Market Watch

ICICI Bank Q3 net profit slips by 2.7% y-o-y to Rs.1605cr – 31 Jan 2019

icici-bank

ICICI Bank reported Q3 results for the quarter ended December 31, 2018

  • Net interest income up by 20.5% to Rs. 6,875.2 crore
  • Net profit down by 2.75% to Rs. 1,604.9 crore
  • Provisions at Rs. 4,244.2 crore versus Rs. 3,569.2 crore
  • GNPA at 7.75% versus 8.54% (QoQ)
  • NNPA at 2.58% versus 3.65% (QoQ)

Click here to see more financial highlights……..

ICICI Bank’s NII for Q3FY19 came at Rs6,875cr as against Rs5,705cr, which is up by 20.5% yoy. The bank has reported a net profit of Rs1,605cr in Q3FY19, (though the net profit is below consensus estimates by 11%, considering other parameters like asset quality and NII growth, the results are better), as against Rs1,650cr yoy. The overall NIM for the quarter came at 3.4%. Its GNPA for Q3FY19 came at 7.8% against 8.54% qoq, which has decreased by 79bps. NNPA for the quarter came at 2.58% against 3.65% qoq, which has declined by 107bps.

  • Margins expanded 26bps yoy and 7bps qoq; however, 15-18bps was only on account of income reversal in an overseas NPA account. Adjusted for this, margins declined sequentially driven by lower LDR and lower CASA ratio.
  • Core operating profit grew by 14% yoy to Rs5,667cr for the quarter.
  • Fee income grew by 16% yoy from Rs2,639cr in Q3FY18 to Rs3,062cr. Retail fee constituted 73% of total fees.
  • Total advances increased by 12% yoy to Rs5.64 lakh cr in the quarter.
  • Domestic loan growth came at 14% yoy as of December 31, 2018 driven by retail loans.
  • Retail loans grew by 22% yoy and constituted 59% of the loan portfolio as at December 31, 2018.
  • Provisions were Rs4,244cr in Q3FY19 compared to Rs3,570cr in Q3 FY18. Provisions increased 19% yoy, but would have included a write back on provisions for investment depreciation in the quarter, implying much higher growth in loan loss provisions.
  • CASA ratio stood at 49.3% as at December 31, 2018
  • Asset quality improved substantially. Slippage ratio dropped to 1.7% in 3QFY19 (continuing the downward trend from 1QFY19). Slippages stood at Rs2,090cr (lowest in 14 quarters), with Rs950cr coming from the BB & below pool.
  • Reduction in NPLs was aided by a sale of Rs2150cr to an ARC in the quarter (100% cash basis). Total stressed assets stood at ~Rs79,700cr (13.1% of loans). PCR was significantly strengthened on a sequential basis.

IIFL Technical View:

ICICI Bank Ltd ended at Rs. 365.25, up by 18.35 points or 5.29% from its previous closing of Rs. 346.90 on the BSE.
The scrip opened at Rs. 351 and touched a high and low of Rs. 368.05 and Rs. 351 respectively. A total of 4,27,49,626 (NSE+BSE) shares were traded on the counter. The stock traded below its 50 DMA.

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30th Jan 2019 Stock Ideas from Experts & Agencies – The Future Market’s watch window

Today calls from Sharekhan:

  • Buy Divislab with a target price of Rs.1535 and a stop loss of Rs.1460. Time frame will be 1-10 days.
  • Buy SBIN with a target price of Rs.289 and a stop loss of Rs.282.40.

Reliance Smart Money Research calls for Intraday:

  • Sell Kaveri Seed Company Ltd at Rs.586 with a target price of Rs.560 and a stop loss of Rs.602.
  • Sell Just Dial Ltd at Rs.469 with a target price of Rs.453 and a stop loss of Rs.481.
  • Sell Jubilant Foodworks at Rs.1204 with a target price of Rs.1160 and a stop loss at Rs.1232
  • Buy Interglobe Aviation Ltd at Rs.1167 with a target price of Rs.1250 and a stop loss of Rs.1141.

Manas Jaiswal of manasjaiswal.com:

  • MGL is a ‘Buy’ call with a target price of Rs.945 and a stop loss of Rs.909.
  • L&T is a ‘Sell’ call with a target price of Rs 1240 and a stop loss of Rs 1300.

Suruchi Kapoor of Edelweiss:

  • NIIT Tech is a ‘Buy’ call with a target price of Rs.1425 and a stop loss of Rs.1245.
  • Dabur is a ‘Buy’ call with a target price of Rs 458 and a stop loss of Rs 410.
    Read more at:

CK Narayan of Chart Advise:

  • Indigo is a ‘Buy’ call with a target price of Rs 1210 and a stop loss of Rs 1170.
  • Divi’s Lab is a ‘Buy’ call with a target price of Rs 1525 and a stop loss of Rs 1490.

Kotak Securities Techical Research calls today:

  • Buy Infosys Ltd at Rs.732.5 with a target price of Rs.750 and a stop loss of Rs.726.
  • Buy Cox & Kings at Rs.154.5 with a target price of Rs.160 and a stop loss of Rs.153.
  • Buy Bharti Airtel at Rs.310 with a target price of Rs.320 and a stop loss of Rs.306.
  • Buy RBL Bank Rs.560 with a target price of Rs.572 and a stop loss of Rs.553.
  • Buy V-Guard India Ltd at Rs.204 with target price of Rs.209 and a stop loss of Rs.201.
  • Sell Raymond at Rs.761 with target price of Rs.745 and a stop loss of Rs.768.
  • Sell Berger Paints at Rs.310 with target price of Rs.304 and a stop loss of Rs.312.
  • Sell Bharat Petroleum Corp at Rs.340 with target price of Rs.332 and a stop loss of Rs.344.60.

5paise trading platfors todays intraday call:

  • Buy United Breweries Ltd at Rs.1430-1438 with target price of Rs.1472 and a stop loss of Rs.1413.
  • Buy PVR Ltd at Rs.1598-1608 with target price of Rs.1640 and a stop loss of Rs.1582.
  • Buy MindTree Ltd at Rs.898-904 with target price of Rs.928 and a stop loss of Rs.886.
  • Sell Titan Company at Rs.960-966 with target price of Rs.980 and a stop loss of Rs.952.

