StockMarket

P-note investments dip to 9-year low of Rs 1 lakh crore
The total investment via participatory notes (P-notes) into Indian capital markets plunged to nearly 9-year low of Rs 1 lakh crore in April amid stringent norms put in place by the regulator Sebi to check misuse of these instruments.

P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of

Details
Category: Stock Market

Write comment (99 Comments)

Market Now: Sensex, Nifty lurch lower; these stocks crack over 12%
NEW DELHI: Shares of Reliance Communications (down 12.50 per cent) and Punjab National Bank (down 12.22 per cent) cracked over 12 per cent in the early trade on Wednesday, emerging as the top NSE losers.

Shares of Reliance Communications plunged after an insolvency tribunal ordered bankruptcy proceedings against the company on a petition filed by

Details
Category: Stock Market

Write comment (100 Comments)

MCX commences options trading in crude oil contracts
Kolkata: Multi Commodity Exchange of India Ltd. (MCX) on Tuesday commenced options trading in crude oil contract. The contract has witnessed traded volume of 2058 lots with value of Rs 101.67 crore, as of 05:30 pm today.

The exchange has currently launched June and July 2018 option contracts in crude oil, with one MCX crude oil futures contract (10

Details
Category: Stock Market

Write comment (99 Comments)

China stocks fall on worries about N.Korea, rising bond yields
SHANGHAI: China stocks edged lower on Wednesday, as renewed worries over North Korea and surging US bond yields dampened sentiment in Asian markets, while investors await news from a second round of US-China trade talks in Washington this week.

The blue-chip CSI300 index fell 0.8 percent, to 3,892.84, while the Shanghai Composite Index lost 0.7

Details
Category: Stock Market

Write comment (96 Comments)

Market Now: RIL, Tata Steel among most active stocks in value terms
NEW DELHI: Punjab National Bank (Rs 304.76 crore), Reliance Industries (Rs 126.29 crore) and Tata Steel (Rs 92.56 crore) were among the most active stocks in terms of value on NSE in morning trade on Wednesday.

ICICI Bank (Rs 89.27 crore), Tata Motors (Rs 87.67 crore), Lupin (Rs 70.04 crore), Tata Consultancy Services (Rs 70.01 crore) and State

Details
Category: Stock Market

Write comment (98 Comments)

ICICI Bank picks 18% stake in Gammon Infrastructure
ICICI Bank has acquired nearly 18 per cent stake in Gammon Infrastructure Projects through invocation of pledged shares.

"ICICI Bank Ltd (India) has acquired 168,999,900 shares of Gammon Infrastructure Projects Ltd through pledge invocation. Accordingly, at May 14 2018 the total equity shareholding of the Bank stands at 17.94 per cent," Gammon

Details
Category: Stock Market

Write comment (95 Comments)

ITC Q4 profit seen to grow in single digit, stock drops
FMCG major ITC is expected to post mid single-digit growth in net profit and sales for the March quarter.

Sales volume of the cigarette business is likely to grow slower in low single digit.

The company is all set to announce its quarterly numbers later in the day.

Brokerage firm Motilal Oswal sees 6.9 per cent year-on-year increase in net profit

Details
Category: Stock Market

Write comment (98 Comments)

Mutual funds reclassifications, rising crude oil prices and a falling rupee have taken toll on mid- and small-cap stocks. More than 500 stocks have corrected between 30 per cent and 70 per cent since their highs in January.

The BSE mid- and small-cap indices have dropped 13 per cent each from their highs in January, while the Sensex declined only

Details
Category: Stock Market

Write comment (97 Comments)

US stocks drop on concerns over US-China trade woes, rising inflation
Wall Street indexes fell on Tuesday as investors worried about a lack of progress in U.S.-China trade talks and Treasury yields rose after U.S. retail sales data indicated rising inflation.

The United States and China are still "very far apart" on resolving trade frictions, U.S. Ambassador to China Terry Branstad said, as a second round of

Details
Category: Stock Market

Write comment (94 Comments)

Market Now: Private bank index down 1%; ICICI Bank top drag
NEW DELHI: The Nifty Private Bank index was trading 1.04 per cent down at 15,028 around 10:45 am on Wednesday, with all components in the red.

Federal Bank (down 5.38 per cent) was the top losers in the private bank pack, followed by ICICI Bank (down 3.47 per cent) and South Indian Bank (down 2.29 per cent).

