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
BUSINESS
ICICI Bank considering management reshuffle, Sandeep Bakhshi could be interim chief: Report
A formal announcement might be made this week.
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.
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
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.
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.
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
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.
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
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.
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.
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.
BUSINESS
Stock market prediction for June 18-22: Satish Gupta
Lupin, Ajanta Pharma, Alembic Pharma, Glenmark Pharma, Aurobindo Pharma and Sun Pharmaceutical Industries will get astrological support, says Satish Gupta of astrostocktips.
BUSINESS
Buy or sell: Top stock trading ideas by market experts which are good short term bets
Rajesh Agarwal of AUM Capital recommends buying Delta Corp with stop loss at Rs 237 and target of Rs 257, Infosys with stop loss at Rs 1255 and target of Rs 1309 and UPL with stop loss at Rs 685 and target of Rs 719.
BUSINESS
News highlights: Mallya diverted loan funds to F1, IPL and for private jet sorties, says ED charge sheet
This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.
SPORTS-TRENDS
In pics! FIFA World Cup 2018: Brazil vs Switzerland as it happened
Catch a glimpse of all the action from the Group E encounter between Brazil and Switzerland at the Rostov Arena.
BUSINESS
Stocks in the news: DRL, NBCC, JSPL, NTPC, Container Corp, Ujjivan, Andhra Bank, PNC Infra
Dr Reddy's Labs| NBCC| JSPL| NTPC| Container Corp| Ujjivan| Andhra Bank| PNC Infra are the stocks which are in news today.
SPORTS-TRENDS
BRA vs SUI FIFA World Cup 2018 Highlights: Brazil shut out by resolute Swiss defending
Catch all the highlights from the group E encounter of the 2018 FIFA World Cup between Brazil and Switzerland at the Rostov Arena.
SPORTS-TRENDS
GER vs MEX FIFA World Cup 2018 Highlights: Mexico stun World Champions Germany
Catch all the highlights from the group F encounter of the 2018 FIFA World Cup between Germany and Mexico at the Luzhniki Stadium, Moscow.
WORLD
News in Pics: Your daily dose of pictures from around the world
Moneycontrol brings to you select pictures that are making headlines across the globe…
SPORTS-TRENDS
In pics: FIFA investigates empty seats despite near sell-out
FIFA is probing why the official attendance was 27,015 while around 32,278 tickets were sold for the Egypt vs Uruguay match.
TRENDS
FIFA World Cup 2018: Calling English, Hindi commentary 'tame', Anand Mahindra switches to Malayalam feed
Mahindra said he would switch to the channel with Malayalam commentary, reacting to a viral video from the Portugal vs Spain match in which he said the commentators were “pumped up”.
BUSINESS
Bond markets version 008! What is it telling about future interest rates?
The beauty of fixed income investing is that it has investment solutions suited to most macroeconomic cycles. Interest rates and bond prices have an inverse correlation i.e. as yields head lower, bond prices increase and vice versa.
BUSINESS
Economic cues to watch out for this week; these 3 stocks may return up to 44%
Sumit Bilgaiyan of Equity99 said the key factors such as rupee's movements against the US dollar and fluctuations in crude oil prices as well as developments on monsoon's progress will impact investors' risk-taking appetite.
