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Stock market update: Sun Pharma, Reliance Industries most active stocks in value terms on NSE
NEW DELHI: Sun Pharma (Rs 883.06 crore) finished Monday's session as the most active stock in terms of value on NSE.

It was followed by Reliance Industries (Rs 680.60 crore), PC Jeweller (Rs 512.81 crore) and State Bank of India (Rs 503.53 crore).

ICICI Bank (Rs 485.14 crore), Bajaj Finance (Rs 460.57 crore), Tata Motors (Rs 455.47 crore), Vedanta

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S.Korean exchange Coinrail says hit by hackers, bitcoin slides
SEOUL : South Korean cryptocurrency exchange Coinrail said it was hacked over the weekend, prompting an extended sell-off of bitcoin to a 2-month low amid growing concerns about security at small- to mid-sized virtual currency exchanges.

In a statement on its website on Monday, Coinrail said its system was under "cyber intrusion," causing a loss

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Stock market update: Sensex, Nifty tread higher, but these stocks plunge up to 6%
NEW DELHI: Shares of Intrasoft Technologies (down 6.62 per cent), Kwality (down 4.98 per cent) and JBF Industries (down 4.93 per cent) plunged up to 6 per cent on NSE during Monday's trade even as equity markets were in the positive zone.

Stocks such as Electrosteel Steels (down 4.35 per cent), Everest Kanto Cylinder (down 3.81 per cent), PNB

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Stock market update: Check out the most traded stocks on NSE on Monday
NEW DELHI: Reliance Communications finished Monday's session as the most traded stock on NSE, with over 6.10 crore shares of the company changing hands during the day.

Punjab National Bank (number of shares traded: 3.72 crore) and PC Jeweller (3.50 crore) were up next.

Suzlon Energy (3.22 crore), JP Associates (2.56 crore), Federal Bank (2.53

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S.Korean exchange Coinrail says hit by hackers, bitcoin slides
SEOUL : South Korean cryptocurrency exchange Coinrail said it was hacked over the weekend, prompting an extended sell-off of bitcoin to a 2-month low amid growing concerns about security at small- to mid-sized virtual currency exchanges.

In a statement on its website on Monday, Coinrail said its system was under "cyber intrusion," causing a loss

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Wait for strong reversal signal before stock picking
By Jay PurohitWhere we areThe week kick-started with a gap up opening on Monday; but bears took that as a shorting opportunity and dragged the Nifty lower by around 150 points from its opening price. The sharp fall of Monday was followed by a negative price action on Tuesday. However, the Nifty seen sharp recovery in the later half of the week.
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Stock market update: These stocks surged up to 20% on NSE on Monday
NEW DELHI: Shares of Alembic Pharmaceuticals (up 20 per cent), Jai Corp (up 19.98 per cent) and Marathon Nextgen Realty (up 16.38 per cent) closed the day with gains of up to 20 per cent on NSE on Monday.

Walchandnagar Industries (up 14.65 per cent), Precision Wires India (up 12.70 per cent), AstraZeneca Pharma India (up 12.56 per cent), Reliance

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12 stock ideas from top brokerages that can deliver gains in next 3 weeks
NEW DELHI: The bulls were a happy lot last week, as they finally managed to sign off on a high. It was the third straight week when the benchmark indices ended with gains.

A surprisingly positive outcome from RBI’s policy review and easing of crude oil prices helped lift the mood on Dalal Street. However, a weakening rupee and volatility in oil p

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Stock market update: Sun Pharma, RIL most active stocks in value terms on Monday's morning session
NEW DELHI: The counter of Sun Pharma (Rs 312.58 crore) was buzzing as the most active stock in terms of value on NSE in morning trade on Monday.

Reliance Industries (RIL) (Rs 173.66 crore), State Bank of India (Rs 131.53 crore), Bajaj Finance (Rs 121.45 crore) and ICICI Bank (Rs 113.24 crore) were up next among the most active stocks in terms of

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NEW DELHI: It wasn't rather a Monday for the bulls on Dalal Street, as volatility grasped the market, leaving them high and dry! The message of the market was loud and clear: We remain in the range and let's respect that variety. The S-P BSE Sensex slipped 221 points from day's high to end at 35,483, up just 40 points. For NSE's Nifty50 pack, the 1
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Stock market update: PSU bank stocks in a sweet spot; Nifty PSU Bank index climbs nearly 2%
NEW DELHI: PSU bank stocks were in the sweet spot during the first half of Monday's trade.

