Indian assets may take a turn for worse if border conflict deepens
By Kartik GoyalThe spike in tensions between India and Pakistan couldn’t have come at a worse time for assets in the world’s fastest-growing major economy, which is battling headwinds from a rebound in oil prices to the uncertainty surrounding the upcoming elections.

The rupee has gone from being the best-performing Asian currency last quarter to

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Global PEs see 5-year-high growth in 2018 investments to $2.5trillion
Global private equity funds did a record performance in 2018, topping an impressive surge in the value of investments in the past five years to $2.5 trillion. Limited partners (LPs, or investors) remained highly enthusiastic and continued to pump fresh capital into the market, according to the 10th annual Global Private Equity Report by management

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Share market update: OMCs trade in the red; HPCL, IOC among top losers
NEW DELHI: Most OMCs were in the red in Wednesday's afternoon session with its sectoral index on BSE trading lower.

Shares of Hindustan Petroleum Corporation (down 1.90 per cent) , Indian Oil Corporation (down 1.73 per cent) , Bharat Petroleum Corporation (down 1.71 per cent) and Petronet LNG (down 1.08 per cent) were the top losers in the index.

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Share market update: FMCG shares trade higher; GCPL rises 1%
NEW DELHI: FMCG shares were trading higher in Thursday's afternoon session.

Shares of Godrej Consumer Products (up 1.39 per cent), Jubilant Foodworks (up 1.19 per cent), United Breweries (up 1.00 per cent) and United Spirits (up 0.57 per cent) were the top performers in the index.

Hindustan Unilever (up 0.55 per cent), Colgate-Palmolive (India)

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Sensex swings over 600 points on Indo-Pak tension
NEW DELHI: Sensex swung over 600 points in Wednesday's session on signs of escalating tensions between India and Pakistan.

Pakistan Air Force's F-16 that violated Indian air space was shot down in Indian retaliatory fire 3KM within Pakistan territory in Lam valley, Nowshera sector, ANI reported.

From day's high of 36,371.11, Sensex touched

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Tata Steel climbs over 1% after board okays issuance of debt securities
NEW DELHI: Shares of Tata Steel climbed over 1 per cent in morning trade on Wednesday, a day after its board approved the issuance of debt securities worth Rs 5,000 crore.

However, the scrip cooled off and traded almost flat at Rs 504.40 on BSE around 12 pm.

The Tata Steel board on Tuesday had approved the company's decision to issue debt

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RCom down 2% after creditors oppose IT refund use to settle dues
NEW DELHI: Shares of Reliance Communications fell over 2 per cent on Thursday morning after financial creditors opposed the company's plea to release the income tax refunds to clear dues of Ericsson before the National Company Law Appellate Tribunal (NCLAT).

The scrip hovered at Rs 6.35, down 2.31 per cent at around 11:08 am while the benchmark

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Funds infusion into PSBs not enough to support lending growth: Fitch
NEW DELHI: Fitch Ratings on Wednesday said government's $7 billion (around Rs 48,000 crore) funds infusion into public sector banks (PSBs) would not be sufficient to support significantly stronger lending growth.

Fitch estimates that banks will need an additional USD 23 billion (around Rs 1.6 lakh crore) in 2019, after these latest injections, to

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Share market update: FMCG shares trade higher; Godrej Industries rises nearly 2%
NEW DELHI: FMCG shares were trading higher in Wednesday's afternoon session.

Shares of Colgate-Palmolive (India) (up 2 per cent) , Godrej Industries (up 1.85 per cent) , United Spirits (up 1.24 per cent) and Tata Global Beverages (up 1.17 per cent) were the top performers in the index.

Procter - Gamble Hygiene - Healthcare (up 1.03 per

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Top intraday trading ideas for afternoon trade for Thursday 28 February 2019
NEW DELHI: Equity benchmarks Sensex and Nifty50 were trading higher on account of buying in frontline bluechip counters in Thursday'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.comSRF is a 'Buy' call with a target price

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Zerodha faces connectivity issue, orders pile up
NEW DELHI: India's leading retail brokerage Zerodha faced connectivity issue in Wednesday's morning which led to piling up of orders in the system.

