StockMarket

China stocks settle near 6-1/2-month high as consumer firms rule
SHANGHAI: China's major stock indices closed near their 6-1/2-month highs on Monday, as sentiment was bolstered by high expectations of the US Federal Reserve taking a dovish stance at its policy meeting this week and Beijing's policy boost for growth.

At the close, the blue-chip CSI300 index settled 2.9 per cent higher at 3,851.75 points while

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Defensives like IT FMCG might fall out of favour
By Anand James

Where we are: Ideally, volatility favours traders, but Feb’s volatility was not consistent enough for traders’ liking with swinging from 19.9775 to 11.7. Situation changed markedly along almost all those fronts by the end of February, showing signs of a strong upswing, which infact has been playing out in the first half of March, tak

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Buzzing stocks: RPower, GMR Infra, ITC, HCC, Bajaj Finance
NEW DELHI: Reliance Power with over 6.18 crore shares changing hands was leading among the most traded stocks on NSE on Monday.

Shares of GMR Infra (number of shares traded: 4.92 crore) , HCC (number of shares traded: 4.17 crore) , South Indian Bank (number of shares traded: 3.77 crore), NALCO (number of shares traded: 3.75 crore), SAIL (number of

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Superior business performance almost always guarantees superior stock returns. But one stock has been defying this logic on Dalal Street all of this past decade.

Shares of Coal India have slipped 20 per cent this decade despite having an RoCE (return on capital employed) of between 25 per cent and 60 per cent since 2008, a high dividend payout

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Avoid making new long positions, use correction to buy good stocks
By Sacchitanand Uttekar The Nifty has formed a large bullish candle on the weekly charts and the current momentum can take the Nifty up to all-time highs in a very quick span of time, according to technical analysts. They say it’s time to be bullish on PSU banks, Midcaps and pharma stocks.

Where we are: Strong liquidity push from FIIs has been a

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Buy GAIL (India), target Rs 370: Dr CK Narayan
Dr CK Narayan of Chart Advise has a buy call on GAIL (India) Ltd. with a target price of Rs 370. The current market price of GAIL (India) Ltd. is Rs 358.7. Time period given by the analyst is Intra Day when GAIL (India) Ltd. price can reach the defined target. Dr CK Narayan recommended to keep stoploss at Rs 353. GAIL (India) Ltd., incorporated in
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Mindtree gains, L T Infotech drops as race for stake buy hots up
NEW DELHI: Shares of Larsen - Toubro Infotech slipped over 2 per cent, whereas those of Mindtree climbed over 2 per cent in Monday's session amid reports that Larsen - Toubro (L-T) is eyeing stake in Mindtree.

ET reported that L-T could sign a deal with Café Coffee Day founder VG Siddhartha to buy his 21 per cent stake in Mindtree

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Share market update: Nifty IT index flat; Infibeam Avenues down 1%
NEW DELHI: IT shares were mixed in Monday's morning session with their sectoral index trading on a flat note.

Shares of Mindtree (up 1.65 per cent), Oracle Financial Services Software (up 0.89 per cent), Tata Elxsi (up 0.78 per cent) and Tata Consultancy Services (up 0.28 per cent) were the top gainers in the index.

Infibeam Avenues (down 1.14

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Buy UPL, target Rs 945: Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a buy call on UPL Ltd. with a target price of Rs 945. The current market price of UPL Ltd. is Rs 921.6. Time period given by the analyst is Intra Day when UPL Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss at Rs 910. UPL Ltd., incorporated in 1985, is a largecap company
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BHEL, HDFC Life, PGCIL among 12 stocks that analysts say can deliver decent gain in 2-3 weeks
NEW DELHI: Extending their winning streak to the sixth consecutive session, Indian equity benchmarks opened with solid gains on Monday, as investors bought shares across sectors.

Investors’ risk appetite increased after government data showed a drop in India’s trade deficit to hit a 17-month low in February on a sharp fall in import of oil, gold a

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DHFL jumps 4% on Avanse Financial stake sale
NEW DELHI: Shares of DHFL jumped over 4 per cent on Monday morning after the company in a BSE filing said it would be selling its entire 30.63 per cent stake in Avanse Financial Services.

