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ETMarkets Evening Podcast: What next after marketterrific Thursday
Hi! You are listening to ETMarkets Evening Podcast.

This is Abhinav Kaul and I will get you today's trading high points plus razor-sharp analyses from the best of market gurus.

It's not that all headwinds are gone. But trust the market to show its wild side, too.

The contrast could not get starker than this.

Key stock barometers on Thursday staged

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Stock market update: Britannia , Infosys, TCS hit 52-week highs
NEW DELHI: Britannia Industries, DCM Financial Services, GSS Infotech, Infosys, KPIT Technologies, Tata Consultancy Services and Seamec featured among the 13 stocks that touched 52-week highs on NSE on Thursday.

On the other hand, Apollo Hospitals Enterprise, Ambuja Cements, BHEL, CEAT and Century Textiles - Industries remained among 166

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Stock market update: PC Jeweller, Bajaj Electricals, Rajesh Exports keep consumer durables index down
NEW DELHI: Shares of PC Jeweller (down 5.64 per cent), Bajaj Electricals (down 4.59 per cent), Whirlpool of India (down 1.43 per cent) and Rajesh Exports (down 1.36 per cent) were incurring losses during afternoon trade on Thursday, keeping the consumer durables index down.

The BSE Consumer Durables index was trading 0.61 per cent down at 21,112

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ESAF Small Finance Bank posts Rs 27 crore profit for FY18
Kochi: Kerala based ESAF Small Finance Bank has posted a net profit of Rs 27 crore in the first full year of operations ended March 2018. The total income earned touched Rs 699 crore for the year.

With a client base of 2.3 million, the bank has crossed Rs 2,500 crore deposit base and Rs. 4,100 crore loans and advances. The micro banking assets

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Stock market update: 166 stocks defy positive market mood, hit 52-week lows
NEW DELHI: As many as 166 stocks including Apollo Hospitals Enterprise, Ambuja Cements, BHEL, CEAT and Century Textiles - Industries hit 52-week lows on NSE despite market sentiment remained positive on Thursday.

Chennai Petroleum Corporation, Dena Bank, Engineers India, Godfrey Phillips India, HCC, HPCL, IDFC Bank, Jet Airways (India), LIC

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Stock market update: Bharti Airtel, Idea Cellular boost telecom index
NEW DELHI: Decent gains in shares of Tata Teleservices (Maharashtra) (up 2.68 per cent), Bharti Airtel (up 2.59 per cent) and Idea Cellular (up 1.56 per cent) gave a boost to telecom index in Thursday's trade.

The BSE Telecom index was trading 1.21 per cent up at 1,181 around 02:45 pm.

Shares of Bharti Airtel and Idea Cellular jumped after a Trai

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NEW DELHI: Making a sharp turnaround, domestic equity indices ended 318 points higher at 34,663 on Thursday, with Bharti Airtel (up 4 per cent) being the top gainer and Tata Motors (down 7 per cent) the worst laggard.

The broader Nifty50 index of the National Stock Exchange (NSE) ended 83.50 points, or 80 per cent, higher at 10,513, with 34

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Sensex, Nifty jump 1% on low level buying; mid, smallcaps fall
NEW DELHI: A day after suffering losses of nearly 1 per cent, domestic equity benchmarks Sensex and Nifty broke away from the negative territory on gains in IT, bank, financial, telecom, pharma and metal stocks amid mixed global cues.

Surging oil prices and falling rupee remained an overhand, as investors opted for value-buying, mostly in

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NSE NOW shuts down for brokers sub-brokers on technical problem
NEW DELHI: NSE NOW software was shut for brokers and sub brokers on Thursday, as it faced a major technical glitch during trading hours.

NSE NOW stands for Neat on Web. The brokers were reported to have faced problem because of the software shutdown.

On the technical glitch, NSE spokesperson said, “There was no disruption to the trading system t

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Stock market update: Nifty IT top sectoral gainer; TCS, Infosys among top gainers
NEW DELHI: Nifty IT index remained the top gainer among the sectoral indices on Thursday.

The index finished the day 2.31 per cent up at 13,775.65, with KPIT Technologies (up 4.78 per cent) as the top gainer.

Tata Consultancy Services was up next in the index, rising 3.31 per cent.

