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Pritesh Mehta of IIFL has buy call on Havells India with a target price of Rs 503.

Pritesh Mehta recommended to keep stoploss at Rs 460.

cent contributed Gupta Havells India Kumar Mr quarter Rs Rs crore sales

 

Pritesh Mehta of IIFL has buy call on Adani Enterprises with a target price of Rs 155.

Pritesh Mehta recommended to keep stoploss at Rs 136.

Adani cent contributed enterprises Mr Pritesh quarter Rs Rs crore sale

 

Moderate earthquake shakes central Oklahoma [0.00]

Posted on Aug. 3, 2017, 7:29 a.m. by Distressed Volatility @ [source]

Power outages were reported in Edmond, city officials said on Twitter.

 

Gen. Jack Keane (Ret.

 

Manas Jaiswal of manasjaiswal.com has buy call on Titan Company with a target price of Rs 569.

Manas Jaiswal recommended to keep stoploss at Rs 544.

cent contributed Rs Jaiswal Manas market Mr quarter Rs crore sales Titan

 

I bought two banks earlier this year, SB Financial (NASDAQ:SBFG) and Clarkston Financial (OTCPK:CKFC). Eventually insiders bought shares, the bank recovered, and the stock has rallied from $3 to $17 over the past 5 years.

bank CKFC deposit financial interest loan rate SBFG small stock

 

Pritesh Mehta of IIFL has sell call on Union Bank of India with a target price of Rs 140.The current market price of Union Bank of India is 145.6.Time period given by analyst is intraday when Union Bank of India price can reach defined target.Pritesh Mehta recommended to keep stoploss at Rs 155.Union Bank of India, incorporated in the year 1919, is a banking company (having a market cap of Rs 10315.05 crore).Union Bank of India key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 22943.10 crore to Sales Value (70.24 per cent of Total Sales), Income From Investment which contributed Rs 8695.10 crore to Sales Value (26.62 per cent of Total Sales), Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 880.54 crore to Sales Value (2.69 per cent of Total Sales) and Interest which contributed Rs 141.25 crore to Sales Value (0.43 per cent of Total Sales)for the year ending 31-Mar-2017.The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 33712.28 crore (11.17 per cent of total assets) and Net Non Performing Assets (Net NPAs) of Rs 18832.10 crore (6.57 per cent of total assets).For the quarter ended 31-03-2017, the company has reported a Standalone Interest Income of Rs 5668.69 crore, down .44 per cent from last quarter Interest Income of Rs 5693.86 crore and down 2.38 per cent from last year same quarter Interest Income of Rs 5807.16 crore.

assets Bank India cent contributed income interest quarter Rs crore sales Union

 

Lesser-known names often do wonders on Dalal Street . Nearly 50 stocks , which are trading below Rs 10, have surged up to 730 per cent this calendar year till August 2.Before you read further, here is a disclaimer: Being penny stocks , these businesses need to be studied closely before you decide to bet on them.The top performer on the list is Padmalaya Telefilms .

calendar cent net promoter reported Rs Rs crore share stock surged

 

Nirmal Bang Securities has buy call on Lyka Labs with a target price of Rs 70.

Nirmal Bang Securities recommended to keep stoploss at Rs 58.

Bang cent contributed Rs Lyka Labs Mr Nirmal quarter Rs crore sales Securities

 

BMW sees profit rise 7 percent on new 5-Series sedan [0.24]

Posted on Aug. 3, 2017, 6:53 a.m. by Finance @ [source]

German luxury automaker BMW AG says net profit rose 14 percent in the second quarter as earnings were boosted by the new version of the 5-Series sedan.

Electric cars remain a small part of the market but automakers say they will become increasingly important as battery range improves.

automaker battery BMW cars earnings electric euros profit quarter rose

 

NEW DELHI: Nifty Metal index extended its losses for the second session as it was trading 52 points lower at 3,231 around 12 pm (IST) in Thursday's trade with shares of Jindal Steel & Power (down 6.19 per cent) as the top loser.Notably, the scrip had hit 52-week high of 159.40 on Wednesday, 2 August 2017.Other metal stocks such as National Aluminium Company (down 3.52 per cent), Orissa Minerals Development Company (down 3.15 per cent), Hindalco Industries (down 2.70 per cent), Steel Authority of India (down 2.37 per cent) and Coal India (down 2.33 per cent) cracked over 2 per cent in today's trade so far.Among other sectoral indices on NSE , pharma index was gaining while others were trading low. Aurobindo Pharma (up 2.04 per cent) was among the top gainers in the Nifty50 pack as well.Benchmark Nifty50 index was 36 points lower at 10,046, while the 30-share Sensex was 142 points down at 32,334 around 12 pm (IST).In the Nifty50 pack, 21 stocks were trading in green, while 30 stocks were in red.On BSE, 885 stocks were advancing whereas 1,423 stocks were lagging.

cent index IST lower metal Nifty50 pm stocks trade trading

 

The benchmark S&P BSE Sensex, on the other hand, was down 0.4% or 129 points at 32,344 at 12:03 pm.RIL hits a new high of Rs 1,645, up 1% on BSE in intra-day trade, extending its 6.5% gain in past two weeks. With a backdrop of such strong performance along with scale up new projects in the core businesses and tremendous value creation potential of its telecom business, analysts at IIFL Wealth Management maintain ‘buy’ rating with upward revision in estimates and target price of Rs 2,000.moved higher to its record high of Rs 224, up 4%, extending its Wednesday’s 5% surge on BSE, after the company reported 41% year-on-year (YoY) jump in net profit at Rs 196 crore in June quarter (Q1FY18).

