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Tata Motors slips 4% post Q1 results; BofAML, CLSA, Nomura slash target price

BUSINESS

Tata Motors slips 4% post Q1 results; BofAML, CLSA, Nomura slash target price

Last year, the same quarter when the company had reported a one-time gain of Rs 3,600 crore after recalibrating the method of calculating pension liabilities at Jaguar Land Rover its net profit had come in at Rs 3200 crore.

JK Paper surges 9% on robust Q1 numbers

BUSINESS

JK Paper surges 9% on robust Q1 numbers

Revenue increased 26 percent to Rs 795.01 crore versus Rs 631.32 crore.

Bajaj Auto July sales zoom 30% to 4 lakh units, Rajiv Bajaj sees growth sustaining on festive demand

BUSINESS

Bajaj Auto July sales zoom 30% to 4 lakh units, Rajiv Bajaj sees growth sustaining on festive demand

Rajiv Bajaj, Managing Director at Bajaj Auto, feels August performance should be similar to July or could be tad better than June as the festival season kick-starts

Mahanagar Gas rises 4% post Q1 nos; Citi maintains buy with target Rs 1,000

BUSINESS

Mahanagar Gas rises 4% post Q1 nos; Citi maintains buy with target Rs 1,000

The company's Q1 profit increased by 3.2 percent to Rs 128 crore versus Rs 124.3 crore in the same quarter last fiscal.

From reservation to lynching, here's what India wants PM Modi to address in his I-Day speech

INDIA

From reservation to lynching, here's what India wants PM Modi to address in his I-Day speech

PM Narendra Modi has sought ideas from people for his speech to be delivered from Red Fort in New Delhi on August 15

Software glitch delays 50 flights from Mumbai airport

INDIA

Software glitch delays 50 flights from Mumbai airport

The systems failure had halted check-in and baggage handling for an hour.

Market to track MPC & FOMC outcomes; 5 largecaps that could return 9-22%

BUSINESS

Market to track MPC & FOMC outcomes; 5 largecaps that could return 9-22%

As long as the Nifty holds above 11,260 levels, Ashish Chaturmohta of Sanctum Wealth Management expects the index to head towards 11,470 levels

JSPL gains 3% on order win to supply of rails from Indian Railways

BUSINESS

JSPL gains 3% on order win to supply of rails from Indian Railways

The company will supply around 1 lakh tonnes of rails over a period of one year.

Indian rupee opens flat at 68.55 per dollar

BUSINESS

Indian rupee opens flat at 68.55 per dollar

Utilise upsides in the USD-INR to initiate short positions, says ICICIdirect.

Markets@Moneycontrol: Nifty likely to hit record high; 3 stocks which could give 4-15% return

BUSINESS

Markets@Moneycontrol: Nifty likely to hit record high; 3 stocks which could give 4-15% return

Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 22.5 points or 0.2 percent. Nifty futures were trading around 11,399.50- level on the Singaporean Exchange.

News highlights: NCLAT calls for fresh bids in Bhushan Power and Steel auction

BUSINESS

News highlights: NCLAT calls for fresh bids in Bhushan Power and Steel auction

This blog will keep track of breaking news and important developments through the day.

Top buy & sell ideas by Ashwani Gujral, Sudarshan Sukhani, Mitessh Thakkar for short term

BUSINESS

Top buy & sell ideas by Ashwani Gujral, Sudarshan Sukhani, Mitessh Thakkar for short term

Ashwani Gujral of ashwanigujral.com suggests buying Bajaj Finserv with a stop loss of Rs 6900, target of Rs 7150, ACC with a stop loss of Rs 1500, target of Rs 1585 and Radico Khaitan with a stop loss of Rs 430, target of Rs 456.

Podcast | Stock Pick of the Day: These 2 largecaps, 1 midcap could return 4-15%

BUSINESS

Podcast | Stock Pick of the Day: These 2 largecaps, 1 midcap could return 4-15%

As per the options data, the support and resistance levels for the Nifty has shifted higher in the August series compared to last expiry.

Buy or sell: Top stock trading ideas by market experts which are good short term bets

BUSINESS

Buy or sell: Top stock trading ideas by market experts which are good short term bets

Rajesh Agarwal of AUM Capital recommends buying Multi Commodity Exchange of India with stop loss at Rs 864 and traget of Rs 904, Jindal Steel & Power with stop loss at Rs 200 and target of Rs 213 and Britannia Industries with stop loss at Rs 6410 and target of Rs 6695.

Stocks in the news: Tata Motors, RIL, Apollo Tyres, Power Grid, HPCL, Orient Refractories

BUSINESS

Stocks in the news: Tata Motors, RIL, Apollo Tyres, Power Grid, HPCL, Orient Refractories

Stocks in the news: Tata Motors, RIL, Apollo Tyres, Power Grid, HPCL, Orient Refractories

5 lives lost, 8 attempt suicide over Maratha quota demand

POLITICS

5 lives lost, 8 attempt suicide over Maratha quota demand

Chief Minister Devendra Fadnavis said the reservation needs to be scrutinised both legally and constitutionally before it can be passed.

A morning walk down Dalal Street: Investors likely to be in wait-and-watch mode with eye on RBI policy

BUSINESS

A morning walk down Dalal Street: Investors likely to be in wait-and-watch mode with eye on RBI policy

Earnings, as well as central bankers’ action, will be in focus. Investors are likely to be in a wait-and-watch mode ahead of RBI policy outcome today as well as an outcome from FOMC meeting which will be out later in the night.

Podcast | Editor's pick of the day: Four million people and one register – The latest from Assam

POLITICS

Podcast | Editor's pick of the day: Four million people and one register – The latest from Assam

The draft list contains names, addresses and photographs of all legal citizens residing in Assam before March 25, 1971.

Podcast | Digging Deeper with Moneycontrol: How solid relationships with our money and our friends will make for a fulfilling and enriched life

BUSINESS

Podcast | Digging Deeper with Moneycontrol: How solid relationships with our money and our friends will make for a fulfilling and enriched life

Our relationship with money... is a lot like our friends. How so? Well, listen on and you’ll find out.

UIDAI warns people not to share Aadhaar number after TRAI chief's challenge

INDIA

UIDAI warns people not to share Aadhaar number after TRAI chief's challenge

The authority has warned that people "indulging in such acts or abetting or inciting others to do so" are liable for prosecution

England vs India: 3 big talking points ahead of blockbuster Test series

CRICKET

England vs India: 3 big talking points ahead of blockbuster Test series

The first of the five-match Test series starts on Wednesday at Edgbaston.

US accords India trade status equal to that of NATO allies ahead of bilateral talks

BUSINESS

US accords India trade status equal to that of NATO allies ahead of bilateral talks

This move will improve India-US bilateral defence trade, and will allow India to buy more advanced and sensitive technologies from the US

Congress-Left alliance in the works for 2019 Lok Sabha polls?

POLITICS

Congress-Left alliance in the works for 2019 Lok Sabha polls?

The CPI(M) has not declared its intentions so far as deliberations on the party’s strategy is expected to begin in September.

Jabong sells 2 million products in Big Brand Sale, up 150% on year

BUSINESS

Jabong sells 2 million products in Big Brand Sale, up 150% on year

Around 8 lakh users had wishlisted their products ahead of the sale and 1 lakh customers shopped during the VIP hours from 7-11 pm on July 26

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