The scrip hovered at Rs 135.20, up 2.42 per cent at around 09:35 am while the benchmark BSE Sensex was up 0.86 per cent at 38,352.79.

ET first reported on

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Buy GMR Infrastructure, target Rs 23: Edelweiss Securities
Edelweiss Securities has a buy call on GMR Infrastructure with a target price of Rs 23.

The current market price of GMR Infrastructure is Rs 17.

Time period given by analyst is one year when GMR Infrastructure price can reach the defined target.

Investment rationale by the brokerage-Airports business soaring: Having emerged as the highest bidder

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Maruti Suzuki falls 4% on production cut reports
NEW DELHI: Shares of India's top-selling car maker Maruti Suzuki fell as much as 4.4 per cent, marking their biggest daily percentage loss since January 25.

Maruti is estimated to have cut production by 26.8 per cent to about 126,000 units, a Business Standard report suggested.

Slowing demand and uncertainties ahead of the elections pushed the

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Share market update: PSU Bank shares mixed; BoB up 1%
NEW DELHI: Shares of PSU banks were trading on a mixed note in Monday's morning session.

Shares of J-K Bank (up 2.93 per cent), Bank of Baroda (up 1.10 per cent), Bank of India (up 0.43 per cent) and Syndicate Bank (up 0.13 per cent) were the top performers in the index.

Punjab National Bank (down 0.70 per cent), Oriental Bank of Commerce (down

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FPI inflows likely to continue: Target Investing
Mumbai: The positive FPI flows trend is likely to continue close to election date, said Sameer Kalra, Founder, Target Investing.

“FIIs flows have in some way indicated elections expectations and driven the NIFTY returns in the period analysed…rate cut along with chance in stance by RBI and Air Strikes the flows have turned to inflow at very large p

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Share market update: FMCG shares gain; GCPL rises 2%
NEW DELHI: FMCG shares were trading higher in Monday's morning session.

The Nifty FMCG index was trading 0.34 per cent up at 30,055.65 around 11:13 am.

Shares of Godrej Consumer Products (up 2 per cent), Colgate-Palmolive (India) (up 1.66 per cent), Emami (up 1.35 per cent) and Jubilant Foodworks (up 1.14 per cent) were the top performers in the

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Top Indian officials are in talks with MSCI, a provider of globally tracked investment indices, to strengthen the country’s case for higher weightage on key gauges after suggested recasts to the matrix had threatened to lower the weighting instead of raising it in kilter with New Delhi’s economic profile.

Officials led by Sanjeev Sanyal, principal

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Sensex jumps 450 pts, Nifty nears 11,500 as bank and IT stocks rally; India VIX up 7%
NEW DELHI: Extending its winning streak to a fifth straight session on Friday, domestic stock market surged over 1 per cent led by solid gains in banking and IT names.

After opening on a firm note, Sensex extended gains in the afternoon session and was up 449 points or 1.19% per cent at 38,204.10 around 2.30 pm.

Nifty rose 1.19 per cent or 134.80

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Share market update: Metal shares decline; Vedanta dips nearly 2%
NEW DELHI: Metal stocks were trading with losses in Monday's session, keeping their sectoral index on NSE in the negative zone.

Shares of Vedanta (down 1.82 per cent) , Welspun Corp (down 1.67 per cent) , National Aluminium Company (down 1.28 per cent) and Jindal Stainless (Hisar) (down 0.99 per cent) were the top losers in the index.

Hindustan

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Share market update: Auto shares in the red; MSI down over 3%
NEW DELHI: Auto shares were trading in the red in Monday's morning session.

Shares of Maruti Suzuki India (down 3.61 per cent) , Motherson Sumi Systems (down 1.88 per cent) , Ashok Leyland (down 1.70 per cent) and Apollo Tyres (down 1.69 per cent) were trading with losses.

Bharat Forge (down 1.36 per cent) , Hero MotoCorp (down 1.02 per cent) ,

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Optimism over trade, Brexit boost European shares; UBS, Swedbank fall
LONDON: European shares rose on Friday breaching a five-month high hit a day earlier as investors cheered positive signals over US-China trade talks and after UK lawmakers voted to delay a potentially chaotic exit from the European Union.

