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Sensex jumps 350 pts, Nifty50 above 10,900 as BJP leads Karnataka vote count tally
NEW DELHI: Benchmark indices on a positive note on Tuesday as vote count for the recently concluded Karnataka elections kicked off, with BJP leading with 45 seats, followed by INC (31 seats) and JD (S) (30 seats). A total of 113 of 222 seats are needed for a majority.

The BSE Sensex which opened on a flat note climbed over 250 points to 35,800

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Domestic equity market ended Monday’s volatile session on a flat note ahead of Karnataka election outcome. The Sensex closed 20.92 points, or 0.06 per cent up at 35,556.71, whereas Nifty50 ended almost unchanged at 10,806.60.

As many as 28 stocks in the Nifty closed in the red with Titan falling the most 3.49 per cent, followed by Zee

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Sensex ends flat ahead of Karnataka outcome, Nifty holds 10,800
NEW DELHI: Indian equity benchmarks Sensex and Nifty closed marginally higher on Monday as gains in bank, financial and pharma counters were offset by losses in auto, IT and metal stocks.

Investors remained on the sidelines ahead of Karnataka election results, due on Tuesday. Moreover, investors also awaited inflation data, expected later in the

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Accumulate Mahindra Mahindra Financial Services, target Rs 553: Prabhudas Lilladher
Accumulate Mahindra - Mahindra Financial Services, target Rs 553: Prabhudas Lilladher - The TheIndianSubcontinent

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Tech view: Nifty forms indecisive pattern; 10,770 level key support
NEW DELHI: The Nifty50 on Monday traded in a narrow range to eventually settle the day flat. The index made an indecisive small bearish candle resembling 'Doji' on the daily chart ahead of the outcome of Karnataka elections.

While the event will dominate the market on Tuesday, analysts believe that the 10,830 level would pose as immediate

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Top quantitative strategies for the week
By Motillal Oswal SecurititesOption WritingSTRATEGY 1Writing against Cash / Fut HoldingSell Lupin 800 CE 31 MAY at Rs 11.90 Target Level : 1.90 Stop Loss Level : 17 Gross Monthly Yield : 1.35 per cent ROI : 9.25 per cent Margin : Rs 65,000 Days to Expiry : 18

Writing with HedgingLeg 1 : Sell Lupin 800 CE 31 MAY at Rs 11.90 Leg 2 : Buy Lupin 840 CE

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Add Havells India, target Rs 619: ICICI Securities
ICICI Securities has an add call on Havells India Ltd. with a target price of Rs 619. The current market price of Havells India Ltd. is Rs 542.75. Time period given by the brokerage is Two Years when Havells India Ltd. price can reach defined target. Havells India Ltd., incorporated in 1983, is a large-cap company with a market cap of Rs
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Nifty Pharma breaks 6-day losing streak; Dr. Reddy's Labs, Cipla climb 1%
NEW DELHI: The Nifty Pharma index broke its six-day losing streak on Monday, backed by gains in Dr. Reddy's Laboratories (up 1.23 per cent) and Cipla (up 0.89 per cent).

The Nifty Pharma index settled 0.19 per cent up at 8,462.

Shares of Biocon (up 0.36 per cent) and Sun Pharmaceutical Industries (up 0.20 per cent) pocketed mild gains, while Lupin

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Top intraday trading ideas for afternoon trade for Monday, 14 May 2018
NEW DELHI: The Nifty50 index was trading 19 points down at 10,788 around 12:20 pm on Monday on selling in select bank, metal, IT, auto and consumer durable stocks.

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.comWockhardt is a

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Buy Sun TV Network Ltd. target Rs 1170: Centrum Broking
Buy Sun TV Network Ltd. target Rs 1170: Centrum Broking - The TheIndianSubcontinent

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F O: Option data suggests trading range between 10,700 and 10,900
By Chandan TapariaNifty index remained in a range of 40-50 points for the entire session and closed on a flattish note ahead of Karnataka election result.

