ETMarkets Podcast: What's buzzing on D-Street this morning
Hi there..

From ETMarkets.com, I am Saloni Goel. And This is Markets Morning, the headlines first..

>> After Dow crash in overnight trade, Asian stocks rebound >> Govt abandons plan to sell state carrier Air India>> PNB internal report shows major lapses at many levels led to $2 billion fraud And >> India sees record

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Check out bulk deals on NSE, BSE from Tuesdaysession
NEW DELHI: Domestic equity market slipped for a second straight session on Tuesday, following weak global cues after the US and China reignited trade war worries.

The BSE Sensex closed 261 points, or 0.74 per cent, down at 35286.74, while NSE Nifty settled 89.40 points, or 0.83 per cent, down at 10,710.

As many as 26 stocks in the 30-share index

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Share market update: Nearly 100 stocks hit 52-week lows on NSE on Tuesday
NEW DELHI: As many as 99 stocks including Burnpur Cement, Vedanta, UltraTech Cement, Suzlon Energy and NTPC hit 52-week lows on NSE in Tuesday's bearish trade.

Amber Enterprises India, Asian Granito Indi, Can Fin Homes and CG Power - Industrial Solutions also featured among stocks that touched 52-week lows on NSE today.

Weighed down by

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Sell LIC Housing Finance, target Rs 470: Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a sell call on LIC Housing Finance Ltd. with a target price of Rs 470. The current market price of LIC Housing Finance Ltd. is Rs 490.2. Time period given by the analyst is Intra Day when LIC Housing Finance Ltd. price can reach defined target. Manas Jaiswal recommended to keep stoploss at Rs 501. LIC Housing

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NEW DELHI: Dalal Street appeared like a haunted location, as the bears prowled all over the location amidst trade war fears. The Nifty50 ended another session in the red after China vowed to retaliate forcefully versus United States President Donald Trump's threatened tariffs on another $200 billion Chinese imports. Panic selling in all counters sent out the Sensex crashi

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Stock market update: Pharma stocks fall; Sun Pharma among the top drags
NEW DELHI: Pharma stocks Biocon (down 1.52 per cent), Sun Pharmaceutical Industries (down 1.33 per cent), Divi's Laboratories (down 0.95 per cent), Lupin (down 0.41 per cent), Aurobindo Pharma (down 0.38 per cent) and Cipla (down 0.38 per cent) were incurring losses during the last hour of Tuesday's trading session, keeping the sectoral index

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'BUY' or 'SELL' ideas from experts for Wednesday, 20 June 2018
NEW DELHI: Domestic stocks are likely to see a flat start on Wednesday, tracking weak global cues and Nifty futures of the Singapore Stock Exchange (SGX).

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

Kunal Bothra, independent market expertAshok Leyland is a 'buy' call

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Stock market update: These stocks defied weak market sentiment, zoomed over 10%
NEW DELHI: Shares of Wheels India (up 20 per cent), Borosil Glass Works (up 13.67 per cent) and Mahindra Lifespace Developers (up 11.22 per cent) surged over 10 per cent on NSE on Tuesday despite weak market sentiment.

Shares of Jaiprakash Associates (up 9.09 per cent), UCO Bank (up 7.59 per cent) and V-Mart Retail (up 6.18 per cent) also saw

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Escalating tariff tit-for-tat pummels European autos, industrials stocks
LONDON: An escalating protectionist tit-for-tat between the US and China extended a selloff in European shares on Tuesday with autos, mining and technology stocks in the eye of the storm.

