Stock market update: 256 stocks hit 52-week lows on NSE on Monday
NEW DELHI: As many as 256 stocks including Tata Consultancy Services, Ambuja Cements, Apollo Hospitals Enterprise, Bharat Electronics, BEML, Century Textiles - Industries, Cummins India and HDIL hit 52-week lows on NSE on Monday.

Kwality, Manpasand Beverages, NBCC (India), PTC India Financial Services, Simplex Projects, Sintex Industries, Suzlo

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Stock market update: Top Nifty gainers and losers of Monday's session
NEW DELHI: Dr. Reddy's Laboratories, Infosys, Lupin, Hindalco, Mahindra - Mahindra, Reliance Industries and Indian Oil Corporation finished Monday's session as the top gainers of the Nifty index.

On the other side, Indiabulls Housing Finance, HDFC Bank, Bharti Airtel, Adani Ports, Bharti Infratel and GAIL (India) remained the top losers in the

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Pitch and ball have changed; let the fund manager warm up
Markets may be in Trishanku mode again. They look to neither want to rise to heavens, nor fall down into pits. And like the original Trishanku, the bull forces and bear forces may be still at work to thrash out a dominant view.

From a pessimist’s stand point, the macros may be weakening. CPI Inflation is on the rise. Oil prices are pinching again.

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Tech view: Nifty50 forms bearish engulfing pattern, 10,620 level key
NEW DELHI: The bulls were at the receiving end on Monday. Their comeback attempt went in vain, and the Nifty50 ended the session at the day’s low. In the process, the 50-pack index formed a Bearish Engulfing Pattern on the daily chart.

A breach of the 10,600-620 range in the coming session may further weaken the technical outlook for the index. On

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RBI policy review: Key factors to watch out for
NEW DELHI: RBI's rate-setting panel is meeting today for its second bi-monthly policy review of 2018-19.

The decision is due on Wednesday.

It will be the first time that the meeting is going on for three days because of "administrative exigencies".

In the normal course, the MPC (monetary policy committee) meets every two months for two days

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Stock market update: Oil gas stocks mixed; IGL, RIL among top gainers
NEW DELHI: Oil - gas stocks were trading mixed during afternoon trade on Monday.

Shares of Indraprastha Gas (up 1.70 per cent), Oil India (up 1.60 per cent) and Reliance Industries (up 1.16 per cent) were the top gainers.

HPCL (up 0.87 per cent), Petronet LNG (up 0.44 per cent) and Castrol India (up 0.09 per cent) were also in the green.

Howeve

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Stock market update: PC Jeweller, Intellect Design Arena plunge over 11%, feature among top losers of Monday's session
NEW DELHI: Shares of PC Jeweller (down 16.94 per cent) and Intellect Design Arena (11.09 per cent) plunged over 11 per cent, emerging among the top losers on BSE on Monday.

Kwality (9.79 per cent), Praj Industries (8.14 per cent) and Aegis Logistics (7.42 per cent) suffered losses of over 7 per cent.

Stocks such as RattanIndia Power (6.87 per

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Stock market update: Consumer durables index down nearly 2%; PC Jeweller, Rajesh Exports among the top drags
NEW DELHI: Strong losses in PC Jeweller (down 16.65 per cent), Symphony (down 3.17 per cent), Blue Star (down 2.77 per cent) and Rajesh Exports (down 2.76 per cent) were keeping the consumer durables index down during Monday's trade.

The BSE Consumer Durables index was trading 1.74 per cent down at 20,217 around 02:25 pm.

Shares of Bajaj

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China stocks end higher; consumer, real estate shares lend support
SHANGHAI, - China stocks ended higher on Monday, aided by a rebound in consumer and real estate shares.

However, gains were capped as worries over credit risks persisted and as investors watched the development of China-US trade talks.

The blue-chip CSI300 index rose 1.0 per cent to 3,807.58, while the Shanghai Composite Index rose 0.5 per cent

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Stock market update: These stocks led the pack of BSE gainers on Monday
NEW DELHI: Defying the negative mood of market, shares of Gateway Distriparks (up 5.30 per cent), Vakrangee (4.97 per cent) and SAIL (4.65 per cent) closed Monday's session jumping up to 5 per cent, emerging as the top gainers on BSE.