Shares of IDFC Bank (down 0.98 per

Details
Category: Stock Market

Write comment (98 Comments)

Hold Siemens, target Rs 1165: Edelweiss Financial Services

Disclaimer: This recommendation is analyst's own and does not represent those of economictimes.com - ETMarkets.com. Please consult your financial advisor before taking any position in the stock/s mentioned.

From Around The Web

More from The TheIndianSubcontinent

Details
Category: Stock Market

Write comment (92 Comments)

Sistema Shyam lowers stake in RCom to 4.43%
Sistema Shyam Teleservices Ltd (SSTL) today offloaded over 1.5 crore shares of debt-ridden Reliance Communications, lowering its holding to 4.43 per cent.

This comes after the company last month sold 2.1 per cent of its equity holding in Reliance Communications (RCom), thereby reducing its stake to 4.98 per cent.

According to bulk deal data

Details
Category: Stock Market

Write comment (95 Comments)

Market Now: PSU Bank stocks suffer gut-wrenching fall, plunge up to 12%
NEW DELHI: Most PSU bank stocks were in the negative territory in morning trade on Wednesday.

The Nifty PSU Bank index was trading 3.04 per cent down at 2,710 around 10:30 am, with Punjab National Bank (down 11.98 per cent) as the top loser.

Shares of Punjab National Bank cracked after it posted on Tuesday its highest-ever quarterly loss at Rs

Details
Category: Stock Market

Write comment (93 Comments)

Market Now: PNB, RCom most traded stocks on NSE
NEW DELHI: Punjab National Bank was leading the pack of most traded stocks on NSE early Wednesday.

With over 3.48 crore shares changing hands, the stocks emerged as the leader among most traded stocks in the morning trade today.

Reliance Communications (number of shares traded: 2.83 crore) and Suzlon Energy (1.14 crore) were up next.

PC Jeweller

Details
Category: Stock Market

Write comment (90 Comments)

Sebi rejects Rose Valley director's plea to revoke market ban
Sebi today rejected a plea by Abhijit Dutta, a director at Rose Valley Hotels and Entertainment Ltd, for revoking the four-year securities market ban imposed on him, citing that there was no "tenable ground" to alter the earlier directions.

In November 2017, Sebi had restrained Dutta and other directors from accessing the securities market for

Details
Category: Stock Market

Write comment (97 Comments)

Market Now: These stocks surge over 10% defying negative market mood
NEW DELHI: Shares of MVL (up 16.67 per cent) and Gammon Infrastructure Projects (11.90 per cent) surged over 10 per cent on NSE in morning trade on Wednesday, defying the prevailing negative market mood.

Stocks such as Lanco Infratech (6.67 per cent), Antarctica (6.67 per cent), S Chand And Company (6.04 per cent), Gillanders Arbuthnot -

Details
Category: Stock Market

Write comment (90 Comments)

Buy Neuland Laboratories, target Rs 1000: HDFC Securities
HDFC Securities has buy call on Neuland Laboratories Ltd. with a target price of Rs 1000.0 . The current market price of Neuland Laboratories Ltd. is Rs 713.1 Time period given by analyst is year when Neuland Laboratories Ltd. price can reach defined target. Neuland Laboratories Ltd., incorporated in the year 1984, is a small-cap pharma company
Details
Category: Stock Market

Write comment (99 Comments)

FPI inflows falls to $2.2 billion QoQ in March quarter
Continuing their buying spree in the March quarter, foreign investors pumped in USD 2.2 billion in the Indian equity market on hopes of better corporate earnings, promising economic data and buoyant global markets.

The net inflow by foreign portfolio investors (FPIs) was USD 2.6 billion during October-December quarter, as per Morningstar Investment

Details
Category: Stock Market

Write comment (90 Comments)

RCom tanks 10% on NCLT's bankruptcy action
Faced with bankruptcy proceedings, beleaguered firm Reliance Communications plunged as much as 9.63 per cent early on Wednesday.

An insolvency tribunal ordered bankruptcy action against the company on a petition filed by Ericsson. This is something that could scupper the Anil Ambani owned telco’s Rs 18,000-crore deal to reduce debt by selling its w

Details
Category: Stock Market

Write comment (95 Comments)

Accumulate Nestle India, target Rs 10100: Emkay Global Financial Services
Emkay Global Financial Services has an accumulate call on Nestle India Ltd. with a target price of Rs 10100. The current market price of Nestle India Ltd. is Rs 9513.05 Time period given by analyst is year when Nestle India Ltd. price can reach defined target. Nestle India Ltd., incorporated in 1959, is a large-cap food processing company with a
Details
Category: Stock Market

Write comment (93 Comments)

Fag-end selling ruined the party on Dalal Street on Tuesday, as uncertainty loomed over government formation in Karnataka.

