SP Group looks at listing or stake-sale of Eureka Forbes
Shapoorji Pallonji (SP) Group is evaluating “value-unlocking options” for Eureka Forbes. The move comes 18 years after the construction giant acquired the consumer durables company from the Tata Group. The Shapoor Mistry-led enterprise plans to list or sell a stake in Eureka Forbes as part of a debt-trimming exercise. The development follows

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Share market update: PSU shares advance; HPCL rises 2%
NEW DELHI: Shares of PSU were trading with gains in Wednesday's morning session.

Shares of Steel Authority of India (SAIL) (up 2.56 per cent) , Hindustan Petroleum Corporation (up 2.02 per cent) , Container Corporation of India (up 1.60 per cent) and NMDC (up 1.55 per cent) were trading in the green.

Coal India (up 1.23 per cent) , Bharat

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Buy Mahanagar Gas, target price Rs 1,075: Kunal Bothra
Kunal Bothra of Independent Analyst has buy call on Mahanagar Gas Ltd. with a target price of Rs 1075.0 . The current market price of Mahanagar Gas Ltd. is Rs 1046.45 Kunal Bothra recommended to keep stoploss at Rs 1025 Mahanagar Gas Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 10164.73 Crore) operating in

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By Andy Mukherjee

Interest rates could surge, exchange rates may collapse, the sun might stop shining brightly.

Every conceivable danger an investor needs to be aware of in an initial public offering is discussed in the August prospectus of Sterling and Wilson Solar, among the world’s biggest engineering contractors to solar farms. And yet, the

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Share market update: Metal shares shine; SAIL gains 2%
NEW DELHI: Metal shares were trading with gains in Wednesday's morning session.

Shares of Hindustan Copper (up 2.81 per cent) , Steel Authority of India (SAIL) (up 2.29 per cent) , Jindal Steel - Power (up 1.94 per cent) and NMDC (up 1.40 per cent) were trading higher.

Coal India (up 1.23 per cent) , National Aluminium Company (up 0.95 per

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Sell DLF, target price Rs 206: Kunal Bothra
Kunal Bothra of Independent Analyst has sell call on DLF Ltd. with a target price of Rs 206.0 . The current market price of DLF Ltd. is Rs 213.8 Kunal Bothra recommended to keep stoploss at Rs 220

DLF Ltd., incorporated in the year 1963, is a Large Cap company (having a market cap of Rs 53479.11 Crore) operating in Real Estate sector.

DLF Ltd.

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Top intraday trading ideas for afternoon trade on Wednesday, November 20, 2019

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Stock market update: Realty shares slip; Godrej Properties dips 2%
NEW DELHI: Realty shares were trading with losses in Wednesday's morning session.

Shares of Godrej Properties (down 2.28 per cent) , Phoenix Mills (down 1.12 per cent) , Sunteck Realty (down 1.06 per cent) and Indiabulls Real Estate (down 0.94 per cent) were the worst performers in the index.

Prestige Estates Projects (down 0.47 per cent) ,

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Buy M M Finance target price Rs 350: Kunal Bothra
Kunal Bothra of Independent Analyst has buy call on Mahindra - Mahindra Financial Services Ltd. with a target price of Rs 350.0 . The current market price of Mahindra - Mahindra Financial Services Ltd. is Rs 328.95 Kunal Bothra recommended to keep stoploss at Rs 325 Mahindra - Mahindra Financial Services Ltd., incorporated in the

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Reliance Industries Ltd., run by Asia’s richest man Mukesh Ambani, has eclipsed BP Plc to break into an elite club of energy supermajors.

The Indian conglomerate is now valued at $138 billion, compared with the British energy giant’s $132 billion value at the close of trading on Tuesday. Reliance’s shares have increased at three times the pace of I

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Share market update: Nifty Pharma index up; Glenmark Pharma rises 2%
NEW DELHI: Pharma shares were trading with gains in Wednesday's morning session with their sectoral index trading up.