As per media reports, Zerodha's co-founder Nikhil Kamath said that the system had connectivity issue in the morning which caused a temporary piling up of orders.

He assured that the issue would be

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Share market update: Bank shares mixed; Axis Bank up over 1%
NEW DELHI: Bank shares were trading on a mixed note in Wednesday's morning session.

Shares of Axis Bank (up 1.59 per cent), State Bank of India (up 1.30 per cent), YES Bank (up 1.22 per cent) and Punjab National Bank (up 0.28 per cent) were the top gainers in the index.

Kotak Mahindra Bank (down 0.92 per cent), IndusInd Bank (down 0.46 per cent),

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Share market update: 21 stocks hit 52-week lows on NSE
NEW DELHI: Around 21 stocks fell to touch their 52-week lows on NSE in Thursday's session.

Among the stocks that touched their 52-week lows were Asian Hotels, Bhartiya International, GTL Infrastructure, JVL Agro Industries and Nila Spaces.

Radha Madhav Corporation, SJVN and JITF Infralogistics also featured among the stocks that touched their

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Zerodha faces connectivity issue, orders pile up
NEW DELHI: India's leading retail brokerage Zerodha faced connectivity issue in Wednesday's morning which led to piling up of orders in the system.

As per media reports, Zerodha's co-founder Nikhil Kamath said that the system had connectivity issue in the morning which caused a temporary piling up of orders.

He assured that the issue would be

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BEML jumps 4% on Bengaluru Metro order win
NEW DELHI: Shares of BEML jumped nearly 4 per cent in morning trade on Wednesday after bagging contract for Bengaluru Metro.

"BEML received a contract for 7 Metro train sets of 6 cars configuration to augment the metro services in Bengaluru valued around Rs 400 crores," the company said in a BSE filing.

BEML manufactures rail coaches and spare

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Don&t expect a big post-poll rally even if Modi returns in 2019: Shankar Sharma
Market veteran Shankar Sharma does not see any substantial bounce in the domestic equity market even if BJP returns to power in the forthcoming general elections.

In last two elections, the market has seen substantial bounce post the election results. In 2014, a change in guard at the Centre triggered a rally across the board, with midcaps and

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Good news! FPIs ignore India-Pak flareup to bet $1 billion on Indian stocks
NEW DELHI: There may have been a major deterioration in geopolitical tensions between India and Pakistan ever since a terrorist attack in Pulwama on CRPF convoy on February 14, but foreign portfolio investors (FPIs) seem unfazed by the brewing tension.

Instead, FPIs seems to be taking cues from dovish comments from the US Fed, which has lowered

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Buy Intellect Design Arena, target Rs 330: Phillip Capital
Phillip Capital (India) has a buy call on Intellect Design Arena with a target price of Rs 330.

The current market price of Intellect Design Arena is Rs 185.60.

Time period given by the brokerage is one year when Intellect Design Arena price can reach the defined target.

Investment rationale by the brokerage:

Strong deal traction over the last 15

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Share market update: Metal shares bullish; NMDC, Vedanta among top gainers
NEW DELHI: Metal stocks were trading with gains in Thursday's session, keeping their sectoral index on NSE in the positive zone.

The Nifty Metal index was trading 0.92 per cent up at 2873.05 around 11:12 am.

Shares of Jindal Stainless (Hisar) (up 2.45 per cent), NMDC (up 1.95 per cent), Vedanta (up 1.82 per cent) and Welspun Corp (up 1.76 per

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You don't need a PhD anymore to read Fed statements
WASHINGTON: The Fed's policy statements grew so complicated after the recession that standard gauges of readability suggested people needed four years of university or more to understand them.

