The Economic Times
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| 24 November, 2020, 06:24 PM IST | E-Paper

    Rupee to focus on RBI money policy meet

    Rupee reaction in the past few weeks has been muted.

    Govt should invest in infra and rural sectors, cut corporate tax: VS Parthasarathy, M&M

    “Once this cycle turns, we can look for a lot of upside in coming months and quarters.”

    Share market update: Most private bank stocks down; YES Bank, RBL Bank fall 2%

    The Nifty Private Bank index was trading 0.05 per cent down at 13,946 around 01:05 pm.

    Thursday’s carnage 13th worst in Sensex’s history: A look at the previous falls

    Sensex had its worst fall on Aug 24, 2015, when it plunged 1,624.51 points in a single day.

    Rupee outlook bearish on high crude prices, liquidity crisis in bond mart

    Trade war has increased risk sentiment with the US equities trading higher.

    Bond market worried about fiscal maths, waiting for RBI cues: Gautam Chhaochharia

    UBS Sec HoR sees double digit earnings growth in 2019-20 as the NPA cycle reverses for financials.

    RBI may hike repo rate by 25 bps on Friday

    Global oil prices have been on a boil, hurting the rupee, as India imports nearly 80 per cent of its crude requirements.

    Budget addresses BJP’s vote bank but ignores capex: Sunil Subramaniam, Sundaram Mutual

    From FII perspective, continuity of Mr Modi is an important factor, says Sundaram MF CEO.

    Share market update: Jet Airways, IndiGo, SpiceJet hit 52-week lows

    Shares of Jet Airways, SpiceJet and IndiGo hit 52-week low of 163.70, 64.05 and 768.25, respectively, on BSE today.

    Dalal Street experts say RBI right in holding rates

    Here’s how Dalal Street experts and economists reacted to RBI policy decision.

    Avoid NBFCs, stick to these 3 banks: Yogesh Mehta, MOFSL

    One can consider farm and consumption sectors from short-term perspective, says Mehta.

    Sensex drops 169 pts on selloff in banks, FMCG stocks; Nifty below 11,250

    HDFC duo together caused over a 100-point slide in Sensex.

    Although there have been Cassandras, we don’t see a blow-up in credit sector: Romesh Sobti, IndusInd Bank

    Retail NBFCs will continue to grow and compete with banks but their returns may reduce .

    Stock market update: Titan, Bajaj Electricals boost consumer durables index

    Equity markets were up ahead of the RBI policy outcome scheduled for later in the day.

    Stock market update: Oil & gas stocks rise, but HPCL, GAIL, IOC damp squib

    The BSE Oil & Gas index was trading 0.10 per cent up at 14,365 around 01:50 pm.

    Stock market update: Midcaps outpace Sensex; IDFC Bank, RCom top gainers

    Benchmark Sensex was 0.58 per cent up at 35,107, while Nifty50 was 0.63 per cent up at 35,108 around that time.

    Stock market update: Cadila, Sun Pharma, Lupin boost Nifty Pharma pack

    The Nifty Pharma index was trading 1.03 per cent up at 8,202 around 12:30 pm.

    Stock market update: Metal & mining stocks shine; Hindustan Zinc, Nalco surge 3%

    The Nifty Metal pack was trading 1.19 per cent up at 3,596 around 12:20 pm.

    Stock market update: IT index rises almost 1%; HCL Tech top gainer

    The Nifty IT index was trading 0.85 per cent up at 13,523 around 12:15 pm.

    Top intraday trading ideas for afternoon trade for Wednesday, 6 June 2018

    Bajaj Auto is a 'Buy' call with a target price of Rs 3,025 and a stop loss of Rs 2,884.

    Stock market update: Over 20 stocks hit 52-week highs on BSE

    By 11:20 am, as many as 23 stocks had hit 52-week highs on BSE, while 289 stocks had touched 52-week lows.

    Stock market update: Over 230 stocks hit 52-week lows on NSE

    The NSE Nifty index was trading 36 points up at 10,629, while the BSE Sensex was up 124 points at 35,027 around 11:05 am.

    Stock market update: These stocks defy positive market sentiment, plunge up to 10% on BSE

    Equity markets were up ahead of the RBI policy outcome scheduled for later in the day.

    Stock market update: Biocon, Just Dial most active stocks in value terms

    Domestic equity markets opened in the green on Wednesday ahead of the RBI policy outcome scheduled for later in the day.

