BUSINESS
Global brokerages see another rate hike in 2018; ICICI Bank, IndusInd Bank among top buy ideas
The RBI's Monetary Policy Committee hiked the key rate for the first time in over four years by 0.25 percent to curb inflationary pressures from high oil prices.
TECHNOLOGY
Unihertz brings a tiny compact smartphone Atom with a fingerprint scanner
Unihertz Atom is a tiny phone that comes with a 2.45-inch display and operates on Android Oreo.
INDIA
CBI files case against National Defence Academy principal, conducts raids in Pune
Charges have been filed due to alleged irregularities in the appointment of 13 ineligible teaching staff members
BUSINESS
Buy Apollo Tyres, target Rs 300: Achin Goel
Traders can accumulate the stock in the range of Rs 270-272 for the target of Rs 300 with a stop loss below Rs 258.
BUSINESS
Buy Arvind, target Rs 434: Achin Goel
Traders can accumulate the stock in the range of Rs 390-395 for the target of Rs 434 and a stop loss below Rs 369.
BUSINESS
India shows improvement in maternal mortality ratio, decline most significant in backward states: Report
Maternal mortality ratio (MMR) provides a measure of the quality of safe deliveries and maternal care
BUSINESS
Pay day: 200 Tata Motors employees to get ESOPs after a turnaround year
ESOPs will be granted in the second quarter of this year, followed by first quarter of every year starting FY21.
BUSINESS
Accumulate Federal Bank, target Rs 93: Achin Goel
Traders can accumulate the stock in the range of Rs 81-83 for the target of Rs 93 and a stop loss below Rs 78.
BUSINESS
Accumulate Bharat Electronics, target Rs 130: Achin Goel
Traders can accumulate the stock in the range of Rs 114-116 for the target of Rs 130 and a stop loss below Rs 109.
WORLD
Indian-American ISIS backer booked for five years for lying in attempt to join US Army
Shivam Patel, an Indian-American who was raised a Hindu and later converted to Islam, told an undercover FBI employee that he wanted to commit jihad.
INDIA
Fuel prices today: Check latest petrol, diesel prices after a dip for ninth consecutive day
After the nine-paise cut on Thursday, petrol prices have now dropped to Rs 77.63 per litre from Rs 77.72 per litre on Wednesday
POLITICS
Pranab Mukherjee’s daughter forewarns him ahead of RSS meet
P Chidambaram advised Pranab Mukherjee to use this opportunity to point out what was wrong with the RSS ideology
BUSINESS
Buy ACC, target Rs 1450: Achin Goel
Traders can accumulate the stock in the range of Rs 1,310-1,316 for the target of Rs 1,450 and a stop loss below Rs 1,249.
BUSINESS
PVR gains 2% on launching new multiplex in Tamil Nadu
With this launch, the company now operates the largest multiplex network with 630 screens at 135 properties in 52 cities.
BUSINESS
NCC, IRB Infra, NBCC, HCC to get astrological support: Satish Gupta
NCC, IRB Infra, NBCC and HCC will get astrological support, says Satish Gupta of astrostocktips.
BUSINESS
Nifty to face resistance at 10,770; 5 stocks that could return 10-12% in the short term
On the daily chart, the index seems to have found support at the lower band of the rising wedge which led to a 100 points rally. The trend looks positive as the Nifty managed to float above its 50-day exponential moving average (EMA).
BUSINESS
If MSP hike impacts inflation materially, we could see another 25 bps hike by RBI
MPC has revised the inflation projection for FY2019 to 4.77 percent from 4.65 percent in April policy
BUSINESS
Looking for medium term buys? 3 stocks which could give 8-23% return in 3-6 months
Structurally, we believe the Nifty would continue with ongoing healthy consolidation near the 50 percent retracement area of the last leg of the up move (9,952–10,929), around 10,450 and forming a higher base formation
INDIA
Mumbai airport handles 1,003 flights in a day, breaks own record
The spike in the number of flights was due to carry-over from Monday
BUSINESS
Kwality to consider buyback/bonus on June 20, stock at 52-week low
The board also consider the recommendation of interim dividend
BUSINESS
Farmers' strike to intensify from today: Groups to block milk, vegetable supplies to cities
The groups have identified 35 locations across state highways where protests will be held
BUSINESS
Videocon locked at 5% lower circuit on buzz of insolvency proceedings against co
The National Company Law Tribunal (NCLT) has admitted the case of Videocon Industries for insolvency proceedings, according to a CNBC-TV 18 report.
POLITICS
Akhilesh dares BJP to hold simultaneous elections in UP in 2019
"We have no problems with 'one nation one election'. I ask them (BJP) to implement it from 2019 itself and hold UP Assembly and Lok Sabha elections together," he told a press conference
BUSINESS
Expect Nifty to pullback to 10,760; buy Hindalco for the short term
“Bank Nifty is likely to see selling pressure on a rise around 26,600 ahead of its weekly expiry,” says Jaydeb Dey of Stewart & Mackertich Wealth Management
