StockMarket

Buy Bombay Dyeing Manufacturing Company, target Rs 150.: Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a buy call on Bombay Dyeing - Manufacturing Company Ltd. with a target price of Rs 150. The current market price of Bombay Dyeing - Manufacturing Company Ltd. is Rs 129.4. Time period given by the analyst is Intra Day when Bombay Dyeing - Manufacturing Company Ltd. price can reach the defined
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Buy Hindustan Unilever, target Rs 2,000: Reliance Securities
Reliance Securities has a buy call on Hindustan Unilever with a target price of Rs 2,000.

The current market price of Hindustan Unilever is Rs 1,734.10.

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

Investment rationale by the brokerage-Premiumisation - diversification to ensure

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Share market update: Telecom shares rise; Tejas Networks climbs nearly 5%
NEW DELHI: The S-P BSE Telecom index was up in Tuesday's afternoon session with most of its components trading in the green.

Shares of Tejas Networks (up 4.69 per cent), GTL Infrastructure (up 4.08 per cent), Bharti Airtel (up 3.91 per cent) and Himachal Futuristic Communications (up 3.35 per cent) were the top performers in the index.

Sterlit

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Buy JK Tyre Industries, target Rs 104: Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a buy call on JK Tyre - Industries Ltd. with a target price of Rs 104.0 . The current market price of JK Tyre - Industries Ltd. is Rs 96.25 Time period given by the analyst is Intra Day when JK Tyre - Industries Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss at
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F O: Option band suggests Nifty-s trading range at 11,150 to 11,450 levels
By Chandan TapariaThe Nifty50 index opened gapup on Tuesday and witnessed sustain buying interest th roughout the session to head towards the 11,320 level.

The index has managed to cross 11,118 and 11,180 levels in the last two sessions and supports are gradually shifting higher with greater pace of buying momentum.

Nifty also surpassed its

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HDFC Life OFS subscribed 1.83 times on Day 1
NEW DELHI: The two-day offer for sale (OFS) by HDFC Life Insurance Company saw a strong response from non-retail investors on Tuesday, as the issue was subscribed 2.60 times of the base issue and 1.83 times of the total issue on Day 1.

The issue received institutional bids for 16.4 crore shares against the non-retail quota of 8.95 crore shares.

A

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Buy Equitas Holdings, target Rs 142: Kunal Bothra
Independent analyst Kunal Bothra has a buy call on Equitas Holdings Ltd. with a target price of Rs 142. The current market price of Equitas Holdings Ltd. is Rs 134.05 Time period given by the analyst is Intra Day when Equitas Holdings Ltd. price can reach the defined target. Kunal Bothra recommended to keep stoploss at Rs 130. Equitas Holdings
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Buy Sonata Software, target Rs 420: Reliance Securities
Reliance Securities has a buy call on Sonata Software with a target price of Rs 420.

The current market price of Sonata Software is Rs 332.50.

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

Investment rationale by the brokerage-IP-Led revenue: IP-led revenue has been the critical driver for

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Top intraday trading ideas for afternoon trade for Tuesday 12 March 2019
NEW DELHI: Equity benchmarks Sensex and Nifty50 were trading higher in Tuesday'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.comL-T is a 'Buy' call with a target price of Rs 1450 and a stop loss of Rs 1370.

Bata India

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Buy HDFC Bank, target Rs 2,220: Kunal Bothra
HDFC Bank share price: Buy HDFC Bank, target Rs 2,220: Kunal Bothra - The TheIndianSubcontinent

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Market rides pre-poll wave, Sensex surges 482 pts, Nifty tops 11,300
NEW DELHI: Indian shares skyrocketed on Tuesday amid renewed interest among FIIs as expectations ran high that Prime Minister Narendra Modi's party will take power for a second term.

Both Sensex and Nifty repeated yesterday's feat, jumping over 1 per cent each.

Rupee was a big morale booster, which rose to a two-and-a-half-month high.

Overseas,

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Stocks gain more power, Sensex up 450 pts: Factors driving rally
Indian stocks zoomed to a 6-month high on Tuesday as hopes swirled that Prime Minister Narendra Modi will come back to power after the upcoming general elections.

Foreign investors ramped up buying amid strong global cues. Sentiment took on more shine with the rupee breaking new ground.

BSE's Sensex rallied a whopping 424 points, or 1.41 per

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ET Intelligence Group: After 14 years, Britannia is re-entering the benchmark Nifty index end of this month to become the third FMCG company in the index. Incidentally, it will be the lone ‘only foods’ company in the index.

The company’s turnaround under Varun Berry, who was appointed as its head in 2013, ensured that it performed well in its key

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5 Nifty stocks hit all-time highs; herewhat analysts say
NEW DELHI: Bulls continued to have an upper hand on Dalal Street as the NSE benchmark Nifty jumped over 1 per cent for a second straight session on Tuesday.

Out of Nifty pack, five stocks -- Reliance Industries (RIL), ICICI Bank, UPL, Titan Company and Axis Bank -- settled at fresh record highs.

Shares of RIL settled 2.05 per cent higher at Rs

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Bull market has just started; FIIs may pour in Rs 1 lakh cr this year: Porinju
Kochi-based investor Porinju Veliyath remains positive about Indian stock market and the economy. Not without reasons. He believes that bull market has just started in India and Prime Minister Narendra Modi will be back in power for the next five years.

In an exclusive interaction with ETNow, he said some of the reforms like the goods and

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Asian shares drift lower, sterling awaits its fate
SYDNEY: Asian share markets were mostly in the red on Wednesday as a risk-off mood gripped investors, while a frazzled pound awaited its fate ahead of yet another make-or-break parliamentary vote on Brexit.

MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.4 per cent in slow trade and almost every major index in the region nursed

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India, Malaysia stocks lead price valuations in Asia; South Korea, China lag
Shares in India and Malaysia were the most expensive in the Asia-Pacific region in terms of forward price-to-earnings (P/E) ratio, Refinitiv data showed.

A sharp rally this year has lifted Asian stocks' valuations, with the MSCI Asia-Pacific index's forward 12-month P/E touching a four-month high of 12.24 at the end of last month.

While some

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NEW DELHI: A recent opinion poll that predicted NDA retaining power in the upcoming elections has put the bulls in-charge on the Street.

NSE barometer Nifty has broken above its three-month long consolidation range and is eyeing 78.6 per cent retracement of the September-October 2018 decline near 11,400 level.

As such, 20 stocks look poised for a

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The Nifty Bank index, which had been stuck in a narrow trading range for the past 10 weeks, has finally seen a price breakout to hit an all-time high, suggesting that the benchmark is set to climb. Heavyweights HDFC Bank, Kotak Bank, ICICI Bank, and Axis Bank may be at the vanguard of the northward journey for the key gauge.

The index, which

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China stocks climb, economic concerns cap gains
HONG KONG: China stocks ended higher on Tuesday as Beijing and Washington appeared to edge closer to a trade deal, but worries about economic headwinds at home tamed the market's rise.

At the close, the Shanghai Composite index was up 1.1 per cent at 3,060.31 points while the blue-chip CSI300 index was up 0.7 per cent. CSI300's financial sector

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Share market update: Metal shares advance; Welspun Corp jumps nearly 5%
NEW DELHI: Metal stocks were trading with gains in Tuesday's session, keeping their sectoral index on NSE in the positive zone.

Shares of Welspun Corp (up 4.84 per cent) , MOIL (up 2.62 per cent) , Hindalco Industries (up 2.01 per cent) and Hindustan Zinc (up 1.68 per cent) were the top gainers in the index.

Vedanta (up 1.64 per cent) , Hindustan

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Tech View: Nifty50 in overbought zone, but setup remains positive
NEW DELHI: Nifty50 on Tuesday topped the 11,300 level and formed a bullish candle on the daily chart. This was the second straight session when the index had a gap-up start. The NSE barometer made the most of it, as it has now rallied almost 300 points from the Friday’s low of 11,008.95.

The 14-day relative strength index has moved above the 70

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The bulls on Dalal Street have found their mojo back and the NSE Nifty has seen solid gains in the last two sessions. With this move, the index has once again attempted a breakout.

That being said, over the past many weeks, the market breadth was an area of concern. Each upmove had come with a fractured breadth.

For the market to enjoy a secular

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Share market update: Realty shares bullish; Indiabulls Real Estate surges 8%
NEW DELHI: Realty shares were trading higher in Tuesday's morning session.

Shares of Indiabulls Real Estate (up 8.24 per cent), DLF (up 5.00 per cent), Sunteck Realty (up 4.51 per cent) and Brigade Enterprises (up 3.14 per cent) were trading with gains.

Sobha (up 2.17 per cent), Oberoi Realty (up 2.10 per cent), Prestige Estates Projects (up 2.07

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After Market: Nifty Bank at record high, 254 stocks scale upper circuits
NEW DELHI: Risk appetite of investors went up by a few notches on Tuesday who appear to be super bullish in the run-up to the general elections in April-May.

FPIs' renewed buying, strong overseas cues, rupee's strength against the dollar, and improved prospects of a stable Narendra Modi-led government after the elections made sure the bulls stuck

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Bank of India raises Rs 660 cr via share sale to employees
NEW DELHI: State-owned Bank of India (BoI) on Tuesday said it has raised Rs 660.80 crore by issuing shares to employees under Employee Share Purchase Scheme (ESPS).

The bank issued 6,25,52,188 shares of Rs 10 each to eligible employees, BoI said in a statement.

It offered a discount of 24.28 per cent on the applicable price to the employees and

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Share market update: Nifty Pharma index rises; Glenmark Pharma climbs over 3%
NEW DELHI: Pharma shares were up in Tuesday's morning session with their sectoral index trading in the green.

Shares of Glenmark Pharmaceuticals (up 3.67 per cent), Aurobindo Pharma (up 2.61 per cent), Cadila Healthcare (up 2.30 per cent) and Sun Pharmaceutical Industries (up 1.70 per cent) were the top gainers in the index.

Piramal Enterprises

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Kotak Bank proposes to reduce promoter stake to 20% by May 2020
Seeking interim protection by Bombay High Court, counsel of Kotak Mahindra Bank on Tuesday proposed to reduce promoter holdings in the lender to 20 per cent by May 2020, according to a report by ET NOW.

The court today adjourned the Kotak Mahindra Bank vs the Reserve Bank of India case to April 1, 2019.

Kotak Mahindra Bank in December had

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Asia's richest banker Uday Kotak gets richer amid five-year tussle with RBI
By Rahul Satija and Saloni Shukla

Going toe to toe with a powerful regulator isn't normally good for your financial health. But it has proven to be profitable, on paper at least, for India's billionaire banker Uday Kotak.

The founder of Mumbai-based Kotak Mahindra Bank Ltd. has seen his wealth nearly triple since March 2014, when the Reserve Bank

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Share market update: IT shares up; Infibeam Avenues gains over 3%
NEW DELHI: IT shares were trading higher in Tuesday's morning session.

Shares of Infibeam Avenues (up 3.42 per cent), Tata Elxsi (up 1.18 per cent), Wipro (up 1.00 per cent) and Oracle Financial Services Software (up 0.92 per cent) were trading with gains.

HCL Technologies (up 0.85 per cent), NIIT Technologies (up 0.47 per cent) and Tata

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