StockMarket

PSU share sale hits record high of Rs 77,417 crore in 2018
The government raised a record Rs 77,417 crore from sale of its stake in public sector units in 2018, and disinvestment programme is headed for another blockbuster year in 2019 with planned privatisation of national carrier Air India.

The BJP-led NDA, which in its previous stint privatised most number of PSUs ever, continues to shy away from

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HDFC raises lending rates by 0.1 per cent
NEW DELHI: Ahead of new year, mortgage lender HDFC Monday increased its retail prime lending rate (RPLR) by 10 basis points (bps), making housing loans costlier for new borrowers.

The new rates range from 8.90 to 9.15 per cent on various slabs of loans.

HDFC has increased its RPLR, on which its adjustable rate home loans are benchmarked, by 10 bps

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Calendar 2018 turned out to be a rollercoaster ride for Dalal Street, as global uncertainty, macro and micro headwinds kept bulls and bears busy in a tug of war. Global trade tensions, a sudden spurt in crude oil prices, rupee volatility, liquidity crisis for NBFCs back home and outflow of foreign portfolio money kept Sensex and Nifty fluctuating
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Share market update: Bank shares mixed; IndusInd Bank down over 1%
NEW DELHI: Bank shares were trading on a mixed note with Nifty Bank index down 0.21 per cent at 27,102.25 around 11:45 am on Tuesday.

Shares of Bank of Baroda (up 2.02 per cent), YES Bank (up 1.29 per cent), Axis Bank (up 1.16 per cent) and Punjab National Bank (up 0.96 per cent) were top performers in index.

IndusInd Bank (down 1.36 per cent),

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Trade setup: Nifty has resistance at 100-DMA, to remain in a range
Indian stock market closed Calendar Year 2018 on expected lines, as NSE benchmark Nifty opened on a positive note, but halted once again at its 100-DMA and retraced from there.

Despite buoyant undercurrent, session remained dull and directionless, with index settling with a negligible gain of 2.65 points or 0.02 per cent.

As we enter New Near on

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F O: Vix moves higher, Nifty trading band shifts to 10,700-11,000 range
By Chandan TapariaThe Nifty50 index opened positive on Monday but failed to hold its opening gains and remained consolidative taking support at 10,850 level. The index closed on a flat to positive note with lesser trading volume on last session of calendar year but formed a bearish candle on technical charts as it below its opening level.

Nifty has

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Top intraday trading ideas for afternoon trade for Tuesday 1 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.comIGL is a 'Buy' call with a target price of Rs 284

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As I look forward to Calendar 2019, I see a large number of moving parts, which will influence market. Positioning of central banks globally is varied, compared with normal tightening and loosening cycles, which have traditionally been synchronised.

Political influence on economic performance and market volatility is greatest in several decades

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Sensex ends 2018 on a tepid note, Nifty inches up to 10,863
NEW DELHI: Indian equity market wrapped up 2018 on a dull note on Monday, as BSE benchmark Sensex snapped two-day winning streak, while NSE’s Nifty managed to eke out small gains.

Crude oil prices rallied over a per cent, hitting market sentiment. However, signs of progress on a possible US-China trade deal kept equities’ fall in check.

The BSE

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By Ekansh Mittal

The rupee is trading around 70 mark to dollar and crude oil has crashed from its recent high of $80 per barrel to below $55 a barrel. I personally believe rupee may continue to trade above 70 and it seems unlikely that oil will again rise very sharply.

Over next few years companies that might do well will be ones that are majorly

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The domestic equity market witnessed a tumultuous Calendar Year 2018, even as stocks ended on a rather dull note for last session.

Throughout year, NSE benchmark Nifty remained affected by events, both global and domestic. They included threats of a trade war, US Fed continuing to hike interest rates, sharp spikes in crude oil prices followed by

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European shares in tentative New Year's Eve rise after bruising 2018
LONDON: European shares were slightly higher in early deals on Monday as soothing comments from Washington and Beijing about trade frictions between world's top two economies provided some salve for investors after a bruising year in equity markets.

The STOXX 600 was up 0.3 per cent by 0833 GMT, continuing to claw back from multi-year losses hit

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Five PSBs not meeting capital criterion can trigger contagion sans govt support
MUMBAI: The Reserve Bank of India (RBI) warned that absence of perceived sovereign guarantees to banks under Prompt Corrective Action would amplify contagion risk of default in banking industry as five state-owned lenders would fall below minimum capital requirements.

For stress test purposes if it is assumed that state-owned banks don’t have b

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Steel consumption may grow 7% in FY19, FY20: ICRA
Kolkata: Domestic steel consumption is poised to grow at around 7% in FY 2019 and FY2020, ratings agency ICRA has said, led by government’s thrust on infrastructure, affordable housing, power transmission and Railways. This prompted agency to give a stable outlook for steel industry, in its year end assessment of sector. However, despite robust d
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Share market update: Nifty Private Bank index rises; South Indian Bank up nearly 2%
NEW DELHI: The Nifty Private Bank index was trading 0.25 per cent up at 15,306.60 around 02:37 pm on Monday with most of its components trading higher.

Shares of South Indian Bank (up 1.63 per cent), Kotak Mahindra Bank (up 1.25 per cent), IDFC Bank (up 1.05 per cent) and IndusInd Bank (up 0.87 per cent) were top performers in index.

YES Bank

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Share market update: 20 stocks hit 52-week lows on NSE
NEW DELHI: Around 20 stocks fell to touch their 52-week lows on NSE in Tuesday's session.

Among stocks that touched their 52-week lows were California Software, Gemini Communication, Mcnally Bharat Engineering and Hindustan Composites.

