StockMarket

Share market update: Auto shares mixed; TVS Motor rises over 2%
NEW DELHI: Auto shares were trading on a mixed note in Tuesday's morning session.

Shares of TVS Motor Company (up 2.66 per cent), Hero MotoCorp (up 1.40 per cent), Tata Motors (DVR) (up 0.79 per cent) and Tata Motors (up 0.78 per cent) were the top performers in the index.

Motherson Sumi Systems (down 2.89 per cent), Apollo Tyres (down 2.29 per

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Share market update: Pharma shares fall; Piramal Enterprises plunges 7%
NEW DELHI: Pharma shares were trading in the negative zone in Monday's morning session.

Shares of Piramal Enterprises (down 7.11 per cent), Aurobindo Pharma (down 3.60 per cent), Cipla (down 2.85 per cent ) and Biocon (down 2.59 per cent) were the top losers in the index.

Sun Pharmaceutical Industries (down 2.24 per cent), Glenmark

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Budget, Q3 earnings and Fed among 10 factors that may guide stock market this week
NEW DELHI: December quarter earnings of heavyweights, including Kotak Mahindra Bank, ITC, YES Bank and Maruti Suzuki India, remained most dominant themes for the domestic stock mark et during the week gone by.

Global cues and crude oil’s volatility also influenced mood, but not as much as the third-quarter numbers that swung the market.

Last

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Q3 preview: Low base to drive Axis Bank's profit; loan growth seen at 15%
NEW DELHI: Private lender Axis Bank is set to announce the October-December quarter earnings on Tuesday.

Brokerages are expecting the bank to report healthy numbers, in continuation of second quarter numbers, which saw 83 per cent year-on-year (YoY) surge in its profit.

Motilal Oswal Securities estimates the bank may report a 80 per cent YoY surge

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Select cement stocks are now poised for correction
By Abhishek Karande(Analyst, Indianivesh)

Where we are: Benchmark Nifty Index continues to oscillate between 10,700-11,000 levels during the month of January 2019. Bulls made several attempts to surpass 11,000 mark but were capped. Intermediate support for index is now at 10,700-10,650 levels. A decisive break is needed and could possibly trigger

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Defying expectations, Nifty did not take any major directional call during the week gone by. The week remained volatile with the index oscillating in a defined 230-point range throughout. However, on the weekly charts, the index has been able to keep its head above the 50-week moving average, which is at 10,757. On a weekly basis, the market gave
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Share market update: IT shares dip; HCL Tech down over 1%
NEW DELHI: IT shares were trading with losses in Tuesday's morning session.

Shares of Infibeam Avenues (down 1.88 per cent), HCL Technologies (down 1.30 per cent), Infosys (down 1.06 per cent ) and Tech Mahindra (down 0.84 per cent) were the top losers in the index.

Oracle Financial Services Software (down 0.73 per cent), Tata Consultancy

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Current stage of market favours very short term traders
By Kapil Shah(Technical analyst-Emkay global financial services)

Where we are: From the past six weeks, the index is in strong consolidation phase within the range of 11,000 to 10,700 level. Looking from Technical perspective, Positional moving average like 100- and 200-DMA is flattish which indicates sideways state of market. 28 out of 50 stocks

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Oil climbs on Venezuelan crisis despite surging US supply
Oil prices edged higher on Friday as political turmoil in Venezuela threatened to tighten crude supply, but concerns over surging US fuel stocks and global economic woes weighed on sentiment.

The United States signalled on Thursday it may impose sanctions on Venezuelan exports after recognising opposition leader Juan Guaido as interim president

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Q3 preview: Bajaj Finance, Bajaj Finserv likely to post robust profit growth
Bajaj Finance and Bajaj Finserv are likely to report double-digit growth in key financial numbers for the quarter ended December 2018. Both the Bajaj Group companies are slated to announce Q3 results on Tuesday.

Shares of Bajaj Finance rose 2.79 per cent to hit a high of Rs 2524.95 on BSE in morning trade on Tuesday. Meanwhile, shares of Bajaj

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Share market update: IT shares mixed; Wipro up 2%
NEW DELHI: IT shares were trading on a mixed note in Monday's morning session.

Shares of Wipro (up 2.25 per cent), Tata Consultancy Services (up 1.53 per cent) and NIIT Technologies (up 0.54 per cent) were among the top performers in the index.

Infibeam Avenues (down 3.66 per cent), Tata Elxsi (down 3.11 per cent), Infosys (down 0.99 per cent)

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IL FS may hire auditor to check 5 years- accounts
MUMBAI: Troubled infrastructure developer and lender Infrastructure Leasing - Financial Services (IL-FS) is looking to appoint an auditor that will look into audited books of the group and its subsidiaries, said people with direct knowledge of the matter.

Role of EY, Deloitte and KPMG that audited the group and its subsidiaries would be

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Share market update: Nifty PSU Bank index up 1%; BoB, Canara Bank among top gainers
NEW DELHI: Shares of PSU banks were trading higher in Tuesday's morning session.

Shares of Vijaya Bank (up 2.56 per cent), Bank of Baroda (up 2.20 per cent), Canara Bank (up 1.81 per cent) and Indian Bank (up 1.40 per cent) were the top gainers in the index.

State Bank of India (up 1.05 per cent), Punjab National Bank (up 0.99 per cent) and

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Brokerages keep a bullish call on ZEE as stock trades at discount
NEW DELHI: Many foreign brokerages have maintained their buy ratings on Zee Entertainment as the stock now trades at a deep discount to long-term averages following Friday’s 27 per cent plunge.

Nomura India said there is no change in business fundamentals after Friday's correction in the stock price. A large part of the correction in the stock

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NEW DELHI: Maruti Suzuki reported a 17.2 per cent drop in net profit for the third quarter, as expenses towards raw materials, marketing and sales increased, and it took a hit from adverse foreign exchange movements.

