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Reliance Group companies' shares worth over Rs 3.3 crore sold through open market transactions
New Delhi: Anil Ambani-led Reliance Group companies' shares worth over Rs 3.31 crore were offloaded through open market transactions on Thursday.

According to bulk deal data on the National Stock Exchange (NSE), YES Bank sold 90.5 lakh shares of Reliance Naval and Engineering Ltd at an average price of Rs 1.25 per scrip, taking the total deal

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Market movers: Voda, Hathway shine; 30 stocks climbed 52-week highs; 353 top upper circuits
NEW DELHI: The bulls tightened their grip on Dalal Street on Thursday in hopes of economic stimulus from the government. Meanwhile, Sebi relaxation in fundraising regulations for India Inc helped lift market sentiments.

Private banks and IT stocks saw heavy buying, as investors lapped up these shares at low valuations. FMCG stocks that have

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Trending stocks: Tata Motors share price up over 2%
NEW DELHI: Shares of Tata Motors traded 2.59 per cent up in Thursday 's trade at 09:42AM (IST).

Around 34186 shares changed hands on the counter. The stock opened at Rs 34.3 and touched an intraday high and low of Rs 35.7 and Rs 34.3 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 239.35 and a 52-week low of Rs 63.65

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Covid-19 crisis: Franklin Templeton voluntarily winds up six credit funds
Mumbai: Franklin Templeton Mutual Fund said on Thursday it has voluntarily decided to wind up its suite of six yield-oriented, managed credit funds, effective April 23, citing the severe market dislocation and illiquidity caused by the Covid-19 pandemic.

These six funds are: Franklin India Low Duration Fund, Franklin India Dynamic Accrual Fund,

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Warren Buffett‘fortress& is breached by coronavirus-related shutdowns
By Katherine ChiglinskyEven as market watchers await Warren Buffett’s splashy move to seize on fallout from the current crisis, his Berkshire Hathaway Inc. hasn’t been spared by the pandemic.

Coronavirus-related shutdowns across the U.S. have hit Berkshire units from See’s Candies and a shoemaker to industrial behemoth Precision Castparts. That

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Buy HDFC Bank, target price Rs 1,200: Motilal Oswal
Motilal Oswal has given a buy rating to HDFC Bank with target price of Rs 1,200, marking an upside of 32 per cent over the CMP of Rs 910.

According to the brokerage, HDFC Bank reported healthy business growth in the fourth quarter of FY20, led by continued strength in its corporate portfolio while retail growth was soft. Operating performance

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Facebook's $5.7 billion investment in Jio Platforms to cut RIL's net leverage, credit positive: Moody's
New Delhi: Facebook's Rs 43,600 crore investment in Reliance Industries' digital services business will help the Mukesh Ambani-led firm reduce borrowing and reinforce the company's commitment to cut its net debt to zero by March 31, Moody's Investors Service said on Thursday.

Stating that the investment is credit positive, Moody's in an issuer

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India pushes lending, asks banks for daily reports
MUMBAI/NEW DELHI: India's government has redoubled efforts to push state-run banks to boost lending and it has demanded that lenders submit a daily report detailing the volume and scale of loans sanctioned, according to industry sources and documents seen by Reuters.

The finance ministry, in a letter dated April 17 and seen by Reuters, asked banks

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Trending stocks: Vodafone Idea shares jump nearly 8%
NEW DELHI: Shares of Vodafone Idea traded 7.59 per cent up in Thursday 's trade at 09:31AM (IST).

Around 154029797 shares changed hands on the counter. The stock opened at Rs 4.3 and touched an intraday high and low of Rs 4.5 and Rs 4.15 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 22.55 and a 52-week low of Rs

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The domestic equity market proceeded to advance helping Nifty to relocate greater and also finish with gains even as remained to stay in the Rising Wedge development. Nifty saw a level begin, however mosted likely to examine the 9,300 mark by afternoon slowly. At one point, the Nifty had surrendered much of the gains only to redeem them later. Financial institution Nifty exceeded Nifty, as well as
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Global markets brush off ugly data, pin hopes on stimulus
LONDON: World stocks inched up on Thursday on hopes for a massive joint stimulus fund to support the European Union during the coronavirus crisis and on an ongoing rebound in oil prices, while investors brushed off a slew of awful economic data.

European stocks and U.S. stock futures were trading marginally higher as an internal EU note showed the

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Buzzing stocks: Vodafone Idea, RIL, HDFC Bank, Suzlon Energy
NEW DELHI: Vodafone Idea with over 4.48 crore shares changing hands was leading among the most traded stocks on NSE on Thursday.

Shares of Suzlon Energy (number of shares traded: 0.44 crore), Zee Ent. (number of shares traded: 0.44 crore), JP Power (number of shares traded: 0.39 crore), Reliance Capital (number of shares traded: 0.31 crore), ONGC

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Here's what you should know about RBI's Operation Twist
The central bank Thursday announced yet another instalment of `Operation Twist' to help reduce yields on longer tenor sovereign debt, which now carries higher costs despite a 75-basis-point cut in interest rates late last month.

The central bank has proposed to buy - and sell - government bonds worth Rs. 10,000 crore under each head. It will buy

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Varde Holdings picks 2.2% stake in PNB Housing Finance
KOLKATA: Global alternative investment advisor Varde Holdings raised its stakes in PNB Housing Finance to 9.87% from 2.3% through secondary market operations.

Varde Holdings may buy more in the Indian mortgage lender through a primary issue of equity to increase its stake to more than 10%, said a senior official in PNB Housing, which is in the

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ET Intelligence Team: Reliance Industries' plans to become a zero-net financial debt company by March 2021 got a significant boost on Wednesday with the news of the offer to offer a 9.9 percent risk in Jio Operating systems for 43,574 crore. RIL's web debt, after the offer conclusion, might fall by as much as 28 per cent to 1.1 lakh crore, quotes by ETIG sho
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Mumbai: Equitas Holdings, Reliance Naval and Sasken Technologies witnessed bulk deals in Thursday’s trade.

