Stock Market Today


 

NEW DELHI: Shares of Tata Motors (number of shares traded: 0.39 crore), Ashok Leyland (number of shares traded: 0.27 crore), PFC (number of shares traded: 0.25 crore), Punjab National Bank (number of shares traded: 0.24 crore), Vedanta (number of shares traded: 0.23 crore), State Bank of India (number of shares traded: 0.21 crore) and Hindalco Industries (number of shares traded: 0.20 crore) were trading as the most active stocks in terms of volume on NSE in Friday's early trade.Benchmark indices took a plunge on Friday morning following a sharp correction in US stocks overnight on escalating tension between the US and North Korea which had a ripple effect across Asian markets.The BSE Sensex plunged over 330 points to hit a low of 31195, before recovering a bit.Nifty too cracked over 100 points to hit a low of 9,704.Nifty50 index was trading 82 points lower at 9,738, while the 30-share Sensex was 295 points down at 31,236 around 9.50 am (IST).Only Nifty IT index was in green while all other sectoral indices were trading in red around the same time.Metal, pharma and metal stocks were losing in trade.In the Nifty50 pack, 4 stocks were trading in green, while 47 stocks were in red.On BSE, 274 stocks were advancing whereas 1,654 stocks were lagging.

bank BSE Friday indices Sensex shares traded stocks trade traded crore trading

 

The Securities and Exchange Board of India's (Sebi's) action of freezing trading in the shares of 331 so-called shell companies has hit hard. Several of the concerned corporates have gone to the Securities Appellate Tribunal (SAT) in appeal.

business charges companies concerned corporates investors market Sebi Shell trading

 

About two weeks ago, we said it was time to start buying beaten up athletic retailer Foot Locker (FL). FL stock has significant upside, even after the mini-rally shares have staged over the past 3 weeks.

Amazon athletic bullish FL stock Foot Locker note past retailer sentiment stock

 

You can switch off notifications anytime using browser settings.

 

Independent analyst Kunal Bothra has a buy call on ITC with a target price of Rs 285.The current market price of ITC is Rs 273.1.Time period given by analyst is intraday when ITC price can reach defined target.Kunal Bothra recommended to keep stoploss at Rs 260.ITC, incorporated in the year 1910, is a Large Cap company (having a market cap of Rs 3,31,875.63 crore) operating in Tobacco sector.ITC key Products/Revenue Segments include Cigarettes which contributed Rs 34,001.98 crore to Sales Value (61.32 per cent of Total Sales), Packaged Food Item which contributed Rs 8,036.41 crore to Sales Value (14.49 per cent of Total Sales), Agricultural Products which contributed Rs 3,534.95 crore to Sales Value (6.37 per cent of Total Sales), Paper & Paper Boards which contributed Rs 3,219.57 crore to Sales Value (5.80 per cent of Total Sales), Others which contributed Rs 2,462.16 crore to Sales Value (4.44 per cent of Total Sales), Tobacco Unmanufactured which contributed Rs 1,817.93 crore to Sales Value (3.27 per cent of Total Sales), Service (Hotel) which contributed Rs 1,329.25 crore to Sales Value (2.39 per cent of Total Sales), Printed Materials which contributed Rs 599.44 crore to Sales Value (1.08 per cent of Total Sales), Other Operating Revenue which contributed Rs 446.77 crore to Sales Value (0.80 per cent of Total Sales)for the year ending 31-Mar-2017.For the quarter ended 30-06-2017, the company has reported a Standalone sales of Rs 9,876.45 crore, down 11.23 per cent from last quarter Sales of Rs 11,125.54 crore and down .82 per cent from last year same quarter Sales of Rs 9,957.66 crore.Company has reported net profit after tax of Rs 2,560.50 crore in latest quarter. Company has Deloitte Haskins & Sells as its auditors.

analyst cent Sales contributed Rs ITC Kunal Mr quarter Rs crore sales Sales cent

 

You can switch off notifications anytime using browser settings.

 

Earlier this week, the Securities and Exchange Board of India Sebi ) directed exchanges to suspend trading in 331 listed companies, suspected of being "shell" entities. So the second stage not only involves a 5 per cent price band for shares, it also attracts an ASD of 100 per cent.In the third stage, buyers are allowed to trade in the security only once a week, i.e every Monday, apart from paying an ASD of 100 per cent on the traded value, whereas stage four attracts an ASD of 200 per cent.Similarly, in the fifth stage, in addition to an ASD of 200 per cent, trading is permitted only on the first Monday of a month.

