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NEW DELHI: Global growth concerns weighed on Asian markets and India was no exception to it. Benchmark indices opened lower on Wednesday as IMF cut global growth outlook and also pared India's growth forecast for the next two years.

Asian shares stepped back from eight-month highs. MSCI’s broadest index of Asia-Pacific shares outside Japan dropped

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After Market: Big Bullinterest lifts Firstsource; 100 stocks signal fall
NEW DELHI: Healthy buying in late afternoon trade fuelled by a stronger rupee helped domestic equities finish in the green zone on Tuesday.

The market remained subdued for most part of the day, but started to build up gains, underpinned by improved global sentiment, while hopes of earnings growth offered a leg-up to sentiment.

“The market gained

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Buy HDFC Asset Management Company, target Rs 1,850: JM Financial
JM Financial has a buy call on HDFC Asset Management Company with a target price of Rs 1,850.

The current market price of HDFC Asset Management Company is Rs 1,533.95.

Time period given by the brokerage is one year when HDFC Asset Management Company price can reach the defined target.

Investment rationale by the brokerage-

One of the best plays

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Share market update: Auto shares mixed; Tata Motors up nearly 2%
NEW DELHI: Auto shares were trading on a mixed note in Wednesday's morning session.

Shares of Tata Motors (up 1.97 per cent), MRF (up 1.20 per cent), Mahindra - Mahindra (up 0.62 per cent) and TVS Motor Company (up 0.50 per cent) were the top gainers in the index.

Hero MotoCorp (down 0.90 per cent), Motherson Sumi Systems (down 0.66 per

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F O: Every fall triggers buying, but upside barriers visible too
By Chandan Taparia Nifty remained rangebound for most part of Tuesday’s session but witnessed momentum in the last hour of trade and rose towards 11,680 level. It formed a Bullish Candle along with an Inside Bar or Harami pa ttern on the daily scale, which indicated that every selloff is being bought into while the upside barriers are also v
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Neutral NIIT Technologies, target Rs 1,440: Phillip Capital (India)
Phillip Capital (India) has a neutral call on NIIT Technologies with a target price of Rs 1,440.

The current market price of NIIT Technologies is Rs 1,295.50.

Time period given by the brokerage is one year when NIIT Technologies price can reach the defined target.

View of the brokerage: We believe that with the much anticipated event (promoter

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Raj Packaging, N K Industries among top losers on BSE
NEW DELHI: The domestic equity benchmark BSE Sensex was trading 55.05 points down at 38,884.17 on Wednesday on account of selling in frontline bluechip counters.

Shares of Raj Packaging (down 16.78 per cent), Sarda Plywood (down 13.55 per cent), Bhilwara Tech (down 13.46 per cent), Alpine Housing (down 11.75 per cent), Vijay Textiles (down 10.98

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Buy Indian Hotels Company, target Rs 195: Nirmal Bang Securities
Nirmal Bang Securities has a buy call on Indian Hotels Company with a target price of Rs 195.

The current market price of Indian Hotels Company is Rs 152.35.

Time period given by the brokerage is one year when Indian Hotels Company price can reach the defined target.

Investment rationale by the brokerage-Revenue growth to be supported by Revpar

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By Vrishti Beniwal and Shruti SrivastavaIndia’s farmers and the poor stand to gain irrespective of whether Prime Minister Narendra Modi wins a second term or his main opponent Rahul Gandhi wrests power in elections starting this week. The biggest losers will be loan defaulters-on-the-run.

Poll promises of both Modi’s Bharatiya Janata Party and

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Tools to find out extent of a company's indebtedness
Debt is an important source of funds for a company especially when it operates in a capital intensive sector such as construction, metals, and power. However, it becomes a major concern when the business is no more profitable enough to pay for the interest or principal or both. This is evident from the recent bankruptcy filings of several
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Buy NIIT Technologies, target Rs 1,540: JM Financial
JM Financial has a buy call on NIIT Technologies with a target price of Rs 1,540.

The current market price of NIIT Technologies is Rs 1,298.20.

Time period given by the brokerage is one year when NIIT Technologies price can reach the defined target.

View of the brokerage-BPEA to acquire up to 56 per cent stake in NITEC: BPEA has signed a binding

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Tech Mahindra acquires 18% in Infotek Software and Vitaran Electronics
Tech Mahindra today announced that it would be acquiring an 18.1% stake in Infotek Software and Systems and Vitaran Electronics for up to Rs 13 crore.

These would be cash transactions, said the company in a BSE filing. Tech Mahindra intends to leverage the presence of the companies in the Radio frequency Identification (“RFID”) space in building a

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Praj Industries, Velan Hotels among top gainers on BSE
NEW DELHI: The domestic equity benchmark BSE Sensex was trading 29.80 points down at 38,909.42 on account of selling in frontline bluechip counters.

Shares of Arihant Institute (up 18.97 per cent), Gujarat Hy-Spin (up 17.39 per cent), Jhandewalas Foods (up 17.26 per cent), Akme Star Housing Finance (up 14.94 per cent), Ajanta Soya (up 12.53 per

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Tech view: Nifty50 forms 'Inside Bar'; market vulnerable to selloff
NEW DELHI: Nifty50 jumped in late trade on Tuesday and eventually formed a bullish candle on the daily chart.

That said, the trading range did not expand and was within the previous session’s high-low range. With the advance-decline ratio still in favour of the bears, upsides, in any, remained vulnerable to selloffs. The index may need to move p

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By Pankaj MurarkaIndia has witnessed a prolonged earnings recession over the past decade. The end of FY2018-19 marked 10 years since the recovery began from the aftermath of the global financial crisis. While aggregate GDP growth on reported basis has been healthy over the past 10 years at ~7% CAGR, the trend across industrial growth, corporate
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Buzzing stocks: Vodafone Idea, YES Bank, DHFL, Wipro, HDFC Bank
NEW DELHI: Vodafone Idea with over 0.27 crore shares changing hands was leading among the most traded stocks on NSE on Wednesday.