Shares of the nation’s largest carmaker crashed after the release of the earnings, which missed market expectations, hitting a

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NEW DELHI: Domestic equity markets kicked off Tuesday's session on a negative note following weak global cues.

The BSE Sensex opened 60 points down at 35,717, while the NSE Nifty index started the day at 10654, down 7 points against its previous close.

As many as 31 stocks in the Nifty index were trading lower with Indiabulls Housing Finance

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Share market update: PSU banks shares down; Indian Bank slumps over 5%
NEW DELHI: Shares of PSU banks were trading lower in Monday's morning session.

Shares of Indian Bank (down 5.58 per cent), Central Bank of India (down 3.52 per cent), IDBI Bank (down 3.37 per cent) and Bank of India (down 2.38 per cent) were the worst performers in the index.

Vijaya Bank (down 2.29 per cent), Oriental Bank of Commerce (down 2.24

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MUMBAI: Infrastructure major Larsen - Toubro’s December-quarter orders inflow declined by 12 per cent from a year ago, but the company said it is confident of achieving its order inflow growth guidance of 10-12 per cent for 2018-19.

The company on Friday reported a third-quarter net profit of Rs 2,042 crore, up 37 per cent from the year-ago

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Top intraday trading ideas for afternoon trade for Monday 28 January 2019
NEW DELHI: Equity benchmarks Sensex and Nifty50 were trading lower on Monday 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.comPiramal Enterprises is a 'Sell' call with a target

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HCL Tech, Havells among 10 stocks that can potentially deliver gains in 2-3 weeks
NEW DELHI: Dalal Street has had a weak start to an extremely important week, that will see the unveiling of the Interim Budget, rollover of F-O contracts, US Fed’s rate-setting meeting and some major earnings announcements.

The Finance Minister will present the Vote on Account to Parliament on February 1, Friday, for the first three months of

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D-Street presents a glass half-full, half-empty dilemma for investors
Anyone giving an outlook for the Indian stock market would remind you of the proverbial half empty-half full glass analogy.

After a highly volatile calendar year in 2018, the domestic equity market is looking a glass half full for investors looking to cherry-pick cheaper stocks, and half empty for those who entered the market after the rally in

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L T Q3 show takes stock 4% higher
NEW DELHI: Shares of Larsen - Toubro (L-T) jumped 4 per cent early Monday, buoyed by the infrastructure major's healthy December quarter numbers.

L-T came out with its third quarter numbers post market hours on Friday. Its profit stood at Rs 2,042 crore in October-December of FY19 over Rs 1,490 crore in Q3 FY18.

An earlier ETNow poll

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Share market update: Auto shares in the red; Motherson Sumi slips over 4%
NEW DELHI: Auto shares were trading in the red in Monday's morning session.

Shares of Motherson Sumi Systems (down 4.61 per cent), TVS Motor Company (down 3.09 per cent), Exide Industries (down 3.06 per cent ) and Amara Raja Batteries (down 2.50 per cent) were the top losers in the index.

Bosch (down 2.44 per cent), Bajaj Auto (down 2.23 per

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Gold prices up on wedding season buying; silver loses sheen
Persistent buying by jewellers and retailers to meet the wedding season demand pushed gold prices higher by Rs 140 to Rs 33,300 per 10 gram at the close of the week.In contrast, silver prices drifted lower due to reduced offtake by coin makers and consuming units.

Overcoming a mixed sentiment from global markets, gold prices climbed on account of

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Share market update: Realty shares slip; Unitech falls nearly 3%
NEW DELHI: Realty shares were trading with losses in Monday's morning session.

Shares of Indiabulls Real Estate (down 6.30 per cent), Prestige Estates Projects (down 3.03 per cent), Unitech (down 2.94 per cent ) and Sobha (down 2.07 per cent) were the worst performers in the index.

DLF (up 1.39 per cent), Sunteck Realty (up 0.49 per cent) and

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Hedging and betting with index futures options
ET explains how index futures and options are traded to hedge one’s bets or speculate on the market direction:

1. What’s better to trade — Nifty futures or optionsIt depends on a trader’s risk appetite and whether one is a speculator or hedger, and also volatility. The better informed and savvy buy or sell futures and write call or put options. T

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By DK AgrawaldkThe interim Budget due next week is expected to have some measures and higher budgetary allocations for the agriculture and social sectors. The government may also focus on job creation and infrastructure investments.

But if the government goes for too much of populist measures, it may have difficulty in managing its fiscal math.

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More pain for Graphite India, HEG; stocks tank up to 15%
NEW DELHI: Shares of Graphite India plunged 15 per cent on the BSE early Monday, extending the losing streak to the eighth consecutive session, touching 52-week low of Rs 470.

Shares of HEG fell for the third straight session, declining 11 per cent.

Graphite stocks have been under pressure of late because of concerns related to imports from China

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ZEEL, Essel Propack among top gainers on BSE
NEW DELHI: The domestic equity benchmark BSE Sensex was trading 194.12 points down at 35,831.42 on account of selling in frontline bluechip counters.

Shares of Resonance Specialities (up 14.43 per cent), Bhagyanagar Properties (up 13.68 per cent), Vegetable Products (up 13.15 per cent), Arihant Institute (up 13.10 per cent), ABC India (up 10.91

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China confident of keeping 2019 growth within -appropriate range-
SHANGHAI: China is fully confident that it is capable of keeping its economic growth rate within an appropriate range in 2019 in spite of challenges, state news agency Xinhua reported Chinese Premier Li Keqiang as saying on Friday.

"China's economy has enough resilience, potential and ample room for growth, especially with a huge domestic market

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