StockMarket

Buy Siemens, price target Rs 1,560: Shrikant Chouhan
Shrikant Chouhan of Kotak Securities Limited has a buy call on Siemens Ltd. with a target price of Rs 1560.0 . The current price of Siemens Ltd. is Rs 1486.7 Time period given by the analyst is Intra Day when Siemens Ltd. price can reach defined target. Shrikant Chouhan recommended to keep a stoploss at Rs 1455 .

Siemens Ltd., incorporated in

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Saudi Aramco set to hit $2 trillion market value on Thursday
DUBAI: Saudi Aramco's shares opened up 10% in their second trading session on Thursday, briefly sending the state-owned oil company's market value above the $2 trillion target sought by Saudi leader Crown Prince Mohammed bin Salman.

The shares hit 38.7 riyals ($10.32) before easing to around 37 riyals after about 15 minutes of trade, up 5%.

On

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Trump wants 'movement' from China to avoid Dec. 15 tariffs: US Agriculture Secretary
US President Donald Trump does not want to implement the next round of scheduled tariffs against Chinese goods on Dec. 15, but he wants "movement" from China to avoid them, US Agriculture Secretary Sonny Perdue said on Monday.

Beijing and Washington have been embroiled in a 17-month trade war that has disrupted global grain flows, rattled markets

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The Golden Cross pattern formation in emerging market equities for the second time in the current year may help Indian equities to continue their outperformance. A Golden Cross occurs when the short-term moving average crosses above the long-term average. It is perceived as a bullish technical pattern.

In the latest Golden Cross, the 50-day moving

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L T bags Rail Vikas Nigam order worth Rs 1,000 cr - Rs 2,500 cr

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Play a Put Ladder on SBI as a hedge: Analysts
Savvy investors holding shares of State Bank of India could initiate a short put ladder on the derivatives counter as a hedge against the limited expected downside, said analysts.

“While the stock is the preferred banking name among the PSU lenders, some headwinds can be seen taking the stock to 290 odd levels,” said Rajesh Palviya, derivatives hea

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Buy HDFC Life Insurance Company, price target Rs 615: Shrikant Chouhan
Shrikant Chouhan of Kotak Securities Limited has a buy call on HDFC Life Insurance Company Ltd. with a target price of Rs 615.0 . The current price of HDFC Life Insurance Company Ltd. is Rs 582.95 Time period given by the analyst is Intra Day when HDFC Life Insurance Company Ltd. price can reach defined target. Shrikant Chouhan recommended to keep
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Hong Kong's role in global finance remains intact despite months of protests: Fitch
Hong Kong's role in global finance is intact, with little evidence to suggest recent protests and social unrest in the city have adversely impacted that role, global credit rating agency Fitch Ratings said on Thursday.

However, the rating agency added that the prolonged protests are undermining perceptions that Hong Kong is a stable international

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In India’s financial services industry, the HDFC Group sets benchmarks that peers often struggle to emulate — let alone overhaul. The group’s money-management arm, HDFC AMC, had also set valuation standards that have hitherto remained largely aspirational for its rivals.

Of late, however, that valuation premium with Nippon India Mutual Fund

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Buy Lupin, price target Rs 785: Shrikant Chouhan
Shrikant Chouhan of Kotak Securities Limited has a buy call on Lupin Ltd. with a target price of Rs 785.0 . The current price of Lupin Ltd. is Rs 748.55 Time period given by the analyst is Intra Day when Lupin Ltd. price can reach defined target. Shrikant Chouhan recommended to keep a stoploss at Rs 730 .

Lupin Ltd., incorporated in 1983, has a

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BOJ deputy governor warns of risks, signals easy policy bias
The Bank of Japan will focus on risks to the economy as uncertainty over US-China trade talks and soft global demand cloud the outlook, its deputy governor said, stressing the bank's resolve to expand stimulus if the recovery is threatened.

But Masayoshi Amamiya, who is one of the BOJ's two deputy governors, signalled that no immediate easing was

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Park Hotels plans public issue to raise Rs 1,000 crore
Mumbai: The Park Hotels, managed by the Apeejay Surrendra Group, is planning a Rs 1,000-crore maiden public share sale and will file the initial document, called the draft red herring prospectus, for the issue with the capital markets regulator later this month, said two people aware of the development.

According to one of the persons cited above,

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Some of the foreign portfolio investors (FPI) are believed to have indulged in shortselling stocks — selling shares which they don’t have.

Capital market regulator Securities - Exchange Board of India (Sebi) has recently alerted custodians that it has come across instances where such trades have taken place.

In an email to foreign and local

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'Black Swan' index flashes yellow: Wall Street is not scared
The options-based Black Swan index may be signaling surging demand from investors for protection against a stock market crash, but Wall Street analysts see little reason to panic.

The Cboe Skew Index is near a 14-month high. It tracks the implied volatility of deep out-of-the-money options - that is, contracts that need a large move in the market

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A pivotal week confronts emerging markets
It may come down to the will of central banks, trade negotiators and voters this week to set the tone for emerging markets headed toward 2020.