That is changing under the Fed's new leadership, a Reuters analysis has found.

Since Fed Chairman Jerome Powell took the helm in February 2018, statements

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Top intraday trading ideas for afternoon trade for Wednesday 27 February 2019
NEW DELHI: Equity benchmarks Sensex and Nifty50 were trading higher on account of buying in frontline bluechip counters in Wednesday'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.comCadila Healthcare is a 'Buy' call with

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By Robert Burgess

There was a time when a bold call from Goldman Sachs Group moved markets worldwide. Lately, not so much, judging by the action on Wednesday, and that says a lot about where investors’ mindsets are these days.

What’s interesting is that Goldman’s chief economist, Jan Hatzius, came out with a report saying the global economy may

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Sureshot returns! Where you can expect biggest dividends in FY20
NEW DELHI: At a time when the market has turned volatile, companies with strong track records of doling out dividends to investors can be good investment bets.

For FY20 so far, analysts are expecting Nifty50 companies to deliver an aggregate dividend yield of 2.2 per cent. The highest yield is expected from the energy sector at 5.3 per cent and

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By Koel Ghosh

A few years ago, on highlighting the benefits of passive investing or index investing, there was scepticism on its ability to get a foothold in Indian financial markets. How the tides have turned!

Now, not only do we have the sceptics accepting its value, but also propagating the concept. Undoubtedly, India is still largely an active m

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NEW DELHI: Nearly 50 stocks on NSE look set to rally in the coming days even though NSE benchmark Nifty50 has fallen below its crucial 50-day and 200-day averages amid mounting tensions between India and Pakistan.

“We have seen a lot of stock-specific outperformance in last few sessions, suggesting strength in the broader market. While we would r

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Share market update: BSE Power index up; Suzlon Energy jumps nearly 4%
NEW DELHI: The S-P BSE Power index was up with its components trading on a mixed note in Wednesday's afternoon session.

Shares of Suzlon Energy (up 3.92 per cent), KEC International (up 3.55 per cent), Adani Power (up 2.69 per cent) and CG Power and Industrial Solutions (up 1.14 per cent) were trading higher.

Reliance Infrastructure (down

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RBI removes Allahabad Bank, Corporation Bank, Dhanlakshmi Bank from PCA framework
MUMBAI: The Reserve Bank of India (RBI) removed Allahabad Bank, Corporation Bank and Dhanlaxmi Bank out of the prompt corrective action (PCA) framework on Friday, subject to certain conditions and continuous monitoring.

“Allahabad Bank and Corporation Bank be taken out of the PCA Framework subject to certain conditions and continuous monitoring,”

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Share market update: Nifty IT index flat; Infibeam Avenues down 2%
NEW DELHI: IT shares were trading on a mixed note in Thursday's morning session.

Shares of Tata Elxsi (up 1.07 per cent), Tech Mahindra (up 0.63 per cent), Oracle Financial Services Software (up 0.52 per cent) and Infosys (up 0.24 per cent) were trading higher.

Infibeam Avenues (down 2.21 per cent), Mindtree (down 0.52 per cent), HCL Technologies

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Bajaj Auto hits over 5-1/2-month high; chart suggests more upside
Shares of Bajaj Auto rose as much as 2.86 per cent to Rs 2,941, its highest since September 10, 2018.

The stock broke above a resistance at Rs 2,874.02, the 38.2 per cent Fibonacci retracement level of the uptrend from April 30, 2015 low to February 2, 2018 high.

The breakout suggests the stock may rise up to the next resistance at Rs 3,101.17 in

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After Market: Jet falls for second day, 96 stocks ready to rise
NEW DELHI: Concerns over escalating tension between India and Pakistan after Air Force conducted aerial strikes on terror camps in POK spooked investors, causing the benchmark indices Sensex and Nifty end in the red.

Market lurched lower sharply in the early trade, but recovered in the afternoon session after Indian government's clarification

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