BUSINESS
Buy Motherson Sumi, target Rs 342: Hadrien Mendonca
Every long position should be protected with a stop loss at Rs 294 levels on closing basis.
BUSINESS
Kwality to take on Kellogg’s in the Rs 2,500-cr Indian cereals market
A second manufacturing unit is expected to be completed by 2021 and Kwality grow in the northern and western Indian markets
BUSINESS
Buy State Bank of India for target of Rs 315: Hadrien Mendonca
We believe the stock has a potential of moving higher towards its potential target of Rs 315 in the medium-term.
BUSINESS
Buy Pfizer with target Rs 2880, says Hadrien Mendonca
We expect the stock to make a steady move higher towards its potential target of Rs 2880 levels in the medium term.
BUSINESS
CSE study finds large-scale illegal sale of genetically-modified processed food in India
According to the the regulator, any food that has 5 percent or more of GM ingredients, should be labelled as such
BUSINESS
Radico Khaitan, UBL, Pioneer Distilleries to get astrological support: Satish Gupta
McDowell Holdings, Radico Khaitan, UBL, Pioneer Distilleries & Associated Alcohol, says Satish Gupta of astrostocktips.
BUSINESS
FMCG likely to post strong earnings but dark clouds still not dissipated over banks: HSBC Global
Tushar Pradhan of HSBC Global AM said the economy is likely to pick up, so probably it is a good way to stay invested in the market.
BUSINESS
D-Street Buzz: Nifty PSU bank gains over 2%; Hindalco up 7%, midcap, smallcap up 0.5%
ITC is one of the very few stocks that hit fresh 52-week high in the morning trade.
BUSINESS
Govt mulls giving PF subscribers choice of investment pattern: Report
Subscribers can choose between government securities, equity investments, debt instruments, money market instruments and infrastructure investment trusts
BUSINESS
ITC overtakes HUL in market cap, soars 7% as brokerages remain bullish after good FY19 start
ITC (Rs 3.72 lakh crore) has overtaken Hindustan Unliever (Rs 3.6 lakh crore) in market capitalsation and became the fourth most valued company at Dalal Street after TCS, Reliance Industries and HDFC Bank.
BUSINESS
Starbucks to open outlets in Indian cities with less than 50 lakh population
The move is a part of the coffeehouse chain’s long-term plan of making India one of its top five markets in terms of number of stores
BUSINESS
Nifty likely to head towards 11,400; 3 stocks that could return 4-12% in 6 months
The bullish breakout above 10,930 has resulted in a conclusion of a five-month-long triangular pattern, signalling fresh upsides in coming weeks for Nifty
BUSINESS
Biocon gains 7% on robust Q1 nos; beat analysts’ estimates
The profit was also helped by a low base in Q1FY18 due to supply chain disruption caused by GST rollout.
BUSINESS
Colgate down over 1% after June quarter show; Credit Suisse cuts target price
The reported a 39 percent (year on year) rise in net profit for the June quarter at Rs 189.51 crore.
BUSINESS
SBI, PNB, BoB may introduce performance-linked salary model for senior executives
While this is a first-of-its-kind move among PSBs, many private banks have already introduced a variable component in their salary structure
BUSINESS
Hindalco surges 7% post Aleris acquisition by Novelis; Jefferies retains buy
The company's wholly owned subsidiary, Novelis Inc, sign a definitive agreement to purchase Aleris Corporation for USD 2.58 billion.
BUSINESS
Indian Oil opposes GAIL's unified tariff pitch for gas transmission: Report
BP and Shell, however, supported the idea of a unified tariff, saying it will help develop the market and raise the share of gas in India’s energy basket
BUSINESS
Indian rupee opens flat at 68.65 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 7-10% return
Trends on SGX Nifty indicate a positive opening for the broader index in India, a gain of 26.5 points, or 0.25 percent. Nifty futures were trading around 10,447.50 on the Singaporean Exchange.
BUSINESS
Buy or sell: Top stock trading ideas by market experts which are good short term bets
Hadrien Mendonca of IIFL suggests buying SBI with a target Rs 315.
BUSINESS
Top buy & sell ideas by Ashwani Gujral, Mitessh Thakkar, Prakash Gaba for short term
Prakash Gaba of prakashgaba.com advises buying Allahabad Bank with a target Rs 48.
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
Stocks in the news: RIL, ICICI Bank, ITC, Bharti Airtel, Hindalco, Adani Ports, Thermax
Reliance Industries | ICICI Bank | Bank of Baroda | ITC | Bharti Airtel | Hindalco | Adani Ports and Thermax are stocks, which are in the news today.
WORLD
HC orders social media platforms to delete all posts that suggest 'Kurkure is made of plastic'
PepsiCo, has secures an interim order from the Delhi High Court which asks social media platforms to block "defamatory" posts about the snack.
