DHFL shares rally 3% on Rs 1,775 crore CP repayment
NEW DELHI: Shares of housing finance company DHFL rallied over 3 per cent in early trade on Tuesday after the company said it has repaid commercial papers (CP) worth Rs 1,775 crore.

The scrip was trading 3.07 per cent up at Rs 229.35 at around 9.25 am (IST), while the BSE Sensex was up 0.46 per cent at 35,110.

According to the housing finance

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Nikkei falls as fast retailing weighs; market cautious before US midterm elections
TOKYO: Japan's Nikkei fell on Monday morning as budding hopes of a resolution to the US-China trade war faded, while shares of index-heavy Fast Retailing tumbled after dismal monthly sales data.

The Nikkei share average dropped 1.6 per cent to 21,898.99, pulling back from a two-week high on Friday when investors cheered signs that Beijing and

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Eight of top-10 firms gain Rs 1.69 lakh cr in m-cap; TCS, SBI shine
New Delhi: Eight of the 10 most valued Indian firms together added Rs 1.69 lakh crore in market capitalisation last week, led by Tata Consultancy Services (TCS) and SBI.

A strong broader market drove the market capitalisation (m-cap) of the eight blue-chip firms, including ICICI Bank, HDFC and RIL, higher by Rs 1,69,865.11 crore for the week ended

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Why RBI is not comfortable with a more active board
MUMBAI: An active board seeking a say in bank regulation has thrown up questions about conflict of interest, given the presence of industrialists on the board of the Reserve Bank of India (RBI).

Traditionally, the RBI board had a strong presence of eminent industrialists like Ratan Tata, N R Narayana Murthy and Azim Premji. It has also included

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Top intraday trading ideas for afternoon trade for Monday 5 November 2018
NEW DELHI: Equity benchmarks Sensex and Nifty50 were trading in the red around 11:44 am on Monday 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:

Kunal Bothra independent market expertGodrej Industries is a

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By Katherine ChiglinskyThe world’s most famous stock-picker showed a growing appetite for equities in the third quarter -- including a rare move to buy his own firm’s shares. Now, October’s market slide opens the door for Warren Buffett to finally make a dent in his giant pile of cash.

Berkshire Hathaway Inc.’s chairman poured more money into s

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Buzzing stocks: PC Jeweller, SBI, Cipla, Tata Motors, RIL
NEW DELHI: PC Jeweller, with over 2.14 crore shares changing hands was leading among the most traded stocks on NSE early Tuesday.

SBI (number of shares traded: 1.29 crore), Tata Motors (number of shares traded: 1.26 crore), Reliance Communications (number of shares traded: 1.19 crore), Uttam Value (number of shares traded: 0.98 crore), Infibeam

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Money alone can&t create wealth for you on D-Street: Vijay Kedia
NEW DELHI: Large capital alone cannot create wealth for you in the stock market, unless you understand the mechanics of the market. This piece of advice comes from renowned value investor Vijay Kedia.

“You need to know the nitty-gritty of the market to make money on Dalal Street. Even if you are backed by money, there is no guarantee you are

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5 factors that can steer market in a holiday-truncated week
NEW DELHI: Benchmark equity indices made a smart comeback last week as tensions over US-China trade war and a likely crude output disruption post Iran sanctions eased and the rupee rebounded to below the 73 level.

Sensex surged 1,662.34 points or 5 per cent for the week to 35,011.65 while the NSE barometer Nity50 soared 523 points, or 5 per cent,

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Amid face-off, government reiterates it won&t ask Urjit to quit
New Delhi: The government on Monday sought to calm the recent hostility with the Reserve Bank of India and reiterates differences with the central bank had been there before and governor Urjit Patel would not be pushed out.

“Differences between the government and the apex bank are not unprecedented but a common occurrence with several governments

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Brokerages see spike in ONGC stock post Q2 data; Should you buy
Shares of ONGC were in the green early Monday after the company on Saturday reported a 61 per cent jump in its September quarter net profit as higher prices offset a drop in oil production.

