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Market Now: 52 stocks hit fresh 52 week low in early trade
OCL Iron Steel, Lanco Infratech, Kwality and Monnet Ispat were among 52 stocks that hit fresh 52-week lows on NSE on Tuesday.

Gayatri Highways, Solara Active Pharma Sciences, Arrow Greentech, LGB Forge, Fedders Electric, Pincon Spirit, Mandhana Industries, JBF Industries, Easun Reyrolle, Cubex Tubings, Soma Textiles, Panoramic Uni, Euro Ceramics,

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Share market update: Tata Steel, TCS, Infosys most active stocks in value terms
NEW DELHI: Tata Steel (Rs 633.90 crore) led the pack of most active stocks in terms of value on NSE on Tuesday.

Tata Consultancy Services (Rs 607.00 crore) and Infosys (Rs 547.41 crore) were up next in the league.

Reliance Industries (Rs 492.58 crore), Just Dial (Rs 447.05 crore), State Bank of India (Rs 415.45 crore), ICICI Bank (Rs 384.86

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Share market update: These stocks surge over 5% despite negative market sentiment
NEW DELHI: Shares of Arshiya (up 9.97 per cent), Hindusthan National Glass (up 8.16 per cent), Motilal Oswal Financial Services (up 6.73 per cent), Mukand (up 5.64 per cent), Astra Microwave (up 5.20 per cent) and Kitex Garments (up 5.01 per cent) surged over 5 per cent despite negative market sentiment.

Market sentiment remained negative in the

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Sell Canara Bank target Rs 232: Manas Jaiswal
Canara Bank share price: Sell Canara Bank target Rs 232: Manas Jaiswal - The TheIndianSubcontinent

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Sensex rises 114 pts, Nifty ends just shy of 10,700 mark
NEW DELHI: Buying by domestic institutional investors in the backdrop of easing macro cues such as recovery in the rupee and easing crude oil prices, helped market log gains on Tuesday.

After plunging 34 paise on Monday, Indian rupee recovered on Tuesday against the US dollar. At the time of writing this report, the rupee was trading 15 paise up.

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LIC-IDBI Bank: Not an easy ride to deal closure
MUMBAI: The LIC-IDBI Bank transaction may have been approved by the insurance regulator, but it may be a while before it sees closure as it needs the Reserve Bank of India’s approval and a possible amendment to the Life Insurance Act.

The deal will have to go through Parliament as the LIC Act needs amendment as the current Act has restrictions on

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Sebi raises overseas investment limit of AIFs, VCFs to $750 million
Markets regulator Sebi today enhanced the overseas investment limit of alternative investment funds and venture capital funds to USD 750 million from the current USD 500 million.

The decision has been taken in consultation with the Reserve Bank of India, the Securities and Exchange Board of India (Sebi) said in a circular.

In order to monitor the

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Stock market update: 14 stocks touched 52-week highs on NSE on Tuesday
NEW DELHI: Bandhan Bank, Bang Overseas, Tata Elxsi and Infosys featured among the 14 stocks that touched 52-week highs on NSE on Tuesday.

Electrosteel Steels, Godrej Consumer Products, Graphite India, Hindustan Unilever, Jubilant Foodworks and Jyothy Laboratories too featured among stocks that touched 52-week highs on NSE. Equity market benchmarks

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Share market update: Sensex, Nifty down; these stocks plunge over 5%
NEW DELHI: Shares of Kolte - Patil Developers (down 5.84 per cent), EID Parry India (down 5.83 per cent), Adani Enterprises (down 5.79 per cent) and Den Networks (down 5.08 per cent) plunged over 5 per cent during Monday's trade.

Stocks such as JSPL (down 4.57 per cent), 8K Miles Software Services (down 4.28 per cent), Welspun Enterprises (down

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Wall Street higher as energy stocks gain
U.S. stocks rose on Tuesday, boosted by energy stocks as oil prices rose, but gains were capped by a drop in technology stocks, with Facebook sliding on renewed concerns over its data scandal.

