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Top intraday trading ideas for afternoon trade for Friday, 13 April 2018
NEW DELHI: The Nifty50 index was trading above 10,500 around 11:40 am on Friday 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:

Kunal Bothra, independent market expertAurobindo Pharma is a 'Buy' call with a target

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ET Intelligence Group : After a dampened volume growth of under 6 per cent for the past five years, the cement sector is expected to report a turnaround in sales volume over the two quarters to FY19. It will be driven by factors such as the recent slew of consolidation among companies, incremental demand before the elections in various states and
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F O: Nifty50 forms higher high for ninth session, Vix slips 1.09%
By Chandan TapariaThe Nifty50 index managed to hold above 10,400 level and headed towards 10,470 on Thursday. It formed a bullish candle on the daily chart. Also it continued to form higher high for the ninth consecutive session. The index managed to close above its immediate hurdle at 10,420 and a decisive hold above 10,420 could extend its move
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Former Indiabulls promoter, Lone Star invest $200m each in new fin JV
Mumbai: US-based stressed assets fund Lone Star and former promoter of Indiabulls, Rajiv Rattan, have formed an equally-owned joint venture finance company to make it one of India’s top five wholesale and retail financiers. The partners have invested $200 million (Rs 1,300 crore) each in the company, RattanIndia Finance, and committed to further f
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Market Now: Apollo Tyres, Britannia, Kotak Bank among stocks that hit fresh 52-week highs
NEW DELHI: Over 25 stocks including Abbott India, Apollo Tyres, Britannia Industries, Chambal Fertilizers - Chemicals and Escorts hit fresh 52-week highs on NSE during Friday's trade.

Stocks such as Future Lifestyle Fashions, Firstsource Solutions, HIL, IPCA Laboratories, Kotak Mahindra Bank, Nestle India, Orient Press, Pidilite Industries,

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By Dave LiedtkaBitcoin surged the most on an intraday basis since December after breaking through key technical levels.

The biggest cryptocurrency climbed as much as 16.9 percent, piercing both the $7,000 and the $8,000 levels in a matter of minutes. Bitcoin swung wildly between gains and losses in December while reaching a record high of almost

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Market Now: Sensex, Nifty trade higher, but these stocks plunge 10% on NSE
NEW DELHI: Shares of Uttam Value Steels (down 20 per cent), Samtel Color (down 12.50 per cent), MVL (down 10 per cent) and Talwalkars Better Value Fitness (down 10 per cent) plunged 10 per cent on NSE during Friday's trade, defying the positive sentiment of broader markets.

Shares of TN Telecom (down 5 per cent), SEL Manufact (down 5 per cent), Shi

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ETMarkets Evening Podcast: Market rises; whatyou next step
Hi there! You are listening to ETMarkets Evening Podcast.

This is Abhinav Kaul, with today's stock trading digest and what seasoned analysts have to offer.

It was Day 6 when stocks had a positive close, this time driven by IT stocks. Growing optimism about an earnings pick-up fed the bulls. Infosys is going to kickstart the January-March results

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Sensex reclaims 34,000 level, Nifty rises for 6th straight day
NEW DELHI: Rally in IT, private bank, financial and auto stocks helped equity benchmarks Nifty50 and Sensex log gains for a sixth consecutive session on Thursday.

The market remained rangebound in the morning session ahead of the release of industrial production and retail inflation numbers later in the day.

However, the afternoon session rise

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Future Lifestyle gains for second session, up 6%
NEW DELHI: Shares of Future Lifestyle Fashions rallied 6 per cent in Friday's trade on reports that Future Specialty Retail, a wholly-owned subsidiary, will be the sole Indian retailer for LeeCooper apparel and footwear.

The stock rose 6.28 per cent to hit a high of Rs 476.7 on BSE around 10.14 am (IST). Jefferies on Thursday initiated coverage on

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After deliberating in the first half of the session, the Nifty attempted to move past its 50-DMA and 200-DMA levels. The market ended in the green for the sixth session in a row with the NIFTY gaining 41.50 points or 0.40 per cent.

The market saw a brief consolidation near the 50-DMA and the 100-DMA mark, which remained in close vicinity at 10,413

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Dolly Khanna buys stake in Associated Alcohols; 5 points you need to know
Chennai-based value investor Dolly Khanna has a liking for brewer and distiller Associated Alocohols - Breweries. And it's not without reasons.

The company's market capitalisation crossed Rs 600 crore as of April 11 as against Rs 242 crore a year ago. Even the stock is on the turn, which jumped 150 per cent to Rs 334.05 from Rs 133.65 during

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Don&t go back on oil sector reform
By Narendra Nathan

Share prices of PSU oil marketing companies like IOC, HPCL and BPCL tumbled on April 11 based on reports that government has asked them to accept a cut of one rupee in their marketing margins(i.e. not to increase prices in line with international prices).

Their share prices did not recover even after oil minister Dharmendra

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Wall Street jumps on earnings optimism, Syria worries ebb
Wall Street stocks bounced higher on Thursday as expectations that lower U.S. taxes would fuel corporate earnings added to easing of nerves over U.S. military conflict with Russia in Syria.

Growth stocks including technology, financial and industrial stocks led gains on the main U.S. indexes.

Boeing rose 1.53 percent and was the biggest boost to

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Oaktree Capital says India may be growth engine in 3-5 years
By Denise Wee

Oaktree Capital Group LLC, one of the world’s largest distressed debt investors, is eyeing India as a key market as the nation overhauls its bankruptcy rules and banks battle with a historic bad debt clean-up.

