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Buy Kajaria Ceramics, target Rs 690: Edelweiss Financial Services
Edelweiss Financial Services has a buy call on Kajaria Ceramics Ltd. with a target price of Rs 690. The current market price of Kajaria Ceramics Ltd. is Rs 530.1. Time period given by the brokerage is a year when Kajaria Ceramics Ltd. price can reach defined target.

Kajaria Ceramics Ltd., incorporated in 1985, is a midcap company with a market

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F O: Bullish candle on Nifty chart shows supports are intact
By Chandan TapariaThe Nifty50 index opened flattish on Wednesday but managed to hold its immediate support in the 10,680-10,690 zone and headed towards the 10,766 level. It formed a bullish candle and almost engulfed the bearish candle seen on the scale, which suggests support remained intact at lower levels.

As long as it holds above 10,680, Nifty

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Market Now: Titan Company, PC Jeweller keep consumer durables index up
NEW DELHI: Gains in Titan Company (up 1.43 per cent), PC Jeweller (up 0.74 per cent) and VIP Industries (up 0.13 per cent) were keeping the BSE Consumer Durables index up in Wednesday's trade.

The BSE Consumer Durables index was trading 0.33 per cent up at 22,487 around 12:25 pm (IST).

However, shares of Crompton Greaves Consumer Electricals

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Market Now: Sensex, Nifty trade up; these stocks zoom over 10%
NEW DELHI: Shares of Future Market (up 15.23 per cent), Future Enterprises (up 12.57 per cent), Artemis Global Life Sciences (up 11.12 per cent) and Future Enterprises (up 11.02 per cent) surged over 10 per cent on NSE during the early trade on Thursday.

Stocks such as Oil Country Tub (up 9.39 per cent), Coral India Finance (up 9.23 per cent), Them

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Tech view: Nifty defends 10,700 level, but signals cautious stance
NEW DELHI: The Nifty50 traded in a narrow range on Wednesday to eventually settle higher. This was the third consecutive session when the index defended the 10,700 level and made a higher highs and higher lows, suggesting that supports for the index are shifting higher.

Wednesday’s was the second session when the index rebounded from the 10,690 l

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Dividends and share buybacks are going to become buzzwords on Dalal Street over the next two years, and that will potentially make more money for equity investors than share price appreciation, says one of India’s top fund managers of the last decade.

The 2017-19 will see a collapse of debt-equity structures in Indian corporates, and a very high

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S KoreaMirae to enter Indiainvestment banking with $300 million
MUMBAI: South Korea’s Mirae will invest $300 million to set up investment banking operations in India and compete with established leaders like JM Capital, Kotak and ICICI Securities.

The Indian operations of Mirae Asset Capital Markets India will be headed by Benedict Ryu, and supported by Aditya Loonkar, a former senior executive of Investec,

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Nifty IT top sectoral gainer; TCS leads the pack of gainers
NEW DELHI: Nifty IT index remained the top gainer among the sectoral indices on Wednesday.

The Nifty IT index settled 0.55 per cent up at 13,453.

Shares of Tata Consultancy Services (up 1.40 per cent), Tata Elxsi (up 1.13 per cent), OFSS (up 1.05 per cent), HCL Technologies (up 0.80 per cent), Infosys (up 0.44 per cent), KPIT Technologies (up 0.13

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Top intraday trading ideas for afternoon trade for Wednesday, 9 May 2018
NEW DELHI: The Nifty50 index was trading flat at 10,722 around 12 pm (IST) on Wednesday as gains in IT, metal and auto stocks were offset by losses in bank, pharma and FMCG.

ETMarkets.com collated a list of trading ideas from various experts and here's what they had recommended for today's afternoon trade:

Kunal Bothra, independent market expertJub

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Buy Godrej Consumer Products, target Rs 1265: Edelweiss Financial Services
Edelweiss Financial Services has a buy call on Godrej Consumer Products Ltd. with a target price of Rs 1265. The current market price of Godrej Consumer Products Ltd. is Rs 1094.1.

