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Stock market update: These stocks plunged up to 5% on NSE on Friday
NEW DELHI: Shares of Castrol India (down 5.17 per cent), JBF Industries (down 4.97 per cent), Bhushan Steel (down 4.93 per cent), Kwality (down 4.89 per cent) and Edelweiss Financial Services (down 4.84 per cent) plunged up to 5 per cent on NSE on Friday, featuring among the top losers of the day.

The two-day rally in the market came to a halt on

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Stock market update: Telecom stocks mixed; MTNL among the top losers
NEW DELHI: Telecom stocks were trading mixed during afternoon trade on Friday.

Shares of OnMobile Global (down 3.94 per cent), MTNL (down 3.39 per cent) and GTL (down 2.98 per cent) were top losers in the telecom index.

Shares of GTL Infrastructure, Himachal Futuristic Communications and Sterlite Technologies tanked up to 2 per cent in the index,

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Tech view: Nifty50 forms Shooting Star pattern, has to breach 10,830
NEW DELHI: Nifty50 on Thursday climbed for the second session to form a Shooting Star-like pattern on the daily chart. The index kissed the 10,800 level during the session, but faced selling pressure at higher levels.

For the prevailing momentum to continue, the index needs to breach the 10,830 level decisively in the near future.

For the day, the

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Sensex, Nifty snap 2-day rally; HDFC duo top drag
NEW DELHI: The two-day rally in the market came to a halt on Friday, as key indices Nifty and Sensex finished almost flat after gains in Sun Pharma, Reliance Industries and Infosys were offset by losses in HDFC, HDFC Bank and ITC.

Sensex and Nifty rallied for the last two sessions even as the Reserve Bank of India hiked the short-term lending rate

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Stock market update: Castrol, BPCL keep oil gas index down
NEW DELHI: Most oil - gas stocks were incurring losses during afternoon trade on Friday, keeping the sectoral index down.

The BSE Oil - Gas index was trading 0.69 per cent down at 14,460 around 01:45 pm with Castrol India (down 4.55 per cent) as the top loser.

BPCL (down 1.83 per cent), Petronet LNG (down 1.69 per cent), HPCL (down 1.44

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Stock market update: These stocks surged up to 20% on NSE on Thursday
NEW DELHI: Shares of Maithan Alloys (up 20 per cent), Ramky Infrastructure (up 19.98 per cent) and Unitech (up 19.28 per cent) surged up to 20 per cent on NSE on Thursday amid positive market sentiment.

Stocks such as V-Mart Retail (up 14.85 per cent), Fertilizers and Chemicals Travancore (up 14.79 per cent), IFB Industries (up 12.75 per cent) and

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Stock market update: Bajaj Finance, Infosys among stocks that touched 52-week highs on Friday
NEW DELHI: Shares of Bajaj Finance, Firstsource Solutions, Indiabulls Integrated Services, Infosys and Sasken Technologies hit 52-week highs on NSE on Friday.

In total, 9 stocks managed to touch 52-week highs in Friday's weak market.

However, 68 stocks including Zylog Systems, Uttam Galva Steels, GTL Infrastructure hit 52-week lows on NSE today.

Th

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Midcaps will make money again, but hold your horses for now: Experts
By Ajaya Sharma

If the first sign of a rebound in the domestic equity market is tempting you to think of value hunting in midcaps, hold your horses. The pain in that space is not over yet. Or, so say six market veterans that ETNOW spoke to understand what is causing the mayhem in midcaps and how long might it last.

Prominent values investors

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F O: Brisk Put writing at 10,700 and 10,800 turns market bullish
By Chandan TapariaThe Nifty50 index opened with a gap up and headed towards the 10,818 level by surpassing the previous hurdle at 10,770 level. However, it slipped from higher levels in the last hour of the session and closed near the crucial 10,770 marks. Now, it has to continue to hold above 10,720 to witness an upward move towards 10,800 and
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Stock market update: Nearly 70 stocks hit 52-week lows on NSE on Friday
NEW DELHI: As many as 68 stocks including Zylog Systems, Uttam Galva Steels, GTL Infrastructure, Rana Sugars and Pochiraju Industries hit 52-week lows on NSE on Friday.

