Stock market update: Private banks mixed; YES Bank slides over 3%
NEW DELHI: Shares of private banks were trading on a mixed note in Tuesday's morning session.

Shares of Yes Bank (down 3.44 per cent), RBL Bank (down 0.82 per cent), ICICI Bank (down 0.45 per cent), HDFC Bank (down 0.39 per cent) and Kotak Mahindra Bank (down 0.25 per cent) were the top losers in the index.

While IndusInd Bank (up 0.54 per cent),

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Asian stocks rally to record high ahead of trade deal; yen slips
SINGAPORE: Asian share markets rose on Tuesday and safe-haven assets slid as signs of goodwill between China and the United States supported optimism for global growth, with the world's two biggest economies preparing to formalise a trade-war truce.

The US Treasury Department on Monday said China should no longer be designated a currency

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Brokerages have maintained bullish view on Infosys after the IT major on Friday posted better-than-expected performance for the three months ended December. Analysts have either raised their price targets or maintained them on the stock.

The company posted 23.49 per cent yearon-year rise in profit at Rs 4,457 crore compared with Rs 3,609 crore

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Buy Bharti Airtel, price target Rs 505: Dharmesh Shah

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Paytm issued 3 million FASTags; seeks to add 2 million by March
MUMBAI: Paytm has emerged as India’s biggest issuer of FASTags, with its payment bank unit deploying more than 3 million of these devices to date, and seeking to add another 2 million before FY20 draws to a close.

The expansion would also involve tie-ups with leading car makers Maruti Suzuki, Hyundai, Honda, Kia, and MG Motor, offering pre-fitted

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Stocks in the news: Infosys, YES Bank, D-Mart, Edelweiss Financial and Snowman Logistics
NEW DELHI: Nifty futures on the Singapore Exchange traded 31.50 points, or 0.26 per cent, higher at 12,322.50, indicating a firm start for Dalal Street. Here are a few stocks which may buzz the most in today’s trade: Infosys: The IT firm audit committee's clean chit to the top leadership, including CEO Salil Parekh, in the whistleblower case will

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Buzzing stocks: YES Bank, Vodafone Idea, SAIL, IndusInd Bank
NEW DELHI: YES Bank with over 3.61 crore shares changing hands was leading among the most traded stocks on NSE on Tuesday.

Shares of Vodafone Idea (number of shares traded: 0.76 crore), SAIL (number of shares traded: 0.66 crore), GMR Infra (number of shares traded: 0.59 crore), GAIL (number of shares traded: 0.48 crore), Tata Motors (number of

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SYDNEY: Asian shares paused near 19-month peaks on Monday ahead of the expected signing on a Sino-US trade deal, though talks on a phase two package are likely to drag on for months.

MSCI's broadest index of Asia-Pacific shares outside Japan barely budged, having hit the highest since mid-2018 last week.

Japan's Nikkei was closed for a holiday. It

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Tech setup suggests smallcap midcap rally ahead
BY SANDEEP PORWAL TECHNICAL AND DERIVATIVES ANALYST, ASHIKA STOCK BROKINGWhere we are: The last couple of weeks remained action-packed as market participants saw an unusual rise in volatility. Yet again, the level of 12000 acted as a strong support. Despite a sharp fall, the index managed a close above the key level and traded higher. The

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NEW DELHI: Domestic equity market is likely to open higher on Monday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.

At 8:25 am the SGX Nifty was 42.50 points or 0.35 per cent higher at 12,333.50.

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

Kunal Bothra

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What changed for D-Street while you were sleeping
NEW DELHI: As Asian markets took a breather in early trade on Monday, all eyes will be on whether a strong start to the domestic earnings season can lift sentiment at Dalal Street. Here’s breaking down the pre-market actions.TRADE SETUPSingapore trading sets stage for firm startNifty futures on the Singapore Exchange traded 31.50 points, or 0.26

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Share market update: SE Power, PBM Polytex among top gainers on BSE

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Talking stock: Hold IDFC First, Sterlite, book profit in Sunteck
By G ChokkalingamFounder - CIO, Equinomics Research - AdvisoryI had purchased 200 shares of IDFC First Bank at Rs 64, 1,500 shares of HDIL at Rs 4 and 50 Infosys shares at Rs 450. Please suggest what to do. -PRANAV MEHTAYou may hold IDFC First Bank with a target price of around your cost price which is about two times its current adjusted

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Mumbai: Sale of bad loans to asset reconstruction companies (ARCs) have decelerated, primarily due to increased reference to legal mechanisms including the Insolvency and Bankruptcy Code (IBC). Sale of non-performing assets to ARCs by banks declined from Rs 67,830 crore during 2017-18, to Rs 57,508 crore in 2018-19.

The number of cases and amount

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Emkay Securities initiates hold on United Spirits, target price Rs 655

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ET Intelligence Group: Improving cash profits and a weak property market are twin tailwinds for Avenue Supermarts to step up its expansion plans.

The operator of the D’Mart chain has been increasing its store count by 20-25 every year, but with increasing base and higher number of stores reaching maturity, the company will need to intensify its r

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Digital payment gains should be used to acquire merchants, says Nirmala Sitharaman
Mumbai: Finance Minister Nirmala Sitharaman on Friday told a representation of digital payment industry executives the government would neither amend nor withdraw the zero merchant discount rate (MDR) policy, nor compensate these companies on losses due to the waiving off the transactional charges in the upcoming budget.

However, the FM assured

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Yes Securities maintains buy on Birla Corporation, target price Rs 990

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Top quant trade ideas for the week ahead
By Motilal Oswal SecuritiesOption WritingSTRATEGY 1 Writing against Cash/Future Holding Sell INDUSINDBK 1620 CE 30-JAN-20 at `11.75 Target Level : 0.05 Stop Loss Level : `18.10 Gross Monthly Yield : 1.30% ROI : 5% Margin : `95,000 Days to Expiry : 18 Writing with Hedging Leg 1: Sell INDUSINDBK 1620 CE 30-JAN-20 at `11.75 Leg 2: Buy INDUSINDBK 1700

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NBFCs set to face asset quality woes
Mumbai: Non-banking finance companies (NBFCs) recovering from a liquidity crisis will face some asset quality pressures, especially in the auto financing and real estate with large, higher rated companies better prepared to ride the challenges in the quarter ended December 2019.

Analysts said companies like Housing Development Finance Corp Ltd

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Axis Securities maintains buy on DCB Bank, target price Rs 213

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ET Intelligence Group: Investor interest in Indian small-cap stocks is likely to remain limited in the near term, as they are seen as relatively unattractive in valuation terms to largecaps unless supported by meaningful earnings upgrades.

Investors have been making a strong case for a broad-based rally in 2020 on higher participation from

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While trading on the anticipated lines, the domestic equity market continued to consolidate and saw tremendous volatility owing to the geopolitical tension in West Asia. Nifty traded in a wider-than-usual range and ended the week on a relatively flat note. The index witnessed close to 400 points movement on either side and finally closed with a

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Motilal Oswal maintains buy on Infosys, target price Rs 870

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Oil gas set for a re-rating: UBS
Oil marketing companies and upstream production companies are likely to re-rate in 2020 as the privatisation theme picks up and there is sustained strength in marketing business performance, said foreign brokerage UBS.

Moreover, refining margins are likely to recover due to International Maritime Organization and Bharat Stage VI emission norms, it

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Lupin gets 2 observations from USFDA for Nagpur facility

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