StockMarket

By Joanna OssingerWealthy people around the globe are hunkering down for a potentially turbulent 2020, according to UBS Global Wealth Management.

A majority of rich investors expect a significant drop in markets before the end of next year, and 25% of their average assets are currently in cash, according to a survey of more than 3,400 global

Details
Category: Stock Market

Write comment (97 Comments)

Jamie Dimon laments income inequality, won&t assail CEO pay
JPMorgan Chase Chief Executive Officer Jamie Dimon called US income inequality a “huge problem,” but he stopped short of saying America’s top executives were being paid too much.

In an interview, Dimon said he is optimistic about the economy and admitted that his high-profile job made him a target of some criticism. But asked whether his

Details
Category: Stock Market

Write comment (93 Comments)

Sebi disposes of case against ABG Shipyard
New Delhi: Markets regulator Sebi on Monday disposed of adjudicating proceedings initiated against ABG Shipyard, for allegedly not making requisite disclosure under the Listing norms, as the company is under liquidation.

ABG Shipyard is undergoing insolvency proceedings under the Insolvency and Bankruptcy Code (IBC, 2016) as per the National

Details
Category: Stock Market

Write comment (97 Comments)

Sun TV Q2 profit marginally higher at Rs 369 crore

FEATURED FUNDS

Kotak Standard Multicap Fund Regular-Growth

★★★★★

Details
Category: Stock Market

Write comment (97 Comments)

Shriram Housing Finance has raised nearly ₹700 crore from five banks in the last one month through securitisation deals, term loans and refinancing through the National Housing Bank.

Parent Shriram City Union Finance is also exploring a fund infusion of ₹500 crore in two tranches in the mortgage lender to prop up the loan book.

“We were growing o

Details
Category: Stock Market

Write comment (93 Comments)

HDFC AMC shares scale new high at three times issue price
With a rally of more than 4 per cent on Monday, shares of HDFC Asset Management Company traded at three times their issue price of Rs 1,100. The scrip scaled its fresh record high of Rs 3,336 in early trade on Monday.

A couple of recent developments have worked in favour of the stock. Also, MSCI’s index recast, including the company in MSCI Global

Details
Category: Stock Market

Write comment (100 Comments)

IL FS gets creditors' approval for sale of education biz
New Delhi: IL-FS Group on Tuesday said it has received approval from creditors for sale of education business to Career Point Publications (CPPPL).

Schoolnet India Ltd (erstwhile IL-FS Education - Technology Service Ltd) would be sold to CPPPL.

The Committee of Creditors (CoC) represents all the financial creditors to IL-FS Ltd,

Details
Category: Stock Market

Write comment (96 Comments)

By Nilesh Shah

image After years of hard fought negotiations, India pulled out of RCEP. We must have taken a right decision as many ‘friends’ of India have called it a historical blunder. Our experience with free trade agreement (FTAs) isn’t very satisfactory as reflected in stagnant exports and widening trade deficit.

During the West Indies tour of

Details
Category: Stock Market

Write comment (91 Comments)

Share market update: BSE Capital Goods index down; Sadbhav Engineering dips 2%
NEW DELHI: The S-P BSE Capital Goods index was down in Monday's afternoon session.

Shares of Kalpataru Power Transmissions (up 0.98 per cent) , Siemens (up 0.94 per cent) , VGuard Industries (up 0.79 per cent) and Grindwell Norton (up 0.75 per cent) were the top performers in the index.

