BUSINESS
Stock Picks of the Day: 3 buy ideas that could return 12-14%
“See strong support for the Nifty at 10,750, 10,700 and 10,650 levels,” says Shitij Gandhi of SMC Global Securities
TECHNOLOGY
Mouse movements to storage space — All the data that Facebook sucks up to track users
The revelations follow CEO Mark Zuckerberg’s testimony in US Congress in April in the wake of Cambridge Analytica scandal
BUSINESS
Buy Havells India, target Rs 582: Abhishek Mondal
Traders can buy the stock in dips around Rs 550-552 with a stop loss below Rs 535 for a target of Rs 582, says Abhishek Mondal of Guiness Securities.
BUSINESS
Bharat Forge gains 2%, acquires 35% stake in UK based company Tevva
The company has entered into an investment agreement with Tevva Motor, Bharat Forge International, UK and existing shareholders of Tevva.
INDIA
PM Modi invites Karnataka CM Kumaraswamy to take fitness challenge
The fitness challenge was pioneered by Minister of State Rajyavardhan Singh Rathore as a part of 'Hum Fit Toh India Fit' campaign
BUSINESS
Top Infosys executive Nitesh Banga quits, joins GlobalLogic
This is the first senior level exit since Infosys' new CEO Salil Parekh took charge in January.
INDIA
PM Modi joins the viral Fitness Challenge, posts video on Twitter
In his tweet, PM Modi explained that his morning walk is inspired by the Panchtatvas or the five elements — Prithvi, Jal, Agni, Vayu and Aakash
BUSINESS
TCS rallies on news of a possible buyback; Morgan Stanley raises target price
The stock has been in an uptrend so far in the year 2018, up 34 percent while on a 1-year basis, the stocks rose by nearly 50 percent. The stock is trading near its record high of Rs 1.837.
BUSINESS
TCS board to consider buyback proposal on Friday
In 2017, the company had announced a Rs 16,000-crore buyback of up to 56.1 million shares at Rs 2,850 a piece.
BUSINESS
Page Industries gains 3% after it extends license agreement with Jockey International
The agreement has been extended until December 31, 2040.
BUSINESS
Sun Pharma gains 3% post EIR for Halol facility; Morgan Stanley maintains underweight
The company has received the EIR (establishment inspection report) from the USFDA for the inspection conducted at its Halol facility (Gujarat, India) during the period February 12-23, 2018.
SPORTS-TRENDS
FIFA World Cup 2018: All you need to know about Brazil’s golden boy - Neymar Jr
From a mohawk-sporting 18-year-old to being the most expensive football player in the world, Neymar’s rise has been nothing short of phenomenal
BUSINESS
10,900 will act as crucial hurdle in June expiry; 3 stocks which could give 5-11% return
Immediate support is seen around 10,700 and 10,600, whereas 10,900 and 11,000 will act as a hurdle before June expiry.
BUSINESS
Indian rupee opens lower at 67.60 per dollar
USD-INR pair is expected to to quote in the range of 67.45 and 67.80-67.95, says Motilal Oswal.
BUSINESS
Buy or sell: Top stock trading ideas by market experts which are good short term bets
Rajesh Agarwal of AUM Capital recommends buying Sun TV Network with stop loss at Rs 923 and target of Rs 955, Capital First with stop loss at Rs 571 and target of Rs 589 and Sun Pharmaceutical Industries with stop loss at Rs 533 and target of Rs 550.
BUSINESS
Closing Bell: Nifty closes above 10,850, Sensex up 46 pts; IT, pharma outperform
All sectoral indices are trading in the green, with sharp gains seen in pharmaceuticals, IT and PSU banking space. The midcap index is trading higher by almost half a percent.
BUSINESS
Markets@Moneycontrol: Nifty likely to open flat; 3 stocks which could give 12-14% return
Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 21.5 points or 0.2 percent. Nifty futures were trading around 10,769-level on the Singaporean Exchange.
BUSINESS
See 10,920 levels if Nifty breaches 10,850; buy Voltas for the short term
“Upside resistances on the Nifty are placed around 10,850 and 10,880,” says Jaydeb Dey of Stewart & Mackertich Wealth Management
BUSINESS
News highlights: PNB scam proceeds mainly went to Nirav Modi's kin, says ED
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: TCS, RIL, Sun Pharma, Federal Bank, Allahabad Bank, Page Industries
TCS | RIL | Sun Pharma | Federal Bank | Allahabad Bank and Page Industries are stocks, which are in news today.
TECHNOLOGY
Snapchat now lets you delete sent messages
Snapchat also expanded the availability of its recently introduced 2nd generation spectacles, which are water resistant and can capture HD video.
SPORTS-TRENDS
Goldman Sachs predicts Brazil will win FIFA World Cup 2018
Interestingly, Goldman Sachs had predicted that Brazil would lift the World Cup in 2014 as well
BUSINESS
Uber files for patent to detect drunk passengers using AI
The system uses artificial intelligence to assess a variety of factors like walking speed, typos, the precision of clicking on links and/or buttons and the amount of time taken to request a ride.
POLITICS
Facebook says it gave 'identical support' to Trump and Clinton during 2016 presidential campaign
It was earlier revealed that Facebook had used data of its members to influence the 2016 US presidential elections.