Indiabulls Integrated Services, Alchemist, Alembic Pharmaceuticals, Ashiana Housing, Educomp Solutions and Ganges Securities also featured among stocks that touched 52-week lows on

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Sebi probe into co-location case nearing end; NSE, select brokers face heavy penalty
NEW DELHI: Markets watchdog Sebi is in advance stages of passing an order in the NSE co-location case, ETNOW reported on Friday quoting sources.

The regulator is investigating alleged preferential treatment given to a few high-frequency traders and brokers on the exchange’s trading platform.

Sebi has found that brokers and NSE officials had

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Sensex rises 243 pts, Nifty tops 10,750; 8 of every 10 smallcaps end higher
NEW DELHI: Indian equity benchmarks rose for a second straight session riding gains in bank, IT, auto and metal stocks, a day after the RBI increased repo rate and maintained neutral stance.

According to analysts, chances of a status quo were greater than a rate hike and it was RBI's 'neutral' stance that did the job.

Besides, Dalal Street

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Sun Pharma gets VAI at Halol facility from USFDA; stock surges 8%
Sun Pharma racked up its biggest rally in four months, soaring over 8 per cent, after the US Food and Drug Administration (USFDA) updated the status of the company’s Halol facility to VAI.

VAI stands for ‘Voluntary Action Indicated’, which means that though objectionable conditions were found at the plant, the issues do not justify further reg

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IMF welcomes RBI decision to hike interest rates
The IMF today welcomed as an appropriate step the decision of the Reserve Bank of India (RBI) to increase the repo rate by 25 basis point to 6.25 per cent amid rising inflation and additional upside risks due to higher oil prices.

In its second bi-monthly monetary policy of the current fiscal, the Reserve Bank of India on Wednesday hiked the key

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Stock market update: These stocks plunged up to 5% defying positive market mood
NEW DELHI: Shares of JBF Industries (down 4.99 per cent), Manpasand Beverages (down 4.99 per cent), Kwality (down 4.95 per cent), Bhushan Steel (down 4.95 per cent) and Orient Paper - Industries (down 4.38 per cent) plunged up to 5 per cent on NSE on Thursday in a positive market.

Indian equity benchmarks extended their gains to the second

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Investment has come a long way: Green is the newest crack code
Environmental risks have taken a strong hold in the developed investing world. Until a few years ago, it resided in the domain of ‘do gooders’ and ‘tree huggers’ seeking to make a ‘better world’.

So, what has changed so much that it is now taking roots in mainstream investing By and large, environmental issues have been able to make the move

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Stock market update: Capital goods index down; L T among the top drags
NEW DELHI: The BSE Capital Goods index was trading 0.52 per cent down at 18,450 around 01:15 pm on Friday with Bharat Electronics (down 1.69 per cent), Welspun Corp (down 1.53 per cent) and Larsen - Toubro (down 1.06 per cent) as the top losers.

Shares of Suzlon Energy, Lakshmi Machine Works, NBCC (India), Reliance Naval and Engineering, AIA

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Stock market update: Future Retail, Vedanta most active stocks in terms of value on NSE
NEW DELHI: Future Retail (Rs 1,871.23 crore), Vedanta (Rs 740.91 crore) and Just Dial (Rs 695.30 crore) remained the most active stocks in terms of value on NSE on Thursday.

Tata Motors (Rs 688.09 crore), Reliance Industries (Rs 664.67 crore), ICICI Bank (Rs 589.60 crore), Tata Steel (Rs 552.40 crore), HDFC Bank (Rs 546.72 crore), State Bank of

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Stock market update: Power index in the red; GMR Infra, Power Grid among the top drags
NEW DELHI: Losses in Torrent Power (down 3.19 per cent), GMR Infrastructure (down 2.97 per cent) and Power Grid Corporation of India (down 2.27 per cent) were keeping the BSE Power index down during Friday's trade.

The BSE Power index was trading 0.73 per cent down at 2,053 around 02:20 pm.

Shares of Reliance Infrastructure (down 1.56 per cent),

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NEW DELHI: For years now, actual earnings outcomes of India’s benchmark equity indices have been a cruel joke on consensus forecasts that analysts put out at the start of every year.

FY18 was no exception. And probably, FY19 will not be any different. And there is a good reason for that.

