StockMarket

Mindtree jumps, L T Infotech slips on deal buzz
NEW DELHI: Shares of Mindtree climbed over 2 per cent and those of Larsen - Toubro Infotech (LTI) fell over 1 per cent on Monday after reports that latter is eyeing V G Siddhartha’s stake in Mindtree.

According to an ET report, L-T unit is closing in on a potential deal with serial entrepreneur and Café Coffee Day founder Siddhartha,

Details
Category: Stock Market

Write comment (100 Comments)

The initial set of results for December 2018 quarter shows a sustained double-digit sales growth but a deceleration in net profit growth. A common sample of 65 companies that declared results in each of 13 quarters to December 2018 reported 39.5 per cent sales growth, much faster than 15.5 per cent growth in corresponding quarter of previous
Details
Category: Stock Market

Write comment (93 Comments)

Buy Housing Development Finance Corporation, target Rs 2045: Kunal Bothra
Independent analyst Kunal Bothra has a buy call on Housing Development Finance Corporation Ltd. with a target price of Rs 2045. The current market price of Housing Development Finance Corporation Ltd. is Rs 2008.05. Time period given by analyst is Intra Day when Housing Development Finance Corporation Ltd. price can reach defined target. Kunal
Details
Category: Stock Market

Write comment (100 Comments)

Share market update: Nifty Realty index dips; Oberoi Realty down 2%
NEW DELHI: The Nifty Realty index was trading with losses with most of its components trading in red.

The Nifty Realty index was trading 0.76 per cent down at 236.50 around 11:11 am.

Shares of Oberoi Realty (down 1.81 per cent), Indiabulls Real Estate (down 1.59 per cent), Prestige Estates Projects (down 1.51 per cent ) and Sunteck Realty (down 1

Details
Category: Stock Market

Write comment (94 Comments)

Share market update: Nifty Auto index index flat; Motherson Sumi jumps 4%
NEW DELHI: Auto shares were trading mixed in Monday's morning trading session.

Shares of Hero MotoCorp (down 1.33 per cent), Bajaj Auto (down 1.30 per cent), Exide Industries (down 0.69 per cent)and Maruti Suzuki India (down 0.46 per cent) were trading lower.

Motherson Sumi Systems (up 4.03 per cent) , Amara Raja Batteries (up 1.02 per cent) ,

Details
Category: Stock Market

Write comment (95 Comments)

Brokerages raise Wiprotarget price
Mumbai: Brokerages have increased target price on Wipro after company delivered higher-than-expected growth in margins in December quarter. However, most retained sell or neutral rating due to muted guidance for fourth quarter and as growth continues to lag peers.

The company posted a 34.9 per cent quarter-on-quarter rise in consolidated net

Details
Category: Stock Market

Write comment (98 Comments)

L T share buyback hits a wall; what top brokerages say
Shares of Larsen - Toubro went off rails early Monday, plunging over 2 per cent, after market regulator Sebi turned down its Rs 9,000 crore share buyback offer.

In a regulatory filing to stock exchanges, L-T said Securities and Exchange Board of India (Sebi) has asked it not to proceed with buyback.

The scrip was trading 2 per cent down at

Details
Category: Stock Market

Write comment (91 Comments)

Linde India, Palred Tech among top gainers on BSE
NEW DELHI: The domestic equity benchmark BSE Sensex was trading 235.94 points up at 36,622.55 on Monday on account of buying in frontline bluechip counters.

Shares of Tejnaksh Healthcare (up 14.29 per cent), Anjani Synthetics (up 11.14 per cent), Visagar Polytex (up 10.53 per cent), Maral Overseas (up 10.02 per cent), Nila Spaces (up 9.88 per

Details
Category: Stock Market

Write comment (99 Comments)

Sebi issues show-cause notice to Raymond
The Securities and Exchange Board of India (Sebi) has issued a show-cause notice to textile maker Raymond alleging multiple securities market violations. The allegations include failure to obtain necessary approvals for related party transactions in JK House episode, corporate governance violation for non-disclosure of material information about
Details
Category: Stock Market

Write comment (98 Comments)

Wipro slips 2% after company lowers margin guidance
NEW DELHI: Shares of Wipro slipped over 2 per cent in morning trade on Monday as company lowered margin guidance for its IT services business in range of $2,047 million to $2,088 million for March quarter, which translates into a flat 2 per cent sequential growth.

Citi has advised that one should adopt a 'sell into strength' approach on stock.

Details
Category: Stock Market

Write comment (99 Comments)

Sensex, Nifty choppy after China GDP nos; L T slips 2% on buyback blow
NEW DELHI: Benchmark indices on Monday opened on a tepid note amid concerns over slowing world economy, as suggested by 6.6 per cent yearly growth registered by China, its worse in 28 years.

