StockMarket

Share market update: 14 stocks hit 52-week highs on NSE
NEW DELHI: Defying the bearish mood of market, as many as 14 stocks incuding Opto Circuits (India), Page Industries, Tata Elxsi and Dr. Lal Path Labs hit 52-week highs on NSE on Monday.

Bang Overseas, Jubilant Foodworks, Bajaj Finance, Bajaj Finserv and Abbott India also featured among stocks that hit 52-week highs on Monday.

Headline indices

Details
Category: Stock Market

Write comment (98 Comments)

ETMarkets.com|

Jun 25, 2018, 02.12 PM IST

Delta CorpThe current market price of Delta Corp is Rs 242.20.
Aditya Agarwala of Yes Securities has a buy call on Delta Corp with a target price of Rs 260.

The current market price of Delta Corp is Rs 242.20.

Time period given by the analyst is a week when Delta Corp price can reach the defined target.

Aditya

Details
Category: Stock Market

Write comment (92 Comments)

Share market update: Over 100 stocks hit 52-week lows on NSE
NEW DELHI: Over 100 stocks including Antarctica, Bank of Baroda, Burnpur Cement, Cummins India, HCC, Jain Irrigation Systems and Jindal Stainless hit 52-week lows on NSE during Monday's trade.

Motherson Sumi Systems, Mandhana Industries, NHPC, NTPC, Punj Lloyd, Shriram EPC, UPL and Visesh Infotecnics also featured among stocks that hit 52-week

Details
Category: Stock Market

Write comment (94 Comments)

Share market update: 144 stocks hit 52-week lows on NSE
NEW DELHI: As many as 144 stocks, including Aditya Birla Capital, Bank of Baroda, Century Textiles - Industries and Gati hit 52-week lows on NSE on Monday.

GTL Infrastructure, HCC, Indian Overseas Bank, Jain Irrigation Systems, Punj Lloyd, Rallis India, Union Bank of India and UPL also featured among stocks that touched 52-week lows on NSE.

Hea

Details
Category: Stock Market

Write comment (99 Comments)

RIL shares flat amid buzz of Jio IPO
NEW DELHI: Shares of Reliance Industries traded flat on Monday amid reportts that the oil-to-telecom behemoth may soon hit the market with the initial public offering for its telecom arm Jio.

The stock had scaled fresh all-time high of Rs 1,035 on Thursday. On Monday, it traded at Rs 1,013 apiece, up just 0.14 per cent.

On Monday, Mint reported

Details
Category: Stock Market

Write comment (92 Comments)

Top quantitative trade strategies for the week
BY MOTILAL OSWAL SECURITIESOption Writing

STRATEGY 1

Writing against Cash / Fut Holding

Sell PNB 90 CE 28-JUNE-18 at Rs0.25 Target Level : 0 Stop Loss Level : 0.40 Gross Monthly Yield : 2.10per cent ROI : 2.15per cent Margin : Rs46,000 Days to Expiry : 4

Writing with Hedging

Leg 1 : Sell PNB 90 CE 28-JUNE-18 at Rs0.25 Leg 2 : Buy PNB 100 CE

Details
Category: Stock Market

Write comment (100 Comments)

LIC = ATM for govt; D-St analysts frown at LIC move to buy IDBI Bank
NEW DELHI: As the board of Life Insurance Corporate of India, India’s largest life insurer, approved a proposal to take up a controlling stake in I DBI Bank, analysts and market watchers expressed shock and disapproval.

“LIC equals ATM” (for the government) tweeted Sanjay Bakshi, a value investor and professor of finance at Management Development

Details
Category: Stock Market

Write comment (100 Comments)

Funds go beyond ratings, scan company books to pick debt papers
India's debt fund managers are looking beyond credit ratings while picking corporate bonds this year. Top fund managers say they now try to look at company financials, especially leveraged positions, more closely before taking a call on available papers.

While a growing pileup of bad debt from India Inc had turned fund managers cautious over the

Details
Category: Stock Market

Write comment (92 Comments)

Top intraday trading ideas for afternoon trade for Monday, 25 June 2018
NEW DELHI: The Nifty50 index was trading 18 points down at 10,804 around 11:45 am on Monday following selling in frontline bluechip counters amid mixed global cues.

ETMarkets.com collated a list of trading ideas from various experts and here's what they had recommended for today's afternoon trade:

Chandan Taparia, derivatives and technical

Details
Category: Stock Market

Write comment (90 Comments)

When Opec voted to lift output, 3 Indian stocks drew bulls& eyes
NEW DELHI: While the Opec decision to increase crude output by 1 million barrel a day still looks hazy in details, analysts say outlook of Indian oil marketing companies (OMCs) will improve substantially should the move result in a drop in crude oil prices.