    Stock market update: RCom, Vakrangee most traded stocks on NSE in morning trade

    It was followed by Vakrangee (1.20 crore), Electrosteel Steels (0.93 crore) and PC Jeweller (0.76 crore).

    Maruti, TaMo May volumes plunge, but stocks holding the ground, why?

    Tata Motors’ domestic PV volumes declined 38%, domestic volumes of Honda fell 28% in May.

    Stock market update: YES Bank, Axis Bank, ICICI Bank drag Nifty Private Bank index down

    The Nifty Private Bank was trading 0.26 per cent down at 14,882 around 10:30 am.

    First 100 days of Modi 2.0 could see tax cut, GST rejig, bank reform

    Finance and other ministries are said to have already lined up measures for new government.

    ETMarkets Special Weekend Podcast: Why Gujarat election outcome is important for markets

    Nobody on the Street is factoring in a BJP defeat but market watchers remain cautious. Tune in to find out why.

    What changed your markets while you were sleeping

    Let’s check out what all might matter to Dalal Street all through Wednesday.

    Loans: Festive season offers and should you take them

    During festival season, banks come out with various special loan offers. These loan offers are usually in the form of a waiver of processing fees, lower interest rates and so on. However, the question arises should you avail these loan offers?

    FPIs may put more money in local debt

    The benchmark yield closed at 7.71 per cent Wednesday versus 7.77 per cent a day earlier.

    Tech view: Nifty forms Spinning Top; pause in momentum likely

    Muted response of the bears to the policy suggests there may not be a big correction ahead.

    F&O: Futures signal negativity, but bulls have a grip on market

    Nifty formed a 'Spinning Top', which indicates that the pace of buying was slowing down.

    Stock market update: OMCs rise up to 3%; HPCL, BPCL among top gainers

    The BSE Oil & Gas index was trading 0.87 per cent up at 15,154 around 11:40 am.

    Tech view: Nifty50 forms small bullish candle, 11,400 level key

    A recovery in late trade and a shift in support towards higher levels hinted at more upside.

    Rupee falls 2 paise to snap 3-day rally, ends at 68.67

    Traders turned cautious in the run up to the outcome of RBI monetary policy committee meeting that began today.

    Traders carry fewer Nifty futures into December series amid poll, rate uncertainties

    Options data show Nifty has major support at 10,000 & faces resistance at 10,500.

    Sandip Sabharwal’s top 3 picks for next three years

    Some financials are in a virtuous cycle and some Like YES Bank are in a vicious cycle.

    Bullish on these 2 stocks next week: Yogesh Mehta, Motilal Oswal Financial Services

    As far as aviation is concerned, IndiGo would be the preferred one, says Mehta

    The events that led to external benchmarking of loans and what borrowers should do now

    The year 2019 saw the shift in the way interest rates loans to be charged. The Reserve Bank of India announced that with effect from October 1 interest rate on all new floating loans has to be linked to any of the four external benchmarks.

    Capital gains on unlisted entities till Jan 31 to be grandfathered

    Jaitley in Budget 2018-19 had reintroduced the LTCG tax on gains exceeding Rs 1 lakh.

    3 financial stocks Motilal Oswal’s Rahul Shah is betting on

    would not be surprised if the Nifty crosses 12,000 in near term, says Shah.

    We are already in the middle of an election rally: Aashish Sommaiyaa, Motilal Oswal AMC

    People are reacting to past 1 year, but clearly there is money to be made in the future, says Sommaiyaa.

    Market managed to end with gains, up 131 points for the week

    Ripples of massive PNB scam continued to drag the market momentum during the week trade.

    State election outcome to be next market trigger: Shibani Sircar Kurian, Kotak MF

    One key trend that we are seeing is the shift away from the unorganised to the organised segment and this is playing through in sectors where the unorganised component is fairly large, says the Kotak MF V-P

    Don’t juggle your debt mutual fund portfolio: Mahendra Jajoo of ‎Mirae Asset Mutual Funds spoke to Mahendra Jajoo, Head - Fixed income - ‎Mirae Asset Global Investments, to find out what were the key points of yesterday's RBI policy.

    Rupee’s top forecaster says rebound short-lived, unit set to hit 76.50

    Rupee is down 13% in 2018, even as it on Friday capped 1st consecutive weekly gain since Aug.

