StockMarket

Sebi proposes easier norms for REITs, InvITs for greater access
NEW DELHI: Sebi has proposed a new set of framework for REITs and InvITs in order to provide flexibility to the issuers in terms of fund raising and increasing the access of these investment vehicles to investors.

Under the proposal, minimum allotment and trading lot for publicly issued REITs (Real Estate Investment Trusts) and InvITs

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Should you buy Axis Bank, HCL Tech, HDFC, Bajaj Finance, Bajaj Finserv post Q3 results
As many as five Nifty companies including HCL Technologies, Axis Bank, HDFC, Bajaj Finance, and Bajaj Finserv announced their financial results on Tuesday for the quarter ended December 2018.

While private sector lender Axis Bank reported over two-fold rise in net profit to Rs 1,680.85 crore, NBFC Bajaj Finance Ltd reported 54 per cent rise in

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DHFL raises Rs 1,375 crore from Oaktree
DHFL on Tuesday said it has raised Rs 1,375 crore by selling a portfolio of loans to Oaktree Capital Management, a global alternative investment management firm with $124 billion of assets under management. The transaction is structured using RBI’s securitization norms and involves securitization of wholesale real estate project finance loans with
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Buy KEC International, target Rs 440: Elara Capital
Elara Capital has a buy call on KEC International with a target price of Rs 440.

The current market price of KEC International is Rs 247.20.

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

Investment rationale by the brokerage- Lower FY19 guidance to 12-15 per cent sales growth, single

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Share market update: Bank shares mixed; ICICI Bank rises 4%
NEW DELHI: Bank shares were trading on a mixed note in Wednesday's morning session.

Shares of ICICI Bank (up 4.30 per cent), Axis Bank (up 3.81 per cent), YES Bank (up 1.70 per cent) and RBL Bank (up 1.23 per cent) were the top performers in the index.

IDFC First Bank (down 1.30 per cent), Kotak Mahindra Bank (down 0.97 per cent), HDFC Bank

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HCL Techologies Q3 results: Here's what analysts say
NEW DELHI: Shares of HCL Technologies were marginally lower on Tuesday ahead of its December quarter results scheduled for later in the day.

The IT major is likely to report 2.5-4 per cent YoY rise in constant currency (CC) revenue and expansion in margins to the tune of 30-70 basis points sequentially. The management is expected to maintain

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Bajaj Auto Q3 results fail to impress D-Street: Key takeaways
NEW DELHI: Bajaj Auto on Wednesday posted double-digit rise in key financial numbers for the quarter ended December 2018. The auto major reported 15.60 per cent year-on-year rise in net profit on 16 per cent rise in sales for the quarter under review.

Shares of the company were trading 1.48 per cent down at Rs 2,528.90 after the announcement of

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NSEL Scam: EOW seeks legal view on attachment of brokers& assets
The Economic Offences Wing (EOW) of Mumbai police, investigating the Rs 5,600-crore National Spot Exchange (NSEL) payment scam, has sought legal opinion on whether it can attach the assets of non-defaulting brokers who engaged in trading of illegal paired contracts for clients and earned brokerage from them, said people aware of the development.

EO

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Top intraday trading ideas for afternoon trade for Tuesday 29 January 2019
NEW DELHI: Equity benchmarks Sensex and Nifty50 were trading lower on Tuesday on account of selling in frontline bluechip counters.

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.comManappuram Finance is a 'Sell' call with a target

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IOC tames cost pressure: Major Q3 takeaways
Indian Oil Corporation on Thursday surprised investors with a standalone net profit of Rs 716.82 crore for the December quarter.

This was in stark contrast to Rs 900 crore loss anticipated by analysts in an ETNow poll.

The oil and gas major had reported Rs 7,883.22 crore profit in the same quarter last year.

Let's go through key takeaways of

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Sensex edges 150 points higher, Nifty tops 10,700 on firm Asian cues
NEW DELHI: Headline indices Sensex and Nifty registered healthy openings on Wednesday on a fresh spell of buying in most sectors, led by bank, financials, metal and IT.

