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Sugar stocks jump up to 10% on news of output cut

Price as on 19 Feb, 2019 12:20 PM, Click on company names for their live prices.

From India, EM funds are reallocating to China, Brazil & Turkey: Adrian Mowat

145 stocks hit 52-week lows on NSE

Around 145 stocks fell to touch their 52-week lows on NSE in Tuesday’s session. Among the stocks that touched their 52-week lows were Ashapura Intimates Fashion, Arvind, Bal Pharma, BF Investment, Cera Sanitaryware and LT Foods. DCM, Dena Bank, Prataap Snacks, Gayatri Projects, IDFC and JK Tyre & Industries also featured among the stocks that touched their 52-week lows on NSE.

145 stocks hit 52-week lows on NSE

Graphite India slips 3% as KSPCB orders shutdown of Bengaluru plant

Graphite India shares slipped 3 per cent on Tuesday morning after Karnataka State Pollution Control Board (KSPCB) issued directions to close the company’s manufacturing operations at Whitefield, Bengaluru plant. In order to comply with KSPCB’s order, the company has commenced stoppage of graphite furnaces in a phased manner as if the furnaces are stopped abruptly, there is a chance of a potential hazard of unforeseen accidental explosions due to the high temperatures in the furnaces.

CARE cuts Tata Motors debt rating

CARE cuts Tata Motors debt rating

The overall earnings season has remained good. Financials have definitely performed well. Insurances have been confirming that they want to grow at 20-25% rate of growth. We feel confident that going forward, select autos, select finance companies, insurance companies and some of the industrial contributors in the engineering and equipment side will continue to do well.

– Deven Choksy

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Tweaks in MOSL’s model portfolio

  • Raised weights on Maruti, Axis Bank, LIC Housing Finance
  • Introduced Brigade

We continue liking Corporate Banks, Consumer, IT and Auto (4W). Correction in mid-caps offers a good opportunity for bottom-up idea selection across sectors

These stocks can multiply your wealth

63 Moons Technologies shares surge 10%

Shares of 63 Moons Technologies surged 10 per cent in morning trade on Tuesday. Yesterday, the company had announced plans of filing a legal suit against Congress leader P Chidambaram and two civil servants.

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As per a report from PTI, 63 Moons Technologies Monday said it has served legal notices to Congress leader P Chidambaram and two civil servants informing them of the company’s intention to move court to seek damages worth Rs 10,000 crore in connection with the NSEL scam.

Grasim shares edge higher after co inks pact to acquire chlor-alkali business of KPR Industries

Grasim shares edge higher after co inks pact to acquire chlor-alkali business of KPR Industries

Emami shares jump 5% on move to pare debt

Shares of FMCG player Emami jumped 5 per cent in early trade on Tuesday after the promoters of the company sold 10 per cent stake on Monday to pare company’s debt. <br /> <br />Emami Group promoters on Monday sold 10 per cent stake in the FMCG flagship Emami in a block deal to raise Rs 1,600 crore from a group of investors which includes SBI Mutual Fund, PremjiInvest, Amundi, IDFC and L&T Mutual Fund amongst others which will help reduce promoter debt, an ET report said. <br />

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Check out the most active stocks on NSE

Price as on 19 Feb, 2019 09:34 AM, Click on company names for their live prices.

OPENING BELL: Sensex gains 50 pts, Nifty50 above 10,650; Emami jumps 4%, 63 Moons 3%

OPENING BELL: Sensex gains 50 pts, Nifty50 above 10,650; Emami jumps 4%, 63 Moons 3%

Pre-open session: Sensex rises 100 points, Nifty tests 10,600

Pre-open session: Sensex rises 100 points, Nifty nears 10,600; Money market shut on account of Chatrapati Shivaji Jayanti.

Singapore trading sets stage for a positive start

Nifty futures on the Singapore Exchange were trading 23.50 points, or 0.22 per cent, higher at 10,676.50, indicating a positive start for the Nifty50.

Tech view: Weakness may persist

Nifty50 fell below the 10,650 mark on Monday, slipping from the 11,000 level in seven days of straight fall. This level was important, as the index had defended it on a closing basis on many occasions since December. With Monday’s fall, the index has also broken below its multi-week Ending Diagonal Triangle pattern on a closing basis. Analysts said selling pressure may intensify if the index fails to respect the 10,600-580 range.

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China-US trade talks begin today

A new round of talks between the United States and China to resolve their trade war will take place in Washington on Tuesday, with follow-up sessions at a higher level later in the week, the White House said on Monday.

Need tax cuts to relieve economy: China’s Vice Premier

China’s decision to cut company taxes and fees is an important part of fiscal policy and is a hard-hitting measure needed to cope with pressure on the economy, state media reported Vice Premier Han Zheng as saying. He made the comments on Tuesday during a visit to the State Administration of Taxation, the official People’s Daily newspaper reported.

Asian shares trade around 4-month highs

Asian shares hovered near a four-month peak on Tuesday, supported by hopes that Sino-U.S. trade talks were making positive progress and expectations of policy stimulus from central banks, Reuters reported. MSCI’s broadest index of Asia-Pacific shares outside Japan was little changed in early trade, staying near Wednesday’s four-month peak while Japan’s Nikkei was almost flat.

Oil prices hit 3-month highs

US oil prices hit a three-month high on Tuesday, buoyed by production cuts led by the Organization of the Petroleum Exporting Countries, Reuters reported. US WTI crude futures were at $55.95 per barrel, up 36 cents, or 0.7 per cent, from their last settlement, Reuters reported.

US markets shut overnight

While investors were without any firm directional cues with US markets shut on Monday for public holiday, sentiment remains broadly buoyant with the STOXX 600 index of European shares hitting four-month highs, reuters reported.

FM for a few, big banks

Finance minister Arun Jaitley called for further consolidation of India’s banking industry, saying the country needs fewer, stronger mega lenders to exploit economies of scale. He also dismissed fiscal concerns over welfare programmes announced in the interim budget. All such schemes have a cost, but there has been reasonably high growth in revenue in the last five years as well, the finance minister told reporters.

Three in race for GVK airport stake

Spanish conglomerate Ferrovial, sovereign wealth fund Abu Dhabi Investment Authority (ADIA) and Canadian pension fund PSP have submitted final bids for investing in GVK Power and Infra’s airport holding company, said several people with knowledge of the matter.

Emami promoters sell 10% stake

Emami Group promoters on Monday sold 10% stake in the FMCG flagship Emami Ltd in a block deal to raise ₹1,600 crore from a group of investors which includes SBI Mutual Fund, PremjiInvest, Amundi, IDFC and L&T Mutual Fund amongst others which will help reduce promoter debt.

RBI rap on YES Bank confuses bankers

Bankers are flummoxed by RBI’s warning to Yes Bank for making public its zero divergence in NPAs in the fiscal 2018. The RBI’s harsh view of Yes Bank’s move has confused lenders on whether it is a good practice to disclose NPA divergence, even though regulatory guidelines make it compulsory to disclose it in their notes to accounts.

DIIs buy Rs 2,337 crore worth of equities

Foreign portfolio investors (FPIs) sold Rs 1,240 crore worth of domestic stocks on Monday, data available with NSE suggested. DIIs were net buyers to the tune of Rs 2,337 crore, data suggested.

Sensex on Monday

Monday was the eighth straight day of loss for BSE barometer Sensex, which tanked 311 points, or 0.87 per cent, to 35,498. NSE’s Nifty settled lower by 0.78 per cent, or 83 points, at 10,641.

Good Morning, dear reader! Here’s something to kickstart your trading day

Good Morning, dear reader! Here's something to kickstart your trading day





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