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NSE gets Sebi's nod to launch weekly options on Nifty50 index
NEW DELHI: National Stock Exchange of India has secured permission from the Securities and Exchange Board of India to launch weekly options on the Nifty index.

The launch of options contracts on the 50-stock index is likely to increase volumes in the option segment and provide a hedging tool to market participants.

The exchange had launched

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European stocks seen dragged by US sell-off, eyes on Fed
European shares are set to open lower this morning after the S-P 500 hit its lowest level in 14 months on concerns over slowing economic growth, dragging Asian markets into the red.

A speech by Chinese President Xi Jinping which investors had hoped could lift the morale "barely caused a ripple in the stormy sea of red" (to use the words of

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Buy Indraprastha Gas; target Rs 272: Dr CK Narayan
Dr CK Narayan of Chart Advise has a buy call on Indraprastha Gas with a target price of Rs 272. The current market price of Indraprastha Gas is Rs 261.65. Time period given by analyst is Intra Day when Indraprastha Gas price can reach defined target. Dr CK Narayan recommended to keep stoploss at Rs 256. Indraprastha Gas, incorporated in the year
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Sebi fines 3 entities for fraudulent trade in stock options
NEW DELHI: Markets regulator Sebi Tuesday imposed a total fine of Rs 16 lakh on three entities for executing fraudulent trades, which created artificial volume in the illiquid stock options segment of the BSE.

Those facing penalties are -- Omnipresent Credits Private Limited, Payal Commercial Company and Pavan Kailashchand Biyan, according to Sebi

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Japanese stocks follow Wall St down; Topix close at a 19-month low
TOKYO: Japanese stocks tracked global peers and tumbled on Tuesday, with the Topix closing at 19-month low, as worries about cooling global growth took a toll on cyclical stocks.

The Nikkei share average ended the day down 1.82 percent at 21,115.45 after touching 21,107.13, its lowest level since Dec. 11.

The index edged towards a trough of

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Market Movers: Massive farm loan waiver in MP, LIC stock purchases under radar S P warning over RBI spat
Good morning. Here is a list of market-moving macro stories that you may like to read. The same has been prepared from newspaper and wire feeds.

LIC’s stock purchases under radar India’s largest domestic institutional investor LIC surprised markets by having picked up stakes in companies such as Swan Energy, Granules India, Rajesh Exports, Omaxe

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After Market: MIRC, Zee, power names IL FS stocks created all the buzz
NEW DELHI: Top bank stocks helped Dalal Street fight off weak global cues and end in the green for the sixth straight session. Shares of ICICI Bank, Kotak Bank, SBI and HDFC Bank gained between 0.80 per cent and 1.35 per cent and L-T, RIL and M-M chipped in to lift Sensex by 77 points, or 0.21 per cent, to 36,347. Nifty rose 20 points to
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Buy Crisil; target Rs 1,980: Centrum Broking
Centrum Broking has a buy call on Crisil with a target price of Rs 1,980.

The current market price of Crisil is Rs 1,596.55.

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

Investment rationale by the brokerageRating business- growth rates set to accelerate: The modest growth in rating revenues for

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Buy BEML; target Rs 885 : Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a buy call on BEML with a target price of Rs 885. The current market price of BEML is Rs 846.15. Time period given by analyst is Intra Day when BEML price can reach defined target. Manas Jaiswal recommended to keep stoploss at Rs 824.

BEML, incorporated in the year 1964, is a Mid Cap company (having a market

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Pramerica to buy out DHFL stake in JV
NEW DELHI: US financial firm Pramerica is set to acquire DHFL’s stake in their 50:50 joint venture asset management company, DHFL Pramerica Asset Managers (DPAM).

Both Pramerica Financial and DHFL signed a binding term sheet on Tuesday, which is subject to the signing of a definitive documentation, customary closing conditions, and regulatory

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Buy Ashoka Buildcon; target Rs 201: Edelweiss Financial Services
Edelweiss Financial Services has a buy call on Ashoka Buildcon with a target price of Rs 201.

The current market price of Ashoka Buildcon is Rs 131.90.

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

Investment rationale by the brokerageMSII investment portends plethora of benefits: ASBL has

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Buy HDFC; target Rs 2010: Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a buy call on Housing Development Finance Corporation with a target price of Rs 2010. The current market price of Housing Development Finance Corporation is Rs 1959.15. Time period given by analyst is Intra Day when Housing Development Finance Corporation price can reach defined target. Manas Jaiswal
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Tech view: Bullish candle on Nifty50 chart shows more upside ahead
The bulls continued to rejoice on Dalal Street for the sixth straight session on Tuesday. The 50-share Nifty pared all initial losses in the last hour of trade to settle 20.35 points, or 0.19 per cent, higher at 10,908.

After a gap-down opening following subdued global cues, the index scaled an intraday low and high of 10,819 and 10,915,

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Buy Sadbhav Engineering; target Rs 272: Anand Rathi
Anand Rathi has a buy call on Sadbhav Engineering with a target price of Rs 272.

The current market price of Sadbhav Engineering is Rs 195.95.

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

Investment rationale by the brokerageLiquidity squeeze swells debt; hopeful of year-end debt

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'BUY' or 'SELL' ideas from experts for Tuesday 18 December 2018
NEW DELHI: Domestic equity market is likely to open lower on Tuesday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and mixed Asian cues.

At 8:27 am the SGX Nifty was 38.50 points or 0.35 per cent down at 10,875.

