Moneycontrol Buzzing Stocks
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GainersLosers: 10 stocks that moved the most on October 26
GainersLosers: 10 stocks that moved the most on October 26
All sectoral indices ended in the red, with the Nifty auto and metal indices shedding more than 3 percent each. The BSE midcap and smallcap indices fell 0.9-1.8 percent.
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Sunil Singhania#39;s Abakkus makes fresh buying in 3 stocks, ups stake in 7 in September quarter
Sunil Singhania#39;s Abakkus makes fresh buying in 3 stocks, ups stake in 7 in September quarter
Abakkus Growth Fund-1 reduced stake in Balrampur Chini Mills and Ugro Capital.
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Muthoot Finance to raise Rs 2,000 crore through secured NCDs; shares trade in the red
Muthoot Finance to raise Rs 2,000 crore through secured NCDs; shares trade in the red
The company has announced its 23rd series of public issue of secured redeemable non-convertible debentures (NCDs) of the face value of Rs 1,000 each.
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JSW Steel share price slips over 4% post Q2 numbers; Credit Suisse downgrades
JSW Steel share price slips over 4% post Q2 numbers; Credit Suisse downgrades
The company consolidated net profit fell 37.1 percent YoY at Rs 1,595 crore against Rs 2,536 crore in the same quarter last year.
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Alembic Pharma share price slips 2% despite FDA nod for glaucoma drug
Alembic Pharma share price slips 2% despite FDA nod for glaucoma drug
Alembic has a total of 134 ANDA approvals (117 final and 17 tentative) from the US drug regulator.
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IndusInd share price rises as bank denies merger reports
IndusInd share price rises as bank denies merger reports
The promoter has positively intervened to support and improve the financial position of the bank and would continue to support its initiatives to grow inorganically, the bank said in a BSE filing.
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D-Street Buzz: Metal stocks trade lower - JSPL, Tata Steel, Hindalco down 2-3%; CLSA retains sell on JSW Steel
D-Street Buzz: Metal stocks trade lower - JSPL, Tata Steel, Hindalco down 2-3%; CLSA retains sell on JSW Steel
The metal index was down over a percent dragged by JSW Steel and Jindal SteelPower which shed 3 percent each followed by Hindustan Zinc, Tata Steel and Welspun Corp.
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Aurobindo Pharma share price rises 4% as subsidiary sells business assets
Aurobindo Pharma share price rises 4% as subsidiary sells business assets
Jefferies served as the sole financial adviser and SullivanCromwell LLP acted as legal counsel to Aurobindo.
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Arbitrator puts Reliance Retail-Future deal on hold, RIL share price trades lower
Arbitrator puts Reliance Retail-Future deal on hold, RIL share price trades lower
The share touched its 52-week high Rs 2,368.80 and 52-week low Rs 867.45 on September 16, 2020 and March 23, 2020, respectively.
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Yes Bank share price gains after bank reports profit of Rs 129 crore in Q2
Yes Bank share price gains after bank reports profit of Rs 129 crore in Q2
The private sector lender reported profit at Rs 129.4 crore for September ended quarter 2020, against loss of Rs 600 crore in year-ago period.
MC Brokerage Recos
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Buy Subros; target of Rs 310: HDFC Securities
Buy Subros; target of Rs 310: HDFC Securities
HDFC Securities is bullish on Subros has recommended buy rating on the stock with a target price of Rs 310 in its research report dated October 24, 2020.
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Buy Mphasis; target of Rs 1655: HDFC Securities
Buy Mphasis; target of Rs 1655: HDFC Securities
HDFC Securities is bullish on Mphasis has recommended buy rating on the stock with a target price of Rs 1655 in its research report dated October 23, 2020.
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Buy Tech Mahindra; target of Rs 940: HDFC Securities
Buy Tech Mahindra; target of Rs 940: HDFC Securities
HDFC Securities is bullish on Tech Mahindra has recommended buy rating on the stock with a target price of Rs 940 in its research report dated October 23, 2020.
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Buy Atul; target of Rs 7500: Anand Rathi
Buy Atul; target of Rs 7500: Anand Rathi
Anand Rathi is bullish on Atul has recommended buy rating on the stock with a target price of Rs 7500 in its research report dated October 25, 2020.
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Buy Polycab, India; target of Rs 1228: Anand Rathi
Buy Polycab, India; target of Rs 1228: Anand Rathi
Anand Rathi is bullish on Polycab, India has recommended buy rating on the stock with a target price of Rs 1228 in its research report dated October 25, 2020.
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Reduce Nestle India; target of Rs 14,080: HDFC Securities
Reduce Nestle India; target of Rs 14,080: HDFC Securities
HDFC Securities recommended reduce rating on Nestle India with a target price of Rs 14,080 in its research report dated October 23, 2020.
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Hold Ambuja Cement; target of Rs 262: Arihant Capital
Hold Ambuja Cement; target of Rs 262: Arihant Capital
Arihant Capital recommended hold rating on Ambuja Cement with a target price of Rs 262 in its research report dated October 26, 2020.
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Buy Sterlite Technologies; target of Rs 191: KRChoksey
Buy Sterlite Technologies; target of Rs 191: KRChoksey
KRChoksey is bullish on Sterlite Technologies has recommended buy rating on the stock with a target price of Rs 191 in its research report dated October 23, 2020.
