Unrest due to CAA impacted sales in December: Titan
Bengaluru: Titan Company said sales across consumer segments were hurt due to protests against the new citizenship law that forced store closures in December.

“Sales in all divisions in the second half of December was also impacted to some extent due to forced store closures due to the protests in the North East and in many other parts of the c

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Edelweiss upgrades Bharat Forge to buy, revises target price to Rs 625
Edelweiss has upgraded Bharat Forge to buy in the long term with a revised target price of Rs 625. Shares of Bharat Forge ended down 0.9% at Rs 486.55 on Friday while BSE Sensex closed 162.03 points up at 41,464.61.

Company Financials

For the quarter ended 30-09-2019, the company has reported consolidated sales of Rs 2155.20 crore, down -7.42 %

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View: Daily and weekly charts signal limited upside for Nifty
BY NAGARAJ SHETTITECHNICAL RESEARCH ANALYST, HDFC SECURITIESThe underlying trend of Nifty continues to be range-bound and the key overhead resistance of 12350-12400 is unlikely to be broken before the index shows any meaningful downward correction, said technical analysts. Jubilant Foodworks, Wipro, ICICI Bank, Maruti - Tata Motors are some of

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Stock market update: Realty shares dip; Indiabulls Real Estate falls 3%
NEW DELHI: Realty shares were trading in the negative zone in Monday's morning session.

Shares of Indiabulls Real Estate (down 2.77 per cent) , Godrej Properties (down 2.66 per cent) , DLF (down 2.08 per cent) , Sunteck Realty (down 1.38 per cent) , Oberoi Realty (down 1.06 per cent) , Prestige Estates Projects (down 0.97 per cent) and Brigade

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

At 8:25 am the SGX Nifty was 49.50 points or 0.40 per cent lower at 12,199.

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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Nifty50 companies& Q3 profits may surge on low base, tax gain
ET Intelligence Group: After a dip in the previous quarter, aggregate net profit of the Nifty50 companies is expected to catapult in the December 2019 quarter due to lower comparable base a year ago, lower corporate tax rate, and better performance by select banks and finance companies amid lower provisioning towards bad loans.

The top line

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Sell Asian Paints, price target Rs 1,720: CK Narayan
CK Narayan of Chart Advise has a sell call on Asian Paints Ltd. with a target price of Rs 1720.0 . The current price of Asian Paints Ltd. is Rs 1716.8 . CK Narayan recommended to keep a stoploss at Rs 1775 .

Asian Paints Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 168017.88 Crore) operating in Building

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Nirmal Bang maintains buy on UPL, target price Rs 686
Nirmal Bang has maintained buy rating on UPL in the long term with a target price of Rs 686. shares of UPL ended down 0.8% at Rs 590.65 on Friday while BSE Sensex closed 162.03 points up at 41,464.61.

Company Financials

For the quarter ended 30-09-2019, the company has reported consolidated sales of Rs 7817.00 crore, down -1.13 % from last quarter

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5 stocks seeing large build-up in January derivatives series
The Union budget next month and global developments around US-Iran geopolitical tensions are key focus areas of markets in the ongoing derivatives series. Oil marketing companies are seeing traders trimming their bullish bets and adding short positions due to the US-Iran tensions while stock-specific reasons have impacted Sun TV Network and Titan

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Buy NIIT Technologies, price target Rs 1,665: CK Narayan
CK Narayan of Chart Advise has a buy call on NIIT Technologies Ltd. with a target price of Rs 1665.0 . The current price of NIIT Technologies Ltd. is Rs 1639.2 . CK Narayan recommended to keep a stoploss at Rs 1615 .

NIIT Technologies Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 10187.23 Crore) operating in

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Kolkata: The first round of price hikes in over three years is set to immediately boost revenue, operating income and margins of Reliance Jio, Bharti Airtel and Vodafone Idea in the fiscal third quarter, said analysts. They, however, expect full impact of the higher tariffs to be palpable only in the January-March period.

The higher tariffs,

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State Bank of India adds a record 3.6 lakh shareholders in December quarter
MUMBAI: State Bank of India has added a record 3.6 lakh shareholders in December quarter, thanks to the announcement of SBI Cards initial public offer (IPO) which is likely to hit the primary market in next few weeks.

SBI shareholders are eligible for getting SBI Cards IPO from a special category as the chances of getting allotment in

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Sell Century Textiles, price target Rs 460: Kunal Bothra
Kunal Bothra has a sell call on Century Textiles - Industries Ltd. with a target price of Rs 460.0 . The current price of Century Textiles - Industries Ltd. is Rs 471.0 . Kunal Bothra recommended to keep a stoploss at Rs 486 .

Century Textiles - Industries Ltd., incorporated in the year 1897, is a Mid Cap company (having a market cap

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Talking Stock: Hold KEC, Hindalco; exit UPL, ITDC
By G ChokkalingamFounder - CIO Equinomics Research - AdvisoryI have 50 shares of National Peroxide at a price of Rs 3,200 and another 50 at Rs 4,200. Can you please advise on what I shoud do? -PIYUSH SONIYou have entered this stock at the peak of the bull run in the prices of both hydrogen peroxide and stock. Now hydrogen peroxide prices

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Bhart Airtel fund raising: Bharti Airtel gets shareholders nod to raise up to $3 billion - The TheIndianSubcontinent

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Last month, Bharti

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Buy TCS, price target Rs 2,260: Kunal Bothra
Kunal Bothra has a buy call on Tata Consultancy Services Ltd. with a target price of Rs 2260.0 . The current price of Tata Consultancy Services Ltd. is Rs 2207.4 . Kunal Bothra recommended to keep a stoploss at Rs 2165 .

