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Under ASM, VIP Ind, Adani Green slide up to 5%
VIP Industries, Morepan Laboratories, Gujarat Ambuja Exports and Adani Green Energy slipped up to 5 per cent early Tuesday after they came under the additional surveillance framework.

In contrast, Lloyds Steel Industries, National Peroxide and Prakash Industries advanced up to 6 per cent on exiting the ASM framework from Tuesday.

There are 127

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After making a buoyant start to the trade on Monday, the NSE benchmark Nifty pared gains and traded rest of the session in a rangebound manner.

The index ended with a modest gain of 26.30 points or 0.23 per cent. The paring of gains from higher levels was a sign of a very short-term fatigue.

Investors can expect a quiet start to the trade on

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Bank, auto drive Sensex, Nifty to fresh record highs
NEW DELHI: Domestic equity market logged gains on Monday, extending rally to a second consecutive session, owing to healthy buying in select bank, auto, metal and energy stocks, amid mixed global cues.

Equity benchmarks Sensex and Nifty registered impressive openings, as both hit their fresh record highs of 37,805 and 11,428, respectively,

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Share market update: PSU bank stocks fall up to 3%; SBI, PNB lose steam
NEW DELHI: Most PSU bank stocks were reeling under selling pressure in Tuesday's trading session.

The Nifty PSU Bank index was trading 1.33 per cent down at 3,280 around 10:30 am with all components in the red.

Andhra Bank (down 2.78 per cent), Oriental Bank of Commerce (down 2.37 per cent) and Syndicate Bank (down 2.04 per cent) were the top

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VIP, Adani Green Energy under ASM framework from Tuesday
MUMBAI: VIP Industries, Morepen Laboratories, Gujarat Ambuja Exports and Adani Green Energy are four stocks, which will be included in the additional surveillance framework with effect from Tuesday, the BSE said in a circular on Monday.

Bhushan Steel has been shortlisted in ASM for companies relating to the Insolvency Resolution Process as per

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Share market update: Nearly 50 stocks hit 52-week highs on NSE
NEW DELHI: As many as 47 stocks, including Birla Cable, GAIL (India), Graphite India, Havells India and Page Industries, hit 52-week highs on NSE on Monday.

Abbott India, Adani Green Energy, Alembic Pharmaceuticals, Borosil Glass Works, Endurance Technologies, Excel Crop Care, Excel Industries, GlaxoSmithKline Pharmaceuticals, Indiabulls Ventures,

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NEW DELHI: Momentum indicator moving average convergence divergence, or MACD, on Monday showed bullish crossovers on 30 counters on NSE.

Among the stocks that saw bullish crossovers were Exide Industries, InterGlobe Aviation, Jubilant Foodworks, Mahindra - Mahindra, Talwalkars Better Value Fitness, Jubilant Life Sciences, GRUH Finance, JMC

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Sebi bans Inventure Growth, directors, others for 4 years
Regulator Sebi today barred Inventure Growth and Securities as well as its directors and other senior officials from the capital markets for four years for concealing "material information" and making false and inadequate disclosures in the IPO documents.

The regulator, which conducted a probe into the affairs of Inventure Growth and Securities

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Stock market update: Top Nifty gainers and losers of Mondaysession
NEW DELHI: Axis Bank, State Bank of India, ICICI Bank, Bharti Airtel, UPL and Hindalco Industries emerged as the top gainers in the Nifty index on Monday.

On the other hand, GAIL (India), Kotak Mahindra Bank, Tata Motors, Titan Company, Hindustan Unilever and Dr. Reddy's Laboratories finished the day as the top losers among the Nifty scrips.

Domest

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Avanti Feeds plunges 10% post June quarter numbers
Shares of Avanti Feeds tanked as much as 10.58 per cent on early Tuesday on disappointing quarterly show.

The company on Monday reported 41.59 per cent year-on-year fall in net profit at Rs 85.67 crore for the quarter ended June 2018. It had posted a net profit of Rs 146.68 crore in the same quarter last year.

