Manas Jaiswal of manasjaiswal.com has a buy call on Page Industries Ltd. with a target price of Rs 27500. The current market price of Page Industries Ltd. is Rs 26482.25. Time period given by the analyst is Intra Day when Page Industries Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss at Rs 26,000. Page

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Good morning! Here’s a lowdown on top macro triggers that may move market on Tuesday. This report was compiled from agency feeds.

RBI, govt signal truce after 10-hour meetThe RBI board, which met for a marathon 10 hours on Monday, agreed to restructure small-scale loans with aggregate credit facilities of up to Rs 25 crore and set up a committee

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NSE launches online platform for retail investors to buy G-sec
NSE launches online platform for retail investors to buy g-sec Mumbai, Nov 19 () National Stock Exchange of India (NSE) Monday launched a mobile application and web-based platform for retail investors to buy government securities.

The new app - NSE goBID, was launched by Sebi chairman Ajay Tyagi.

The platform will allow retail investors to

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Manas Jaiswal of manasjaiswal.com has a buy call on SRF Ltd. with a target price of Rs 2175. The current market price of SRF Ltd. is Rs 2094.55 Time period given by the analyst is Intra Day when SRF Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss at Rs 2050. SRF Ltd., incorporated in 1970, is a midcap company

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Tech view: Nifty50 forms bullish hammer, faces resistance at 10,850 level
NEW DELHI: The Nifty on Monday broke above its 50-day and 200-day moving averages and ended closer to its upper end of the 10,710-10,780 resistance zone. The index made higher lows for a fourth straight session, indicating the supports were shifting higher.

The index made a 'Bullish Hammer' candle on the daily chart and is now believed to find its

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NBFC slump can be a blessing in disguise for banks: CLSA
The growth slowdown in the non-banking financial companies (NBFC) space following the liquidity crisis has been a blessing in disguise for banks, as it will help domestic lenders gain some of the space that they had lost to the shadow bankers.

“The banking system has gone through a situation where credit growth was around 5 per cent while NBFCs w

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Dr CK Narayan of Chart Advise has a buy call on Bharti Airtel Ltd. with a target price of Rs 343. The current market price of Bharti Airtel Ltd. is Rs 336.7. Time period given by the analyst is Intra Day when Bharti Airtel Ltd. price can reach the defined target. Dr CK Narayan recommended to keep stoploss at Rs 332. Bharti Airtel Ltd.,

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F O: Put writing signals Nifty-s supports shifting higher; VIX still a worry
By Chandan Taparia

The Nifty50 opened in the positive zone on Monday and extended gains towards the 10,774 level. The index closed above its 50-DEMA by forming a bullish hammer pattern on the daily chart, which indicates that every small decline was being bought.

The index has been making higher lows from the last four sessions and continued its

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Buy CESC, target Rs 810: Sharekhan
Sharekhan has a buy call on CESC with a target price of Rs 810.

The current market price of CESC is Rs 684.50.

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

Investment rationale by the brokerage: Revenue growth remains stable; Gross margin contracts slightly: During Q2FY2019, CESC reported revenue

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Dr CK Narayan of Chart Advise has a buy call on Tata Motors Ltd. with a target price of Rs 189. The current market price of Tata Motors Ltd. is Rs 184.3. Time period given by the analyst is Intra Day when Tata Motors Ltd. price can reach the defined target. Dr CK Narayan recommended to keep stoploss at Rs 180. Tata Motors Ltd., incorporated in

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Sensex climbs 318 pts, Nifty tops 10,750; key factors that led to the rally
NEW DELHI: The benchmark equity indices edged higher for a third-consecutive session on Monday led by gains in index heavyweights Reliance Industries, ITC and private banks.

Firming rupee, strong global markets and a dip in crude oil prices from day's high proved to be favourable for the investors on Dalal Street.

All eyes were on the outcome for

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Nikkei rises as chip-related stocks, SoftBank recover; financials tumble
TOKYO: Japan's Nikkei share average rebounded on Monday after investors covered their short positions on chip-related stocks, offsetting a drop in financials that were hurt by lower US yields.

The Nikkei share average ended 0.7 per cent higher to 21,821.16. Last week, the benchmark index slipped 2.6 per cent, hit by a drop in oil prices and tech

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NEW DELHI: Nifty futures on the Singapore Exchange were trading 26.50 points, or 0.25 per cent, lower at 10,755.50, indicating a negative start for the Nifty50. Here’s a list of stocks, which may hog limelight in today’s session:

YES Bank: In a third resignation from the YES Bank board, independent director Rentala handrashekhar Monday put in his

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Emaar India posts Rs 231 crore loss for H1FY19
New Delhi: Realty firm Emaar India has reported a net loss of Rs 230.87 crore in the first six months of the current fiscal on higher expenses on construction, while its net debt stood at Rs 5,707 crore in September-end this year.

Its net loss stood at Rs 339.43 crore during April-September period of last fiscal, Emaar MGF Land Friday said in a

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Asia's cash-rich firms more resilient in this year's equity selloff
Shares of cash-rich firms in Asia have weathered this year's sell-off in much better shape than key stock indexes, a Reuters analysis showed, reinforcing views that investments in companies with strong finances safeguard returns during market crises.

An analysis of top 200 Asian firms based on their cash and short-term investments showed they

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'BUY' or 'SELL' ideas from experts for Tuesday 20 November 2018
NEW DELHI: Domestic equity market is likely to open in the red on Tuesday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and mixed Asian cues.

