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Moneycontrol News

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Moneycontrol News

WhatsApp's 'Click to Chat' feature lets you chat with unsaved numbers

TECHNOLOGY

WhatsApp's 'Click to Chat' feature lets you chat with unsaved numbers

WhatsApp also allows a user to create a link with a pre-filled message

Accumulate Astec LifeSciences, target Rs 800: Shitij Gandhi

BUSINESS

Accumulate Astec LifeSciences, target Rs 800: Shitij Gandhi

One can accumulate the stock in the range of Rs 710-725 levels for the upside target of Rs 800 levels and a stop loss below 660.

BJP begins 'Sampark for Samarthan' campaign with eye on 2019 polls

POLITICS

BJP begins 'Sampark for Samarthan' campaign with eye on 2019 polls

Union ministers, chief ministers and party workers are expected to meet around one lakh imminent citizens and tell them about Modi government’s achievements in the last four years

Eveready Industries stock hits 52-week low, down 12% on Q4 loss

BUSINESS

Eveready Industries stock hits 52-week low, down 12% on Q4 loss

For the financial year 2017-18, profit fell 41 percent to Rs 54.7 crore and EBITDA declined 21 percent to Rs 105.3 crore compared to previous year while revenue from operations increased 7.5 percent to Rs 1,456.4 crore.

Buy Sonata Software, target Rs 412: Shitij Gandhi

BUSINESS

Buy Sonata Software, target Rs 412: Shitij Gandhi

Traders can accumulate the stock in a range of Rs 370-375 for the upside target of Rs 412 with a stop loss below Rs 345.

Jio may offer 100 mbps broadband at under Rs 1,000 per month

BUSINESS

Jio may offer 100 mbps broadband at under Rs 1,000 per month

The fibre-to-the-home service will also come with unlimited calling through a Voice over Internet Protocol phone and JioTV.

Apple’s 2019 iPhone could sport 3 rear cameras, 3D sensing technology

BUSINESS

Apple’s 2019 iPhone could sport 3 rear cameras, 3D sensing technology

3D sensing technology on the rear camera will be used for augmented reality purposes.

Buy PNC Infratech, target Rs 202: Shitij Gandhi

BUSINESS

Buy PNC Infratech, target Rs 202: Shitij Gandhi

Traders can buy the stock above Rs 178 levels for the target of Rs 202 and a stop loss below Rs 165.

Oil prices likely to drift lower; Base Metals to remain weak

BUSINESS

Oil prices likely to drift lower; Base Metals to remain weak

We believe that the oil prices may continue to remain lower for longer term as increasing production from the US, says Sam Nair of Stewart & Mackertich Wealth Management

Buy Dabur India, target Rs 408: Abhishek Mondal

BUSINESS

Buy Dabur India, target Rs 408: Abhishek Mondal

Traders can buy the stock in dips around Rs 377-380 with a stop loss below Rs 364 (closing) for a target of Rs 408.

Manpasand Beverages continues freefall over auditor's abrupt exit; Religare suspends coverage

BUSINESS

Manpasand Beverages continues freefall over auditor's abrupt exit; Religare suspends coverage

The company’s shares clocked 20 percent lower circuit for the past two days as its auditor, Deloitte India, quit during the weekend. Further, what fuelled the downfall is the firm cancelling its Board meeting, which was scheduled on May 30, 2018.

Families of MH370 victims disheartened as final search for missing flight ends

WORLD

Families of MH370 victims disheartened as final search for missing flight ends

Private contractor Ocean Infinity said it will not be continuing with its search operation for the missing aircraft. The Malaysian government has no plans of continuing the search either.

Q4 review: CLSA, Credit Suisse see up to 20% upside in M&M

BUSINESS

Q4 review: CLSA, Credit Suisse see up to 20% upside in M&M

Global brokerage firms are of the view that valuations still remain attractive

Buy Indian Hotels Company, target Rs 162: Abhishek Mondal

BUSINESS

Buy Indian Hotels Company, target Rs 162: Abhishek Mondal

Positional traders can buy the stock on dips at around Rs 142-145 with a stop loss below Rs 135 (closing) for the target of Rs 162.

Italy political crisis leads to market sell-off: Here’s what is happening

WORLD

Italy political crisis leads to market sell-off: Here’s what is happening

Recent developments in Italy have led to nervousness in European and global markets. President Mattarella has appointed a stop-gap Prime Minister before re-election in July.

Coal India rises 4% post Q4 show; brokerages upbeat on better price hike realisations

BUSINESS

Coal India rises 4% post Q4 show; brokerages upbeat on better price hike realisations

The company reported a fall of over 52 percent in the net profit for March quarter at Rs 1,295 crore. A steep increase in its gratuity payout/employee benefit expenses at Rs 16,654 crore dragged its results.

Buy Kajaria Ceramics, target Rs 600: Abhishek Mondal

BUSINESS

Buy Kajaria Ceramics, target Rs 600: Abhishek Mondal

Positional traders can buy the stock around current level and add on dips around Rs 555-560 with a stop loss below Rs 526 for a target of Rs 600.

Power Grid gains 2%; CLSA downgrades to outperform, cut target to Rs 237

BUSINESS

Power Grid gains 2%; CLSA downgrades to outperform, cut target to Rs 237

Brokerage house CLSA has downgraded Power Grid to outperform from buy and cut target price to Rs 237 from Rs 250 per share.

Glenmark Pharma hits 52-week low on weak Q4; price erosion in US rises to 12%

BUSINESS

Glenmark Pharma hits 52-week low on weak Q4; price erosion in US rises to 12%

Revenue of the company was down 7 percent at Rs 2,279.8 crore against Rs 2,457.7 crore

See Nifty in 10,500-10,700 band till May expiry; these 3 buy ideas could offer 11-13% returns

BUSINESS

See Nifty in 10,500-10,700 band till May expiry; these 3 buy ideas could offer 11-13% returns

Since the last week, writing in both 10,500 put and 10,700 call have been observed which indicates sideways movement in expiry week.

Nifty may series to expire between 10,600-10,700: Dynamic Levels

BUSINESS

Nifty may series to expire between 10,600-10,700: Dynamic Levels

We expect Nifty to expire between 10,600-10,700 in May series, says Dynamic Levels.

Indian rupee opens marginally higher at 67.84 per dollar

BUSINESS

Indian rupee opens marginally higher at 67.84 per dollar

For the day, rupee is expected to quote in the range of 67.70 and 68.05, says Motilal Oswal.

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

BUSINESS

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

Prakash Gaba of prakashgaba.com is of the view that one can buy United Spirits with target at Rs 3430 and stop loss at Rs 3330 and sell Hindustan Unilever with target at Rs 1554 and stop loss at Rs 1574.

Nifty may correct to 10,500 if it breaks below 10,605; sell Bharti Airtel

BUSINESS

Nifty may correct to 10,500 if it breaks below 10,605; sell Bharti Airtel

The index failed to sustain above 10,700 for the second consecutive session, ending the session with a bearish Marubzu candle closer to its day’s low of 10,616.10.

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