StockMarket

Zenith Exports, Trigyn Tech among top gainers on BSE
NEW DELHI: The domestic equity benchmark BSE Sensex was trading 25.20 points down at 37,437.79 on account of selling in frontline bluechip counters.

Shares of Comfort Fincap (up 19.89 per cent), Zenith Exports (up 17.92 per cent), Transwarranty Finance (up 17.52 per cent), Conart Engineering (up 14.62 per cent) , Trigyn Technologies (up 13.22 per

Details
Category: Stock Market

Write comment (100 Comments)

Sell Chennai Petroleum Corporation, target Rs 220: Kunal Bothra
Independent analyst Kunal Bothra has a sell call on Chennai Petroleum Corporation Ltd. with a target price of Rs 220.0 . The current market price of Chennai Petroleum Corporation Ltd. is Rs 230.5. Time period given by the analyst is Intra Day when Chennai Petroleum Corporation Ltd. price can reach defined target. Kunal Bothra recommended to keep
Details
Category: Stock Market

Write comment (100 Comments)

ITC chairman YC Deveshwar passes away
YC Deveshwar, chairman of the ITC group, passed away this morning. He was 72.

The cause of his death is not known. He was diagnosed with cancer a few years ago.

Deveshwar joined ITC in 1968 and became the executive chairman of the company in 1996. Under his leadership, ITC was successful in warding a takeover threat from its largest shareholder

Details
Category: Stock Market

Write comment (96 Comments)

Buzzing stocks: RCom, Vodafone Idea, SBI, RIL, Tata Steel
NEW DELHI: RCom with over 2.10 crore shares changing hands was leading among the most traded stocks on NSE on Monday.

Shares of Vodafone Idea (number of shares traded: 0.78 crore), IVRCL (number of shares traded: 0.33 crore), JP Power (number of shares traded: 0.26 crore), SBI (number of shares traded: 0.22 crore), IDFC First Bank (number of

Details
Category: Stock Market

Write comment (93 Comments)

'BUY' or 'SELL' ideas from experts for Monday 13 May 2019
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 33 points or 0.29 per cent lower at 11,250.50.

ET Now spoke to various experts and here's what they have to recommend for today's trade:

Manas Jaiswal of

Details
Category: Stock Market

Write comment (95 Comments)

Mr Market had a rough week with the indices witnessing a steep fall. Indian bourses also became vulnerable to the US-China trade spat, which made global markets fearful and led to a massive fall from high of 11,856. Any depreciation in the yuan will put further pressure on the rupee, as the dollar keeps gaining strength amid the trade tussle.
Details
Category: Stock Market

Write comment (94 Comments)

Companies build up defences to keep raiders at bay
MUMBAI: Some Indian companies are considering measures to protect themselves from hostile takeovers as L-T’s Mindtree bid puts the spotlight on weak corporate defences in place to thwart raiders. These companies are seeking legal opinion, consulting lawyers and discussing ways of countering a hostile takeover in case one materialises.

ET has

Details
Category: Stock Market

Write comment (92 Comments)

L T order book to sustain revenue growth, stock
ET Intelligence Group: Larsen - Toubro (L-T) is a proxy for more complex forward-looking metrics than routine industrial activity. So, its double-digit order inflow guidance when factory output indices aren’t exactly setting the charts on fire has drawn investors, explaining its 5 per cent outperformance relative to broader benchmarks in t
Details
Category: Stock Market

Write comment (95 Comments)

SBI back in black, posts profit of Rs 838 crore in Q4
Mumbai: State Bank of India (SBI) swung to profit in the March quarter from losses a year earlier thanks to robust growth in retail and corporate loans, prompting chairman Rajnish Kumar to say that the country’s largest lender has turned around. Profit fell short of expectations due to higher provisioning for staff-related expenses.

