Turkish lira pulls back from a record low, but leaves global markets rattled
Istanbul/Ankara: Turkey’s lira pulled back from a record low of 7.24 to the dollar on Monday after the central bank pledged to provide liquidity, but it remained under selling pressure and its meltdown continued to rattle global markets.

The currency has lost more than 40 per cent against the dollar this year, largely due to worries about

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Tech gains push Wall St higher, offsets Turkey currency worries
U.S. stock indexes inched higher on Monday as shares of technology companies gained, offsetting a plunge in the Turkish lira that weighed on shares of big U.S. lenders.

The technology sector rose 0.45 percent and was the top gainer among the major S-P sectors.

Share of high-flying companies Apple, Amazon.com and Google-parent Alphabet were up

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Tech view: Nifty forms a Falling Window, signals weakness ahead
NSE benchmark Nifty kicked off a holiday-shortened week on a feeble note on Monday, as technical charts signalled overbought condition and global cues remained subdued.

Before closing 73.75 points down at 11,355, the 50-share index shuttled between 11,340 and 11,406 levels. During the process, the index formed a Falling Window, which means a

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Sun Pharma, Tata Steel, Fortis Healthcare and Jet Airways among top stocks to track today
NEW DELHI: Recovery in Asian markets after Monday's rout and Nifty futures on Singapore Stock Exchange (SGX) indicate a flat opening for the domestic stocks on Tuesday. At 08:07 am, the Nifty futures of SGX traded 1.50 points or 0.01 per cent higher at 11,391.50.

Here's a list of top stocks that may hog the limelight in today's trading session - Ta

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Jet Airways, rating agencies under scanner for lapses in loan status disclosure
New Delhi: In mounting troubles for crisis-hit Jet Airways, the airline and some credit rating agencies have come under regulatory scanner for alleged lapses in timely disclosure of default risk of loans worth Rs 11,000 crore taken from state-owned as well as private sector banks, officials said.

While the concerned loan accounts are believed to

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F O: India VIX moves up to 13.40 suggest Nifty upside is capped
By Chandan TapariaThe Nifty50 index opened in the negative and corrected towards the 11,340 level in Monday’s session. However, it failed to fill its opening gap during the session and witnessed selling pressure on a bounceback move near the 11,400 level.

The index formed a bearish candle, but traded near its rising support trend line by

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Asia tries to find its footing, China disappoints
SYDNEY: Asian share markets fought to regain their footing on Tuesday as tremors from the collapse of the Turkish lira ebbed, though sentiment took a fresh knock when Chinese economic data proved softer than expected.

Retail sales, industrial output and urban investment all grew by less than forecast in July, a trifecta of disappointment that

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Fund raising via preferential route jumps 11-fold to Rs 1 lakh crore in Q1
New Delhi: Indian companies garnered nearly Rs 1,00,000 crore crore through issuance of shares on preferential basis in April-June quarter of the current fiscal, registering 11-fold rise over the year-ago period.

The firms had mopped up Rs 9,037 crore in the corresponding period previous fiscal.

The funds mobilised during the June 2018 quarter

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Buy HDFC Bank, target Rs 2,590: Citi
Citi has a buy call on HDFC Bank with a target price of Rs 2,590.

The current market price of HDFC Bank is Rs 2,090.65.

Time period given by the brokerage is year when HDFC Bank price can reach the defined target. Citi's view on the company:Deputy MD resigns –- With the resignation of Mr. Paresh Sukthankar, Deputy MD, the chances of an external c

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Here’s a lowdown on top macro triggers that may move market on Tuesday. This report was compiled from agency feeds.

Rupee Nosedives to Lifetime LowThe Indian rupee nosedived to a fresh all-time low of 69.93 against the US dollar on Monday, as heavy sell-off in global currencies, including Turkish lira, fuelled demand for safe haven assets. The

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Investing in mid, smallcaps worth the risk: Sanctum Wealth Management
New Delhi: With large cap stocks better placed than mid caps, the divergence between these two segments has become starker, yet going forward the risk reward is tilted in favour of mid/small cap stocks, says a report.

