Stocks picks of the day: 11,400-11,450 likely to act as key resistance for Nifty

Any decisive break below 11,300 could add further selling pressure in Nifty. After a volatile trade session on July 23rd, Nifty indices ended the day in the negative zone for the fourth consecutive session and closed well below the 11,350 mark, dragged by banking, auto and pharma counters. On the...

Ashish Kacholia raises stake in 6 companies, keeps it constant in 13

If you are a risk-taker, then a sneak peek into his portfolio for the June quarter will reveal plenty of stocks that hold the potential to deliver good returns. Ashish Kacholia, an expert at spotting hidden treasures in the small and mid-cap universe, increased stake in six companies during...

Gold dips on firmer dollar, profit-taking; focus on ECB outcome

The European Central Bank is meeting later in the day, followed by the U.S. Federal Reserve next Tuesday-Wednesday.      Gold prices eased on Thursday as the U.S. dollar hovered near multi-week highs, while some investors locked-in profits ahead of major central bank meetings this...

RBI to cut rates again in August as doves prevail: Poll

If the RBI does cut rates next month, it will be the most aggressive amongst dovish central banks in Asia. The last time the RBI delivered so many back-to-back cuts was after the global financial crisis over a decade ago, when most major central banks went on a cutting spree to revive economic growth.  ...

ICICI Prudential jumps 4% after June quarter results; Morgan Stanley maintains rating

The company's net premium income was up 14.2 percent at Rs 6,208.1 crore against Rs 5,437.8 crore.   Share price of ICICI Prudential Life Insurance Company gained 4 percent in the early trade on July 25 after its quarterly results. The company's Q1FY20 net profit rose 1.2 percent...

D-Street Buzz: Bank Nifty in green led by IndusInd Bank; Bharti Infratel jumps 3%, VIX falls

The top gainers from NSE include Cipla, Bharti Infratel, IndusInd Bank, Bajaj Auto and UltraTech Cement while the top losers are Coal India, Tata Motors, Indian Oil Corporation, Mahindra & Mahindra and JSW Steel.   After five days of continuous fall, the Indian stock market is trading...

Market Live: Sensex off day's high, Nifty holds 11,300 ahead of F&O expiry

On the sectoral front, except IT and energy, all other sectoral indices are trading higher led by the pharma, FMCG, auto and infra. Canara Bank slips 4%: Shares of Canara Bank shed 4 percent on July 25 as research house Morgan Stanley remained underweight on stock with a target of Rs 220 per share. The...