Ashwani Gujral of ashwanigujral.com:

  • Buy Bharti Infratel with target of Rs.307 and a stop loss of Rs.293.
  • Buy NIIT Tech with target of Rs.1340 and a stop loss of Rs.1295.
  • Buy Mindtree with target of Rs.920 and a stop loss of Rs.897.
  • Buy PVR with target of Rs.1630 and a stop loss of Rs.1597.
  • Buy Oriental Bank of Commerce with target of Rs.100 and a stop loss of Rs.92.

Sudarshan Sukhani of s2analytics.com:

  • Buy Voltas with stop loss at Rs 536 and target of Rs 550.
  • Buy Aurobindo Pharma with stop loss at Rs 750 and target of Rs 780.
  • Buy Axis Bank with stop loss at Rs 660 and target of Rs 680.
  • Buy NIIT Tech with stop loss at Rs 1290 and target of Rs 1325.
  • Sell Coal India with stop loss at Rs 226 and target of Rs 219.

Mitessh Thakkar of mitesshthakkar.com:

  • Buy HCL Tech with a stop loss of Rs 978 and target of Rs 1010.
  • Sell Tata Communications with a stop loss of Rs 504.5 and target of Rs 476.
  • Buy Mahanagar Gas with a stop loss of Rs 909 and target of Rs 945.
  • Sell RBL Bank around Rs 555 with stop loss of Rs 565 and target of Rs 535.

For more list of stock by experts and agencies… 

29th Jan 2019 Stock Ideas from Experts & Agencies – The Future Market’s watch window / Stock Ideas from Experts & Agencies for 28 Jan, 2019 – TODAY’s CALL Watch / Stock Ideas from Experts for 25 Jan, 2019 – TODAY’s CALL Watch / STOCK IDEA’S for Jan-2019 by Sharekhan / list of Stock tips by Manas Jaiswal in Jan 2019 / list of Stock tips by Kunal Bothra in Jan 2019

Read More for Quick Finance Updates till 27th Jan 2019

Read more News on asian markets on wallstreet

 

29th Jan 2019 Stock Ideas from Experts & Agencies – The Future Market’s watch window

Today calls from Sharekhan:buy sell dies

  • Buy Divislab with a target price of Rs.1535 and a stop loss of Rs.1460. Time frame will be 1-10 days.
  • Buy NIITTech with a target price of Rs.1340 and a stop loss of Rs.1290. Time frame will be 1-10 days.
  • Buy ITC with a target price of Rs.281 and a stop loss of Rs.274.
  • Buy Kotak Bank with a target price of Rs.1285 and a stop of Rs.1252.

Reliance Smart Money Research calls for Intraday:

  • Sell CESC Ltd at Rs.687 with a target price of Rs.660 and a stop loss of Rs.708.
  • Sell Kotak Mahindra Bank Ltd at 1267 with a target price of Rs.1220 and a stop loss of Rs.1296.
  • Buy ACC Ltd at Rs.1358 with a target price of Rs.1395 and a stop loss of Rs.1345.

Manas Jaiswal of manasjaiswal.com:

  • Tata Chemicals is a ‘Sell’ call with a target price of Rs 640 and a stop loss of Rs 670.
  • Godrej Consumer is a ‘Sell’ call with a target price of Rs 730 and a stop loss of Rs 775.

Kunal Bothra independent market expert:

  • HCL Tech is a ‘Buy’ call with a target price of Rs 1000 and a stop loss of Rs 960.
  • Siemens is a ‘Buy’ call with a target price of Rs 1025 and a stop loss of Rs 975.

CK Narayan of Chart Advise:

  • TCS is a ‘Buy’ call with a target price of Rs 1980 and a stop loss of Rs 1930.
  • Ceat is a ‘Sell’ call with a target price of Rs 1120 and a stop loss of Rs 1165.
  • Read more at:

Kotak Securities Techical Research calls today:

  • Buy Interglobe Aviation Ltd at Rs.1180 with a target price of Rs.1220 and a stop loss of Rs.1165.
  • Buy Jubilant Foodworks Ltd at Rs.1214 with a target price of Rs.1245 and a stop loss of Rs.1199.
  • Buy Hexaware Technologies Ltd at Rs.323 with a target price of Rs.333 and a stop loss of Rs.320.
  • Buy Tech Mahindra at Rs.734 with a target price of Rs.749 and a stop loss of Rs.727.
  • Buy Nestle India Ltd at Rs.11395 with target price of Rs.11650 and a stop loss of Rs.11270.
  • Sell Eicher Motors Ltd at Rs.19820 with target price of Rs.19300 and a stop loss of Rs.20125.

5paise trading platfors todays intraday call:

  • Buy CESC Ltd at Rs.684-688 with target price of Rs.706 and a stop loss of Rs.674.
  • Buy TCS at Rs.1950-1960 with target price of Rs.1995 and a stop loss of Rs.1933.
  • Buy REC at Rs.121.7-122.7 with target price of Rs.125.5 and a stop loss of Rs.119.
  • Read more at:

Ashwani Gujral of ashwanigujral.com:

  • Buy TCS with a stop loss of Rs.1940, target of Rs.1975.
  • Buy Tech Mahindra with a stop loss of Rs.730, target of Rs.755
  • Sell DHFL with a stop loss of Rs.189, target of Rs.175.
  • Sell Indiabulls Housing Finance with a stop loss of Rs.710, target of Rs.685.

Sudarshan Sukhani of s2analytics.com:

  • Sell Vedanta with stop loss at Rs.195 and target of Rs.188.
  • Sell Shriram Transport with stop loss at Rs.1080 and target of Rs.1025.
  • Sell Bharat Forge with stop loss at Rs.480 and target of Rs.464.
  • Buy Infosys with stop loss at Rs.720 and target of Rs.745.
  • Buy Britannia Industries with stop loss at Rs.3175 and target of Rs.3200.