Revenue from operations increased to

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Adani Ports Q1 profit falls 9% to Rs 697 crore
NEW DELHI: Adani Ports and Special Economic Zone (APSEZ) today reported 9 per cent decline in consolidated profit to Rs 697.40 crore for the first quarter ended June 30, 2018-19. It had posted net profit of Rs 767.52 crore in the April-June quarter of last fiscal, 2017-18, APSEZ said in a filing to BSE.

The company's consolidated income also

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CLSA upgrades Marico to 'buy' from 'underperform'
CLSA has upgraded Marico to buy from underperform and revised target price up to Rs 435 from Rs 330.

The firm said it likes Marico’s growth focus, which is evident from increased emphasis on launches. A sharp rise in copra prices took a toll on margins resulting in earnings downgrades in past few quarters, but this is likely to change as copra

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Stock market update: Market recovers a bit; these stocks surge over 9%
NEW DELHI: Shares of Vakrangee (up 13.06 per cent), Jain Irrigation (up 9.71 per cent) and Renaissance Jewellery (up 9.64 per cent) surged over 9 per cent on NSE in morning trade on Tuesday as market moved alightly up after trading flat.

Dalmia Bharat (up 7.53 per cent), Honeywell Automation India (up 6.54 per cent), Transport Corporation of India

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Ujjivan Financial posts Q1 net profit of Rs 45 crore
NEW DELHI: Ujjivan Financial Services registered a consolidated net profit of Rs 45 crore in the first quarter ended June, mainly on account of healthy increase in revenues from operations.

It had posted a net loss of Rs 74.90 crore in the corresponding April-June period of 2017-18. However, compared sequentially, the profit was lower than Rs

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HSBC upgrades Torrent Pharma to 'buy' from 'hold'
MUMBAI: HSBC has upgraded Torrent Pharmaceuticals to buy from hold and raised target price to Rs 1,735 from Rs 1,460 citing strong outlook for India and other focus markets.

"Despite a strong share price run-up, we believe TRP (Torrent Pharma) can realise further synergies from the Unichem integration. The India portfolio remain structurally

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Share market update: Market cautious; these stocks crack over 7%
NEW DELHI: Shares of Caplin Point Laboratories (down 9.14 per cent), Adani Power (down 7.88 per cent) and Avanti Feeds (down 7.73 per cent) cracked over 7 per cent on NSE in morning trade on Tuesday in a cautious market.

Stock such as Rolta India (down 6.31 per cent), Xchanging Solutions (down 6.13 per cent), Dixon Technologies (India) (down 5.23

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After Market: Key movers and shakers of Mondaytrade
NEW DELHI: Another day and another record closing high for BSE Sensex and NSE Nifty on Monday.

Firm global cues coupled with buying in bank stocks kept bulls roaring on Dalal Street for a second straight session. The BSE Sensex closed 135.73 points, or 0.36 per cent, up at 37,691.89, while the NSE Nifty index added 26.30 points, or 0.23 per cent

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Arvind Limited Q1 revenues up 10%
AHMEDABAD: Arvind Limited on Monday said its revenue increased 10% year-on-year as it declared its Q1 results. The company said it expects branded apparel segment to continue its over 20% growth. Further, backed by garment expansion and new products, textiles segment is likely to grow by 10% with improving margins. it said.

Backed by the

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Buzzing stocks: Adani Power, RCom, Axis Bank, RIL, SBI
NEW DELHI: Adani Power, with over 3.35 crore shares changing hands, emerged as the most traded stock on NSE in morning trade on Tuesday.

Reliance Communications (RCom) (number of shares traded: 2.22 crore) and Vakrangee (1.15 crore) were up next.

Welspun India (1.04 crore), Punjab National Bank (1.01 crore), Alok Industries (0.86 crore),

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Tech view: Nifty50 forms small bearish candle; upside seems capped
NEW DELHI: The Nifty50 climbed to its fresh closing high on Monday, but ended up making a small bearish candle on the daily chart that resembled a 'Doji', suggesting investors were indecisive at higher levels.

