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'BUY' or 'SELL' ideas from experts for Friday, 7 February, 2020
NEW DELHI: Domestic equity market is likely to open flat on Friday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.

At 8:25 am the SGX Nifty was 6.50 points or 0.05 per cent lower at 12,123.

ET Now spoke to various experts and here's what they have to recommend for today's trade:

Kunal Bothra independent

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What is Long Term Repo Operation? Key things to know

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Sun Pharma raises R D spend to 6.6% of sales: Key Q3 takeaways
Sun Pharmaceuticals on Thursday posted a 26 per cent year-on-year (YoY) fall in consolidated net profit at Rs 913.52 crore compared with Rs 1,241.85 crore in the same quarter last year. Top line of the pharma major grew 4.98 per cent to Rs 8,038.65 crore for the quarter.

The company announced its financial results during the market hour. Reacting

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Cognizant beats estimates, posts 4% jump in revenue
Technology services provider Cognizant on Thursday posted higher than expected revenue in its fourth quarter ended December 31.

The New Jersey-headquartered company reported a 3.8% year-onyear growth in revenue at $4.28 billion, compared to $4.23 billion expected by analysts.

Net profit in the quarter was down 39% at $395 million, compared to $648

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United Breweries Q3 profit declines 2.5% to Rs 106 crore

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Bank stocks, RIL lift Sensex 163 points, Nifty reclaims 12,100
Mumbai: BSE benchmark Sensex rallied 163.37 points on Thursday after the Reserve Bank of India decided to keep interest rates unchanged as widely expected and said it will continue with accommodative stance.

In a unanimous decision, the monetary policy committee (MPC) decided to hold policy rates at 5.15 per cent.

The central bank reiterated that

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Rally in Asian stocks runs out of steam as coronavirus toll climbs
SINGAPORE: A mid-week rally in Asian share markets halted on Friday and oil prices steadied as the growing death toll and economic damage from a new virus spreading from China curbed further gains.

The death toll in mainland China rose to 636, more than doubling in just under a week, with the number of infections at 31,161.

One of the first

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GSK Consumer Healthcare Q3 profit jumps 25% to Rs 277 crore
New Delhi: GlaxoSmithkline Consumer Healthcare Ltd on Thursday reported a 25.13 per cent jump in standalone net profit to Rs 276.63 crore for the quarter ending December 2019, driven by cost efficiencies.

The company had reported a net profit of Rs 221.06 crore in the same quarter a year ago.

The total income of the company rose to Rs 1,274.90

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UCO Bank Q3 results: Loss narrows to Rs 960 crore; provisions jump
Kolkata: State-run Uco Bank has reported net loss of Rs 960 crore for the December quarter, marginally less than its net loss in the year ago period but higher than that of in the preceding quarter. The bank's operating profit, which is calculated before provisions and contingencies, however trebled at Rs 1211 crore against Rs 381 crore in the
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Mumbai: The Reserve Bank of India (RBI) kept interest rates unchanged on Thursday as expected with price pressures remaining elevated. But the central bank also showed the range of liquidity tools at its disposal to fuel the flagging economy even if monetary policy is tied to the inflation-targeting mandate.

It unveiled a series of measures

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Adani group firm raises $1 billion via dollar bonds
New Delhi: Adani Transmission on Thursday said its arm Adani Electricity Mumbai Ltd (AEML) has raised USD 1 billion (over Rs 7,000 crore) by issuance of dollar bonds.

The issuance saw strong global participation leading to final order book at over USD 5.9 billion with participation from across 245 accounts.

"Adani Group's move in the dollar bond

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RBI delivered Budget-II with sops for realty, PSU lenders MSMEs
The Reserve Bank of India’s Monetary Policy Committee (MPC) under the Chairmanship of Shaktikanta Das may have maintained status quo in the sixth and last bimonthly money policy of the year on Thursday, but some of the policy measures announced by the central bank looked like follow-up to Finance Minister Nirmala Sitharaman’s February 1 Union Budge
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CLSA retains buy on Cadila Healthcare, raises target price to Rs 330
CLSA has retained buy rating on Cadila Healthcare in the long term and raised target price to Rs 330 from Rs 310. Shares of Cipla ended down 1.6% at Rs 439.70 on Thursday while the BSE Sensex closed 163.37 points up (+0.40%) at 41,306.03.

Company Financials

For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs

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United Bank of India posts Rs 114 crore Q3 profit; asset quality improves YoY

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Adani Power Q3 loss narrows to Rs 703 crore

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ICICI Securities maintains hold on Berger Paints India, raises target price to Rs 560
ICICI Securities has maintained hold rating on Berger Paints India in the long term and revised target price to Rs 560 from Rs 480. Shares of Berger Paints ended down 2.4% at Rs 574.25 on Thursday while the BSE Sensex closed 163.37 points up (+0.40%) at 41,306.03.

