StockMarket

Mutual fund inflow rises 43% to Rs 1.4 lakh crore in Q1
Investors have pumped Rs 1.4 lakh crore into mutual fund schemes in the April-June quarter of this fiscal, a surge of 43 per cent from the year-ago period, driven by strong participation from retail investors.

According to Association of Mutual Funds of India (AMFI) data, the inflow has also helped in pushing the assets base of the mutual fund

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Hold Tata Consultancy Services, target Rs 1,720: JM Financial
JM Financial has a hold call on Tata Consultancy Services with a target price of Rs 1,720.

The current market price of Tata Consultancy Services is Rs 1,974.50.

Time period given by the brokerage is one year when Tata Consultancy Services price can reach the defined target.

"We believe the improved demand outlook, plus superior market positioning

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RIL back on 100 $billion m-cap peak
NEW DELHI: Reliance Industries reclaimed the coveted 100 $billion m-cap on Thursday.

The stock hit a lifetime high of Rs 1,090 apiece on BSE. At 11:55 am, shares of the company were trading at Rs 1,085.25 apiece. The m-cap figure stood at $99.92 billion.

The oil and gas-to-telecom behemoth had first crossed the $100-billion market-cap mark in

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Share market update: DLF, IB Real Estate drag Nifty realty index down
NEW DELHI: Losses in Oberoi Realty (down 2.36 per cent), DLF (down 1.85 per cent) and Indiabulls Real Estate (down 1.76 per cent) were keeping the realty pack down during afternoon trade on Thursday.

The Nifty Realty index was trading 1.02 per cent down at 272 around 3 pm.

Shares of Brigade Enterprises (down 0.74 per cent), Housing Development

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Nikkei ends up as weak yen offers trade fear respite; SoftBank jumps
TOKYO: Japan's Nikkei rebounded on Thursday as a weaker yen offered a temporary respite to trade war fears and lifted sentiment, while index-heavyweight SoftBank soared after a source said a US hedge fund took a $1 billion stake in it.

The Nikkei share average ended 1.2 per cent higher at 22,187.96, outperforming the broader Topix, which was up

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Share market update: BSE Midcap climbs nearly 1%; MRPL, GMR Infra among top gainers
NEW DELHI: Most midcap stocks were witnessing decent traction during Thursday's trade.

The BSE Midcap index was trading 0.96 per cent up at 15,782 around 11:10 am on Thursday. Equity benchmark Sensex was 0.87 per cent up at 36,579, while the Nifty50 was 0.86 per cent up at 11,043 around that time.

Shares of Mangalore Refinery and Petrochemicals

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Stock market update: IT stocks mixed amid a fresh fall in rupee; Infosys, TCS among losers
NEW DELHI: IT stocks were trading mixed during afternoon trade on Thursday amid a fresh rise in Indian rupee.

At the time of writing this report, the rupee was trading up by 20 paise.

Infosys (down 2.01 per cent), Tata Elxsi (down 1.65 per cent), Tech Mahindra (down 0.90 per cent) and Tata Consultancy Services (down 0.53 per cent) were incurring

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Sebi settles takeover, insider trading violation case with 11 entities
NEW DELHI: As many as 11 entities today settled a Sebi probe into alleged violations of takeover and insider trading regulations in the matter of Sangam Health Care Products after paying nearly Rs 45 lakh towards settlement charges.

The Sebi agreed to settle proposed adjudication proceedings in the case after it was approached by these entities

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Stock market update: Private bank stocks in sync with PSU peers; YES Bank, Axis Bank among top gainers
NEW DELHI: In line with their PSU peers, most private bank stocks too were trading in the positive territory during Thursday's trade.

The Nifty Private Bank index was trading 1 per cent up at 15,394 around 10:55 am.

South Indian Bank (up 3.15 per cent) was the top gainer in the private bank index, followed by YES Bank (up 2.25 per cent) and Axis

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Share market update: Metal stocks mixed; Vedanta top loser in the pack
NEW DELHI: Metal stocks were trading mixed during afternoon trade on Thursday.