    Sensex, Nifty trade in red; Rupee on 2-year high

    Rupee strengthened nearly 25 paise to 63.82 against dollar to its highest level since August 2015.

    Sensex gains over 50 points, Nifty tests 10,600; Dilip Buildcon hits lower circuit

    The Central Bank may deliver its first interest rate hike in nearly 4.5 years.

    Tech view: Nifty forms Hammer-like pattern; small pullback not ruled out

    A pullback cannot be ruled out on Wednesday, but the overall trend remains negative.

    Market Now: Pharma stocks in the green; Aurobindo Pharma up 3%

    Equity benchmarks were trading on a cautious note awaiting RBI policy meet outcome.

    Market Now: Auto stocks gain; Tata Motors up nearly 2%

    Equity benchmarks were trading on a cautious note awaiting RBI policy meet outcome.

    Market Now: BSE Smallcap index up 2%; HEG, JBM Auto among top gainers

    Equity market benchmarks opened in the green on Wednesday, but pared gains ahead of the outcome of the two-day RBI policy meet.

    Market Now: BSE Midcap index outperforms benchmark Sensex

    At 10:55 hours, the BSE Midcap index was 0.99 per cent up at 16,443, while the BSE Sensex was 0.08 per cent up at 34,224.

    Market Now: Nifty Bank index up; IDFC Bank climbs 2%

    Shares of Punjab National Bank, HDFC Bank and Bank of Baroda were trading down in the index.

    Market Now: Check out the stocks that zoomed up to 20%

    The 30-share Sensex was trading 161 points up at 34,356, while the 50-share Nifty index was 66 points up at 10,565 around 10:15 am (IST).

    Market Now: Kotak Mahindra Bank, HDFC among most active stocks in terms of value

    Most active stocks in terms of value helps investors to identify the stocks with highest trading turnover during the day.

    Market Now: RCom, GMR Infra among most traded stocks

    At 10:10 am (IST), the BSE Sensex was up 128 points, or 0.37 per cent, at 34,324. The NSE Nifty50 was 47 points, or 0.44 per cent, up at 10,545.

    RBI unlikely to raise rates: DBS

    Growth has largely bottomed out, it said. But India has yet to benefit from the synchronised pick-up in global demand.

    CAD worries due to rising crude add to rupee’s woes

    The rupee fell as crude oil price surged as high as $85 per barrel.

    Rise in crude prices poses risk to India's current account deficit: Report

    CAD widened to 2 per cent or USD 13.5 billion in the October-December quarter of 2017, up from 1.4 per cent, or USD 8 billion, in the corresponding period a year ago.

    Rupee rebounds 9 paise to 1-week high on IMF growth outlook

    Foreign portfolio investors (FPIs) bought shares worth Rs 1,567.51 crore on net basis yesterday.

    Govt can always move buybacks to next year: Jayesh Mehta

    The government has to come to terms with GST coming in below Rs 1 lakh crore, the top BofAML official said.

    Cut in borrowings target by governmemt may boost India’s attractiveness

    The government would be borrowing Rs 2.47 lakh crore until March, 2019.

    Inflation to average around 5.1% this fiscal: Report

    According to the global financial services major, the factors that are likely to impact inflation going forward include higher oil prices, a weaker rupee, higher MSPs and more currency in circulation.

    Bottom fishing, anyone? These stocks tanked 25-75% in September

    Investor wealth as measured by m-cap of BSE-listed firms slipped by Rs 14.50 lakh crore.

    In a first, SBI links pricing of loans, deposits to repo rate

    The new rates linked the external benchmark rate of the repo rate, will be effective May 1.

    Rupee ends at 1-week high of 72.48 against US dollar

    The domestic currency for the week finished lower by 28 paise, posting its fifth straight weekly loss.

    Growth back in RBI’s 'vocabulary': What experts say

    The rate-setting MPC was unanimous in shift in stance, which voted 4-2 in favour of a lower rate.

    FIIs buy shares worth Rs 450 crore in Reliance Capital

    SMTB had purchased the stake in Reliance Capital (RCAP) when it had applied for banking license.

    RBI may cut 25 bps on Dec 7, another in Q1 of 2017: DBS

    "These are likely to prod the MPC to consider a 25 bps rate cut on Wednesday, followed by another cut in 1Q17," DBS said in the research note.

    ‘India likely to outperform EM peers; Sensex could hit 41,500 in bull case’

    Recently, Citigroup Global Markets had cut its December 2018 target on Sensex to 35,700.