Traders are standing by for the Federal Reserve and European Central Bank’s last policy decisions of 2019. The central banks’ new forecasts will provide insight into their ability and willingness to provide

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QIP as backup plan for YES Bank?
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Money laundering scandal-hit Westpac drags Aussie shares; NZ rises for third day
Australian equities weakened sharply on Thursday, as the country's oldest lender Westpac Banking Corp lost over 1 per cent as it fielded investor rage over an alleged money laundering scandal.

The S-P/ASX 200 index closed down 0.7 per cent, or 43.8 points, at 6,708.8. The "Big Four" banks lost between 0.7 per cent and 1.3 per cent.

Westpac

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Analyst Calls: ICICI Bank, NTPC, Zydus Wellness, Essel Propack
Good morning!

The domestic stock market on Tuesday showed early signs of a possible breakout from its consolidation range. And Nifty futures on Singapore traded 1 point higher 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.

• Centrum B

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MTNL shares rise as it seeks shareholder nod for fundraising, monetisation of assets

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Share market update: Infra stocks rise; CG Power climbs 4%
NEW DELHI: Shares of infrastructure companies were trading in the green in Thursday's afternoon session.

Shares of CG Power - Industrial Solutions (up 4.04 per cent) , Power Grid Corporation of India (up 2.89 per cent) , Bharat Heavy Electricals (up 2.6 per cent) , Engineers India (up 2.55 per cent) , GMR Infrastructure (up 1.72 per cent) ,

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Karvy fallout: Brokers to face stricter scrutiny of accounts
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Shanghai shares snap 5-day rally on trade woes ahead of US tariff deadline
Shanghai stocks snapped a five-session rally to end lower on Thursday, as investors remained wary ahead of Washington's decision to proceed with new tariffs on Chinese goods this weekend.

The blue-chip CSI300 index fell 0.3 per cent to close at 3,891.02, while the Shanghai Composite Index also shed 0.3 per cent to 2,915.70.

US President Donald

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Amid gloom over PSU pack, this stock has just stepped on the gas
Mumbai: The pack of PSU stocks has remained largely depressed this calendar amid a crippling economic slowdown and looming government share sale.

But a city gas distribution company has become a clear winner in terms of stock price performance. Gujarat Gas, the country’s largest city gas distributor, has seen its stock rise nearly 73 per cent so f

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Jefferies warns of cyclical downturns in life insurance sector; downgrades SBI Life
Mumbai: India’s life insurance sector, which this year has seen higher profits and business expansion by selling products that promise competitive guaranteed returns, could face reversals once the rate cycle begins to head north, making bank deposits relatively more attractive to savers.

Global brokerage Jefferies, which sounded cautious on the

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HDFC Asset Management, India’s largest mutual fund house by assets, did brisk shopping in November, buying select pharma, largecap and midcap IT stocks, besides a few PSUs, FMCG and metal - mining stocks.

Nifty advanced 1.50 per cent during the month.

The fund house also offloaded shares of some of the performing stocks in the largecap space,

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Share market update: PSU shares advance; Power Grid jumps 3%
NEW DELHI: Shares of PSU were trading with gains in Thursday's afternoon session.

Shares of Bharat Heavy Electricals (up 3.39 per cent) , Power Grid Corporation of India (up 3.25 per cent) , Steel Authority of India (up 3.14 per cent) , GAIL (India) (up 1.83 per cent) , Bharat Petroleum Corporation (up 1.45 per cent) , NTPC (up 1.42 per cent) ,

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S P 500, Nasdaq edge higher; tariff deadline in focus
The S-P 500 and Nasdaq indexes edged higher on Monday, with investors keeping a close watch on headlines around U.S.-China trade as planned tariffs on Chinese imports kick in on Dec. 15.

Beijing and Washington are negotiating a first phase trade deal aimed at de-escalating tariff disputes but they continue to wrangle over key details.

However,

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Wall Street, Fed prep to avoid year end disruption in repo markets
With memories of September's historic spike in short-term funding costs still raw, Wall Street and the Federal Reserve are gearing up for another potential cash crunch at year end.

Liquidity levels will be tested as early as Monday, when Wall Street firms have to shell over cash to the US Treasury for this week's government bond sales and

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Buy DLF, price target Rs 233: CK Narayan
CK Narayan of Chart Advise has a buy call on DLF Ltd. with a target price of Rs 233.0 . The current price of DLF Ltd. is Rs 224.8 . CK Narayan recommended to keep a stoploss at Rs 222 .

DLF Ltd., incorporated in the year 1963, is a Large Cap company (having a market cap of Rs 55174.70 Crore) operating in Real Estate sector.

DLF Ltd. key

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Be careful in executing PoA with stock brokers: NSE tells investorsBe careful in executing PoA with stock brokers: NSE tells investorsBe careful in executing PoA with stock brokers: NSE tells investors
Be careful in executing PoA with stock brokers: NSE tells investors
New Delhi: The National Stock Exchange on Monday advised investors to be careful while executing Power of Attorney (PoA) with stock brokers and specify all the rights that brokers can exercise on their behalf.

The latest communication comes against the backdrop of Karvy Stock Broking Ltd unauthorisedly transferring securities worth Rs 2,300 crore

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