BUSINESS
Fine Organics IPO subscribed over 8.5 times on Day 3 of issue
The issue received bids for 4.68 lakh shares against the issue size of 53.65 lakh crore shares, as of 4:45 PM on June 22, 2018.
BUSINESS
World hunger on the rise due to conflict, climate change; undernourished population up by 38mn: UN report
Number of hungry people in the world has risen for the first time in more than a decade,
BUSINESS
Thank God! India among top EMs that show no signs of major financial stress
On a nation-specific basis, Hong Kong tops the chart with around 52 signals in the past 12 quarters, while India, Korea, Hungary, and Poland were among the few nations that showed no signs of risk.
TRENDS
FIFA World Cup 2018: Here's how Argentina can still qualify after Croatia loss
As the table stands, Croatia leads Group D with six points from two games while Argentina has only managed one point from as many games. Nigeria and Iceland, who face off on June 22, have zero and one points respectively
BUSINESS
IDBI Bank stock rallies 5% on reports LIC may acquire significant minority stake
The insurance company will present the discussion for IDBI stake buy to board if okayed by the Investment & Strategy Committee.
INDIA
Aged 40 years plus? You may be eligible for Joint Secretary post in Modi govt. Here's how to apply
The government has launched an unconventional recruitment drive to hire "talented and motivated" Indians aged over 40 as joint secretaries. If you fulfil the criteria, here is how to apply for the job:
INDIA
One man's vulgarity is another man's lyric: Kerala HC refuses to declare magazine cover with breastfeeding woman as 'obscene'
"We looked at the picture with the same eyes we look at the paintings of artists like Raja Ravi Varma. As beauty lies in the beholder’s eye, so does obscenity, perhaps," the court said in its judgment
BUSINESS
Hotel Leela Venture stock loses 6% on default of quarterly interest payment
Total interest outstanding as on date is Rs 12.14 crore, and principal redemption amount outstanding as on date is Rs 45 crore, Hotel Leela said.
BUSINESS
What is the NSE co-location case?
Markets regulator SEBI has initiated enforcement actions against various entities in the NSE co-location case on June 21
BUSINESS
Podcast | Deep Dive – All you need to know about RBI's rates decisions
Repo rate is the rate at which the Reserve Bank lends money to commercial banks when there is a shortage of funds
BUSINESS
Saurabh Mukherjea suggests moving away from midcaps to derisk your portfolio
The other way to look at this approach would be to look at high quality companies and the ones with good track record revenue growth.
BUSINESS
Buy Colgate Palmolive, target Rs 1260: Aditya Agarwal
We recommend traders to add this stock in a range of Rs 1,170 to Rs 1,160 with a price target of Rs 1,260 and a stop loss placed at Rs 1,125, says Aditya Agarwal of Way2Wealth Brokers.
BUSINESS
Short Jindal Steel & Power, target Rs 205: Aditya Agarwal
We advise traders to short this counter at the current level of Rs 225 with a price target of Rs 205, says Aditya Agarwal of Way2Wealth Brokers.
BUSINESS
Sell Havells, target Rs 485: Aditya Agarwal
We recommend traders to go short in a range of Rs 537 to Rs 547 with a price target of Rs 485. Stop loss should be placed at Rs 579 on a closing basis, says Aditya Agarwal of Way2Wealth Brokers.
BUSINESS
Rupee to hit 70/dollar by H1 CY19 on rising trade deficit and political uncertainty
Higher crude oil price, however, does not necessarily imply a weaker INR unless it is accompanied by capital outflows (or weaker BoP).
WORLD
OPEC meeting in Vienna kickstarts today: Here's what you can expect
The biannual meeting of Organisation of Petroleum Exporting Countries (OPEC) in Vienna kickstarts on June 22 to decide a roadmap for their production output
POLITICS
Centre wants a ‘political person’ as next Jammu and Kashmir governor: Report
The Centre usually appoints a person with a civil service, military or police background as the state's governor
BUSINESS
Bloom Hotels emerges as top bidder at NDMC hotel auction
New Delhi Municipal Council (NDMC) held an e-auction today for the property. This is the second of the three properties to be auctioned by it.
BUSINESS
Capacite Infra stock turns flat after gaining 10% on Rs 4,357 cr order from MHADA unit
"The project will be executed through a Special purpose vehicle in which Capacit'e Infraprojects Limited will have 37.1 percent share worth Rs 4,357.12 crore," the building construction company.
BUSINESS
Nifty to trade in a 10,700-10,840 range; 3 stock strategies for next 15-20 sessions
The Nifty is trading in a range of 10,700 – 10,900 zones and due to such range bound activities daily Bollinger band has contracted further. Hence, we are likely to see a high volatility in coming trading sessions, says Aditya Agarwal of Way2Wealth Brokers.
BUSINESS
News highlights: Italy refuses to extradite middleman Carlos Gerosa in AgustaWestland case
This blog will keep track of breaking news and important developments through the day.
BUSINESS
Closing Bell: Sensex up 257 pts, Nifty ends above 10,800 but market breadth in favour of bears
Asian shares are trading mixed amid trade and economic concerns; OPEC meeting ahead.
BUSINESS
Top buy & sell ideas by Sudarshan Sukhani, Mitessh Thakkar, Prakash Gaba for short term
Prakash Gaba of prakashgaba.com advised selling Bajaj Auto with a target price of Rs 2,790 and stoploss at Rs 2,855.
BUSINESS
Markets@Moneycontrol: Nifty likely to open flat; 3 stocks which could give 8-9% return
Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 34.5 points or 0.32 percent. Nifty futures were trading around 10,698-level on the Singaporean Exchange.
