Prakash Gaba of prakashgaba.com is of the view that one can buy Biocon with target at Rs 665 and stop loss at Rs 635 and sell DCB Bank with target at Rs 175 and stop loss at Rs 184.
The Nifty futures on Singaporean exchange, SGX, were trading absolutely flat with a positive bias, indicating a similar opening on the market in India. The SGX Nifty was trading around 10,624-mark, up just 10 points.
“Weakness may persist as long as Nifty continues trading below 10,700” says Jaydeb Dey, Technical Analyst at Stewart & Mackertich Wealth Management Ltd.
Petrol prices today touched a record high of Rs 76.24 per litre and diesel climbed to its highest-ever level of Rs 67.57 as the oil PSUs passed on four weeks of relentless rise in international oil prices to consumers.
Shergill was appointed as an additional director in March 2018 and was associated with group companies promoted by Malvinder Singh and Shivinder Singh.
Subsequently JDS leader H D Kumaraswamy too favoured bilateral talks to solve the issue. Cordial ties should be created with the new government and a solution hammered out through talks, Stalin said at a function at Nagapattinam district "Though we have got a legal victory, water to the necessary extent should be received and farmers should be provided with that," he said.
Naidu's cabinet colleagues have suggested that he attend the ceremony given his closeness to former prime minister H D Deve Gowda, a statement from the party said.
The Nifty corrected nearly two percent for the week-ended May 18 and slipped below its crucial support placed at 10,600, suggesting further pain in the coming session.
Hong Kong's Hang Seng was up 1.0 percent, Taiwanese shares 1.1 percent and mainland shares 0.4 percent.
Lundberg says the increase is largely driven by higher crude oil costs and the phasing-in of summer-grade gasoline, which is used to prevent smog.
Trump was apparently reacting to a pair of reports from the New York Times and the Washington Post this week that the FBI sent an informant to talk to Trump campaign advisers after the bureau found evidence the campaign had suspicious contacts with Russia in the early stages of the Russia investigation.
According to the Union Minister of State for Human Resource Development, the appointments to the higher judiciary are done in "opaqueness" and not in a democratic manner.
After lengthy second round of talks in Washington, the two sides issued a joint statement early today vowing not to launch a trade war against each other.
The 10-year residency visas will be granted to specialists in science, medicine and research, and to "exceptional students." The state-run WAM news agency says the plan aims to attract global investment and innovators.
Launched by Prime Minister Narendra Modi in 2015, the Mission is training people in different skills ranging from industrial welding, industrial electrician to computer data application course, he said at the second foundation day function of the Oil Ministrys Skill Development Institute (SDI) here.
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.
They said the issues on the table may include economic impact on India and Russia in the wake of the US withdrawal from the Iran nuclear deal, situation in Afghanistan and Syria, threat of terrorism, and matters relating to the upcoming Shanghai Cooperation Organisation (SCO) and BRICS summits.
A list of important headlines from across news agencies.
Sobha | AU Small Finance Bank | Tata Chemicals | Sheela Foam | Amara Raja Batteries | Advanced Enzyme | Atul Auto | Gulf Oil Lubricants | Century Textiles | Parag Milk Foods | Manappuram Finance | Emami and Bhushan Steel are stocks which are in the news today.
Investors are advised to stay cautious but if you are long the keep a stop below 10,550 levels. A slip below this level could see Nifty cracking by 1-2 percent, suggest experts.
Rajiv Mehrishi further said the central bank, in its effort to ensure that banks don't fail, has slowed down giving licences to new banks.
The DoT has sought reply within a week from Airtel on a complaint by rival Reliance Jio alleging that the operator flouted norms on activation of eSIM in Apple Watch 3, an official source said.
In a regulatory filing, JAL said that the entire transaction was done at the behest of the banks in normal course of business.
The Kolkata Bench of the National Company Law Tribunal (NCLT) has already approved Vedanta Resources's resolution plan for acquisition of Electrosteel Steels last month.
Big wilful defaulters are categorised by PNB as those borrowers with loan outstanding of Rs 25 lakh and over.