Mitessh Thakkar of mitesshthakkar.com:

  • Sell Bajaj Finserv with a stop loss of Rs.6180 and target of Rs.5690.
  • Buy TCS with a stop loss of Rs.1920 and target of Rs.2020.
  • Sell Tata Power with a stop loss of Rs.72.5 and target of Rs.68.
  • Sell Cadila Healthcare with a stop loss of Rs.339 and target of Rs.322.

For more list of stock by experts and agencies… 

Stock Ideas from Experts & Agencies for 28 Jan, 2019 – TODAY’s CALL Watch / Stock Ideas from Experts for 25 Jan, 2019 – TODAY’s CALL Watch / Stock Idea by Sharekhan on 24 Jan, 2019 – TODAY’s CALL Watch / STOCK IDEA’S for Jan-2019 by Sharekhan / list of Stock tips by Manas Jaiswal in Jan 2019 / list of Stock tips by Kunal Bothra in Jan 2019

Read More for Quick Finance Updates till 27th Jan 2019

Read more News on asian markets on wallstreet

 

Stock Ideas from Experts & Agencies for 28 Jan, 2019 – TODAY’s CALL Watch

Today calls from Sharekhan:buysell10

  • Buy Tata Steel with a target price of Rs.441.00 and a stop loss of Rs.452.
  • Buy Indigo with a target price of Rs.1200.00 and a stop loss of Rs.1162.

Stock calls by HDFC Securities for today:

  • Buy Escorts at Rs. 689.00 with a target price of Rs 743.00 and a stop loss of Rs 655.
  • Buy Canara Bank at Rs.267.55 with a target price of Rs 284 and a stop loss of Rs 255.
  • Read more at:

Manas Jaiswal of manasjaiswal.com:

  • LIC Housing Finance is a ‘Sell’ call with a target price of Rs 435 and a stop loss of Rs 463.
  • HCL Tech is a ‘Buy’ call with a target price of Rs 990 and a stop loss of Rs 960.
  • Read more at:

Kunal Bothra independent market expert:

  • Ashok Leyland is a ‘Buy’ call with a target price of Rs 88 and a stop loss of Rs 78.
  • Grasim is a ‘Sell’ call with a target price of Rs 725 and a stop loss of Rs 785.

CK Narayan of Chart Advise:

  • HCL Tech is a ‘Buy’ call with a target price of Rs 985 and a stop loss of Rs 961.
  • JSW Steel is a ‘Sell’ call with a target price of Rs 267 and a stop loss of Rs 281.
  • Read more at:

Reliance Smart Money Research calls for Intraday:

  • Sell UPL at Rs.758 with a target price of Rs.735 and a stop loss of Rs.770.
  • Buy Cadila Health Care at Rs.340 with a target price of Rs.356 and a stop loss of Rs 336.

Kotak Securities Techical Research calls today:

  • Sell LIC at Rs.445 with a target price of Rs.437 and a stop loss of Rs.448.
  • Sell HDFC Ltd at Rs.1951.00 with a target price of Rs.1915 and a stop loss of Rs.1970.
  • Buy TCS at Rs.1945 with a target price of Rs.1980 and a stop loss of Rs.1930.
  • Sell Karnataka Bank Ltd at Rs.116.55 with a target price of Rs.113.50 and a stop loss of Rs 118.
  • Sell Amara Raja Batteries Ltd at Rs.748 with target price of Rs.735 and a stop loss of Rs.752.
  • Sell Bata India Ltd at Rs.1101 with target price of Rs.1075 and a stop loss of Rs.1112.
  • Sell BF Utilities Ltd at Rs.199 with target price of Rs.194 and a stop loss of Rs.202.

Dinesh Rohira Call for today on Moneycontrol:

  • Buy call for Wipro which is currently trading at Rs. 353.45. Read more at
  • Sell Graphite India with target Rs 530. Read more at
  • Sell ICICI Prudential Life with target Rs 290. Read more at:

Anand Rathi Call for today on Moneycontrol:

5paise trading platfors todays intraday call:

  • Buy Reliance Industries Ltd at Rs.1238 with target price of Rs.1284 and a stop loss of Rs.1228.
  • Buy Wipro Ltd at Rs.351 with target price of Rs.362 and a stop loss of Rs.347.
  • Read more at:

Ashwani Gujral of ashwanigujral.com:

  • Sell Hero MotoCorp with a stop loss of Rs 2700, target of Rs 2620.
  • Sell Mahindra & Mahindra with a stop loss of Rs 690, target of Rs 665.
  • Sell India Cements with a stop loss of Rs 82, target of Rs 74.
  • Buy Infosys with a stop loss of Rs 725, target of Rs 750.
  • Buy Titan Company with a stop loss of Rs 970, target of Rs 1000.

Sudarshan Sukhani of s2analytics.com:

  • Buy Dabur India with stop loss at Rs 426 and target of Rs 436.
  • Buy HCL Tech with stop loss at Rs 960 and target of Rs 990.
  • Buy Pidilite Industries with stop loss at Rs 1110 and target of Rs 1150.
  • Sell Tata Steel with stop loss at Rs 460 and target of Rs 445.
  • Sell Bajaj Auto with stop loss at Rs 2650 and target of Rs 2580.

Prakash Gaba of prakashgaba.com:

  • Buy HCL Tech with target at Rs 990 and stop loss at Rs 960.
  • Sell IDFC with target at Rs 31 and stop loss at Rs 48.
  • Sell Jet Airways with target at Rs 240 and stop loss at Rs 262.
  • Sell Raymond with target at Rs 740 and stop loss at Rs 780.