When analysts made their earnings forecasts for FY19, for

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Stock market update: 10 stocks hit 52-week highs on NSE on Thursday
NEW DELHI: VIP Industries, JSW Steel, Infosys, Gruh Finance, Firstsource Solutions, Britannia Industries and Bajaj Finance featured among the 10 stocks that touched 52-week highs on NSE on Thursday.

On the other hand, as many as 76 stocks including Arrow Greentech, Lasa Supergenerics, Arihant Foundations - Housing and Nitin Fire Protection

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FDI in India rises to $61.96 billion in 2017-18: Government
New Delhi, Jun 8 () Foreign direct investment in India increased to USD 61.96 billion in 2017-18, DIPP Secretary Ramesh Abhishek said today.

FDI inflows stood at USD 60 billion in the previous fiscal.

He also said during the four years of the Modi government, foreign inflows jumped to USD 222.75 billion from USD 152 billion in the previous

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Stock market update: Realty index down; IB Real Estate, DLF among top drags
NEW DELHI: Losses in Indiabulls Real Estate (down 2.37 per cent), Phoenix Mills (down 1.09 per cent), Brigade Enterprises (down 1.05 per cent) and DLF (down 0.52 per cent) were keeping the Nifty Realty index under pressure during Friday's trade.

The Nifty Realty index was trading 0.31 per cent down at 290 around 12:50 pm.

However, shares of Unitech

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Stock market update: 76 stocks hit 52-week lows on NSE on Thursday
NEW DELHI: As many as 76 stocks including Arrow Greentech, Lasa Supergenerics, Arihant Foundations - Housing and Nitin Fire Protection Industries hit 52-week lows on NSE on Thursday in a positive market.

Manpasand Beverages, Videocon Industries, Vakrangee, Soma Textiles, Excel Realty N Infra, Arcotech and Metalyst Forgings also featured among

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Stock market update: Consumer durables stocks mixed; Rajesh Exports, PC Jeweller up
NEW DELHI: Consumer durables stocks were trading mixed during afternoon trade on Friday.

Shares of Rajesh Exports (up 1.17 per cent), PC Jeweller (up 0.85 per cent), Blue Star (up 0.50 per cent), Whirlpool of India (up 0.36 per cent) and Titan Company (up 0.33 per cent) were in the green in the consumer durables index.

On the contrary, Bajaj

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Nikkei drops ahead of Fed, ECB; large caps underperform
TOKYO: Japan's Nikkei share average snapped a four-day winning streak on Friday as investors stayed on the sidelines ahead of major economic events, while large-cap stocks such as SoftBank and Fanuc weighed on the index.

The Nikkei ended 0.6 per cent lower at 22,694.50, just above the settlement price of June Nikkei futures and options contracts

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Stocks market update: Capital goods stocks bullish; Graphite India, ABB India surge up to 5%
NEW DELHI: Most capital goods stocks were participating actively in market rally on Thursday.

The BSE Capital Goods index was trading 1.17 per cent up at 18,566 around 02:50 pm.

Shares of Graphite India and ABB India were leading the pack of gainers in the index, rising up to 5 per cent.

Shares of Bharat Electronics, Suzlon Energy, Mahindra CIE

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Godrej Properties raises over Rs 1,000 crore through share issue to GIC entity
MUMBAI: Realty developer Godrej Properties has raised over Rs 1,000 crore through an issue of 12.76 million shares to an investor Gamnat Pte Ltd on preferential basis at Rs 783.50 per share, the company said in a regulatory filing.

Gamnat Pte Ltd, which has acquired 5 per cent post-allotment stake in the developer at entity level, is an investment

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ICICI Bank may seek to settle Chanda Kochhar case with Sebi
Private lender ICICI Bank is looking to make peace and file a consent petition with markets regulator Securities and Exchange Board of India (Sebi) to end the ongoing investigation against its CEO and MD Chanda Kochhar in Videocon loan case, ET Now reported quoting sources on Thursday.

The report further added that the board wants to avoid

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FDI into India decreased to $40 billion last year from $44 billion in 2016: UN report
United Nations: Foreign Direct Investment to India decreased to 40 billion dollars last year from 44 billion dollars in 2016 while outflows from India, the main source of investment in South Asia, more than doubled, according to a new trade report by the UN.

According to the World Investment Report 2018 by the UN Conference on Trade and

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