    F&O: Below 10,180 level, Nifty to see weakness till 10,050 level

    Nifty wiped out the gains of previous two sessions and formed a bearish engulfing candle.

    Gold Rate Today: Gold, silver flat in morning trade

    Choice Broking said, “Based on the current technical set up and indicators, we continue to remain bearish in MCX Gold.”

    What changed your markets while you were sleeping

    Nifty futures on the Singapore Exchange were trading 18.50 points, or 0.17 per cent, lower at 11,086.50, indicating a negative start for the Nifty50.

    Sensex, Nifty gain for 4th day on rally in bank, auto stocks

    Sensex advanced 34 points to close at 36,617, while NSE Nifty settled at 10,934, up 22 points.

    For FY2019, PNB’s total recovery will be around Rs 26,000 crore: LV Prabhakar

    NPA recovery and cut down on slippages helped PNB report profit this quarter, says Prabhakar

    Sensex, Nifty end positive as RIL saves the day

    Heavy buying in RIL came despite caution ahead of the Reserve Bank of India's monetary policy review.

    PMC Bank crisis: Should you change your bank? Here's how to evaluate

    The PMC Bank crisis has brought safety of bank deposits into focus, but does that fear warrant a bank change?

    Bears turn gaze on companies with high pledged shares

    Shares of Adani Group companies came under selling pressure on Monday.

    Market Movers: What changed for D-Street while you were sleeping

    DIIs were net buyers to the tune of Rs 2,289 crore, data suggests.

    Consumption, infra and banking emerge as pockets of value buy: Neeraj Dewan

    I would like to avoid pharma till I see some good numbers coming in for pharma companies.

    Five stocks that exhibit strong upside on increased volumes

    Amidst the uncertainty, a handful of stocks such as ACC, Sintex Industries, Mphasis, Hikal have seen consistent increase in stock prices and delivery volumes.

    Rupee up 7 paise at 66.52 against dollar ahead of RBI meet

    Forex dealers said a higher opening in domestic equity markets supported the rupee, but strength in dollar against other currencies capped the gains.

    9,581-9,520 to provide immediate support to Nifty in case of decline

    A marginal cool off in terms of narrow consolidation can give pullback for acceleration.

    Rupee hits fresh 2-week high on RBI's bullish growth outlook

    A sharp fall in global crude prices further supported the local currency.

    Betting on two sectors right now: Deven Choksey

    The Gujarat election outcome is very important for the market and country as a whole, says Choksey

    What I read this week: Why SBI raising rates is more important than RBI rate hike

    SBI has raised deposit rates not only for a shorter duration but also for longer maturities.

    What changed your market while you were sleeping

    Let’s check out what might influence Dalal Street all through the day.

    Rupee ends at 1-week high against dollar

    The rupee oscillated between a high of 68.53 and a low of 68.76 in day trade.

    What changed your market while you were sleeping

    Nifty50 closed marginally higher on Monday to end its four-day losing streak.

    RBI puts rate cuts on hold: Which debt mutual funds should you buy now?

    Considering the change in RBI's policy stance and lower FD rates, investors should moderate their expectations and consider investing in these debt funds.

    Many financial names won't survive in next 3 years: Ajay Srivastava

    Let us not neglect the fact that the result of every company has tax benefit. This will not be the case next year; the base effect will catch up next year, says Ajay Srivastava, Dimensions Corporate Finance Services.

    Sensex climbs 300 pts; Nifty tops 10,600 on global cues; RBI meet eyed

    Benchmark indices opened on a higher not, as investors felt that recent selloff was excessive.

    Tech view: Nifty tentative; no bottom fishing till definite signals emerge

    The index made a smart rebound, as the bulls tried hard against the roaring bears.

    Call on deposit, lending rates to depend on credit demand: Dinesh Kumar Khara, SBI

    As far as interest rates are concerned, I do not expect any change.

    Tech View: Nifty forms bearish candle, needs to surpass 9,921

    Despite some recovery, the Nifty index failed to surpass a big negative candle of 9,921-9,714.

    Markets may fall on weak global cues

    Analysts said the turbulence overseas does not bode well for India.

    Linking lending rates to market is a positive step: Shailendra Jhingan CEO, ICICI Securities Primary Dealership

    Jhingan says the asset side of bank balance sheets cannot be looked at in isolation.

    The Economic Times