Top intraday trading ideas for afternoon trade for Wednesday, 27 June 2018
NEW DELHI: The Nifty50 index was trading below 10,750 around 11:50 am on Wednesday following 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:

Manas Jaiswal of manasjaiswal.comHPCL is a 'Sell' call with a target price of Rs

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Lakshmi Vilas Bank to issue 15 crore shares to raise Rs 1,500 crore
Kolkata: Private sector Lakshmi Vilas Bank said it will issue up to 15 crore equity shares or use instruments convertible into equities such as qualified institutions placement, American depository receipts, global depository receipts or foreign currency convertible bonds as it looks to raise about Rs 1500 crore.

The capital will be raised at a

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Stock market update: These stocks surged up to 20% on BSE on Tuesday
NEW DELHI: Shares of Birla Precision (up 20 per cent), Vanta Bioscience (up 19.94 per cent), GTN Industries (up 19.71 per cent) and Picturehouse Media (up 19.43 per cent) surged up to 20 per cent on BSE on Tuesday.

Stocks such as Avanti Feeds (up 16.10 per cent), Starlit Power Systems (up 14.89 per cent) and Celestial Biolabs (up 14.19 per cent)

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Up to 7,000% returns! This Silicon Valley returnee milks marketdowncycles
His first stock investment was in Microsoft. He saw Yahoo, Google and Netflix get listed right in front of his eyes. But this Silicon Valley returnee is not really running after big names in Indian market. He hunts for smaller companies with big dreams.

Pune-based investor Jiten Parmar is extra busy these days; he loves cyclical downturns in the

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Shriram Transport to raise Rs 5,000 crore via bonds at 9.40%
Shriram Transport Finance today said it will raise up to Rs 5,000 crore through a public issue of bonds to augment its business growth.

The non-banking financial company (NBFC), which mainly provides financing for pre-owned commercial vehicles, will raise the amount by issuing 5 crore secured redeemable non-convertible debentures (NCDs).

The

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Stock market update: Top Nifty gainers and losers of Tuesday's session
NEW DELHI: Grasim Industries, Coal India, UltraTech Cement, Hindalco Industries, Asian Paints and Tata Consultancy Services emerged as the top gainers in the Nifty index on Tuesday.

On the contrary, Tata Motors, Reliance Industries, Cipla, Tata Steel, Bajaj Finserv and Lupin stood as the top losers in the Nifty index.

Indian equity benchmarks

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Share market update: These stocks defy bearish market mood, hit 52-week highs on NSE
NEW DELHI: Weak global cues, surging crude oil prices and a lack of fresh positive trigger at home were keeping the domestic equity market subdued.

Investors were restricting their bets ahead of the expiry of June series of future and option contracts.

Over 230 stocks hit 52-week lows. However, stocks such as Bata India, Dabur India, Electrosteel

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Indian banks' GNPA may touch 12.20% by March: RBI
NEW DELHI: Stress in the banking sector is likely to remain elevated in the ongoing financial year. The gross non-performing assets (GNPA) ratio of scheduled commercial banks (SCBs) could hit 12.20 per cent by March next year, according to the Reserve Bank of India’s Financial Stability Report (FSR) released on Tuesday. SCBs GNPA ratio stood at

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Stock market update: These stocks hit 52-week highs on NSE
NEW DELHI: Tata Elxsi, Nestle India, Hexaware Technologies, Godrej Consumer Products, Bharat Financial Inclusion, Bata India and Bajaj Finance featured among the 12 stocks that touched 52-week highs on NSE on Tuesday.

However, as many as 201 stocks including Adani Power, Bank of Baroda, Bank of India, BEL, Gati and HCC hit 52-week lows on NSE on

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Stock market update: Fortis Health down post Q4 numbers
NEW DELHI: Shares of Fortis Healthcare were trading at Rs 133.85, down 0.48 per cent around 11 am in Wednesday's trade after the company reported its consolidated net loss to Rs 914.32 crore for the March quarter.

For the fiscal year 2017-18, the company posted a net loss of Rs 934.42 crore. It was Rs 479.29 crore for the previous fiscal year.

