Stock market update: Check out the most traded stocks on NSE
NEW DELHI: Nearly 5.77 crore shares of Jaiprakash Associates changed hands during Thursday's trade, making it the most traded stock on NSE.

It was followed by Reliance Communications (number of shares traded: 4.94 crore) and ICICI Bank (3.02 crore).

IDFC Bank (2.41 crore), Firstsource Solutions (1.91 crore), CG Power and Industrial Solutions (1.85

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IndiGo falls 9% on Citi report, ED summons talk
Mumbai: Shares of Interglobe Aviation slumped on Wednesday after a brokerage report trimmed its target share price for the airline and unconfirmed media reports of the Enforcement Directorate (ED) summoning its top management surfaced later in the day. The company, which operates India’s biggest airline IndiGo, denied the reports.

IndiGo’s shares s

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‘Investors are in more danger of market wreck than they think&
Michael Wilson, Morgan Stanley’s chief equity strategist, is among those not counting on the stock market to have another stellar year. Even with the benchmark S-P 500 index up about 3.7 per cent this year, trailing the 19 per cent performance of last year, Wilson sees proof that investors are taking on more risk than is obvious.

The first is

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Indiabulls Real Estate to raise Rs 480 crore via debentures
Indiabulls Real Estate plans to raise Rs 480 crore through issue of debentures on private placement basis.

In a BSE filing, the Mumbai-based developer has said that it "proposes to issue secured, redeemable, non-convertible debentures of face value Rs 10 lakh each aggregating Rs 480 crore, on a private placement basis."

The issue will open on June

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Adani Wilmar secures Rs 4,000 crore from StanChart, DBS to fund Ruchi Soya buyout
Adani Wilmar, the highest bidder in fray to acquire debt-laden Ruchi Soya, has secured Rs 4,000-crore credit line from Standard Chartered and DBS to finance its likely acquisition of the country’s largest edible oil maker, multiple people close to the negotiations said.

Both Standard Chartered and DBS currently have exposure to Ruchi Soya and were

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Share market update: These stocks crack over 3% on NSE despite positive market sentiment
NEW DELHI: Even as equity markets were in the positive terrain, shares of InterGlobe Aviation (down 3.95 per cent), Quess Corp (down 3.36 per cent), Tata Global Beverages (down 3.20 per cent), UCO Bank (down 3.19 per cent) and Firstsource Solutions (down 3.02 per cent) tanked over 3 per cent on NSE during Wednesday's morning session.

Stocks such

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Stock market update: 36 stocks hit 52-week highs on BSE on Thursday
NEW DELHI: Atlas Jewellery India, Bajaj Holdings - Investment, Bata India, Capital India Finance and Reliance Industries featured among the 36 stocks that hit 52-week highs on BSE on Thursday even as market sentiment remained subdued through the day.

DIL, Hindustan Hardy Spicer, KIC Metaliks, Kartik Investments Trust, Mahindra CIE Automotive, N

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Adani Wilmar secures Rs 4,000 crore from StanChart, DBS to fund Ruchi Soya buyout
Adani Wilmar, the highest bidder in fray to acquire debt-laden Ruchi Soya, has secured Rs 4,000-crore credit line from Standard Chartered and DBS to finance its likely acquisition of the country’s largest edible oil maker, multiple people close to the negotiations said.

Both Standard Chartered and DBS currently have exposure to Ruchi Soya and were

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ECB will be patient in timing first rate hike: Mario Draghi
Mario Draghi promised that the European Central Bank will take its time to lift interest rates, reinforcing last week’s agreement by policy makers to keep borrowing costs unchanged at least through the summer of 2019.

“We will remain patient in determining the timing of the first rate rise and will take a gradual approach to adjusting policy t

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Share market update: 185 stocks hit 52-week lows on BSE on Thursday
NEW DELHI: As many as 185 stocks, including Aditya Birla Capital, ACC, Amber Enterprises India, Ambuja Cements and Bannari Amman Sugars hit 52-week lows on BSE on Thursday amid bearish market mood.