For more list of stock by experts and agencies… 

Stock Ideas from Experts for 25 Jan, 2019 – TODAY’s CALL Watch / Stock Idea by Sharekhan on 24 Jan, 2019 – TODAY’s CALL Watch / STOCK IDEA’S for Jan-2019 by Sharekhan / list of Stock tips by Manas Jaiswal in Jan 2019 / list of Stock tips by Kunal Bothra in Jan 2019

Read More for Quick Finance Updates till 27th Jan 2019

Read more News on asian markets on wallstreet

 

Stock Ideas from Experts for 25 Jan, 2019 – TODAY’s CALL Watch

Today calls from Sharekhan

share khan

Script Name: DABUR
Call: Buy
Target: 442.00
Stop Loss: 430.00

Script Name: HAVELLS
Call: Buy
Target: 720.00
Stop Loss: 698.00

Script Name: NIITTECH
Call: Buy
Target:1348.00
Stop Loss: 1298.00

Script Name: INDUSINDBK
Call: Buy
Target:1525.00
Stop Loss: 1487.00

Manas Jaiswal of manasjaiswal.com

  • Indian Bank is a ‘Buy’ call with a target price of Rs 265 and a stop loss of Rs 250.
  • SRF is a ‘Buy’ call with a target price of Rs 2150 and a stop loss of Rs 2060.

CK Narayan of Chart Advise

 

  • RIL is a ‘Buy’ call with a target price of Rs 1265 and a stop loss of Rs 1230.
  • Tech Mahindra is a ‘Buy’ call with a target price of Rs 740 and a stop loss of Rs 718.

Kunal Bothra independent market expert

  • Indian Bank is a ‘Buy’ call with a target price of Rs 270 and a stop loss of Rs 249.
  • Page Industries is a ‘Buy’ call with a target price of Rs 24,200 and a stop loss of Rs 22,600.

For more blogs click below

Stock Idea by Sharekhan on 24 Jan, 2019 – TODAY’s CALL Watch

STOCK IDEA’S for Jan-2019 by Sharekhan

list of Stock tips by Manas Jaiswal in Jan 2019

Asian markets mostly rise after reassuring earnings on Wall Street

After Market: Rs 1.10 lakh crore gone in two days, 109 stocks signal fall

25 Jan 2019, list of Stock tips by Kunal Bothra in Jan 2019

Date wise arranged list of Stock tips by Kunal Bothra in Jan 2019.

May have missed some stocks but will be tracking this list today onwards to keep it updated.

The Future Markets – thefuturemarket.wordpress.com

Also See TODAYS’s STOCK IDEA from Experts Stock Ideas from Experts for 25 Jan, 2019 – TODAY’s CALL Watch

Manas Jaiswal list 25 Jan 2019, list of Stock tips by Manas Jaiswal in Jan 2019

Sharekhan’s Stock Ideas STOCK IDEA’S for Jan-2019 by Sharekhan

After Market: Rs 1.10 lakh crore gone in two days, 109 stocks signal fall

Asian markets mostly rise after reassuring earnings on Wall Street

Stock Idea by Sharekhan on 24 Jan, 2019 – TODAY’s CALL Watch

Today calls from Sharekhan

share khan

Script Name: GODFRYPHLP
Call: Buy
Target: 1000.00
Stop Loss: 947.00
TimeFrame: 1-10 Days

Script Name: RELIANCE
Call: Buy
Target: 1262.00
Stop Loss: 1232.00
TimeFrame: NA

Script Name: IRB
Call: Buy
Target:153.00
Stop Loss: 143.00
TimeFrame: 1-10 Days

Thefuturemarkets.wordpress.com paid source

For more blogs click below

STOCK IDEA’S for Jan-2019 by Sharekhan

list of Stock tips by Manas Jaiswal in Jan 2019

Asian markets mostly rise after reassuring earnings on Wall Street

After Market: Rs 1.10 lakh crore gone in two days, 109 stocks signal fall

After Market: Rs 1.10 lakh crore gone in two days, 109 stocks signal fall

stock1-getty-1200

A weak set of third quarter numbers from heavyweight ITC unsettled stock investors and triggered all-round selling, pushing benchmarks Sensex and Nifty down on Wednesday.

Sentiment turned more fragile after ITC reported an uninspiring 3.85 per cent year-on-year (YoY) rise in net profit for the quarter to December 2018.

Global markets showed no resolve as they reeled under renewed doubts over US-China trade talks while global economic growth remained a constant element of worry.

The Sensex fell swiftly towards the end and closed down 336 points, or 0.92 per cent, at 36,108. The Nifty suffered a loss of 91 points, or 0.84 per cent, to settle at 10,832.

Midcaps and smallcaps indices closed 0.28 per cent and 0.16 per cent down, respectively.
Here are Wednesday’s market highlights.

Rs 1.10 lakh crore gone in two days!
The two-day fall in market wiped off over Rs 1.10 lakh crore wealth as the cumulative market capitalisation of BSE-listed firms plunged to Rs 1,42,04,842.87 crore on Wednesday from Rs 1,43,15,583.11 crore on Monday. On Wednesday alone, the market’s loss read nearly Rs 74,199 crore.

ITC plunges post Q3 numbers
Shares of ITC closed the day 4.16 per cent down at Rs 277.70 on the BSE after it reported a 3.85 per cent year-on-year (YoY) rise in standalone profit at Rs 3,209.07 crore for the December quarter. Earnings before interest tax depreciation and amortisation (Ebitda) increased 11.23 per cent YoY to Rs 4,326 crore against Rs 3,889 crore in the same period last year. At first glance, Street appeared dissatisfied with the numbers as the stock tanked aft ……

 

Asian markets mostly rise after reassuring earnings on Wall Street

asian market Asian markets mostly rise after reassuring earnings on Wall Street

Asian stocks were mostly higher on Thursday as positive U.S. earnings reports reassured investors that the world’s largest economy was on track. Poor Japanese data for the second straight day weighed on the Nikkei 225 index.

The Shanghai Composite index SHCOMP, +0.44%   gained 0.5% and South Korea’s Kospi SEU, +0.66%  rose 0.6%. Hong Kong’s Hang Seng HSI, +0.27%   picked up 0.1%. Australia’s S&P ASX 200 XJO, +0.38%   added 0.2% while Japan’s Nikkei 225 index NIK, -0.09%   declined 0.3% after a preliminary survey showed manufacturing slowing in January. Shares rose in Taiwan Y9999, +0.31%   and Singapore STI, +0.45%   but fell in Malaysia FBMKLCI, +0.16%  .