Sun TV Network (4.35 per cent), Sadbhav Engineering (4.04 per cent), Religare Enterprises (3.49 per cent) and

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Now, over to Mary Poppins
By Mythili Bhusnurmath

It’s a first from a conservative central bank that usually prefers to play it safe (read: go by precedent). But in a break from the past, the Monetary Policy Committee (MPC) is meeting a day ahead of schedule and for three days (June 4-6), instead of the usual two. Indeed, even as you read this, MPC is meeting to wrestle with

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Stock market update: BSE Smallcap declines over 1%; PC Jeweller among the top drags
NEW DELHI: The BSE Smallcap index was trading 1.31 per cent down at 16,757 around 01:10 pm on Monday.

The BSE Sensex was 0.28 per cent down at 35,127, while the Nifty50 was 0.34 per cent down at 10,659 around that time.

Deep Industries (down 19.34 per cent), Leel Electricals (down 15.17 per cent), PC Jeweller (down 14.13 per cent), Medicamen

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Stock market update: HDFC Bank, PC Jeweller most active stock in value terms
NEW DELHI: HDFC Bank (Rs 4,657.43 crore) remained the most active stock in terms of value on NSE on Monday.

It was followed by PC Jeweller (Rs 682.03 crore), Reliance Industries (Rs 526.28 crore), YES Bank (Rs 502 crore), ICICI Bank (Rs 496.42 crore), Tata Steel (Rs 495.24 crore), HDFC (Rs 371.07 crore) and State Bank of India (Rs 341.94 crore).

In

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Stock market update: Capital goods index down almost 1%; Graphite India, BHEL among top losers
NEW DELHI: The BSE Capital Goods index was trading 0.94 per cent down at 18,519 around 02:15 pm on Monday, with only 3 stocks advancing in trade, while 23 declining.

Shares of Bharat Electronics (up 0.99 per cent), Schaeffler India (up 0.88 per cent) and Mahindra CIE Automotive (up 0.36 per cent) were the gainers in the index.

Shares of Graphite

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Australian shares end higher, healthcare stocks at record; NZ closed
Australian shares closed higher on Monday, led by gains in financial and materials stocks after the country's biggest bank agreed to pay a record-high fine for money laundering breaches, while a rally in commodity prices drove up miners.

The S-P/ASX 200 index rose 0.6 per cent or 35.100 points to 6025.500.

Commonwealth Bank of Australia

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Sensex drops 215 pts as banks drag, Nifty breaks below 10,650
NEW DELHI: The domestic equity market fell for a second straight on Monday amid heavy selling in both public and private banks, as investors on Dalal Street took a cautious stance ahead of the RBI rate decision.

Investors' risk appetite remained subdued ahead of the Reserve Bank of India’s rate decision on Wednesday.

There are speculations that

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Bank stocks boost European shares as M A news dominates
LONDON: European shares extended their recovery rally on Monday thanks to bank stocks as dealmaking took centre stage again after a week of political tension in Italy and Spain.

Investors' concerns over rising trade frictions were trumped by very strong US jobs data on Friday. Europe's STOXX 600 took the lead of Asian markets climbing on the data,

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Stock market update: Midcaps underperform Sensex; Adani Power, RCom plunge 4%
NEW DELHI: The BSE Midcap index was underperforming benchmark Sensex during afternoon trade on Monday.

Around 1 pm, the midcap index was 0.26 per cent down at 15,812, while the Sensex was 0.05 per cent down at 35,209. The Nifty50 index was 0.15 per cent down at 10,681 around the same time.

Shares of Adani Power (down 4.34 per cent), Reliance

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Stock market update: Check out the most traded stocks of Monday's session
NEW DELHI: With over 10.44 crore shares changing hands, Reliance Communications emerged as the most traded stock on NSE on Monday.

PC Jeweller (number of shares traded: 5 crore) and GMR Infra (4.12 crore) were up next.

Suzlon Energy (3.06 crore), SAIL (2.41 crore), JP Associates (2.34 crore), Bank of Baroda (2.23 crore) and HDFC Bank (2.22 crore)

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Stock market update: Power stocks fail to light up; Reliance Infra lone gainer in the sectoral index
NEW DELHI: Most power stocks were trading in the negative territory during afternoon trade on Monday, dealing a blow to the sectoral index.

The BSE Power index was 1.81 per cent down at 2,051 around 02:05 pm with Reliance Infrastructure (up 0.74 per cent) as the solitary gainer.

