Buzzing stocks: YES Bank, TCS, RIL, Punj Lloyd, Unitech
NEW DELHI: Punj Lloyd with over 0.59 crore shares changing hands was leading among the most traded stocks on NSE on Wednesday.

Shares of Gammon Infra (number of shares traded: 0.35 crore) , Unitech (number of shares traded: 0.15 crore) , Cerebra Integrat (number of shares traded: 0.14 crore) , YES Bank (number of shares traded: 0.08 crore) , Ester

Write comment (94 Comments)
Buy Hindustan Unilever, target Rs 1755: Dr CK Narayan
Dr CK Narayan of Chart Advise has a buy call on Hindustan Unilever Ltd. with a target price of Rs 1755.0 The current market price of Hindustan Unilever Ltd. is Rs 1738.75 Time period given by analyst is Intra Day when Hindustan Unilever Ltd. price can reach the defined target. Dr CK Narayan recommended to keep stoploss at Rs 1720. Hindustan

Write comment (94 Comments)
Tech View: Nifty50 breaks Ending Diagonal pattern, signals more pain
NEW DELHI: Nifty50 fell below the 10,650 mark on Monday, slipping from the 11,000 level in seven days of straight fall. This level was important, as the index had defended it on a closing basis on many occasions since December.

With Monday’s fall, the index has also broken below its multi-week Ending Diagonal Triangle pattern on a closing basis.

Write comment (92 Comments)
Buy Grasim Industries, target Rs 740: Kunal Bothra
Independent analyst Kunal Bothra has a buy call on Grasim Industries Ltd. with a target price of Rs 740. The current market price of Grasim Industries Ltd. is Rs 716.2. Time period given by the analyst is Intra Day when Grasim Industries Ltd. price can reach the defined target. Kunal Bothra recommended to keep stoploss at Rs 710. Grasim Industries

Write comment (90 Comments)
Trade setup: Nifty50 may stage a pullback, must stay above 10,620
Investors continued to remain cautious as NSE benchmark Nifty settled lower for the seventh session in a row. Despite a stable start, the index remained under pressure and remained in a falling trajectory for the most past of the session, with a few feeble attempts to bounce back. Though the market breadth remained negative, it was relatively

Write comment (93 Comments)
After Market: ADAG, DHFL shares rise; 250 stocks hit lower circuits
NEW DELHI: Marking its longest losing streak since August 2013, domestic equity barometer Sensex fell for the eighth consecutive session on Monday on unabated selling across sectors.

Sensex has decline 4 per cent in last eight sessions. In a similar fall over eight sessions in July-August, the index had come down 5.60 per cent.

Most sectors fell

Write comment (92 Comments)
Buy Tata Consultancy Services, target Rs 1,950 : Kunal Bothra
Independent analyst Kunal Bothra has a buy call on Tata Consultancy Services Ltd. with a target price of Rs 1950. The current market price of Tata Consultancy Services Ltd. is Rs 1904.85. Time period given by the analyst is Intra Day when Tata Consultancy Services Ltd. price can reach the defined target. Kunal Bothra recommended to keep stoploss

Write comment (90 Comments)
Grasim to acquire chlor-alkali biz of KPR Industries for Rs 253 crore
New Delhi: Aditya Birla Group firm Grasim Industries Monday said it has inked a pact to acquire chlor-alkali business of KPR Industries by way of a slump sale for a cash consideration of Rs 253 crore.

The company, which has inked a definitive agreement to acquire the business, said the transaction will be funded through internal accruals.

KPR

Write comment (97 Comments)
F O: Options show Nifty50-s trading range shifted to 10,550-10,850 zone
By Chandan Taparia The Nifty50 index opened flat on Monday and remained under pressure throughout the session before settling below the 10,650 mark. It formed an Inside Bar, as it traded in the previous day’s range, but supply pressure was intact at higher levels. As long as it holds below the 10,750 mark, it can slip towards 10,580 and then 1

Write comment (93 Comments)
Mumbai: Andhra Bank plans to sell its 30 per cent stake in IndiaFirst Life Insurance Company in full or in part to raise Rs 900 crore, a person close to the matter said. Existing investor Warburg Pincus is one of the suitors for the stake.