For the day, the 30-share Sensex closed 1.54 per cent or 483.53 points higher at 31,863.08, while the 50-share Nifty climbed 1.38 per cent or 126.60 points to close at 9,313.90.

Around Rs 1.2 lakh crore was added to the market capitalization

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Trending stocks: Endurance Technologies share price gains over 3%
NEW DELHI: Shares of Endurance Technologies traded 3.46 per cent up in Thursday 's trade at 10:11AM (IST).

Around 32593 shares changed hands on the counter. The stock opened at Rs 586.0 and touched an intraday high and low of Rs 593.0 and Rs 577.1 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 1384.95 and a 52-week

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Brokerages give a thumbs up, RIL soars over 10%
Mumbai: Oil-to-telecom conglomerate Reliance Industries’ (RIL) shares surged 10.3 per cent to ₹1,363.55 as the Street gave a thumbs up to Facebook’s purchase of 9.9 per cent stake in the company’s unit — Jio Platforms — for $5.7 billion.

Brokerages also retained their bullish stance on the company after the announcement of the deal as they believe

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Bharti Infratel Q4 net profit gains 7% YoY: Key takeaways
Bharti Infratel, which runs telecom towers across India, saw 7 per cent jump in March quarter profits thanks to enhanced focus on improving the quality of networks by its clients. The company’s bottomline was also helped by increase in other income, reduction in tax bill and rent expenses.

The board of the company increased the deadline of its

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Trending stocks: NBCC stock price rises 3% in early session
NEW DELHI: Shares of NBCC (India) Ltd. traded 2.98 per cent up in Thursday 's trade at 10:00AM (IST).

Around 104480 shares changed hands on the counter. The stock opened at Rs 22.75 and touched an intraday high and low of Rs 22.75 and Rs 22.3 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 68.85 and a 52-week low of

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Buy Atul Auto, target price Rs 250: Emkay Global
Emkay Global has retained a buy rating on Atul Auto, with a target price of Rs 250 (Rs 360 earlier), based on 10 times FY22E EPS (12 times earlier). Recovery is expected to be gradual in the three-wheeler segment in domestic and export segments. Management efforts will support market share gains in domestic and export markets over the medium term.

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Dow Jones jumps on hopes worst for labor market is over
Wall Street jumped 1 per cent on Thursday as a third straight decline in weekly jobless claims raised hopes the worst of the coronavirus pandemic's impact on the labor market was over, while energy stocks zoomed 5 per cent on a rebound in oil prices.

Weekly jobless claims fell to 4.43 million from a revised 5.24 million, but it was still

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Sensex rises 150 points amid firm global cues; Nifty tops 9,250
NEW DELHIl: Firm global cues helped domestic equity indices kick off Thursday's session on a positive note, however, telltale signs of disastrous impact of lockdown on Indian businesses capped gains.

Startups have warned that a flood of pink slips are coming while deal making plunged 31 per cent in the March quarter. Meanwhile, the World Bank

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Sell TVS Motors, target price Rs 291: Emkay Global
Emkay Global has retained a sell rating on TVS Motors, owing to near-term weakness in both overseas and domestic markets. The target price of Rs 291 (Rs 390 earlier) is based on 19 times FY22E EPS (20 times earlier) and value of TVS Credit Services at Rs 35/share.

Demand in overseas markets such as the Middle East, Africa and Latin America is

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Telecom, cement pharma top sectoral bets in this market: Jiten Parmar
How are you analyzing the market? You have been in the market long enough, managing your portfolio as well as client portfolios and have witnessed a lot of cycles. Where exactly are we right now as far as the market cycle goes? Surely we have been hit by the pandemic and there was a sudden crash in the markets globally which got adjusted to
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Trending stocks: Tanla Solutions share price climbs 5%
NEW DELHI: Shares of Tanla Solutions Ltd. traded 4.98 per cent up in Thursday 's trade at 09:53AM (IST).

Around 5401 shares changed hands on the counter. The stock opened at Rs 66.4 and touched an intraday high and low of Rs 66.4 and Rs 66.4 , respectively, in the session so far. The stock quoted a 52-week high of Rs 89.0 and a 52-week low of Rs

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Tanla Solutions board approves up to Rs 154 crore buyback offer
New Delhi: Tanla Solutions Ltd on Wednesday said its board has approved a proposal to buy back shares worth up to Rs 154 crore.

In a regulatory filing, Tanla Solutions said 1,90,12,345 equity shares will be bought back under the offer for Rs 81 per share.

" as amended from time to time, at a price of Rs 81 per equity share (buyback offer

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Britannia Industries announces Rs 35/share interim dividend

FEATURED FUNDS

Mirae Asset Large Cap Fund Regular- Growth

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Trending stocks: Reliance Industries shares up 1 % in early trade
NEW DELHI: Shares of Reliance Industries Ltd. traded 0.68 per cent up in Thursday 's trade at 09:47AM (IST).

Around 656756 shares changed hands on the counter. The stock opened at Rs 1369.7 and touched an intraday high and low of Rs 1377.55 and Rs 1357.0 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 1614.7 and a

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Britannia Q4 results preview: Consumption slowdown to impact earnings
New Delhi: Britannia Industries is likely to post single-digit profit growth in Q4FY20 as the quarter was partially marred by the rise in raw material prices and the outbreak of the coronavirus pandemic amid a consumption slowdown. The company is slated to announce its financial results on Thursday.

Brokerage firm Edelweiss Securities sees 1.6 per

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