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

Write comment (90 Comments)
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

Write comment (95 Comments)
Market Now: Sensex, Nifty move up a little; these stocks surge over 12%
NEW DELHI: Shares of Zenith Exports (up 19.42 per cent), Sathavahana Ispat (up 14.52 per cent), Raj Rayon Industries (up 14.29 per cent), FCS Software Solutions (up 14.29 per cent) and Future Market Networks (up 12.90 per cent) zoomed over 12 per cent on NSE during the early trade on Thursday. Equity benchmarks moved up a little shrugging off

Write comment (99 Comments)
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

Write comment (93 Comments)
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

Write comment (99 Comments)
Carlyle to sell 10% stake in PNB Housing Finance
MUMBAI: Global private-equity major Carlyle is seeking to sell a 10 per cent stake in PNB Housing Finance, making more than three times the money it had initially put in and likely boosting the performance of the Asia buyout fund through which it holds the investment in the Indian mortgage lender.

PNB Housing Finance, which listed in Mumbai in

Write comment (97 Comments)
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

Write comment (98 Comments)
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

Write comment (90 Comments)
Jaypee Infratech hits lower circuit; herewhy
Jaypee Infratech hit lower circuit of nearly 5 per cent on the BSE early on Thursday after The Indian Subcontinent reported that Lakshadweep Pvt, a joint venture with links to billionaire Dilip Shanghvi, is set to acquire the insolvency-hit developer.

Jaypee Infra, the operator of Taj Expressway, has to deliver nearly 25,000 apartments in Noida.

The

Write comment (96 Comments)
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

Write comment (90 Comments)
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

Write comment (100 Comments)
Market Now: IT stocks rally on rupee weakness; HCL Tech zooms 4%
NEW DELHI: Falling rupee seems to have given a fillip to IT stocks as most of them from the Nifty IT pack were trading in the higher terrain.

The Nifty IT index was trading 2.71 per cent up at 13,105 around 10:50 am (IST) with HCL Technologies (up 3.91 per cent) as the top gainer.

It was followed by Tata Consultancy Services (up 3.31 per cent), Tat

Write comment (95 Comments)
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

Write comment (96 Comments)
How to deal with myriad expert ideas and WhatsApp gossip to make money in stocks
By Abhishek Basumallick

As information grows increasingly abundant and is available instantly, what limits consumption of information is the attention that we can pay for it.

Nobel laureate economist Herbert Simon articulated this beautifully, when he said, "in an information-rich world, the wealth of information means a dearth of something

Write comment (98 Comments)
Alok Industries climbs 5% as RIL looks set to acquire company
NEW DELHI: Shares of Alok Industries climbed 5 per cent in Thursday's trade on reports that Reliance Industries is set to acquire the company. A majority of lenders to the bankrupt textile company have voted in favour of the resolution plan given by billionaire Mukesh Ambani’s company, two officials familiar with the development told ET.

JM

Write comment (92 Comments)
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

Write comment (94 Comments)
Zuckerberg revelations deepen political divide
Will do everything to ensure that the Indian elections are safe! Those are the words coming from Facebook founder Mark Zuckerberg. Deposing before US lawmakers on the massive data breach, Zuckerberg took responsibility for FB’s failure to protect personal information of millions of its users, as he tried to quell the storm over misuse of personal d

Write comment (99 Comments)
Sebi to make physical settlement mandatory in phased manner
New Delhi: Markets regulator Sebi today decided to make physical settlement of stock derivatives mandatory in a phased or calibrated manner, a move that could bring some much-needed balance between equity cash and derivative segments.

The regulator has strengthened the existing entry criteria for introduction of stocks into the derivative segment

Write comment (99 Comments)
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

Write comment (98 Comments)
Market Now: Jubilant Foodworks, MRF, Titan among stocks that hit 52-week highs
NEW DELHI: Over 20 stocks, including Aarti Industries, HIL, IPCA Laboratories, Jubilant Foodworks, Mastek and MRF hit fresh 52-week highs on NSE during Thursday's trade.

Orient Press, Sandhar Technologies, Titan Company, Zenith Exports and Zensar Technologies also figured among stocks that hit fresh 52-week highs on NSE.

Equity benchmarks moved up

Write comment (99 Comments)
63 Moons to move Bombay HC for defreezing operating accounts
Jignesh Shah-owned 63 Moons, formerly known as Financial Technologies, will move the Bombay High Court tomorrow against the state government's directives to freeze the operating accounts of the company.

The government on April 4 had issued a directive to freeze operating accounts of the company, alleging complaints were received from a number of

Write comment (95 Comments)
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

Write comment (90 Comments)
How SGX just outwitted NSE with new products to replace SGX Nifty
Even as the National Stock Exchange (NSE) weighed its options to protect its turf after Singapore Exchange (SGX) pulled one off on it by launching a series of independent India-based equity derivative contracts, market veterans marvelled at the product innovation SGX appears to have accomplished.While exact details of the new products are not

Write comment (97 Comments)
Rising for the fifth day in a row, NSE benchmark Nifty, ended Wednesday’s session with a minor gain of 14.90 points or 0.14 per cent.

Market exhibited positive intent, as it recovered from the low point of the day. However, it continued see resistance near the 50-DMA and 100-DMA levels, which remain in close vicinity.

On Thursday, approach the

Write comment (100 Comments)
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

Write comment (94 Comments)
Market Now: Check out the stocks that cracked over 6% on NSE
NEW DELHI: Shares of Talwalkars Better Value Fitness (down 9.99 per cent), Sujana Universal (down 6.67 per cent) and SRS (down 6.25 per cent) cracked over 6 per cent on NSE during the early trade on Thursday.

Stocks such as CMM Infraprojects (down 5.43 per cent), Zodiac JRD- MKJ (down 5.26 per cent), RattanIndia Infrastructure (down 5.26 per

Write comment (91 Comments)
ETMarkets Evening Podcast: Trading tips from D-Street experts
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.

Stock benchmarks eked out measly gains today as trade clouds swirled over the market. Reports about likely US air strikes in Syria upped the uncertainty level.

The close marked the fifth

Write comment (95 Comments)
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

Write comment (99 Comments)
By Nupur Acharya

Corporate India is forecast to show a strong growth in profits in the January-to-March quarter, even as the banking sector weighs on projections with its continuing struggle to clear a build-up of stressed loans.

Fourth-quarter profits for NSE Nifty 50 Index companies will grow 10 per cent from a year earlier, according to a

Write comment (92 Comments)
Regional rural banks may get to list on bourses
Financially strong regional rural banks ( RRBs) may be soon able to tap the market through an IPO and dilute government stake in them, if the government accepts Nabard's proposal. The apex agri and rural lender has sent an internal note to the government identifying eligible RRBs.

Nabard, the apex body for agri-lending and rural finance, has

Write comment (94 Comments)