Shar

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Tech view: Nifty forms bullish candle, but shows negative bias
NSE’s Nifty index on Tuesday settled flat amid choppy trade, as market participants remained on the sidelines ahead of Thursday’s expiry of June series derivative contracts.

Nifty opened in the red and touched intraday high and low of 10,805 and 10,732, respectively, before closing the session 6.70 points, or 0.06 per cent, higher at 10,769. This

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Share market update: Over 200 stocks hit 52-week lows on Tuesday
NEW DELHI: As many as 201 stocks including Adani Power, Bank of Baroda, Bank of India, BEL, Gati and HCC hit 52-week lows on NSE on Tuesday.

Indian Overseas Bank, Kajaria Ceramics, Nalco, NBCC (India), Tata Motors, Union Bank of India, UPL and Zee Media Corporation also featured among stocks that touched 52-week lows on NSE.

Indian equity

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Guarantormortgaged asset can be liquidated, says NCLT
MUMBAI: The National Company Law Tribunal has ordered that mortgaged property of a guarantor be liquidated as part of the recovery of loans to a bankrupt company, boosting the lenders' legal position before the dedicated insolvency mechanism.

In the liquidation of Vindhiya Vasini Industries, the personal property of one of its directors will now

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After Market: Day 1 update on Varroc IPO, block deals in ITC Bharti Infra
NEW DELHI: Continuing trade war tensions have become an albatross around the investor’s neck. Tuesday witnessed another volatile session and the benchmark Sensex witnessed a 279-point swing before ending marginally in the green. At close, the Sensex stood at 35,490, up 20 points. NSE's Nifty50 halted trade at 10,769, just 7 points higher.

In

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Buy Tata Motors, target Rs 431: Motilal Oswal Securities

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Disclaimer: This recommendation is analyst's own and does not represent those of economictimes.com - ETMarkets.com. Please consult your financial advisor before taking any position in the stock/s mentioned.

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Maharashtra plastic ban: Jute, paper stocks rally up to 5%
Shares of companies dealing in alternative to plastics were trading higher in early trade on Wednesday.

Shares of Ludlow Jute - Specialities were trading over 5 per cent higher at Rs 89.50 at around 10.05 am (IST), whereas Cheviot Company was trading 2.05 per cent up at Rs 1,289.90 at around the same time.

JK Paper and NR Aggarwal were up 0.45

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Share market update: TCS, Tata Motors most active stocks in value terms
NEW DELHI: Tata Consultancy Services (Rs 862.22 crore) emerged as the most active stock in value terms on NSE on Tuesday.

It was followed by Tata Motors (Rs 860.03 crore), Reliance Industries (Rs 796.14 crore), Tata Steel (Rs 559.95 crore), Bajaj Finance (Rs 555.65 crore), HDFC (Rs 539.73 crore), HDFC Bank (Rs 480.13 crore) and State Bank of India

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European shares crawl up from trade war sell-off
LONDON: European shares made a modest bounce on Tuesday, recovering slightly after trade tensions sent stock markets into a spiral as investors shed risky assets.

The pan-European STOXX 600 was up 0.3 per cent by 0837 GMT, but was far from making up all the previous session's 2 per cent losses. The index hovered near its lowest level since

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Share market update: Smallcaps in sync with midcaps, trail Sensex
NEW DELHI: In line with the midcaps, smallcaps too were underperforming Sensex during the first half of Wednesday's session.

Around 10:50 am, the BSE Smallcap index was 0.83 per cent down at 16,161, while the BSE Sensex was nearly flat at 35,485. The NSE Nifty50 was 0.20 per cent down at 10,747.

Fedders Electric and Engineering (down 20 per cent),

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F O: Options peg Nifty trading range between 10,700 10,835
By Chandan TapariaThe Nifty50 index got stuck in a broader range in between 10,700 and 10,835 levels since last nine sessions. It failed to hold above 10,800 and formed a contradicting pattern, indicating that the bulls and the bears are not ready to give up.