Upside appears to be capped and the index may need to hold above 11,368 levels for at least during the first hour of Tuesday trading for

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Shares struggle as trade fears weigh on sentiment
LONDON: European shares struggled on Monday as fears of the escalating US-China trade conflict outweighed the boost to sentiment from Chinese authorities' intervention last week to shore up its currency.

Disappointing corporate earnings in the European banking sector added to the cautious start to the week's trading.

Chinese state media launched

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Syndicate Bank Q1 loss widens to Rs 1,282 crore
State-owned Syndicate Bank today said its net losses have widened to Rs 1,281.77 crore during first quarter ended June of the current fiscal as bad loans rose.

Its loss in the corresponding April-June period of 2017-18 was at Rs 263.19 crore.

Its income also fell to Rs 5,637.51 crore during the June quarter of 2018-19, as against Rs 6,171.49 crore

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Buy Emami, target Rs 634: HDFC Securities
HDFC Securities has a buy call on Emami with a target price of Rs 634.

The current market price of Emami is Rs 571.95.

Time period given by the analyst is one year when Emami price can reach the defined target. View of HDFC Securities on the company:Emami reported an in-line quarter marked with partial recovery, supported by an extremely

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This lady money manager says mute the news if you are a mutual fund investor
It's a TINA moment for the mutual fund industry, which will grow at 20-25 per cent annually till 2025, says Radhika Gupta, CEO, Edelweiss Asset Management.

Her aim is clear. She is targetting an asset under management (AUM) of at least Rs 25,000 crore by the end of 2018-19. The AUM of Edelweiss Asset Management jumped to Rs 14,000 crore, from Rs

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Wall Street flat on trade worries, mixed results
U.S. stock indexes were little changed on Monday as investors weighed an escalating trade dispute between the United States and China, and a mixed bag of corporate results.

China proposed a set of differentiated tariffs on $60 billion worth of U.S. imports last week, retaliating to the Trump administration's plans of 25 percent tariffs on $200

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Buy Bharat Electronics, target Rs 150: Prabhudas Lilladher

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Disclaimer: This recommendation is analyst's own and does not represent those of economictimes.com - ETMarkets.com. Please consult your financial advisor before taking any position in the stock/s mentioned.

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Britannia Q1 net rises 19% to Rs 258 crore
FMCG major Britannia Industries today reported a 19.41 per cent rise in consolidated net profit at Rs 258.08 crore for the quarter ended June 30, 2018, driven by double-digit volume growth.

The company had posted a net profit of Rs 216.12 crore in the April-June period a year ago.

Its total income stood at Rs 2,585.84 crore in the quarter under

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Buffett's $111 billion cash pile intensifies buyback debate
By Katherine ChiglinskyWarren Buffett’s Berkshire Hathaway Inc. gave him more leeway to make stock buybacks last month. Now, after the company said its cash pile has swelled to $111 billion, some investors are wondering when they might reap the benefits.

Berkshire’s second-quarter results released Saturday didn’t detail how many shares it was wil

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Buy Aurobindo Pharma, target Rs 909: Prabhudas Lilladher
Prabhudas Lilladher has a Buy on Aurobindo Pharma with a target price of Rs 909.

The current market price of Aurobindo Pharma is Rs 624.45.

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

View of the brokerage on the company: While Aurobindo has not yet confirmed the plant where the two

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Stock market update: Realty stocks mixed; Godrej Properties jumps 3%, but DLF declines
NEW DELHI: Realty stocks were trading mixed in afternoon trade on Monday.

The Nifty Realty was trading 0.18 per cent down at 270 around 02:25 pm.

Godrej Properties (down 2.77 per cent), Housing Development - Infrastructure (HDIL) (down 1.83 per cent), Prestige Estates Projects (down 0.68 per cent), Phoenix Mills (down 0.68 per cent) and

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