Share market update: Metal shares decline; JSPL slips over 2%
NEW DELHI: Metal shares were trading in the red in Friday's morning session.

Shares of Jindal Steel - Power (down 2.66 per cent), Hindustan Copper (down 2.64 per cent), Vedanta (down 1.71 per cent) and Steel Authority of India (SAIL) (down 1.48 per cent) were the top losers in the index.

NMDC (down 1.21 per cent), Hindalco Industries (down

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Share market update: BSE Power index down; Suzlon Energy falls 2%
NEW DELHI: The S-P BSE Power index was down with most of its components trading lower in Wednesday's session.

Shares of Suzlon Energy (down 2.17 per cent), CG Power and Industrial Solutions (down 2.10 per cent), Reliance Infrastructure (down 2.05 per cent) and JSW Energy (down 2.03 per cent) were the top losers in the index.

GMR

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PNB falls 4% as Q4 numbers fail to impress Street
NEW DELHI: Shares of Punjab National Bank plunged nearly 4 per cent to Rs 83 in Wednesday's session, a day after it posted a loss of Rs 4,750 crore for the last quarter of the fiscal ending March 2019.

Net NPAs or bad loans for PNB came down to 6.56 per cent as against 11.24 per cent year-ago. In absolute-value, gross NPAs stood at Rs 78,472.70

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5 ailing sectors crying for urgent attention in Modi 2.0 regime
NEW DELHI: As Prime Minister Narendra Modi begins his second innings, a few ailing sectors of the economy are looking for actions from the new government to get them out of the rut.

While NBFCs are crying for attention, so are aviation, power, healthcare, banks and realty firms. So, what’s ailing them and can the government really do something to g

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Top intraday trading ideas for afternoon trade for Wednesday 29 May 2019
NEW DELHI: Equity benchmarks Sensex and Nifty were trading flat in Wednesday's session.

ETMarkets.com collated a list of trading ideas from various experts and here's what they had recommended for today's afternoon trade:

Manas Jaiswal of manasjaiswal.comTCS is a 'Buy' call with a target price of Rs 2200 and a stop loss of Rs 2080.

GSFC is a 'Buy'

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Share market update: Metal shares decline; Vedanta dips nearly 3%
NEW DELHI: Metal shares were trading in the red in Wednesday's morning session.

Shares of Vedanta (down 2.83 per cent), Welspun Corp (down 2.38 per cent), Jindal Steel - Power (down 2.05 per cent) and Hindalco Industries (down 1.73 per cent) were trading lower.

Steel Authority of India (SAIL) (down 1.50 per cent), JSW Steel (down 1.18 per

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The earlier edition covered the concept of supports and resistances, which are markers of the prevailing market sentiment. Depending on the market mood (optimistic or pessimistic), these supports move up or down, creating an uptrend or a downtrend, which is the concept for this edition

UPTREND: Let us first consider a period of bullish fervour,

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Japan stocks to rise 6% by year-end, trade spats seen easing
TOKYO: Expectations that the US-China trade dispute will eventually ease should help Japanese stocks recover by end-December to show a gain of 6 per cent from last week’s closing level, a Reuters poll found.

Median estimates from 28 analysts and fund managers polled in the past week put the Nikkei benchmark at 22,375 by the year-end.

Forecasts

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Man Industries falls on Q4 profit slump - The TheIndianSubcontinent

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As of last close, company shares have gone down around 5 per cent

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Stock market update: IT shares advance; Tech Mahindra gains over 2%
NEW DELHI: IT shares were trading in the positive zone in Friday's morning session.

Shares of Tech Mahindra (up 2.70 per cent), Tata Consultancy Services (up 1.69 per cent), HCL Technologies (up 1.60 per cent) and Oracle Financial Services Software (up 0.92 per cent) were the top performers in the index.

Infosys (up 0.77 per cent), MindTree (up

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Share market update: OMCs trade in the red; ONGC dips 2%
NEW DELHI: Most OMCs were trading in the red in Wednesday's session with their sectoral index on BSE trading lower.

