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Stocks gain weight on Day 4 on rupee clout
NEW DELHI: Stocks changed their mind many a time today, but in the end both benchmarks Sensex and Nifty rose for Day 4 as they took comfort from a rising rupee.

However, the upside was capped as global markets just didn't play the ball.

There was no change in script by FIIs as they pushed ahead with more buying.

The broader NSE Nifty ended flat

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Buy Tata Elxsi, target Rs 970: Dr CK Narayan
Dr CK Narayan of Chart Advise has a buy call on Tata Elxsi Ltd. with a target price of Rs 970. The current market price of Tata Elxsi Ltd. is Rs 950.8 Time period given by analyst is Intra Day when Tata Elxsi Ltd. price can reach defined target. Dr CK Narayan recommended to keep stoploss at Rs 940. Tata Elxsi Ltd., incorporated in 1989, is a
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Wipro shares climb over 4% as stock goes ex-bonus
NEW DELHI: Wipro shares advanced as much as 4.65 per cent in early trade on Wednesday after the scrip turned ex-bonus in the ratio of 1:3.

The scrip hit a high of Rs 285.40 in the early session, up more than 4 per cent.

Wipro in February received approval from the majority of its shareholders for the issue of bonus shares and increase in

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Morgan Stanley sees Sensex at 42,000 by Dec
Mumbai: Morgan Stanley’s Ridham Desai has predicted Sensex at 42,000 by December end as his base case scenario to which he attaches 50 per cent probability, implying a 14.4 per cent return from the current levels.

“The market could start pricing in a stronger election outcome in the coming weeks causing Nifty to break its four-month range to the u

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Traders take a fancy to weekly options, switch to shorter bets
The newly-launched Nifty weekly options are fast gaining popularity among traders, who are shifting a portion of their bets from contracts that expire every month to these shorter-term options.

The Nifty weekly contract expiring on Thursday has total put open interest of 1.50 crore shares while total call open interest is of 78 lakh shares, said

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Sensex climbs 150 points, Nifty reclaims 11,000; Wipro jumps 4%
NEW DELHI: Headline equity indices Sensex and Nifty started Wednesday's session on a positive note as investor sentiment got a boost from the further decline in crude oil prices.

Crude oil prices came under pressure after data showed a larger-than-expected increase in the US crude stockpiles.

Moreover, analysts say that improved prospects for

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ArcelorMittal announces pricing of $750 million bond issue
ArcelorMittal has said it has completed the pricing of its bond issue that will be used for repayment of existing debt including $1-billion outstanding under a $7-billion term facility it recently entered into for acquisition of Essar Steel through a joint venture with Nippon Steel Sumitomo Metal Corporation (NSSMC). The company had on Wednesday
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Buy Jubilant Foodworks, target Rs 1,360: Dr CK Narayan
Dr CK Narayan of Chart Advise has a buy call on Jubilant Foodworks Ltd. with a target price of Rs 1360. The current market price of Jubilant Foodworks Ltd. is Rs 1327.9. Time period given by the analyst is Intra Day when Jubilant Foodworks Ltd. price can reach the defined target. Dr CK Narayan recommended to keep stoploss at Rs 1325. Jubilant
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Blackstone to forge Rs 4,200 crore co from Sona BLW, Comstar
New Delhi: Blackstone, the world’s largest private equity fund, is set to merge Sunjay Kapur-led Sona BLW Precision Forging with Comstar Automotive Technologies to create a Rs 4,200-crore auto components platform, said three people aware of ongoing discussions.

Blackstone will own 62 per cent of the merged company. Kapur will own the rest and will

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Buzzing stocks: Suzlon Energy, Biocon, RIL, DHFL,Endurance Technologies
NEW DELHI: Suzlon Energy with over 0.26 crore shares changing hands was leading among the most traded stocks on NSE on Thursday.

Shares of IDFC First Bank (number of shares traded: 0.14 crore) , JP Power (number of shares traded: 0.08 crore) , A2Z Infra Engineering (number of shares traded: 0.07 crore) , DHFL (number of shares traded: 0.06 crore)

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'BUY' or 'SELL' ideas from experts for Thursday 7 March 2019
NEW DELHI: Domestic equity market is likely to open lower on Thursday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.

At 8:28 am the SGX Nifty was 11 points or 0.10 per cent down at 11,086.

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

Manas Jaiswal of

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Arbitration Charge: NTPC to explore ‘statutory remedies&
Kolkata: Energy major NTPC has decided to explore “statutory remedies” relating to a Rs 2,015-crore arbitration charge slapped on it in a fuel-supply dispute against Jindal ITF (JITF). The charge, believed to be one of the largest-ever infrastructure arbitration awards, pertains to a dispute over transhipment of coal from the high seas for NTPC’s F
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Women investors don&t need gimmicks
At Value Research, we receive thousands of questions every year on our website where visitors ask us for investment advice. While I’m not sure how many are from women, from a rough idea derived from names, it would look like less than one percent. While this is obviously very low, there’s actually another, deeper problem. Of the total visitors to V
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Indian companies have improved their creditworthiness in the past one year going by a credit rating company’s CARE rating’s metric – Debt Quality Index (CDQI) as it is known in market parlance. The CARE gauge denotes the quality of debt that can be interpreted over time and juxtaposed with other developments in the financial sector.

