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Don't fall for GCPL's valuation, wait for good growth outlook: Analysts

Though the stock currently trades at its five-year historical average, investors should await improvement in growth prospects, say analysts

Cotton prices start rising on monsoon-led crop damage, pink bollworm attack

Rising cotton prices are likely to compund the woes of spinning mills, which have been facing weak demand from China and Bangladesh, which buy over 75 per cent of India's cotton yarn

Icra sees FY20 steel demand growth shrinking to 5-6% from 7.9% in FY19

Industry's total debt/OPBITDA seen at 4.5 times in FY20 vs 3.5 times in FY19

Market Wrap, Sept 18: Sensex gains 83 pts, Nifty ends at 10,841

Market breadth remained in favour of advances as out of 2,642 companies traded on BSE, 1,248 gained and 1,236 slipped while 158 scrips remained unchanged

Avenue Supermarts regains Rs 1-trillion market cap, stock nears record high

In the past three months, Avenue Supermarts has outperformed the market by surging 26 per cent, as compared to a 6 per cent decline in the S&P BSE Sensex.

SAT gives four weeks to NSE, ex-officials to file reply in co-location case

NSE and the people punished, challenged the order at the SAT on May 21

Steel stocks gain as govt allows SAIL to sell iron ore from captive mines

The move by the ministry through two separate notifications on September 16 is seen as an effort to reduce concerns regarding the expiry of mines.

Indiabulls Real Estate nears three-year low; stock tanks 48% in two months

The stock slipped 7% to Rs 58 on Wednesday, and is trading at its lowest level since November 22, 2016 on the BSE.

IndiaMART InterMESH hits highest level since listing, zooms 51% in 3 weeks

The company had raised Rs 475-crore through initial public offering by issuing shares at Rs 973 per share

Auto stocks slide on report GST Council unlikely to back tax cut for sector

A government study has said the total annual revenue loss could be as much as Rs 50,000 crore if the panel decides to lower tax rates for the sector to 18 per cent from 28 per cent.

Leela Venture, TAJGVK rally up to 15% on reports GST Council may cut rate

Hotel Leela and TAJGVK Hotels were up 15 per cent and 11 per cent, respectively, while Royal Orchid Hotels, Oriental Hotels, EIH and Lemon Tree were up in the range of 3 to 5 per cent.

Bajaj Finance gains 3% as board approves raising Rs 8,500 crore via QIP

The approval, it said, is subject to shareholders' nod to be sought through a postal ballot.

Auto stocks, Bajaj Finance, Suntech Realty, oil-linked firms to watch today

Here's a look at the top stocks that may remain in focus today.

Oil extends losses after Saudi Arabia to restore output by end-September

Brent crude oil futures fell 36 cents, or 0.6 per cent, to $64.19 a barrel, after tumbling 6.5 per cent the previous session.

Market Ahead, September 18: All you need to know before the Opening Bell

investors would track the outcome of the US Federal Reserve's meeting that is scheduled to conclude later today

Nifty view and trading ideas by HDFC Securities: Buy Britannia, Finolex Ind

Here are the technical recommendations by Vinay Rajani, Technical & Derivatives Analyst, HDFC Securities.

Sebi bans Gautam Thapar, three others from markets over CG Power fraud

Sebi restrained three entities belonging to Thapar-led Avantha Group from diverting their money or disposing of their assets

India's mutual funds industry improves the global ranking on fees

The Morningstar's biennial study noted that the cost of investing in debt (fixed-income) funds was much cheaper than equity funds

Small towns contribute 15.3% to MF industry's assets under management

Over the past few years, markets regulator Sebi has been pushing asset management companies to reach out to small towns for increasing their assets base

WeWork delays IPO after frosty investor response: All you need to know

The US office-sharing start-up was getting ready to launch an investor road show for its IPO this week, before making the last-minute decision on Monday to stand down

Sebi's Ajay Tyagi to woo foreign portfolio investors amid bearish sentiment

Sebi Chairman Tyagi will meet foreign investors. The meeting comes at a time when FPIs have pulled out $5 billion from the domestic markets this quarter

From SBI MF to Aditya Birla Sun Life MF, top mutual funds bulk up on cash

Equity funds typically hold cash amounting to 1-5 per cent of the scheme's assets, and raise their cash exposure when they expect the market to fall

Sensex falls 642 pts, Nifty ends at 10,818 on oil crisis and global tension

Sensex down 642 points; rupee weakens against dollar; 10-yr bond yield inches up

India looking to raise oil imports from Russia after Saudi attacks: Pradhan

Saudi Arabia is the world's biggest oil exporter, and the second-largest supplier of crude to India after Iraq

Sebi seeks RBI help to attract corporate participation on comexes

Market regulators wants apex bank to ask lenders to make hedging of commodity price risk mandatory on domestic exchanges

In a first since 1998, NMDC and GJEPC to auction rough diamonds in Surat

Panna diamonds to be showcased first time ever at Surat International Diatrade Centre; stones weighing 24,000 carat in all, and valued at Rs 25 cr will be displayed between Sept 24-27

Market Wrap, Sept 17: Sensex slides 642 pts amid rise in oil prices

Sectorally, all the indices on the NSE ended in the red. Auto stocks slipped the most, followed by realty and PSU bank scrips

Fitch lowers 2019 average zinc price to $2,500 a tonne despite fundamentals

Ongoing US-China trade war weighing on prices even as production declines by 1.1% y-o-y in Jan-Jun, while consumption grows by 2.3% in the same period

Saudi crisis pushes India's fuel prices to highest level since Budget

There are expectations that the largest-ever disruption of crude production in Saudi Arabia may keep oil prices elevated in the near term

Why it may take a while before conversion of sugar into ethanol takes off

Storage issues, financial health of mills are seen as some of the immediate impediments to the process

Conversion of sugar into ethanol could take time to show results on ground

The 2019-20 sugar season starts from next month and the peak crushing will happen in the first five-six months

Kaveri Seed Company plans share buyback, stock gains 2%

So far in 2019, the agricultural product company has underperformed the benchmark Sensex by slipping 8 per cent year-to-date (YTD).

Vinati Organics hits new high in weak market, surges 33% from August low

On August 9, CARE Ratings upgraded the ratings of VOL's bank facilities with stable outlook

Tata Communications locked in 5% upper circuit as stock turns ex-spin off

The Board of Directors of Tata Communications had fixed Wednesday, September 18, 2019, as the record date for determining the shareholders who shall be eligible to receive the equity shares of HPIL.

STC, MMTC crash up to 18% on report govt plans to shut operations

The department of commerce may soon approach the cabinet with the proposal, as per the reports

Kaveri Seed Company gains 2% as board to consider share buyback proposal

So far in 2019, the agricultural product company has underperformed the benchmark Sensex by slipping 8 per cent year-to-date (YTD).

BSE SmallCap gains for 9th day in a row; Shankara Building up 73% in 2 wks

In the past two weeks, the S&P BSE Smallcap index has outpaced the market by surging 6 per cent, as compared to a 3 per cent rise in the S&P BSE Midcap and 1.3 per cent gain in the S&P BSE Sensex.

State Trading Corporation crashes 18% on report govt plans to shut ops

According to a separate report, MMTC (formerly Minerals and Metals Trading Corporation), will also be revamped

CG Power hits 5% upper circuit after KKR India picks up 10% stake

The scrips were bought at an average price of Rs 14.25 apiece, amounting to a total of Rs 89.31 crore.
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