Shares of YES Bank (number of shares traded: 0.16 crore), DHFL (number of shares traded: 0.13 crore), Indiabulls RE (number of shares traded: 0.10 crore), Wipro (number of shares traded: 0.09 crore), Ashok Leyland

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Equities bounce after rupee show, Sensex up 239 pts
NEW DELHI: Private bank stocks and blue chip Reliance Industries lifted key benchmark indices by over half a per cent on Tuesday, helping recoup the previous session's losses.

The market for the most part meandered through gains and losses, but a recovery in European shares along with rupee's rise against the dollar gave investors some

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Share market update: Consumer Durables shares down; VIP Industries dips over 2%
NEW DELHI: The S-P BSE Consumer Durables index was down in Monday's afternoon session with its components trading lower.

Shares of VIP Industries (down 2.73 per cent), Crompton Greaves Consumer Electricals (down 1.77 per cent), Whirlpool of India (down 1.42 per cent) and Blue Star (down 0.81 per cent) were the worst performers in the index.

Ti

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RBI gives 12 years to LIC for reducing stake in IDBI Bank
The Reserve Bank of India (RBI) has given 12 years to Life Insurance Corp to reduce its stake in IDBI Bank, accepting the life insurer’s argument that it is a long-term investor in the struggling bank which had nearly 30 per cent of its advances as bad loans in the December quarter. Two people aware of the development said that RBI, which
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Ten years are a long time in Indian economy. A study of its fortunes during 2009-19 is a reminder that much water has indeed flowed under the bridge.

To be sure, equities broke new ground as investor expectations soared. This marks a decisive phase in India's history as the country goes to polls this week, results of which will be out on May 23.

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This manager has no mini Lehman fears, adds up on non-bank debt
By Ronojoy Mazumdar

India’s top-performing local corporate bond fund is making another contrarian bet after its decision to buy notes during last year’s liquidity squeeze in the market paid off.

DSP Investment Managers’ corporate bond fund is adding to holdings of debt from non-banks even as the shock defaults by Infrastructure Leasing - F

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Buy Bajaj Auto, target Rs 3,000: Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a buy call on Bajaj Auto Ltd. with a target price of Rs 3,000. The current market price of Bajaj Auto Ltd. is Rs 2918.5. Time period given by the analyst is Intra Day when Bajaj Auto Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss at Rs 2884. Bajaj Auto Ltd., incorporated in
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Buy Gujarat Gas, target Rs 183: Motilal Oswal Securities
Motilal Oswal Securities has a buy call on Gujarat Gas with a target price of Rs 183.

The current market price of Gujarat Gas is Rs 155.30.

Time period given by the brokerage is one year when Gujarat Gas price can reach the defined target.

Investment rationale by the brokerage:Newer investments in Morbi and nearby areas are increasingly from

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Share market update: BSE Capital Goods index down; NBCC slips nearly 3%
NEW DELHI: The S-P BSE Capital Goods index was trading lower in Tuesday's afternoon session.

Shares of NBCC (India) (down 2.72 per cent), Carborundum Universal (down 2.32 per cent), Graphite India (down 1.80 per cent) and Dilip Buildcon (down 1.62 per cent) were the top losers in the index.

Bharat Heavy Electricals (down 1.52 per cent), HEG

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Yes Bank Share Price: Buy YES Bank, target Rs 279: Dr CK Narayan - The TheIndianSubcontinent

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DID YOU KNOWUnleash the power of SIP - Invest in Mutual funds

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Buy Amber Enterprises India, target Rs 954: Axis Securities
Axis Securities has a buy call on Amber Enterprises India with a target price of Rs 954.

The current market price of Amber Enterprises India is Rs 827.

Time period given by the brokerage is one year when Amber Enterprises India price can reach the defined target.

Investment rationale by the brokerage-Market leader in domestic RAC, OEM/ODM

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FSL shares jump 7% as Rakesh Jhunjhunwala ups stake in Q4
Jhunjhunwala: FSL shares jump 7% as Rakesh Jhunjhunwala ups stake in Q4 - The TheIndianSubcontinent

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Buy Lupin, target Rs 820: Dr CK Narayan
Dr CK Narayan of Chart Advise has a buy call on Lupin Ltd. with a target price of Rs 820. The current market price of Lupin Ltd. is Rs 809.25. Time period given by the analyst is Intra Day when Lupin Ltd. price can reach the defined target. Dr CK Narayan recommended to keep stoploss at Rs 800. Lupin Ltd., incorporated in 1983, is a largecap
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Buy Delta Corp, target Rs 312: Motilal Oswal Securities
Motilal Oswal Securities has a buy call on Delta Corp with a target price of Rs 312.

The current market price of Delta Corp is Rs 262.25.

Time period given by the brokerage is one year when Delta Corp price can reach the defined target.

View of the brokerage: DELTA’s revenue increased 19 per cent YoY (our estimate: 14 per cent) to Rs 2,043m in 4

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Share market update: OMCs trade mixed; IOC, BPCL among top gainers
NEW DELHI: OMCs were trading on a mixed note in Tuesday's afternoon session with their sectoral index on BSE trading higher.

Shares of Indian Oil Corporation (up 1.78 per cent), Bharat Petroleum Corporation (up 1.22 per cent), Hindustan Petroleum Corporation (up 1.07 per cent) and Petronet LNG (up 0.48 per cent) were the top gainers in the index.

C

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