Buy DCB Bank, target Rs 162: Dr CK Narayan
Dr CK Narayan of Chart Advise has a buy call on DCB Bank Ltd. with a target price of Rs 162. The current market price of DCB Bank Ltd. is Rs 156.4. Time period given by the analyst is Intra Day when DCB Bank Ltd. price can reach the defined target. Dr CK Narayan recommended to keep stoploss at Rs 153 DCB Bank Ltd., incorporated in 1995, has a

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Driving luxury cars has aspirational value for some, but investors globally are increasingly finding it difficult to ascribe premium valuation to the stocks of high-end car makers. And in some cases, pure commodity companies such as steel makers are perceived to be more valuable.

The average 2018 price-earnings (P/E) multiple of the top 10 car

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Share market update: Pharma shares trade in green; Biocon surges 3%
NEW DELHI: The Nifty Pharma index was trading 0.19 per cent up at 9,668.3 around 11:32 am on Monday with most of its components trading in green.

Shares of Biocon (up 2.47 per cent), Aurobindo Pharma (up 1.40 per cent), Cadila Healthcare (up 0.90 per cent) and Lupin (up 0.73 per cent), were the top gainers in the index.

Piramal Enterprises (up

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Buy TVS Motor Company, target Rs 547: Dr CK Narayan
Dr CK Narayan of Chart Advise has a buy call on TVS Motor Company Ltd. with a target price of Rs 547. The current market price of TVS Motor Company Ltd. is Rs 536.05 Time period given by the analyst is Intra Day when TVS Motor Company Ltd. price can reach the defined target. Dr CK Narayan recommended to keep stoploss at Rs 528. TVS Motor Company

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Sensex falls 200 points, Nifty50 below 10,200; Asian Paints cracks 6%
NEW DELHI: Domestic equity benchmarks registered a gap-down opening on Tuesday as the 30-share Sensex plunged 274 points and Nifty touched 10,152 in early trade tracking weakness in Asian peers and rupee's fresh fall against the US dollar.

Asian shares edged lower on Tuesday as earnings season nerves in the US dented Wall Street, while a cocktail

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NSEL scam: Investors may get back some dues
Investors are set to get back some of their dues for the first time in Rs 5,600 crore NSEL scam, according to an ETNow report quoting sources.

The competent authority has asked brokers to give an undertaking to start distribution, the report stated.

It's learnt that around Rs 35 crore have been marked to the competent authority’s account to be f

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HCL Tech set to report Q2 results today; what to track
IT major HCL Technologies is poised to report its financial results for the September quarter on Tuesday.

There are expectations that headwinds from wage hikes and seasonal softness in product business will offset tailwinds from rupee depreciation. However, for the IT sector, July-September has been another quarter of currency volatility.

During

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Buzzing stocks: Infibeam Avenues, JP Associates, Asian Paints, Indiabulls Housing Finance, RIL
NEW DELHI: JP Associates, with over 1 crore shares changing hands, was leading among most traded stocks on NSE early Tuesday.

Infibeam Avenues (number of shares traded: 0.77 crore), Dewan Housing (0.63 crore), Reliance Communications (0.63 crore), YES Bank (0.45 crore) and GMR Infra (0.30 crore) also featured among the most traded stocks on NSE.

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Share market update: FMCG shares trade mixed; United Spirits dips 3%
NEW DELHI: FMCG shares were trading mixed with the Nifty FMCG index trading 0.29 per cent up at 28,927.75 around 11:18 am on Monday.

Shares of Marico (up 1.90 per cent), ColgatePalmolive (India) (up 1.85 per cent), Dabur India (up 1.43 per cent), United Breweries (up 0.84 per cent) and Procter - Gamble Hygiene - Healthcare (up 0.54 per

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DHFL makes a turnaround, climbs 9% after early fall
NEW DELHI: Shares of Dewan Housing Finance Corporation (DHFL), which was a key trigger of the recent NBFC crisis, jumped 9 per cent today, but not before hitting a fresh 52-week low earlier in the morning.

The stock climbed to Rs 206.90 after tumbling 6 per cent to Rs 179 on Tuesday.