Among individual stocks, camera maker Nikon 7731, +6.71%   surged in Tokyo while Fast Retailing 9983, -3.10%   and Sony 6758, -1.68%   fell. In Hong Kong, tech names such as AAC 2018, +2.88%   and Sunny Optical 2382, +2.26%   gained, though Tencent 0700, -1.38%   dropped. South Korean chip maker SK Hynix 000660, +5.24%   jumped despite reporting disappointing earnings.

Earlier, strong quarterly earnings by big companies like IBM IBM, +8.46%  , Proctor & Gamble PG, +4.87%   and United Technologies UTX, +5.38%   helped most U.S. indexes finish Wednesday with slight gains. IBM stocks surged 8.5% to $132.89 after its fourth-quarter results exceeded expectations. But traders were worried about reports that the U.S. had turned down an offer by Chinese trade officials to meet in Washington this week, citing the lack of progress on issues like intellectual property rights. White House economic adviser Larry Kudlow denied it. The S&P 500 index SPX, +0.22%   added 0.2% to 2,638.70. The Dow Jones Industrial Average DJIA, +0.70%   advanced 0.7% to 24,575.62 and the Nasdaq composite COMP, +0.08%   gained 0.1% to 7,025.77.

On Thursday, a private survey suggested that Japanese manufacturing had slowed in January. The Markit/JMMA flash purchasing managers’ index fell to 50.0 from December’s 52.6. Readings above 50 indicate expansion on the index’s 100-point scale. The survey found that key output and new orders contracted while exports slumped further. Just a day ago, Japan released weaker-than-expected trade data for December, with exports registering its largest drop in two years, mostly due slowing demand in China.

Chinese Vice President Wang Qishan took aim at the U.S. in pointed comments at the World Economic Forum in Davos, Switzerland. Wang said that “Shifting blame for one’s own problems onto others will not resolve the problems,” alluding to a trade war with Washington that has both sides imposing heavy taxes on each other’s imports. Wang said China still has “enormous market potential” despite its recent worse-than-anticipated slowdown.

“Major Asia-Pacific indices are fluctuating around the session breakeven point, reflecting the ongoing global debate about growth prospects,” Michael McCarthy, Chief Market Strategist at CMC Markets in Sydney, said in an interview.
U.S. crude oil CLH9, -0.53%   dropped 18 cents to $52.44 per barrel in electronic trading on the New York Mercantile Exchange. The contract shed 39 cents to $52.62 per barrel on Wednesday. Brent crude LCOH9, -0.54%  , used to price international oils, shed 19 cents to $60.95 per barrel. It lost 36 cents to $61.14 in London.

The dollar USDJPY, +0.07%   slipped to 109.53 yen from 109.61 yen late Wednesday.

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News Beyond the Sea….

CNBC News: Russia, US suspend nuclear treaty in a diplomatic standoff sparking jitters over a new arms race

  • Both the U.S. and Russia have suspended a crucial nuclear weapons ban on Saturday.
  • The Intermediate-Range Nuclear Forces, or INF, Treaty, prohibits the production or testing of ground-launched cruise missiles with a range of 300 to 3,400 miles.
  • The INF treaty has kept nuclear-tipped cruise missiles off the European continent for three decades. Read More..

U.S. stocks shrug off midday selloff to finish mostly higher on Wednesday

images4q5flkn2U.S. stocks shrugged off a midday selloff to finish mostly higher on Wednesday, as investors weighed a round of solid corporate earnings with ongoing uncertainty surrounding the U.S.-China trade talks. The Dow Jones Industrial Average DJIA, +0.70% was the best-performing major index, closing up around 170 points, or 0.7%, aided by solid earnings from IBM Corp. IBM, +8.46% and Procter & Gamble Co. PG, +4.87% The S&P 500 SPX, +0.22% finished up 0.2% and the Nasdaq Composite Index COMP, +0.08% was up less than 0.1%. In other company news, shares of Tesla Inc. TSLA, -3.79% fell more than 4% after RBC downgraded the stock to underperform and cut its price target to $245 from $290. Elsewhere, citing the government shutdown, House Speaker Nancy Pelosi said she would not authorize President Donald Trump to give his State of the Union speech in the chamber.

U.S. stock futures fall in shortened session as China data reinforces global slowdown fears

U.S. stock futures fell Monday in a shortened session, as the weakest Chinese growth data in three decades weighed on investors, and the International Monetary Fund cut its outlook for global expansion citing trade issues.

Regular trading for U.S. markets will be closed Monday in honor of Martin Luther King Jr. Day. Markets will resume the week on Tuesday.

How did the benchmarks fare?

Dow Jones Industrial Average futures YMH9, -0.03%  fell 150 points, or 0.6%, to 24,538, while S&P 500 futures ESH9, +0.01%  dropped 15.10 points, or 0.6%, to 2,656.50. Nasdaq-100 NQH9, +0.20%  fell 48.50 points, or 0.7%, to 6,743.

Stocks closed higher for the fourth-straight session on Friday. The Dow Jones Industrial Average DJIA, +0.70% rose 336.25 points, or 1.4%, to end at 24,706.35 for a weekly gain of 3%. The S&P 500 index SPX, +0.22% advanced 1.3% to 2,670.71, up 2.9% for the week. The Nasdaq Composite COMP, +0.08%  added 1% to 7,157.23, finishing out the week 2.7% higher.

What’s driving markets?

China’s gross domestic product for 2018 rose 6.6%, the slowest annual pace that the country has recorded since 1990. The downturn deepened in the fourth quarter of last year, with growth rising 6.4% on an annual basis. The trade conflict with the U.S. added to the country’s woes as some exporters were forced to lay off jobs.