Shares of Oil And Natural Gas Corporation (down 2.11 per cent), Hindustan Petroleum Corporation (down 1.82 per cent) and Indian Oil Corporation (down 1.77 per cent) were trading lower.

Oil India (down 1.55 per cent), Bharat Petroleum

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Share market update: 24 stocks hit 52-week highs on NSE
NEW DELHI: Around 24 stocks rose to touch their 52-week highs on NSE in Wednesday's session.

Among the stocks that touched their 52-week highs were Adani Gas, ADF Foods, Adhunik Industries, Atul and Blue Star. Electrotherm (India), Gujarat Gas, KEI Industries, Mazda, Power Mech Projects and Prestige Estates Projects also featured among the stocks

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Share market update: PSU Bank shares gain; Bank of Baroda rises 1%
NEW DELHI: Shares of PSU banks were trading with gains in Friday's morning session.

Shares of Bank of Baroda (up 1.30 per cent) , Canara Bank (up 1.29 per cent) , Central Bank of India (up 1.18 per cent) and Punjab National Bank (up 1.04 per cent) were the top gainers in the index.

State Bank of India (up 0.82 per cent) , Bank of India (up 0.77

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RBI may slash repo rate by 25 bps in June: Report
The Reserve Bank of India is expected to cut key policy rates by 25 bps in the upcoming monetary policy meeting amid subdued domestic industrial activity and slowdown in trade on the global front, says a report. According to Dun - Bradstreet's latest economy forecast, the trade tensions between the US and other countries will have

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Unhappy Facebook investors seek to confront Zuckerberg, board
By Kurt Wagner and Paula DwyerFor the fifth straight year, Julie Goodridge has submitted a proposal to Facebook Inc.’s board of directors for a shareholder vote at the company’s annual meeting. Her suggestion: Change the company’s dual-class voting structure — under which Chief Executive Officer Mark Zuckerberg has voting rights that give him

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Not big ideas, efficient grind the new normal
By Somnath Mukherjee

Second generation reforms is the oldest cliché in the economic policy playbook — people have been reiterating its importance for over a decade now. With the new government finally in place, the playbook has been dusted out and regurgitated. The dominant narrative is simple — sans another round of big bang reforms, India will n

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Stock market update: 32 stocks hit 52-week lows on NSE
NEW DELHI: Around 32 stocks fell to touch their 52-week lows on NSE in Wednesday's session.

Among the stocks that touched their 52-week lows were Blue Coast Hotels, Chromatic India, Gammon Infrastructure Projects, Intrasoft Technologies and Jubilant Life Sciences.

Khaitan Electricals, Ortel Communications, Quintegra Solutions, S Chand And Company,

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Stock market update: Realty shares slip; DLF down over 1%
NEW DELHI: Realty shares were trading in the negative zone in Wednesday's morning session.

Shares of Godrej Properties (down 1.80 per cent), DLF (down 1.56 per cent), Indiabulls Real Estate (down 1.49 per cent) and Brigade Enterprises (down 1.48 per cent) were the top losers in the index.

Sobha (down 0.84 per cent), Oberoi Realty (down 0.35 per

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Share market update: Auto shares in the green; Bharat Forge up nearly 2%
NEW DELHI: Auto shares were trading in the green in Friday's morning session.

Shares of Bharat Forge (up 1.75 per cent), Eicher Motors (up 1.66 per cent), Hero MotoCorp (up 1.30 per cent) and Tata Motors (up 1.12 per cent) were trading with gains.

Bosch (up 1.07 per cent), Bajaj Auto (up 1.02 per cent), Maruti Suzuki India (up 0.79 per cent) and

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DHFL jumps 4% as Welspun to buy stake in slum project
NEW DELHI: Shares of Dewan Housing Finance Corporation (DHFL) climbed over 4 per cent to Rs 119.50 in Wednesday's session amid reports that textile group Welspun may take partial ownership in the slum rehabilitation projects that DHFL has financed.

Such a move would offer a boost to the lender’s efforts to raise cash.