While Sadbhav Engineering (down 2.05 per cent ) , NBCC (I

Details
Category: Stock Market

Write comment (90 Comments)

Coal India Q2 profit rises 14% to Rs 3,522 crore

FEATURED FUNDS

Kotak Standard Multicap Fund Regular-Growth

★★★★★

Details
Category: Stock Market

Write comment (98 Comments)

Bharat Forge set for a derating as US, local truck woes persist
ET Intelligence Group: The stock of Bharat Forge had gained over 8% in the past three months on hopes of a recovery in its exports to the US. However, amid the slowing demand overseas as well as in the domestic market, India’s largest forging components supplier to automakers has guided for weak earnings in the second half of the current fiscal.
Details
Category: Stock Market

Write comment (98 Comments)

Buy Castrol India, target price Rs 152: Kunal Bothra
Kunal Bothra of Independent Analyst has buy call on Castrol India Ltd. with a target price of Rs 152.0 . The current market price of Castrol India Ltd. is Rs 147.1 Kunal Bothra recommended to keep stoploss at Rs 142 Castrol India Ltd., incorporated in the year 1979, is a Mid Cap company (having a market cap of Rs 14446.13 Crore) operating in
Details
Category: Stock Market

Write comment (91 Comments)

Manali Petrochemicals Q2 profit at Rs 10 crore

FEATURED FUNDS

Kotak Standard Multicap Fund Regular-Growth

★★★★★

Details
Category: Stock Market

Write comment (91 Comments)

The Securities and Exchange Board of India (Sebi) is looking to revamp margins on derivatives trading to reduce costs for market participants, said two people aware of the development. The regulator will consider a single margin system that will help those who trade in futures and options to hedge their share portfolios. Brokers said they could
Details
Category: Stock Market

Write comment (91 Comments)

Buy HPCL, target price Rs 310: Kunal Bothra
Kunal Bothra of Independent Analyst has buy call on Hindustan Petroleum Corporation Ltd. with a target price of Rs 310.0 . The current market price of Hindustan Petroleum Corporation Ltd. is Rs 295.75 Kunal Bothra recommended to keep stoploss at Rs 292 Hindustan Petroleum Corporation Ltd., incorporated in the year 1952, is a Large Cap company
Details
Category: Stock Market

Write comment (100 Comments)

Future Consumer posts Rs 17 crore Q2 loss

FEATURED FUNDS

Kotak Standard Multicap Fund Regular-Growth

★★★★★

Details
Category: Stock Market

Write comment (98 Comments)

Affle India has potential upside of 28%: Nomura

FEATURED FUNDS

Kotak Standard Multicap Fund Regular-Growth

★★★★★

Details
Category: Stock Market

Write comment (93 Comments)

Sell MRF, target price Rs 62,000: Kunal Bothra
Kunal Bothra of Independent Analyst has sell call on MRF Ltd. with a target price of Rs 62000.0 . The current market price of MRF Ltd. is Rs 63274.0 Kunal Bothra recommended to keep stoploss at Rs 64000 MRF Ltd., incorporated in the year 1960, is a Large Cap company (having a market cap of Rs 27322.40 Crore) operating in Tyres sector.

MRF Ltd.

Details
Category: Stock Market

Write comment (96 Comments)

Understanding PCR in commodity options
In this edition, ET shows how to interpret options’ put-call ratio (PCR), which is a contrarian indicator, to get insights into price direction. The PCR gives valuable clues to traders about how to make money. Here, we will use gold options’ PCR as an illustration.

1. What is a call option and a put option contract?A call option facilitates the

Details
Category: Stock Market

Write comment (100 Comments)

Stocks, currency, debt markets shut for Gurunanak Jayanti
NEW DELHI: Domestic equity, debt and currency markets are shut on Tuesday on account of Gurunanak Jayanti. Commodity exchanges will resume trade in the evening session after staying closed for the morning trade.

Most Asian stock markets were trading sideways in early trade, ahead of a speech by US President Donald Trump to the Economic Club of New

Details
Category: Stock Market

Write comment (97 Comments)

Top intraday trading ideas for afternoon trade on Monday, November 11, 2019

FEATURED FUNDS

HDFC Mid-Cap Opportunities Direct Plan-Growth

★★★★★

Details
Category: Stock Market

Write comment (94 Comments)

Asia shares left guessing on trade, await Trump speech
Asian share markets flatlined on Tuesday as uncertainty over Sino-US trade talks and political strife in Hong Kong dogged sentiment, while safe-haven bonds eked out a bounce.