Infosys, Tech Mahindra and HCL Technologies jumped 2.96 per cent,

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Stock market update: Top Nifty gainers and losers of Thursday's session
NEW DELHI: Bharti Airtel, Tata Consultancy Services, Infosys, Axis Bank, Sun Pharmaceutical Industries, Hindalco Industries and Tata Steel emerged as the top gainers in the Nifty index on Thursday.

On the contrary, Tata Motors, GAIL, ONGC, Grasim, HPCL and Bajaj Auto remained the top losers in the index.

Domestic equity benchmarks Sensex and Nifty

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Stock market update: Oil PSU stocks fall on worries of windfall tax, ONGC cracks 10%
NEW DELHI: Oil - gas stocks suffered losses during Thursday's trade amid fears of a windfall tax that the government may impose on them in order to moderate the surging fuel prices.

The government may levy a windfall tax on oil producers like ONGC as part of a permanent solution it is working on for moderating the spiralling retail prices of

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Stock market update: Nifty Bank surges 332 points; Axis Bank tops the pack
NEW DELHI: Nifty Bank index closed Thursday's session at 26,017, up by 332 points or 1.29 per cent.

Out of total 12 components in the index, 9 settled in the green, while 3 in the red.

Axis Bank remained at the top among the gainers, rising 2.92 per cent.

It was followed by Punjab National Bank, State Bank of India and ICICI Bank, each jumping

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Jet Airways' auditors flag 'going concern' risks post Q4 loss
With Jet Airways incurring a huge fourth quarter loss of over Rs 1,000 crore, its auditors have said the "appropriateness of assumption of going concern" for the company depends on its ability to raise necessary funds, among other factors.

In accounting parlance, the 'going concern assumption' means that the company will remain in business for the

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Ray Dalio's principles can help you become a better investor
By Tanvir Gill

When legendary investor Ray Dalio speaks, the world listens. It is no surprise then that his philosophy on life - work that he encapsulates as ‘principles’ has had a significant impact on his followers.

In a mini video series of eight episodes (“ Principles for Success”) Dalio has tried to reinforce once again the values that h

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F O: Massive call unwinding creates space for Nifty upside
By Chandan Taparia The Nifty50 index opened in the positive on Thursday and extended its gains towards the 10,535 level, as it managed to respect the previous day’s low of 10,420.

The index formed a Harami candle on daily chart and almost traded inside the trading range of last session. It managed to reclaim the entire losses of the previous

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Q4 journey so far: Sob story for some, ecstasy for others
NEW DELHI: It's a sweet and sour feeling the way March quarter earnings have panned out so far.

The short point is there were only a few positive surprises as the season enters its last lap. And the numbers at best are in line with market expectations.

A few consumption-driven sectors continued with their recent volume-driven growth. But red

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Stock market update: Nifty Realty trades with losses; Godrej Properties top loser
NEW DELHI: Besides Nifty Auto, Nifty Realty was a sectoral index on NSE that appeared to be immune to the rally in market and was trading in the negative territory in afternoon trade on Thursday.

The Nifty Realty index was trading 0.73 per cent down at 292 around 01:30 pm with 7 stocks declining and 3 advancing in trade.

Shares of Godrej Properties

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Stock market update: These stocks surged over 8% on NSE on Thursday
NEW DELHI: Shares of NCC (up 8.69 per cent), Capital Trust (up 8.64 per cent) and Nitco (up 8.50 per cent) finished Thursday's session surging over 8 per cent on NSE.

Stocks such as Just Dial (up 7.73 per cent), Kaveri Seed Company (up 7.62 per cent), Universal Cables (up 7.20 per cent), MEP Infrastructure Developers (up 6.23 per cent) and Astral

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GAIL reports fourfold jump in Q4 profit at Rs 1,021 crore; misses Street estimates
Oil - gas major GAIL on Thursday reported nearly fourfold jump in net profit at Rs 1,021 crore for March quarter, which was lower than Rs 1,262 crore analysts had estimated in an ET Now poll.

The state-run company had reported Rs 260 crore profit in the same quarter last year.

Sales for the company grew 12.84 per cent to Rs 15,430.69 crore

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China stocks extend losses amid renewed trade concerns
SHANGHAI: China stocks extended losses on Thursday, after falling the most in a month in the previous session, as caution prevailed amid renewed concerns over China-US trade tensions.

