BUSINESS
D-Street Buzz: Ambuja Cements up 7%, midcap outperform; PSU bank index up 4.5% led by SBI, BoB
ICICI Bank, SBI, HDFC Bank, Eicher Motors and ITC are the positive contributors to the Nifty.
BUSINESS
India best economy among EMs in the long term; bullish on Jubilant, Havells: Dipen Sheth
In the midcap space or broader space, Dipen Sheth of HDFC Securities maintained his views that one has to be choosy and look for quality stocks.
BUSINESS
Ambuja Cements gains 7% on strong Q2 nos; CLSA maintains buy with target Rs 300
The company's Q2 standalone profit rose 27.3 percent to Rs 499 crore versus Rs 329.3 crore, YoY.
BUSINESS
Over 400 cases pending with SAT due to lack of members: Report
Industry experts also warned that there could be a further delay in appointments because of the fast-approaching 2019 Lok Sabha election
BUSINESS
HDFC, Shriram Transport, Bajaj Finance to get astrological support: Satish Gupta
Shriram Transport, Cholamandlum Investment, Bajaj Finance, Bajaj Finserv & HDFC will get astrological support, says Satish Gupta of astrostocktips.
BUSINESS
Market at record highs: Bull run to continue, experts see Nifty at 12K by end of 2018
All experts agree that India is now in a bull market phase and that a person with a five-year view should not be worried about investing in stocks
BUSINESS
Here are some important changes in ITR filing process that you should not ignore as you file your returns
If you wait till the last minute to file your returns, you may commit mistakes in a hurry and will have to file a revised return. There are several amendments for the AY19. To be on the right side of the norms, take a look at some important changes to ensure an error-free filing well within the July 31 deadline
BUSINESS
Biocon Q1 preview: Net profit seen rising 44% on last year's low base
The company's performance in the June quarter is also expected to augmented by the performance of its biologics, branded formulations and research services segments
BUSINESS
Dr Reddy’s gains over 1% ahead of June quarter results announcement
The drug maker is likely to report a four-fold jump in the first quarter of FY19, led by low base of previous year, when sales were affected by the GST rollout.
BUSINESS
D-Street Buzz: PSU bank index up over 2% led by Canara Bank; metal, IT down
The Nifty PSU bank index rose more than 2 percent led by Canara Bank up 4 percent, SBI up 2 percent, PNB, Syndicate Bank, Bank of India, Bank of Baroda are other gainers.
BUSINESS
ITC gains nearly 2% ahead of June quarter earnings
The company is likely to report a year-on-year rise of 8.96 percent in its net profit for the June quarter to Rs 2,790 crore, according to an average of 13 brokerages' estimates compiled by Reuters.
BUSINESS
Anil Agarwal plans to raise up to $1.1 billion from foreign banks: Report
Agarwal will use the funds to buy outstanding stock of Vedanta Resources Plc from public shareholders on London Stock Exchange
BUSINESS
Canara Bank jumps 5% after solid Q1 results; Kotak Securities maintains add with target Rs 300
During the quarter, NII -- the difference between interest earned on loans and that paid on deposits jumped 43 percent YoY to Rs 3,882.9 crore from Rs 2,713 crore in the June quarter last year.
BUSINESS
NCLT rejects Jyoti Structures' resolution plan, directs liquidation
Jyoti Structures owes around Rs 7,500 crore to lenders including State Bank of India (SBI), ICICI Bank, Bank of India (BoI) and IDBI Bank.
BUSINESS
L&T rises 2% on strong Q1 nos; brokerages maintain buy with target Rs 1,620
Revenue for the quarter grew 17.9 percent YoY to Rs 28,283 crore in Q1FY19 from Rs 23,989 crore YoY.
BUSINESS
US regulator intensifies probe into ICICI Bank: Report
The US regulator has asked for the bank’s accounting practices especially related to the loans given between 2010 and 2016.
BUSINESS
Closing Bell: Sensex and Nifty end at record closing high; Nifty PSU bank up 5%
The 50-share index managed to scale a fresh record high of 11,185.85, surpassing the previous levels of 11,171 that was recorded earlier this year. There was some last hour volatility and weakness ahead of F&O expiry, but PSU banks’ strength ensured that it managed to clock fresh record highs on both indices.
BUSINESS
Indian rupee opens higher at 68.71 per dollar
Today, USD-INR pair is expected to quote in the range of 68.80 and 69.20, says Motilal Oswal.
BUSINESS
Markets@Moneycontrol: Nifty likely to open higher; top 3 stocks which could give 8-10% return
Nifty Futures on the Singaporean exchanges were trading strong, with the index inching towards 11,200, pointing to a possible fresh record high.
BUSINESS
Top buy & sell ideas by Ashwani Gujral, Sudarshan Sukhani, Mitessh Thakkar for short term
Mitessh Thakkar of mitesshthakkar.com advises buying Repco Home Finance with a target Rs 655.
BUSINESS
Stocks in the news: ITC, Bharti Airtel, L&T, Hero MotoCorp, PNB, JSW Steel, Amtek Auto
ITC | Bharti Airtel | L&T | Hero MotoCorp | PNB and JSW Steel are stocks, which are in news today.
BUSINESS
What changed for the market while you were sleeping? 10 things to know
A list of important headlines from across news agencies that could help you with your trade today.
BUSINESS
A morning walk down Dalal Street: Nifty likely to be volatile ahead of F&O expiry
Once the key hurdle of 11171 gets taken out, the benchmark index can march towards 11450 in the short term.
BUSINESS
Facebook loses $120bn in market cap in after-hours trade following poor Q2 earnings
The magnitude of erosion was such that Facebook lost more than twice the market cap of Tesla