“The t

Details
Category: Stock Market

Write comment (100 Comments)

Buy Kajaria Ceramics, target Rs 605: Dr CK Narayan
Dr CK Narayan of Chart Advise has a buy call on Kajaria Ceramics Ltd. with a target price of Rs 605. The current market price of Kajaria Ceramics Ltd. is Rs 583.9. Time period given by the analyst is Intra Day when Kajaria Ceramics Ltd. price can reach the defined target. Dr CK Narayan recommended to keep stoploss at Rs 575. Kajaria Ceramics
Details
Category: Stock Market

Write comment (100 Comments)

US-China talks, elections, macro data among 7 key factors that may guide stock market this week
NEW DELHI: Indian equities have been in a free fall since the last eight sessions on worries over US-China trade war, uncertainty over election outcome and uninspiring March quarter earnings.

During this period benchmarks Sensex and Nifty have plunged 4 per cent each. Moreover, investors have lost over Rs 6.42 lakh crore as the overall market

Details
Category: Stock Market

Write comment (93 Comments)

Syndicate Bank Q4 profit at Rs 128 crore
New Delhi: Syndicate Bank Friday reported a profit of Rs 128 crore for the March quarter of FY19 on a modest rise in core income and slight improvement in bad loan ratio. The public sector lender posted a loss of Rs 2,195.12 crore during the January-March quarter of FY18.

During the December quarter of the previous fiscal, the bank logged a profit

Details
Category: Stock Market

Write comment (91 Comments)

Buy Federal Bank, target Rs 101: Dr CK Narayan
Dr CK Narayan of Chart Advise has a buy call on Federal Bank Ltd. with a target price of Rs 101. The current market price of Federal Bank Ltd. is Rs 96.9. Time period given by the analyst is Intra Day when Federal Bank Ltd. price can reach the defined target. Dr CK Narayan recommended to keep stoploss at Rs 95 Federal Bank Ltd., incorporated in
Details
Category: Stock Market

Write comment (100 Comments)

After having failed to see any sustainable breakout above the 11,760 level and having faced resistance at the lower trend line of the upward rising channel, which Nifty breached on the downside in October 2018, the index has finally given up and ended the week with a cut. The domestic equity market continued to correct throughout the week and
Details
Category: Stock Market

Write comment (90 Comments)

ED questions Jet executives
Mumbai: The Enforcement Directorate has questioned some senior executives of Jet Airways in connection with foreign investment in the debt-laden airline’s loyalty programme.

In 2014, Jet’s strategic partner Etihad Airways PJSC had entered into a $150-million, or about Rs 900-crore, deal to buy 50.1 per cent stake in Jet Privilege Pvt Ltd (JPPL),

Details
Category: Stock Market

Write comment (90 Comments)

Sell Hindalco Industries, target Rs 188: Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a sell call on Hindalco Industries Ltd. with a target price of Rs 188. The current market price of Hindalco Industries Ltd. is Rs 196.95. Time period given by the analyst is Intra Day when Hindalco Industries Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss at Rs 200.
Details
Category: Stock Market

Write comment (98 Comments)

Trade turbulence shows market vulnerability as stocks get pricier
New York: Stock valuations have climbed to levels reached just before Wall Street's late 2018 plunge, leaving the market at risk of shocks such as the sell-off this week as global trade tensions mounted.

But stocks may have more support than last year, due largely to lower bond yields and a more dovish outlook on interest rates from the Federal

Details
Category: Stock Market

Write comment (96 Comments)

Brokerages slash target price on Asian Paints
Brokerages have slashed target price on Asian Paints after the company’s profit missed Street estimates in the March quarter. The paint maker on Thursday reported a 1.6 per cent fall in consolidated profit after minority interest at Rs 473.1 crore, while consolidated revenue from operations rose 11.7 per cent to Rs 5,018.21crore. Shares of the c
Details
Category: Stock Market

Write comment (95 Comments)

Fed may cut interest rates after US tariff boost
Washington: The Federal Reserve probably will be more inclined to cut interest rates now that President Donald Trump has followed through on his threat to increase tariffs on US imports from China. But it won’t rush into doing so.

While the higher levies will put upward pressure on inflation by raising import prices, the central bank will likely

Details
Category: Stock Market

Write comment (94 Comments)

Foreign flows into Asian equities falter this week after strong April
Foreigners were net buyers of Asian equities for the fourth straight month in April, but analysts doubt such inflows could be sustained amid an escalating tariff war between the world's top two economies.