The CDQI

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View: Time to nibble on mid and smallcaps
By Umang PapnejaThe simple answer to “When to invest” is “Now”. However, the answer to “Where to invest” is a lot more complicated. The recent risk aversion in the credit space and the sell-off in the mid- - small-cap space have thrown up some interesting opportunities. We believe it is a good time to start looking at some allocations in the
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Buy Dalmia Bharat Sugar and Industries, target Rs 138: Kunal Bothra
Independent analyst Kunal Bothra has a buy call on Dalmia Bharat Sugar and Industries Ltd. with a target price of Rs 138. The current market price of Dalmia Bharat Sugar and Industries Ltd. is Rs 131.35. Time period given by the analyst is Intra Day when Dalmia Bharat Sugar and Industries Ltd. price can reach the defined target. Kunal Bothra
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Abakkus Growth Fund -1 buys 1.2% in Lux Industries
MUMBAI: Investor Sunil Singhania’s Abakkus Growth Fund - 1 bought 3 lakh shares of knitwear manufacturer Lux Industries on Wednesday, NSE bulk deal data showed. The fund bought the shares, amounting to 1.2 per cent stake, at Rs 1,228.04 apiece. The data separately showed that Monet Securities sold 2.5 lakh shares at Rs 1,230.08 apiece. Shares of
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Buy Ashok Leyland, target Rs 98: Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a buy call on Ashok Leyland Ltd. with a target price of Rs 98. The current market price of Ashok Leyland Ltd. is Rs 90.65. The time period given by the analyst is Intra Day when Ashok Leyland Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss at Rs 87.

Ashok Leyland Ltd.,

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Buy Tata Elxsi, target Rs 1,000: Kunal Bothra
Independent analyst Kunal Bothra has a buy call on Tata Elxsi Ltd. with a target price of Rs 1,000. The current market price of Tata Elxsi Ltd. is Rs 950.8. Time period given by the analyst is Intra Day when Tata Elxsi Ltd. price can reach the defined target. Kunal Bothra recommended to keep stoploss at Rs 925 Tata Elxsi Ltd., incorporated in
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NEW DELHI: Nifty futures on the Singapore Exchange were trading 3.5 points, or 0.03 per cent, lower at 11,093.50, indicating a flat start for the Nifty50. Here are a few stocks which may buzz the most in today’s trade:

Endurance Technologies: The two-day offer for sale (OFS) by Endurance Technologies has witnessed a good response from non-retail

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ET Intelligence Group: Shares of state-owned steel producer SAIL surged 15 per cent in the past three trading sessions, given its 15-year low valuations and captive iron ore mines, with investors becoming bullish about the prospects of the primary infrastructure alloy.

International steel prices have risen 15 per cent since January on the back of

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Edelweiss stock up 6% after deal with CDPQ
Mumbai: Edelweiss Financials’ stock surged 6 per cent a day after its NBFC arm ECL Finance signed a $250 million convertible equity deal with Canadian fund managers CDPQ in the first equity deal done by an NBFC since the September slowdown. Edelweiss Financials shares closed at Rs 64.5 on the BSE on Wednesday.

Investment by CDPQ (Caisse de dépôt e

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Foreign portfolio investors (FPIs) bought Rs 1,130.78 crore worth of domestic stocks on Wednesday.

ETMarkets.com|

Updated: Mar 07, 2019, 08.55 AM IST

stock-market-5---GettyThe Supreme Court has dealt a blow to companies which cut dubious deals with shell firms to launder money and escape tax.
NEW DELHI: Asian markets were mixed this morning, and this may cause domestic
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RBI fines 10 banks for SWIFT non-compliance
Mumbai: Ten banks have been fined by the RBI for delays in compliance with directions related to global messaging software SWIFT.

On Tuesday, Yes Bank, ICICI Bank and Allahabad Bank, in separate releases said they have been fined by the regulator for non-compliance of directions. RBI imposed a Rs 2-crore fine on Allahabad Bank for non-compliance

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Buy Colgate-Palmolive (India), target Rs 1305: Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a buy call on Colgate-Palmolive (India) Ltd. with a target price of Rs 1305.0 . The current market price of Colgate-Palmolive (India) Ltd. is Rs 1273.95 Time period given by the analyst is Intra Day when Colgate-Palmolive (India) Ltd. price can reach the defined target. Manas Jaiswal recommended to keep
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DHFL zooms 20% after auditor report on Cobrapost allegations
NEW DELHI: Shares of DHFL rallied 20 per cent in Wednesday’s trade after the NBFC told exchanges that an independent accountancy firm TP Ostwal - Associates found little substance in Cobrapost allegations.

The auditor concluded that DHFL has not promoted any of the alleged 26 ‘shell’ companies that borrowed a toal of Rs 11,522 crore from the fi

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Buy Equitas Holdings, target Rs 140: Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a buy call on Equitas Holdings Ltd. with a target price of Rs 140. The current market price of Equitas Holdings Ltd. is Rs 128.3. Time period given by the analyst is Intra Day when Equitas Holdings Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss at Rs 122

Equitas Holdings

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Buy InterGlobe Aviation, target Rs 1,290: Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a buy call on InterGlobe Aviation Ltd. with a target price of Rs 1290. The current market price of InterGlobe Aviation Ltd. is Rs 1228.75. Time period given by the analyst is Intra Day when InterGlobe Aviation Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss at Rs 1200.
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Cigarette price hikes key to ITC stock performance: Morgan Stanley
Morgan Stanley sees shares of ITC trending higher from current levels as visibility for cigarette EBIT growth in FY20 improves.

Media reports suggest that ITC has raised prices for three of its brands -Bristol, Flake Excel - Capstan by 6.7 per cent, 11 per cent and 14.5 per cent, respectively. The firm has retained overweight rating on the

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Buy Can Fin Homes, target Rs 310.: Kunal Bothra
Independent analyst Kunal Bothra has a buy call on Can Fin Homes Ltd. with a target price of Rs 310. The current market price of Can Fin Homes Ltd. is Rs 293.3. Time period given by the analyst is Intra Day when Can Fin Homes Ltd. price can reach the defined target. Kunal Bothra recommended to keep stoploss at Rs 285.

Can Fin Homes Ltd.,

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