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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F O: Low levels of VIX surge in Put-Call ratio suggest bull-s grip
By Chandan TapariaThe Nifty index opened in the negative but witnessed buying interest at lower levels and extended gains towards the 10,900 mark. It partially filled its previous day’s gap and formed a bullish candle on the daily scale, which indicated that the decline got bought into. The index has been shifting its support to higher levels and s
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Sensex drops over 150 points, Nifty50 below 10,850; Tata Motors climbs 2%
NEW DELHI: Domestic benchmark indices kicked off Tuesday's session on a week note tracking weakness in its Asian peers.

The Asian equities took a hit on concerns about a slowing global economy that sent Wall Street stocks skidding to their lowest levels in more than a year.

A rise in domestic currency though capped further downside.

The rupee on

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Mumbai: American private equity fund TPG Capital is close to controlling the healthcare portfolio of UAE’s Abraaj Growth Markets Health Fund, which owns majority stake in India’s Care Hospitals, two persons with direct knowledge of the development said.

The investors of Abraaj Healthcare fund have sacked Abraaj fund managers and appointed TPG as

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Market jumps, keeps head above water for 6th day
NEW DELHI: Market fought off weak global cues for the whole of Tuesday as it ended in the green for the sixth straight session.

But the gains were capped as global growth concerns weighed and participants took profit.

Sentiment got a lift from strength in the rupee and a sharp decline in global oil prices. The possibility of the US Federal

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Kamadgiri Fashion, PCS Tech among top losers on BSE
NEW DELHI: The domestic equity benchmark BSE Sensex was trading 157.09 points down at 36,112.98 on Tuesday on account of selling in frontline bluechip counters.

Shares of Kamadgiri Fashion (down 13.41 per cent) , Amrapali Capital - Finance (down 10 per cent) , Shri Keshav Cement (down 9.23 per cent) , PCS Technology (down 9.06 per cent),

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Stocks in the news: Infibeam Avenues, Tata Motors, IL FS group stocks and SBI Life
Nifty futures on the Singapore Exchange were trading 33 points, or 0.31 per cent, down at 10,880, indicating a weak start for the Nifty50 on Tuesday.

Asian peers including Hang Seng, Nikkei and Shanghai were also trading in red in the morning trade following overnight losses on Wall Street.

The US stocks ended lower as soft economic data renewed

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MIRC Elec jumps 20% on Jhunjhunwala meet
NEW DELHI: Shares of MIRC Electronics shot up as much as 20 per cent on Tuesday after it met investors, including Rakesh Jhunjhunwala's Rare Enterprises.

In a BSE filing on Tuesday, the company put out the details of the meeting scheduled with analysts and fund managers, which had names of Rare Enterprises, Emkay Global, Florintree Advisors,

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Buzzing stocks: RCom, YES Bank, Infibeam,Infosys, RIL
NEW DELHI: Reliance Communications with over 0.65 crore shares changing hands was leading among the most traded stocks on NSE on Tuesday.

Shares of Infibeam Avenues (number of shares traded: 0.32 crore), JP Associates (number of shares traded: 0.29 crore), Punj Lloyd (number of shares traded: 0.27 crore), YES Bank (number of shares traded: 0.27

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Promoter stake case: HC refuses interim relief to Kotak Bank
The Bombay High Court declined to provide any interim relief to Kotak Mahindra Bank in its challenge of the Reserve Bank of India (RBI) order barring its promoter-managing director Uday Kotak from reducing his stake in the bank through a preference share sale.

The development led to a fall in Kotak’s share price on Monday and has opened the p

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Zee Ent takes a hit, slumps 8% on BofAML downgrade
NEW DELHI: Shares of Zee Entertainment took a severe beating of 8 per cent on Tuesday after BofAML downgraded the stock to 'Underperform'.

The financial services company called the stock valuation expensive, given the current slower growth, revising downwards its target price to Rs 375.

"Even against global peers, Zee is trading at 130 per

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Buy Zee Entertainment; target Rs 515: Kunal Bothra
Independent Analyst Kunal Bothra has a buy call on Zee Entertainment with a target price of Rs 515. The current market price of Zee Entertainment is Rs 494.3.

Time period given by analyst is Intra Day when Zee Entertainment price can reach defined target. Kunal Bothra recommended to keep stoploss at Rs 485. Zee Entertainment Enterprises,

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NEW DELHI: Strengthening rupee, narrowing trade deficit and sustained foreign fund inflows helped equity benchmarks Sensex and Nifty log gains for the fifth consecutive session on Monday.

The BSE Sensex reclaimed the 36,000-mark and settled the day at 36,270.07, up 307 points, or 0.85 per cent. Its NSE counterpart Nifty gained 83 points, or 0.77

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Share market update: Telecom shares advance; Himachal Futuristic surges 7%
NEW DELHI: Telecom shares were trading in the positive zone with the S-P BSE Telecom index up 0.72 per cent at 989.64 on Tuesday.

Shares of Himachal Futuristic Communications (up 7.16 per cent), Sterlite Technologies (up 4.81 per cent), Tejas Networks (up 3.45 per cent) and OnMobile Global (up 2.31 per cent) were the top gainers in the index.

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Buy NIIT Technologies; target Rs 1180: Dr CK Narayan
Dr CK Narayan of Chart Advise has a buy call on NIIT Technologies with a target price of Rs 1180. The current market price of NIIT Technologies is Rs 1156.35. Time period given by analyst is Intra Day when NIIT Technologies price can reach defined target. Dr CK Narayan recommended to keep stoploss at Rs 1142. NIIT Technologies, incorporated in the
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At yearend, emerging markets beholden to Fed
Central banks are cramming in their last decisions of 2018, with at least seven in emerging markets scheduled to set monetary policy this week. But none will be as closely watched as the Federal Reserve.

Most traders expect US policy makers to raise rates. The suspense centers on what Chairman Jay Powell has to say following the announcement,

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