ASD cent companies Exchange GSM Sebi Securities shares stage trading

 

Dr CK Narayan of Chart Advise has a sell call on Escorts with a target price of Rs 575.The current market price of Escorts is Rs 586.9.Time period given by analyst is intraday when Escorts price can reach defined target.Dr CK Narayan recommended to keep stoploss at Rs 595.Escorts, incorporated in the year 1944, is a Mid Cap company (having a market cap of Rs 7,194.04 crore) operating in Auto sector.Escorts key Products/Revenue Segments include Agricultural Tractor Self Propelled Harvester Incl. Rice Transplanter which contributed Rs 2,418.79 crore to Sales Value (68.07 per cent of Total Sales), Construction Equipment which contributed Rs 444.00 crore to Sales Value (12.49 per cent of Total Sales), Implements, Trailers, Compressor Accessories, Spares & Others which contributed Rs 227.64 crore to Sales Value (6.40 per cent of Total Sales), Others which contributed Rs 113.26 crore to Sales Value (3.18 per cent of Total Sales), Automobile Shock Absorbers, Telescopic Front Fork & Mcpherson Struts which contributed Rs 80.76 crore to Sales Value (2.27 per cent of Total Sales), All Types Of Brakes Used By Railways which contributed Rs 59.79 crore to Sales Value (1.68 per cent of Total Sales), Lubricant Oil(Traded) which contributed Rs 59.06 crore to Sales Value (1.66 per cent of Total Sales), Centre Buffer Couplers which contributed Rs 38.00 crore to Sales Value (1.06 per cent of Total Sales), Engines & Gensets (Internal Combustion) which contributed Rs 35.51 crore to Sales Value (0.99 per cent of Total Sales), Brake Block which contributed Rs 24.41 crore to Sales Value (0.68 per cent of Total Sales), Double Acting Hydraulic Shock Absorbers For Railway Coaches which contributed Rs 19.57 crore to Sales Value (0.55 per cent of Total Sales), Round & Flat Tubes Heating Elements which contributed Rs 15.96 crore to Sales Value (0.44 per cent of Total Sales), Other Operating Revenue which contributed Rs 8.66 crore to Sales Value (0.24 per cent of Total Sales), Scroreap which contributed Rs 5.97 crore to Sales Value (0.16 per cent of Total Sales) and Export Incentives which contributed Rs 1.53 crore to Sales Value (0.04 per cent of Total Sales)for the year ending 31-Mar-2016.For the quarter ended 30-06-2017, the company has reported a Standalone sales of Rs 1,142.30 crore, up 11.74 per cent from last quarter Sales of Rs 1,022.31 crore and up 10.76 per cent from last year same quarter Sales of Rs 1,031.35 crore.Company has reported net profit after tax of Rs 62.64 crore in latest quarter.

cent Sales contributed Rs crore Sales Dr Escorts Mr Nanda quarter Rs crore Sales cent

 

U.S. fire managers on Thursday raised the nation's wildfire readiness status to its highest level for the first time in two years, as California and several other Western states faced heightened danger from lightning storms.

fire highest managers nation raised readiness status Thursday wildfire years

 

The governor of Louisiana and the mayor of New Orleans declared a state of emergency for the city on Thursday due to torrential rains that overwhelmed a municipal drainage system already diminished by power shortages.

city declared due emergency Governor Louisiana Mayor Orleans Thursday torrential

 

You can switch off notifications anytime using browser settings.

 