Warburg Pincus had acquired a 26 per cent stake in IndiaFirst Life Insurance from UK-based Legal -

Write comment (95 Comments)
63 Moons to file Rs 10,000 crore suits against P Chidambaram, 2 others
New Delhi: 63 Moons Technologies Monday said it has served legal notices to Congress leader P Chidambaram and two civil servants informing them of the company's intention to move court to seek damages worth Rs 10,000 crore in connection with the NSEL scam.

Formerly known as Financial Technologies Ltd (FTIL), 63 Moons and some of its former

Write comment (97 Comments)
Sensex plunges 311 pts on oil, rupee sting
NEW DELHI: Rising crude oil prices came back to haunt Dalal Street as stock benchmarks Sensex and Nifty declined on Monday.

Investors shrugged off positive global sentiment as optimism on expectations of a trade resolution between the US and China was offset by the rising oil price. The trade talks shift to the US this week.

The domestic currency

Write comment (92 Comments)
Sell Bharat Financial Inclusion, target Rs 885: Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a sell call on Bharat Financial Inclusion Ltd. with a target price of Rs 885.0 . The current market price of Bharat Financial Inclusion Ltd. is Rs 925.05. Time period given by the analyst is Intra Day when Bharat Financial Inclusion Ltd. price can reach the defined target. Manas Jaiswal recommended to keep

Write comment (91 Comments)
Bad loan manager Fire to boost assets as it considers IPO: CEO
MILAN: Italian bad loan investor Fire is looking to add 1 billion euros ($1.1 billion) in assets under management this year as it works towards an eventual stock market listing, its chief executive said.

Italian banks' efforts to cut a bad loan pile that peaked at 360 billion euros after a recession turned Italy into Europe's biggest market for

Write comment (96 Comments)
India needs fewer and mega banks: Arun Jaitley
Finance Minister Arun Jaitley on Monday said India needs fewer and mega banks to achieve economies of scale in the sector.

After the amalgamation of five associates and Bharatiya Mahila Bank with SBI in 2017, the government earlier this year approved the merger of Dena Bank and Vijaya Bank with Bank of Baroda.

"With the experience in the past

Write comment (96 Comments)
Sell Wipro, target Rs 350: Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a sell call on Wipro Ltd. with a target price of Rs 350. The current market price of Wipro Ltd. is Rs 366.05. Time period given by the analyst is Intra Day when Wipro Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss at Rs 371. Wipro Ltd., incorporated in 1945, is a largecap

Write comment (95 Comments)

The BSE barometer Sensex tanked 311 points, or 0.87 per cent, to 35,498.

ETMarkets.com|

Updated: Feb 18, 2019, 09.27 PM IST

Stock16-Getty-1200The NSE Nifty settled lower by 0.78 per cent, or 83 points, at 10,641.
NEW DELHI: Investors on Monday shrugged off positive global sentiment as optimism on expectations of a trade resolution between the US and China was offset by

Write comment (90 Comments)
European stocks at four-month highs as trade talks progress
LONDON: Fresh from touching their highest level in four months on Friday, European stocks rose further in early deals on Monday as investors bet more progress would be made in US-China trade talks continuing in Washington this week.

Financials were the biggest boost to the STOXX 600 as optimism over a potential trade war resolution took hold.

The

Write comment (95 Comments)
Global debt levels may soon explode with China leading the way
Global debt is at elevated levels, but isn’t high enough to draw comparisons with the 2008 financial crisis just yet.

Risky corporate debt, particularly in the form of leveraged loans, has been on the rise for a number of years, with analysts suggesting the recent build up could be a significant risk to global GDP growth.

Since 2015, world private

Write comment (98 Comments)
Sensex logs longest losing spree in over 5 years, but these stocks rally up to 50%
Looming concerns over geopolitical tensions between India and Pakistan and rising crude oil prices dragged benchmark BSE Sensex lower for the eighth straight session on Monday, its longest losing streak since August 2013.

