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When 80% BSE stocks are bleeding, 25 have just doubled investor moneyWhen 80% BSE stocks are bleeding, 25 have just doubled investor moneyWhen 80% BSE stocks are bleeding, 25 have just doubled investor money
When 80% BSE stocks are bleeding, 25 have just doubled investor money
The pace of wealth creation has slowed down on Dalal Street this calendar. Fund managers and investors are puzzled that nearly 80 per cent of the liquid companies on BSE have eroded investor wealth since January this year.

Total market capitalisation of the BSE-listed companies has plunged by over Rs 6 lakh crore to Rs 145.62 lakh crore as of May

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Ruchi Soya bidders to detail rescue plans
Mumbai: A joint venture between the Adani group and Singaporean agri firm Wilmar is competing with Baba Ramdev-led Patanjali Group to buy out Ruchi Soya in a Rs 5,000-crore deal, with the race to control the indebted edible oil maker entering the final lap.

Both companies have been called before the insolvency board on Tuesday to present the

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Market Now: Pharma stocks in pain; Dr Reddy's Labs, Cadila plunge almost 5%
NEW DELHI: Most pharma stocks were suffering heavy losses during Monday's trade, keeping the sectoral index in deep red.

Shares of Dr. Reddy's Laboratories (down 4.64 per cent), Cadila Healthcare (down 4.57 per cent) and Biocon (down 4.49 per cent) were the top losers in the Nifty Pharma index that was trading 2.5 per cent down at 8,006 around

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Top intraday trading ideas for afternoon trade for Tuesday, 22 May 2018
NEW DELHI: The Nifty50 index was trading above 10,500 around 11:30 am on Tuesday following buying in frontline bluechip counters.

ETMarkets.com collated a list of trading ideas from various experts and here's what they had recommended for today's afternoon trade:

Manas Jaiswal of manasjaiswal.comNIIT Technologies is a 'Sell' call with a target

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F O: Nifty chart shows dominance by bears, has key support at 10,500
By Chandan Taparia The Nifty50 index opened in the positive on Monday but witnessed selling pressure for the entire session. It has been forming lower highs and lower lows for last five sessions. The index formed a Bearish Candle on a daily chart, which indicated dominance by the bears.

As long as it holds below 10,550, Nifty50’s weakness could e

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Are you getting lured into assets that can make money disappear in no time
By Dhirendra KumarSebi will allow stock exchanges to extend derivative trading hours to 11.55 pm from October. At present, derivatives are traded till 3.30 pm.

This is good news for stock exchanges. Longer trading hours will mean more trading. Given that more than 90% of the trading volume is algorithmic trading of derivatives, it’s possible that t

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Just Dial rallies over 8% on Q4 profit show
Just Dial rallied over 8 per cent this morning as net profit grew at a solid clip.

The company reported 53.68 per cent annual growth in net profit at Rs 38.96 crore for the quarter to March. It had posted a net profit of Rs 25.35 crore in the same quarter last year.

Total income rose 11.71 per cent to Rs 217.09 crore during the period under review

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Sensex slips 232 pts to take losing streak to 5th day; Nifty near 10,500
NEW DELHI: Extending their losing streak for a fifth consecutive session, equity benchmarks suffered significant losses on Monday on heavy selling in pharma, industrial, auto, consumer durables, metal and realty stocks.

Investor sentiment remained weak amid surging crude oil prices and falling rupee.

Besides, a selloff in midcap and smallcap

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Market Now: Nifty IT index up with mild gains; TCS jumps over 2%
NEW DELHI: The Nifty IT index was trading 0.32 per cent up at 13,502 around 01:50 pm on Monday, with Mindtree (up 2.22 per cent) and Tata Consultancy Services (up 2.10 per cent) as top gainers.

Shares of Tata Elxsi (up 1.25 per cent), HCL Technologies (up 0.17 per cent) and Infosys (up 0.11 per cent) were also in the green.

However, shares of KPIT

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DLF slips over 5% post Q4 results
NEW DELHI: Real estate developer DLF slipped over 5 per cent on early Tuesday, a day after the company announced its March quarter results.

