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HCL Tech slightly reduces US dependence: Key Q3 takeaways
HCL Technologies on Friday reported strong growth for December quarter as profit and revenues hit record highs. The company added nearly 50 clients during the quarter.

“We continued our stellar performance and crossed a revenue run rate of $10 billion this quarter. Our revenues have grown 16.4 per cent YoY in constant currency terms and delivered a

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Buy Bharat Electronics, price target Rs 115: Kunal Bothra
Kunal Bothra has a buy call on Bharat Electronics Ltd. with a target price of Rs 115.0 . The current price of Bharat Electronics Ltd. is Rs 107.2 . Kunal Bothra recommended to keep a stoploss at Rs 102 .

Bharat Electronics Ltd., incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 25718.24 Crore) operating in Defence

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BNP sees Sensex at 44500 by year-end, turns bearish on the consumer sector
Mumbai: BNP Paribas has turned ‘negative’ on the consumer sector citing rising input costs, risks to government spending and telecom tariff hikes as the main reasons. The bank has downgraded its rating on Nestle, Godrej Consumer Products and Titan to ‘reduce’ from ‘hold’ and on Dabur, Emami and Jubilant FoodWorks to ‘hold’ from ‘buy’. It has retain
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Market Movers: Voda Idea crashes, Airtel, Piramal rally; 47 stocks flash ‘sell& signals
Telecom stocks created a lot of buzz throughout Friday’s session a day after the Supreme Court had dismissed top telcos’ plea for a review of its AGR order, leaving them with barely a week to pay over Rs 1.47 lakh crore.

Bharti Airtel advanced over 5 per cent while Vodafone Idea sank 25 per cent as analysts feared a possible collapse of the

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Buy Kotak Mahindra Bank, price target Rs 1,770: Kunal Bothra

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France turns new gateway for Indian derivatives play
Mumbai: France is fast emerging as the gateway for foreign investors to route their trades — mainly equity derivative – into the country following the renegotiation of tax treaties with Mauritius almost three years ago. Almost a quarter of the outstanding positions in India’s futures and options contracts and a growing chunk of the bets on India th
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F O: Nifty looks indecisive, but no noticeable weakness in prices
By Chandan Taparia

Nifty50 opened with a marginal loss and moved up in initial trade on Friday. However, it failed to cross the penultimate session’s high at 12,385 and remained in a narrow range for the entire second half of the session.

Eventually, the index formed a small-body candle on the daily chart. It moved within the trading range of the

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Buy Vinati Organics, price target Rs 2,200: Kunal Bothra
Kunal Bothra has a buy call on Vinati Organics Ltd. with a target price of Rs 2200.0 . The current price of Vinati Organics Ltd. is Rs 2144.05 . Kunal Bothra recommended to keep a stoploss at Rs 2060 .

Vinati Organics Ltd., incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 10274.09 Crore) operating in Chemicals

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Salil Parekh on why he thinks this may be Infosys's best year
BENGALURU: Strong global demand for technology services is boosting prospects for Infosys, according to its CEO Salil Parekh, who has successfully steered the return of India’s second-largest software exporter to double-digit growth.

In his first interview after being absolved of all charges of financial malfeasance made by anonymous

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Share market update: PSU shares trade lower; GAIL falls 3%
NEW DELHI: Shares of PSU were trading in the negative zone in Friday's afternoon session.

Shares of GAIL (India) (down 2.64 per cent) , Coal India (down 1.85 per cent), National Aluminium Company (down 1.48 per cent), Bharat Petroleum Corporation (down 1.27 per cent), Indian Oil Corporation (down 1.05 per cent) , NHPC (down 1.02 per cent) , Power

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Buy Century Enka, price target Rs 225: Kunal Bothra
Kunal Bothra has a buy call on Century Enka Ltd. with a target price of Rs 225.0 . The current price of Century Enka Ltd. is Rs 213.1 . Kunal Bothra recommended to keep a stoploss at Rs 198 .

Century Enka Ltd., incorporated in the year 1965, is a Small Cap company (having a market cap of Rs 419.31 Crore) operating in Textiles sector.

Century

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Mumbai: Lenders are staring at a near complete loss of Rs 1,200 crore loans to power producer Abhijeet MADC as they prepare to liquidate the company after three attempts to sell it as a viable company failed, said people familiar with the matter.

The so-called slump sale, which would be at a steep discount to its book value, involves sale of an ass

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Share market update: Infra stocks mixed; IRB Infra climbs 4%
NEW DELHI: Shares of infrastructure companies were trading on a mixed note in Friday's afternoon session.

Shares of IRB Infrastructure Developers (up 4.13 per cent) , Bharti Airtel (up 3.88 per cent) , Torrent Power (up 2.69 per cent) , Siemens (up 2.1 per cent) , Interglobe Aviation (up 1.18 per cent) , Tata Power Company (up 0.98 per cent) ,

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Buy Jindal Saw, price target Rs 108: Kunal Bothra
Kunal Bothra has a buy call on Jindal Saw Ltd. with a target price of Rs 108.0 . The current price of Jindal Saw Ltd. is Rs 99.65 . Kunal Bothra recommended to keep a stoploss at Rs 96 .

Jindal Saw Ltd., incorporated in the year 1984, is a Mid Cap company (having a market cap of Rs 3149.58 Crore) operating in Metals - Ferrous sector.

