Analyst Calls: Dalmia Bharat, MGL, Bharat Forge, ACC
Good morning!

The domestic stock market on Wednesday showed early signs of a possible breakout from its consolidation range. And Nifty futures on Singapore traded 24 points higher this morning, signalling a good start for Dalal Street.

As you head for the day’s trade, here is a compilation of overnight analyst calls on various stocks.

• HDFC S

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Stock market update: Private banks surge; Axis Bank jumps 2%
NEW DELHI: Shares of private banks were trading with gains in Tuesday's trade.

Shares of Axis Bank (up 1.93 per cent), RBL Bank (up 1.73 per cent), ICICI Bank (up 1.61 per cent), IndusInd Bank (up 1.59 per cent), Federal Bank (up 1.22 per cent), IDFC Bank (up 0.85 per cent), HDFC Bank (up 0.78 per cent) and Kotak Mahindra Bank (up 0.48 per cent)

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Buy Tata Global Beverages, price target Rs 416: Chandan Taparia
Chandan Taparia of Motilal Oswal Securities has a buy call on Tata Global Beverages Ltd. with a target price of Rs 416.0 . The current price of Tata Global Beverages Ltd. is Rs 396.45 . Chandan Taparia recommended to keep a stoploss at Rs 386 .

Tata Global Beverages Ltd., incorporated in the year 1962, is a Large Cap company (having a market cap

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Lakshmi Vilas Bank climbs 10% as US fund house eyes big stake
NEW DELHI: Shares of Lakshmi Vilas Bank (LVB) hit the upper circuit limit in Tuesday’s early trade after ET reported that US fund house Tilden Park Capital Management has sounded out the Reserve Bank of India (RBI) for buying a sizeable stake in the private sector bank.

An official of the New York-headquartered asset manager and senior members of

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Buzzing stocks: YES Bank, Vodafone Idea, ITC, SBI
NEW DELHI: YES Bank with over 1.55 crore shares changing hands was leading among the most traded stocks on NSE on Tuesday.

Shares of Vodafone Idea (number of shares traded: 1.28 crore) , ITC (number of shares traded: 0.78 crore) , Tata Motors (number of shares traded: 0.64 crore) , NALCO (number of shares traded: 0.64 crore) , Suzlon Energy

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Buy SRF, price target Rs 4,320: Chandan Taparia
Chandan Taparia of Motilal Oswal Securities has a buy call on SRF Ltd. with a target price of Rs 4320.0 . The current price of SRF Ltd. is Rs 4108.4 . Chandan Taparia recommended to keep a stoploss at Rs 4005 .

SRF Ltd., incorporated in the year 1970, is a Large Cap company (having a market cap of Rs 23615.29 Crore) operating in Diversified

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Stock market update: Realty shares jump; Prestige Estates rises 2%
NEW DELHI: Realty shares were trading in the positive zone in Tuesday's morning session.

Shares of Prestige Estates Projects (up 2.07 per cent), Indiabulls Real Estate (up 1.27 per cent), Sunteck Realty (up 1.27 per cent), DLF (up 1.09 per cent), Brigade Enterprises (up 1.02 per cent), Phoenix Mills (up 0.88 per cent), SOBHA (up 0.73 per cent)

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HDFC MF junked biggies in Jan, turned to FMCG, PSU, pharma bets
HDFC Asset Management, India’s largest fund house by assets, added select public sector companies, FMCG, hotels and pharma players with both hands in January, even as December quarter earnings season peaked.

The fund house purchased over 1 crore shares each in power major NTPC, mining firm Coal India, leading lender for the power sector Power

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RIL to use over a third of Jio Infratel InvIT proceeds to repay banks
Mumbai: State Bank of India, Bank of Baroda and HDFC Bank are among those set to receive more than a third of the Rs 25,000 crore that Reliance Jio Infratel, the telecom tower business of Reliance Industries, plans to raise through a listing of the business as an investment trust, four people familiar with the matter said.