The scrip was 1.65 per cent up at Rs 159.95 at around 9.50 am today. The BSE Sensex was up 0.01 per cent at 35,014 at around the same time.

Net profit jumped

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ONGC reports 61% jump in net profit at Rs 8,265 crore in Q2
NEW DELHI: ONGC on Saturday reported 61.08 per cent year-on-year (YoY) jump in net profit at Rs 8,264.61 crore for September quarter.

The oil major had reported Rs 5,130.74 crore profit in the year-ago quarter.

Revenue from operations came in at Rs 27,989.17 crore for the quarter, up 47.58 per cent over Rs 18,964.85 crore the state-run firm

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Depositors hit by NSEL scam rewarded with 0.74% restitution after four years
By Chirag M Shah

The last ever payout made to investors who lost money in the NSEL scam was way back in October 2014. Till that time, commodities market regulator FMC used to monitor the payouts. Since the government rescinded the original June 2007 gazette notification, which midwifed the birth of NSEL, in September 2014, FMC had no role to play

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Share market update: FMCG shares trade mixed; Jubilant Foodworks dips nearly 2%
NEW DELHI: The Nifty FMCG index was trading 0.74 per cent down at 28,624.55 around 12:10 pm on Monday with its components trading on a mixed note.

Shares of Procter - Gamble Hygiene - Healthcare (up 1.80 per cent), Britannia Industries (up 1.55 per cent), Marico (up 0.71 per cent), GlaxoSmithKline Consumer Healthcare (up 0.47 per cent)

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In our previous weekly note, we had mentioned that despite the structural damage caused, equities might witness a technical pullback. The 10,026 level, which was the 100-week moving average last week (which is 10,050 currently), acted as a support for the index. The benchmark Nifty50 index witnessed a technical pullback and ended the week with 523

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ETMarkets.com|

Updated: Nov 05, 2018, 12.52 PM IST

Pharma 1 - GettyThe company had reported Rs 422.39 crore profit in the same quarter last year.
NEW DELHI: Drug maker Cipla on Monday reported a 10.78 per cent year-on-year (YoY) drop in consolidated net profit at Rs 377.05 crore for the September quarter, falling short of Rs 450 crore estimate projected by analysts

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Share market update: Pharma shares fall; Divi's Lab, Aurobindo Pharma shares in the red
NEW DELHI: Pharma shares were trading in the red with the Nifty Pharma index trading 0.08 per cent down at 9,540.5 around 11:02 am on Monday.

Shares of Divi's Laboratories (down 1.47 per cent), Aurobindo Pharma (down 0.95 per cent), Biocon (down 0.83 per cent) were the top losers in the pharma pack.

Glenmark Pharmaceuticals (down 0.60 per cent), D

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​The week that was in 10 stocks: DHFL, Adani, Tata Power and jewellery plays
NEW DELHI: The week gone by was one of rebound for global financial markets, and the domestic bourse was no exception.

The Sensex gained 1,662 points, or 5 per cent, for the week to 35,011 level, after logging two weekly losses, while Nity50 soared 523 points, or 5 per cent, to 10,553.

There was optimism in global markets over renewed efforts to

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Buy, sell or hold: Ten ways to trade the US election
NEW YORK: Buy the dollar but sell FAANGs, buy real estate and machinery, but sell the overall market. Or, do nothing at all.

Investors heading into Tuesday's US congressional elections are trying to fathom how best to predict the outcome and profit from it.

After two years of wielding no practical political power in Washington, the Democratic

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ETMarkets.com survey: Cautious on equity, hot on debt gold, cold on realty
Samvat 2074, the Hindu accounting calendar that ends on Diwali, was a tough year for Indian stock investors. While the first few months of the year saw the market soar to unbelievable valuations, it witnessed a significant correction and came down sharply over the past few months.

