Moneycontrol PRO
Loans
Loans
HomeAuthorRakesh patil

Rakesh Patil

Senior Data Analyst

Moneycontrol

Slideshow | Foreign brokerages raise target on these 8 stocks; take a look

BUSINESS

Slideshow | Foreign brokerages raise target on these 8 stocks; take a look

Here are the eight stocks in which foreign brokerages raised the target price

Rupee ends flat at 75.58 per dollar

BUSINESS

Rupee ends flat at 75.58 per dollar

Despite the ongoing risk on momentum seen in most emerging markets, Indian equities paused and witnessed some profit booking. Deprecation in the rupee can be attributed to that, says ICICIdirect.

Rupee ends lower at 75.57 per dollar

BUSINESS

Rupee ends lower at 75.57 per dollar

The immediate resistance for rupee lies around 75.60, says Rahul Gupta, Head of Research- Currency, Emkay Global Financial Services.

Closing Bell: Indices break 6-day winning streak; Nifty holds 10K, Sensex falls 128 pts

BUSINESS

Closing Bell: Indices break 6-day winning streak; Nifty holds 10K, Sensex falls 128 pts

Asian Paints, Bajaj Finance, IndusInd Bank, HDFC and Kotak Mahindra Bank were among major losers, while gainers included Vedanta, Tech Mahindra, Zee Entertainment, Sun Pharma and Bharti Airtel.

Slideshow | ICICI Bank, Coal India, L&T, Quess Corp among 14 buying ideas

BUSINESS

Slideshow | ICICI Bank, Coal India, L&T, Quess Corp among 14 buying ideas

Here are the top 14 buying ideas from the brokerages:

Rupee ends lower at 75.46 per dollar

BUSINESS

Rupee ends lower at 75.46 per dollar

The near term bias for the local unit is positive, where it can edge higher towards 74.80 mark, says Sugandha Sachdeva VP-Metals, Energy & Currency Research, Religare Broking.

Closing Bell: Indices rally for 5th straight day; Nifty ends near 10K, Sensex jumps 522 pts

BUSINESS

Closing Bell: Indices rally for 5th straight day; Nifty ends near 10K, Sensex jumps 522 pts

Bajaj Finserv, Zee Entertainment, Bajaj Finance, Kotak Mahindra Bank and Tata Motors were among major gainers on the Nifty, while losers were Coal India, Maruti Suzuki, ITC, BPCL and Dr Reddys Labs.

Rupee ends higher at 75.54 per dollar

MARKETS

Rupee ends higher at 75.54 per dollar

Sugandha Sachdeva VP-Metals, Energy & Currency Research, Religare Broking expect the rupee to trade in the 74.80 to 76.60 band for the next few weeks.

Slideshow | Experts advice 'buy on dips'; Nifty may inch towards 10K

BUSINESS

Slideshow | Experts advice 'buy on dips'; Nifty may inch towards 10K

Last week, BSE Sensex jumped 1,751.51 points to close at 32,424.1, while the Nifty50 added 541.05 points to end at 9,580.3 levels. Here are the experts view on how will market trade in the coming week:

Closing Bell: Nifty ends above 9,800, Sensex jumps 879 pts on lockdown relaxations

BUSINESS

Closing Bell: Nifty ends above 9,800, Sensex jumps 879 pts on lockdown relaxations

All the sectoral indices ended in the green, whuile BSE Smallcap and Midcap indices rose between 2-3 percent.

Slideshow | Market breaks three-week losing streak amid F&O expiry; rupee gains

BUSINESS

Slideshow | Market breaks three-week losing streak amid F&O expiry; rupee gains

The Indian rupee gained by 34 paise against the American dollar last week.

Rupee ends higher at 75.61 per dollar

BUSINESS

Rupee ends higher at 75.61 per dollar

Souring relations between the two economic powerhouses-US and China, due to the trade related issues, coronavirus origin and now because of China’s crackdown on Hongkong are leading to safe haven flows towards the dollar, says Sugandha Sachdeva VP-Metals, Energy & Currency Research, Religare Broking.