Six more state-run banks are at risk of entering the Reserve Bank of India's prompt corrective action (PCA) framework, ET reported citing officials.

These include Punjab National Bank, Union Bank of India and Syndicate Bank, they said, adding that this may

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Podcast: What's buzzing on Dalal Street this morning
>> Trade war fears return to haunt global markets after Trump tantrum at the G7

>> Government opens up 10 joint secretary-level posts for private sector professionals

>> Fraud-hit PNB promises to deliver big profit in Q2

and

>> The Swiss have just rejected a plan to bar commercial banks from creating money electronically

Goo

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Tech view: Gravestone Doji on Nifty chart signals trend reversal
NEW DELHI: A strong selloff from day's high of 10,850 level wiped off most of the gains that Nifty50 had logged in intraday trade on Monday. This resulted in the formation of a small real body on the daily chart, with a long upper shadow that resembled a 'Gravestone Doji' pattern. The formation signalled a short-term reversal.

That said, the

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CLSA upbeat on Mahanagar Gas, Gujarat Gas, IGL; should you buy in
Global brokerage firm CLSA has maintained ‘Buy’ rating on city gas distribution companies (CGD), including Mahanagar Gas (MGL), Indraprastha Gas (IGL) and Gujarat Gas.

The respective target prices are Rs 1,200, Rs 390 and Rs 1,170.

Mahanagar Gas on June 9 hiked prices of domestic piped natural gas (PNG) and compressed natural gas (CNG) by around

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This week in EM: Brazil boosts currency defense, while India and Turkey hike rates
By Yumi Teso, George Lei and Alex Nicholson

Emerging markets had a rocky week as plunging currencies prompted India and Turkey to raise interest rates to halt a rout in the rupee and lira, with only partial success. Brazil rolled out enough financial ammunition to arrest the real’s slump to a two-year low.

The MSCI Emerging-Market Currency Index

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Stock market update: These stocks plunged over 10% on NSE on Monday
NEW DELHI: Shares of Intrasoft Technologies (down 12.39 per cent) and Nalwa Sons Investments (down 10.77 per cent) plunged over 10 per cent on NSE, featuring among the top losers of Monday's session.

Stocks such as Everest Kanto Cylinder (down 5.11 per cent), Jindal Worldwide (down 5 per cent), Soril Infra Resources (down 5 per cent), Kwality

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Stock market update: Bajaj Finance, Godrej Consumer Products, Infosys among stocks that hit 52-week highs
NEW DELHI: Shares of Bajaj Finance, Avenue Supermarts, Firstsource Solutions and Godrej Consumer Products hit 52-week highs on NSE during Monday's trade.

Green Fire Agri Commodities, Infosys, Manali Petrochemicals, Nestle India, Pfizer and United Breweries also appeared among stocks that touched 52-week highs.

By 10:40 am, as many as 12 stocks had

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After gaining 83 points in the previous session, the Indian equity markets saw consolidation happening in the Friday’s trade. The markets opened lower and after testing lows of the day by afternoon, the benchmark Nifty50 saw remarkable recovery in the second half of the trade. The benchmark index recouped nearly all of its losses and ended the day
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F O: Dojis on Bank Nifty charts show tussle between bulls bears
By Chandan TapariaThe Nifty50 index opened flat and extended its gains towards the 10,850 level by making the highest level in last 19 sessions since the Karnataka election result day. The index failed to hold above 10,850 and drifted towards 10,786 level. It formed a Shooting Star candle on daily scale, indicating the absence of followup buying
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Stock market update: Over 40 stocks hit 52-week lows on NSE
NEW DELHI: Over 40 stocks including Ramsarup Industries, Excel Realty N Infr, Arrow Greentech and Kwality hit 52-week lows on NSE during the first half of Monday's session, even as equity markets were in the positive zone.