Reliance Industries (RIL)

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Analysts welcome Tata Steelplan to cut debt, but stock falls 6% post Q3 numbers
Third-quarter losses drove the Tata Steel stock to the list of top three decliners on India’s biggest indices Monday. Yet, prudent capital allocation and prospects of global steel prices reaching a temporary floor have led analysts to assign a ‘buy’ rating on the company that’s Asia’s oldest manufacturer of the primary infrastructure alloy.

Europe

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Coronavirus: Epidemic or pandemic? Why this definition matters to stocks
NEW DELHI: Coronavirus has infected more than 43,000 people globally, the latest data from global health authorities showed.

Out of them, 42,638 are confirmed cases in mainland China, with the toll surpassing 1,000 deaths.

Could it spread too fast so that it can be called a ‘pandemic’? Stock investors globally are keen on figuring this out. So far

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The Indian stock market could find it challenging to maintain its upward momentum given the economic slowdown and rising fears of coronavirus in China. In such a scenario, it would be prudent sticking to quality companies with a track record of decent returns over a period of time.

Of about 3,000 actively-traded stocks on Indian bourses, only 56

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Share market update: Pharma shares up; Piramal Enterprises climbs 3%

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Axis Long Term Equity Direct Plan-Growth

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Top quant play ideas for the week ahead
By Motilal Oswal Financial ServicesOption WritingSTRATEGY 1Writing against Cash / Fut Holding Sell KOTAK BANK 1720 CE 27-FEB-20 @ 13.25 Target Level : 0.05 Stop Loss Level : 19.50 Gross Monthly Yield : 1.35% ROI : 5.10% Margin : 1,02,000 Days to Expiry : 18 Writing with Hedging Leg 1: Sell KOTAK BANK 1720 CE 27-FEB-20 @ 13.25 Leg 2: Buy KOTAK BANK

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Buy Divi's Laboratories, price target Rs 2,200: Chandan Taparia
Chandan Taparia of Motilal Oswal Securities has a buy call on Divi's Laboratories Ltd. with a target price of Rs 2200.0 . The current price of Divi's Laboratories Ltd. is Rs 2087.15 . Chandan Taparia recommended to keep a stoploss at Rs 2030 .

Divi's Laboratories Ltd., incorporated in the year 1990, is a Large Cap company (having a market cap of

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Stock market update: IT shares advance; Just Dial gains 2%
NEW DELHI: IT shares were trading higher in Tuesday's morning session.

Shares of Just Dial (up 2.07 per cent) , Tata Elxsi (up 1.36 per cent) , HCL Technologies (up 1.06 per cent) , Mindtree (up 0.9 per cent) , Tech Mahindra (up 0.35 per cent) and Infosys (up 0.26 per cent) were among the top gainers.

The Nifty IT index was trading 0.17 per cent

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Talking stock: YES Bank a 3-year play; sell IEX, buy BSE
By G ChokkalingamFounder, Equinomics Research - AdvisoryI am holding 100 shares of Lupin bought at Rs 1,600. Please suggest what to do. S V GOPAL

I suggest adding more shares to reduce average cost as I believe that divestment of Japanese business is significantly positive and it would be able to resolve most of regulatory issues of US FDA in

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Asian markets fall as coronavirus concerns weigh on sentiment
SYDNEY: Stocks and oil fell while safe-haven gold rose on Monday as the death toll from a coronavirus outbreak surpassed the SARS epidemic, raising alarm bells about its severity.

As many as 908 people have so far died in China's central Hubei province as of Sunday with most of the new deaths in the provincial capital of Wuhan, the epicentre of

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Share market update: Bank shares gain; RBL Bank rises 4%
NEW DELHI: Bank shares were trading with gains in Tuesday's morning session.

Shares of RBL BANK (up 3.66 per cent), Axis Bank (up 1.84 per cent), IndusInd Bank (up 1.82 per cent), State Bank of India (up 1.55 per cent), ICICI Bank (up 1.51 per cent), Bank of Baroda (up 1.33 per cent), Federal Bank (up 1.22 per cent), HDFC Bank (up 1.06 per cent),

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Mumbai: The Reserve Bank of India’s easy liquidity stance aimed at driving down borrowing costs may have an adverse impact on payouts to the government, experts said. The plentiful supply of cash in the system is pushing banks to park excess money with the RBI at the reverse repo rate of 4.90 per cent. The reasoning goes that payouts to banks on

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Right strategy for Nifty is to ‘buy on dips&
Hardik Ruparel

Technical Analyst, Centrum Broking

Where are We? After a breakdown from a range of 12,050-12,250 on the budget day sell-off, the Nifty fell to 11,660 — a fall of more than 500 points in a single day from the highs. In the following week, most of the gains erased by the budget sell-off were regained and the index closed at 12,098.35.

