BUSINESS
HDFC available at attractive valuation, can see 20% upside: CLSA
CLSA has maintained Buy call on HDFC with a target price at Rs 2,200 per share, saying the housing finance company is among top picks in the sector.
INDIA
Tourism ministry might not put up Taj Mahal for 'adoption' soon: Report
The 'Adopt a Heritage' initiative was launched by the tourism ministry in September 2017. The plan invites corporates to take over maintenance and operations of monuments.
POLITICS
Shujaat Bukhari and jawan's deaths postpone decision on extending Ramzan ceasefire
The Centre had declared a conditional unilateral ceasefire in Jammu and Kashmir in order to facilitate peace-loving Muslims to observe Ramzan in a peaceful environment
BUSINESS
Avenue Supermarts down nearly 3%; Citi maintains sell with target Rs 1,255
According to Citi, DMart’s e-commerce still miniscule and investments could continue. It has maintained sell call with a target of Rs 1,255.
BUSINESS
UPL gains 3% after Deutsche Bank reiterates buy call with a target of Rs 890
The global investment bank is betting on cross currency movements being favourable for the company so far.
BUSINESS
Deutsche Bank attributes slowdown in realty stocks to new accounting standards
The brokerage house has a hold rating on DLF, while it has a buy call on Godrej Properties and Oberoi Realty.
BUSINESS
Kotak Institutional Equities bets on Sadbhav Eng, Dilip Buildcon
Brokerage house bets on the companies on the back of good track record of execution scale-up.
BUSINESS
Motilal Oswal AMC is betting on these 2 spaces, should you?
Manish Sonthalia of Motilal Oswal AMC cites regulatory approvals as well as reduction in price erosion in the US as reasons for the upmove in pharma stocks
BUSINESS
Alembic Pharma gains 7% on EIR from USFDA for formulation facility at Panelav
The inspection by USFDA was carried out at formulation facility during the period from March 12 to March 20, 2018.
POLITICS
CM Kejriwal’s wife calls LG Baijal 'insecure' after she was refused entry into Raj Niwas
Sunita Kejriwal had gone with Kejriwal’s mother and wives of Deputy CM Manish Sisodia and PWD minister Satyendra Jain to meet the AAP ministers who have been staging a sit-in at the LG’s residence
BUSINESS
Xiaomi Mijia's launches a new gimbal for smartphones in the Chinese market
The new gimbal can fit handsets up to 86 mm wide and 200 g in weight and can supply up to 5V/1.5A power to them from its 5,000 mAh battery.
BUSINESS
Prestige Estates stock rises 5% after CLSA retains Buy, sees 44% upside
CLSA sees large scale-up potential in residential & office business and likes company's platform-led strategy to growth.
BUSINESS
Transcorp Int’l locked in 5% upper circuit ahead of Board meet to consider bonus issue
The company’s Board will be meeting June 21, 2018 for the purpose of allotment of 6356549 Equity shares of the company as bonus shares at par in proportion of 1 (one) such new Equity share for every 4 (four) existing equity share, the company said in a filing to the exchanges.
BUSINESS
Dr Reddy’s Labs gains 3% on US FDA approval to anti-addiction drug
Buprenorphine and naloxone are used to treat adults with opioid addiction.
BUSINESS
Buy or sell: Top stock trading ideas by market experts which are good short term bets
Rajesh Agarwal of AUM Capital recommends buying Hexaware Technologies with stop loss at Rs 441 and target of Rs 459, Adani Enterprises with stop loss at Rs 128 and target of Rs 142 and Punjab National Bank with stop loss at Rs 89 and target of Rs 96.
BUSINESS
Closing Bell: Sensex recovers in late trade to end flat; TCS, Infosys lead
Asian markets are cautiously mixed ahead of expected US tariffs.
BUSINESS
Nervousness persist, Nifty may face resistance at 10,850 levels
“The Nifty ended the session with a Hanging Man candle, which implies that nervousness still persists” says Jaydeb Dey of Stewart & Mackertich Wealth Management
BUSINESS
Podcast | Stock Picks of the Day: 3 buy & sell ideas that could return 11-17%
"10,929 will act as strong resistance and only a weekly close above this level will negate the bearish candle. On the flip side, 10,710 will act as immediate support, followed by 10,620," says Aditya Agarwal of Way2Wealth Brokers.
BUSINESS
Markets@Moneycontrol: Nifty likely to open lower; 3 stocks which could give 11-17% return
Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 19.5 points or 0.18 percent. Nifty futures were trading around 10,795-level on the Singaporean Exchange.
WORLD
News highlights: PM Modi chairs high-level meeting on security situation in Kashmir
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.
BUSINESS
Stocks in the news: ICICI Bank, Maruti, Lupin, Wipro, TNPL, Blue Star, Punj Lloyd, Thomas Cook
ICICI Bank| Maruti| Lupin| Wipro| TNPL| Blue Star| Punj Lloyd| Thomas Cook are the stocks which are in news today.
TRENDS
FIFA World Cup 2018: Russia coach wants team to remain humble after a 5-0 win over Saudi Arabia
Russia will next take on Egypt on Tuesday.
SPORTS-TRENDS
Por vs Esp FIFA World Cup 2018 Highlights: Ronaldo scores a hat-trick as Portugal and Spain share points
Catch all the highlights from the fourth game of the 2018 FIFA World Cup between Portugal and Spain at the Fisht Stadium, Sochi.
TECHNOLOGY
Microsoft plans to launch Surface Pro 6, foldable device this year: Report
Tthe names and specifications of the above-mentioned devices and software have not been confirmed by Microsoft as yet.