The index had formed a Doji candle or a Pin Bar last week but failed to hold above the

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Stock market update: Realty index top sectoral loser; IB Real Estate, Oberoi Realty top losers of the pack
NEW DELHI: Realty index was trading as the top loser among the sectoral indices on NSE during the last hour of Tuesday's session.

The Nifty Realty index was trading 1 per cent down at 275 around 02:55 pm.

Shares of Indiabulls Real Estate (down 4.34 per cent), Oberoi Realty (down 3.23 per cent) and Housing Development - Infrastructure (HDIL)

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By Enda Curran, Alessandro Speciale and Michelle JamriskoThe global economy is showing the first signs of damage as a brewing trade war rattles financial markets and hurts corporate confidence.

The escalating actions and threats between the U.S. and its major trading partners, including China and the European Union, pose one of the biggest threats

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Sensex, Nifty pare early losses to end flat
NEW DELHI: Indian equity benchmarks ended Tuesday's volatile session on a flat note as gains in HDFC, Tata Consultancy Services, Maruti Suzuki and Infosys were offset by losses in Reliance Industries, Tata Motors, HDFC Bank and ICICI Bank.

Investors restricted their bets ahead of the expiry of June series of options and derivatives contract on

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Share market update: Pharma stocks mixed; Cipla, Lupin among losers, but Sun Pharma, Aurobindo Pharma rise
NEW DELHI: Pharma stocks were trading mixed during afternoon trade on Tuesday.

The Nifty Pharma index was trading 0.17 per cent down at 9,271 around 02:45 pm.

Cipla (down 1.88 per cent), Cadila Healthcare (down 1.46 per cent), Lupin (down 0.93 per cent), Dr. Reddy's Laboratories (down 0.76 per cent) and Glenmark Pharmaceuticals (down 0.29 per

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Sebi orders open offer for NDTV
Regulator Sebi today ordered a little-known entity, Vishvapradhan Commercial, to make an open offer for NDTV Ltd for indirectly acquiring control of up to 52 per cent stake through a convertible loan of Rs 350 crore in 2009 'sourced' from a subsidiary of Reliance Industries Ltd.

The ownership of Delhi-based 'wholesale trading' firm Vishvapradhan

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Share market update: Check out the most traded stocks of Tuesday's session
NEW DELHI: Jaiprakash Associates, with nearly 6.42 crore shares changing hands, emerged as the most traded stock on NSE on Tuesday.

It was followed by GMR Infrastructure (number of shares traded: 5.72 crore), Reliance Communications (4.12 crore), Tata Motors (3.07 crore), Idea Cellular (2.57 crore), Punjab National Bank (2.46 crore) and Vakrangee

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Social media's powerful 'silent majority' moves Bitcoin prices: Study
WASHINGTON: Bitcoin's value can be manipulated by public sentiment, say scientists who found that positive comments by infrequent social media users were more likely to move the cryptocurrency's prospects.

In the past four years, the value of a single bitcoin has soared from about USD 500 in 2014 to a current value of USD 6,000 and has worked its

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Idea shareholders approves name change to Vodafone Idea, fund raising of Rs 15,000 crore
New Delhi: Idea Cellular’s shareholders have approved changing the name of the No 3 carrier to Vodafone Idea Ltd. The shareholders also approved raising Rs 15,000 crore via non-convertible securities which may be used for paring debt of the entity emanating from merger of Idea with Vodafone India.

“Change in the name of the company and issue of n

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Infosys says it has time to file Form 20F, whistleblower claims &baseless&
Bengaluru: Infosys said it has sufficient time to file Form 20F to the US Securities and Exchange Commission (USSEC) and would do it within stipulated time.

In response to a story carried in ET on Monday, the IT services company informed the Bombay Stock Exchange (BSE) that the claims made by a whistleblower that there could be an ongoing

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Here we go again: LIC cranks up to bail out IDBI bank
Desperate times call for desperate measures. Faced with an uphill task of raising Rs 80,000 crore from disinvestment in public sector companies this fiscal, the government is now looking to mop up big money by selling a controlling stake in IDBI Bank.

And the usual suspect is the Life Insurance Corporation (LIC), which has been conducting the

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