At 8:33 am the SGX Nifty was 34 points or 0.32 per cent up at 10,748.

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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Bitcoin sinks to new 13-month low
LONDON: Bitcoin slumped to a new 13-month low on Monday, with the biggest cryptocurrency touching $5173.23 on the Bitstamp platform.

Bitcoin was last down 5.2 percent at $5270. The cryptocurrency, and other lesser coins including ethereum and XRP, endured a sell-off last week, with some blaming fears that a "hard fork" in bitcoin cash, where the

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Share market update: Telecom shares trade lower; Tata Communications slips 2%
NEW DELHI: Telecom shares were trading in the red with the S-P BSE Telecom index down 0.49 per cent at 1039.45 on Monday.

Shares of Tata Communications (down 2.43 per cent), Sterlite Technologies (down 1.86 per cent), Mahanagar Telephone Nigam (down 1.44 per cent) and GTPL Hathway (down 1.03 per cent), were trading lower.

GTL Infrastructure

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The more pronounced the fall, the steeper the subsequent rise: That seems to aptly describe the movement of the rupee against the dollar.

In the past 15 years, as Indian assets increasingly began featuring in the shopping carts of overseas investors, the local monetary unit has seen average appreciation of about 13 per cent in seven months on each

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GAIL, GETCO move NCLT seeking rejection of ArcelorMittal bid for Essar Steel
AHMEDABAD: State-run gas utility GAIL (India) and Gujarat Energy Transmission Corp (GETCO) have moved the National Company Law Tribunal (NCLT) seeking rejection of ArcelorMittal's Rs 42,000-crore takeover plan for Essar Steel, saying operational creditors have been left out in the proposal.

Last month, a committee of Essar Steel lenders picked

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NBFC stocks mixed ahead of RBI board meet
NEW DELHI: Shares of non-banking financial companies (NBFCs) were trading mixed in morning trade on Monday ahead of the much speculated Reserve Bank of India board meeting.

The board of the central bank will meet today to discuss a host of issues including the necessity for a special liquidity window for NBFCs and MSME credit to the central bank's

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Nearly two dozen companies have announced share buybacks in the past two months to support stock prices in a falling market, as their managements believe those were trading below the fair value. Though repurchase prices of some of the companies look attractive, analysts advise caution on buying stocks randomly as several recent buybacks have not

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Govt to raise up to Rs 14,000 crore through 4th tranche of CPSE ETF
The government will next week launch the fourth tranche of CPSE Exchange Traded Fund to garner up to Rs 14,000 crore, investment banking sources said. The government has already raised Rs 11,500 crore in the earlier three tranches of the ETF, which functions like a mutual fund scheme.

The issue will open early next week and investors would get

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Top intraday trading ideas for afternoon trade for Monday 19 November 2018
NEW DELHI: Equity benchmarks Sensex and Nifty50 were trading higher on Monday amid sustained buying across realty and auto stocks.

ETMarkets.com collated a list of trading ideas from various experts and here's what they had recommended for today's afternoon trade:

Chandan Taparia of Motilal Oswal SecuritiesReliance Industries is a 'Buy' call with

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MUMBAI: Many traders booked profits on their cash market positions in most of the eleven state-owned banks under the prompt and corrective action framework (PCA) as the RBI board meet continued well after market closing on Monday. This is clearly indicated by the deliverable quantity to traded quantity as a percentage being lower than the

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Telecom price wars to ease, industry blended Arpu to recover 3-5% in 2019: Fitch
KOLKATA: Competition levels in the telecom sector are set to ease significantly next year and the industry blended average revenue per user (ARPU) likely to recover some lost ground with Reliance Jio slated to pursue a less aggressive pricing strategy in calender 2019, global ratings agency, Fitch said.

“We believe industry blended ARPU -- c

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Buy Apollo Tyres, target Rs 275: JM Financial
JM Financial has a buy call on Apollo Tyres with a target price of Rs 275.

The current market price of Apollo Tyres is Rs 224.85.

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

Investment rationale by the brokerage:2QFY19 – Strong performance: At the standalone level, APTY reported net sales at

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Analysts have downgraded the financial year 2019 expected earnings per share for Nifty 50 companies by 11 per cent since the beginning of the financial year to Rs 503.8. The first quarter of the current financial year saw a downgrade of 4.2 per cent while in the second quarter it was 4.1 per cent.

CaptureAll sectors except two – technology and utilities,

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Share market update: Nifty Private Bank index in the green; YES Bank zooms 6%
NEW DELHI: Shares of Private Banks were trading higher with the Nifty Private Bank index up 0.41 per cent at 14,888.85 on Monday.

Shares of YES Bank (up 6.31 per cent), Federal Bank (up 2.94 per cent), IndusInd Bank (up 2.13 per cent) and Kotak Mahindra Bank (up 1.15 per cent) were the top performers in the index.

South Indian Bank (up 1.03 per

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Share market update: PSU Bank shares down; OBC slumps 3%
NEW DELHI: PSU Bank shares were trading in the red with the Nifty PSU Bank index down 0.79 per cent at 2,978.65 on Monday.

Shares of Oriental Bank of Commerce (down 3.32 per cent), Bank of India (down 1.93 per cent), Union Bank of India (down 0.97 per cent) and State Bank of India (down 0.95 per cent) were the top losers in the index.

Indian Bank

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