The pan-European STOXX 600 was up 0.1 per cent at 0826 GMT, piercing the Oct. 5 high set on Thursday and on

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Share market update: Realty shares advance; Prestige Estates surges 9%
NEW DELHI: Realty shares were trading higher in Monday's morning session.

Shares of Prestige Estates Projects (up 9 per cent), Godrej Properties (up 2.37 per cent), Sobha (up 2.13 per cent) and Indiabulls Real Estate (up 1.29 per cent) were the top performers in the index.

Oberoi Realty (up 0.67 per cent), Phoenix Mills (up 0.63 per cent) and

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Sterlite Tech, PTL Enterprises among top losers on BSE
NEW DELHI: The domestic equity benchmark BSE Sensex was trading 288.57 points up at 38,312.89 on Monday on account of buying in frontline bluechip counters.

Shares of Pro Fin Capital Services (down 19.99 per cent), Kamadgiri Fashion (down 16.13 per cent), Rathi Bars (down 10.49 per cent), Hindusthan Urban Infrastructure (down 10.22 per cent),

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This sector survives over-supply, disruptions to turn hospitable for stock investors
For almost a decade, this industry was stuck in a rut due to over-supply, disruptions due to technological innovations and also demand slowdown due to macro issues.

For once, the Indian hotel industry appears to be out of the woods finally: demand is back, average room rates are rising and analysts are betting on these stocks to deliver good

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Why our fund managers would never own up to an error like Buffett did on Kraft Heinz
By Saurabh MukherjeaMost of us spend our lives seeking approval of others. A few people, however, have the courage to do things which they know will invite criticism. This rare characteristic – which is often the hallmark of successful investors – seems to be dependent on how we structure our relationships.

“Freedom is being disliked by other p

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Sensex jumps 300 points, Nifty tops 11,500 on hopes of dovish US Fed
NEW DELHI: Domestic equity benchmarks Sensex and Nifty registered a gap-up start to Monday's session on hopes that the US Fed will sound dovish in its policy meet next week.

A fall in India's trade deficit print to a 17-month low in February, on a sharp decline in import of oil, gold and electronics, was seen as a major positive by investors.

Besi

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Share market update: Sugar stocks mixed; Dhampure Specialty Sugars advances nearly 5%
NEW DELHI: Sugar stocks were trading on a mixed note in Friday's afternoon session.

Sir Shadi Lal Enterprises (up 4.97 per cent) , Dhampure Specialty Sugars (up 4.83 per cent) , MAGADHSUGAR (up 4.64 per cent), Kesar Enterprise (up 4.58 per cent) and K.M.Sugar Mills (up 4.56 per cent) surged up to 5 per cent.

Empee Sugars - Chemicals (down 4.80

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Share market update: Pharma shares dip; Lupin slips nearly 4%
NEW DELHI: Pharma shares were trading with losses in Monday's morning session.

Shares of Lupin (down 3.75 per cent) , Cadila Healthcare (down 1.01 per cent) , Sun Pharmaceutical Industries (down 0.30 per cent) and Dr. Reddy's Laboratories (down 0.28 per cent) were the worst performers in the index.

Aurobindo Pharma (down 0.14 per cent) , Glenmark

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Prestige Estates,Bombay Dyeing among top gainers on BSE
NEW DELHI: The domestic equity benchmark BSE Sensex was trading 334.99 points up at 38,359.31 on account of buying in frontline bluechip counters.

Shares of Stellar Capital Services (up 20 per cent), Landmark Properties (up 19.22 per cent) , SSPDL (up 17.89 per cent) , Garnet International (up 17.42 per cent) , Shetron (up 14.96 per cent) , Prajay

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Share market update: Nifty Financial Services index rises; REC climbs over 3%
NEW DELHI: The Nifty Financial Services index was trading higher with most of its components were trading in the positive zone.

Shares of Kotak Mahindra Bank (up 5.01 per cent), REC (up 3.45 per cent), Cholamandalam Investment - Finance Company (up 2.60 per cent) and ICICI Bank (up 2.10 per cent) were the top gainers in the index.

State Bank

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