KEC International, Adani Power, BHEL and CG Power and Industrial

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Stock market update: PC Jeweller plunges 14%, features among the top losers on BSE
NEW DELHI: Emerging among the top losers on BSE, shares of PC Jeweller plunged nearly 14 per cent during first half of Monday's session.

Shares of PC Jeweller opened at Rs 158.20 on Monday and hit intraday high and low of Rs 162.90 and Rs 135.10 in today's trade so far.

Around 11:20 am, the scrip was trading 12.37 per cent down at Rs 137.10. The S

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F O: Nifty futures lose 0.72% to 10,606; India VIX rises 2.3%
By Chandan Taparia The Nifty50 index opened with a gap up, but failed to hold above 10,765 level and corrected towards 10,620 level on Monday. It formed a Bearish Engulfing Pattern and a Bearish Belt Hold candle on the daily scale, as it wiped out recent gains and remained under pressure throughout the session.

Now, if it fails to hold its crucial

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Stock market update: Metal stocks mixed; SAIL surges over 4%
NEW DELHI: Metal stocks were trading mixed during afternoon trade on Monday.

The BSE Metal index was trading 0.50 per cent up at 13,574 around 2 pm.

Shares of SAIL (up 4.51 per cent), Tata Steel (up 1.84 per cent), Jindal Steel - Power (up 1.78 per cent), Hindalco Industries (up 1.17 per cent) and JSW Steel (up 0.29 per cent) were the top

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Allianz gets Rs 56 crore dividend from Bajaj JVs
MUMBAI: Seventeen years after entering India, German insurer Allianz SE has got dividend from its two local businesses – Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance.

Allianz, which once considered pulling out of the joint venture with Bajaj, earned dividend of Rs 56.09 crore for the previous financial year from the two

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Xiaomi eyes $3 billon CDRs in $10 billion July listing plan: Sources
HONG KONG: Chinese smartphone maker Xiaomi plans to raise up to 30per cent of its blockbuster $10 billion IPO by selling shares in mainland China while offering the remainder in Hong Kong, people with knowledge of the matter told on Monday.

The company was previously expected to raise as much as $10 billion from an initial public offering (IPO) of

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Stock market update: Auto stocks on a sticky road; TVS Motor falls nearly 4%
NEW DELHI: Most auto stocks were on a sticky road during afternoon trade on Monday, weighing on the auto index.

However, gains in index heavyweights Mahindra - Mahindra (up 1.54 per cent), Tata Motors (up 0.80 per cent) and Exide Industries (up 0.39 per cent) were keeping the fall restricted.

The BSE Auto index was trading 0.07 per cent down

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Stock market update: Nifty Private Bank index in the red; HDFC Bank, IndusInd Bank top drags
NEW DELHI: Losses in HDFC Bank (down 1.08 per cent), IndusInd Bank (down 0.74 per cent) and Kotak Mahindra Bank (down 0.63 per cent) were weighing on Nifty Private Bank index during the first half of Monday's trading session.

HDFC Bank went into the reverse and tanked over 2 per cent early Monday.

The slide came after the scrip hit a new 52-week

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IDBI Bank shares hit 2-week low after CEO named RBI deputy governor
NEW DELHI: Shares of IDBI Bank dropped as much as 6.3 per cent on Monday to Rs 59.70, its lowest since May 21. The government has named IDBI Bank’s CEO Mahesh Kumar Jain as RBI deputy governor for three years.

"Jain was working in Indian Bank where there was a turnaround back in 2015 because of his strategies such as the sale of non-core assets

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Stock market update: Telecom stocks reel under pressure, but Idea Cellular jumps as subscriber base increases
NEW DELHI: Most telecom stocks were suffering losses during afternoon trade on Monday.

The BSE Telecom index was trading 1.20 per cent down at 1,197 around 01:30 pm, with 15 stocks declining and 2 stocks advancing.

Shares of ITI (down 7.98 per cent), Aksh Optifibre (down 6.27 per cent), GTL (down 4.98 per cent), GTL Infrastructure (down 4.97 per

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10 stock ideas top brokerages are betting on for next 14-21 sessions
NEW DELHI: Volatility was the only constant in the domestic equity market during the week gone by, but thankfully both the indices ended higher for the week. The 30-share Sensex gained 0.86 per cent while the 50-share Nifty added 0.85 per cent.

While easing oil prices and good growth vibes in the economy took the Sensex 416 points higher, global

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