Nagarjuna Oil Refinery, Rolta India, Raj Rayon Industries, Todays Writing Instruments and Viji Finance also

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Fund raising via NCDs surges 3-fold to Rs 29,300 crore in 2018
Indian companies raised over Rs 29,300 crore by issuing non-convertible debentures (NCDs) to retail investors in 2018 to meet their business requirements, representing a three-fold surge compare to preceding year.

NCDs are loan-linked bonds that cannot be converted into stocks and usually offer higher interest rates than convertible.

According to

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Australia shares end flat in worst year since 2011; NZ rises
Australian shares finished flat on Monday, capping their worst year since 2011, as gains in miners on higher commodities prices were offset by losses in industrials and consumer stocks.

The S-P/ASX 200 index edged 0.1 per cent lower, or 7.9 points, to 5,646.40 in a shortened last trading session of the year.

"The local market opened higher on

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Over dozen CPSEs evince interest in raising funds via debt ETF next fiscal
NEW DELHI: Over a dozen CPSEs have evinced interest in raising funds through finance ministry's maiden debt exchange-traded fund (ETF) to meet part of their capital expenditure needs next fiscal, an official said. To start with, finance ministry will provide a platform for only 'AAA' and 'AA' rated Central Public Sector Enterprises (CPSEs) to
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Investors become poorer by Rs 7.25 lakh cr in 2018
Investor wealth eroded by Rs 7.25 lakh crore in 2018 amid volatile broader market conditions.

The market capitalisation (m-cap) of BSE-listed companies slumped by Rs 7,25,401.31 crore to Rs 1,44,48,465.69 crore this year.

The BSE benchmark Sensex has gained 2,011.5 points, or 5.90 per cent, in 2018.

From its all-time peak of 38,989.65 scaled on

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Despite the scepticism, Indian equity will surprise you in 2019
By Pankaj MurarkaOnce again, it’s that time of the year, when before we pack our bags for a holiday, we sit back to introspect how the year gone by has been and think through our strategy for the year ahead before making the New Year resolutions.

Roller Coaster Year

Calendar 2018 was a roller-coaster year. It started on note of high optimism and

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Share market update: FMCG shares tumble; United Spirits dips nearly 2%
NEW DELHI: The Nifty FMCG index was trading 0.37 per cent down at 30,403.60 around 10:58 am on Tuesday with most of its components trading lower.

Shares of United Spirits (down 1.76 per cent), Procter - Gamble Hygiene - Healthcare (down 0.67 per cent), ColgatePalmolive (India) (down 0.57 per cent) and ITC (down 0.50 per cent) were top

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Banking sector on course to recovery as NPAs recede: RBI
The banking sector is on "course to recovery" as afflicting non-performing assets recede, but state-run lenders need reforms in governance, Governor Shaktikanta Das said Monday.

The weaker ones among public sector banks need to be supported through recapitalisation, Governor said in his foreword to RBI's half-yearly financial stability report

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Here are the world's biggest billionaire winners, losers of 2018
By Sophie Alexander and Jack Witzig

The markets may be tanking, but that hasn’t stopped plenty of mega-fortunes from being unearthed in 2018.

The popularity of Fortnite, the phenomenon that forced some into video-game rehab, gave gamemaker Tim Sweeney a $7.2 billion fortune this year. Autry Stephens has $11.4 billion after his closely held

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Investment strategy for election year Just don't think too much
Calendar 2018 was a very testing year for Dalal Street. Investors in midcaps and smallcaps bled profusely. Largecaps, with exception of a handful of stocks, have also gone down. This is normal. Equity returns are not linear. Equity as an asset class does not give steady, regular returns.

Calendar 2017 was a year of super-normal profits. On a

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After Market: 63 counters show bullish bias; biggest OI gainers
Dalal Street bade adieu to Calendar 2018 on a flat note, as lack of fresh triggers and mixed global cues ensured that session remains uneventful. The BSE Sensex closed 8.39 points, or 0.02 per cent, down at 36,068, while NSE’s Nifty settled 2.65 points, or 0.02 per cent, higher at 10,862.

As many as 27 stocks in Nifty50 closed in green with JSW

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Bhangaar stocks that rallied up to 770% in year of smallcap carnage
Calendar 2018 was a year of return drought for Dalal Street, as more than 85 per cent of the stocks failed to beat benchmark Sensex. Smallcaps took a heavy beating with losses rising as much as 94 per cent.

Some well-known midcaps like Gitanjali Gems and Kwality turned penny stocks, while as many as 20 little-known stocks multiplied investors’ w

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Share market update: Metal shares fall; Hindalco Industries slips over 1%
NEW DELHI: Metal shares were trading in negative zone with Nifty Metal index down 0.63 per cent at 3134.60 around 10:49 am on Tuesday.

Shares of Hindalco Industries (down 1.28 per cent), National Aluminium Company (down 1.22 per cent), Jindal Steel - Power (down 1.15 per cent) and JSW Steel (down 0.98 per cent) were worst performers in index.

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Tech View: Nifty50 forms a small bearish candle, gives mixed signals
NEW DELHI; The Nifty50 failed to capitalise on a firm start on Monday and barely managed to close higher for fourth straight day. The index formed a small bearish candle on daily chart, even as it formed higher highs and higher lows for third straight session.

Near-term oscillators are sending out mixed signals. Only a strong rally above 10,920

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Share market update: Telecom shares mixed; MTNL surges nearly 12%
NEW DELHI: Telecom shares were trading on a mixed note with the S-P BSE Telecom index down 0.35 per cent at 992.41 around 12:49 pm on Monday.

Shares of Mahanagar Telephone Nigam (up 11.84 per cent), GTPL Hathway (up 4.00 per cent), OnMobile Global (up 2.60 per cent) and ITI (up 2.45 per cent) were the top performers in the index.

GTL

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