The index formed a Spinning Top candle on daily scale, which suggests absence of followup buying at crucial zones. However it continued the formation of higher lows for last six trading

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Market Now: Cement stocks get the blues as govt weighs pan-India ban on petcoke
NEW DELHI: Most cement stocks were seen under pressure during Monday's trade after reports emerged that the government is mulling pan-India ban on burning petroleum coke as a fuel.

India's government plans to propose banning burning petroleum coke as a fuel nationwide to comply with a Supreme Court request as part of a long-running case to clean

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Updated: May 15, 2018, 09.50 AM IST

Sell Biocon, target Rs 500: Centrum Broking
Centrum Broking has a sell call on Biocon Ltd. with a target price of Rs 500. The current market price of Biocon Ltd. is Rs 634.15. Time period given by the brokerage is a year when Biocon Ltd. price can reach the defined target.

Biocon Ltd., incorporated in 1978, is a large-cap pharma company with

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IndusInd Bank, SBI, HDFC Bank keep Nifty Bank index in the green
NEW DELHI: Gains in IndusInd Bank (up 1.25 per cent), State Bank of India (up 0.82 per cent), Punjab National Bank (up 0.62 per cent) and HDFC Bank (up 0.61 per cent) helped Nifty Bank index close the day in the green zone.

The Nifty Bank index settled 0.23 per cent up at 26,475.

IDFC Bank (down 3.87 per cent) incurred heavy losses on Monday.

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Market Now: Smallcaps in sync with midcaps, trail Sensex
NEW DELHI: In line with midcaps, smallcaps too were underperforming Sensex in Monday's trade.

Around 11:45 am, the BSE Smallcap index was trading 0.51 per cent down at 17728, while the BSE Sensex and Nifty were flat at 35,531 and 10,803, respectively.

Shares of Reliance Naval and Engineering (down 13.73 per cent), PTC India Financial Services (dow

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Sell Indiabulls Housing Finance, target Rs 1180: Kunal Bothra
Independent analyst Kunal Bothra has a sell call on Indiabulls Housing Finance Ltd. with a target price of Rs 1180. The current market price of Indiabulls Housing Finance Ltd. is Rs 1216.95. Time period given by the analyst is Intra Day when Indiabulls Housing Finance Ltd. price can reach the defined target. Kunal Bothra recommended to keep stop
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These stocks plunged over 13% on NSE on Monday
NEW DELHI: Shares of Orient Electric (down 17.52 per cent), PTC India Financial Services (14.34 per cent) and Reliance Naval and Engineering (13.73 per cent) plunged over 13 per cent on NSE on Monday.

Stocks such as MVL (12.50 per cent), Amj Land Holdings (12.37 per cent), Ruchi Soya Industries (12.35 per cent), PC Jeweller (11.55 per cent),

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Market Now: Midcaps underperform Sensex; Tata Global Beverages plunges 10%
NEW DELHI: The BSE Midcap index was underperforming benchmark Sensex during Monday's trade.

Around 11:35 am, the BSE Midcap was trading 0.57 per cent down at 16,250, while the Sensex was 0.05 per cent up at 35,554. The NSE Nifty50 was 0.07 per cent up at 10,814.

Tata Global Beverages (down 10.02 per cent), Reliance Power (down 6.43 per cent), Vakr

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As expected, the session on Monday headed nowhere, as the market oscillated in a narrow range and ended flat gaining 0.10 points or 0.01 per cent. The Nifty managed modest gains in the morning, but it pared those gains during the day.

The lower levels too did not sustain and the index ended largely unchanged from the previous levels. However, the

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Delhi HC allows sale of Malvinder Singh's listed shares to pay Daiichi Rs 3,500 crore award
New Delhi: The Delhi High Court allowed the sale of unencumbered shares held in listed companies by former Ranbaxy promoter Malvinder Singh towards part payment of an arbitration award in favour of Daiichi Sankyo. The proceeds are to be deposited with the court.

The high court has also ordered parties owing money to Malvinder and Shivinder Singh an

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Market Now: Midcaps underperform Sensex; Tata Global Beverages plunges 10%
NEW DELHI: The BSE Midcap index was underperforming benchmark Sensex during Monday's trade.