MSCI's broadest index of Asia-Pacific shares outside Japan edged up a slight 0.04 per cent, following a sharp 1.2 per cent pullback on Monday.

Japan's Nikkei dithered either

Details
Category: Stock Market

Write comment (90 Comments)

5 star stocks that could lead the bull charge
Five heavyweights have contributed to about half the gains in the Nifty’s rally since September 20 — when the corporate tax rate cut was announced — to record highs. The benchmark index has gained 11% since September 20, with Reliance Industries, Housing Development Finance Corporation, ICICI Bank, Axis Bank and ITC contributing most of the gains.
Details
Category: Stock Market

Write comment (95 Comments)

Cash-starved CG Power wants to tap markets, said to seek Sebi exemption
Mumbai: CG Power - Solutions, which has ousted its promoters following allegations of financial irregularities, has sought regulatory waiver on a market-access clause to raise much-needed funds, two industry executives aware of the plans told ET. CG Power’s erstwhile directors and promoters, who hold an insignificant stake in the boarddriven c
Details
Category: Stock Market

Write comment (99 Comments)

Oil drops as market awaits news on trade talks, oversupply concerns weigh
US oil prices fell for a second day on Tuesday, weighed down by uncertainty over whether US-China trade talks are making much progress, while higher Saudi Arabian crude output reinforced concerns about oversupply.

US West Texas Intermediate (WTI) crude was down 18 cents, or 0.3 per cent, at $56.68 a barrel. The contract dropped 0.7 per cent in the

Details
Category: Stock Market

Write comment (90 Comments)

Lupin sells Japanese arm Kyowa for $300 million
MUMBAI: Lupin Pharma, India’s fourth-biggest drug-maker by market value, has sold its entire stake in its Japanese subsidiary Kyowa for $300 million to private equity firm Unison, as the seller expects fewer future incentives from Tokyo for generic drugs would make the business less attractive.

ET was the first to report this sale by the company

Details
Category: Stock Market

Write comment (99 Comments)

Share market update: Consumer Durables shares mixed; Crompton Greaves up 2%
NEW DELHI: The S-P BSE Consumer Durables index was up in Monday's afternoon session with its components trading on a mixed note.

Shares of Crompton Greaves Consumer Electricals (up 2.35 per cent) , Symphony (up 2.17 per cent) , TTK Prestige (up 2.13 per cent) and VIP Industries (up 1.56 per cent) were the top performers in the index.

PC

Details
Category: Stock Market

Write comment (91 Comments)

Market share gain, replacement demand to buoy Amara Raja
MUMBAI: Amara Raja Batteries reported a good set of numbers in the September quarter amid challenging conditions with both automotive and industry battery businesses recording healthy volume growth.

Analysts are bullish on the stock given an expected improvement in replacement demand and a market share gain from unorganised players after the GST

Details
Category: Stock Market

Write comment (96 Comments)

Novelis cushions Hindalco Q2, rising debt a concern
MUMBAI: North American subsidiary Novelis provided some cushion to parent Hindalco’s performance in the second quarter where consolidated profit fell 33% and total revenue by 8.8%. Operating profit decreased by 8% at ₹3,918 crore.

Novelis provided the bright spark with EBITDA rising 5% to $374 million, its highest ever as the North American

Details
Category: Stock Market

Write comment (91 Comments)

Share market update: Telecom shares mixed; MTNL jumps 5%
NEW DELHI: Telecom shares were trading on a mixed note in Monday's morning session.

Shares of Mahanagar Telephone Nigam (up 4.94 per cent) , Vodafone Idea (up 2.38 per cent) , Bharti Airtel (up 0.54 per cent) and Bharti Infratel (up 0.30 per cent) were trading with gains.

While Vindhya Telelinks (down 5.85 per cent ) , Optiemus Infracom (down

Details
Category: Stock Market

Write comment (99 Comments)