Market turned positive after three consecutive sessions of losses, tracking global markets that eked out modest gains ahead of US Fed monetary policy meet outcome.

Investors are

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By Eddie van der Walt

Bitcoin’s painful 2018 crash continues, with the original cryptocurrency touching the lowest in more than a month on Monday.

Falling as much as 5.2 per cent since the weekend, the largest digital asset in the space dragged the Bloomberg Galaxy Crypto Index to its worst decline in more than two weeks. Ether and Bitcoin Cash both

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Neutral HCL Technologies, target Rs 1,040: Phillip Capital (India)
Phillip Capital (India) has a NEUTRAL call on HCL Technologies with a target price of Rs 1,040.

The current market price of HCL Technologies is Rs 1,015.90.

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

Phillip Capital's rationale- HCLT reported strong revenue performance this quarter,

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Share market update: Auto shares in the green; Exide Industries up 2%
NEW DELHI: Most auto shares were trading in the green in Wednesday's morning session.

Shares of Exide Industries (up 2.19 per cent) , Tata Motors (up 1.24 per cent) , Apollo Tyres (up 1.23 per cent) and Tata Motors (up 0.94 per cent) were the top gainers in the index.

Bosch (up 0.93 per cent), Eicher Motors (up 0.91 per cent) and Mahindra -

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A 26 per cent annual compounded return can grow your portfolio 10 times in 10 years! Sounds mouth-watering

Ambit Capital on Tuesday listed 30 ‘great’ stocks that it said can multiply investor wealth by 10 times in the coming years.

The list included Nilkamal, La Opala RG, Avenue Supermarts, Maruti Suzuki, Kansai Nerolac, PVR, Venky’s India, S

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Share market update: Nifty Private bank index up 1%; Axis Bank, ICICI Bank among top gainers
NEW DELHI: Shares of private sector banks were trading with gains in Wednesday's afternoon session.

Shares of Axis Bank (up 5.53 per cent), ICICI Bank (up 5.45 per cent), RBL Bank (up 1.73 per cent) and IndusInd Bank (up 1.38 per cent) were the top performers in the index.

IDFC First Bank (down 2.81 per cent), Kotak Mahindra Bank (down 1.95 per

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Leel Electricals, IL FS Transportation among top losers on BSE
NEW DELHI: The domestic equity benchmark BSE Sensex was trading 128.41 points up at 35,720.91 on Wednesday on account of buying in frontline bluechip counters.

Shares of Freshtrop Fruit (down 12.96 per cent) , Xpro India (down 12.19 per cent) , Atishay (down 9.97 per cent) , Sri Adhikari (down 9.92 per cent) , Shalimar Wires (down 9.88 per cent) ,

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Bank of Baroda Q3 profit may rise manifold, shares up 2%
Shares of Bank of Baroda (BoB) were trading over 2 per cent higher in morning trade on Tuesday ahead of its financial results for the quarter ended December 2018. The scrip was up 2.11 per cent at Rs 111.50 at around 10.25 am (IST), while the BSE Sensex was down 42.75 points, or 0.12 per cent, at 35,613.31 at around the same time.

Brokerage firm

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Buy Shriram Transport Finance Company, target Rs 1,307: Antique Stock Broking
Antique Stock Broking has a buy call on Shriram Transport Finance Company with a target price of Rs 1,307.

The current market price of Shriram Transport Finance Company is Rs 1,015.

Time period given by the brokerage is 'long-term' when Shriram Transport Finance Company price can reach the defined target.

Investment rationale by the brokerage-Give

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DCM Shriram, Zee Media among top gainers on BSE
NEW DELHI: The domestic equity benchmark BSE Sensex was trading 173.41 points up at 35,765.91 on account of buying in frontline bluechip counters.