Consolidated net profit went up 66 per cent to Rs 247.73 crore in January-March despite lower sales. The corresponding figure was Rs 149.14 crore in the year-ago period.

However, total income fell to Rs

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NEW DELHI: A consistent performer. Check. An industry beater. Check. A strong legacy. Check.

A large cap stock fetching 10 times returns in 5 years is a rarity. But exceptions remain as this stock proves otherwise. This has been an outlier, rewarding investors quite generously.

An established leader in packaged food space, Britannia Industries

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Moody's slashes PNB ratings by one level to junk
NEW DELHI: Global rating agency Moody's Investors Service on Monday downgraded the local and foreign currency deposit rating of Punjab National Bank (PNB) to junk.

With this, the rating has been slashed to Ba1/NP from Baa3/P-3. Also, it has downgraded the bank's baseline credit assessment (BCA) and Adjusted BCA to b1 from ba3.

The rating outlook

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Buy Generic Engineering Construction and Projects, target Rs 400: Rakesh Bansal
Rakesh Bansal of R K Global has a buy call on Generic Engineering Construction and Projects with a target price of Rs 400.

The current market price of Generic Engineering Construction and Projects is Rs 310.50.

Time period given by the analyst is one year when Generic Engineering Construction and Projects price can reach the defined target.

Generic

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SBI Q4 earnings on Tuesday, bank likely to report losses
NEW DELHI: State Bank of India (SBI) is slated to release its quarterly results on Tuesday, and brokerages expect the numbers to come in on the weaker side on fresh slippages and higher provisioning.

Brokering house Centrum Wealth in its earnings preview said the Rajnish Kumar-led bank is expected to report yet another quarter of loss for

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Market Now: FMCG index drops; Britannia among top drags
NEW DELHI: FMCG stocks United Spirits (down 3.07 per cent), Marico (down 1.38 per cent) and Britannia Industries (down 1.15 per cent) were trading in the negative territory during afternoon trade on Monday.

The Nifty FMCG index was trading 0.28 per cent down at 28,773 around 01:35 pm.

Shares of Tata Global Beverages (down 1.06 per cent), Emami

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SGX to launch Indian derivatives despite legal move by NSE
SINGAPORE: Singapore Exchange Ltd (SGX) said it plans to list new India-related equity derivative products in June despite the National Stock Exchange of India (NSE) applying for an interim injunction in a Mumbai court against their launch.

NSE's legal move and SGX's response intensify the spat between the two exchanges after India's three main

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Market Now: Realty stocks crumble; IB Real Estate, HDIL crack over 8%
NEW DELHI: Realty stocks Indiabulls Real Estate (down 8.43 per cent) and HDIL (down 8.13 per cent) were suffering heavy losses during Monday's trade.

The Nifty Realty index was trading 2.74 per cent down at 294 around 3 pm.

Shares of Brigade Enterprises (down 4.94 per cent), Godrej Properties (down 4.43 per cent) and Unitech (down 4.35 per cent)

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Nikkei rises as easing US-China trade tensions support dollar, exporters
TOKYO: Japan's Nikkei share average rose on Monday as the dollars' rise against the yen supported some exporters after news of easing US-China trade tensions, but weakness in financial stocks kept wider gains limited.

The Nikkei ended 0.3 per cent higher at 23,002.37, after the dollar rose 0.5 per cent to 111.245 yen, hitting a fresh four-month

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New York stock exchange names first female leader
NEW YORK: The New York Stock Exchange has named its first female leader in the history of the 226-year-old exchange.

The parent company of the NYSE, Intercontinental Exchange Inc., told The Wall Street Journal on Monday night that Stacey Cunningham will become the 67th president. She's currently NYSE's chief operating officer.

Cunningham will

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European shares inch up as trade war concerns ease; Ryanair dips
MILAN: European equities rose slightly in early trading on Monday as easing trade war worries further boosted the dollar supporting exporters, while budget airline Ryanair was weighed down by a disappointing outlook.

The pan-European STOXX 600 index rose 0.3 per cent by 0736 GMT, hovering near its highest level in over 3 months, while the FTSE 100

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London-Shanghai link moves closer as LSE pitches program details
By Benjamin Robertson and Viren Vaghela The long-awaited link between stock exchanges in London and Shanghai is close to becoming a reality, according to a London Stock Exchange Group Plc presentation, another step in China’s efforts to integrate with the international financial system.

