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Share market update: Telecom shares fall; RCom slumps nearly 5%
NEW DELHI: The S-P BSE Telecom index was down in Tuesday's afternoon session with most of its components trading lower.

The S-P BSE Telecom index was trading 1.57 per cent down at 1033.78 around 12:03 pm.

Shares of Reliance Communications (down 4.82 per cent) , GTL Infrastructure (down 4.31 per cent) , Sterlite Technologies (down 4.21 per

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Shareholders of IBHF, LVB to gain from the proposed marriage
Shareholders of both Indiabulls Housing Finance (IBHF) and Lakshmi Vilas Bank (LVB) will gain in the short-term following the merger of these two firms, according to analysts. For IBHF, it is an opportunity to transition to a banking platform and build a sustainable and scalable business model while for LVB, the deal has valued its weak franchise
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Share market update: Auto shares in the red; Exide Industries dips 1%
NEW DELHI: Auto shares were trading in the red in Monday's morning session.

Shares of Exide Industries (down 1.03 per cent) , Bharat Forge (down 0.85 per cent) , Tata Motors (down 0.76 per cent) and Apollo Tyres (down 0.74 per cent) were trading with losses.

Eicher Motors (down 0.62 per cent) , Bosch (down 0.36 per cent) , Maruti Suzuki India

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Share market update: BSE Power index dips; Reliance Infra down over 3%
NEW DELHI: The S-P BSE Power index was down with most of its components trading lower in Tuesday's morning session.

Shares of Reliance Infrastructure (down 3.67 per cent), Adani Power (down 1.60 per cent), Bharat Heavy Electricals (down 1.38 per cent), and Tata Power Company (down 1.25 per cent) were trading with losses.

CG Power and

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Be ready for heightened volatility around polls
By Sandeep PorwalTechnical Analyst, Institutional desk, Ashika Stock BrokingWhen will the Nifty Hit 12,000 Outperformance and strength of the trend have been witnessed in the past election years. In that context, one can expect a lot more in terms of price appreciation though it’s a herculean task to time the market. But ahead of the key event, d
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Rs 1 lakh grows to Rs 3.9 crore in 40 years! Secret behind Sensex's dream runRs 1 lakh grows to Rs 3.9 crore in 40 years! Secret behind Sensex's dream runRs 1 lakh grows to Rs 3.9 crore in 40 years! Secret behind Sensex's dream run
Rs 1 lakh grows to Rs 3.9 crore in 40 years! Secret behind Sensex's dream run
There was a ‘flood of stories’ during the last week that highlighted the stupendous returns generated by Sensex during the past 40 years. And most of them also demonstrated it by explaining ‘how Rs 1 lakh invested in 1979 grew to Rs 3.9 crore now’.

However, no one asked this simple question — was it possible to invest in Sensex in 1979 It was not

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20 deals counting! Mukesh Ambani-s appetite for startups leaves D-Street guessing
In just two years, India’s billionaire businessman Mukesh Ambani has picked up stakes in over 20 startups and about half-a-dozen small companies, making Reliance Industries watchers wonder what he is really up to.

Ambani and his merger - acquisition team have been extremely busy past few months, cherry-picking nearly two dozen startups with

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Share market update: Realty shares advance; Indiabulls Real Estate surges 9%
NEW DELHI: Realty shares were trading with gains in Monday's morning session.

Shares of Indiabulls Real Estate (up 9.47 per cent), Oberoi Realty (up 1.93 per cent) and Sobha (up 1.19 per cent) were trading in the green.

Brigade Enterprises (up 1.08 per cent), Sunteck Realty (up 0.94 per cent) and Prestige Estates Projects (up 0.74 per cent) too

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NIIT Tech slips 3% as Baring PE Asia looks to acquire stake
NEW DELHI: Shares of NIIT Tech slipped nearly 3 per cent on Monday after Baring Private Equity (Asia) agreed to buy out 30.6 per cent stake from NIIT and other promoters in NIIT Technologies for Rs 2,627 crore. Baring will also make an open offer to purchase up to 26 per cent shareholding to comply with Sebi norms.