Bank of Baroda, BEL, Clariant Chemicals (India), Dalmia Bharat, Hindustan Aeronautics, India Cements and Bharti Infratel also joined the bandwagon of

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What trade war FAANGs scale new highs
Four of the five so-called FAANG stocks - Facebook, Alphabet, Amazon and Netflix - surged to all-time highs on Wednesday, with only Apple spoiling a perfect scorecard.

The five heavyweight stocks also powered the Nasdaq Composite to a record high and helped the broader S-P 500 shrug off concerns over tariffs between the United States and

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Stock market update: Cipla, TCS, Just Dial most active stocks in value terms
NEW DELHI: Cipla (Rs 274.92 crore), TCS (Rs 195.62 crore) and Just Dial (Rs 170.64 crore) were leading the pack of most active stocks in terms of value on NSE in morning trade on Wednesday.

ICICI Bank (Rs 125.57 crore), Jaiprakash Associates (Rs 110.15 crore), Dr. Reddy's Laboratories (Rs 108.46 crore), DHFL (Rs 99.51 crore), Tata Elxsi (Rs 94.98

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Profit booking in bank, auto, pharma stocks spooks market
NEW DELHI: Profit booking in bank, auto, pharma, FMCG and metal stocks spooked domestic equity benchmarks Sensex and Nifty on Thursday, making them end the session in the negative territory a day after they had registered decent gains.

Market sentiment remained cautious through the day, as investors kept their bets restricted after minutes of

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Gayatri Projects, InterGlobe Aviation and Adani Transmission among top stocks to track today
NEW DELHI: The domestic equity market is likely to open on a flat note on Thursday tracking subdued global cues and Nifty futures on Singapare Stock Exchange (SGX). At 08:07 am, the Nifty futures on SGX were trading 8 points or 0.07 per cent higher at 10,800.50.

Here is a list of top stocks that are likely to be in focus in today's trading

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Stock market update: JP Associates, RCom most traded stocks on NSE
NEW DELHI: The counter of Jaiprakash Associates, with over 5.33 crore shares changing hands, was buzzing as the most traded stock on NSE in early trade on Wednesday.

It was followed by Reliance Communications (number of shares traded: 1.28 crore), GMR Infra (0.69 crore), Vakrangee (0.61 crore), Punjab National Bank (0.52 crore), HFCL (0.51 crore)

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Manas Jaiswal of manasjaiswal.com has a buy call on NIIT Technologies Ltd. with a target price of Rs 1165.0 . The current market price of NIIT Technologies Ltd. is Rs 1135.05 Time period given by the analyst is Intra Day when NIIT Technologies Ltd. price can reach defined target. Manas Jaiswal recommended to keep stoploss at Rs 1120.

NIIT

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ET Intelligence Group: High net worth individuals (HNIs) are gradually shifting away from the equity market, show the latest data from Association of Mutual Funds of India (AMFI). According to market trackers, fixed maturity instruments and real estate are back on the radar of these investors.

Monthly investment through the systematic investment

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IIFL wealth sells 5.1%, raises Rs 746 crore
MUMBAI: IIFL Holdings’ wealth management arm has raised Rs 745.71 crore by selling 5.1 per cent stake to a clutch of investors. IIFL Wealth Management issued 44.90 lakh shares to WF Asian Reconnaissance Fund, Rimco (Mauritius) Limited, Amansa Holdings, General Atlantic Singapore Fund, Steadview and HDFC Standard Life Insurance. The deal values the

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June hike nudged by growth, inflation
MUMBAI: Economic growth is accelerating helping companies utilise their capacities better, but this coupled with higher crude oil prices could fuel inflation, the minutes of the Monetary Policy Committee (MPC) discussions earlier this month showed.

Improving growth and soaring inflationary expectations warranted an increase in interest rates

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Here’s a lowdown on top macro triggers that may move market on Thursday. This report was compiled from agency feeds.