Tata Consultancy Services Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 825674.73

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Stocks in the news: YES Bank, Titan Company, Biocon, Future Retail and UCO Bank
NEW DELHI: Nifty futures on the Singapore Exchange traded 28 points, or 0.23 per cent, lower at 12,220.50, indicating a negative start for Dalal Street. Here are a few stocks which may buzz the most in today’s trade:

YES Bank, Indiabulls Housing: AMFI on Friday reclassified Adani Transmission, Info Edge, Kansai Nerolac Paints, Muthoot Finance and

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Fed may need new approach to boost inflation, Daly says
SAN DIEGO: The Federal Reserve could find itself fighting too-low inflation for years to come, San Francisco Federal Reserve President Mary Daly said on Friday, and may need a new policy framework to lift inflation back up to the Fed’s 2 per cent goal.

“We don’t have a really good understanding of why it’s been so difficult to get inflation back up

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Share market update: Pharma shares down; Piramal Enterprises dips 2%
NEW DELHI: Pharma shares were trading lower in Monday's morning session with their sectoral index trading lower.

Shares of Piramal Enterprises (down 2.36 per cent) , Glenmark Pharmaceuticals (down 2.33 per cent) , Aurobindo Pharma (down 1.96 per cent) , Biocon (down 1.81 per cent) , Sun Pharmaceutical Industries (down 1.25 per cent) , Cadila

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Phillip Capital maintains neutral on Jubilant FoodWorks, target price Rs 1,445
Phillip Capital has maintained neutral rating on Jubilant FoodWorks in the long term with a target price of Rs 1,445. Shares of Jubilant FoodWorks ended up 0.2% at Rs 1,684.55 on Friday while BSE Sensex closed 162.03 points up at 41,464.61.

Company Financials

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

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Muted market reaction to Iran strike overlooks key uncertainties
By Mohamed A. El-Erian

The immediate market reaction to the US air strike that killed a top Iranian general was a textbook one, but it also raised short- and medium-term issues that have not been sufficiently internalized by traders and investors. As long as the conflict between the two countries doesn’t intensify, market participants will most l

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Share market update: Bank shares slip; PNB down over 4%
NEW DELHI: Bank shares were trading with losses in Monday's morning session.

Shares of Punjab National Bank (down 4.15 per cent) , Bank of Baroda (down 3.67 per cent) , RBL BANK (down 3.29 per cent) , State Bank of India (down 3.06 per cent) , Yes Bank (down 2.44 per cent) , IDFC BANK (down 2.09 per cent) , Federal Bank (down 1.98 per cent) ,

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ET Intelligence Group: Who benefits from the infra push — investors in blue-chips, or those looking beyond the biggest in business? This is the question being widely discussed — in Mumbai’s packed commuter-train coaches and on social media — since the government announced plans to invest Rs 102 lakh crore to add more muscle to India’s infrastru

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IOB receives government capital infusion of Rs 4,360 crore
CHENNAI: Public sector Indian Overseas Bank has received capital infusion of Rs 4,360 crore from the government of India, the bank said on Saturday.

In a regulatory filing to the stock exchanges, the bank said it has received the amount as contribution of the government in preferential allotment of equity shares during the financial year 2019-20

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Stock market update: Sugar stocks tumble; Dalmia Bharat Sugar slides 6%
NEW DELHI: Most of the sugar stocks were trading with losses in Monday's morning session.

Shares of Dalmia Bharat Sugar - Industries (down 5.88 per cent), Shree Renuka Sugars (down 5.22 per cent), Magadh Sugar (down 5.12 per cent), Dharani Sugars - Chemicals (down 5.00 per cent) and Bajaj Hindusthan (down 4.46 per cent) were the top

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Mumbai: Shares of GAIL, currently trading at a 38 per cent discount to its long-term price-to-earnings average, could give a good return in 2020 if it gets relief from Rs 1.7 lakh crore of payment related to adjusted gross revenue (AGR) demanded by the department of telecommunications (DoT), analysts said.

The state-run natural gas marketer would

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Following are five big themes likely to dominate thinking of investors and traders in the coming week.

Oil back on the boil

Geopolitics is back in the driving seat. The US killing of a top Iranian commander has doused the nascent New Year rally and delivered a $3 boost for oil prices on fears that any violent retaliation from Tehran would disrupt

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Mumbai: Crisil, the local unit of S-P, is accelerating its analytics and other service offerings amid a slowdown in its key rating business and regulatory overhang, CEO Ashu Suyash said in an interview.

In December, it acquired US-based Greenwich Associates for nearly $40 million, which will help it raise the data analytics offering to Indian f

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Mumbai: Leading homegrown private equity fund True North has acquired about 3 per cent of Biocon Biologics India Ltd (BBIL), a wholly owned subsidiary of Biocon, for $100 million, valuing the unlisted arm at $3-3.5 billion (Rs 25,000 crore), said two people aware of the development. This is the first step of a larger $200-300 million fundraising

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The Indian equity market witnessed consolidation for the second week in a row. The market had a generally stable week, remained in a limited and defined range, and ended mildly in the negative. In the previous weekly note, we had anticipated the consolidation to continue. The market had a subdued start to the New Year and predominantly witnessed

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