The NIIT Tech scrip dipped

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Sales scandal claimed Wells Fargo CEO's head. Here's the real story
NEW YORK/WASHINGTON - The day after former Wells Fargo - Co Chief Executive Tim Sloan told US lawmakers he was transforming the bank's high-pressure culture, Federal Reserve officials met privately with bank employees.

At the meeting on March 13, which has not been previously reported, Fed officials were told by four bank employees that

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IB Housing Finance, Tata Motors and Lupin among 10 stocks that analysts say can give solid returns in 2-3 weeks
NEW DELHI: Signals of more stimulus in China and improved US payrolls data rekindled risk appetite among investors helping Asian stocks climb to seven-month highs on Monday.

Indian stocks took cue and rose in early trade, but a jump in crude oil prices and rupee's fall against the US dollar proved a drag on the market. After jumping almost 180

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Sensex jumps 100 points, Nifty tests 11,700 on firm Asian cues
NEW DELHI: A much-needed rebound in US payrolls along with the possibility of a China policy stimulus sent world stocks racing giving the Indian indices a boost in Monday's trading session.

In a document published on the central government's website late on Sunday, Beijing said it would step up a policy of targeted cuts to banks' required reserve

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sensex: Top intraday trading ideas for afternoon trade for Tuesday 09 April 2019 - The TheIndianSubcontinent

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Share market update: Nifty Pharma index dips; Cipla down 1%
NEW DELHI: Pharma shares were mixed in Monday's morning session with their sectoral index trading lower.

Shares of Glenmark Pharmaceuticals (up 0.64 per cent), Lupin (up 0.34 per cent), Dr. Reddy's Laboratories (up 0.31 per cent) and Cadila Healthcare (up 0.22 per cent) were the top gainers in the index.

Cipla (down 1.07 per cent), Divi's

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Balrampur Chini, NTC Industries among top losers on BSE
NEW DELHI: The domestic equity benchmark BSE Sensex was trading 36.07 points up at 38,898.30 on Monday on account of buying in frontline bluechip counters.

Shares of Taylormade Renewables (down 15.77 per cent), Khaitan (India) (down 13.17 per cent), Phyto Chem (down 10.10 per cent), Inventure Grwth (down 10.08 per cent), Sambhaav Media (down 9.78

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China stock market turns an outlier as foreign capital rushes in
SHANGHAI/TOKYO: Not for the first time, China's markets are marching to their own beat.

Just as investors come to terms with a bleak outlook for global growth and earnings, with weak German industrial and trade data just the latest portents of gloom, China's economy may be bottoming out, helped by Beijing's early moves to prop up a stuttering

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Look at sectors like cement, IT and FMCG
By Kapil Shah Technical analyst, Emkay Global Financial ServicesWhen will the Nifty Hit 12,000 Rather that timing the market, we need to understand the nature of this rally and some important trigger levels for the index. Basically, the recent momentum is widely known as a catch-up rally and we have seen huge inflows from FIIs. Recent injection
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3 out of top 10 firms add Rs 40,597 crore to m-cap
New Delhi: Three of the 10 most valued firms together added Rs 40,597 crore in market valuation last week, with TCS emerging as the biggest gainer.

From the top-10 pack, TCS, HDFC and Infosys saw gains to their market capitalisation (m-cap) for the week ended Friday, while Reliance Industries (RIL), ITC, HUL, HDFC, SBI, ICICI Bank, Kotak Mahindra

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Share market update: 25 stocks hit 52-week lows on NSE
NEW DELHI: Around 25 stocks fell to touch their 52-week lows on NSE in Tuesday's session.

Among the stocks that touched their 52-week lows were C - C Constructions, Diligent Media Corporation, Genesys International, Ind-Swift Lab and IVRCL.

JVL Agro Industries, Khaitan Electricals, Reliance Communications, Sagardeep Alloys, Shoppers Stop,

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Bengaluru: India’s big five IT companies are expected to post strong revenue growth in the seasonally-weak fourth quarter on the back of large deal wins, but margins could come under pressure as the costs of expanding headcount in the US begin to bite.

