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Unions urge Coal India employees not to subscribe to company shares
Coal sector trade unions opposing the dilution of the government stake in Coal India has urged the employees against participating in the ongoing five per cent offer for sale (OFS) meant for employees.

The OFS of five per cent or 99,00,196 shares to employees at Rs 254.22 after discount opened Monday and will remain open till November 15.

"We

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Smallcap hunters: Will Jai Balaji Industries reward investors again
By Arun Mukherjee - Soumya Malani

(Kolkata’s Arun Mukherjee, a college dropout by choice, and Soumya Malani, a London School of Economics passout, have come to be known as smallcap aficionados in India’s investor community. They would show up at most AGMs, visit the remotest factories of a company and go chasing end-users to understand their exp

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7 factors that may sway your market next week
New Delhi: Stocks lost nerve and ended last week on a negative note, in line with weak global cues, as the US Fed signalled its intent to go for a rate hike as early as next month.

The BSE Sensex closed down 79 points, or 0.22 per cent, at 35,158 while NSE’s Nifty dropped 13 points, or 0.12 per cent, at 10,585 on Friday.

A warning by Moody’s I

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Check out what top five mutual funds bought sold during October selloff
NEW DELHI: Mutual funds stood resilient as industry’s asset base increased to Rs 22.23 lakh crore in October in spite of a heavy correction in the domestic equity market. The benchmarks Sensex and Nifty witnessed heavy selling pressure during the month on rising crude oil prices, falling rupee and spike in the US bond yields. A series of defaults
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Share market update: FMCG stocks trade higher; Tata Global Beverages up 3%
NEW DELHI: The Nifty FMCG index was trading 0.12 per cent up at 28,765.2 around 12:51 pm on Monday with most its components trading in the green.

Shares of Tata Global Beverages (up 3.20 per cent), United Spirits (up 1.49 per cent), Dabur India (up 1.05 per cent) and Godrej Consumer Products (up 0.89 per cent) were the top performers in the

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Wall Street Week Ahead: Investors focus on retailers as wages rise
US companies are warning about rising wages eating into profit margins, increasing investor worries that next year's expected drop in profit growth may be sharper than feared.

Amidst overall strong quarterly results, climbing labour costs are a growing concern, with more than a dozen companies in the S-P 500 mentioning them in conference calls

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Coffee Day Enterprises down 1% amid rejig buzz
NEW DELHI: Shares of Coffee Day Enterprises fell 1 per cent in Monday’s trade after ET NOW reported that Cafe Coffee Day (CCD) was planning to restructure its business by demerging all non-coffee businesses into a separate arm. The restructuring may be announced along with the Q2 earnings, ET Now reported.

The company is expected to announce its

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The previous trading session on Friday saw the markets not making major moves as it oscillated in a defined and limited range and ended with minor losses.

After opening on a negative note, the markets soon recovered all its opening losses. Thereafter, the Nifty spent the session moving back and forth in a 50-odd point range. While making no major

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Tripura govt to start talks to buy IL FS shares of Palatana project: Minister
The Tripura government will soon start dialogue for purchase of 26 per cent equity shares of the Palatana gas thermal power project from the Infrastructure Leasing and Financial Services (IL-FS).

The 726.6 mw gas based power project, run by ONGC Tripura Power Company (OTPC), was formally started in 2014 as a joint venture of the ONGC, the

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Jamna Auto Q2 profit up 21% at Rs 35 crore
Jamna Auto Industries Monday reported 20.62 per cent increase in consolidated net profit at Rs 35.51 crore for the second quarter ended September 30. The company had posted a net profit of Rs 29.44 crore in the same quarter of the previous fiscal, Jamna Auto said in a regulatory filing.

Revenue from operations during the reported quarter stood at

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Reliance Insurance plans to file fresh IPO papers
New Delhi: Reliance General Insurance, part of Anil Ambani-led Reliance, plans to file fresh papers with Sebi to float an initial public offer as the regulatory approval for the insurer's IPO is set to lapse this month, merchant banking sources said.

The company failed to tap primary markets as lack of investors' appetite for the IPO, and volatile

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This money manager says 3Cs behind selloff gone; itbuying season on D-St
Investors on Dalal Street should not panic and continue to invest in equities systematically to achieve their life goals, as a major correction in the domestic equity market seems to be over for now, says Sampath Reddy, Chief Investment Officer, Bajaj Allianz Life Insurance.

The market witnessed severe correction since August-end, creating an

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China stocks end higher as govt supports share buyback plans
HONG KONG: Stocks in China snapped a five-session losing streak to end higher on Monday, after the securities regulator said it will make it easier for companies to buy back shares. The news lifted smaller-cap stocks, which have been under pressure with pledged share financing as the equity market tanked in October.

The Shanghai Composite index

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Tweet Buster: Softer oil, MF flows cheer; Here is what analysts say
NEW DELHI: The festive cheer this Diwali week seems to have rubbed off on the bulls on Dalal Street, too.

On a weekly basis, domestic benchmark indices managed to settle higher for the second straight week.

Top investors treaded with care, with the simple message to stay put. The biggest respite is oil, which tumbled below $70 to multi-month

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The week that was in 10 stocks: Takeoff for airline stocks, Airtelwoes and other stories
Value buying in Diwali Muhurat Trading on Wednesday helped the benchmark equity indices settle the truncated week in the green. Softening crude oil prices and a strengthening rupee further supported the market sentiment later in the week, helping BSE Sensex end the week 146 points, or 0.42 per cent, higher at 35,158, while NSE’s Nifty rose 32
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Street Smart: Guess the Stock Contest-IV
Hereunder, we offer you cues about a business that has an interesting story to tell. You can name the stock in the comment section below this article along with your email ID and the one who gives the first right answer wins a branded bag from ETMarkets.com. The results of this content will be declared by next week. The answer to last Guess the
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FPIs infuse Rs 4,800 cr in just 5 sessions!
New Delhi: Foreign investors have pumped in nearly Rs 4,800 crore into the Indian capital markets in the last five trading sessions amid cooling global crude oil prices and a rising rupee after pulling out hefty funds in October.

