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Jun 17, 2022 4:00 PM
Market At Close | Wipro, BPCL, TCS, Tech Mahindra among 17 Nifty stocks to hit 52-week lows
--Reliance, ICICI Bank and HDFC Bank aid market recovery
--L&T, Titan and TCS drag headline indices
--Titan suffers biggest fall since May 2020
--Pharma stocks see major selling -- index donw two percent
--Reliance Industries rises nearly two percent after Jio reports maximum monthly user additions
--Metal stocks halt losing streak
--Delta Corp surges 13 percent after company files DRHP for gaming arm
--Market breadth favours the bulls -- advance-decline ratio at 2:5
Jun 17, 2022 3:43 PM
Rupee flat at 78.07
Jun 17, 2022 3:39 PM
Top losers
Jun 17, 2022 3:17 PM
Escorts at day's low
Jun 17, 2022 3:08 PM
Reliance Industries hovering near intraday high, trading at Rs 2,612
(Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary)
Jun 17, 2022 2:57 PM
LIC almost one percent up from lifetime low
Jun 17, 2022 2:44 PM
Coal India at Rs182.8, 1.5% up from previous close
Jun 17, 2022 2:32 PM
Mahindra and Mahindra back in green
Jun 17, 2022 2:17 PM
Buy Delta Corp, sell Coromandel International: Hemen Kapadia
Here are two recommendations by Hemen Kapadia of KRChoksey Securities:
-- Buy Delta Corp for a target of Rs 195 with a stop loss at Rs 165
-- Sell Coromandel International for a target of Rs 905 with a stop loss at Rs 950
Jun 17, 2022 2:07 PM
Crypto, not an asset: Chief Economic Adviser
Stating that crypto doesn’t have any cash flow backing, V Anantha Nageswaran, Chief Economic Adviser said, "hence [crypto is] not an asset." He added that corrections in crypto has some more room to go.
Jun 17, 2022 2:02 PM
Inflation problem in Asia is purely commodity driven: Credit Suisse
Dan Fineman of Credit Suisse told CNBC-TV18 the the problem of inflation in Asia is purely commodity driven. "Inflation in Asia can drop off pretty quickly... could get into recessionary situation next year," he said
Jun 17, 2022 1:49 PM
HDFC Life hovering near intraday low
HDFC Life trading at Rs 550.2, 3.6 percent down from intraday high.
Jun 17, 2022 1:42 PM
Nominal GDP growth estimate is 14-15 percent: Chief Economic Adviser
V Anantha Nageswaran, Chief Economic Adviser, told CNBC-TV18, that the nominal GDP will be higher than the budgeted 11.1 percent. He said that the nominal GDP growth estimate is 14-15 percent.
He added that the government is doing whatever it can do to create jobs. "Employment generation will remain a policy priority," Nageswaran said.
Jun 17, 2022 1:29 PM
Buy Reliance Industries, Conforge: Prakash Gaba
Here are recommendations by Prakash Gaba of prakashgaba.com:
-- Buy Reliance Industries Ltd for a target of Rs 2,650 with a stop loss at Rs 2,560
-- Buy Coforge for a target of Rs 3,525 with a stop loss at Rs 3,350
Jun 17, 2022 1:09 PM
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