Shares of Glenmark Pharmaceuticals (up 1.98 per cent) , Sun Pharmaceutical Industries (up 1.74 per cent) , Dr. Reddy's Laboratories (up 1.57 per cent) and Aurobindo Pharma (up 1.21 per cent) were trading higher.

Lupin (up 0.79 per

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Buy Jyothy Labs, target price Rs 190: Kunal Bothra
Kunal Bothra of Independent Analyst has buy call on Jyothy Labs Ltd. with a target price of Rs 190.0 . The current market price of Jyothy Labs Ltd. is Rs 179.85 Kunal Bothra recommended to keep stoploss at Rs 178 Jyothy Labs Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 6696.05 Crore) operating in FMCG

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Share market update: Power shares mixed; RInfra slumps 5%
NEW DELHI: The BSE Power index was down in Wednesday's morning session.

Shares of Adani Transmission (up 2.35 per cent) , Torrent Power (up 0.80 per cent) , Adani Power (up 0.75 per cent) and NHPC (up 0.64 per cent) were the top performers in the index.

While Reliance Infrastructure (down 4.86 per cent ) , Bharat Heavy Electricals (down 1.62 per

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Stocks that painted D-Street in green but may lose shine now
Mumbai: Shares of paint manufacturers have been shining bright even as the broader consumption sector reeled under an economic slowdown.

Strong earnings visibility and consistent performance have kept investor sentiment upbeat on the counter. However, the strong outperformance may now pause given the rich valuations, said analysts.

Stocks of the

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Buy Power Finance Corporation, target price Rs 126: CK Narayan
CK Narayan of Chart Advise has buy call on Power Finance Corporation Ltd. with a target price of Rs 126.0 . The current market price of Power Finance Corporation Ltd. is Rs 117.85 CK Narayan recommended to keep stoploss at Rs 113 Power Finance Corporation Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs

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Share market update: BSE Oil Gas index up; RIL, HPCL among top gainers
NEW DELHI: OMCs were trading higher in Wednesday's session with their sectoral index on BSE trading higher.

Shares of Reliance Industries (up 3.71 per cent) , Hindustan Petroleum Corporation (up 1.76 per cent) , Indraprastha Gas (up 1.47 per cent) and Bharat Petroleum Corporation (up 0.94 per cent) were trading with gains.

Petronet LNG (up 0.77

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Share market update: Nifty Financial Services index up; Indiabulls Housing gains 2%
NEW DELHI: The Nifty Financial Services index was up with its components trading mixed in Tuesday's afternoon session.

Shares of Axis Bank (up 2.61 per cent) , Indiabulls Housing Finance (up 2.56 per cent) , Bajaj Holdings - Investment (up 1.28 per cent) and HDFC Life Insurance Company (up 0.82 per cent) were trading with gains.

Bajaj Finserv

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Buy CG Consumer, target price Rs 280: Chandan Taparia
Chandan Taparia of Motilal Oswal Securities has buy call on Crompton Greaves Consumer Electricals Ltd. with a target price of Rs 280.0 . The current market price of Crompton Greaves Consumer Electricals Ltd. is Rs 265.3 Chandan Taparia recommended to keep stoploss at Rs 257 Crompton Greaves Consumer Electricals Ltd., incorporated in the year

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Hopeless cases! These stocks need up to 3,000% rise to hit 52-week highs
NEW DELHI: At least 58 stocks from the BSE500 basket need to surge anywhere between 100 per cent and 3,000 per cent if they were to revisit their 52-week highs.

If the same set of stocks are to touch new record highs, they would need a near-impossible rally of up to 1,50,000 per cent!

Most institutional investors have already given up on many of

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Australia shares end modestly higher on RBA's dovish tone; NZ up
Australian shares closed modestly higher on Tuesday, after minutes from the country's central bank meeting this month revealed a clear dovish bias, but gains on the benchmark were capped by a decline in technology stocks.