Europe's main equity benchmarks sank 1 to 1.7 per cent by 0825 GMT after Trump warned Washington would impose a 10 per cent tariff on $200 billion of Chinese

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Buy Kaveri Seed Company, target Rs 610: Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a buy call on Kaveri Seed Company Ltd. with a target price of Rs 610. The current market price of Kaveri Seed Company Ltd. is Rs 583.35. Time period given by the analyst is Intra Day when Kaveri Seed Company Ltd. price can reach defined target. Manas Jaiswal recommended to keep stoploss at Rs 565. Kaveri Seed

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Stock market update: These stocks plunged over 5% on NSE on Tuesday
NEW DELHI: Shares of Avanti Feeds (down 7.13 per cent), DCM Shriram (down 6.36 per cent), Firstsource Solutions (down 5.99 per cent), Motilal Oswal Financial Services (down 5.80 per cent) and KRBL (down 5.63 per cent) plunged over 5 per cent on NSE on Tuesday.

Stocks such as TeamLease Services (down 4.98 per cent), SAIL (down 4.77 per cent), ITI (d

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Stock market update: FMCG index in the red; Godrej Industries tanks 3%
NEW DELHI: The Nifty FMCG index was trading 0.13 per cent down at 28,673 around 02:55 pm on Tuesday.

Shares of Tata Global Beverages (down 3.03 per cent), Godrej Industries (down 2.99 per cent) and Jubilant Foodworks (down 2.01 per cent) were the top losers in the index.

Britannia Industries (down 1.89 per cent), Emami (down 1.55 per cent), Dabur

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ET Intelligence Group: India’s largest insurance company, the Life Insurance Corporation (LIC), has been continuously investing in consumption stocks, anticipating buoyancy in both urban and rural spends on items such as cookies, soaps, packaged foods, and homecare products.

Accordingly, LIC has raised its stake in prominent consumption companies

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Tech view: Nifty forms Bearish Belt Hold, signals breakdown
NEW DELHI: Tuesday marked the second consecutive session when the Nifty50 hit an intraday high in opening trade, but then slipped through the day to barely end above the 10,700 level.

In the process, the index formed a ‘Bearish Belt Hold’ pattern on the daily chart. The Narrow Range 7 (NR7) pattern has sent a breakdown signal. In addition to wea

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Stock market update: Realty stocks crumble; Godrej Properties, IB Real Estate tank over 3%
NEW DELHI: Most realty stocks were trading in the red during afternoon trade on Tuesday.

The Nifty Realty index was trading 2 per cent down at 281 around 02:45 pm with all components in the red.

Godrej Properties (down 3.33 per cent), Indiabulls Real Estate (down 3.11 per cent) and Housing Development - Infrastructure (down 3.09 per cent)

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The Tuesday’s session saw the equity market trading in a downward trajectory, as the NSE benchmark Nifty slipped further and ended the day 89.40 points or 0.83 per cent lower. The market remained in falling trajectory throughout the session and at no point did it make any attempt to recover.

As we approach Wednesday, there are chances that Nifty

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Stock market update: ICICI Bank, RIL, TCS most active stocks in value terms
NEW DELHI: ICICI Bank (Rs 791.96 crore) finished Tuesday's session as the most active stock in value terms on NSE.

The stock closed the day at Rs 292.30, down 0.24 per cent on NSE. The bank's CEO Chanda Kochhar will go on leave to facilitate an independent investigation into charges of favouritism and impropriety while the group's life insurance

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Rupee slides 4 paise to 68.03 against US dollar
MUMBAI: The rupee traded lower by 4 paise at 68.03 against the US dollar in early trade today, pressured by a lower opening in the domestic stock market.

Increased demand for the American currency from importers and banks amid persistent foreign fund outflows also weighed on the rupee.

Foreign portfolio investors (FPIs) sold shares worth Rs 754.43

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Wall Street slides, Dow erases 2018 gains as trade spat intensifies
US stocks slumped on Tuesday, with the Dow Jones Industrial Average erasing its gains for the year, as markets were rattled by a sharp escalation of the trade dispute between the United States and China.

