StockMarket

Sensex, Nifty snap 3-day winning run; Reliance at lifetime high
NEW DELHI: Sustained selling in majority of sectors, led by IT, bank and consumer durables, in the light of weak global cues weighed on market sentiment, as benchmarks Nifty and Sensex snapped their 3-day winning streak on Thursday.

Participants' risk appetite took a hit from negative global sentiment after the US Federal Reserve raised interest

Details
Category: Stock Market

Write comment (95 Comments)

'BUY' or 'SELL' ideas from experts for Thursday, June 14, 2018
NEW DELHI: Domestic stocks are likely to see a negative start on Wednesday. Nifty futures on the Singapore Stock Exchange were trading 35.50 points, or 0.33 per cent, lower at 10,809.50, indicating a negative start for the Nifty50.

Here's what analysts are recommending for today's trade:

Kunal Bothra, independent market expert Kaveri Seed is a

Details
Category: Stock Market

Write comment (95 Comments)

Fitch downgrades viability rating of SBI, Bank of Baroda on poor asset quality
NEW DELHI: Fitch Ratings on Wednesday downgraded the Viability Rating (VR) of State Bank of India and Bank of Baroda by one-notch, reflecting weak risk profile due to negative effect of poor asset quality.

Fitch, which has a negative sector outlook on Indian banks, however, affirmed the 'BBB' Long-Term Issuer Default Ratings (IDRs) of SBI, BoB,

Details
Category: Stock Market

Write comment (100 Comments)

Share market update: Top Nifty gainers and losers of Thursday's session
NEW DELHI: Lupin, Sun Pharma, HCL Tech, Cipla, YES Bank and Dr Reddy's Labs finished Thursday's session topping the Nifty index.

On the contrary, Tech Mahindra, Tata Consultancy Services, Adani Ports, Indiabulls Housing Finance and Indian Oil Corporation stood as the top losers in the Nifty index.

Sustained selling in a majority of sectors, led by

Details
Category: Stock Market

Write comment (96 Comments)

Buy TCS, target Rs 1875: Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a buy call on Tata Consultancy Services Ltd. with a target price of Rs 1875. The current market price of Tata Consultancy Services Ltd. is Rs 1824.2. The time period given by the analyst is Intra Day when Tata Consultancy Services Ltd. price can reach defined target. Manas Jaiswal recommended to keep stop
Details
Category: Stock Market

Write comment (90 Comments)

Wall Street edges higher as Fed decision looms
NEW DELHI: US stocks inched higher on Wednesday, as investors awaited a widely expected interest rate hike by the Federal Reserve and its guidance on the monetary policy.

Media stocks were under the spotlight after a court approved AT-T's $85 billion deal to buy Time Warner.

Shares of the HBO channel owner rose 2.6 per cent. However, AT-T

Details
Category: Stock Market

Write comment (97 Comments)

F O: Nifty forms higher high; needs to hold 10,770
By Chandan Taparia Nifty futures opened in the negative, but managed to respect the key support at 10,770 level and recovered to the 10,815 level. The index closed in the negative and formed a small bearish candle on daily scale, while the weekly candle is forming a small-bodied candle with bigger shadows.

Now, it has to continue to hold above

Details
Category: Stock Market

Write comment (91 Comments)

Independent analyst Kunal Bothra has a buy call on Kaveri Seed Company Ltd. with a target price of Rs 585. The current market price of Kaveri Seed Company Ltd. is Rs 563.2. Time period given by the analyst is Intra Day when Kaveri Seed Company Ltd. price can reach defined target. Kunal Bothra recommended to keep stoploss at Rs 552.

Kaveri Seed

Details
Category: Stock Market

Write comment (92 Comments)

ETMarkets Radio: Bulls in charge, but for how long
You are listening to ETMarkets Evening Podcast and it's good to have you here with me.

I am Swati Verma. Here's the market wrap of the day. Plus, all those sharp analyses from the voices that matter.

Investors' anxiety is reaching sky high. After all, the US Fed's policy decision is due tonight. And needless to say, investors are all up and awake.

Details
Category: Stock Market

Write comment (99 Comments)

Share market update: 17 stocks hit 52-week highs on NSE
NEW DELHI: As many as 17 stocks including Reliance Industries, United Breweries, VIP Industries, Mahindra Logistics and GlaxoSmithKline Pharmaceuticals hit 52-week highs on NSE on Thursday.