Wh

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Sensex rallies 400 points, Nifty tops 12,100 on strong global cues
NEW DELHI: Domestic equity indices saw a gap up opening to Tuesday’s session, tracking gains in global markets as some factories in China opened despite coronavirus deaths continued to mount.

The total number of deaths in China has topped 1,000, well past the toll from Severe Acute Respiratory Syndrome, which killed nearly 800 worldwide.

BSE flagsh

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Fed says risks to economy easing
Washington: A “moderately” expanding US economy was slowed last year by a manufacturing slump and weak global growth, but key risks have receded and the likelihood of recession has declined, the US Federal Reserve reported in its latest monetary policy report to the US Congress.

“Downside risks to the US outlook seem to have receded in the latter p

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Mumbai: Traders anticipating a range-bound Nifty this week could initiate a short straddle — sell a Nifty call and put at 12,100 strike — on options expiring on February 13, said derivatives analysts. The short straddle is sound, given that the Nifty faces maximum resistance at 12,200 and gets strong support at 12,000 this week, they said.

However,

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Stock market update: Cement stocks climb; APCL leaps 3%
NEW DELHI: Most of the cement stocks were in the green in Tuesday's morning trade.

Shares of APCL (up 3.10 per cent), Sanghi Industries (up 2.10 per cent), UltraTech Cement (up 2.04 per cent), Shiva Cement (up 1.92 per cent) and Saurashtra Cement (up 1.91 per cent) were among the top gainers.

Birla Corporation (up 1.68 per cent), JK Lakshmi Cement

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Buy United Spirits, price target Rs 720: Chandan Taparia
Chandan Taparia of Motilal Oswal Securities has a buy call on United Spirits Ltd. with a target price of Rs 720.0 . The current price of United Spirits Ltd. is Rs 676.45 . Chandan Taparia recommended to keep a stoploss at Rs 655 .

United Spirits Ltd., incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 49153.48 Crore)

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Analyst Calls: Tata Steel, Abbott India, Jyothy Labs, PSP Projects
Good morning!

The domestic stock market on Monday showed early signs of a possible breakout from its consolidation range. And Nifty futures on Singapore traded 28 points lower this morning, signalling a weak start for Dalal Street.

As you head for the day’s trade, here is a compilation of overnight analyst calls on various stocks.

• Motilal Oswal h

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Stock market update: Sugar stocks advance; Triveni Engineering gains over 1%
NEW DELHI: Most of the sugar stocks were in the green in Tuesday's morning trade.

Shares of Triveni Engineering - Industries (up 1.54 per cent), Indian Sucrose (up 1.32 per cent), Dhampur Sugar Mills (up 1.26 per cent), Uttam Sugar Mills (up 1.19 per cent) and EID Parry (up 1.14 per cent) were the top gainers.

Magadh Sugar (up 1.08 per cent),

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Traders go short on Coal India, Eicher and ITC, add long positions in HUL
The February derivatives series is abuzz with activity as stocks react to the budget announcements and corporate earnings. Traders have added short positions in the futures of select PSU stocks as a hedge while subscribing to the latest tranche of CPSE ETF. ET takes a look at 5 stocks which are gaining momentum in the February derivatives series.

C

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Govt plans to sell 5% stake in SAIL via OFS, may rake in Rs 1,000 crore
New Delhi: The government is planning to sell 5 per cent stake in Steel Authority of India Ltd (SAIL) through an offer for sale, which could fetch about Rs 1,000 crore to the exchequer, an official said.

Officials from the Department of Investment and Public Asset Management (DIPAM) and steel ministry are planning roadshows in Singapore and Hong

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