“I wouldn’t be surprised to see India as another engine of growth maybe in the next three to five years,” said Jay Wintrob, chi

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This stock has soared 44,000% in 10 years, promises cool returns in this hot summer
Air-conditioner manufacturers are doing roaring business across India these days. And so are air-coolers producers.

Even though it is more of seasonal demand, which soars during the scorching Indian summers, the opportunity is so big that discerning equity investors are making money all the through year.

Ahmedabad-based Symphony commands over 50

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Sebi issues disclosure norms to govern new MF schemes post-merger
In order to standardise performance disclosure of schemes once they have been merged, markets regulator Sebi today asked mutual funds to disclose the weighted average performance of the new as well as the old product.

There are no specific guidelines at present to govern the depiction of performance of the surviving scheme, pursuant to merger of MF

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Sebi probes alleged corporate governance breaches at ICICI Bank
Market regulator Securities and Exchange Board of India (Sebi) has initiated a probe into alleged corporate governance breaches at ICICI Bank, according to a report by ETNow.

The regulator has asked for key documents on all board decisions pertaining to Videocon Group, the report added. Sebi also seeks to know stance of independent directors on

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Market Now: Telecom index up; Bharti Infratel jumps 2%
NEW DELHI: The BSE Telecom index was trading 0.84 per cent up at 1,317 around 11:05 am (IST) on Friday with Bharti Infratel (up 1.99 per cent) as the top gainer.

GTPL Hathway (up 1.45 per cent), Reliance Communications (up 1.35 per cent), Idea Cellular (up 1.30 per cent), GTL (up 1.14 per cent), Himachal Futuristic Communications (up 1.07 per

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Bonds rebound, call rates rule steady
Mumbai: Government bonds (G-Secs) rebounded following renewed demand from corporates and banks.

While, Interbank call money rates held stable as demand from borrowing banks match supplies.

The 7.17 per cent government security maturing in 2028 rose to Rs 97.95 from Rs 97.49, while, its yield moved down to 7.47 per cent from 7.54 per cent.

The 6.68

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Top intraday trading ideas for afternoon trade for Thursday, 12 April 2018
NEW DELHI: The Nifty50 index was trading above 10,400 around 11:50 am (IST) on Thursday following buying in IT and select bank, financial and auto 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.comKPIT Technologies is a

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Could the Fedrate hikes trigger a debt bomb
By Satyajit DasThe US Federal Reserve minutes released Wednesday show that central bank officials are increasingly committed to raising rates and shrinking the bank’s balance sheet. While economic signs remain mixed, continued growth, rising inflationary expectations, tightening labor markets and the need to temper asset prices would all seem to a
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ICEX launches 30-cent diamond futures contract
The Indian Commodity Exchange today launched 30-cents diamond futures contracts, adding to its existing product basket of 1-carat and 50-cents contracts.

ICEX had launched the world's first diamond derivatives contracts in August last year with 1-carat futures contracts, and had subsequently added the 50-cents contracts.

With the addition of

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Dish TV promoter companies offer to buy 26% stake for Rs 3,701 crore
NEW DELHI: Promoter group entities of Dish TV have made an offer to buy an additional 26 per cent equity stake from public shareholders of the direct-to-home (DTH) player for Rs 3,701 crore.

In a public announcement made to the shareholders, Dish TV promoter entities World Crest Advisors LLP, together with Veena Investments Pvt Ltd and Direct

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$105 billion ‘ghost stock& blunder rocks Korea
Seoul: Someone at Samsung Securities Co, one of South Korea’s largest brokerages, was trying to pay employees 1,000 won (93 US cents) per share in dividends under a company compensation plan. Somehow, they gave them 1,000 Samsung Securities shares instead. In total, the company distributed 2.83 billion shares, worth — on paper — about 112.6 tri
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NEW DELHI: Defying muted global cues, domestic equity market once again logged decent gains on Thursday, taking its winning streak to the sixth session in a row.

The Sensex reclaimed the 34,000 level to close at 34,101, up 161 points. The Nifty50 topped the 10,450 level to shut shop at 10,458, up 41.50 points. Let's have a look at the top

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Results season about to kick off; The good, bad and ugly of Q4
A lower base might just come to the rescue of India Inc, which thinks revival in earnings is taking hold. The results season is all set to start tomorrow, with Infosys getting off the block.

Brokerage firm Kotak Securities expects a 7 per cent year-on-year (yoy) rise in net profit from companies in its universe. Some of its peers, however, feel

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Market Now: Private bank stocks up; Kotak Mahindra Bank, ICICI Bank advance 1%
NEW DELHI: Most of the private bank stocks were trading with gains during the early trade on Friday.

The Nifty Private Bank index was trading 0.63 per cent up at 14,388 around 10:35 am (IST) with all components in the green.

Shares of Kotak Mahindra Bank, IDFC Bank, ICICI Bank, South Indian Bank, YES Bank and Axis Bank climbed up to 1 per cent.

Fe

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Tech view: Nifty forms bullish candle, crosses 20-, 50-DMAs
NEW DELHI: The Nifty50 climbed for the fifth consecutive session on Thursday to settle above its 50-day moving average, forming a bullish candle on the daily chart.

The index made higher high and higher low for the ninth consecutive session, suggesting a positive bias. Besides, technical indicators and oscillators generated a buy signal. The MACD l

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Market Now: Over 20 stocks hit fresh 52-week lows on NSE
NEW DELHI: Over 20 stocks including Balrampur Chini Mills, Centrum Capital, Dhampur Sugar Mills, Diamond Power Infra and Indian Oil Corporation hit fresh 52-week lows on NSE during Thursday's trade.

Lloyds Steels Industries, SRS, Sundaram Finance Holdings, Surana Industries, Talwalkars Better Value Fitness and Vakrangee also appeared among the

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