IT companies have had to spend more to hire people in the US and Europe and pay subcontractors

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Baring Private Equity Asia to pick 30% stake in NIIT Tech
New Delhi: Funds affiliated with Baring Private Equity Asia (BPEA) will buy about 30 per cent stake in mid-sized IT services firm NIIT Technologies from NIIT Ltd and other promoter entities for about Rs 2,627 crore, as per a regulatory filing.

The deal will also trigger an open offer under which BPEA will make an offer to the public shareholders

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This Rs 3.50 lakh crore fund manager picked PSBs, hotel stocks in March
HDFC Asset Management, the country’s largest mutual fund house by assets, picked shares of select banking, power, hotels, infrastructure and mining players with both hands in March, as domestic stocks rallied to give benchmark Nifty a 7 per cent lift.

NPTC and Bank of Baroda were among the top buys of the fund house, which picked some 5.71 crore

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Share market update: IT shares up; Mindtree, Wipro among top gainers
NEW DELHI: IT shares were trading higher in Monday's morning session.

Shares of Mindtree (up 0.62 per cent), Wipro (up 0.59 per cent), Tata Consultancy Services (up 0.23 per cent) and Tata Elxsi (up 0.15 per cent) were the top performers in the index.

Infosys (up 0.14 per cent), Oracle Financial Services Software (up 0.13 per cent) and Tech

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View: Why India needs its own Canary Wharf, a $1 trillion state
By Reuben Abraham and Shashi VermaEven as India is consumed by its upcoming elections, the world’s biggest, the country is nearing another milestone: It’s set to overtake the U.K. to become the world’s fifth-largest economy. By 2030, its GDP could top $10 trillion. Yet, unusually for such a geographically large and economically vibrant country, Ind
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Long-term investors not worried about poll outcome: True North
Private equity firm True North said long-term investors will continue to believe in India’s reforms, regardless of the outcome of the general elections set to start on April 11. Only a small set of investors are concerned about a possible slowdown in reforms in case of an indecisive mandate.

“We see multiple election cycles through a company’s and

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Share market update: PSU Bank shares gain; Indian Bank climbs 3%
NEW DELHI: Shares of PSU banks were trading in the positive zone in Monday's morning session.

Shares of Indian Bank (up 2.98 per cent), Bank of Baroda (up 1.84 per cent) , Allahabad Bank (up 1.78 per cent) and Bank of India (up 1.29 per cent) were trading with gains.

Union Bank of India (up 1.18 per cent) , Punjab National Bank (up 1.13 per cent)

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Earnings, elections, macro data among 8 factors that may guide market this week
NEW DELHI: Domestic equity market settled in positive territory last week, with the BSE benchmark Sensex index edging up 0.5 per cent to 38,862.23 and Nifty adding 0.36 per cent to 11,665.95.

This was the seventh consecutive weekly gain for Sensex and eighth for Nifty.

The Reserve Bank of India’s rate cut, rupee, crude oil and macroeconomic n

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Share market update: Bank shares slip; BoB, PNB among top losers
NEW DELHI: Bank shares were trading in the red in Tuesday's morning session.

Shares of Federal Bank (down 1.60 per cent), Bank of Baroda (down 1.50 per cent), Punjab National Bank (down 1.34 per cent) and Kotak Mahindra Bank (down 1.26 per cent) were trading in the red.

State Bank of India (down 1.09 per cent), IDFC First Bank (down 0.74 per

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Lakshmi Vilas Bank jumps 5% on favourable proposed swap ratio
NEW DELHI: Lakshmi Vilas Bank shares jumped 5 per cent on Monday on reports that its board approved a scheme of amalgamation with lndiabulls Housing Finance with the proposed swap ratio of 14 shares of IBHF for every 100 shares of LVB, a 36 per cent premium on LVB’s closing price of Rs 93 on Friday and IBHF’s closing price of Rs 904.

The scrip

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Big banks to report first-quarter results with lowered expectations
Investors will focus on falling profits, a more dovish Federal Reserve and lower interest rates as major US banks kick off what analysts expect to be the first quarter of contracting corporate earnings since 2016.

On Friday, April 12, JPMorgan Chase - Co and Wells Fargo - Co will post results to begin the earnings season in earnest. Citigro

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