Markets & Investing News Update
arrow IPOs show no capex revival, fresh issue at Rs 2,663 crore for FY 2018-19
  Fresh issue component in total fund below 20% for a second year in a row
arrow Jewellery buyers defer purchases as gold hits all-time high on global cues
  Footfalls drop sharply at retail outlets in Mumbai, as customers expect price fall in the days to come
arrow Market Wrap: Sensex jumps 404 pts, ends 9-day losing streak; IT, banks gain
  The frontline indices ended over 1 per cent higher, snapping their 9-day losing streak, led by gains in information technology (IT), financials and metal stocks.
arrow Page Industries slips 16% in a week post Q3 result; stock nears 52-week low
  The stock slipped 5% to Rs 20,414, falling 16% in the past one week post-Q3 result. It was trading close to its 52-week low of Rs 20,102 touched on March 7, 2018, on the BSE.
arrow Reliance Communications erodes 95% of shareholder wealth since listing
  At 11:58 am, Reliance Communications, once a flagship company of the group, was trading near its face value of Rs 5 on the National Stock Exchange (NSE) at Rs 5.60 apiece, down 6.67 per cent
arrow Exide Industries hits 52-wk low; down 28% in two months on weak Q3 results
  The stock hit a 52-week low of Rs 195, down 5 per cent on the BSE in intra-day trade on Wednesday in an otherwise firm market.
arrow ADAG stocks tumble post SC verdict; stay away from them for now: Experts
  The apex court has also imposed a fine of Rs 1 crore each on them, if not deposited within a month they will have to serve one month in jail.
arrow Oil and gas exploration stocks gain; Duke Offshore hits 20% upper circuit
  Shares of oil and gas exploration companies rose as much as 20% in intra-day trade on Wednesday as the government decided to offer bigger oil and gas areas currently under PSUs to the private sector.
arrow Aavas Financiers hits new high; surges 35% in three months
  The stock rose 3% to hit a new high of Rs 930, its highest level since listing on October 8, 2018.
arrow PNC Infra, Sadbhav: 5 road construction stocks IDBI Capital is betting on
  The fact that construction companies are fully dependent on government for orders makes it an important event for companies in the road construction segment from order book / revenue perspective.
arrow Rupee opens 5 paise higher at 71.29 against US dollar as oil prices slip
  The domestic unit weakened by 11 paise to end at 71.34 against the greenback on Monday, amid firming crude oil prices and persistent foreign fund outflows.
arrow Real estate stocks, GMR Infra, Nalco and YES Bank top stocks to track
  Here's a look at the top stocks that may remain in focus today -
arrow MARKET WRAP: Sensex jumps 404 pts, ends 9-day losing streak; IT, banks gain
  All that happened in markets today
arrow Market Ahead, Feb 20: GST Council meeting, US-China trade talks eyed
  Investors on Wednesday are likely to keep an eye on the 33rd GST Council meeting, due later in the day.
arrow Top trading ideas by Prabhudas Lilladher: Buy Sterlite Tech, REC
  Nifty outlook and top trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.
arrow Technical calls from HDFC Securities: Sell MCX, Repco Home Finance
  Nifty outlook and top trading ideas by Vinay Rajani - Technical Analyst, HDFC Securities.
arrow Today's picks: From NTPC to UPL, hot stocks to buy on Wednesday
  For NTPC keep a stop at Rs 136 and go short. Add to the position between Rs 131 and Rs 132. Book profits at Rs 130.
arrow Blockchain technology to help verify natural diamonds
  Scientists have developed a new method based on blockchain technology to help verify and trace natural diamonds, and fully guarantee their authenticity. In a situation where natural, synthetic and fake stones exist in the diamond market, the system could protect the financial assets of market participants, said researchers from the National University of Science and Technology in Russia. The modern diamond industry is undergoing a period of global restructuring, they said. This expansion is explained by scientific achievements that are pushing for an increase in diamond volumes for potential applications, both for jewelery and industry. Modern synthetic diamonds are almost as good as natural diamonds in terms of quality and chemical composition. With these trends, gemologists often cannot distinguish a good synthetic diamond from a natural one. Taking into account the growth of the market and the multiple possible diamond origins, the guarantee of authenticity is becoming crucial. A ..