At the dawn of a new Samvat year, 2075, analysts are not giving

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Cadila Healthcare Q2 profit drops 17% to Rs 417 cr, margins fall 310 bps
NEW DELHI: Cadila Healthcare on Saturday reported a 17.04 per cent year-on-year drop in net profit at Rs 417.50 crore for September quarter.

The drug maker had reported Rs 503.30 crore profit in the corresponding quarter last year.

Net sales for the quarter fell 9.5 per cent to Rs 2,844.10 crore compared with Rs 3,142.90 crore in the year-ago

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Housing finance lenders facing liquidity stress: Official
India's non-banking housing finance companies are facing liquidity stress, Corporate Affairs Secretary Injeti Srinivas said on Monday.

Srinivas said the finance companies need to review their funding model so that they can aim for sustainable growth.

A string of defaults at an NBFC, Infrastructure Leasing and Financial Service Ltd (IL-FS),

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Share market update: IT shares trade in the green; Infibeam surges 8%
NEW DELHI: IT shares were trading higher with the Nifty IT index trading 0.34 per cent up at 14,445.4 around 10:51 am on Monday.

Shares of Infibeam Avenues (up 8.21 per cent), Tata Elxsi (up 2.79 per cent), NIIT Technologies (up 2.32 per cent) and MindTree (up 1.34 per cent), were the top gainers in the index.

Tech Mahindra (up 1.24 per cent),

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View: Can central banks survive onslaught of populists
By Mihir SharmaIs central bank independence the next casualty of the age of populism In the US, President Donald Trump has declared that the Federal Reserve is “going loco.” He blames Fed Chairman Jerome Powell for threatening “his” recovery and for market volatility caused in part by uncertainty over the trade war Trump himself started.

In

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Share market update: PSU Bank shares surge; Union Bank of India up around 4%
NEW DELHI: PSU Bank shares were trading higher with the Nifty PSU Bank index 1.98 per cent up at 2,980.95 around 12:28 pm on Monday.

Shares of Union Bank of India (up 3.76 per cent), Oriental Bank of Commerce (up 3.11 per cent), State Bank of India (up 2.28 per cent) and Indian Bank (up 1.77 per cent) clocked decent gains.

Bank of India (up 1.31

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Cipla, GAIL, Power Grid, SBI Q2 results today; what to look for
As many as four Nifty companies such as Cipla, GAIL, Power Grid and State Bank of India are slated to announce their financial results for the quarter to September on Monday.

Shares of Cipla, GAIL and SBI were up 0.41 per cent, 1.48 per cent and 1.19 per cent at Rs 611, Rs 374.50 and Rs 288.85, respectively, in morning trade. Power Grid was down

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The week gone by began with a bang and on a positive note, with the Nifty50 showing signs of hope after the massive carnage in the previous week. Everyone had a consensus view that Nifty will break the 10,000 level on the back of continued FII selling and short rollovers in the new series.

But markets are unpredictable, and seldom follow

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Mentha oil falls 0.74 per cent on fall in demand
NEW DELHI: Mentha oil prices came down by 0.74 per cent in futures trading Monday as speculators reduced exposure amid fall in demand from consuming industries in the domestic spot market. Besides, ample stocks on higher supplies form major growing belts of Chandausi in Uttar Pradesh, too, weighed.

At Multi Commodity Exchange, mentha oil to be

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Share market update: Realty shares up; Indiabulls Real Estate rises 2%
NEW DELHI: Realty shares were trading in the green with the Nifty Realty trading 0.66 per cent up at 222.75 around 10:40 am on Monday.

Shares of Indiabulls Real Estate (up 2 per cent), DLF (up 1.59 per cent), Godrej Properties (up 1.26 per cent) and Prestige Estates Projects (up 1.04 per cent) clocked decent gains.

Phoenix Mills (up 0.56 per

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By Eric Roston and Andre Tartar

The sixth-biggest cause of death globally is small-particle pollution, chemical specks that enter the lungs and can contribute to cardiovascular diseases, lung cancer, and infections. It led to more than 4 million deaths in 2016. Ninety-nine per cent of children 5 years old and younger in South and East Asia breathe

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