Facebook dropped 2 percent after the Washington Post reported a federal probe on the data breach linked to Cambridge Analytica was broadened and will

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Share market update: Nearly 190 stocks defy positive market mood, hit 52-week lows on NSE
NEW DELHI: As many as 188 stocks, including Bajaj Hindusthan Sugar, GOCL Corporation, Grasim Industries, Indiabulls Integrated Services, ICICI Prudential Life Insurance Company, JK Cement and Kajaria Ceramics hit 52-week lows on NSE on Tuesday.

Equity market benchmarks Nifty and Sensex finished Tuesday's session in the positive territory, backed

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Buy Lupin, target Rs 945: Jay Thakkar
Jay Thakkar of Anand Rathi has a buy call on Lupin with a target price of Rs 945.

The current market price of Lupin is Rs 898.10.

Time period given by the analyst is one month when Lupin price can reach the defined target.

Jay Thakkar recommended keeping a stop loss at Rs 880.

"Lupin seems to have formed a sideways channel on the daily charts

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Short-term power prices may remain rangebound: Ind-Ra
KOLKATA: India Ratings predicts short term power prices to hover between Rs 3.75 per unit and Rs 4.25 per unit during 2018-19.

According to its analysis short term power prices would be a factor of increased costs of generation due to increased dependence of imported or coal procured through e-auctions since energy demand is likely to grow at a

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F O: India VIX declines 2.77%, signals limited downside for Nifty
By Chandan Taparia The Nifty50 index formed an Inside Bar pattern on the daily scale on Tuesday, as it traded within the trading range of last session. It formed a small Hammer candle with support near its 50-day EMA.

Now it has to hold above 10,660 to witness an upward move towards 10,770 and then 10,835 levels, while on the downside, supports

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ETMarkets.com|

Updated: Jul 02, 2018, 10.54 AM IST

Coal IndiaThe current market price of Coal India is Rs 262.60.
Mazhar Mohammad of Chartviewindia.in has a buy call on Coal India with a target price of Rs 295.

The current market price of Coal India is Rs 262.60.

Time period given by the analyst is one month when Coal India price can reach the defined target.

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Tech view: Nifty forms Inside Bar, but trade setup still favours bears
NEW DELHI: The Nifty50 settled just shy of the 10,700 mark on Tuesday. The index formed an Inside Bar on the daily chart and closed above its 50-day moving average.

Analysts believe one should not read too much into Tuesday’s gains and that a sustained breach above 10,755 is required for the bulls to be on top.

"A sustained trade above 10,755,

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Infosys scales fresh all-time high; Q1 earnings on July 13
Shares of Infosys scaled their fresh all-time high of Rs 1,351.85 in Tuesday’s trade on account of weakness in rupee.

The IT giant is scheduled to announce its financial results for the June quarter on July 13.

The meeting of the board will be held on July 12 and 13 to consider the audited consolidated financial results of the company and its

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ETMarkets.com|

Updated: Jul 02, 2018, 10.52 AM IST

NTPCThe current market price of NTPC is Rs 153.60.
Kapil Shah, a technical analyst of Emkay Global Financial Services, has a buy call on NTPC with a target price of Rs 175.

The current market price of NTPC is Rs 153.60.

Time period given by the analyst is one month when NTPC price can reach the defined

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NEW DELHI: Recovery in peer global markets had a rub-off effect on the domestic stocks on Tuesday and lifted S-P BSE Sensex 114 points to 35,379, while NSE’s Nifty50 added 42.60 points to close at 10,699.

Volatility index India VIX eased 3.5 per cent to 12.89.

“Appreciation in rupee over dollar and a positive rebound in global market provided

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Vedanta delisting not related to Tuticorin incident: Agarwal
NEW DELHI: Mining mogul Anil Agarwal today said his plan to delist his flagship Vedanta Resources Plc from London Stock Exchange and take it private is no way linked to the Tuticorin incident and is merely an exercise to simplify a sprawling business empire.