Larsen - Toubro (L-T) fell after Sebi denied permission to its first-ever share buyback plan of Rs 9,000 crore. Wipro and HDFC Bank fell after

Details
Category: Stock Market

Write comment (96 Comments)

'BUY' or 'SELL' ideas from experts for Monday 21 January 2019
NEW DELHI: Domestic equity market is likely to open higher on Monday tracking Nifty futures on Singapore Stock Exchange (SGX Nifty)and mixed Asian cues.

At 8:29 am SGX Nifty was 15 points or 0.14 per cent up at 10,950.

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

Manas Jaiswal of manasjaiswal.comKotak

Details
Category: Stock Market

Write comment (93 Comments)

Share market update: Pharma shares gain; Sun Pharma rises 2%
NEW DELHI: Pharma shares were trading in green in Monday's morning trading session.

Shares of Sun Pharmaceutical Industries (up 2.19 per cent) , Biocon (up 1.53 per cent) , Lupin (up 1.52 per cent) and Dr. Reddy's Laboratories (up 1.51 per cent) were trading higher.

Glenmark Pharmaceuticals (up 1.45 per cent), Aurobindo Pharma (up 1.23 per cent)

Details
Category: Stock Market

Write comment (96 Comments)

South Indian Bank, Omax Autos among top losers on BSE
NEW DELHI: The domestic equity benchmark BSE Sensex was trading 57.94 points up at 36,444.55 on Monday on account of buying in frontline bluechip counters.

Shares of Captain Pipes (down 14.55 per cent), Bloom Dekor (down 14.04 per cent), Nagreeka Export (down 10.46 per cent), Moryo Industries (down 10 per cent), Excel Industries (down 10 per

Details
Category: Stock Market

Write comment (92 Comments)

FPI outflow crosses Rs 4,000 crore in January so far
NEW DELHI: Foreign investors have pulled out more than Rs 4,000 crore from Indian capital markets so far in January, highlighting their cautious stance towards country.

This comes following a collective net inflow of over Rs 17,000 crore in capital markets -- both equity and debt -- by Foreign Portfolio Investors (FPIs) during November and

Details
Category: Stock Market

Write comment (94 Comments)

Why Mohnish Pabrai kept faith in Rain Industries even after 65% plunge in 2018
Year 2018 proved to be a litmus test for stock investors. While retail investors felt heat of severe selling in midcaps and smallcaps last year, big names including US-based investor Mohnish Pabrai too found going tough.

His fund Pabrai Investment Fund (PIF) 3 slipped most by 41.90 per cent last year, followed by The Pabrai Investment Fund II

Details
Category: Stock Market

Write comment (91 Comments)

Buzzing stocks: Sun Pharma, RIL, Jet Airways, YES Bank, HUL
NEW DELHI: Sun Pharma with over 8.29 crore shares changing hands was leading among most traded stocks on NSE on Monday.

Shares of Reliance Communications (number of shares traded: 5.01 crore), YES Bank (number of shares traded: 4.19 crore), Jet Airways (number of shares traded: 3.79 crore), Vodafone Idea (number of shares traded: 2.89 crore), RIL (

Details
Category: Stock Market

Write comment (100 Comments)

The trashing of quant funds may not be temporary
By Satyajit Das

Like alchemists seeking to transform base metals into gold, asset managers are constantly seeking perfect formula for investment success. In recent years, search has focused on proprietary quantitative strategies, involving rule-based investments. The genre is ill-defined and marketed under different names, including factor

Details
Category: Stock Market

Write comment (93 Comments)

Share market update: IT shares advance; Infosys up 2%
NEW DELHI: IT shares advanced with Nifty IT index trading higher in Monday's morning trading session.

Shares of Infosys (up 2.20 per cent) , MindTree (up 1.81 per cent) , NIIT Technologies (up 1.65 per cent) and Tech Mahindra (up 1.54 per cent) were top gainers in index.

Oracle Financial Services Software (up 1.43 per cent) , Tata Consultancy

Details
Category: Stock Market

Write comment (94 Comments)

Buy Kotak Mahindra Bank, target Rs 1280: Manas Jaiswal
Kotak MahindraBank share price: Buy Kotak Mahindra Bank, target Rs 1280: Manas Jaiswal - The TheIndianSubcontinent

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

You can switch off notifications anytime using browser settings.

Recos

DID YOU KNOWUnleash power of SIP - Invest in Mutual funds

Returns

Details
Category: Stock Market

Write comment (96 Comments)

Jack Bogle changed your life even if you don&t know who he was
By Ben Steverman

Jack Bogle knew how to make a nuisance of himself.

