In an interview to CNBC-TV18, Manish Ostwal, Senior Research Analyst at Nirmal Bang Securities shared his views and readings on steel and public sector undertaking (PSU) banking space.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities is of the view that one can buy Jubilant Foodworks 1950 Put and DLF 230 Put.
UCO Bank, Allahabad Bank, Union Bank of India, State Bank of India, Bank of Baroda and Axis Bank, among others, have fallen 2-11 percent intraday.
The inspection by USFDA was conducted during the period February 12-16, 2018.
In an interview to CNBC-TV18, N Kamakodi, MD & CEO of City Union Bank spoke at length about the cyber criminal attack.
Watch the interview of Nischal Maheshwari of Edelweiss Securities with Anuj Singhal, Latha Venkatesh, and Sonia Shenoy of CNBC-TV18, where he shared his readings and outlook on the fundamentals of the market, and specific stocks and sectors.
UCO Bank in its filing on Saturday said its Hong Kong branch granted loans against letters of credit issued by PNB and was "fully confident" of receiving payment from PNB.
The market breadth was in favour of the declines with 410 stocks advancing in while 1176 stocks declined and 435 remained unchanged. On the other hand, 605 stocks advanced on BSE with 1411 stocks declining and 104 remained unchanged.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell L&T, ICICI Bank, Bharti Airtel, Capital First and HPCL and can buy JSW Steel and Escorts.
A meeting of board of directors is scheduled to be held on February 22 to consider the proposal for buy-back of the fully paid-up equity shares.
Tata Steel emerged as the highest bidder for Bhushan Steel with a surprise bid of Rs 35,000 crore. Stock falls 5 percent intraday.
Adani Ports, Titan, among others are being tracked by investors on Monday.
Watch the interview of Ashwani Gujral of ashwanigujral.com, Sudarshan Sukhani of s2analytics.com, Mitessh Thakkar of mitesshthakkar.com, Prakash Gaba of prakashgaba.com, Nischal Maheshwari of Edelweiss Securities, and VK Sharma of HDFC Securities with Anuj Singhal, Latha Venkatesh, and Sonia Shenoy of CNBC-TV18, where they shared their readings and outlook on the fundamentals and technical of the market, and specific stocks and sectors.
The air passenger traffic growth has come in strong for the month of January at 20 percent, in fact the strongest in 11 months.
F&O Cues: Nifty 10600 Call added 16.8 lakh shares in Open Interest while Nifty 10500 Put shed 8.5 lakh shares in OI.
Mitessh Thakkar of miteshthacker.com suggests selling Balrampur Chini with a stop loss of Rs 120 and target of Rs 110 and CG Power below Rs 83.5 with stop loss of Rs 86 and target of Rs 78.
Rakesh Bansal of RK GLobal recommends selling Bata India with a stop loss at Rs 730 and target of Rs 667, Dish TV with a stop loss at Rs 76 and target of Rs 67 and a sell also on DLF with a stop loss at Rs 238 and target at Rs 208.
Tata Steel | PNB | Infosys | Gitanjali Gems | KPR Mills | Religare Enterprises | Bhushan Steel | Natco Pharma | PVR | ARSS Infra | IOC | NTPC | Power Grid | Fortis Healthcare and Binani Cement are stocks, which are in the news today.
In an investor presentation, the country's largest realty firm said the company has modified its business model for residential segment.
The complex at Kakinada, East Godavari district, is proposed to be jointly set up by GAIL and HPCL, both central PSUs
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Sun TV and Jindal Steel & Power and can buy Bombay Burmah Trading.
Buying futures needs a surety of the direction as the payoff is linear but Options can still help you add returns due to its Non-Linear Payoff behaviour," says Shubham Agarwal CEO & Head of Research at Quantsapp Private Limited.
"A short-term bottom in place around a recent low of 10,276 levels. As the market has moved in a range bound manner in the current week between 10,637 – 10,398, traders should focus for breach of these levels and the move outside this range can be swift in the direction of the breakout," says Mazhar Mohammad Chief Strategist – Technical Research & Trading Advisory, Chartviewindia.in.
Sources tell CNBC-TV18 that Tata Steel has emerged as the highest bidder to buy Bhushan Steel. The company has offered a package of Rs 40,000 crore.
In an interview to CNBC-TV18, Rajeev Chandrasekhar, MP of Rajya Sabha, and Hari Prasad, the Whistleblower who wrote letter to the PMO of a possible scam at PNB in 2016 discussed the key developments of the scam.