Shares of Paul Merchants (up 18 per cent) , Prime Property (up 17.27 per cent) , Emmessar Biotech (up 14.74 per cent) , Nath Pulp (up 14.04 per cent) , Artson Engineering (up 13.69 per cent), Ansal

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NEW DELHI: Market breadth is depleting, and the benchmark indices are making lower highs and lower lows, suggesting that supports are shifting lower in the runup to the Union Budget.

As weakness grows, more and more stocks are looking weak on the technical charts.

As such, 80 stocks on NSE appear to be readying for a correction in the coming days,

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Bajaj Auto shares down ahead of Q3 result; herewhat to expect
Shares of Bajaj Auto were trading marginally in red ahead of financial results for the quarter ended December 2018 later in the day. The scrip was down 0.55 per cent at Rs 2552.85 at around 10 am (IST), while the benchmark BSE Sensex was up 106 points, or 0.30 per cent, at 35,699 at around the same time.

Brokerage firm IDBI Capital Markets

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Buzzing stocks: DHFL, Axis Bank, HCL Tech, YES Bank, BoB
NEW DELHI: DHFL with over 0.56 crore shares changing hands was leading among the most traded stocks on NSE on Wednesday.

Shares of Axis Bank (number of shares traded: 0.49 crore), YES Bank (number of shares traded: 0.37 crore), Bank of Baroda (number of shares traded: 0.26 crore), Dish TV India (number of shares traded: 0.15 crore), ICICI Bank

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Share market update:Realty shares slip; Unitech down 3%
NEW DELHI: Realty shares were trading in the negative zone in Tuesday's morning session.

Shares of Unitech (down 3.03 per cent), Phoenix Mills (down 1.21 per cent) and Sobha (down 0.89 per cent) were the top losers in the index.

Oberoi Realty (down 0.80 per cent), Indiabulls Real Estate (down 0.52 per cent) and Prestige Estates Projects (down

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IOC trades in the red ahead of Q3 results
NEW DELHI: Shares of Indian Oil Corporation (IOC) were trading in the negative territory ahead of the announcement of its December quarter earnings on Wednesday in an otherwise buoyant market.

Brokerages are expecting a negative set of numbers from IOC.

"We expect IOC to report negative EBITDA despite strength in underlying margins and forex

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'BUY' or 'SELL' ideas from experts for Wednesday 30 January 2019
NEW DELHI: Domestic equity market is likely to open flat on Wednesday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.

At 8:27 am the SGX Nifty was 3 points or 0.03 per cent up at 10,697.

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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Share market update: Pharma shares gain; Dr. Reddy's Lab up nearly 2%
NEW DELHI: Pharma shares were trading in the positive zone in Tuesday's morning session.

Shares of Dr. Reddy's Laboratories (up 1.91 per cent), Aurobindo Pharma (up 1.63 per cent), Divi's Laboratories (up 1.45 per cent) and Sun Pharmaceutical Industries (up 0.94 per cent) were the top performers in the index.

Glenmark Pharmaceuticals (up 0.44

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L T plans OFS of up to 30 lakh shares of L T Tech
NEW DELHI: Larsen and Toubro plans to sell up to 30 lakh shares of L-T Technology Services, representing 2.89 per cent of its total paid-up equity share capital.

The floor price of the offer has been fixed at Rs 1,610 per share, according to a regulatory filing by the company.

"the seller (Larsen - Toubro Ltd) proposes to sell up to

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Sell Larsen Toubro, target Rs 1240: Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a sell call on Larsen - Toubro Ltd. with a target price of Rs 1240.0 . The current market price of Larsen - Toubro Ltd. is Rs 1278.1 Time period given by the analyst is Intra Day when Larsen - Toubro Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss at Rs 1300.
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By Andy Mukherjee

The opportunity to own the largest broadcaster in a consumer market of 1.3 billion people doesn’t arrive all that often; even more rarely does it come after a single-day 26 per cent rout in the stock.

The special situation has arisen because of Indian infrastructure financier-operator IL-FS Group’s sudden $12.8 billion b

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