After rising over 400 points in day’s trade, the benchmark BSE Sensex closed 12.77 points, or 0.04 per cent, down at 35,543. Likewise, NSE’s Nifty index settled 4.75 points, or 0.04 per cent, down at 10,801.

Earlier in the

Details
Category: Stock Market

Write comment (100 Comments)

The domestic equity market ended on a flat note on Tuesday as uncertainty over government formation in Karnataka hit market sentiment.

While the Nifty50 settled almost flat at 10,801, momentum indicator moving average convergence divergence, or MACD, signalled downward crossovers on 50 counters on the National Stock Exchange (NSE).

Among the stocks

Details
Category: Stock Market

Write comment (94 Comments)

What triggered panic in rupee and bond traders
After a whipsawed morning trade, the Indian rupee joined stocks and bonds in a choreographed south-bound journey late afternoon Tuesday, plunging to a 16-month low against the US dollar on concerns that a split verdict in Karnataka could dim the BJP’s prospects of re-conquering its beach-head in the peninsula.

Surging oil prices and higher US

Details
Category: Stock Market

Write comment (90 Comments)

BSE Realty top sectoral loser; IB Real Estate tanks over 5%
NEW DELHI: The BSE Realty index finished as the top loser among the sectoral indices on Tuesday.

The index closed the day 1.9 per cent down at 2,279.70.

Shares of Phoenix Mills (up 2.40 per cent), Sobha (up 0.43 per cent) and Omaxe (up 0.04 per cent) remained in the green in the realty index.

However, Indiabulls Real Estate tanked over 5 per cent

Details
Category: Stock Market

Write comment (91 Comments)

Brokerages downgrade PNB post Q4 results; shares tank over 10%
Shares of Punjab National Bank tanked over 10 per cent in Wednesday's trade after the lender on Tuesday posted loss of Rs 13,416.91 crore for the January-March period, the biggest ever by any domestic lender, as bad loans surged.

The state-owned bank had reported standalone profit of Rs 261.90 crore in the fourth quarter of the preceding fiscal.

Th

Details
Category: Stock Market

Write comment (91 Comments)

ETMarkets Evening Podcast: What next after marketcrazy Tuesday
Hi friends! You are listening to ETMarkets Evening Podcast.

I am Abhinav Kaul who will get you today's market wrap along with analytics from some of the sharpest brains.

The much-awaited Karnataka elections scorecard is out.

And it has turned out to be a cliffhanger.

All three key stakeholders -- the BJP, Congress and JD (S) -- have gone into a

Details
Category: Stock Market

Write comment (95 Comments)

Tech view: Nifty forms Gravestone Doji, faces hurdle at higher level
NEW DELHI: After rising to a level just 2 per cent short of reclaiming its record high, the Nifty50 made a U-turn on Tuesday and reversed the entire morning gains to close in the red. The index formed a candlestick pattern similar to the Gravestone Doji on the daily chart, suggesting strong resistance at higher levels.

The index fell 4.75 points,

Details
Category: Stock Market

Write comment (95 Comments)

Hold Titan Company, target Rs 990: Emkay Global Financial Services
Emkay Global Financial Services has a hold call on Titan Company Ltd. with a target price of Rs 990. The current market price of Titan Company Ltd. is Rs 924.4 Time period given by analyst is a year when Titan Company Ltd. price can reach the defined target. Titan Company Ltd., incorporated in 1984, is a large-cap consumer durables company with
Details
Category: Stock Market

Write comment (93 Comments)

The battle for Karnataka infused immense volatility in the market on Tuesday, as the NSE benchmark Nifty50 moved over 120 points on either side before ending flat, losing just 4.75 points or 0.04 per cent.

The possibility of an absolutely majority for the BJP fuelled a rally in the market with Nifty trading over 115 points higher in early trade.

Details
Category: Stock Market

Write comment (100 Comments)

F O: Put writing at 10,800 and 10,900 shifts Nifty support higher
By Chandan TapariaThe Nifty50 index managed to hold above its support at 10,785 and headed towards 10,929 level in Tuesday’s trade. However, it failed to hold at higher levels and wiped out its entire gains as the day progressed as Karnataka poll verdict didn’t produce any winner with a simple majority.

The index continued to hit higher lows for

Details
Category: Stock Market

Write comment (100 Comments)