Read: On trade, China’s private-equity king is ‘hopeful for the best, prepared for the worst’

The U.S. and China remain at loggerheads over a key issue to do with allegations that the latter has been engaged in the theft of intellectual property for decades. Bloomberg News reported very little progress has been made on the sticky subject even though the two sides have met in January. Meanwhile, President Donald Trump said on Twitter Saturday that stock-rallying reports last week that the U.S. would ease tariffs on China were not correct, even as he said talks were “going very well.”

The International Monetary Fund said Monday that it expects global growth this year of 3.5%, down from 3.7% in 2018 and from the 3.7% it had forecast for 2019 back in October, citing global trade tensions. Unveiling its forecasts at the World Economic Forum in Davos, Switzerland, the fund left its prediction for U.S. growth this year unchanged at 2.5%.

A partial government shutdown stretched into its 30th day on Monday, and there was little sign of the deadlock easing. Democrats rejected Trump’s latest proposal to temporarily extend protections for young immigrants brought to the country illegally in exchange for $5.7 billion for his border wall.

The shutdown has caused a backlog of economic data, with only a smattering of reports due this week, including existing home sales, weekly jobless claims and Markit manufacturing and services purchasing managers index data due later this week.

Opinion: These 3 leading economic indicators show no recession is coming

Earnings will also swing into focus with a busy week ahead for investors. Johnson & Johnson JNJ, +0.00%  , IBM Corp. IBM, +8.46%  , Advanced Micro Devices Inc. AMD, +0.20%  and Ford Motor Co. F, -1.88%

IBM earnings: Emerging tech expected to account for half of sales as revenue declines

And: Tech is ready to respond to Wall Street’s doubts, but don’t expect a holiday miracle

What are strategists saying?

“That is still a decent expansion by any standards, with the economy growing by 6.4% in Q4, however it reinforces the concerns of a slowdown that has prompted a series of measures by Chinese authorities this month to try to manage the worst effects of some sharp economic weakness that has spooked global investors,” said Michael Hewson, chief market analyst at CMC Markets U.K., in a note to clients. Hewson was referencing the China growth data.

How are other markets trading?

Markets in Asia saw a positive session, though gains were tempered by China data. The Shanghai Composite Index SHCOMP, +0.45% closed up 0.5%. In Europe, the Stoxx Europe 600 SXXP, -0.06%  was off 0.2%.

Crude oil US:CLG9 rose modestly, while gold GCG9, -0.24% dipped 0.2% to $1,279.70 an ounce and the U.S. dollar DXY, +0.01% was unchanged.

US CHINA TRADE: Stocks close higher on positive earnings, though trade concerns linger

Stocks closed higher in choppy trade Wednesday as upbeat earnings from corporate heavyweights helped to assuage lingering worries over global growth and U.S.-China trade tensions.

The Dow Jones Industrial Average DJIA, +0.70%  gained 171.14 points, or 0.7%, to 24,575.62, while the S&P 500 index SPX, +0.22%  rose 5.8 points, or 0.2%, to 2,638.70 and the Nasdaq Composite COMP, +0.08% climbed 5.41 points to 7,025.77.

Investors are laser-focused on fourth quarter results and closely monitoring what corporate executives are saying about the outlook for profits and revenue in 2019. Earnings reports have been largely well received by investors, starting with International Business Machines Corp. IBM, +8.46% after the management issued a bullish outlook for profits.

In overseas news, events in Venezuela could have an impact on the markets if the political unrest escalates. Venezuela’s President Nicolás Maduro broke off diplomatic relations with the U.S. after Washington’s decision to recognize Juan Guaido, the head of the opposition-controlled congress, as interim president.

Stock Ideas from Experts – TODAY’s CALL Watch

Quick Finance Udpates

25 Jan 2019, list of Stock tips by Kunal Bothra in Jan 2019

Microsoft says Bing search engine blocked in China

China blocks Microsoft’s Bing search engine: report

sign-of-microsoft-corp-s-bing-search-engine-is-seen-at-the-world-artificial-intelligence-conference--waic--in-shanghai-3

Microsoft Corp’s Bing search engine has been blocked in China, the company said on Wednesday, making it the latest foreign technology service to be shut down behind the country’s Great Firewall.
“We’ve confirmed that Bing is currently inaccessible in China and are engaged to determine next steps,” the company said in a statement.

It is the U.S. technology giant’s second setback in China since November 2017 when its Skype internet phone call and messaging service was pulled from Apple and Android app stores.
A search performed on Bing’s China website – cn.bing.com – from within mainland China directs the user to a page that says the server cannot be reached.
The Financial Times, citing a source, reported on Wednesday that China Unicom , a major state-owned telecommunication company, had confirmed the government order to block the search engine.
Cyberspace Administration of China (CAC), a government watchdog, did not respond to faxed questions about Bing’s blocked website.

Bing was the only major foreign search engine accessible from within China’s so-called Great Firewall. Microsoft censored search results on sensitive topics, in accordance with government policy.
Microsoft also has a partnership with Chinese data center provider 21Vianet to offer its products Azure and Office 365 to clients in the country.
Alphabet’s Google search platform has been blocked in China since 2010. Google CEO Sundar Pichai said in December it has “no plans” to relaunch a search engine in China though it is continuing to study the idea amid increased scrutiny of big tech firms.
President Xi Jinping has accelerated control of the internet in China since 2016, as the ruling Communist Party seeks to crack down on dissent in the social media landscape.

In a statement on Wednesday, CAC said it had deleted more than 7 million pieces of online information and 9,382 mobile apps. It also criticized technology company Tencent’s news app for spreading “vulgar information.”
(Reporting by Josh Horwitz in Shanghai and Gaurika Juneja in Bengaluru; additional reporting by Cate Cadell and Stephen Nellis; Editing by Sandra Maler, Grant McCool and Darren Schuettler)

Read more at https://www.channelnewsasia.com/news/business/microsoft-s-bing-blocked-in-china-report-11160428

25 Jan 2019, list of Stock tips by Manas Jaiswal in Jan 2019

Image result for images of indian stock marketDate wise arranged list of Stock tips by Manas Jaiswal in Jan 2019.