“What he meant to most people in investment business was that he was a royal pain in bottom,” said Jeremy Grantham, co-founder of Boston-based Grantham Mayo Van Otterloo, or GMO.

By time of Bogle’s death, on Wednesday at age 89, his victory was nearly total. Low-cost index funds,

Details
Category: Stock Market

Write comment (100 Comments)

Whatdelaying bankruptcy cases, govt to ask RPs, lenders
Four days after India’s biggest lender rushed to sell its outstanding advances to Essar Steel, New Delhi appears to be stepping in to help expedite resolution of top 12 default cases that make up about a fourth of country’s bad-loan pile. The government has called a meeting on Monday with resolution professionals and lenders of dozen cases, three
Details
Category: Stock Market

Write comment (99 Comments)

Buy Kotak Mahindra Bank, target Rs 1260: Dr CK Narayan
Dr CK Narayan of Chart Advise has a buy call on Kotak Mahindra Bank Ltd. with a target price of Rs 1260. The current market price of Kotak Mahindra Bank Ltd. is Rs 1237.35. Time period given by analyst is Intra Day when Kotak Mahindra Bank Ltd. price can reach defined target. Dr CK Narayan recommended to keep stoploss at Rs 1225. Kotak Mahindra
Details
Category: Stock Market

Write comment (99 Comments)

China set to post slowest growth in 28 years in 2018, more stimulus seen
Beijing: China is expected to report on Monday that economic growth cooled to its slowest in 28 years in 2018 amid weakening domestic demand and bruising U.S. tariffs, adding pressure on Beijing to roll out more support measures to avert a sharper slowdown.

Growing signs of weakness in China -- which has generated nearly a third of global growth

Details
Category: Stock Market

Write comment (94 Comments)

Share market update: PSU Bank shares trade lower; IDBI Bank down 2%
NEW DELHI: PSU Bank shares were trading lower with Nifty PSU Bank index down in Monday's morning trading session.

The Nifty PSU Bank index was trading 0.41 per cent down at 3071.45 around 10:41 am.

Shares of IDBI Bank (down 2.49 per cent), Central Bank of India (down 1.29 per cent), Syndicate Bank (down 0.79 per cent)and Punjab National Bank

Details
Category: Stock Market

Write comment (94 Comments)

IL FS- -lsquo;good- power asset may turn -lsquo;bad-
Mumbai: A power plant owned and run by troubled IL-FS is facing threat of turning from a ‘good’ asset into ‘bad’ as a court permitted freeze on repayments prevents lenders from using funds generated by firm, discouraging banks from giving more working capital to unit.

With no access to funds even from good assets that are generating cash

Details
Category: Stock Market

Write comment (91 Comments)

Q3 earnings, crude oil among 7 key factors that may steer market this week
NEW DELHI: Healthy macroeconomic numbers in terms of softer retail inflation and narrower trade deficit, along with improved global sentiment helped Indian equity benchmarks log decent gains last week.

However, Dalal Street did witness bouts of choppiness during week, as third quarter earnings failed to provide any decisive move to market, and

Details
Category: Stock Market

Write comment (97 Comments)

Here are 10 money-making ideas that can deliver in next 3 weeks
NEW DELHI: Indian stocks showed up in green early Monday, in light of tepid gains in Asian markets, after China grew at 6.4 per cent in December quarter.

The world's second-largest economy grew by about 6.6 per cent in 2018, according to official data, slowest annual pace China has seen since 1990.

Experts said market was expecting weak Chinese

Details
Category: Stock Market

Write comment (98 Comments)

Buy Wipro, target Rs 355: Dr CK Narayan
Dr CK Narayan of Chart Advise has a buy call on Wipro Ltd. with a target price of Rs 355.0 . The current market price of Wipro Ltd. is Rs 346.2. Time period given by analyst is Intra Day when Wipro Ltd. price can reach defined target. Dr CK Narayan recommended to keep stoploss at Rs 340. Wipro Ltd., incorporated in 1945, is a largecap company with
Details
Category: Stock Market

Write comment (96 Comments)

HDFC Bank's Q3 net profit jumps 20% YoY
HDFC Bank’s net profit grew 20% in third quarter ended December to Rs.5586 crores from Rs.4642 crores a year ago, on back of growth in net interest income (NII) and treasury gains, results announced on Saturday showed.

NII, which is difference interest gained on loans and interest paid on deposits, grew by 22% to Rs.12,577 crore from Rs.10,314

Details
Category: Stock Market

Write comment (93 Comments)