As a result, the market capitalisation of the BSE-listed firms declined by Rs 5.69 lakh crore to Rs 136.31 lakh c rore on

Write comment (93 Comments)
Top intraday trading ideas for afternoon trade for Monday 18 February 2019
NEW DELHI: Equity benchmarks Sensex and Nifty50 were trading lower on account of selling in frontline bluechip counters in Monday'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.comPidilite is a 'Sell' call with a target

Write comment (91 Comments)
'BUY' or 'SELL' ideas from experts for Wednesday 20 February 2019
NEW DELHI: Domestic equity market is likely to open higher on Wednesday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.

At 8:29 am the SGX Nifty was 55 points or 0.52 per cent up at 10,668.50.

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

Manas Jaiswal of

Write comment (92 Comments)
By Anirban Nag and Vrishti BeniwalIndia’s central bank approved an early transfer of a part of its profit to the government, which is desperate for cash to fund populist pledges ahead of a national election.

The Reserve Bank of India’s board, approved 280 billion rupees ($4 billion) as interim dividend, according to a statement. This is the

Write comment (90 Comments)
Share market update: 254 stocks hit 52-week lows on NSE
NEW DELHI: Around 254 stocks fell to touch their 52-week lows on NSE in Monday's afternoon session.

Among the stocks that touched their 52-week lows were Amber Enterprises, Apollo Micro Systems, Aries Agro, Arvind, Ashok Leyland and Bharat Rasayan.

CESC Ventures, Cochin Shipyard, LT Foods, Prataap Snacks and Essar Shipping also featured among the

Write comment (100 Comments)
Sell Tata Motors, target Rs 158: Dr CK Narayan
Dr CK Narayan of Chart Advise has a sell call on Tata Motors Ltd. with a target price of Rs 158. The current market price of Tata Motors Ltd. is Rs 163.5. Time period given by the analyst is Intra Day when Tata Motors Ltd. price can reach defined target. Dr CK Narayan recommended to keep stoploss at Rs 167. Tata Motors, incorporated in 1945, is a

Write comment (94 Comments)
Infosys settles case with Sebi, pays Rs 34 lakh
New Delhi: IT major Infosys has settled with Sebi a case of alleged disclosure lapses regarding severance payment made to its former chief financial officer Rajiv Bansal.

The company paid Rs 34.35 lakh to settle the case with the markets regulator, according to an order.

The watchdog had issued a notice seeking to initiate adjudication proceedings

Write comment (99 Comments)
NEW DELHI: Shares of YES Bank dropped over 8 per cent after the Reserve Bank of India (RBI) warned the lender of regulatory action for disclosure of nil divergence report in violation of the confidentiality clause.

The scrip fell 8.08 per cent to hit a low of Rs 201 on BSE.

Earlier this week, YES Bank had informed stock exchanges that the RBI has

Write comment (97 Comments)
Domestic brokerage Motilal Oswal has increased weightage on Maruti Suzuki India, Axis Bank, LIC Housing Finance and introduced Brigade Enterprises in its model portfolio. The brokerage continues to be bullish on corporate banks, consumer, IT and auto (fourwheelers). Correction in mid-caps offers good opportunity for bottomup idea selection across

Write comment (95 Comments)
NSE pledges support to paramilitary forces
pulwama Attack: NSE pledges support to paramilitary forces - The TheIndianSubcontinent

Never miss a great news story!Get instant notifications from TheIndianSubcontinentAllowNot now

You can switch off notifications anytime using browser settings.

News

DID YOU KNOWUnleash the power of SIP - Invest in Mutual funds

Returns

Write comment (91 Comments)
Share market update: IT shares dip; Infibeam Avenues slips 4%
NEW DELHI: IT shares were trading lower in Monday's morning session.

Shares of Infibeam Avenues (down 4.06 per cent), Oracle Financial Services Software (down 2.69 per cent), Tata Consultancy Services (down 2.13 per cent)and HCL Technologies (down 1.98 per cent) were the worst performers in the index.

Mindtree (down 1.80 per cent), Tata Elxsi (down

Write comment (95 Comments)