The BSE Metal index was trading 0.14 per cent down at 12,559 around 02:35 pm. Vedanta (down 2.27 per cent), Nalco (down 1.80 per cent), Steel Authority of India (SAIL) (down 1.74 per cent) and NMDC (down 0.78 per cent) were the losers in the metal index.

However,

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Sebi tweaks stress test methodology for commodity derivatives
NEW DELHI: Sebi today modified the methodology for daily stress testing for commodity derivatives as part of strengthening the risk management system.

Clearing corporations carry out stress tests to evaluate risks and possible impact on the settlement guarantee fund in various scenarios for commodity derivatives segment.

In a circular, Sebi said

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ETMarkets Morning Podcast: What's buzzing on D-Street this morning
Hi there..

From ETMarkets.com, I am Prachi Sharma. And This is Markets Morning, the headlines first

India overtakes France to become the world’s sixth biggest economy Sebi plans to introduce mobile payment mechanism for retail IPO investors Sensex and Nifty top emerging markets performance table in 2018 so far

AND In an overtime stunner,

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Stock market update: Auto stocks down; Bajaj Auto slips over 2%
NEW DELHI: Most auto stocks, including Bharat Forge (down 2.26 per cent) and Bajaj Auto (down 2.25 per cent) were incurring losses during afternoon trade on Thursday.

The BSE Auto index was trading 0.80 per cent down at 24,641 around 02:25 pm.

Shares of Cummins India (down 1.88 per cent), Mahindra - Mahindra (down 1.85 per cent), Hero

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HIL board approves acquisition of German firm through arm
NEW DELHI: The board of HIL today gave its approval to acquire the entire stake in Parador Holdings GmbH, Germany, through the company's wholly-owned subsidiary.

The enterprise value of Parador Holdings GmbH is 82.8 million euros (around Rs 687.2 crore).

"Pursuant to the said approval of the Board, the Company and HIL International GmbH, Germany

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HCL Technologies climbs 2% as board considers share buyback
NEW DELHI: Shares of HCL Technologies climbed 2 per cent in Thursday's trade ahead of the board meet on a share buyback proposal.

The stock rose 2.47 per cent to hit a high of Rs 1,019.70 on BSE. While it was earlier anticipated that the fourth-largest software services company would announce a Rs 3,500 crore share buyback, similar to the one

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Buoyant media sector supports European shares
MILAN: A buoyant media sector following a new bid for British pay-TV firm Sky drove European shares higher on Thursday, helping them stabilise after heavy losses in the previous session when fears of an escalating trade war hit markets.

The region's media index rose more than 1 per cent in early trading with Sky up 2.7 per cent after US-based Comca

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Stock market update: RIL, Bajaj Finance, HDFC Bank, HUL hit 52-week highs
NEW DELHI: Over 20 stocks including Reliance Industries (RIL), Berger Paints (India), Bajaj Finance, Borosil Glass Works and HDFC Bank hit 52-week highs on NSE during Thursday's trade.

HEG, Hindustan Unilever (HUL), Jubilant Foodworks, Kotak Mahindra Bank, KPIT Technologies, Mphasis, Procter - Gamble Hygiene and Health Care, Responsive

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Share market update: PSU bank stocks up; BoB, SBI climb up to 2%
NEW DELHI: Most PSU bank stocks, including Bank of Baroda (up 1.98 per cent) and Allahabad Bank (up 1.66 per cent) were witnessing healthy buying during morning trade on Thursday, keeping the sectoral index up.

The Nifty PSU Bank was trading 1.58 per cent up at 2,836 around 10:40 am.

Shares of Bank of India (up 1.63 per cent), State Bank of India

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NEW DELHI: June quarter shareholding patterns are out for nearly 1,000 listed companies and a few of them, mostly midcaps and smallcaps, show heavy buying by mutual funds in what was a poor quarter for these second-rung stocks.

While top market analysts kept advising investors to stay away from midcaps and look at the largecaps instead due to

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Will LIC follow the corp bank model to pare stake in IDBI
MUMBAI: One of the sweeteners to comfort the policy holders in the LIC-IDBI Bank deal is that the insurer would bring down its stake in future, though no time frame is specified. If history is any indication, it may take more than 15 years for LIC to pare its stake in IDBI Bank to meet regulatory requirements.

