BUSINESS
Quality midcaps to bottom out in 30-40 days, look at ancillary pharma names too: Kotak MF
Shah recommends looking at ancillary pharmaceutical names such as hospitals or pathology names.
WORLD
Indian-American woman to become CFO of US carmaker General Motors
An Indian-American woman, Dhivya Suryadevara has been named the Chief Finance Officer of the US' largest automaker, General Motors
INDIA
Delhi air quality worsens: Here's how to check air quality in your area
The Central Pollution Control Board and the Delhi Pollution Control Committee runs a number of stations to monitor pollution levels in the capital and across India
BUSINESS
Buy Camlin Fine Sciences, target Rs 112: Achin Goel
Traders can accumulate the stock in the range of Rs 90-92 for the target of Rs 112 and a stop loss below Rs 84, says Achin Goel of Bonanza Portfolio.
INDIA
Now, absconding NRI husbands may face passport revocation, asset loss
A group of ministers has shortlisted possible measures that will act as a deterrent and also help deliver justice to wives in distress
BUSINESS
Buy Lupin, target Rs 954: Achin Goel
Traders can accumulate the stock in the range of Rs 860-868 for the target of Rs 954 and a stop loss below Rs 824, says Achin Goel of Bonanza Portfolio.
BUSINESS
Alembic Pharmaceuticals surges 8% on USFDA nod
The approved ANDA is therapeutically equivalent to the reference listed drug product (RLD), Vibramycin Capsules, 50 mg and 100 mg, of Pfizer Inc.
INDIA
Two men lynched by villagers in Jharkhand on suspicion of cattle theft
Four people have been arrested in connection with the incident
BUSINESS
Buy Titan Company, target Rs 1010: Achin Goel
Traders can accumulate the stock in the range of Rs 910-916 for the target of Rs 1,010 with a stop loss below Rs 870, says Achin Goel of Bonanza Portfolio.
BUSINESS
Buy Reliance Capital, target Rs 471: Achin Goel
Traders can accumulate the stock in the range of Rs 420-425 for the target of Rs 471 and a stop loss below Rs 403, says Achin Goel of Bonanza Portfolio.
BUSINESS
Buy Parag Milk, target Rs 392: Achin Goel
Traders can accumulate the stock in the range of Rs 345-350 for the target of Rs 392 and a stop loss below Rs 329, says Achin Goel of Bonanza Portfolio.
BUSINESS
2,000 Indian work permit applications pending after downswing in India-Maldives ties
Around 29,000 Indians live and work in the Maldives
BUSINESS
Cipla gains 2% on USFDA approval for generic Isuprel
The company has received final approval for its abbreviated new drug application (ANDA) for Isoproterenol hydrochloride injection USP, 0.2mg/mL, single - use sterile Ampoule from the United States Food and Drug Administration (USFDA).
BUSINESS
Historically midcaps have not corrected more than 20-30%; stagger investments
"We believe that the broader market will undergo time wise base formation, which, in turn, will create a launch pad for the next leg of the upside," says Dharmesh Shah of ICICIdirect.
BUSINESS
Infosys falls more than 2% as stock adjusts for dividend
Infosys, on April 13, had recommended a final dividend of Rs 20.50 per equity share for the financial year ended March 31, 2018 and special dividend of Rs 10 per share.
BUSINESS
Praying outside temple will not reach the god, says the richest temple in Karnataka
The temple is said to be the richest in Karnataka with Rs 96 crore annual income. Sevas done in the temple forms the largest chunk of its revenue
BUSINESS
Samsung Galaxy Note 9 likely to feature 4000 mAh battery, wireless charging
Samsung introduced fast wireless charging with the Galaxy Note 5 and Galaxy S6 edge+, both of which had a 3,000 mAh battery.
TRENDS
Chemistry topper arrested as DRI seizes drugs worth Rs 27 crore in Mumbai
DRI’s Mumbai unit received a specific tip-off and raided a flat in Oberoi Splendor at Jogeshwari, Mumbai, on June 11, 2018, and confiscated 33 kilograms of brown powder, suspected to be Ketamine.
BUSINESS
Adani Transmission rises 3% on LoI for transmission project in Uttar Pradesh
The company has received the LoI from REC Transmission Projects Company, a wholly owned subsidiary of Rural Electrification Corporation, to build, own, operate and maintain the transmission project in the state of Uttar Pradesh.
BUSINESS
Dish TV shares gain over 3% after Rakesh Jhunjhunwala picks up stake worth Rs 93 cr
Rakesh Jhunjhunwala picked up a 0.7 percent stake, or 1.3 crore shares, in the digital-to-home provider.
BUSINESS
Podcast | Stock Picks of the Day: 5 buy ideas that could return 10-22%
“The trend is expected to remain positive till Nifty holds above its recent lowest closing point which is pegged at 10,767,” says Achin Goel of Bonanza Portfolio
BUSINESS
HDFC Bank gains post Cabinet nod to raise Rs 24,000 crore
This is including the premium, over and above the previous approved limit of Rs 10,000 crore, such that the composite foreign shareholding in the bank shall not exceed 74 percent of the enhanced paid-up equity share capital of the bank, said Finance Minister Piyush Goyal after the Cabinet meeting, which was chaired by Prime Minister Narendra Modi.
BUSINESS
ICICI Bank down 1% on likely stake sale in insurance arm
The board of directors of the bank approved the sale of up to 2,87,11,100 shares of ICICI Prudential Life Insurance Company.
BUSINESS
Buy or sell: Top stock trading ideas by market experts which are good short term bets
Mitessh Thakkar of mitesshthakkar.com recommends buying Page industries with a stop loss of Rs 24900 and target of Rs 27000 and Marico around Rs 335 with stop loss of Rs 327 and target of Rs 351.