The S-P/ASX 200 index advanced 0.7 per cent to 6,814.20 at the close of trade. The main index closed 0.4 per cent lower on

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Trump, Powell met Monday at White House to discuss economy
US President Donald Trump and Federal Reserve Chair Jerome Powell met at the White House on Monday in their second meeting since Powell started the job in February 2017, and soon became the target of criticism from the president who appointed him.

The Fed announced the meeting in a news release, adding they met “to discuss the economy, growth, e

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Share market update: PSU bank shares rise; Canara Bank up 2%
NEW DELHI: Shares of PSU banks were trading with gains in Wednesday's morning session.

Shares of Canara Bank (up 2.17 per cent) , Bank of India (up 1.82 per cent) , Bank of Baroda (up 1.31 per cent) and Jammu - Kashmir Bank Ltd. (up 1.04 per cent) were the top performers in the index.

Indian Bank (up 0.97 per cent) , Union Bank of India (up

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Share market update: Media shares down; Zee Media falls 4%
NEW DELHI: Media shares were trading with losses in Tuesday's afternoon session.

Shares of Zee Media Corporation (down 3.97 per cent) , Jagran Prakashan (down 3.36 per cent) , Zee Entertainment Enterprises (down 3.09 per cent) and TV Today Network (down 1.19 per cent) were trading in the red.

DB Corp (down 0.81 per cent) , Hathway Cable -

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Top intraday trading ideas for afternoon trade on Tuesday, November 19, 2019
NEW DELHI: Equity benchmarks Sensex and Nifty were trading higher in Tuesday's session on account of buying in frontline bluechip counters.

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 independent market expertL-T Finance is a 'Buy' call with

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Share market update: FMCG shares trade higher; Dabur gains 2%
NEW DELHI: FMCG shares were trading in the positive zone in Wednesday's morning session.

Shares of Dabur India (up 2.42 per cent) , Marico (up 1.11 per cent) , Colgate-Palmolive (India) (up 0.84 per cent) and United Spirits (up 0.84 per cent) were the top performers in the index.

Tata Global Beverages (up 0.78 per cent) , Godrej Consumer Products

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Share market update: BSE Capital Goods index up; Sadbhav Engineering jumps 5%
NEW DELHI: The S-P BSE Capital Goods index was up in Tuesday's afternoon session.

Shares of Sadbhav Engineering (up 4.82 per cent) , Graphite India (up 1.73 per cent) , HEG (up 1.23 per cent) and Thermax (up 1 per cent) were the top gainers in the index.

ABB India (up 0.83 per cent) , Siemens (up 0.47 per cent) , Carborundum Universal (up

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Voda Idea climbs 170% in 4 sessions; should you bet on the stock?
NEW DELHI: Shares of beaten-down Vodafone Idea climbed as much as 32 per cent in Wednesday's trade, extending its four-day rally to nearly 170 per cent. The stock hogged limelight after the company said it will raise mobile services rates from December 1 in the wake of the ongoing financial stress.

In another development, the country’s t

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Buy L T Finance, target price Rs 104: Kunal Bothra
Kunal Bothra of Independent Analyst has buy call on L-T Finance Holdings Ltd. with a target price of Rs 104.0 . The current market price of L-T Finance Holdings Ltd. is Rs 101.3 Kunal Bothra recommended to keep stoploss at Rs 96 L-T Finance Holdings Ltd., incorporated in the year 2008, is a Large Cap company (having a market cap of

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Share market update: PSU bank shares advance; Syndicate Bank rises 2%
NEW DELHI: Shares of PSU banks were trading with gains in Tuesday's morning session.

Shares of Syndicate Bank (up 1.85 per cent) , Union Bank of India (up 1.55 per cent) , Bank of India (up 1.26 per cent) and Bank of Baroda (up 0.68 per cent) were the top performers in the index.

Punjab National Bank (up 0.48 per cent) , Oriental Bank of Commerce

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