BUSINESS
InterGlobe Aviation hits fresh 52-week low post Q1 results; JPMorgan downgrades to neutral
The global brokerage firm, JP Morgan downgraded the stock to neutral from overweight post Q1 results and has also slashed its target price to Rs 900 from Rs 1,150 earlier.
BUSINESS
Idea Cellular declines 5% as CLSA downgrades to sell, cut target to Rs 51
The broking house CLSA has downgraded Idea Cellular to sell from buy and cut target to Rs 51 from Rs 70 per share.
BUSINESS
3 stocks below Rs 1,000 that could return 6-10%, buy on dips
Jayant Manglik of Religare Broking advises investors to adopt a ‘buy on dips’ approach and wait for 11,500 on the Nifty
BUSINESS
Indian rupee opens marginally lower at 68.70 per dollar
We expect the USD-INR to meet supply pressure at higher levels, says ICICIdirect.
BUSINESS
Markets@Moneycontrol: Nifty likely to open flat; 3 stocks which could give 11-17% return
Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 4.5 points or 0.04 percent. Nifty futures were trading around 11,339- level on the Singaporean Exchange.
BUSINESS
Top buy & sell ideas by Ashwani Gujral, Sudarshan Sukhani, Mitessh Thakkar for short term
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy IDFC Bank with a stop loss of Rs 39.8 and target of Rs 44 and sell Infosys with a stop loss of Rs 1363.5 and target of Rs 1320.
BUSINESS
Podcast | Stock Picks of the Day: 3 largecaps that could return 11-17%
Oscillators are showing strength in the current market upswing. The Nifty is currently placed above all important moving average parameters indicating a bullish trend on all timeframes.
BUSINESS
Buy or sell: Top stock trading ideas by market experts which are good short term bets
Rajesh Agarwal of AUM Capital recommends buying Axis Bank with stop loss at Rs 558 and target of Rs 585, BEML with stop loss at Rs 880 and target of Rs 918 and Chennai Petroleum Corporation with stop loss at Rs 303 and target of Rs 334.
BUSINESS
Stocks in the news: Tata Motors, HDFC Bank, Axis Bank, Idea, Oberoi Realty, Dabur, NHPC
Tata Motors | HDFC Bank | Axis Bank | Idea | Oberoi Realty and Dabur are stocks, which are in news today.
BUSINESS
News highlights: Vijay Mallya granted bail, next hearing in extradition case on September 12
This blog will keep track of breaking news and important developments through the day.
BUSINESS
A morning walk down Dalal Street: Stay cautious & avoid entering fresh positions
Analysts advise investors to remain cautious at the current juncture and would not advocate entering fresh positions at this point.
BUSINESS
RS Sharma Aadhaar tweet row intensifies, daughter gets threatening email
Apart from the fact that sharing the Aadhaar number, even your own, is not allowed under the Aadhaar Act, Sharma's tweet was seen as problematic on several levels
POLITICS
DMK leaders urge supporters to maintain calm over Karunanidhi's health
Chief Minister EK Palaniswami, and Deputy CM O Panneerselvam, visited the DMK chief in hospital on Monday and said he is recovering
BUSINESS
HDFC Bank board approves fund raising of up to Rs 15,500 crore via QIP, ADR
This will be one of the biggest QIP since the one done by SBI to raise Rs 15,000 crore in June 2017.
BUSINESS
Harley-Davidson to fight in India with smaller engine bikes
The development of this 250-500cc bike will be done through a strategic alliance for customer access and growth in India
BUSINESS
Over 40% of job vacancies at tech companies are for non-tech roles: Report
The average pay for employees in technical roles ranges from $80,000 to $120,000 a year, while that for employees in non-technical roles ranges between $50,000 and $90,000
BUSINESS
IDFC Bank Q1 profit dips 58.5% to Rs 181 crore on jump in provisions
The profits were dragged by a substantial dip in other income and jump in provisions towards bad loans.
BUSINESS
South Korean government may cut tax sops for crypto exchanges
The government justified this move by saying that cryptocurrency brokerage is not effective in generating added value
POLITICS
West Bengal government mulls anti-witch hunting law
The state govt is also planning a scheme for rehabilitation of victims of witch-hunting and conducting awareness programme on superstitions in tribal areas.
BUSINESS
Vedanta Q1 preview: Net profit may see a dip of 6%
The poll of six analysts estimated revenue at Rs 20,318, up 11 percent from the first quarter a year ago.
BUSINESS
Sanjeev Gupta's GFG Alliance ropes in MS Mehta to head India business
A 36-year industry veteran, Mehta is a former veteran at Vedanta Resources and most recently was the chief executive at Reliance Infrastructure,
BUSINESS
D-Mart operator, Avenue Supermarts, posts 43% rise in Q1 net profit to Rs 250 crore
The company’s revenues grew 27 percent at Rs 4,559.4 crore against Rs 3,598.1 crore, year on year.
BUSINESS
Podcast | Digging Deeper with Moneycontrol- India caught in the crosshairs of Trump's trade war against Iran
Will India make a categorical statement to indicate its resistance to the US's strong arm tactics, is up in the air but there are many narratives within this one story.
BUSINESS
IndiGo operator InterGlobe posts 97% fall in Q1 profit on higher fuel prices, forex impact
InterGlobe's profit for the quarter declined to Rs 27.8 crore from Rs 811.1 crore in June quarter 2017.
