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Fed's Kaplan says patience on rates could last several months
The Federal Reserve should leave interest rates where they are until the US economic outlook is clearer, Dallas Fed President Robert Kaplan has said, a process that in his view could take several more months.

"I believe it would be prudent for the Fed to exercise patience and refrain from taking further action on the federal funds rate until the

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Titan Company shares at new high; should you buy
Shares of Titan Company hit a fresh all-time high of Rs 1044.30 in early trade on Monday after the company reported a 45.97 per cent rise in consolidated net profit to Rs 411.09 crore for the third quarter ended December 2018 on Friday.

It had had posted a net profit of Rs 281.61 crore in the corresponding period last fiscal.

The scrip gained as

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Talking stock: Cyient and Mphasis likely to outperform Hexaware
G.ChokkalingamFounder, Equinomics Research - AdvisoryI am holding 6,350 shares of HexawareTech for the past five years. I want to continue to hold another five years.Will you please advise -DLVARTAKI believe that Cyient or Mphasis can outperform Hexaware in the next five years considering their current valuations and business performance in
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Time for RBI to lower rates, says Modi advisor
By Vrishti Beniwal

India is calling on its central bank to cut interest rates to fire up the economy, after the Interim Budget announced steps to spur consumption.

The Reserve Bank of India will “hopefully” reduce policy rates by a quarter percentage point and switch to a neutral stance, Rajiv Kumar, Vice-Chairman of think-tank NITI Aayog, said in

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TechM, HUL, Ultratech among 7 stocks that analysts say will deliver gains in 3 weeks
NEW DELHI: The domestic equity market suffered sharp losses in morning trade on Monday, as the euphoria over Fed pause and Budget booster fizzled out and investors embarked on a selling spree amid poor health of the rupee, which fell nearly 48 paise against the US dollar this morning.

In the absence of fresh directional cues, the market moved

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DHFL trouble could further impact debt MF flows: CS
MUMBAI: Credit Suisse believes that debt mutual funds could see a second wave of risk aversion in three months and volatility in flows because of their exposure to Dewan Housing Finance (DHFL), the home financier whose stock has plunged recently.

A Credit Suisse report said that DHFL is among the largest borrowers from mutual funds and the

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Share market update: Over 340 stocks hit 52-week lows on NSE
NEW DELHI: Around 341 stocks fell to touch their 52-week lows on NSE in Wednesday's morning session.

Among the stocks that touched their 52-week lows were Alicon Castalloy, Alkali Metals, Arvind, Balkrishna Industries, Bharat Dynamics and LT Foods. Dilip Buildcon, Dena Bank, Prataap Snacks, Greenlam Industries, Hindustan Aeronautics and IDBI Bank

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Stock market update: Metal stocks lose shine; Nifty Metal top sectoral loser
NEW DELHI: Most metal and mining stocks were incurring losses in Monday's session, keeping their sectoral index on NSE in the negative zone.

The Nifty Metal pack was trading as the top loser among the sectoral index in morning trade.

The index was trading 1.78 per cent down at 2,766 around 10:40, with shares of Tata Steel (down 3.50 per cent),

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Bank NPA additions on a downward spiral
MUMBAI: Almost a year after Reserve Bank of India (RBI) asked banks to move to a stricter non-performing asset (NPA) recognition regime, there are clear signs of a moderation in fresh NPA additions, with many large banks reporting a fall in this number every quarter so far this fiscal.

New additions to NPAs for State Bank of India (SBI), ICICI

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Share market update: IT shares gain; Tech Mahindra jumps over 6%
NEW DELHI: IT shares were trading in the positive zone in Wednesday's morning session.

Shares of Tech Mahindra (up 6.13 per cent) , Infibeam Avenues (up 1.67 per cent) , MindTree (up 1.42 per cent) and Wipro (up 0.99 per cent) were the top performers in the index.

Tata Consultancy Services (up 0.84 per cent) , HCL Technologies (up 0.76 per cent)

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What are call put options
Along with technical analysis — reading of price graphs—options on stocks and indices help you determine key supports and resistances for an underlying asset.

ET helps you navigate the basics.

1. What are optionsAn instrument that derives its value from an underlying stock or index in this case. They are of two types calls and puts.

2. What are

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Brokerages see big boost for consumption, no rate hike
Brokerages see consumption, two-wheelers and real estate sector companies as the biggest beneficiaries of the interim budget. Many deemed the government’s revenue target as ambitious. The government announced rural income distribution scheme for farmers and proposed to give rebates in income tax to individuals with income below Rs 5 lakh. Given t
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Jubilant FoodWorks slips despite promoters backtracking on royalty decision
NEW DELHI: Shares of Jubilant FoodWorks slipped over 1 per cent on Wednesday morning after the promoters of the company withdrew their decisions to pay royalty to the Bhartia family effective FY20.

Promoters of food service major Jubilant FoodWorks and pharma major Jubilant Life Sciences had initially said that they would pay a royalty of 0.5 per

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Chinaservices sector continues to sizzle
China’s sprawling services sector maintained a solid pace of expansion in January even though growth moderated slightly, a private survey showed on Sunday, offering continued support for the world’s second-largest economy as manufacturing cools.

The Caixin/Markit services purchasing managers’ index (PMI) fell slightly to 53.6 in January from 53.9 i

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Interim Budget: An expression of values
By Rashesh Shah

It is often said that a budget is not just a collection of numbers, but an expression of our values and aspirations.

The interim budget for 2019-20 is impressive for its fine balance between short-term priorities and the long-term vision. There is something for all; small and marginal farmers, the middle-class tax payer, senior

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Share market update: PSU Bank shares dip; IDBI Bank falls nearly 6%
NEW DELHI: Shares of PSU banks were trading in the negative zone in Wednesday's morning session.

