Axis Capital has maintained its hold rating on Bank of Baroda with a target price of Rs 180 per share post earnings, as the research house does not see huge upside post recent run-up.
If we (Government of Maharashtra and NBCC) succeed to get this (Dharavi) project, it will be a construction history to redevelop the largest slum of the Asia, said Anoop Kumar Mittal, Chairman, NBCC.
According to Angel Broking, EURINR spot is expected to strengthen after a recent report showed that Euro - zone growth had eclipsed the U.S. economy and is set to be best in decade.
Going forward operating capacities are unlikely to improve much. FY18 is going to be a tough year for them, said M Manickam, Exec VC, Sakthi Sugars.
ICICI Direct expects USD to meet supply pressure at higher levels. Utilise up side in the pair to go short on the USDINR.
Sandeep Wagle of powermywealth.com is of the view that one can buy V-Guard Industries and can sell Hindalco Industries.
We have opened almost 29 stores this quarter and around 67 stores in H1, Rajeev Gopalakrishnan, President of Asia South, Bata Emerging Markets told CNBC-TV18.
Manoj Murlidharan of Religare Securities is of the view that one can buy Indiabulls Real Estate and GAIL India and can short Muthoot Finance.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell PNB, Can Fin Homes and Capital First and can buy Hero MotoCorp and Ajanta Pharma.
The revenue has increased by 72.6 percent at Rs 1,582 crore against Rs 916.3 crore, QoQ.
Iron ore prices are more domestic-driven than international prices, said DS Ahluwalia, Director-Finance, NMDC.
The top losers were Vedanta which fell 2.9 percent while Hindalco Industries was down 2.89 percent. Sun Pharma, Indiabulls Housing Finance and GAIL India were the other top Nifty losers.
Deutsche Bank has retained a buy on Eicher Motors with a target price of Rs 33,750 while Credit Suisse has maintained an underperform rating on the stock with a target of Rs 26,600.
Crude oil is the most critical factor for economy like India as it imports around 80 percent of oil requirement.
In an interview to CNBC-TV18's Latha Venkatesh, Anuj Singhal, and Surabhi Upadhyay, SP Tulsian of sptulsian.com shared his readings and outlook on market and specific stocks and sectors.
Watch the interview of Sudarshan Sukhani, Mitessh Thakkar, Prakash Gaba, Sandeep Wagle, SP Tulsian and Manoj Murlidharan with Anuj Singhal, Latha Venkatesh and Surabhi Upadhyay on CNBC-TV18.
The company has reported 59 percent decline in net profit to Rs 912.1 crore in the second quarter ended September as the company faces pricing pressure in US generics market.
Nifty Future is opening gap down by 41 points against yesterday's close of 10231 as indicated by SGX Nifty which is currently trading at 10190, says Dynamic Levels.
Trading of SGX Nifty futures on the Singapore stock exchange indicates that Nifty could lose 31.5 points at the opening bell, says Maximus Securities.
The company had invested Rs 663 crore in November 2015 for a 40 percent stake in the bank.
The management maintained its earlier guidance of single-digit revenue decline in FY2018 and EBITDA margin performance of 20-22% in the second half.
Harris Insight Emerging Markets Fund (Vontobel) bought 1,47,43,940 shares of Bharti Infratel at Rs 399.98.
Mitessh Thakkar of miteshthacker.com recommends selling HDFC Bank below Rs 1790 with stop loss of Rs 1806 for target of Rs 1755 and a sell on Marico with a stop loss of Rs 305 for target of Rs 285. He has a buy on V-Guard Industries with a stop loss of Rs 220 for target of Rs 250.
F&O cues: Nifty 10300 Put shed 6.7 lakh shares in Open Interest and Nifty 10200 Put shed 3.3 lakh shares in Open Interest.
According to Technical Analyst Prakash Gaba of prakashgaba.com, if the index drifts down then it can slide to its next logical target of 10089 and 9994. The crucial support for the Nifty is at 10184-10089-9994 and the resistance is at 10270.