On the other hand, 50 stocks including Galaxy Surfactants, Hindustan Aeronautics, Jagran Prakashan and Khaitan Electricals hit 52-week lows on NSE.

Sustained

Details
Category: Stock Market

Write comment (99 Comments)

HDFC Bank, Reliance Capital and Usha Martin among stocks in focus
NEW DELHI: The domestic equity market is likely to see a flat to negative start on Thursday, tracking Nifty futures on the Singapore Stock Exchange (SGX).

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

HDFC Bank: The lender has approval to sell fresh shares in India and abroad in what could result in the

Details
Category: Stock Market

Write comment (91 Comments)

Canara Bank to raise up to Rs 7,000 crore in FY19

Commenting feature is disabled in your country/region.

From Around The Web

More from The TheIndianSubcontinent

Details
Category: Stock Market

Write comment (95 Comments)

Share market update: 50 stocks hit 52-week lows on NSE on Thursday
NEW DELHI: As many as 50 stocks including Galaxy Surfactants, Hindustan Aeronautics, Jagran Prakashan, Khaitan Electricals, Mandhana Industries, Rana Sugars, Tamilnadu Telecommunication and Videocon Industries hit 52-week lows on NSE on Thursday.

Sustained selling in a majority of sectors, led by IT, bank and consumer durables, in the light of

Details
Category: Stock Market

Write comment (100 Comments)

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

US Fed Raises Rates, Signals Two More Hikes in 2018

The Federal Reserve raised interest rates on Wednesday, a move that was widely expected but still marked a milestone in the US central bank's shift from policies used to battle the

Details
Category: Stock Market

Write comment (93 Comments)

TCS up over 2%; m-cap rises by Rs 16,539 crore on share buyback plan
NEW DELHI: The scrip of Tata Consultancy Services (TCS) ended with over 2 per cent gains on Wednesday, adding Rs 16,539 crore to its market valuation, on the company's plan to buy back shares at its board meeting later this week.

The stock gained 2.43 per cent to end at Rs 1,824.20 on BSE. During the day, it rose by 2.86 per cent to Rs 1,832.

On NS

Details
Category: Stock Market

Write comment (99 Comments)

Unilever signals unlikely to stay in FTSE after Dutch move
LONDON: Consumer goods group Unilever said it is "extremely unlikely" to stay in Britain's blue-chip FTSE 100 index after ending its dual-headed structure and moving its headquarters to the Netherlands.

Unilever's chief financial officer Graeme Pitkethly told a conference hosted by Deutsche Bank on Thursday, that after "engaging very extensively"

Details
Category: Stock Market

Write comment (93 Comments)

Pharma in better health, these five stocks may be a good bet
Pharma stocks were in the limelight on Wednesday after Sun Pharmaceutical Industries’ Halol facility got clearance from the US Food and Drug Administration, removing a key overhang on the stock. The Nifty Pharma index ended up 0.9 per cent at 8,948.95 and is up 13 per cent from recent lows, reflecting the improving health of the sector. While
Details
Category: Stock Market

Write comment (96 Comments)

ICICI Bank to sell 2% stake in life insurance arm
NEW DELHI: ICICI Bank on Wednesday said it will offload 2 per cent stake in its insurance arm ICICI Prudential Life in one or more tranches.

Based on insurer's stock closing price of Rs 410.25 on BSE today, the stake sale is estimated to fetch the bank Rs 1,178 crore.

"The Board of Directors of the bank today approved the sale of up to 2,87,11,100

Details
Category: Stock Market

Write comment (90 Comments)

Rosy Indian economy will soften the blow of Fed rate hikes
Acche Din for the US Well, Fed Chairman Jerome Powell has said as much. He made it clear that the US economy is "doing very well" soon after the Fed raised interest rates by a quarter percentage point to a range of 1.75 per cent to 2 per cent for the second time this year. The increase does not come as a surprise to markets, but the slightly
Details
Category: Stock Market

Write comment (92 Comments)

The bull run, which began in September 2013, has produced many winners on Dalal Street. Many small-caps turned into mid-caps, and some mid-caps grew bigger than some of the traditional large-caps. Some of the big guns of today such as Bajaj Finance, IndusInd Bank, Bajaj Finserv, Bajaj Auto, Titan were actually little-known small-caps 10 years ago.
Details
Category: Stock Market

Write comment (96 Comments)

Tech view: Nifty50 forms small bearish candle, looks indecisive
NEW DELHI: The bulls turned nervous at higher level, as the Nifty50 ended Wednesday’s session with mild gains. The index made a Small Bearish Candle on the daily chart that resembled a three-candle 'Stalled' pattern, showing indecisiveness. A continuation of higher high, higher low formation, though, suggested support had shifted higher.