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Buy Bajaj Finserv; target of Rs 8203: KRChoksey
Buy Bajaj Finserv; target of Rs 8203: KRChoksey
KRChoksey is bullish on Bajaj Finserv has recommended buy rating on the stock with a target price of Rs 8203 in its research report dated October 23, 2020.
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Accumulate Colgate Palmolive (India); target of Rs 1622: KRChoksey
Accumulate Colgate Palmolive (India); target of Rs 1622: KRChoksey
KRChoksey recommended accumulate rating on Colgate Palmolive (India) with a target price of Rs 1622 in its research report dated October 23, 2020.
ET Markets
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Sashidhar Jagdishan to take charge as MD & CEO of HDFC Bank from Tuesday
Sashidhar Jagdishan to take charge as MD & CEO of HDFC Bank from Tuesday
Sashidhar Jagdishan will replace India's longest-serving bank CEO, Aditya Puri, who retired on Monday.
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Tata Motors Q2 preview: Co to bleed money dragged by JLR volume loss
Tata Motors Q2 preview: Co to bleed money dragged by JLR volume loss
Despite a late rally in auto stocks, shares of Tata Motors have delivered negative returns in 2020.
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Gold slips on strong dollar, US stimulus doubts
Gold slips on strong dollar, US stimulus doubts
"There seems to be a lack of impetus to find extra buyers (for gold)... A lot of it is because we're trading in the looming shadow of the U.S. elections and stimulus speculation," said IG Markets analyst Kyle Rodda.
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Share trading in Europe set to be fragmented by Brexit
Share trading in Europe set to be fragmented by Brexit
Large chunks of cross-border share trading are currently done on platforms in London, but Britain's unfettered access to the bloc ends on Dec. 31.
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Paytm Money launches ETFs, targets 1 lakh investors in 12-18 months
Paytm Money launches ETFs, targets 1 lakh investors in 12-18 months
The platform's interactive interface helps to track the price changes in the preferred ETFs and allows users to also set a price alert.
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Trade Setup: Nifty may see a mild technical rebound, but remains vulnerable to profit booking
Trade Setup: Nifty may see a mild technical rebound, but remains vulnerable to profit booking
The market may see a shaky start on Tuesday with the levels of 11,810 and 11,875 acting as resistance points.
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Oil drops on rising virus cases, increasing Libyan output
Oil drops on rising virus cases, increasing Libyan output
The rising number of cases "not only highlight the risks posed by immediate transport restrictions, but also dampen long-term demand expectations," said Commerzbank analyst Eugen Weinberg.
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Dow Jones opens lower as virus cases surge, stimulus doubts weigh
Dow Jones opens lower as virus cases surge, stimulus doubts weigh
The Dow Jones Industrial Average fell 418.75 points, or 1.48%, at the open to 27,917.14.
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Do not expect renewed oil collapse: OPEC chief
Do not expect renewed oil collapse: OPEC chief
OPEC's Mohammad Barkindo was giving a speech at the virtual India Energy Forum by CERAWeek.
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Jack Ma’s Ant seeks to raise $35 billion in biggest-ever IPO
Jack Ma’s Ant seeks to raise $35 billion in biggest-ever IPO
The company may raise another $5.17 billion if it exercises it Hong Kong and Shanghai green shoe options. That would give Ant a valuation of about $320 billion, making it bigger than JPMorgan Chase & Co. and four times larger[…]
ET Expert Views
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How investors can benefit from 'China plus one' strategy
How investors can benefit from 'China plus one' strategy
'We have had more than the usual churn in our portfolios'
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Investment will move from debt to equity over near to medium term
Investment will move from debt to equity over near to medium term
12-13% returns are reasonable expectation from the indian equity market over next 3-4 years, says jitendra gohil.
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LIC trying to make up for drop in G-sec returns with equity gains
LIC trying to make up for drop in G-sec returns with equity gains
On investment income, interest income on our investments alone has crossed another Rs 1 lakh crore, says Vipin Anand
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This fund manager says large private banks are still best among financials
This fund manager says large private banks are still best among financials
Private sector banks are the way to go and among them, the large private sector banks will reap disproportionate benefits in any period of crisis, says Vinay Sharma.
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How Yes Bank recovery accelerated during Covid
How Yes Bank recovery accelerated during Covid
In the coming quarters, we are going to see much better performance in terms of operating profit, says Prashant Kumar
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Why Uday Kotak is unlikely to acquire IndusInd Bank
Why Uday Kotak is unlikely to acquire IndusInd Bank
A merger would get Kotak a significant amount of deposit franchise and lending franchise in some segments where they have not preferred to be, says Sandip Sabhrwal.
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Future, Amazon and Reliance will sort out issues as soon as possible
Future, Amazon and Reliance will sort out issues as soon as possible
Amazon possibly will just want its investment back with a certain amount of profit, says HP Ranina
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Auto looks like a solid rebound trade now
Auto looks like a solid rebound trade now
Auto ancillaries hold a lot of promise. We will look for opportunities there, says Daljeet Singh Kohli.
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Betting on festive demand? Go for these 2 NBFCs
Betting on festive demand? Go for these 2 NBFCs
Post HDFC commentary, the entire financial pack, the entire banking set looks interesting.
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Wait for dips to get into IT, pharma & chemicals
Wait for dips to get into IT, pharma & chemicals
The indecisiveness will continue in November. People will remain optimistic but on some negative news, there will be a cut and suddenly the volatility will increase, says Daljeet Singh Kohli