Shares of IDBI Bank (down 5.95 per cent), Oriental Bank of Commerce (down 2.98 per cent ), Bank of India (down 2.69 per cent ) and Indian Bank (down 2.10 per cent) were the worst performers in the index.

Central Bank of India (down 1.71 per cent),

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Expert Take: FMCG, consumption, and IT sectors look good
Vipin KhareDirector- Research, William O’Neil India

Where we are: During the week, the Nifty50 breached its 50-DMA, but was able to retake it on Thursday. On the budget day, it retook its 200-DMA and closed above it, while the Nifty500 closed marginally above its 50-DMA. Midcap and smallcap indices are trading below their key support levels. On

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The central bank might signal the beginning of a benign interest rate cycle by changing its policy stance to ‘neutral’ at this week’s meeting, although budget incentives seeking to boost consumption may prompt the panel members setting the cost of funds to delay the cuts until the next review.

About a third of the 25 participants in the exclusive

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Nifty scales Mt 11,000: But just 15 stocks taking Nifty higher in 2019Nifty scales Mt 11,000: But just 15 stocks taking Nifty higher in 2019Nifty scales Mt 11,000: But just 15 stocks taking Nifty higher in 2019
Nifty scales Mt 11,000: But just 15 stocks taking Nifty higher in 2019
Buying is select heavyweight counters continues to provide oxygen to the benchmark equity indices on Dalal Street. As a result, Nifty50 on Wednesday hit the psychologically important 11,000 mark for the first time since October 2018.

The 15 Nifty components that have moved higher so far in 2019 include Axis Bank, which has rallied the most at 17

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View: Auto and metal correction seem to be ending
By Sameet ChavanWhere we are: We had a nervous start to the week which was in continuation of the previous week’s corrective mode. During the first half, there were several stocks that took it on the chin mainly on the back of some negative news flow or poor set of quarterly numbers. However, the last couple of days turned out to be a savior for o
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NEW DELHI: Nifty futures on the Singapore Exchange were trading 21.20 points, or 0.20 per cent, lower at 10,890, indicating a negative start for the Nifty50. Here are a few stocks which may buzz the most in today's trade: IDBI Bank, GSK Pharma: Lakshmi Vilas Bank: SPARC, Whirlpool of India, IRB Infra, Aban Offshore, Aditya Birla Fashion, Godrej
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Share market update: Auto shares in the red; Apollo Tyres slips 3%
NEW DELHI: Most auto shares were trading in the red in Wednesday's morning session.

Shares of Apollo Tyres (down 3.28 per cent), Bharat Forge (down 1.81 per cent), Tata Motors (down 1.48 per cent) and Tata Motors (DVR) (down 1.43 per cent) were the top losers in the index.

Exide Industries (down 1.32 per cent), Ashok Leyland (down 1.28 per cent)

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Xelpmoc Design makes tepid debut, lists at 15% discount to issue price
NEW DELHI: Xelpmoc Design and Tech, a professional and technical consulting services company, made a tepid market debut, as the scrip got listed at Rs 56 on BSE, down 15.15 per cent over its issue price of Rs 66.

On NSE, the scrip opened at Rs 57, down 13.64 per cent over the issue price.

This is the first main-board IPO for the year.

The public

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Good morning! Here’s a lowdown on top macro triggers that may move market on February 4, 2019. This report was compiled from agency feeds.

10 crore farmers to get Rs 2,000 by March-end The government will pay 100 million farmers Rs 2,000 each by the end of March and will be able to swiftly transfer subsequent instalments under the Pradhan Mantri

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DHFL jumps 5% on news of plan to rope in strategic partner
Shares of DHFL wiped out early losses and jumped up over 5 per cent in Monday’s trade after the company said the promoters intend to sell a stake and rope in a strategic partner.

Following the announcement, the stock climbed 5.11 per cent to hit a high of Rs 117.15 pm on BSE. The scrip had fallen to a five-year low of Rs 97 earlier in the session.

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RCom dives 50% as telecom operator approaches NCLT
MUMBAI: Shares in Reliance Communications fell sharply by over 50 per cent on Monday as the company said it will move the insolvency tribunal for bankruptcy protection.

The move, the telco said, will help it sell assets in a time-bound manner, having failed to do so in the past 18 months.

The RCom stock was down by more than 50 per cent at one

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Stocks to look at after the interim Budget
Consumption, two-wheeler and real estate stocks are likely to be high on investors’ radar on Dalal Street in the near term as the interim budget on Friday provided an impetus to the rural sector and as well as the middle class. The government announced a Rs 75,000-crore income support package for farmers and raised zero income tax level to Rs 5 l
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Fed's Kashkari: Rate hike pause keeps US growth on track
The Federal Reserve's decision to stop raising interest rates puts a "fundamentally healthy" US economy on track to further growth, Minneapolis Federal Reserve Bank President Neel Kashkari suggested on Sunday.

"I think we still have room to run in the US economy," Kashkari said at a town hall at a church in Long Lake, Minnesota.

"The US economy is

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Sensex drops 150 points, Nifty tests 10,850; bank stocks crack
NEW DELHI: Equity benchmarks Sensex and Nifty opened in the negative territory on Monday, breaking the winning momentum of last two consecutive sessions, as a fresh spell of selling emerged in bank stocks.

China market was closed and will remain so all week for Lunar New Year. Other Asian peers logged gains but dollar's rise against its peers

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Asia stocks quiet, dollar supported after upbeat US jobs data
TOKYO: Asia stocks were barely moved on Monday, staying near a four-month high after Wall Street's tepid pre-weekend performance, while the dollar was supported against the yen following strong US jobs and manufacturing data.

MSCI's broadest index of Asia-Pacific shares outside Japan was basically unchanged, capped below the four-month peak scaled

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