The oil marketing segment accounts for 28 per cent to 49 per cent of revenues of OMCs.

Details
Category: Stock Market

Write comment (92 Comments)


By Anto Antony and Kartik GoyalKamal Mahajan says he's being asked simply one question: how did he make money as peers lost $4.4 billion during India's worst bond-market thrashing in 20 years The response, according to the head of treasury and international markets at Bank of Baroda, returns to a contrarian bet taken 2 years back. As the Reserve Bank of
Details
Category: Stock Market

Write comment (93 Comments)

SebiIPO moves won&t kill grey market, but may hurt investors
NEW DELHI: Markets regulator Sebi last week brought in certain changes in the primary market, recasting capital raising norms for companies and easing disclosure requirements.

Among the key changes were easing of financial disclosure requirement for an IPO to three years from five years earlier, a reduction in timeline for announcing IPO

Details
Category: Stock Market

Write comment (97 Comments)

Share market update: Auto index falls over 1%; Tata Motors top drag
NEW DELHI: Losses in Tata Motors (down 5.08 per cent), Motherson Sumi Systems (down 4.32 per cent) and Ashok Leyland (down 2.64 per cent) were suffering heavy losses during Monday's trade, keeping the BSE Auto index down.

The BSE Auto index was trading 1.23 per cent down at 24,372 around 02:50 pm.

Shares of Bharat Forge (down 1.61 per cent), Hero

Details
Category: Stock Market

Write comment (100 Comments)

Bharat 22 constituents likely to rally
MUMBAI: Stocks that are part of the recently-concluded further fund issue of Bharat 22 ETF are likely to see a rally as traders who sold their futures contracts before the offering will now reverse their positions. Many traders including arbitrageurs had put money in the Bharat 22 ETF issue which ended on Friday and simultaneously sold futures of
Details
Category: Stock Market

Write comment (94 Comments)

Restrict yourself to quality largecap stocks
By Sudhakar Pattabiraman(Head– Research operations, WILLIAM O’NEIL INDIA)Where are we: Broader market indices faced intense selling pressure once again, with the Nifty Smallcap posting losses for the eighth time in the last nine weeks. The overall market continues to be divergent with leading indices trading 2-3 per cent below their all-time highs
Details
Category: Stock Market

Write comment (91 Comments)

CLSA retains sell rating on Tata Motors
MUMBAI: CLSA has retained sell rating on Tata Motors with a target price of Rs 295.

The brokerage remains concerned on Tata Motors' arm JLR given a weak volume outlook, rising competition in SUVs and cash flow pressure.

"Narrowing hedging losses should boost its earnings growth in FY19 but we continue to see operational headwinds for its

Details
Category: Stock Market

Write comment (97 Comments)

Use volatility to accumulate quality scrips
By Swapneel Mantri(Technical analyst – Institutions, Sushil Finance)

Where we are: The week gone by saw Nifty largely trading rangebound and lacklustre as US tariff wars and OPEC meeting had the global markets on tenterhooks.

What is in store: Expect range-bound trade to continue as we head into the expiry week. On levels, we expect Nifty to trade

Details
Category: Stock Market

Write comment (90 Comments)

Symphony gains 3% on acquiring 95% stake in Australian cooling appliances company
NEW DELHI: Shares of Symphony rallied 3 per cent after the company announced it has signed an agreement to purchase 95 per cent stake in Climate Technologies Pty Limited, Australia's leading manufacturer of cooling and heating appliances.

The acquisition will be executed at a valuation range of Rs 201- Rs 221 crore depending on the achievement of

Details
Category: Stock Market

Write comment (92 Comments)

CLSA bullish on Sun Pharma, Torrent Pharma and Dr Reddy's
CLSA is bullish on Sun Pharma, Torrent Pharma and Dr Reddy's Laboratories in the pharmaceutical space.

The firm believes the recent rally in the sector is different as it is coming off on the back of improving fundamentals in the US, which include good approvals for select companies, enriched commentary on US pricing and progress on resolving

Details
Category: Stock Market

Write comment (100 Comments)

Nikkei drops as yen firms; weak US futures sour mood
TOKYO: Japan's Nikkei share average dropped on Monday as sellers targeted large caps including Fast Retailing and SoftBank as well as defensive stocks, while the mining sector outperformed after oil prices jumped on Friday.

Sharp Corp stumbled 5.1 per cent after the company said it will issue 78.4 million shares via a public offering.

The Nikkei

Details
Category: Stock Market

Write comment (98 Comments)

Share market update: KRBL tanks 20% as ED arrests former director in Agusta scam
NEW DELHI: Shares of KRBL plunged 20 per cent in Monday’s trade after media reports that former director Gautam Khaitan had been arrested by the Enforcement Directorate in connection with AgustaWestland helicopter scam.