Rein In Prices, India Tells Opec

Crude oil prices have become unsustainably high, hurting India’s fiscal balance and development plan, Oil Minister Dharmendra Pradhan told a gathering of ministers of the Organisation of Petroleum

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Hike in income cap for priority sector lending to help more people get home loans
MUMBAI: The Reserve Bank of India’s decision to increase the limit of annual family income for priority sector lending for housing projects is expected to allow more beneficiaries to avail such loans for housing, real estate experts said.

Late Tuesday, the central bank revised the existing limit for family income of Rs 2 lakh per annum for loans

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Dr CK Narayan of Chart Advise has a buy call on Tata Elxsi Ltd. with a target price of Rs 1340.0 . The current market price of Tata Elxsi Ltd. is Rs 1320.5 Time period given by the analyst is Intra Day when Tata Elxsi Ltd. price can reach defined target. Dr CK Narayan recommended to keep stoploss at Rs 1305. Tata Elxsi Ltd., incorporated in

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Asian shares subdued amid lull in trade spat, oil eases into Opec
SYDNEY: Asian shares were subdued on Thursday as a lull in the Sino-US trade tussle helped calm nerves enough for the Nasdaq to reach a record high, while tensions in the oil market grew ahead of an Opec meeting that may expand crude supply.

MSCI's broadest index of Asia-Pacific shares outside Japan was 0.05 per cent firmer, while Japan's Nikkei

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MUMBAI: An escalating trade dispute in between the US and China returned to haunt financial markets across the world with Indian stocks and rupee falling on Tuesday. Asian and European stocks fell after United States President Donald Trump threatened to impose a fresh round of tariffs on Chinese goods in the current round of trade war rhetoric in between the worldwide

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NEW YORK: General Electric Co’s ejection from the Dow Jones Industrial Average applies yet more pressure — and humiliation — to a company once revered as a model of corporate excellence.

While the decision to put Walgreens Boots Alliance Inc. in the blue-chip gauge in place of GE doesn’t change its fundamental outlook, the move will prompt some i

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The domestic equity market saw a modest technical pullback on Wednesday, as the benchmark Nifty index ended the day with net gains of 61.60 points, or 0.58 per cent. A mildly positive start to the trade strengthened further and this resulted in the market pulling back and ending with gains. The upward move was led by short covering, but it was

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Oberoi Realty raises Rs 1,200 crore through QIP
MUMBAI: Oberoi Realty has raised Rs 1,200 crore though issue of shares through a Qualified Institutional Placement (QIP), the Mumbai-based realty developer said in a regulatory filing.

The company has issued 2.40 crore shares at Rs 500 per piece, which is at a discount of Rs 9.29 per share to the floor price of Rs 509.29 per share determined as

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'BUY' or 'SELL' ideas from experts for Thursday, 21 June 2018
NEW DELHI: The domestic stock market is likely to open on a flat note on Thursday tracking global cues and Nifty futures on the Singapore Stock Exchange (SGX Nifty).

ET Now spoke to various experts and here's what they have to recommend for today's trade:

CK Narayan of Chart AdviseTata Elxsi is a 'buy' call with target price of Rs 1,340 and stop

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Bankers charged by investigative agencies
Mumbai: The Economic Offences Wing (EOW) of Pune police on Wednesday arrested Bank of Maharashtra chairman Ravindra Marathe, former chairman Sushil Muhnot, executive director Rajendra Gupta and three others for extending fraudulent loans to Pune-based DSK Group. Following is a list of bankers who have been charged by investigative agencies in the

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Sensex jumps over 100 pts, Nifty reclaims 10,750; IIFL up 3%
NEW DELHI: Braving trade war tensions, the bulls on Dalal Street took a giant leap in the opening deals on Wednesday.

At 09:22 am, the S-P BSE Sensex was trading a good 134 points higher at 35,420.84, with Mahindra - Mahindra, Vedanta and Axis Bank leading the gains.

The NSE's Nifty50 pack was trading 39.45 points or 0.37 per cent higher

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