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ETMarkets Morning Podcast: Will D-Street continue with its ongoing rally Tune in now
Good morning, welcome to ETMarkets Morning Podcast!

IMF's upbeat growth forecast for India, a spike in stocks globally and Nifty formations on technical charts are giving investors a lot of comfort this morning. But the rupee’s slide to a 7-month low remains an overhang.

That’s where we start the day on Dalal Street, ladies and gentlemen. This is

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European shares edge up as sentiment improves, Intrum surges
LONDON: European shares edged up on Tuesday morning as sentiment regarding tensions between the US and Russia eased up with attention shifting to the first-quarter earnings season and deal-making.

The pan-regional STOXX 600 index was up 0.1 per cent by 0740 GMT, while other European benchmarks were also trading in positive territory, catching up

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Top intraday trading ideas for afternoon trade for Tuesday, 17 April 2018
NEW DELHI: Equity benchmarks were trading flat around 12:05 pm (IST) on Tuesday as gains in Power Grid, NTPC and Mahindra - Mahindra were offset by losses in Wipro, Tata Motors and Sun Pharma.

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,

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Fed can keep rate hikes gradual without risking inflation: Evans
CHICAGO: The Federal Reserve can stick to a series of gradual US interest-rate increases over the next couple of years without much risk of an unhealthy surge in inflation, Chicago Fed President Charles Evans said on Tuesday.

“I don’t foresee an outsized risk of a breakout in inflation,” Evans said in remarks prepared for delivery to the Chicago Ro

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Australia shares flat as AMP slump offsets most gains, NZ falls
Australian shares closed flat on Tuesday, as gains in material and telecom stocks were offset by a sharp drop in the country's largest wealth manager after a probe into the financial sector heard the firm misled regulators.

The S-P/ASX 200 index inched up 0.2 points to close at 5,841.5. The benchmark closed up 0.2 per cent at 5,841.3 on

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Mahindra Mahindra joins Rs 1 trillion m-cap club
Mahindra - Mahindra Ltd today entered the coveted Rs 1 trillion market capitalisation club, after its share price hit a fresh 52-week high on the BSE.

Stock of the company today opened on a bullish note at Rs 815, then gained further ground and touched its all time high level of Rs 819.10, up 2.23 per cent over its previous closing price.

Follo

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Sensex climbs over 50 pts; Nifty trades above 10,550; Vedanta rises 2%
NEW DELHI: Tracking strong global cues, the domestic equity market opened on a positive note on Wednesday.

At 09:20 am, the S-P BSE Sensex was trading 32 points higher at 34,426.80 with Adani Ports (up 1 per cent) as the top gainer and M-M (down 1 per cent) the worst laggard.

The broader Nifty50 index of National Stock Exchnage (NSE) was

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Market Now: Nifty Realty index in the green; IB Real Estate climbs 2%
NEW DELHI: Gains in shares of Indiabulls Real Estate (up 2.03 per cent), Phoenix Mills (up 1.03 per cent) and Godrej Properties (up 0.61 per cent) lifted Nifty Realty index during afternoon trade on Tuesday.

The Nifty Realty index was trading 0.43 per cent up at 307 around 01:30 pm (IST).

Sobha (up 0.28 per cent), DLF (up 0.21 per cent), Brigade

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Avendus to raise Rs 3,000 crore via AIFs
MUMBAI: Avendus Capital is raising Rs 3,000 crore to expand its kitty on alternative investments, with the financial services firm targeting family offices, high net worth individuals and corporate treasuries to sell its products.

While the company, backed by private equity firm KKR, is ramping up collections in a newly launched scheme to bet on

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Nirmal Bang Securities has Buy on DCB Bank Ltd. with a target price of Rs 223. The current market price of DCB Bank is Rs 201.2 Time period given by analyst is year when DCB Bank Ltd. price can reach defined target. DCB Bank (DBL) reported 4QFY18 results with the key strategic pointers being: (1) Fee income growth is being driven by cross-selling

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Bharat-22 ETF follow-on offer could be worth Rs 10,000 crore
The Finance Ministry may come out with a Rs 10,000-crore follow-on fund offer of the Bharat-22 exchange traded fund (ETF) as it looks to dilute stake in Coal India to meet the minimum public holding norm.