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For the quarter ended 31-12-2019, the company has reported a

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F O: Nifty trading range widens to 11,800-12,300 zone
By Chandan TapariaNSE Nifty opened on a positive note and continued its bullish momentum for a fourth straight session on Thursday. The index formed a small bodied candle on the daily scale and managed to hold above 12,100 for most part of the session. Market breadth has remained in favour of the bulls on all trading sessions this week.

On the

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Eicher Motors Q3 results: Profit drops 6% to Rs 499 crore; margin shrinks by 430 bps to 25%

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Neutral on Thermax, revised target price to Rs 1,200: Analyst
Motilal Oswal has maintained neutral rating on Thermax in the long term and revised target price to Rs 1,200 from Rs 1,170. Shares of Thermax ended down 1.6% at Rs 1057.20 on Thursday while the BSE Sensex closed 163.37 points up (+0.40%) at 41,306.03.

Company Financials

For the quarter ended 30-09-2019, the company has reported a Consolidated sales

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Tech View: Nifty50 support shifts higher; next target at 12,200 level
NEW DELHI: Nifty50 climbed for the fourth straight session on Thursday and breached its immediate resistance at 12,120 on the closing basis, which was also the 61.8 per cent Fibonacci level for the index, as the bulls further tightened their grip on the market.

Momentum indicator MACD was close to giving a bullish crossover on the daily scale. The

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IndusInd, Axis Bank, others rise up to 4% as NIIs set to rise on RBI measures
NEW DELHI: Shares of select banks climbed up to 4 per cent in Thursday’s trade after RBI announced measures to offered relief on retail loans for automobiles, residential housing and loans micro, small and medium enterprises (MSMEs).

The central bank said that commercial banks will be allowed to deduct the equivalent of incremental credit

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Stocks in the news: YES Bank, Airtel, GE T D India, JSW Steel, Adani Green and Voda Idea
NEW DELHI: Nifty futures on the Singapore Exchange traded 5 points, or 0.04 per cent, lower at 12,124.50, indicating a weak start for Dalal Street. Here are few stocks that may buzz during the day:

YES Bank: The private lender will convene an extraordinary general meeting (EGM) in Mumbai. The meeting will discuss increasing the authorized share

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Hero MotoCorp Q3 results: Profit rises 14% to Rs 880 crore; firm announces Rs 65 dividend
Hero MotoCorp on Thursday reported 14.47 per cent year-on-year (YoY) rise in standalone net profit at Rs 880.41 crore for the quarter ended December 31. The two-wheeler major had posted a profit of Rs 769.10 crore in the same period last year.

Analysts in an ET NOW poll had projected the number at Rs 700 crore.

Total income, however, declined by

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European shares at record high on China plan to cut tariffs on some US imports

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MUMBAI: The Reserve Bank of India (RBI) has allowed all banks and lenders to defer the classification of troubled builder loans as bad for one year, giving the beleaguered industry more time to restructure them.

RBI governor Shaktikanta Das announced on Thursday that loans for projects delayed for reasons beyond the control of promoters will be

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Market Movers: Piramal, V-Mart, Eicher rise; DLF takes a hit, 90 stocks give ‘buy& signals
Shares of Piramal Enterprises surged 8 per cent on Thursday after the company ventured into private credit financing in association with institutional investor Caisse de dépôt et placement du Québec (CDPQ).

Gujarat Pipavav jumped 6 per cent after reporting a 100 per cent jump in profit, while ITI registered similar gains after it withdrew its follo

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China stocks end higher on Beijing's plan to trim tariffs on some US imports
China shares rose for a third session on Thursday after Beijing said it will soon halve tariffs levied against some US goods, in an apparent move to boost business and investor confidence amid a virus outbreak that has disrupted economic activity.

The Shanghai Composite index closed 1.7 per cent higher at 2,866.51. The blue-chip CSI300 index was

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Kotak Institutional Equities retains sell on Bayer Cropscience, target price raised to Rs 3,000
Kotak Institutional Equities has retained sell rating on Bayer Cropscience in the long term with target price revised up to Rs 3,000 from Rs 2,700. Shares of Bayer Cropscience ended up 1.3% at Rs 4498.45 on Thursday while the BSE Sensex closed 163.37 points up (+0.40%) at 41,306.03. Company Financials

For the quarter ended 31-12-2019, the company

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By Anirban Nag and Kartik Goyal

India’s central bank resorted to unconventional policy tools again, as it shored up efforts to bring borrowing costs down and boost demand in an economy on course for its weakest expansion since 2009.

The Reserve Bank of India offered to inject as much as $14 billion cash through one- and three-year funding

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China's US imports tariff cuts propel Japan shares to best day in 13 months
Japanese shares posted their biggest one-day gain in more than a year on Thursday as investor sentiment was buoyed after China cut tariffs on some imported goods from the United States, lifting some of the gloom from a fast-spreading virus outbreak.

The benchmark Nikkei average jumped 2.4 per cent, its most since late December 2018, to a two-week

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