There are reports that the company's arm is looking to sell its

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Rise, fall and suspense: Bitcoin's wild first decade
LONDON:From its birth in an anonymous, academic style paper to one of the world's most volatile and closely watched financial instruments, bitcoin has lived through a tumultuous first 10 years.

Here is a look back at some of the trials and tribulations of the world's most popular virtual currency as it stands on the brink of either mass market

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Talking Stock: ONGC, CDSL are stocks to hold for the long term
G CHOKKALINGAMMD, Equinomics Research - Advisory

I am holding 840 shares of CDSL at Rs 390 from July 2017 and 180 shares of Rain Industries at Rs 345. I am in a huge loss. Please advise on the future of these two stocks. —NEERAJ GUPTAPlease hold CDSL for the long term. It is engaged in almost perennially growing business and after recent

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Share market update: Auto shares trade mixed; Tata Motors rises 2%
NEW DELHI: Auto shares were trading mixed with the Nifty Auto index trading 0.01 per cent up at 8,701.5 around 10:37 am on Tuesday.

Shares of Tata Motors (up 2.34 per cent), Tata Motors (DVR) (up 2.10 per cent), Motherson Sumi Systems (up 0.70 per cent), Bharat Forge (up 0.54 per cent) and Apollo Tyres (up 0.34 per cent) were the top gainers in

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10 top losers stocks of Tuesday's early session
NEW DELHI: The domestic equity benchmark BSE Sensex was trading 176.89 points down at 33,957.49 on Tuesday around 09:25 am on account of selling in frontline bluechip counters.

Shares of Atishay (down 19.35 per cent), Wall Street Finance (down 17.86 per cent), Restile Ceramic (down 14.00 per cent), Thangamayil Jewellery (down 12.86 per cent), G V

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Share market update: IT stocks trade in red;Infibeam Avenues plunges 8%
NEW DELHI: IT shares were trading lower with the Nifty IT index trading 0.32 per cent down at 14,431.15 around 11:06 am on Monday.

Shares of Infibeam Avenues (down 7.72 per cent), MindTree (down 2.88 per cent), Tech Mahindra (down 2.07 per cent) and Tata Elxsi (down 0.85 per cent) were the major laggards in the index.

Oracle Financial Services

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Lakshmi Vilas Bank soars 7% on investor shortlist for controlling stake
NEW DELHI: Shares of Lakshmi Vilas Bank surged over 7 per cent in Tuesday’s trade after ET reported that five financial investors, including Blackstone Group, Bain Capital and TPG Capital Management, have been shortlisted to buy a controlling stake in the lender.

Baring Private Equity Asia and home-grown Gajja Capital are the two other contenders

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CBI versus CBI: Modi Government in damage control mode
The country’s premier investigation agency, the Central Bureau of Investigation, is facing the biggest credibility crisis ever since it was formed as a special police force in 1941. At the centre of the controversy are two highranking officials — special director Rakesh Asthana and director Alok Verma.

In a first of sorts, the CBI has registered a

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Asian Paints Q2 results today; What to look for
Shares of Asian Paints dropped into the red ahead of its financial results for the September quarter on Monday.

The scrip was down 0.78 per cent at Rs 1,228.30 at around 9.40 am. The BSE Sensex was up 0.32 per cent at 34,426.

There are expectations that demand improvement post GST rate reduction would lead to a double-digit volume growth for

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NEW DELHI: The bears seem to have gained an upper hand on Dalal Street. A sharp drop in the Nifty50 over the past three days has pushed the index below the 10,250 mark, making traders wonder whether it is headed for sub-10,000 level.

But technical charts are giving mixed signals across counters. At Monday’s close, momentum indicator moving a

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Sell Tata Steel, target Rs 525: Kunal Bothra
Independent analyst Kunal Bothra has a sell call on Tata Steel Ltd. with a target price of Rs 525. The current market price of Tata Steel Ltd. is Rs 544.95. Time period given by the analyst is Intra Day when Tata Steel Ltd. price can reach the defined target. Kunal Bothra recommended to keep stoploss at Rs 562 Tata Steel Ltd., incorporated in

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Share market update: Nifty Auto index trades flat; Ashok Leyland rises 2%
NEW DELHI: The Nifty Auto index was trading flat at 8,697.9 around 10:50 am on Monday with most of its components trading in green.

