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Global watchdog may put Pakistan in ‘Grey List’: Report

WORLD

Global watchdog may put Pakistan in ‘Grey List’: Report

Global money laundering watchdog Financial Action Taken Force (FATF) may include Pakistan in its 'grey list' for failing to control terrorism financing

Anandrathi expects 39% upside in L&T with a target of Rs 1,894

BUSINESS

Anandrathi expects 39% upside in L&T with a target of Rs 1,894

We believe Larsen & Toubro being one of the leaders with presence and capability to execute such big complex projects is better placed amongst its peers.

IndusInd bank to maintain stable asset quality over FY19-20, stock may give 14% return: Anandrathi

BUSINESS

IndusInd bank to maintain stable asset quality over FY19-20, stock may give 14% return: Anandrathi

We expect the bank to maintain stable asset quality over FY19-20, aided by its well-diversified loan mix.

Buy Emami with a target of Rs 1,250; higher input cost a risk: Anandrathi

BUSINESS

Buy Emami with a target of Rs 1,250; higher input cost a risk: Anandrathi

We maintain our buy call on the stock, with a revised target of Rs 1,250, assigning a 36x multiple on FY20e EPS.

PNC Infratech falls 5% after UP govt cancels company's bid for Purvanchal Expressway

BUSINESS

PNC Infratech falls 5% after UP govt cancels company's bid for Purvanchal Expressway

The UP government has decided to reinvite bids for Purvanchal Expressway.

Adani Wilmar could emerge as winning bidder for Ruchi Soya: Report

BUSINESS

Adani Wilmar could emerge as winning bidder for Ruchi Soya: Report

Patanjali had been given time to counter Adani Wilmar's bid for Ruchi Soya, but it reportedly hasn't raised its offer

Asus Zenfone Ares launched with 8GB RAM, AR, VR capabilities: Price and specs

BUSINESS

Asus Zenfone Ares launched with 8GB RAM, AR, VR capabilities: Price and specs

The phone features advanced augmented reality (AR) and virtual reality (VR) capabilities and has specifications akin to Asus ZenFone AR which was launched last year

Sell Gruh Finance, target Rs 309: Dinesh Rohira

BUSINESS

Sell Gruh Finance, target Rs 309: Dinesh Rohira

The scrip is facing a resistance at Rs 337 levels and crucial support from 100-days EMA is placed at Rs 305 levels. We have a sell recommendation for Infibeam which is currently trading at Rs 322.45, says Dinesh Rohira of 5nance.com.

Buy Hindustan National Glass & Industries, target Rs 113: Dinesh Rohira

BUSINESS

Buy Hindustan National Glass & Industries, target Rs 113: Dinesh Rohira

We have a buy recommendation for Hindustan Nat Glass which is currently trading at Rs 104.90 for target of Rs 113, says Dinesh Rohira of 5nance.com.

5G rollout in India: Panel advises early release of spectrum for R&D

BUSINESS

5G rollout in India: Panel advises early release of spectrum for R&D

The 5G network is expected to be significantly faster and more reliable than 4G

Sharp correction in mid & smallcap stocks may be a good reason to bet on them. Here's why

BUSINESS

Sharp correction in mid & smallcap stocks may be a good reason to bet on them. Here's why

S Krishnakumar believes that there is chance to make a lot of money when there is fear among investors. Valuations have drained out and earnings trajectory looks better, he said.

Deploy bear put spread on Bank Nifty in June series

BUSINESS

Deploy bear put spread on Bank Nifty in June series

"Considering slowdown in momentum, Bank Nifty may see further pressure emerging in the second half of expiry," says Shubham Agarwal of Quantsapp Pvt

Rupee likely to head higher towards Rs 69/USD mark by the end of July ’18

BUSINESS

Rupee likely to head higher towards Rs 69/USD mark by the end of July ’18

"Despite the recent recovery in USD/INR in the past one month from 67.77 to 67.64, the US Fed’s forecast to raise interest rates two more times eyeing strength in the economy is likely to add strength to the US dollar," says Prathamesh Mallya of Angel Broking

ICICI Bank considering management reshuffle, Sandeep Bakhshi could be interim chief: Report

BUSINESS

ICICI Bank considering management reshuffle, Sandeep Bakhshi could be interim chief: Report

A formal announcement might be made this week.

Vedanta, Dr Reddy’s fall even as Sensex undergoes rejig effective June 18, 2018

BUSINESS

Vedanta, Dr Reddy’s fall even as Sensex undergoes rejig effective June 18, 2018

Vedanta fell over 3.5 percent as weakness in global metal names weighed on sentiment in such stocks here too. Meanwhile, Dr Reddy’s Laboratories fell as investors saw risk in its right to launch Buprenorphine and Naloxone sublingual film in the US markets.

Express trains to undergo a makeover, 30,000 coaches will be repainted in brown and beige

BUSINESS

Express trains to undergo a makeover, 30,000 coaches will be repainted in brown and beige

The new colour scheme is already introduced with the Delhi-Pathankot Express

Adani Green Energy shares debut at Rs 30, down over 80%

BUSINESS

Adani Green Energy shares debut at Rs 30, down over 80%

The stock price has opened at Rs 30 while its previous close stood at Rs 151.45 on the exchange.

Oil retailers, aviation stocks rally up to 6% after Brent crude prices fall below $73/bbl

BUSINESS

Oil retailers, aviation stocks rally up to 6% after Brent crude prices fall below $73/bbl

Oil prices corrected nearly 11 percent from the $80.50 a barrel (the highest level since November 2014) touched on May 17.

CLSA & Motilal Oswal say TCS buyback tad lower than their expectations, EPS negative

BUSINESS

CLSA & Motilal Oswal say TCS buyback tad lower than their expectations, EPS negative

Post-announcement, CLSA has maintained its buy rating with a target price of Rs 1,850 per share

Buy Nava Bharat Ventures, target Rs 163: Dinesh Rohira

BUSINESS

Buy Nava Bharat Ventures, target Rs 163: Dinesh Rohira

We have a buy recommendation for Nava Bharat Ventures which is currently trading at Rs 145.60 for target of Rs 163, says Dinesh Rohira of 5nance.com.

Remain long on Nifty till 10,700 sustains; 3 buys that may return up to 17%

BUSINESS

Remain long on Nifty till 10,700 sustains; 3 buys that may return up to 17%

“We continue to remain positive on markets till it sustains above 10,700 levels,” says Vikas Jain of Reliance Securities

Closing Bell: Nifty ends tad below 10,800 amid trade war tensions; ICICI Bank zooms

BUSINESS

Closing Bell: Nifty ends tad below 10,800 amid trade war tensions; ICICI Bank zooms

Asian shares declined amid escalation in US-China trade tensions, as oil extended losses.

Top buy & sell ideas by Sudarshan Sukhani, Mitessh Thakkar, Prakash Gaba for short term

BUSINESS

Top buy & sell ideas by Sudarshan Sukhani, Mitessh Thakkar, Prakash Gaba for short term

Prakash Gaba of prakashgaba.com is of the view that one can buy Apollo Hospitals with target at Rs 1060 and stop loss at Rs 1020 and also buy Power Grid with target at Rs 205 and stop loss at Rs 198 while advises selling Indian Oil Corporation with target at Rs 163 and stop loss at Rs 170.

Markets@Moneycontrol: Nifty likely to open gap-down; 3 stocks which could give 4-12% return

BUSINESS

Markets@Moneycontrol: Nifty likely to open gap-down; 3 stocks which could give 4-12% return

Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 46.5 points or 0.43 percent. Nifty futures were trading around 10,779-level on the Singaporean Exchange.

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