BSE day extending intra net NPLs quarter Rs trade year

 

Auto and stocks have caught investor's attention offlate, with the Nifty Auto index ruling at its all-time high levels.

Leader in passenger car segment, Maruti Suzuki, recorded 22% sales growth in the July 2017, while others too reported better-than-expected numbers as automakers restocked inventories at dealerships ahead of early festive season this year.

ahead analysts auto growth index July Nifty sales segment stocks

 

NEW DELHI: Sun TV’s Kalanithi Maran has gone through a roller-coaster ride in last few years; first his company got entangled in the 2G scam and then he burnt a lot of money trying to foray into aviation by buying out SpiceJet Blessings have finally come in a surprise package. The midcap rally this year that pushed the combined market value of the 84 stocks in the BSE Midcap index above Rs 19,00,000 crore has added billions to Maran’s wealth Shares of Sun TV have jumped over 58 per cent this year.

Bajaj cent holding Maran midcap Piramal promoter Rs crore stock wealth

 

TOKYO: Japan's Nikkei share average fell on Thursday as investors wasted little time taking profits in tech shares which rallied the previous day on Apple 's strong quarterly earnings.The Nikkei ended 0.3 per cent lower at 20,029.26 points. But other tech stocks such as Applied Materials fell, while Philadelphia SE Semiconductor Index dropped 0.7 per cent.

cent fell investors Japan Nikkei taking tech Thursday Tokyo wasted

 

The curse of the developed world central banks -- low inflation -- is turning out to be the boon for emerging markets , and their bonds That’s making things very different for the asset class compared with past cycles of Federal Reserve interest-rate increases. Peru, which had hyperinflation in excess of 1,000 per cent at one point in the 1980s, saw prices rise just 2.9 per cent last month.The pattern has widened the gap between real central bank policy rates in emerging markets -- which are adjusted for inflation -- and those in the biggest developed nations to almost 4 per centage points as of June, according to the Oxford Economics research group.

bonds cent central bank developed emerging market Fed hike inflation making rate

 

The U.S. Consumer Financial Protection Bureau said on Wednesday it had ordered JPMorgan Chase & Co to pay $4.6 million for allegedly failing to make sure it reported accurate information for checking account screening reports.

The reports are used to determine who can open a bank account, and without having legally required processes to check the information it provided, the bank kept customers in the dark about why their applications were denied, CFPB Director Richard Cordray said in a statement.

bank Bureau CFPB Chase consumer financial ordered protection reports Wednesday

 

NEW DELHI: While other sectoral indices were reeling under selling pressure, Nifty Pharma index emerged as the solitary gainer on NSE in Thursday's trade around 11.15 am (IST) with shares of Lupin (up 2.18 per cent) trading at the top in the index, remaining insulated to a 59.40 per cent year-on-year (YoY) drop in consolidated net profit for the June quarter, as it reported on Wednesday.Other pharma stocks such as Aurobindo Pharma (up 1.62 per cent), Divi's Laboratories (up 1.56 per cent), Cadila Healthcare (up 1.33 per cent), Piramal Enterprises )up 1.11 per cent) and Glenmark Pharmaceuticals (up 1.02 per cent) also registered significant gains.The Nifty Pharma index was trading 101 points higher at 9,555 around the same time, with GlaxoSmithKline Pharmaceuticals (down 0.83 per cent) as the lone loser.Broader indices appeared vanquished as the RBI's 25 bps rate reduction did little to lift spirits amid a weak Asian trade.Benchmark Nifty50 index was trading 46 points lower at 10,035, while the 30-share Sensex was 158 points down at 32,318 around 11.15 am (IST).In the Nifty50 pack, 19 stocks were trading in green, while 32 stocks were in red.On BSE, 796 stocks were advancing whereas 1,414 stocks were lagging.

cent index indices IST Nifty Pharma stocks trade trading year

 

Magma Fincorp hits record high post Q1 results [0.08]

Posted on Aug. 3, 2017, 6:02 a.m. by Markets @ [source]

Gross NPA and Net NPA stood at 6.7% and 5.6%, respectively, as on Q4FY17.“Despite first quarter being seasonally weak for the industry, the NNPA of the company has marginally reduced as against the normal trend of increase in first quarter of past years. The company is confident that the asset quality will continue to improve during the year resulting in lower credit losses and interest income reversal,” said in a statement.With the likely improving macro fundamentals of the Indian rural economy due to normal monsoons and increased expenditure by government in rural India, the company expects to end the year with positive AUM growth and with a significantly better asset quality, it added.

asset gross net normal NPA Q4FY17 quality quarter rural stood