Agarwal, who launched a USD 1 billion offer to buy the 33.65 per cent stake of Vedanta

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Infosys, SAIL among 12 stocks analysts are betting on for next three weeks
NEW DELHI: Mirroring global peers, the domestic stock market took deep cuts during the week gone by as trade war tensions, a weakening rupee and rise in crude oil prices weighed on investor sentiment.

Analysts said nervousness among investors will continue as global clues remain negative and key indices are likely to trade in a tight range over

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Share market update: These stocks cracked over 6% on NSE on Tuesday
NEW DELHI: Shares of Matrimony.com (down 8.15 per cent), IDBI Bank (down 6.34 per cent) and KRBL (down 6.34 per cent) cracked over 6 per cent on NSE on Tuesday, while equity benchmarks settled in the green.

Stocks such as Avanti Feeds (down 5.59 per cent), Lumax Auto Technologies (down 5.04 per cent), Vakrangee (down 4.96 per cent), Ankit Metal

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MUMBAI:A sharp fall in the value of the rupee may affect the Indian economy, but there have been significant EPS upgrades of IT stocks over the past few weeks as rupee depreciation will bolster FY2019 earnings of IT exporters, said analysts.

India’s largest tech company TCS has seen a 3 per cent jump in its EPS estimates in the past four weeks, w

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Inflation in Venezuela hits 42,000% as investors dump bolívar ‘like hot potato&
Venezuela’s inflation rate has hit a new high, according to university research, with consumer prices in the crisis-ridden country rising by more than 40,000 per cent annually for the first time on record.

Steve H. Hanke, an applied economics professor at Johns Hopkins University, told Business Insider on Friday that annual inflation in the

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Stock market update: These stocks surged over 10% on Tuesday
NEW DELHI: Shares of Kiri Industries (up 20 per cent), Hindustan Media Ventures (up 17.40 per cent), Tata Coffee (up 12.60 per cent) and Amber Enterprises India (up 11.42 per cent) surged over 10 per cent on NSE on Tuesday.

Stocks such as Time Technoplast (up 9.04 per cent), Just Dial (up 6.79 per cent), Fortis Healthcare (up 6.06 per cent), Tata

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Stock market update: Over 100 stocks hit 52-week lows on NSE
NEW DELHI: Over 100 stocks including Adani Enterprises, Bank of Baroda, Can Fin Homes, Capital First and Century Textiles - Industries hit 52-week lows on NSE during Monday's trade.

Dalmia Bharat, Dena Bank, India Cements, MAS Financial Service, Mangalam Cement, Polyplex Corporation, Rallis India, Somany Ceramics, Union Bank of India and VA

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Stock market update: Private bank stocks fall; Axis Bank, YES Bank slip 1%
NEW DELHI: Most private bank stocks, including South Indian Bank (down 1.57 per cent), Federal Bank (down 1.22 per cent), Axis Bank (down 1.15 per cent) and YES Bank (down 1.07 per cent) were trading in the negative territory during morning trade on Monday.

The Nifty Private Bank index was trading 0.49 per cent down at 14,889 around 10:25 am.

Shar

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Big blow for cryptocurrency holders as Supreme Court refuses relief
Those dealing in cryptocurrency suffered a big setback today as the Supreme Court declined to offer interim relief on the RBI restrictions to this effect.

The April 6 circular by the central bank prohibits banks and financial institutions from providing any service in relation to virtual currencies such as 'cryptocurrencies'.

Under the circular,

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LICgain from IDBI Bank deal Analysts say NOTHING
What does Life Insurance Corporation of India (LIC) gain from taking a majority stake in IDBI Bank Nothing, say analysts. It has just helped the government provide much-needed capital to the beleaguered lender.

“IDBI is a bank which is in tatters. This is nothing but a bail-out for the lender without any gains for LIC. As things stand now, it w

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China shares slip anew, Mexico peso up as Obrador wins
SYDNEY: Asian share markets were burdened by fresh losses in China on Monday, while Mexico's peso firmed as exit polls pointed to a decisive victory for presidential front-runner Andres Manuel Lopez Obrador's party.

Dealers said the clear win would at least settle one source of political uncertainty. Yet leftist Obrador is also expected to inject

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