  • 25 Jan, 2019 – buy call on SRF Ltd.NSE 1.27 % with a target price of Rs 2150.0 . The current market price of SRF Ltd. is Rs 2094.4. Time period given by the analyst is Intra Day when SRF Ltd. price can reach defined target.
  • 25 Jan, 2019 – buy call on Indian BankNSE -3.09 % with a target price of Rs 265. The current market price of Indian Bank is Rs 256.1 Manas Jaiswal recommended to keep stoploss at Rs 250.
  • 24 Jan, 2019 – buy call on MphasiS Ltd.NSE 2.29 % with a target price of Rs 950. The current market price of MphasiS Ltd. is Rs 899.2. Time period given by analyst is Intra Day when MphasiS Ltd. price can reach the defined target.
  • 24 Jan, 2019 – Buy Granules India Ltd. with a target price of Rs 100. The current market price of Granules India Ltd. is Rs 93.2 Time period given by the analyst is Intra Day when Granules India Ltd. price can reach defined target.

    Intraday Call – Wipro is a ‘Buy’ call with a target price of Rs 370 and a stop loss of Rs 346. – 23 Jan, 2019

  • Buy Titan Company Ltd. at a price target of Rs 1010.0 and a stoploss at Rs 964 from entry point. – 23 Jan, 2019
  • Buy Strides Pharma Science Ltd. at a price target of Rs 600.0 and a stoploss at Rs 525 from entry point. – 23 Jan, 2019
  • Buy Bajaj Finance Ltd. at a price target of Rs 2665.0 and a stoploss at Rs 2558 from entry point – 22 Jan, 2019
  • Buy United Breweries Ltd. at a price target of Rs 1560.0 and a stoploss at Rs 1440 from entry point – 22 Jan, 2019
  • Kajaria Ceramics is a ‘Buy’ call with a target price of Rs 575 and a stop loss of Rs 540. – 22 Jan, 2019
  • GAIL is a ‘Buy’ call with a target price of Rs 340 and a stop loss of Rs 328. – 22 Jan, 2019
  • TVS Motor is a ‘Sell’ call with a target price of Rs 505 and a stop loss of Rs 535. – 22 Jan, 2019
  • Buy Wipro Ltd. at a price target of Rs 365.0 and a stoploss at Rs 335 from entry point. – 21 Jan, 2019
  • Buy Kotak Mahindra Bank Ltd. at a price target of Rs 1280.0 and a stoploss at Rs 1220 from entry point. – 21 Jan, 2019
  • Buy Godrej Properties Ltd. at a price target of Rs 810 and a stoploss at Rs 736 from entry point. – 18 Jan, 2019
  • Buy Axis Bank Ltd. at a price target of Rs 705.0 and a stoploss at Rs 660 from entry point. – 18 Jan, 2019
  • Axis Bank is a ‘Buy’ call with a target price of Rs 705 and a stop loss of Rs 660. 18 Jan, 2019
  • Buy Union Bank of India at a price target of Rs 100.0 and a stoploss at Rs 94 from entry point. – 17 Jan, 2019
  • Buy Adani Ports & Special Economic Zone Ltd. at a price target of Rs 400.0 and a stoploss at Rs 384 from entry point. 17 Jan, 2019
  • REC is a ‘Buy’ call with a target price of Rs 137 and a stop loss of Rs 125. 17 Jan, 2019
    Adani Ports is a ‘Buy’ call with a target price of Rs 400 and a stop loss of Rs 384. 17 Jan, 2019
  • Buy DLF Ltd. at a price target of Rs 194.0 and a stoploss at Rs 182 from entry point. – 16 Jan, 2019
  • Buy Britannia Industries Ltd. at a price target of Rs 3300.0 and a stoploss at Rs 3130 from entry point. 16 Jan, 2019
  • Reliance Infra is a ‘Buy’ call with a target price of Rs 350 and a stop loss of Rs 305. 16 Jan, 2019
  • Buy Punjab National Bank at a price target of Rs 86.5 and a stoploss at Rs 80.5 from entry point. – 15 Jan, 2019
  • Buy Maruti Suzuki India Ltd. at a price target of Rs 7600.0 and a stoploss at Rs 7300 from entry point. 15 Jan, 2019
  • ACC is a ‘Buy’ call with a target price of Rs 1525 and a stop loss of Rs 1475. 15 Jan, 2019
  • Buy Jet Airways (India) Ltd. at a price target of Rs 274 and a stoploss at Rs 243 from entry point. – 14 Jan, 2019
  • Buy Biocon Ltd. at a price target of Rs 658.0 and a stoploss at Rs 634 from entry point. 14 Jan, 2019
  • Buy NCC Ltd. at a price target of Rs 97.0 and a stoploss at Rs 91 from entry point. 11 Jan, 2019
  • Buy Manappuram Finance Ltd. at a price target of Rs 103.0 and a stoploss at Rs 96.5 from entry point. 11 Jan, 2019
  • Buy Strides Pharma Science Ltd. at a price target of Rs 495.0 and a stoploss at Rs 465 from entry point. 10 Jan, 2019
  • Buy Bata India Ltd. at a price target of Rs 1200.0 and a stoploss at Rs 1120 from entry point. 10 Jan, 2019
  • Buy Tata Motors Ltd. at a price target of Rs 190.0 and a stoploss at Rs 175 from entry point. 9 Jan, 2019
  • Buy ICICI Bank Ltd. at a price target of Rs 400.0 and a stoploss at Rs 370 from entry point. 9 Jan, 2019
  • Buy BEML Ltd. at a price target of Rs 950.0 and a stoploss at Rs 889 from entry point. 8 Jan, 2019
  • Buy Muthoot Finance Ltd. at a price target of Rs 535.0 and a stoploss at Rs 502 from entry point. 8 Jan, 2019
  • Buy Syndicate Bank at a price target of Rs 43.5 and a stoploss at Rs 39 from entry point. 7 Jan, 2019
  • Buy Tata Steel Ltd. at a price target of Rs 503.0 and a stoploss at Rs 480 from entry point. 7 Jan, 2019
  • Sell Reliance Infrastructure Ltd. at a price target of Rs 270 and a stoploss at Rs 300 from entry point. 4 Jan, 2019
  • Buy Torrent Pharmaceuticals Ltd. at a price target of Rs 1865.0 and a stoploss at Rs 1775 from entry point. 4 Jan, 2019
  • Buy Sobha Ltd. at a price target of Rs 500.0 and a stoploss at Rs 460 from entry point. 3 Jan, 2019
  • Buy Federal Bank Ltd. at a price target of Rs 99.0 and a stoploss at Rs 93 from entry point. 3 Jan, 2019
  • Buy State Bank of India at a price target of Rs 310.0 and a stoploss at Rs 294 from entry point. 2 Jan, 2019
  • Buy HDFC Bank Ltd. at a price target of Rs 2210.0 and a stoploss at Rs 2120 from entry point. 2 Jan, 2019
  • Buy DCB Bank Ltd. at a price target of Rs 174.0 and a stoploss at Rs 167 from entry point. 1 Jan, 2019
  • Buy Colgate-Palmolive (India) Ltd. at a price target of Rs 1375.0 and a stoploss at Rs 1325 from entry point. 1 Jan, 2019