The Welspun group is in

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Share market update: Nifty Pharma index up; Aurobindo Pharma climbs 3%
NEW DELHI: Pharma shares were higher in Wednesday's morning session with their sectoral index trading higher.

Shares of Aurobindo Pharma (up 2.93 per cent), Cadila Healthcare (up 1.65 per cent) and Biocon (up 1.38 per cent) were the top performers in the index.

Sun Pharmaceutical Industries (up 0.91 per cent), Lupin (up 0.44 per cent) and Cipla

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NEW DELHI: Domestic markets kicked off June F-O series on a firm note on a sharp fall in crude oil prices and optimism that the continuity of Modi governemnt may bring in strong foreign flows into India.

Trade war worries that plagued other global peers took a back seat.

Markets would closely watch March quarter GDP print and the much awaited

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Share market update: Bank shares fall; PNB, SBI among top losers
NEW DELHI: Bank shares were trading in the negative zone in Wednesday's session.

Shares of Punjab National Bank (down 3.07 per cent), State Bank of India (down 2.21 per cent), ICICI Bank (down 1.91 per cent) and Bank of Baroda (down 1.82 per cent) were the top losers in the index.

RBL Bank (down 1 per cent), Federal Bank (down 0.42 per cent), Axis

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Sun Pharma drops post Q4 nos; brokerages mixed
NEW DELHI: Shares of Sun Pharma slipped over 2 per cent in early trade on Wednesday, a day after the company reported disappointing March quarter numbers.

The drug major reported a 52.63 per cent drop in consolidated profit at Rs 635.88 crore for the quarter ended March 31. It had posted a net profit of Rs 1,342.50 crore in the corresponding

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Growth in cement demand in Q1 may plunge to a 7-quarter low
Mumbai: Slowdown in construction activity ahead of the general elections, labour shortage and delayed release of funds by the government will impact cement demand growth during the first quarter of this fiscal, which is expected to plunge to a seven-quarter low.

After six stellar quarters, construction activity could weaken by approximately 500

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Getting lost in signals from your technical analysis Herewhere the problem lies
During the course of a mentoring session, I told a trader recently that the purpose of looking at the lower timeframe charts is to unveil the designs of the higher time frame chart. It sailed over him. Not unusual.

Most new traders are focused on learning new methods, seeking new software, reading new books and discussing the latest algos. Many

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Stock market update: IT shares gain; TCS rises 2%
NEW DELHI: IT shares were trading in the positive zone in Wednesday's morning session.

Shares of Tata Elxsi (up 2 per cent), Tata Consultancy Services (up 1.97 per cent), Wipro (up 1.64 per cent) and NIIT Technologies (up 1.54 per cent) were the top gainers in the index.

HCL Technologies (up 1.27 per cent), Infibeam Avenues (up 0.51 per cent),

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Manpasand Beverages, NCC among top losers on BSE
NEW DELHI: The domestic equity benchmark BSE Sensex was trading 270.12 points up at 40,102.09 on account of buying in frontline bluechip counters.

Shares of Fiberweb India (down 18.25 per cent), Oriental Trimex (down 14.37 per cent) , NCC (down 12.74 per cent) , Jeevan Scientific Technology (down 11.95 per cent) , Baba Arts (down 11.73 per cent) ,

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Share market update: FMCG shares mixed; Britannia rises 1%
NEW DELHI: FMCG shares were trading on a mixed note in Wednesday's morning session.

Shares of Britannia Industries (up 1.02 per cent), ITC (up 0.81 per cent), Godrej Industries (up 0.74 per cent) and Emami (up 0.64 per cent) were the top gainers in the index.

Dabur India (down 1.46 per cent), United Breweries (down 1.18 per cent), Jubilant

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Sensex, Nifty edge lower; global growth concerns weigh
NEW DELHI: Key benchmark indices opened on a lacklustre note with a negative bias on Wednesday tracking overnight losses in US stocks and weakness in Asian peers. The markets consolidated after the latest run up as concerns about world growth weighed on Indian indices too.

Investors world over fretted over the outlook for growth with trade

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