U.S. President Donald Trump, in an unexpectedly swift and sharp move, threatened to impose a 10 percent tariff on $200 billion of Chinese goods

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F O: Put unwinding, brisk Call writing shift trading range lower
By Chandan TapariaThe Nifty50 index opened in the negative and continued to face selling pressure towards the 10,700 level. It formed a Bearish Belt Hold pattern on the daily scale and broke its immediate support at 10,750 and 10,720 levels. It has seen a breakdown from its narrow range 7 (NR7) pattern and closed near the support of its rising

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Rupee slides 4 paise to 68.03 against US dollar
MUMBAI: The rupee traded lower by 4 paise at 68.03 against the US dollar in early trade today, pressured by a lower opening in the domestic stock market.

Increased demand for the American currency from importers and banks amid persistent foreign fund outflows also weighed on the rupee.

Foreign portfolio investors (FPIs) sold shares worth Rs 754.43

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Bharat 22 ETF subscribed 3.4 times by anchor investors
The second tranche of Bharat-22 ETF follow-on offer was lapped up by institutional investors today, with the portion reserved for anchor bidders getting subscribed 3.44 times to the tune of Rs 5,163 crore.

The government today launched the follow-on fund offer (FFO) of Bharat-22 Exchange Traded Fund (ETF), comprising shares of 22 companies, to

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Sensex, Nifty tumble as trade war fears intensify
NEW DELHI: Weighed down by sustained selling in sectors including, IT, metal, oil - gas and auto, equity benchmarks Sensex and Nifty extended their losses for a second consecutive session on Tuesday.

Investors were on a selling spree, taking cues from the weakness in global stocks amid escalating trade spat between the US and China.

World's

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Commenting feature is disabled in your country/region. Disclaimer: This recommendation is expert's own and does not represent those of economictimes.com - ETMarkets.com. Please consult your monetary advisor before taking any position in the stock/s mentioned.From Around The WebMore from The TheIndianSubcontinent

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Pharma stocks back in vogue! Use this strategy to beat market volatility
Reasonable valuations along with expectations of potential upside made pharmaceutical stocks buzzing among investors on Dalal Street as well as mutual funds in June.

ICICI Prudential, country’s biggest mutual fund in terms of assets, has come up with a way to tap the opportunity with a sector-specific scheme -- ICICI Prudential Pharma Healthcare a

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Share market update: Top Nifty gainers and losers of Tuesday's session
NEW DELHI: Bajaj Finance, GAIL (India), ITC, HDFC, Power Grid Corporation and HDFC Bank closed Tuesday's session as the top gainers in the Nifty index.

On the contrary, Vedanta, Indian Oil Corporation, HPCL, UPL, Mahindra - Mahindra and BPCL stood as the top losers in the Nifty index.

Weighed down by sustained selling in most sectors, led by

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PUNE: Area under sugarcane cultivation in Maharashtra, India’s second-largest sugar producing state, is expected to increase nearly 25 per cent in the next crushing season beginning October 1. Experts said assured returns for growers, coupled with better water availability, would propel the shift to sugarcane cultivation, especially given p

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India Inc's debt levels set to improve, says Moody's
Mumbai: Leverage ratios for non financial Indian companies will improve slightly in the fiscal year ended March 2019 mainly because of growth in revenue, though telecommunications, metals and mining sectors will remain burdened by debt, Moody’s Investors Service said in a note on Tuesday.

Aggregate debt to EBITDA (earnings before interest tax

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Share market update: 20 stocks hit 52-week highs on NSE on Tuesday
NEW DELHI: Bata India, Zydus Wellness, Khadim India, Tata Elxsi, Torrent Pharmaceuticals and United Breweries featured among the 20 stocks that hit 52-week highs on NSE despite bearish market sentiment on Tuesday.

However, 99 stocks hit 52-week lows on NSE today.

Weighed down by sustained selling in most sectors, led by IT, metal, oil - gas

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PUNE: Area under sugarcane cultivation in Maharashtra, India’s second-largest sugar producing state, is expected to increase nearly 25 per cent in the next crushing season beginning October 1. Experts said assured returns for growers, coupled with better water availability, would propel the shift to sugarcane cultivation, especially given p

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