STOCK IDEA’S for Jan-2019 by Sharekhan

STOCK IDEA’S for Jan-2019 by Sharekhan updated till 30th Jan, 2019

Sharekhan Jan.jpg

Scrip Name SectorName Status LTP Diff. %Chg RecoPrice Target Potential P&L% UpdateDate
BAJAJFINSV Banks & Finance Buy 6096.95 5.05 0.08 545 6900 13.17% 01-Feb-19
BANKBARODA Banks & Finance Buy 111.1 -1.35 -1.2 48.00 140 26.01% 31-Jan-19
TORNTPHARM Pharmaceuticals Buy 1798.7 -20.1 -1.11 92.5 2115 17.58% 31-Jan-19
ICICIBANK Banks & Finance Buy 354.65 -9.8 -2.69 51.00 450 26.89% 31-Jan-19
TITAN Discretionary consumption Buy 991.55 -4.25 -0.43 966 1200 21.02% 31-Jan-19
BAJAJ-AUTO Automobiles Hold 2602.75 48.2 1.89 1,533.00 2800 7.58% 30-Jan-19
AXISBANK Banks & Finance Buy 695 34.25 5.18 46 810 22.59% 30-Jan-19
HDFC Banks & Finance Buy 1883.7 -38.6 -2.01 540.00 2300 19.65% 30-Jan-19
BAJFINANCE Banks & Finance Buy 2595.25 79.7 3.17 178 2950 17.27% 30-Jan-19
KEC Capital goods / Power Buy 243.5 6.45 2.72 169.00 310 30.77% 30-Jan-19
RAMCOCEM Building materials Buy 570 -3.6 -0.63 88 690 20.29% 29-Jan-19
NAUKRI Discretionary consumption Buy 1692.3 3 0.18 848.00 1900 12.47% 29-Jan-19
HCLTECH IT / IT services Hold 1014.25 25.8 2.61 73.9 1050 6.23% 29-Jan-19
GODREJCP Consumer goods Hold 698.5 -52.7 -7.02 72.43 855 13.82% 29-Jan-19
WONDERLA Discretionary consumption Hold 280.8 0 0 315 325 15.74% 29-Jan-19
PERSISTENT IT / IT services Buy 600 16.6 2.85 212.00 650 11.42% 29-Jan-19
LT Infrastructure / Real estate Buy 1285.45 -9.9 -0.76 786 1655 28.75% 25-Jan-19
MARUTI Automobiles Hold 6513.4 0 0 1,163.00 6950 6.70% 25-Jan-19
ULTRACEMCO Building materials Buy 3510.8 -279.9 -7.38 384 4330 23.33% 25-Jan-19
KKCL Discretionary consumption Hold 1212 3.65 0.3 446 1415 17.10% 24-Jan-19
YESBANK Banks & Finance Hold 228.65 13.25 6.15 67.14 245 13.74% 24-Jan-19
SUPREMEIND Diversified / Miscellaneous Hold 994 -51.85 -4.96 420 1150 9.96% 24-Jan-19
JYOTHYLAB Consumer goods Buy 181.3 1.4 0.78 90 225 25.07% 24-Jan-19
SHREECEM Building materials Buy 15850 -253.35 -1.57 445 18660 15.88% 23-Jan-19
ITC Consumer goods Buy 280.45 3.15 1.14 23.24 347 25.14% 23-Jan-19
TVSMOTOR Automobiles Buy 540.6 -13.6 -2.45 92 650 20.44% 22-Jan-19
HDFCBANK Banks & Finance Buy 2133 -2.85 -0.13 71.6 2650 25.66% 21-Jan-19
WIPRO IT / IT services Buy 354.3 7.8 2.25 183 390 20.15% 18-Jan-19
FEDERALBNK Banks & Finance Hold 89.9 0.4 0.45 26 98 5.66% 18-Jan-19
HINDUNILVR Consumer goods Buy 1778 27.8 1.59 324 2071 15.44% 18-Jan-19
RELIANCE Oil & gas Buy 1235.4 0.25 0.02 116 1465 32.88% 17-Jan-19
NAUKRI Discretionary consumption Buy 1670.55 38.4 2.35 848 1900 26.84% 16-Jan-19
ZEEL Discretionary consumption Buy 438.45 13.2 3.1 210 550 18.88% 15-Jan-19
INFY IT / IT services Buy 738 -7.35 -0.99 86.15 840 25.49% 11-Jan-19
TCS IT / IT services Buy 1881.05 -20.85 -1.1 213.15 2400 25.09% 10-Jan-19
BANKBARODA Banks & Finance Buy 113.85 0.05 0.04 48 140 15.94% 03-Jan-19
VGUARD Capital goods / Power Buy 201.4 -1.75 -0.86 11.99 264 20.22% 03-Jan-19