Jindal Saw

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Analyst Calls: Wipro, IndusInd Bank, Mindtree, L T Infotech
Good morning!

The domestic stock market on Friday showed early signs of a possible breakout from its consolidation range. And Nifty futures on Singapore traded 12 points lower this morning, signalling a tepid start for Dalal Street.

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

• Motilal S

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Life Insurance Corporation of India (LIC), India’s largest domestic institutional investor, preferred to go with the wind in December quarter, and mostly lapped up largecaps. But it also nibbled at a few midcaps.

The insurance behemoth bought stocks from across sectors – including infrastructure, metals, information technology, ports, NBFC and phar

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Share market update: Consumer Durables shares mixed; Whirlpool rises 2%
NEW DELHI: Consumer Durables shares were trading on a mixed note in Friday's session.

Shares of CROMPTON (up 2.86 per cent), Whirlpool of India (up 2.36 per cent), VIP Industries (up 1.57 per cent), Voltas (up 0.65 per cent) and TTK Prestige (up 0.58 per cent) were among the top gainers.

While PC Jeweller (down 1.48 per cent), Symphony (down

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Netcore completes ESOP buyback for past and existing employees

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Share market update: Nifty Financial Services index down; PFC falls 1%
NEW DELHI: The Nifty Financial Services index was down with its components trading lower in Friday's afternoon session.

Shares of State Bank of India (down 1.02 per cent), HDFC Bank (down 0.98 per cent), Power Finance Corporation (down 0.93 per cent), SBI Life (down 0.74 per cent), HDFC (down 0.59 per cent), ICICI PRU LIFE (down 0.44 per cent),

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Top intraday trading ideas for afternoon trade on Friday, January 17, 2020

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S P 500 crosses 3,300 on Morgan Stanley earnings, tech rally
US stock indexes hit record highs on Thursday, with the S-P 500 crossing the 3,300 mark for the first time, as upbeat earnings from Morgan Stanley and a tech rally added to optimism from an initial U.S.-China trade deal.

Morgan Stanley's shares jumped 5.6% after the Wall Street bank beat fourth-quarter profit estimates and raised its

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Share market update: Media shares decline; Zee Media dips nearly 2%
NEW DELHI: Media shares were trading in the red in Friday's afternoon session.

Shares of Network 18 Fincap (down 2.48 per cent) , Zee Media Corporation Ltd (down 1.68 per cent) , TV Today Network (down 1.29 per cent) , Dish TV India (down 1.18 per cent) , Balaji Telefilms (down 0.95 per cent) , Inox Leisure (down 0.59 per cent) , Saregama India

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Stock market update: 22 stocks hit 52-week lows on NSE

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FPIs: Sebi exempts certain entities from clubbing of investment limit
New Delhi: Markets watchdog Sebi on Thursday said certain overseas government agencies and their related entities will be exempted from clubbing of investment limit that is applicable for foreign portfolio investors.

The exemption would be applicable where the Indian government has entered into agreements or treaties with overseas governments or

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Share market update: BSE Capital Goods index up; Grindwell Norton gains 3%
NEW DELHI: The S-P BSE Capital Goods index was up in Friday's afternoon session.

Shares of Grindwell Norton (up 2.57 per cent) , Lakshmi Machine Works (up 2.4 per cent) , Kalpataru Power Transmission (up 2.32 per cent) , HEG (up 2.0 per cent) , Siemens (up 1.88 per cent) , Graphite India (up 1.66 per cent) , Havells India (up 1.56 per cent) ,

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Stocks in the news: RIL, Bharti Airtel, TCS, YES Bank, Vodafone Idea and HCL Tech
NEW DELHI: Nifty futures on the Singapore Exchange traded 12 points, or 0.10 per cent, lower at 12,359.50, indicating a tepid start for Dalal Street. Here are a few stocks which may nu

RIL, TCS - HCL Tech: Reliance Industries is expected to report a 10-14 per cent yearly rise in profit for the December quarter. TCS is expected to report a flat

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Sebi fines Zee Group Rs 9 lakh for disclosure lapses
New Delhi: Markets regulator Sebi on Thursday imposed a fine totalling Rs 9 lakh on Zee Media Corporation and its promoter entity 25FPS Media for shareholding disclosure lapses.

The regulator has levied a fine of Rs 6 lakh on 25FPS Media Private Limited and Rs 3 lakh on Zee Media Corporation Ltd (ZMCL), Securities and Exchange Board of India

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Buy PVR, price target Rs 2,010: Shubham Aggarwal
Shubham Aggarwal of Quantsapp Advisory has a buy call on PVR Ltd. with a target price of Rs 2010.0 . The current price of PVR Ltd. is Rs 1915.25 . Shubham Aggarwal recommended to keep a stoploss at Rs 1870 .

PVR Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 10377.29 Crore) operating in Media -

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Mumbai: Shares of Vodafone Idea and Bharti Infratel could drop sharply on Friday after the Supreme Court on Thursday rejected the plea of telecom companies for a review of its earlier order that allowed the government to collect dues worth Rs 1.47 lakh crore from them.

Analysts believe that Bharti Airtel could escape with moderate declines since

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Karnataka Bank Q3 profit slips 12% to Rs 123 crore

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