Saudi Aramco to be a good lead for a play on oil prices: David Lennox, Fat Prophets
Being the single largest oil producer, we believe that if you want to play on the oil price and want to have exposure through a company, Saudi Aramco will provide a good lead because it is going to be a very low cost producer. That in turn gives the company enough leverage to carry out any amount of price increase.
HDB Fin Services now valued at Rs 90,000 crore in unlisted market
HDB shares in unlisted market are trading at Rs 1,100 apiece against Rs 600...
Gold adrift as US tariff deadline approaches
US gold futures were up 0.3 per cent at $1,479 per ounce.
People in Delhi have too much preference for rating agencies, they are not that important: Chris Wood, Jefferies
Corporate tax cut is extremely positive but if you understood market psychology you would realise there was no need to cut the corporate taxes for this year. If the message had been sent loud and clear that the corporate tax cut was going to happen in the next fiscal year, that would have as positive an impact on the market.
After Market: SPARC rallies 5%; PCJ, YES Bank sink; 57 stocks turn oversold
Nifty Midcap index shed 1.28% to 16,512 while Nifty Smallcap index dipped 1.13% to 5,590.
Prices of 20 of 22 key food items rose steadily in 2019: Consumer Affairs Ministry
Rise in prices of almost all essential food items has become a cause of huge concern for the government.
Agri Commodities: Coriander, soybean, guar seed rise in futures amid strong demand
Coriander prices on Tuesday gained Rs 115 to Rs 6,816 per quintal in futures market.
Base Metals: Lead, aluminium edge up in futures trade amid strong demand
Lead prices on Tuesday traded higher by 5 paise to Rs 152.60 per kg in futures trade.
Gold little changed ahead of Fed meeting, US tariff deadline
US gold futures rose 0.1 per cent to $1,465.60.
Sell InterGlobe Aviation, price target Rs 1,300: CK Narayan
The analyst suggested a stoploss at Rs 1345
Chinese inflation hits eight-year high as pork prices double
The widespread outbreak of swine fever since August 2018 has disrupted the pork supply in China, sending the prices of the staple meat up 110.2 percent last month November.
Sell Equitas Holdings, price target Rs 100: Kunal Bothra
The analyst suggested a stoploss at Rs 113.
Buy UPL, price target Rs 610: Kunal Bothra
The analyst suggested a stoploss at Rs 555.
ICICI Securities maintains add on Kansai Nerolac Paints, target price Rs 565
While revenue performance may be weaker, there are tailwinds such, which would drive earnings growth in FY20-FY21.
Hero to raise prices from January 2020
The upward revision in the ex-showroom prices of its motorcycles and scooters will be effective from January 1, 2010.
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