The United States raised levies on Friday to 25 per cent from 10 per cent on $200 billion worth of Chinese goods and Beijing said it would

Details
Category: Stock Market

Write comment (99 Comments)

Mumbai: Indian stock indices ended down for the eighth consecutive session on Friday as fresh concern about a trade war between US and China continued to weigh on global market sentiment. The Sensex and Nifty have lost 4 per cent each during this period.

The US on Friday hiked tariffs on more than $200 billion worth of Chinese goods and reports

Details
Category: Stock Market

Write comment (96 Comments)

MUMBAI: Subdued March quarter earnings at most Indian lenders belie the prospects of accelerating profit growth in the future, with the industry’s most recent bottom-line performances masking slower addition to toxic assets and higher likely recoveries of loans currently labelled doubtful.

Industry leaders SBI, ICICI Bank and Axis Bank improved

Details
Category: Stock Market

Write comment (90 Comments)

The week in 10 stocks: RILbig slump; stocks that soared when market bled and a new listing
Domestic equity markets witnessed severe selling pressure during the past five trading sessions amid escalating trade tensions between China and the US. As a result, BSE Sensex tumbled 1,500 points, or 3.85 per cent to 37,463 for the week ended May 10. Likewise, NSE Nifty declined 433 points, or 3.70 per cent to 11,278.90.

President Donald Trump

Details
Category: Stock Market

Write comment (91 Comments)

The ECB weighs a profound shift in policy
By Ferdinando GiuglianoThink about extravagant campaign promises, and the words “policy review” don’t exactly leap to mind. And yet, in the steady-asshe-goes world of central bankers, Olli Rehn’s call for a comprehensive rethink of the European Central Bank’s objectives has galvanized the race to succeed Mario Draghi.

The ECB president steps down

Details
Category: Stock Market

Write comment (95 Comments)

Sell DLF, target Rs 157: Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a sell call on DLF Ltd. with a target price of Rs 157.0 . The current market price of DLF Ltd. is Rs 166.75. Time period given by the analyst is Intra Day when DLF Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss at Rs 171. DLF Ltd., incorporated in 1963, has a market cap of
Details
Category: Stock Market

Write comment (93 Comments)

Trade war can have ramifications far wider than what we think of
By DK Aggarwal

Trade war has been haunting the global economy since 2018, hurting investors’ confidence worldwide. The escalation of tension between the world's two biggest economies, China and the US, will unavoidably have an impact beyond their borders. China is currently the largest trading partner of the US, while Canada and Mexico are a close

Details
Category: Stock Market

Write comment (100 Comments)

Mumbai | Bengaluru: Larsen - Toubro’s open offer to buy more shares in mid-tier IT company Mindtree following a hostile takeover bid, is likely to be delayed. The engineering major has missed a deadline to issue its letter of offer to Mindtree shareholders, derailing the May 14 start for the open offer timeline.

The delay comes as markets

Details
Category: Stock Market

Write comment (98 Comments)

Sell Indian Oil Corporation, target Rs 140: Kunal Bothra
Independent analyst Kunal Bothra has a sell call on Indian Oil Corporation Ltd. with a target price of Rs 140. The current market price of Indian Oil Corporation Ltd. is Rs 147.8. Time period given by the analyst is Intra Day when Indian Oil Corporation Ltd. price can reach defined target. Kunal Bothra recommended to keep stoploss at Rs 151.
Details
Category: Stock Market

Write comment (100 Comments)

CLSA downgrades Cadila Healthcare to 'sell'
CLSA has downgraded Cadila Healthcare to 'sell' from 'buy' and cut the target price for the stock to Rs 250 from Rs 430 as it believes the US Food and Drug Administration's (US FDA) observations on company's Moraiya plant could lead to delays in product approval.

US FDA recently inspected Cadila's Moraiya facility and issued a Form 483 with 14

Details
Category: Stock Market

Write comment (91 Comments)

Mumbai: Reliance Industries Ltd (RIL) lost nearly Rs 1 lakh crore in market value in the past five sessions as the nervous mood in the market and bearish commentary from some brokerages pulled the stock down 11 per cent. The company lost its top position as the country’s most valuable company by market capitalisation on Thursday with Tata C
Details
Category: Stock Market

Write comment (95 Comments)