Independent analyst Kunal Bothra has a sell call on India Cements with a target price of Rs 165.The current market price of India Cements is Rs 174.3.Time period given by analyst is intraday when India Cements price can reach defined target.Kunal Bothra recommended to keep stoploss at Rs 178.India Cements, incorporated in the year 1946, is a Mid Cap company (having a market cap of Rs 5371.09 crore) operating in Cement sector.India Cements key Products/Revenue Segments include Cement which contributed Rs 4,648.13 crore to Sales Value (96.60 per cent of Total Sales), Clinker which contributed Rs 55.09 crore to Sales Value (1.14 per cent of Total Sales), Wind Power which contributed Rs 43.18 crore to Sales Value (0.89 per cent of Total Sales), Freight which contributed Rs 40.71 crore to Sales Value (0.84 per cent of Total Sales), Income From Construction Work which contributed Rs 18.12 crore to Sales Value (0.37 per cent of Total Sales) and Traded Goods which contributed Rs 6.20 crore to Sales Value (0.12 per cent of Total Sales)for the year ending 31-Mar-2016.For the quarter ended 30-06-2017, the company has reported a Standalone sales of Rs 1,461.57 crore, down 4.01 per cent from last quarter Sales of Rs 1,522.58 crore and up 21.55 per cent from last year same quarter Sales of Rs 1,202.49 crore.Company has reported net profit after tax of Rs 26.44 crore in latest quarter. The company's top management includes Mr.Arun Datta, Mr.K Balakrishnan, Mr.M R Kumar, Mr.N R Krishnan, Mr.N Srinivasan, Mr.Rabinarayan Panda, Mr.S Balasubramanian Adityan, Mr.V Manickam, Mr.V Ranganathan, Mrs.Chitra Srinivasan, Mrs.Rupa Gurunath.

analyst Cement cent contributed Rs India Kunal Mr quarter Rs crore sales

 

A combined 191,195 equity shares changed hands and there were pending sell orders for 177,354 shares on BSE and NSE at 09:24 am.too plunged 20% to Rs 111, with no buyers seen on the counter. A combined 960,728 shares changed hands and there were pending sell orders for 1.02 million shares on both the exchanges.The Securities Appellate Tribunal (SAT) on Thursday stayed restrictions imposed by the Securities and Exchange Board of India (Sebi) on shares of andSince Monday, trading has been halted in these two companies, along with 329 others, after they were moved to so-called Stage VI of graded surveillance measures - where trading is allowed only once a month - for being "suspected shell companies".

BSE changed combined companies equity Exchange hands Securities shares trading

 

Louisa Fyans, an F.A. The Premier League did not respond to requests for comment.

betting Club gambling League Mr Bloom premier soccer sport Star Lizard team

 

Protesters for and against the removal of Dallas' Confederate monuments clash during a demonstration at downtown's Pioneer Park Cemetery.

Clash Confederate Dallas demonstration downtown monuments Park Pioneer Protesters removal

 

Back home, over 400 companies will report their corporate earning today, will may lead to specific stock reactions.

Click here for full report Though the rupee saw its sharpest fall in a day since July 3 of 24 paise to hit 64.08 against the US dollar (USD) on Thursday, the Indian unit is in no hurry to breach 60 levels in the near term, suggests the latest report by Tanvee Gupta Jain, an economist with UBS.Going ahead, Jain expects the rupee (USD/INR) to remain range-bound between 62-66 levels over the next few months and average 64.3 in FY18 and 65.4 in FY19.

bank earlier fell levels lower market Rs session stock Thursday

 

Also Read: Rupee tumbles by 24 paise, hits one-week low against US dollar Going ahead, Jain expects the (USD/INR) to remain range-bound between 62-66 levels over the next few months and average 64.3 in FY18 and 65.4 in FY19.

Also Read: Rupee at 2-year high of 63.60: Why did it surge and what's next?

ahead current CY17 external India INR pair rupee USD year

 

On Aug. 7, ON Semiconductor (NASDAQ: ON) reported guidance-beating second-quarter 2017 results. Compared with the first quarter of this year, revenue was down 7%.

earnings Fairchild guidance management primarily quarter Revenue sales semiconductor stock

 

The Unsolved Mystery of the Cramer Rant [0.17]

Posted on Aug. 11, 2017, 3:35 a.m. by Dash of Insight @ [source]

Last week marked the 10th anniversary of the famous Cramer “They know nothing!” rant.

He added information in last week’s reprise.

business Cramer degree expert explain Fed Harvard homes marked rant

 

Why Disney Is Breaking Up With Netflix [0.33]

Posted on Aug. 11, 2017, 3:35 a.m. by Latest Articles in Stocks @ [source]

The big entertainment business news of this week was Walt Disney 's (NYSE: DIS) divorce from Netflix (NASDAQ: NFLX) .

We need more clarification on what will be available through Disney Streaming to make a better judgment on its viability, because the presence, or lack thereof, of Marvel films and Star Wars , will make a big difference.

content Disney ESPN films ll Motley Fool Netflix stock streaming Walt