Closing Bell: Nifty begins June series higher, ends above 9,550; Sensex up 223 pts

BUSINESS

Closing Bell: Nifty begins June series higher, ends above 9,550; Sensex up 223 pts

Among sectors, except IT other indices ended in the green. BSE Midcap and Smallcap indices rose between 1-2 percent.

Slideshow | Brokerages give a thumbs down to these 10 stocks amid tough times

BUSINESS

Slideshow | Brokerages give a thumbs down to these 10 stocks amid tough times

Here are the 10 stocks in which brokerages having reduce rating after their March quarter earnings.

Rupee ends marginally lower at 75.75 per dollar

BUSINESS

Rupee ends marginally lower at 75.75 per dollar

Rupee is likely to find strong cushion at 76.60 mark, while it would be difficult for the domestic currency to nudge past the level of 74.80, says Sugandha Sachdeva VP-Metals, Energy & Currency Research, Religare Broking.

Closing Bell: Nifty ends May series just shy 9,500, Sensex rises 595 pts as auto, banks rally

BUSINESS

Closing Bell: Nifty ends May series just shy 9,500, Sensex rises 595 pts as auto, banks rally

Zee Entertainment, Eicher Motors, L&T, Hero MotoCorp and IndusInd Bank were among major gainers on the Nifty, while losers included Wipro, Cipla, JSW Steel, BPCL and ITC.

Slideshow | UPL and Bajaj Finserv among 15 buying ideas with 13-84% upside

BUSINESS

Slideshow | UPL and Bajaj Finserv among 15 buying ideas with 13-84% upside

Here are the top 15 stocks, in which brokerages are expecting 13-84 percent upside:

Closing Bell: Nifty ends above 9,300 on afternoon gains, Sensex jumps 995 pts as banks outperform

BUSINESS

Closing Bell: Nifty ends above 9,300 on afternoon gains, Sensex jumps 995 pts as banks outperform

Among Sectors, Nifty Bank rose 7 percent followed by IT, metal and energy space, while pharma index ended marginally lower.

Rupee ends higher at 75.66 per dollar

BUSINESS

Rupee ends higher at 75.66 per dollar

On Monday the currency market was shut on account of Ramzan Id.

Closing Bell: Nifty manages to close above 9K amid volatility; IT, pharma under pressure, metals shine

BUSINESS

Closing Bell: Nifty manages to close above 9K amid volatility; IT, pharma under pressure, metals shine

Among sectors, IT and pharma witnessed selling pressure, while metal index rose over 2.5 percent followed by auto, bank and FMCG. BSE Midcap and Smallcap indices ended with a gain of 0.6-1.2 percent.

Slideshow | Reliance Securities bets on these 5 stocks for 11-68% returns

BUSINESS

Slideshow | Reliance Securities bets on these 5 stocks for 11-68% returns

Reliance Securities bet on Bharti Airtel, Granules India, Aurobindo Pharma, Escorts and Alembic Pharma with an upside of 11-68 percent.

BSE, NSE shut today on account of Ramzan Id

BUSINESS

BSE, NSE shut today on account of Ramzan Id

On May 22, the Sensex ended 260.31 points lower or 0.84 percent at 30,672.59, while Nifty fell 67 points or 0.74 percent at 9,039.25.

Slideshow | Market slips for third straight week amid global cues, RBI policy; Rupee falls

BUSINESS

Slideshow | Market slips for third straight week amid global cues, RBI policy; Rupee falls

Last week Nifty Pharma outperformed other indices with a gain of 5.5 percent.

Closing Bell: Sensex falls 260 pts, Nifty settles below 9,050; banks, financials suffer

BUSINESS

Closing Bell: Sensex falls 260 pts, Nifty settles below 9,050; banks, financials suffer

Sensex closed the day 260 points, or 0.84 percent, lower at 30,672.59 while Nifty finished with a loss of 67 points, or 0.74 percent, at 9,039.25. Broader BSE Midcap and Smallcap indices closed 0.83 percent and 0.23 percent down, respectively. Among the sectors, BSE Finance and BSE Bankex lost 3 percent and 2.44 percent, respectively. On the other hand, IT and Teck indices rose 1.68 percent and 1.44 percent, respectively.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347