The time period given by the brokerage is a year when Godrej Consumer Products Ltd. price can reach defined target. Godrej Consumer Products Ltd., incorporated in the

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YES Bank, Axis Bank keep Nifty Bank index in the green
NEW DELHI: Gains in YES Bank (up 1.41 per cent), Axis Bank (up 1.15 per cent) and Kotak Mahindra Bank (up 0.92 per cent) helped Nifty Bank index close the day in the green zone.

The Nifty Bank index settled 0.25 per cent up at 26,154 on Wednesday.

Shares of HDFC Bank (up 0.56 per cent), IndusInd Bank (up 0.40 per cent) and Punjab National Bank

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Edelweiss raises Rs 2,000 crore in maiden infra fund
MUMBAI: Edelweiss Financial Services has raised Rs 2,000 crore and made a first close of its maiden fund to buy out infrastructure assets in India as rapid urbanisation and push for sustainable development provide room to financial investors.

The fund, which was launched in January this year, collected in a big way from domestic investors such as

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Buy Hindalco Industries, target Rs 325: Edelweiss Financial Services

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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Sensex, Nifty close higher, but these stocks plunged up to 25%
NEW DELHI: Shares of Uttam Value Steels finished Wednesday's session with a loss of 25 per cent, emerging as the top loser on NSE.

It was followed by Shekhawati Poly-Yarn that cracked 12.50 per cent.

Jindal Poly Investment and Finance Company (down 9.37 per cent), Cords Cable Industries (down 8.74 per cent), Mahamaya Steel Industries (down 8.44

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HEG, Graphite India run up for 4th straight session
Key graphite electrode players HEG and Graphite India rose up to 8 per cent today morning, marking their rally for the fourth straight session.

HEG was trading higher 8 per cent after the company on Tuesday posted a net profit of Rs 634.01 crore for the March quarter against a net loss of Rs 3.42 crore in the same period last year.

Its revenue

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Mark Mobius says finicky pension funds flee EMs
NEW YORK: You wouldn’t expect pension funds to sell in a hurry. But that’s exactly what they’re doing now in emerging markets, according to Mark Mobius.

Patient as they are, pension funds are also famously riskaverse, said the 81-year old investor who set up Mobius Capital Partners LLP after leaving Franklin Templeton Investments this year. That’s

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Sensex, Nifty rise for third day; bank, IT stocks key drivers
NEW DELHI: Indian shares rose for a third consecutive day on Wednesday, underpinned by gains in bank, IT, capital goods and consumer durables stocks, tracking global stocks that edged up on a rally in oil stocks.

European energy stocks spurred after the US President Donald Trump said the US will withdraw from the Iran nuclear deal, which may be

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Market Now: Graphite India, L T keep capital goods index up
NEW DELHI: The BSE Capital Goods index was trading 0.64 per cent up at 19,289 around 12:15 pm (IST), backed by gains in Graphite India (up 4.99 per cent) and Havells India (up 1.80 per cent).

Shares of Lakshmi Machine Works (up 1.27 per cent), Siemens (up 1.17 per cent), V-Guard Industries (up 0.87 per cent), Larsen - Toubro (up 0.82 per

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By Matthew Boyle and Saritha Rai

Walmart Inc.’s deal to buy a controlling stake in India’s biggest online seller is meeting skepticism on Wall Street.

The world’s largest retailer will acquire a 77 percent holding in Flipkart Group for $16 billion, the companies said earlier Wednesday. Flipkart co-founder Binny Bansal and other shareholders will

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Tata Motors, TCS among most active stocks in value terms
NEW DELHI: Tata Motors (Rs 649.91 crore), ICICI Bank (Rs 618.78 crore) and Tata Consultancy Services (Rs 455.14 crore) finished Wednesday's session among the most active stocks in value terms of NSE.

Hindalco Industries (Rs 452.33 crore), Reliance Industries (Rs 437.57 crore), HPCL (Rs 430.37 crore), BPCL (Rs 414.87 crore) and Titan Company (Rs

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Market Now: Bharti Infratel, Airtel drive telecom index up
NEW DELHI: Telecom stocks Tata Teleservices (Maharashtra) (up 4.36 per cent), OnMobile Global (up 2.32 per cent), Bharti Infratel (up 1.56 per cent) and Bharti Airtel (up 1.51 per cent) were trading with gains in Wednesday's trade, keeping the sectoral index up.