The London-Shanghai Stock Connect will start later this

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Market Now: Nifty Private Bank index up; Axis Bank, ICICI Bank gain nearly 1%
NEW DELHI: The Nifty Private Bank index was trading 0.54 per cent up at 14,830 around 11 am on Tuesday.

IDFC Bank (up 1.49 per cent), Federal Bank (up 1.30 per cent) and Axis Bank (up 0.90 per cent) were the top gainers among the private bank stocks.

Shares of ICICI Bank (up 0.85 per cent), YES Bank (up 0.79 per cent), HDFC Bank (up 0.47 per cent),

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Colgate posts 32% YoY rise in Q4 profit at Rs 189 crore
Colgate Palmolive on Monday posted 32.36 per cent year-on-year rise in profit at Rs 188.77 crore for the quarter ended March 31. It had reported a profit of Rs 142.58 crore in the corresponding quarter last year.

Total income of the company declined 7.24 per cent year-on-year to Rs 1,100.14 crore during the quarter under review against Rs 1,186.03

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Australian shares flat on weak banks, Santos jumps on M A; NZ down
Australian shares were largely flat on Monday as losses in material and banking stocks undercut positive sentiment stemming from easing US-China trade tensions, though M-A news buoyed Santos Ltd and underpinned the energy sector.

The S-P/ASX 200 index fell a modest 8.10 points, or 0.08 per cent, to 6,079.30 by 0257 GMT. The benchmark declin

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Seeking alpha: Where does Shankar Sharma see value in this market
Investors face an age-old dilemma -- which stocks to pick and which ones to avoid.

Ace investor Shankar Sharma has a ready reckoner that should help.

Here goes the first gem. Investors must be open-minded all the time while investing in markets, says Sharma. The market veteran continued to maintain that smallcap stocks look great with 3-4 years

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Cipla, Dr ReddyQ4 results on Tuesday; herewhat to expect
Pharma majors Cipla and Dr Reddy’s Laboratories are slated to announce their financial results for the quarter ended March 2018 on Tuesday. Both these companies are expected to report double-digit rise in bottomline figures for the quarter.

Centrum Broking expects net profit of Dr Reddy’s Laboratories (DRL) to grow by 27 per cent year-on-year (

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Market Now: Power stocks under pressure; NTPC, Tata Power, BHEL among losers
NEW DELHI: Most power stocks were trading in the negative territory in Monday's trade, keeping the sectoral index down.

The BSE Power index was trading 0.87 per cent down at 2,088 around 12:25 pm.

Shares of KEC International, Adani Power and JSW Energy cracked up to 4 per cent in the power index.

Torrent Power, PTC India, CG Power and Industrial

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Market Now: Over 170 stocks hit 52-week lows on NSE
NEW DELHI: Over 170 stocks including Apollo Hospitals Enterprise, Ballarpur Industries, Bharti Airtel and Burnpur Cement hit 52-week lows on NSE in Tuesday's trade.

Can Fin Homes, Castrol India, CEAT, Corporation Bank, Jubilant Industries, Mahanagar Gas, National Fertilizers, PTC India, Rallis India and Tata Motors also featured among stocks that

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Market Now: Metal stock lose shine; Vedanta, Tata Steel among top losers
NEW DELHI: Most metal - mining stocks including Jindal Stainless (Hisar) (down 3.33 per cent), Hindustan Zinc (down 2.64 per cent), Vedanta (down 2.63 per cent) and Tata Steel (down 2.37 per cent) were trading in the negative zone during afternoon trade on Monday.

The Nifty Metal index was trading 1.43 per cent down at 3,539 around 02:45 pm.

Sh

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JAL sinks 12% over 'fraudulent' land deals
Jaiprakash Associates plunged over 12 per cent today after the National Company Law Tribunal (NCLT) asked the debt-ridden company to return nearly 760 acres to its troubled subsidiary Jaypee Infratech.

The bankruptcy court has termed the land transaction to secure loans as “fraudulent” and “undervalued”.

The scrip was trading 12.57 per cent down

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