BUSINESS
Buy Filatex India, target Rs 239: Shitij Gandhi
Traders can accumulate the stock in a range of Rs 211-215 for the upside target of Rs 239 levels with a stop loss below Rs 195, says Shitij Gandhi of SMC Global Securities.
WORLD
Wimbledon 2018: IBM’s AI will analyse emotions to create instant highlights
FIFA World Cup 2018 is also using this technology but under a different name, the Highlight Machine
BUSINESS
HPCL, BPCL, IOC fall 6-8% after Brent crude oil prices spike over $77/bbl
Concerns like supply disruptions in Libya and Canada, US officials statement saying all countries should stop Iranian crude imports from November pushed crude oil prices higher.
BUSINESS
Container Corp down 2%; Nomura maintains neutral with target of Rs 711
According to Nomura, the improving rail market share and reversal of GST tax differential are the key upside risks.
BUSINESS
Accumulate Greaves Cotton, target Rs 153: Shitij Gandhi
Traders can accumulate the stock in a range of Rs 136-140 for the upside target of Rs 153 with a stop loss below Rs 128, says Shitij Gandhi of SMC Global Securities.
BUSINESS
Buy Muthoot Finance, target Rs 1145: Shitij Gandhi
Traders can accumulate the stock in a range of Rs 1,020-1,050 for the target of Rs 1,145 and a stop loss below Rs 945, says Shitij Gandhi of SMC Global Securities.
BUSINESS
As a standalone company, Instagram estimated to be worth over $100 billion: Report
The app reached 1 billion users last week after it launched IGTV, an app to support long-form videos
BUSINESS
Hexaware, Mphasis, HCL Technologies, Tech Mahindra to get astrological support: Satish Gupta
Hexaware Technologies, Mphasis, HCL Technologies and Tech Mahindra will get astrological support, says Satish Gupta of astrostocktips.
BUSINESS
Motilal tips this industry to create high value, lists 5 potential winners
India’s plastics industry is one of the biggest in the world. Industry volumes are estimated at 16MMTPA (in FY17), with market size at Rs 1.8 lakh crore.
BUSINESS
IT stocks rally smartly as rupee hits 19-month low of 68.53 to the dollar
These software companies earned major revenues through exports, so the weaker rupee is always favourable for them.
SPORTS-TRENDS
FIFA World Cup 2018: 'Possessed' Maradona's antics in Argentina's victory leaves many talking on Twitter
The one moment that caught everyone's attention was him standing with his hands wide open, looking up to the sky - feeling almost like God. For this Twitter called him possessed.
BUSINESS
NCLT admits SBI's insolvency petition against Uttam Galva Steel subsidiary: Report
The subsidiaries of Uttam Galva Steels — Uttam Value Steel and Uttam Galva Metallics — owe banks Rs 3,200 crore and Rs 2,200 crore respectively
BUSINESS
Fortis Healthcare trading 8% off-day's low; Co widens Q4 net loss at Rs 932cr
Revenues from operations or total income declined 4.69 percent to Rs 1,105.09 crore in Q4FY18, compared to last year's Rs 1,159.5 crore.
BUSINESS
Bodal Chemicals down 3%; increases stake in Trion Chemicals
Bodal Chemicals has acquired 29,86,095 equity shares at face value of Rs 10.
BUSINESS
IndusInd Bank hits record high after acquisition of IL&FS Securities Services
The bank acquired securities business for an undisclosed amount.
BUSINESS
Gallantt Ispat gains 2% as company to consider stock split on June 29
The company's board meeting will be held on June 29 to decide and approve sub-division (split) of equity shares of face value of Rs 10 each which subject to the approval of the members of the company.
BUSINESS
PNB Housing Finance gains over 1% after it announced fundraising plan of Rs 10,000 crore
The board of directors of the company in a meeting approved the proposal of raising of funds by way of public issue of secured and /or unsecured non-convertible debentures for an amount up to Rs 10,000 crore, PNB Housing Finance said in a regulatory filing.
BUSINESS
India Cements among top buys that could give 8-18% return
As per the options data, immediate support is seen around 10,700 and 10,600 whereas 10,800 and 11,000 will act as a hurdle before June expiry, says Abhishek Mondal of Guiness Securities
BUSINESS
A fall below 10,700 could trigger a correction; 3 stocks which could return up to 11%
The volatility index is trading at the lower end of the range indicating indecisiveness among the bulls and the bears, says Aditya Agarwala of YES Securities
BUSINESS
Indian rupee opens at 68.43 per dollar; down 19 paise
Utilise downsides in the pair to initiate long positions, says ICICIdirect.
BUSINESS
Closing Bell: Banks, oil, infra stocks drag Sensex 273 pts; Nifty ends below 10,700 ahead of F&O expiry
Asian shares traded mixed amid trade concerns.
BUSINESS
ITC seeks shareholders’ nod to extend YC Deveshwar’s term
Deveshwar’s term is to end in February 2020
BUSINESS
Top buy & sell ideas by Ashwani Gujral, Sudarshan Sukhani & Prakash Gaba for short term
Prakash Gaba of prakashgaba.com suggests buying Asian Paints with target at Rs 1300 and stop loss at Rs 1263 and Dewan Housing Finance with target at Rs 660 and stop loss at Rs 635.
BUSINESS
Markets@Moneycontrol: Nifty likely to open flat; 3 stocks which could give 12-13% return
Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 17.5 points or 0.16 percent. Nifty futures were trading around 10,743-level on the Singaporean Exchange.
