The credibility of the banking sector is badly hit by the revelations of fraud at the topmost level of management. It will not be easy for the sector to gain the investors' trust again.
Brent crude futures edged down by 25 cents to $60.26 a barrel by 0436 GMT, while U.S. West Texas Intermediate (WTI) crude futures was at $54.45 a barrel, down 25 cents.
This is the best time to accumulate good small and mid-cap stocks for investors with a horizon of three to five years, says Amit Doshi of Care PMS.
The rupee ended higher by 5 paise at 71.02 against the US dollar on Friday.
Modified Call Butterfly is a four-legged strategy where one lot of Call close to current underlying level is bought against that two lots of higher strike calls are sold and one more lot of Call is bought but closer to the call sold strike
The bank has decided to merge its asset management arm Baroda Asset Management with BNP Paribas Asset Management India, a wholly-owned unit of BNP Paribas AMC Asia.
Credit Suisse has an 'underperform' call on Infosys with a target price of Rs 690 due to high valuations and an expectation of a weaker second half of FY20.
Equity benchmarks are trading higher ahead of the release of retail and wholesale inflation data, while broader Asian peers rose on optimism over the Sino-US trade talks.
The Rs 638-crore public issue was subscribed 112 times during September 30 and October 3 and the issue price was fixed at Rs 315-320 per share.
Since September 20, most stocks on the BSE 500 index have shed their gains on corporate default fears, PMC crisis and Q2 earnings
Birlasoft will support Invacare in global implementation of SAP S/4HANA and associated SAP solutions, harmonizing business processes and information flows worldwide.
Both gold and silver prices are likely to trade under pressure this week on the likely resolution around trade war, and developments around Brexit. Investors can deploy sell on rise strategy.
Morgan Stanley said it remains underweight on Avenue Supermarts with a target of Rs 1,120 per share. Credit Suisse maintained its neutral call on the stock due to stretched valuations and retained its target of Rs 1,850 per share
There is great disorder under heaven; the situation is excellent
Ashwani Gujral of ashwanigujral.com recommends buying Voltas with a stop loss of Rs 672, target of Rs 695, Titan Company with a stop loss of Rs 1130, target of Rs 1165 and Tech Mahindra with a stop loss of Rs 718, target of Rs 742.
MSCI’s broadest index of Asia-Pacific shares outside Japan edged up 0.5%. Australia's main index gained 0.9% and South Korea firmed 1.3%.
Trends on SGX Nifty indicate a flat opening for the broader index in India, with a 24 points loss or 0.21 percent. The Nifty futures were trading around 11,285-level on the Singaporean Exchange.
Trends on SGX Nifty indicate a negative opening for the broader index in India, with a 17.5 points loss or 0.15 percent.
Buying on dips continues to be our preferred strategy. For the week, we expect Nifty to trade in the range of 11,600-11,100 with a positive bias.
Operating performance is likely to be supported by lower commodity prices and cost saving measures
The critical support on downsides continues to remain around 11,090 levels, for short term traders, 11,189 which was the intraday low of Friday will be important.
We do not see the runaway outperformance to continue. Investors should use dips to build position
Announcing its results after market hours on October 11, India's second-largest IT services company Infosys said its consolidated net profit declined by 2.2 percent to Rs 4,019 crore for the July-September 2019 quarter.
The valuation of HUL jumped Rs 13,216.18 crore to Rs 4,33,990.70 crore
We have a buy rating on ICICI Lombard General Insurance Company with a target price of Rs 1,450 per share.