ED got fresh leads in the AgustaWestland helicopter scam, which reportedly indicated that Khaitan played a key role in routing

Details
Category: Stock Market

Write comment (90 Comments)

Stock market update: Metal index down; Coal India, SAIL among top drags
NEW DELHI: Losses in Nalco (down 3.10 per cent), Coal India (down 2.45 per cent) and Steel Authority of India (SAIL) (down 2.27 per cent) dragged the BSE Metal index down during afternoon trade on Monday.

The BSE Metal index was trading 0.43 per cent down at 12,938 around 02:25 pm.

Shares of Jindal Steel - Power (down 1.26 per cent), JSW

Details
Category: Stock Market

Write comment (90 Comments)

Buy RBL Bank, target Rs 780: ICICI Securities
ICICI Securities has buy call on RBL Bank Ltd. with a target price of Rs 780. The current market price of RBL Bank Ltd. is Rs 564.75. Time period given by the brokerage is a year when RBL Bank Ltd. price can reach defined target. RBL Bank Ltd., incorporated in 1943, is a banking company with a market cap of Rs 23297.69 crore.

Investment rationale

Details
Category: Stock Market

Write comment (99 Comments)

Top seven companies suffer combined loss of Rs 32,298 crore in m-cap
NEW DELHI: Seven of the top 10 most-valued Indian companies suffered a combined loss of Rs 32,297.97 crore in market valuation last week, with Tata Consultancy Services (TCS) taking the steepest hit.

Barring HDFC Bank, ITC and HDFC, rest seven companies saw losses in their market capitalisation (m-cap) for the week ended Friday.

TCS' valuation

Details
Category: Stock Market

Write comment (91 Comments)

Stock market update: Telecom stocks tumble; Idea Cellular plunges 7%
NEW DELHI: The BSE Telecom index was trading 0.63 per cent down at 1,165 around 02:15 pm on Monday, with Idea Cellular (down 6.94 per cent), Himachal Futuristic Communications (down 3.62 per cent) and MTNL (down 3.37 per cent) as top losers.

Shares of Idea Cellular plunged on Monday after reports that the mega-merger deal of the company with

Details
Category: Stock Market

Write comment (90 Comments)

Stock market update: BPCL, HPCL, IOC drag oil gas index down
NEW DELHI: Losses in BPCL (down 3.07 per cent), HPCL (down 2.48 per cent), Oil India (down 2.45 per cent) and Indian Oil Corporation (IOC) (down 1.85 per cent) were keeping the oil - gas index under pressure during Monday's trade.

The BSE Oil - Gas index was trading 1.07 per cent down at 14,232 around 12:15 pm.

Shares of ONGC (down 1.51

Details
Category: Stock Market

Write comment (94 Comments)

Foreign investors pull out Rs 14,500 crore from capital markets so far in June
NEW DELHI: Foreign investors have pulled out over Rs 14,500 crore from the Indian capital markets this month so far, primarily due to global trade war and hawkish commentary by the US Federal Reserve.

The latest outflow has taken the total net withdrawal by foreign portfolio investors (FPIs) from the capital markets (equity and debt) to more than

Details
Category: Stock Market

Write comment (94 Comments)

ETMarkets.com|

Jun 25, 2018, 02.13 PM IST

Greaves CottonThe current market price of Greaves Cotton is Rs 136.75.
Swati Hotkar of Nirmal Bang Securities has a buy call on Greaves Cotton with a target price of Rs 150.

The current market price of Greaves Cotton is Rs 136.75.

Time period given by the analyst is a week when Greaves Cotton price can reach the defined

Details
Category: Stock Market

Write comment (90 Comments)

Share market update: Bajaj Finserv, Bajaj Finance, Page Industries among stocks that touch 52-week highs
NEW DELHI: Abbott India, Bajaj Finserv, AstraZeneca Pharma, Bajaj Finance, Bajaj Holdings - Investment, Jubilant Foodworks, Page Industries and Tata Elxsi hit 52-week highs on NSE in Monday's weak market.

By 12 pm, 11 stocks had hit 52-week highs on NSE.

Equity benchmarks were lacklustre owing to profit-booking amid mixed Asian cues on worries

Details
Category: Stock Market

Write comment (90 Comments)

IFCI to raise Rs 3,000 crore from debt to fund business growth
NEW DELHI: The country's oldest public sector financial institution IFCI plans to raise Rs 3,000 crore from debt, including bonds, during the current fiscal to aid expansion of its loan book.

The company is looking at fresh lending worth Rs 6,000 crore, including take-out finance where IFCI will pick up stake from other lenders during 2018-19.

"On

Details
Category: Stock Market

Write comment (98 Comments)