The BSE Telecom index was trading 1.01 per cent up at 1,281 around 11:50 am (IST).

Sha

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Magma Fincorp reports Rs 72 crore net profit on better asset quality
Kolkata: Magma Fincorp announced Rs 71.5 crore net profit for the fourth quarter to March against Rs 122 crore net loss in the year ago period. The non-bank lender said it witnessed higher loan growth in the fourth quarter and its better repayment collection helped it post a profit.

Its loan disbursal in the period under review grew 51%

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Check out the most traded stocks on NSE
NEW DELHI: With 8.39 crore shares changing hands, PC Jeweller led the pack of most traded stocks on NSE on Wednesday.

Firstsource Solutions (4.31 crore) and JP Associates (4.29 crore) were up next.

Reliance Communications (3.36 crore), Shree Renuka Sugars (3.19 crore), Uttam Value Steels (3.01 crore), Sintex Industries (2.67 crore), Federal Bank (2

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Market Now: BPCL, HPCL, IOC keep oil gas index down
NEW DELHI: Losses in BPCL (down 3.39 per cent), HPCL (down 3.34 per cent) and Indian Oil Corporation (down 2.76 per cent) were keeping the BSE Oil - Gas index down during Wednesday's trade.

The BSE Oil - Gas index was trading 1.02 per cent down at 14,377 around 11:30 am (IST).

Shares of Castrol India (down 0.55 per cent), Reliance

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Jindal Steel back in black, reports Q4 profit at Rs 145 crore
Jindal Steel and Power (JSPL) witnessed a turnaround in the fourth quarter and came back to profit on a standalone basis after 13 quarters. The reported a net profit of Rs 145 crore in Q4FY18 against a loss of Rs 74 crore last quarter and a loss of Rs 116 crore in the same quarter last year.

However, on a consolidated basis, net loss of the

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Over 75 stocks hit fresh 52-week lows on NSE
NEW DELHI: Bajaj Hindusthan Sugar, D.B.Corp, Eros International Media, Hind Syntex, Housing - Urban Development Corporation and IDFC Bank stood among the 78 stocks that touched their fresh 52-week lows level on NSE on Wednesday.

Alok Industries, Mangalore Refinery and Petrochemicals, Chennai Petroleum Corporation, Vakrangee and Vimal Oil -

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NEW DELHI: PC Jeweller (PCJ), once a darling of foreign investors on Dalal Street, has been on a rollercoaster ride on one or the other rumours, even since a company promoter gifted some shares to some undisclosed relatives.

Allegations about the PCJ's undisclosed business relations with Vakrangee, a company market regulator Sebi has been probing

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NEW DELHI: The domestic equity market shrugged off worries over US pullout from the Iran nuclear deal and notched up gains on Wednesday.

Heavy buying in index heavyweights HDFC Bank, Reliance Industries and TCS gave a good 103-point lift to the S-P BSE Sensex. NSE’s Nifty rose 24 points to 10,741.

Here’s a look at the 10 key things you would l

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Over 20 stocks hit fresh 52-week highs on NSE
NEW DELHI: Firstsource Solutions, Gufic Biosciences, Indiabulls Ventures, Quess Corp and Seamec were among the 24 stocks that hit fresh 52-week highs on NSE on Wednesday.

Bombay Dyeing - Mfg Company, Hi-Tech Pipes, KPIT Technologies, Lakshmi Machine Works, Lux Industries, Manappuram Finance and Relaxo Footwears too featured among the stocks

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Market Now: Smallcaps tread in sync with benchmark Sensex
NEW DELHI: In line with benchmark Sensex, the BSE Smallcap index was trading with small gains during Wednesday's trade.

The smallcap index was 0.19 per cent up at 18,143 around 11:20 am (IST), while Sensex was 0.14 per cent up at 35,265. The NSE Nifty50 was 0.11 per cent up at 10,730 around the same time.

Shares of Deccan Gold Mines (up 17.60 per

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