The recent infusion follows a net outflow of more than Rs 38,900 crore in October, which was the steepest withdrawal in

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SOBHAnet profit grew by 22.1% for Q2 FY19
Bengaluru: Real estate developer SOBHA net profit grew robustly by 22.1 per cent to Rs 61.4 crore for the second quarter of the current financial year as compared to the corresponding quarter in last fiscal, led by strong EBITDA margin expansion.

The firms topline grew by 1.9 per cent y-o-y to Rs 658.7 crore in Q2 of FY 19, led by 78.0 per cent

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Nikkei edges up in choppy trade, defensive shares outperform
TOKYO: Japan's Nikkei edged up in choppy trade on Monday as buying of cheapened stocks was largely offset by cautious sentiment driven by weakness on Wall Street and falling U.S. tech shares.

The Nikkei share average gained 0.1 percent to 22,269.88 after trading lower in early deals. The benchmark index fell to as low as 22,046.29, but traders

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Five of top 10 companies add Rs 26,157 cr in m-cap
New Delhi: Five of the 10 most valued Indian companies together added Rs 26,157 crore in market capitalisation last week, with Reliance Industries (RIL) emerging as the top gainer.

The gainers list also included HDFC Bank, HUL, ICICI Bank and Maruti Suzuki India while ITC, HDFC, Infosys and State Bank of India (SBI) suffered losses in their market

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By DK AggarwalDK-snip-100

The nearly 20 per cent fall in crude oil prices in recent days from their highs offers relief to global investors in the sense that it could lower the energy-led inflation in the global economy and may prompt major central banks to go slow, either in limiting bond purchases or in the planned interest rates hikes.

Worries have

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Festive High! Midcaps get mojo back between Dussehra Diwali
Midcaps and smallcaps are slowly coming out of the cold. At least, the period between Dussehra and Diwali (October 19 to November 7) is a pointer to that.

During this window, the BSE Midcap index (up 5.61 per cent) won hands down beating BSE Smallcap (up 3.57 per cent) and the benchmark Sensex (up 2.69 per cent). But so far this year, both midcap

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Oversupply worries mount for oil; G20 summit a key trigger for gold
By Pritam Kumar Patnaik

International oil prices tumbled this week because of concerns that an economic slowdown may curb fuel demand growth, which overshadowed the reintroduction of sanctions on Iran. Expectations of an economic slowdown in coming months outweighed supply-side risks to crude markets from the US sanctions, which started on Monday.

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In our previous weekly note, we had written the market is unlikely to make any major headway during the truncated week. Much on the expected lines, Nifty50 spent the week in a narrow range and showed no directional bias. The benchmark index headed nowhere and finally ended the week flat, gaining 32.20 points or 0.31 per cent, on a weekly basis. graph 1

The

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Share market update: Power shares fall; Siemens down 4%
NEW DELHI: Power shares were trading in the red with the S-P BSE Power index down 1.44 per cent at 1949.05 around 02:04 pm on Monday.

Shares of Siemens (down 4.14 per cent), Torrent Power (down 3.93 per cent), GMR Infrastructure (down 3.27 per cent) and JSW Energy (down 3.11 per cent) were trading in the red.

Adani Power (down 2.60 per

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A Santa rally and stellar 2019: Why Asia is making right noises
A $4.3 trillion wipeout in Asian equity markets hasn’t stopped the chief investment officer for Asia Pacific at Allianz Global Investors from making an optimistic call: the region’s shares may rally into December and outperform their US peers in 2019.

To Raymond Chan, the elements needed for a year-end rebound are a hand shake between the US and

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The week gone by kept everyone submerged in the festive mood, and so was the market. Everyone seems to be suggesting that the worst is over, and this is golden time to invest in equity. The majority is confident that the Nifty will not fall below the 10,000 mark. Such commentaries have been triggered by a 20 per cent drop in crude oil prices, a
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Share market update: Nifty metal index trades flat; Tata Steel up 2%
NEW DELHI: The Nifty Metal index was trading 0.11 per cent down at 3,428 around 01:03 pm on Monday with most of its components trading on a mixed note.

Shares of Jindal Stainless (Hisar) (up 2.47 per cent), Tata Steel (up 2.36 per cent), JSW Steel (up 0.98 per cent) and Steel Authority of India (SAIL) (up 0.91 per cent) were trading higher.

NMDC

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Oil short sellers make a comeback as OPEC moves to centrestage
The oil bears are back, and they’re looking at OPEC before making their next move.

While money managers slashed bets on rising West Texas Intermediate crude prices for a ninth week in their longest retreat on record, short-selling jumped to the highest in more than a year. The rapid shift in sentiment sets the stage for an OPEC meeting on Sunday

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Sensex, Nifty end lower on weak global cues
MUMBAI: Domestic benchmark indices ended on a negative note after a choppy session Friday amid weak global cues as the US Fed hinted at a rate hike next month. The Sensex fell 79.13 points, or 0.22 per cent, to close at 35,158.55. The broader Nifty lost 13.20 points, or 0.12 per cent, to end at 10,585.20.

According to analysts, market was

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