Sensex drops 50 points, Nifty50 tests 10,850; ONGC, Sun Pharma gain up to 2%
NEW DELHI: Benchmark indices opened on a tepid note on Tuesday tracking mixed cues from other Asian markets, ahead of the outcome of three-day monetary policy committee.

At 9.21 am, the BSE Sensex was trading 51.48 points, or 0.14 per cent, lower at 36,189.52. The NSE barometer fell 14.65 points, or 0.13 per cent, to 10,869.10. Both the indices

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Buy Orient Refractories, target Rs 294: HDFC Securities
HDFC Securities has a buy call on Orient Refractories (ORL) with a target price of Rs 294.

The current market price of Orient Refractories is Rs 252.95.

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

View and valuation of the brokerage: MNC status, owned by globally number two player in

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Australian, NZ stocks higher after Sino-US trade truce
Australian shares closed higher on Monday, tracking global gains as investor confidence improved following an apparent truce between leaders of the world's two largest economies over trade issues.

US President Donald Trump and his Chinese counterpart Xi Jinping agreed on the sidelines of G-20 summit held in Argentina, that the former would not

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ICEX reduces tick size of diamond contracts
Kolkata: Indian Commodity Exchange (ICEX) has reduced the tick size of all three diamond future contracts on its platform as traders were getting less opportunity to reverse their position or move out of their initial position. This has resulted in a quantum jump in average daily turnover in diamond futures on ICEX.

“We have reduced tick size of 1

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India's ETF asset size may top Rs 1 lakh crore by Dec: NSE's Vikram Limaye
NEW DELHI: India's ETF industry is in for a bright future if NSE MD and CEO Vikram Limaye's assessment is any indication.

"We expect the Indian ETF asset size to grow multi-fold over the next few years and cross Rs 1 Lakh crore before December 2018-end," Limaye said.

He was addressing the India ETF Conference 2018, organised by the National Stock

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You won&t be able to transfer physical shares from December 5
NEW DELHI: Come Wednesday and you won’t be able to transfer shares of listed companies if they are held in physical form. Markets regulator Sebi has set December 5 as the deadline from when shares of listed companies could be transferred only in demat form. Currently, along with demat shares, physical shares can also be transferred from the seller

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Buy NIIT, target Rs 94: Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a buy call on NIIT Ltd. with a target price of Rs 94. The current market price of NIIT Ltd. is Rs 85.95. Time period given by the analyst is Intra Day when NIIT Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss at Rs 82. NIIT Ltd., incorporated in 1981, is a midcap company

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F O: Options band pegs Nifty range between 10,750 11,000
By Chandan TapariaThe Nifty50 opened positive and consolidated in the 10,830-10,930 range for the second trading session on Monday. The index has been forming higher highs and higher lows on the daily scale for last five sessions, which indicated bullish momentum.

Now, it has to hold above the 10,777-10,800 zone to extend its move towards 10,929

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Share market update: FMCG shares in the green; Jubilant Foodworks climbs 6%
NEW DELHI: FMCG shares were trading in a positive terrain with the Nifty FMCG index trading 0.77 per cent up at 30,357.45 on Monday.

Shares of Jubilant Foodworks (up 6.14 per cent), Godrej Consumer Products (up 3.12 per cent), Colgate-Palmolive (India) (up 2.97 per cent) and Hindustan Unilever (up 2.42 per cent) were the top performers.

Dabur

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Bank of Baroda share price: Buy Bank of Baroda, target Rs 97: Manas Jaiswal - The TheIndianSubcontinent

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Sensex, Nifty end flat as crude oil prices surge
NEW DELHI: Indian stock market extended gains for a sixth straight session on Monday, despite profit booking at higher levels, as respite over trade war truce between the US and China were offset by jump in crude oil prices.

The stocks witnessed an early morning euphoria, thanks to the US President Donald Trump and Chinese premier Xi Jinping, who

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Oil prices surge after US, China suspend trade hostilities
SINGAPORE : Oil prices surged on Monday after the United States and China agreed to a 90-day truce in their trade war, and ahead of a meeting this week by producer club Opec that is expected to result in a supply cut.

US West Texas Intermediate (WTI) crude futures were at $53.78 per barrel at 0300 GMT, up $2.85 per barrel, or 5.6 per cent from

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HDFC Bank scrambles to fix app outage
Kolkata: A week-long outage of the mobile application at HDFC Bank has drawn sharp customer criticism, including one from Flipkart co-founder Sachin Bansal, with social media posts questioning the downtime duration for the app at India’s biggest lender by market value.

“In this day and age, how can the largest private bank of India do this!” B

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RBI panel begins 3-day meet on interest rate
The six-member Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, began its three-day policy review deliberations Monday amid expectations of status quo on interest rate.

Experts are of the view that the RBI may not change the benchmark lending rate (repo) despite moderation in economic growth and easing inflation.

In its last

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Buzzing stocks: YES Bank, Sun Pharma, Tata Steel, Maruti Suzuki
NEW DELHI: Reliance Communications with over 7.51 crore shares changing hands was leading among the most traded stocks on NSE on Monday.

