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Oil India gains 5% on strong Q4 numbers; Deutsche Bank maintains buy with target Rs 310

BUSINESS

Oil India gains 5% on strong Q4 numbers; Deutsche Bank maintains buy with target Rs 310

Deutsche Bank has maintained buy rating on Oil India and raised target to Rs 310 from Rs 303 per share.

No decision on portfolio allocation in Karnataka yet: Here's what is causing the delay

BUSINESS

No decision on portfolio allocation in Karnataka yet: Here's what is causing the delay

Reports suggest, the Congress is keen on holding on to key posts such as finance, home and industries, under which the department of mining comes, besides power, irrigation, the Public Works Department, excise, Bengaluru development and primary education.

Google rolls out YouTube Music and Premium: All you need to know

BUSINESS

Google rolls out YouTube Music and Premium: All you need to know

Google has rolled out YouTube Music and YouTube Music Premium, in a bid to take on Spotify, Apple and Amazon in the live music streaming market

SBI to initiate bankruptcy proceedings against Vijay Mallya in UK court: Report

INDIA

SBI to initiate bankruptcy proceedings against Vijay Mallya in UK court: Report

A British court recently refused to overturn a worldwide freezing order on Vijay Mallya'a asets.

United Spirits, United Breweries, Pioneer Distilleries, Radico Khaitan to get astrological support: Satish Gupta

BUSINESS

United Spirits, United Breweries, Pioneer Distilleries, Radico Khaitan to get astrological support: Satish Gupta

United Spirits, United Breweries, Pioneer Distilleries, Radico Khaitan and Som Distilleries will get astrological support, says Satish Gupta of astrostocktips.

Ancient Indian knowledge systems, traditions find more space in Classes VI to X textbooks

INDIA

Ancient Indian knowledge systems, traditions find more space in Classes VI to X textbooks

A comparison of 25 old and new textbooks across five subjects has revealed new and additional content has been added about India’s ancient past not only in history textbooks, but also in science and geography.

Buy Axis Bank, target Rs 600: Aditya Agarwala

BUSINESS

Buy Axis Bank, target Rs 600: Aditya Agarwala

The stock may be bought in the range of Rs 544-547 for targets of Rs 585-600, keeping a stop loss below Rs 519.

Buy New India Assurance Company, target Rs 790: Aditya Agarwala

BUSINESS

Buy New India Assurance Company, target Rs 790: Aditya Agarwala

The stock may be bought in the range of Rs 720-725 for targets of Rs 760-790, keeping a stop loss below Rs 690.

Buy Nilkamal, target Rs 1975: Aditya Agarwala

BUSINESS

Buy Nilkamal, target Rs 1975: Aditya Agarwala

The stock can be bought in the range of Rs 1,705-1,710 for targets of Rs 1,895-1,975, keeping a stop loss below Rs 1,600.

IRCTC revamps website to include more user-friendly features

INDIA

IRCTC revamps website to include more user-friendly features

Although the new version of the website can be accessed by users now, it will be formally launched by IRCTC at midnight on Wednesday.

Vista Pharmaceuticals locked in 10% upper circuit on agreement to acquire ANDA for Urocare

BUSINESS

Vista Pharmaceuticals locked in 10% upper circuit on agreement to acquire ANDA for Urocare

This ANDA will be manufactured at another USFDA approved Contract Manufacturing Facility (CMO) for 2 years.

OnePlus 6 Marvel Avengers limited edition sale to begin on May 29; specs, offers, where to buy

BUSINESS

OnePlus 6 Marvel Avengers limited edition sale to begin on May 29; specs, offers, where to buy

The company is offering Rs 2,000 cashback to Amazon customers who buy the device using a Citibank credit or debit card.

Vedanta recovers post 6% fall as Tamil Nadu orders shutting of copper unit at Tuticorin

BUSINESS

Vedanta recovers post 6% fall as Tamil Nadu orders shutting of copper unit at Tuticorin

Tamil Nadu Deputy Chief Minister O Panneerselvam asserted that the government will take resolute steps for the permanent closure of Vedanta group's copper plant.

HUDCO rises 6% as company recovers Rs 317 cr in old loan default case

BUSINESS

HUDCO rises 6% as company recovers Rs 317 cr in old loan default case

The meeting of board of directors of the company is proposed to be held on May 30, 2018 to consider, approve and take on record the audited financial statements (standalone and consolidated) for quarter & year ended March 31, 2018 .

5 stocks that could deliver 10-18% returns in June series

BUSINESS

5 stocks that could deliver 10-18% returns in June series

"The immediate resistance for the Nifty is placed at 10,735. If the index crosses above this level then the next target is seen at 10,800-10830," says Ashish Chaturmohta of Sanctum Wealth Management.

Nifty likely to trade between 10,650-10,750: Dynamic Levels

BUSINESS

Nifty likely to trade between 10,650-10,750: Dynamic Levels

Nifty is expected to trade in a range of 10,650 to 10,750 in the current expiry, says a report by Dynamic Levels.

Bank of India slips 6% on posting net loss in March qtr; Brokerages cut target up to Rs 85

BUSINESS

Bank of India slips 6% on posting net loss in March qtr; Brokerages cut target up to Rs 85

Deutsche Bank has maintained sell rating on Bank of India and cut target price to Rs 85 from Rs 90 per share.

Manpasand Beverages locked in 20% lower circuit for second day; co tries allay fears

BUSINESS

Manpasand Beverages locked in 20% lower circuit for second day; co tries allay fears

On Monday evening, the company issued a statement to the exchanges, assuring investors that the situation involving Deloitte was ‘unfortunate’ but the decision was taken keeping in mind shareholders’ interest.

Piramal considering re-entry into domestic drug market

BUSINESS

Piramal considering re-entry into domestic drug market

The development comes eight years after the Ajay Piramal-led conglomerate sold its portfolio to US-based Abbott Laboratories for $3.72 billion.

UltraTech Cement gains 1% post Binani Cement lenders opt for UltraTech offer

BUSINESS

UltraTech Cement gains 1% post Binani Cement lenders opt for UltraTech offer

Financial creditors led by Edelweiss Asset Reconstruction Company voted to accept UltraTech Cement’s offer as the highest bid received under the insolvency and bankruptcy process initiated against Binani Cement

Closing Bell: Sensex ends below 35K, sheds 216 pts; Nifty Bank loses 359 pts

BUSINESS

Closing Bell: Sensex ends below 35K, sheds 216 pts; Nifty Bank loses 359 pts

Most Asian markets traded lower as investors focus on Italian politics and the fall in oil prices.

Indian rupee slips 18 paise; opens at 67.61 per dollar

BUSINESS

Indian rupee slips 18 paise; opens at 67.61 per dollar

For the day, rupee is expected to open flat and could quote in the range of 67.50 and 68.05, says Motilal Oswal.

Buy or sell: Top stock trading ideas by market experts which are good near term bets

BUSINESS

Buy or sell: Top stock trading ideas by market experts which are good near term bets

Rajesh Agarwal of AUM Capital recommends buying RBL Bank with stop loss at Rs 514 and target at Rs 533, Larsen & Toubro with stop loss at Rs 1350 and target at Rs 1408 and Mahindra & Mahindra Financial Services with stop loss at Rs 485 and target at Rs 519.

Buy Nifty on dips with a target of 10,780; Havells a decent short-term pick

BUSINESS

Buy Nifty on dips with a target of 10,780; Havells a decent short-term pick

“Buy-on-dips strategy is advised for the next leg of Nifty’s upmove towards 10,780 levels,” says Jaydeb Dey, Technical Analyst at Stewart & Mackertich Wealth Management

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