Shares of Ashok Leyland (up 2.13 per cent), Motherson Sumi Systems (up 1.93 per cent), Eicher Motors (up 1.93 per cent) and Exide Industries (up 1.63 per cent) were the top gainers in the index.

Bosch (down 3.04 per

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Share market update: Nifty Bank index trades flat; RBL Bank, IndusInd Bank up 3%
NEW DELHI: The Nifty Bank index was trading 0.18 per cent down at 25,032.50 around 10:22 am on Tuesday with most of its components trading in the green.

Shares of RBL Bank (up 2.46 per cent), IndusInd Bank (up 2.46 per cent), YES Bank (up 1.44 per cent) and Axis Bank (up 1.30 per cent) were among the top gainers.

Kotak Mahindra Bank (down 0.97

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12 stock ideas that can potentially deliver decent gains over 3 weeks
NEW DELHI: Snapping a losing stream of two consecutive sessions, equity benchmarks Sensex and Nifty saw a positive opening on Monday after its Asian peers rebounded amid geopolitical concerns around Saudi Arabia, Italy and Brexit.

A fresh spell of buying across select bank and financial stocks lifted the market. But IT, auto, metal and telecom

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10 smallcaps from this sector rose 70% in 34 sessions; worth a look
The last 34 sessions turned to be a disaster for the domestic equity market, as market capitalisation of the BSE-listed firms declined by nearly Rs 21 lakh crore till October 18.

Smallcaps took a heavy beating, with the BSE Smallcap index falling 17 per cent between August 29 and October 17. The Sensex and BSE Midcap index retreated 10 per cent

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Asian Paints drops 6% on tepid September quarter earnings
NEW DELHI: Shares of Asian Paints dropped nearly 6 per cent in Tuesday’s trade following a less-than-expected second quarter Ebitda and profit growth reported by the company.

Ebitda and profit declined 2.1 per cent and 3.8 per cent YoY, respectively, for the quarter. Data showed that even as the company reported double-digit growth in domestic

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Piramal Enterprises rallies as company denies loan default buzz
NEW DELHI: Shares of Piramal Enterprises were trading higher after the company on Sunday said it “strongly refutes baseless rumours” regarding loan defaults by real estate developers to its lending arms Piramal Capital - Housing Finance.

The scrip gained as much as 4 per cent to Rs 1977.65 on BSE.

In a regulatory filing, the company said it

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Jet Airways plunges 5% on staff layoffs, financial woes
NEW DELHI: Shares of India’s second-biggest airline Jet Airways plunged over 5 per cent in morning trade on Monday amid reports of the firm being in a financial soup.

The private airline is trimming its workforce and operations further as it battles its worst financial crisis.

As per a report published in ET, at least 15 people at manager or

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10 top gainers stocks of Tuesday's early session
NEW DELHI:The domestic equity benchmark BSE Sensex was trading 138.33 points down at 33,996.05 on Tuesday around 10:05 am on account of selling in frontline bluechip counters.

Shares of Raj Packaging (up 19.31 per cent), Ajanta Soya (up 17.80 per cent), Cosboard Ind (up 13.74 per cent), AYM Syntex (up 13.11 per cent), Sambandam Spin (up 12.51 per

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Share market update: Over 120 stocks touch 52-week lows on BSE
NEW DELHI: Over 120 stocks, including AU Small Finance Bank, Bharti Airtel, IndusInd Bank and IL-FS Transportation Networks, hit 52-week lows on BSE in an otherwise positive market on Monday.

Blue Star, Cera Sanitaryware, Crompton Greaves Consumer Electricals, D B Corp, Edelweiss Financial Services, Grasim Industries, Indiabulls Real Estate,

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Vijay Kedia, Madhusudan Kela buy into this SME company; stock rallies 18%
Innovators Facade Systems, listed on BSE SME platform, rallied over 18 per cent on Monday. The traction in the stock came after its shareholding pattern showed that well-known investors Madhusudan Kela and Vijay Kedia bought into the company in July-September.

While Madhusudan Murlidhar Kela held 3.76 per cent stake, or 7,08,800 shares, in the

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