Shares of YES Bank (number of shares traded: 2.65 crore), Sun Pharma (number of shares traded: 2.38 crore), JP Associates (number of shares traded: 1.42 crore), Ashok Leyland (number of shares traded: 1.41

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Buy Titan Company, target Rs 950: Dr CK Narayan
Dr CK Narayan of Chart Advise has a buy call on Titan Company Ltd. with a target price of Rs 950. The current market price of Titan Company Ltd. is Rs 935.5. The time period given by the analyst is Intra Day when Titan Company Ltd. price can reach the defined target. Dr CK Narayan recommended to keep stoploss at Rs 925. Titan Company Ltd,

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ETMGS: Alpha chasers go all out to tap Indian HNIs& ‘play capital&
NEW DELHI: As the traditional market gets increasingly regimented amid stiff regulations, alternative asset classes are picking up fast, both in terms of asset under management and wealth creation.

For the wealthy investors today, if you are not growing at a compounded 20-30 per cent annually, it is not considered good, says Jaideep Hansraj, CEO

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Buy TVS Motor Company, target Rs 640: Aditya Agarwala
Aditya Agarwala of YES Securities has a buy call on TVS Motor Company with a target range of Rs 600-640.

The current market price of TVS Motor Company is Rs 553.10.

Time period given by the analyst is two weeks when TVS Motor Company price can reach the defined target.

Aditya Agarwala recommended keeping a stoploss at Rs 525.

"On the weekly

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Sell Cipla, target Rs 522: Kunal Bothra
Independent analyst Kunal Bothra has a sell call on Cipla Ltd. with a target price of Rs 522. The current market price of Cipla Ltd. is Rs 536.1 Time period given by analyst is Intra Day when Cipla Ltd. price can reach defined target. Kunal Bothra recommended to keep stoploss at Rs 544

Cipla Ltd., incorporated in 1935, is a largecap company with

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GSK Consumer jumps over 1% on merger with HUL
Shares of GSK Consumer rose over 1 per cent on Monday on reports that Hindustan Unilever will merge with GSK Consumer for a transaction valued at Rs 31,700 crore in India's largest deal in consumer goods space.

The deal is expected to be wrapped up in 12 months. The all-equity merger deal includes an exchange ratio of 4.39 HUL shares for each GSK

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Sensex climbs 200 pts, Nifty above 10,900; Sun Pharma plunges 9%
NEW DELHI: Domestic benchmark indices jumped in Monday's after the US, following President Donald Trump’s meeting with China’s Xi Jinping on the sidelines of G20 meet, decided to halt tariffs on $200 billion worth of Chinese goods, easing trade tensions.

Gains, however, were limited as a sharp surge in crude oil prices overseas weighed on the

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Metropolitan Stock Exchange: MSE gets Sebi nod for weekly options on currency products - The TheIndianSubcontinent

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Trade war truce triggers surge in European shares
LONDON: Miners, autos, tech, and oil stocks all surged on Monday, driving Europe's main benchmarks up strongly after US and Chinese leaders agreed a temporary truce in an ongoing trade war which has roiled global financial markets.

Germany's DAX - the most sensitive to China and trade war fears - led the way with a 2.5 per cent rise, hitting its

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Buy Godrej Properties, target Rs 700: Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a buy call on Godrej Properties Ltd. with a target price of Rs 700. The current market price of Godrej Properties Ltd. is Rs 659.85. Time period given by the analyst is Intra Day when Godrej Properties Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss at Rs 640. Godrej

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After Market: 77 stocks giving bullish signals ones that topped 200 DMAs
NEW DELHI: Domestic equity benchmarks remained in the positive territory on Monday, treading the lines of Asian peers that made merry after a truce in the trade war between the US and China.

Japan’s Nikkei surged to a seven-week high, China’s Shanghai SE Composite Index and the Hang Seng of Hong Kong jumped over 2 per cent each.

Sensex and Nifty r

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Share market update: Telecom shares mixed; Reliance Communications surges 14%
NEW DELHI: Telecom shares were trading mixed with the S-P BSE Telecom index up 1.04 per cent at 1002.09 on Monday.

Shares of Reliance Communications (up 14.16 per cent), Himachal Futuristic Communications (up 2.75 per cent), Bharti Airtel (up 1.90 per cent) and Vodafone Idea (up 0.42 per cent) were the top performers in the index.

Reliance

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Share market update: Auto shares mixed; Motherson Sumi jumps 4%
New Delhi: Auto shares were trading mixed with the Nifty Auto index up 0.04 per cent up at 9274.1 on Monday.

Mahindra - Mahindra reported 16 per cent increase in total sales at 45,101 units in November, while Maruti Suzuki reported marginal decline in sales at 1,53,539 units for the month of November.

Also, Tata Motors reported 3.8 per cent

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Tech view: Nifty50 forms small bearish candle; analysts neutral
NEW DELHI: The Nifty50 rose for the six consecutive session on Monday, but showed signs of fatigue as it formed a small bearish candle on the daily chart for the second session. Analysts have neutral to positive stance on the index, for now.

A small bodied negative candle was formed on Monday at the new swing high of 10,940, which indicates a

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D-Street invites tech innovators to help growth-hacking
Top honchoes of India’s financial markets have extended an open invitation to fintech innovators to help them expand reach, innovate products and make customer services more efficient.

Participating in a panel discussion at the ETMarkets Global Summit 2018, Raamdeo Agrawal, Co-founder, Motilal Oswal Financial Services, said the market has often

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Buy Ajanta Pharma, target Rs 1225: Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a buy call on Ajanta Pharma Ltd. with a target price of Rs 1225. The current market price of Ajanta Pharma Ltd. is Rs 1164.9 Time period given by analyst is Intra Day when Ajanta Pharma Ltd. price can reach defined target. Manas Jaiswal recommended to keep stoploss at Rs 1140

Ajanta Pharma Ltd., incorporated

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