arrow Emami stock rises 13% after promoters sell 10% stake to pare debt
  The share sale took place on the stock exchange platform and SBI Mutual Fund, Premji Invest, Amundi, IDFC and L&T Mutual Fund were among the buyers
arrow YES Bank denies wrongdoing, says disclosure in line with guidelines
  On February 14, the private lender had disclosed that the RAR had not found any divergence in asset classification and provisioning for 2017-18
arrow Sensex, Nifty end lower for ninth straight session; TCS, Infosys fall
  Fears that India may escalate its response to a deadly attack on a CRPF convoy last week and uncertainty over the outcome of the national elections also weighed on sentiment
arrow Technology funds high on rupee slide, global IT services growth
  For a one-year period, these funds have returned 16.8 per cent, beating other sectoral funds comfortably
arrow Adivasis, farmers in Maharashtra planning to march from Nashik to Mumbai
  The march will commence on Wednesday from Mumbai Naka in central Nashik and reach Mumbai on February 27
arrow Sugar stocks surge after hike in MSP; operating margins may jump 3-4%
  Even sugar price in Mumbai wholesale market jumped to Rs. 3,229 per quintal and was quoted at 4 per cent premium to MSP
arrow Iron ore output likely to hit record 225 million tonnes in FY20
  Merchant producers in Odisha accelerating production with lease lapsing by March 2020
arrow Market Wrap: Sensex drops 423 points from day's high to close at 35,353
  The benchmark indices pared their day's gains and closed nearly half a per cent lower on Tuesday led by a fall in TCS, Infosys, RIL and HDFC twins.
arrow SpiceJet offers valuation comfort; best play among aviation stocks: Experts
  At the bourses, Jet Airways, InterGlobe Aviation and SpiceJet have underperformed the benchmark S&P BSE Sensex so far in FY19.
arrow Voltas, GSK Consumer: 5 stocks that can slip 10% from the current levels
  GlaxoSmithKline Consumer Healthcare, Monsanto Limited, Ge T&D India Ltd, Tata Elxsi and Voltas are among the few stocks in the S&P BSE 500 index can see more sell-off, technical charts suggest.
arrow Kaveri Seed extends fall on weak Q3 results; slips 8% to hit 52-week low
  The stock was down 8% at Rs 431 on the BSE, falling 16 per cent in past four sessions, after the company reported 33% YoY decline in net profit at Rs 3.65 crore in Q3FY19.
arrow Varun Beverages up 4% on bagging rights to sell PepsiCo drinks across India
  Shares of Varun Beverages rose as much as 3.78 per cent to Rs 802.05 apiece on the BSE in the intra-day trade, as it bagged the contract to bottle and distribute PepsiCo drinks across India.
arrow IL&FS Engineering, Punj Lloyd among 314 stocks trading below face value
  Reliance Communication (RCom) hit a new low of Rs 4.85 and slipped below its face value of Rs 5 per share on February 6, 2019
arrow Emami surges 15% after promoters sell 10% stake to pare debt
  The stock surged 15 per cent to Rs 407 on the BSE after the promoters of the personal products company divested 10 per cent stake in the company for Rs 1,600 crore to reduce the debt.
arrow Sensex breaks longest losing streak since 2013 on RBI cash boost to govt
  But looking beyond this event, election is the biggest factor as the nation stares at an uncertain outcome, say experts
arrow 9 Nifty500 stocks that can rally from the current levels as per MACD levels
  DBL, Oberoi Realty, Bandhan Bank, YES Bank, SUN TV, Muthoot Finance, DCM Shriram Future Consumer and Phoenix Ltd can gain ground over the next few sessions, charts indicate
arrow Balrampur Chini extends gain on strong Q3 result; stock hits 52-week high
  The stock hit a 52-week high of Rs 124, up 3%, gaining 22% in the past two weeks after Q3 net profit almost doubled to Rs 120 crore.