Around 11:35 am, the BSE Midcap was trading 0.57 per cent down at 16,250, while the Sensex was 0.05 per cent up at 35,554. The NSE Nifty50 was 0.07 per cent up at 10,814.

Tata Global Beverages (down 10.02 per cent), Reliance Power (down 6.43 per cent), Vakr

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DHFL plans to raise up to Rs 15,000 crore via bonds
MUMBAI: Dewan Housing Finance (DHFL) is set to launch this year's largest retail bond sale, raising up to Rs 15,000 crore for funding home loans as the demand for affordable apartments surges in the world’s fastest-expanding major economy.

DHFL is the flagship company of Wadhawan Global Capital (WGC) group. The issue is rated triple-A by Care and

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These are the top NSE gainers of Monday's session
NEW DELHI: With a gain of 25 per cent, Raj Rayon Industries emerged as the top gainer on NSE on Monday.

FCS Software Solutions (up 20 per cent) and Shekhawati Poly-Yarn (up 16.67 per cent) were up next.

Sun TV Network (up 10.52 per cent), IMP Powers (up 9.98 per cent), Bil Energy Systems (up 9.09 per cent), Parag Milk Foods (up 9.07 per cent) and

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This IITian fell headlong for stocks, and is making a killing
You do not find an IIT-IIM graduate single-mindedly working on stock strategies too often; do you

That’s not the only attribute that makes Gaurav Sud stand out. This Gurugram-based investor also has a unique style of investing: he keeps looking for stocks which may have taken a dent because of a negative event. And then he tries to look for signs

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ETMarkets Evening Podcast: Trading tips from top D-Street experts
Hello There! You are listening to ETMarkets Evening Podcast.

This is Abhinav Kaul and I will bring you today's market wrap, complete with all the cues and views from seasoned analysts.

Domestic equity markets moved between positive and negative territory throughout the day before ending on a flat note.

Dalal Street turned cautious ahead of

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Sun TV, SBI among most active stocks in value terms
NEW DELHI: Sun TV (Rs 1057.53 crore), State Bank of India (Rs 473.51 crore) and Tata Consultancy Services (Rs 417.15 crore) finished the day among the most active stocks in value terms.

HDFC (Rs 373.26 crore), Titan Company (Rs 350.44 crore), Bharti Airtel (Rs 341.94 crore), Sun Pharma (Rs 324.09 crore), ICICI Bank (Rs 321.40 crore), Tata Steel

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HUL drops ahead of Q4 results; what to look for
NEW DELHI: Hindustan Unilever sank half a per cent lower on Monday ahead of its March quarter results later in the day.

The stock was 0.54 per cent lower at Rs 1,498.20 early today.

Brokerage Motilal Oswal Securities expects the FMCG major to report an adjusted profit after tax (PAT) of Rs 1,300 crore, up 16.6 per cent yoy. Revenues for the

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Blackstone sells 8% stake in Mphasis
Global private equity major Blackstone today offloaded 8 per cent stake in mid-sized IT services exporter Mphasis through open market transactions, senior officials said.

Following the stake-sale, Blackstone's holding in the company has fallen to 52 per cent from a little over 60 per cent.

Blackstone through its unit Marble II Pte sold a total of

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Check out the most traded stocks of Monday's session
NEW DELHI: JP Associates emerged as the most traded stock on NSE on Monday.

With 6.17 crore shares changing hands, the stock led the pack of most traded stocks on NSE.

South Indian Bank (5.99 crore), PC Jeweller (5.94 crore), Suzlon Energy (5.04 crore), Reliance Communications (4.98 crore) and Idea Cellular (3.72 crore) were also in the league of

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ET Intelligence Group: Crude oil prices have flared once again after the US government’s decision to exit nuclear deal with Iran and reimpose sanction. This is likely to put more pressure on India’s current account deficit. However, for portfolio allocation, companies which export to oil producing countries will be preferred, while subsidy fear
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