Nifty

Details
Category: Stock Market

Write comment (90 Comments)

Jay Thakkar of Anand Rathi has a sell call on Multi Commodity Exchange of India Ltd. with a target price of Rs 790. The current market price of Multi Commodity Exchange of India Ltd. is Rs 820.05. Time period given by analyst is Intra Day when Multi Commodity Exchange of India Ltd. price can reach defined target. Jay Thakkar recommended to keep
Details
Category: Stock Market

Write comment (91 Comments)

Asian shares down on Fed hike, Sino-US trade anxiety
TOKYO: Asian shares edged down on Thursday after the Federal Reserve raised interest rates and took a more hawkish tone in forecasting a slightly faster pace of tightening for the rest of the year, while concerns about US-China trade frictions kept investors on edge.

MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.25 per cent in

Details
Category: Stock Market

Write comment (90 Comments)

F O: Options data show Nifty supports shift higher gradually
By Chandan TapariaNEW DELHI: The Nifty50 index opened with a gap up, but failed to hold above 10,888 and remained consolidative with support at the 10,850 level. The index closed marginally positive, but formed a Bearish Candle, as it slipped from higher levels.

While it continued to form higher lows on the daily scale, but absence of followup

Details
Category: Stock Market

Write comment (96 Comments)

Sell Tata Steel, target Rs 544: Jay Thakkar
Jay Thakkar of Anand Rathi has a sell call on Tata Steel Ltd. with a target price of Rs 544. The current market price of Tata Steel Ltd. is Rs 567.5 Time period given by analyst is Intra Day when Tata Steel Ltd. price can reach defined target. Jay Thakkar recommended to keep stoploss at Rs 580. Tata Steel Ltd., incorporated in 1907, is a
Details
Category: Stock Market

Write comment (91 Comments)

In Wednesday’s session, Nifty made a half-hearted attempt to move past the 10,850 mark, which has been posing critical resistance to the index. In a session that remained largely rangebound and capped on the upside, the 50-pack came off from the high point of the day and settled with minor gains of 13.85 points, or 0.13 per cent.

We expect a quiet

Details
Category: Stock Market

Write comment (91 Comments)

Sensex, Nifty stay up for Day 3 ahead of Fed call
NEW DELHI: An uptick in IIP data kept market in good humour as headline indices Sensex and Nifty rose for the third straight day just ahead of the US Fed policy outcome today.

Most analysts expect that a rate hike this time around is almost a done deal.

Industrial production in India picked up 4.9 per cent in April compared with 4.5 per cent in

Details
Category: Stock Market

Write comment (99 Comments)

Buy Trent, target Rs 345.: Manas Jaiswal
Manas Jaiswal of manasjaiswal.com has a buy call on Trent Ltd. with a target price of Rs 345. The current market price of Trent Ltd. is Rs 325.5. The time period given by the analyst is Intra Day when Trent Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss at Rs 314.

Trent Ltd., incorporated in 1952, is a midcap

Details
Category: Stock Market

Write comment (94 Comments)

US Fed raises policy rate by 25 bps; signals two more hikes in 2018
Federal Reserve officials raised interest rates for the second time this year and upgraded their forecast to four total increases in 2018, as unemployment falls and inflation overshoots their target faster than previously projected.

The so-called “ dot plot” released Wednesday showed eight Fed policy makers expected four or more quarter-point rate

Details
Category: Stock Market

Write comment (91 Comments)

Gold rises Rs 150 on jewellers' buying; silver slips
NEW DELHI: Reversing a two-day falling streak, gold prices climbed by Rs 150 to Rs 31,950 per 10 grams at the bullion market today on fresh buying by local jewellers even as the metal weakened overseas.

Silver, however, succumbed to selling pressure and shed Rs 10 to Rs 41,550 per kg.

Traders attributed the recovery in gold prices to increased

Details
Category: Stock Market

Write comment (91 Comments)