Besides, the ministry is keen to take the ETF route to sell off government shares held through SUUTI in private companies -- ITC, Axis Bank and

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Trade resumes at NCDEX after minor fire
NCDEX: Trade resumes at NCDEX after minor fire - The Indian Subcontinent

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ICICIdirect.com has buy call on Marico with a target price of Rs 326.4. The current market price of Marico Ltd. is Rs 320.9.Time period given by analyst is Intra Day when Marico Ltd. price can reach defined target. ICICIdiect recommended to keep stoploss at Rs 317.4. Marico Ltd., incorporated in the year 1988, is a Large Cap company (having a
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ICICI Bank, Axis Bank are like pseudo private banks: Christopher Wood
Stock strategist Christopher Wood has given a thumbs-down to the scandal-hit ICICI Bank and Axis, saying it's always better to own "real" private banks.

The CLSA Global Strategist was speaking at an event in Mumbai on Tuesday.

ICICI Bank and Axis Bank are like pseudo-private banks, Wood added. While ICICI Bank is embroiled in a controversy

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NEW DELHI: The bulls continued to remain charged on Dalal Street for the eighth consecutive session on Monday, but momentum indicator Moving Average Convergence Divergence, or MACD, signalled downward crossovers in 25 stocks on the National Stock Exchange (NSE).

The 50-share Nifty settled 47.75 points, or 0.46 per cent, up at 10,528 on Monday,

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Porinju, a champion for smallcaps, betting on ITC
Porinju Veliyath, popularly known as smallcap czar on Dalal Street, has recently picked stake in largecap ITC, expecting the FMCG major to report 20 per cent CAGR in the next 5 years.

He disclosed this during an interaction with CNBC TV18.

Stock of ITC closed 1.02 per cent up at Rs 267.20 on Tuesday whereas benchmark Sensex extended its rally for

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Market Now: Check out the stocks that hit fresh 52-week highs on NSE
NEW DELHI: Shares of Aarti Industries, Apollo Tyres, Bajaj Electricals and Balkrishna Industries hit fresh 52-week highs on NSE during Tuesday's trade, even as key broader indices turned red, erasing gains of the early session.

Britannia Industries, Cholamandalam Investment and Finance Company, Divi's Laboratories, Escorts, Hindustan Unilever, Indu

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Market Now: Check out the stocks that zoomed over 12% on NSE
NEW DELHI: Shares of Bedmutha Industries (up 17.28 per cent), Raj Rayon Industries (up 14.29 per cent), MVL (up 12.50 per cent) and Royal Orchid Hotels (up 12.31 per cent) zoomed over 12 per cent on NSE during Tuesday's trade.

Shares of Ramky Infrastructure (up 11.12 per cent), Arman Financial Services (up 10 per cent) and Zenith Exports (up 9.96

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These stocks can have a rain dance if the monsoon forecast comes good
The Met department's forecast of a normal monsoon this year has come as manna from heaven for farmers as well as the government.

From the market viewpoint, a normal monsoon is seen as a feel-good. “Foodgrain production in FY18 is likely to have grown by 1 per cent and another season of favourable monsoon is likely to be positive for rural s

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Market Now: Nifty FMCG lone sectoral gainer; HUL, Britannia climb up to 2%
NEW DELHI: The Nifty FMCG index was trading as the solitary gainer on NSE during afternoon trade on Tuesday.

The index was trading 0.24 per cent up at 27,332 around 12:45 pm (IST), underpinned by gains in Hindustan Unilever (up 1.58 per cent), Britannia Industries (up 1.56 per cent) and Jubilant Foodworks (up 1.12 per cent).