According to a Sanctum Wealth Management research report, mid and small caps consistently outperform Nifty50 in 'up cycles' and

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Sell DLF, target Rs 161: Citi
Citi has a sell call on DLF with a target price of Rs 161.

The current market price of DLF is Rs 194.50.

Time period given by the brokerage is one year when DLF price can reach the defined target. Citi's Take — DLF’s 1QFY19 net residential pre-sales came in at Rs6bn (gross pre-sales at Rs6.7bn) and management reiterated guidance for achieving FY1

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Mumbai: Tata Steel’s June quarter performance improved, but earnings fell short of Street estimates. Higher than anticipated revenues, paced by increased realisation across geographies and aided in part by the consolidation of Bhushan Steel’s financials, did not translate into commensurate profits.

Net profit for the quarter ended June was Rs

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Oil India Q1 profit jumps 56% to Rs 703 crore
New Delhi: State-owned Oil India Ltd today reported 56 per cent jump in the June quarter net profit on higher oil prices.

Net profit in the April-June quarter of current fiscal rose to Rs 703.22 crore, or Rs 6.20 per share, from Rs 450.24 crore, or Rs 3.84 a share in the year-ago period, the company said in a statement here.

OIL sold 0.81 million

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Sensex falls 224 points, Nifty ends at 11,356 as rupee hits lifetime low
NEW DELHI: Blame it on the sharp drop in Indian rupee, triggered by a sell-off in emerging market currencies, headline indices Sensex and Nifty extended losses to a second consecutive session on Monday.

The rupee touched the record low of 69.92, as banks and importers bought the American currency in the pursuit of safe haven assets on worries over

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ET Intelligence Group: India’s biggest firms appear to be spreading themselves pretty thin now to earn outsized margins later when the just-reviving demand cycle matures.

Instead of fatter profits at the earliest stage of the revival cycle, companies seem to be tilting toward garnering a greater share of the consumer’s wallet. Hence, they are c

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Sunteck Realty Q1 profit up 67% YoY at Rs 59 crore
MUMBAI: Sunteck Realty has reported 67% year-on-year jump in consolidated net profit at Rs 58.9 crore for the quarter ended June. Revenue from operations rose 58% to Rs 211.1 crore led by improved new bookings and collections.

During the quarter, the company achieved 42% rise in new bookings worth Rs 181.6 crore, while collections improved 23% to

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Buy Somany Ceramics, target Rs 627: IIFL
IIFL has a buy call on Somany Ceramics with a target price of Rs 627.

The current market price of Somany Ceramics is Rs 482.

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

View of IIFL on the company:Increased competitive intensity: The management indicated that despite the e-way bill

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ETMarkets.com|

Updated: Aug 14, 2018, 08.40 AM IST

Stock-market---Think-stock-Indian rupee hit life-time lows and the Turkish currency crisis dealt a blow to investors sentiment globally, PTI reported.
Equity benchmarks Sensex and Nifty tumbled for the second straight session today as the Indian rupee hit life-time lows and the Turkish currency crisis dealt a blow to investors

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United Spirits' crorepati club shrinks 10% in FY18
Mumbai/Kolkata: United Spirits' crorepati club has shrunk nearly 10% in a year in which the country's largest spirits maker saw overall market fall 3% due to regulatory changes.

A total of 51 executives at United Spirits (USL) took home more than Rs 1 crore in salary in the year ended March 2018 — against 56 in the previous year — according to the

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ETMarkets.com|

Aug 13, 2018, 05.01 PM IST

Eicher MotorsThe current market price of Eicher Motors is Rs 28,442.30.
Edelweiss Financial Services has a buy call on Eicher Motors with a target price of Rs 35,731.

The current market price of Eicher Motors is Rs 28,442.30.

Time period given by the brokerage is one year when Eicher Motors price can reach the defined

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