LIC owned 27 per cent of Corporation

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From lifetime high to lifetime high: Sensex gained 0%, these stocks 550%
It's a high to high. It took just less than six months for the benchmark Sensex to scale a fresh record of over 36,500 early Thursday after a drop in crude oil prices.

Another feel good is a report that India has become the world’s sixth largest economy overtaking France. The 30-share index hit its previous record high of 36,444 on January 29 t

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Buy Dish TV India, target Rs 100: Motilal Oswal Securities
Motilal Oswal Securities has a buy call on Dish TV India with a target price of Rs 100.

The current market price of Dish TV India is Rs 72.15.

Time period given by the brokerage is one year when Dish TV India price can reach the defined target.

"After witnessing a weak performance over the last few quarters, Dish TV (DITV) – post its merger with V

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Share market update: Over 30 stocks defy positive market mood, hit 52-week lows on NSE
NEW DELHI: Over 30 stocks, including Byke Hospitality, Harita Seating Systems and JK Cement defied positive market sentiment to hit 52-week lows on NSE during Thursday's trade.

Ess Dee Aluminium, JBF Industries, Modi Rubber, Rajesh Exports, Solara Active Pharma Sciences, Tata Power Company, UPL and Vedanta also featured among stocks that hit

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MIRC Electronics up 3% on product rollout
NEW DELHI: New product launches made MIRC Electronics come alive as the stock gained 3 per cent on Wednesday.

The company said its brand Onida has launched 20 new washing machine models and is targeting Rs 160 crore from the segment sale in the ongoing year.

The demand for washing machines goes up mainly during the monsoon season. There is a

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Buy Tata Motors, target Rs 459: Motilal Oswal Securities
Motilal Oswal Securities has a buy call on Tata Motors with a target price of Rs 459.

The current market price of Tata Motors is Rs 269.30.

Time period given by the analyst is one year when Tata Motors price can reach the defined target.

JLR’s wholesale volumes declined 24 per cent YoY (-20.5 per cent MoM) to 37.5k units (est. of 50k units; i

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Stock market update: Smallcaps hold firm, but trail Sensex; Novartis India, Aarti Drugs melt over 5%
NEW DELHI: In line with the benchmark Sensex, the BSE Smallcap index too was in the positive territory during Thursday's trade.

However, in terms of percentage, the smallcap index was slightly behind the Sensex.

Around 11:20 am, the BSE Smallcap index was 0.77 per cent up at 16,556, while the BSE Sensex was 0.88 per cent up at 36,584. The NSE

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Revenues at noted Indian carriers could nosedive in the three months to June due to rising fuel costs, a falling rupee and magnifying competitors-- factors that would cancel out the effect of 18 per cent on-year traffic development. SpiceJet, InterGlobe Aviation and Jet Airways could, cumulatively, report a 70-75 percent on-year drop in net earnings
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ETMarkets.com|

Jul 12, 2018, 12.43 PM IST

IndusInd BankThe current market price of IndusInd Bank is Rs 1,945.
JM Financial has a buy call on IndusInd Bank with a target price of Rs 2,120.

The current market price of IndusInd Bank is Rs 1,945.

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

"IndusInd reported

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Reliance Industries, India's largest business by net revenue, may see an upward modification of its core refining business due to the fact that of brand-new ship-fuel emission standards and full utilisation of the pet-coke gasification project, which must together broaden the gross refining margins (GRM). Reliance's GRM-- the difference between petroleum costs and typical sel
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Stock market update: Sensex, Nifty flat; these stocks surge up to 20%
Shares of MVL (up 20.00 per cent), Provogue India (up 15.48 per cent), Shilpa Medicare (up 11.05 per cent), Ujaas Energy (up 10.05 per cent), Shah Alloys (up 9.96 per cent), Hisar Metal Ind (up 9.81 per cent), HOV Services (up 9.76 per cent), Setco Automotive (up 9.55 per cent) and Tribhovandas Bhimji Zaveri (up 7.85 per cent) were trading over 5
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