Shares of Marico (up

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Market Now: Sensex, Nifty trade up, but these stocks crack up to 9%
NEW DELHI: Remaining immune to the positive mood of broader markets, shares of Alok Industries (down 9.46 per cent), Bil Energy Systems (down 6.67 per cent) and Cinevista (down 6.02 per cent) cracked up to 9 per cent on NSE during the early trade on Tuesday.

Stocks such as Nu Tek India (down 5.56 per cent), Weizmann (down 5 per cent), Hindustan

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Stocks about to shatter post-crisis record: JPMorgan
JPMorgan’s equity strategists are very bullish on first-quarter earnings.

In fact, they’re so bullish that they expect “companies to deliver strongest growth of this cycle with room for estimates to be revised higher,” according to a recent note.

“We expect S-P 500 to deliver 4-5 per cent earnings surprise with 1Q18 EPS of ~$37.50 (implying ~

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As India seeks to get eco-friendly, here is how to make money on D-Street
Pollution and stock investment You may be wondering we are talking chalk and cheese. But not really. A cleaner ecosystem never looked so alluring fr om stock perspective. And India’s high pollution levels mean there is a huge opportunity waiting for investors to tap into.

The fight against pollution -- be it land, water or air -- is going up by

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Stop saying volatility is a bad thing
By Robert BurgessHardly a day went by in 2017 without some pundit bemoaning the lack of volatility in financial markets. They worried about complacency, implying that the Goldilocks-like environment that enveloped markets was a recipe for disaster. With volatility on the rise, you would think the handwringing would diminish. It hasn’t. Now, the p
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NEW DELHI: Nestle India today scaled a lifetime high on the BSE after foreign brokerages Goldman Sachs and CLSA raised its target price.

Global investment bank Goldman Sachs has upped the company's 2018-20 EPS (earnings per share) estimate by 3-5 per cent. It has raised the target price to Rs 7,354, from Rs 6,786 earlier, and maintained 'neutral'

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Nikkei ends flat as investors worry Trump will pressure Abe on trade
TOKYO: Japan's Nikkei ended little changed on Tuesday as investors turned cautious ahead of a meeting between Prime Minister Shinzo Abe and US President Donald Trump which Tokyo fears may link vital security matters with touchy trade issues.

The Nikkei share average ended up 0.1 per cent at 21,847.59 after trading in negative territory for most of

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Market Now: Axis Bank, Kotak Mahindra Bank keep Nifty Private Bank index under pressure
NEW DELHI: Owing to a subdued show by Axis Bank (down 0.83 per cent), Kotak Mahindra Bank (down 0.66 per cent) and HDFC Bank (down 0.02 per cent), the Nifty Private Bank index was trading nearly flat during the early trade on Tuesday.

The index was trading marginally up by 0.09 per cent at 14,419 around 10:20 am (IST).

Shares of South Indian Bank

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By Ameya Karve

What sort of government will India have after the next general election There’s no clear answer to that this far out and the greater the uncertainty, the more difficult it will be for the nation’s equities to make headway in the run up to the vote, according to Morgan Stanley.

“The world’s biggest democratic elections (about 930

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Market Now: Wipro, Infosys, TCS drag Nifty IT index down
NEW DELHI: Losses in Wipro (down 1.69 per cent), Tata Consultancy Services (down 1.13 per cent) and Infosys (down 1.06 per cent) were keeping the IT index down during Tuesday's trade.

The Nifty IT index was trading 0.71 per cent down at 13,110 around 12:20 pm (IST).

Shares of Tech Mahindra (down 0.94 per cent), Infibeam Incorporation (down 0.91

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Aviation stocks go up on GST cut buzz
Air carriers, including SpiceJet, Jet Airways and InterGlobe Aviation (IndiGo), ruled on Tuesday after reports that the civil aviation ministry is considering a steep reduction on the Goods and Services Tax (GST) levied on aviation maintenance, repair and overhaul (MRO) industry.

SpiceJet was trading 0.83 per cent up at Rs 133.95 at around 9.35 am

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