The blue-chip CSI300 index closed down 0.7 per cent at 3,827.22 points, while the Shanghai Composite Index ended 0.5 per cent lower at 3,154.65 points.

US President

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Stock market update: These stocks defied positive market sentiment, plunged over 8%
NEW DELHI: Shares of Granules India (down 9.36 per cent), GE T-D India (down 8.63 per cent) and Arihant Superstructures (down 8.08 per cent) tanked over 8 per cent on NSE on Thursday, remaining immune to the rally in market.

Stocks such as Oil India (down 7.32 per cent), Weizmann Forex (down 7.23 per cent), Peninsula Land (down 6.81 per cent),

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GAIL reports fourfold jump in Q4 profit at Rs 1,021 crore; misses Street estimates
Oil - gas major GAIL on Thursday reported nearly fourfold jump in net profit at Rs 1,021 crore for March quarter, which was lower than Rs 1,262 crore analysts had estimated in an ET Now poll.

The state-run company had reported Rs 260 crore profit in the same quarter last year.

Sales for the company grew 12.84 per cent to Rs 15,430.69 crore

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Stock market update: Pharma stocks in good health; Sun Pharma jumps over 3% on USFDA nod for prostate cancer drug
NEW DELHI: Most pharma stocks were trading in the positive territory during Thursday's trade.

The Nifty Pharma index was trading 1.75 per cent up at 8,211 around 01:15 pm with all components in the green.

Shares of Sun Pharmaceutical Industries (up 3.33 per cent) were the top gainers in the pharma index.

On Wednesday, PTI reported that Sun

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Stock market update: Check out the most traded stocks of Thursday's session
NEW DELHI: With nearly 7.28 crore shares changing hands, Jaiprakash Associates finished Thursday's session as the most traded stock on NSE.

Reliance Communications (number of shares traded: 6.94 crore) and Tata Motors (4.61 crore) stood up next.

ONGC (3.48 crore), State Bank of India (3.47 crore), NCC (3.46 crore), PC Jeweller (2.84 crore), Ashok

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Stock market update: Capital goods stocks mixed; NBCC, V-Guard Industries among top gainers
NEW DELHI: Capital goods stocks were trading mixed during the last hour of trade on Thursday.

Shares of NBCC (India) (up 1.90 per cent), Finolex Cables (up 1.80 per cent), V-Guard Industries (up 1.61 per cent), Kalpataru Power Transmissions (up 1.41 per cent) and Suzlon Energy (up 1.23 per cent) were trading with gains.

Mahindra CIE Automotive (up

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RK Damani sells 50 lakh shares in Avenue Supermarts
NEW DELHI: Avenue Supermarts' promoter Radhakishan Damani on Thursday sold 50 lakh shares in the company via block deal, news reports said.

Damani had earlier announced that he will sell up to 1 per cent stake by June 14 to meet Minimum Public Shareholding (MPS) norms.

Both DIIs and FIIs likely to have bought Avenue Supermarts shares in the block

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Stock market update: Tata Motors, SBI, Infosys most active stocks in value terms
NEW DELHI: Tata Motors (Rs 1,343.24 crore) emerged as the most active stock in terms of value on NSE on Thursday.

It was followed by State Bank of India (Rs 923.03 crore), Infosys (Rs 592.82 crore) and ONGC (Rs 571.07 crore).

Jet Airways (Rs 534.34 crore), PC Jeweller (Rs 533.09 crore), Tata Consultancy Services (Rs 530.21 crore), Avenue

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By Matt Robinson and Tom Schoenberg

The Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies, dramatically ratcheting up US scrutiny of red-hot markets that critics say are rife with misconduct, according to four people familiar with the matter.

The investigation is

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Stock market update: These stocks plunged over 7% on NSE early Thursday
NEW DELHI: Shares of Jet Airways (down 8.04 per cent), GE T-D India (down 7.25 per cent) and Peninsula Land (down 7.06 per cent) cracked over 7 per cent during the morning trade on Thursday.

Shares of PC Jeweller (down 6.40 per cent), Tata Motors (down 6.38 per cent), Arihant Superst (down 5.84 per cent) and Godrej Industries (down 5.53 per

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