Kernex Microsys, JBF Industries, Rohit Ferro-Tech, Videocon Industries, Stampede Capital, KSK Energy Ventures, Golden Tobacco,

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By Elena Popina and Sarah PonczekThe world’s favorite stocks fought through to their seventh rally in nine weeks, though not without landing a few blows on traders.

For about 24 hours on Thursday and Friday, losses in the FAANG block looked liable to snowball, bringing back memories of a similarly out-of-the-blue lurch almost exactly a year ago

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Sensex, Nifty wipe off gains in late selloff, end nearly flat
NEW DELHI: In a highly volatile session on Monday, the domestic equity benchmarks gave up decent early gains to end nearly flat, as profit taking in banks and IT stocks during the fag-end of the session weighed on market sentiment.

After gains in the first half, Sensex and Nifty cooled off during the afternoon session, as investors turned to

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Ruchi Soya up on likely fresh bid from Patanjali
Ruchi Soya Industries jumped early Monday after reports that Baba Ramdev-promoted Patanjali Ayurved is likely to submit a revised bid today to acquire the company.

Patanjali is in race with the Adani group to take over the bankruptcy-hit Ruchi Soya. Lenders of the edible oil firm have decided to hold a fresh round of resolution between the two

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GVK may file DRHP for airports vertical IPO next month
HYDERABAD: GVK Group which operates Mumbai international airport, may file a Draft Red Herring Prospectus with market regulator SEBI for an IPO of it's airports vertical, a senior executive of the infra major said.

IssacGeorge, CFO of GVK, also said the State Bank of India has given an initial term sheet on the financial closure of the Navi Mumbai

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Stock market update: 19 stocks hit 52-week highs on NSE on Monday
NEW DELHI: VIP Industries, United Breweries, Pfizer and Nestle India stood among the 19 stocks that touched 52-week highs on NSE on Monday.

Marico, Manali Petrochemicals, Infosys, Godrej Consumer Products, Firstsource Solutions, Bajaj Finance and Avenue Supermarts were also in the pack of stocks that touched 52-week highs on NSE.

Sensex and Nifty

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Stock market update: These stocks surge over 7% on NSE
NEW DELHI: Shares of Kirloskar Brothers (up 8.75 per cent), Zee Learn (up 7.87 per cent) and PC Jeweller (up 7.05 per cent) surged over 7 per cent on NSE during morning trade on Monday.

Shares of Alembic Pharma (up 6.84 per cent), Taj GVK Hotels (up 6.82 per cent), Avanti Feeds (up 6.39 per cent) and Corporation Bank (up 6.17 per cent) jumped over

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NSE IFSC issues 'omnibus' trade framework to ease market access for overseas investors
NEW DELHI: NSE IFSC, a subsidiary of the National Stock Exchange, has put in place a framework for 'omnibus' trade, which will help overseas investors escape direct registration process and go through authorised brokers, senior officials have said.

The move will also help in smooth transition of liquidity from Singapore Exchange (SGX) to Indian

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Opportunity Supermarts, the owner of D-Mart, hit a fresh all-time high up on Monday early morning, driving its market capitalisation beyond Rs 1 lakh crore. The scrip increased 1.13 percent to Rs 1,608.65 at around 10.30 am. It opened the day at Rs 1,593.05 and scaled a brand-new record at Rs 1,619.95 up until now. The rally translates into over 20 per cent from the stock's
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ICICI Bank drops 2% as bank, Kochhar come under SEC lens
NEW DELHI: Shares of ICICI Bank fell 2 per cent in Monday's trade amid reports that the US markets regulator, the Securities and Exchange Commission (SEC), has started a probe against ICICI Bank, its chief Chanda Kochhar and her family members.

Besides, the Indian regulators and investigative agencies are mulling seeking help from their overseas

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Total net loss of public sector banks topped Rs 87,000 crore in FY18
NEW DELHI: The cumulative loss of public sector banks crossed a whopping Rs 87,357 crore in the 2017-18 fiscal, with scam-tainted Punjab National Bank topping the chart with a hit of nearly Rs 12,283 crore followed by IDBI Bank.

Out of 21 state-owned banks, only two -- Indian Bank and Vijaya Bank -- posted profits during 2017-18. Indian Bank

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