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25 Jun 2018, Edition - 1077, Monday

FLASH NEWS:

  • Defence Minister Nirmala Sitharaman is meeting J&K Governor NN Vohra
  • Building collapsed in south Mumbai’s Pydhonie, NDRF teams has been put on alert, security measures are underway
  • CBI moves SC against bail granted to Karti Chidambaram in INX media case by the High Court
  • After Soz Book controversy, former PM Manmohan Singh to skip the book launch event
  • SC agrees to hear plea by Subramanian Swamy to be heard in a PIL relating to ED investigation in the Aircel maxis case
  • Engineer Rashid & others detained while they staged protest demanding action against Lal Singh
  • Kashmir editors guild likely to take action, will file complaint against Lal Singh
  • The Jammu & Kashmir police confirms that terrorists killed Shujaat Bhukari on Pakistan’s order
  • Shujaat Bukhari was a marked man as he advocated for dialogue between India and Pakistan

Business

Trading Calls: Buy Petronet LNG, Sell Havells, Says Expert

profit.ndtv.com

Indian markets are likely to start Tuesday’s session on a flat note.

Indian markets are likely to start Tuesday’s session on a flat note, with the SGX Nifty on the Singapore Exchange trading 16.50 points lower at 10,244.50. Shares in the other Asian markets wobbled. Investors awaited developments in US tax reform efforts. MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.25 per cent after two sessions of declines, while Australia fell 0.9 per cent. Japan’s Nikkei was choppy, down 0.1 per cent to add to four sessions of losses.

On Monday, domestic shares tumbled with the Nifty closing 0.94 per cent lower at 10,224.95 and the BSE Sensex settling 0.84 per cent down at 33,033.56.

Research analyst Simi Bhaumik shared her top trading picks:

Buy Petronet near Rs. 265/266 for a target price of Rs. 269-71 with stop loss below Rs. 262

Sell Havells if it fails to clear Rs. 515/516 for a target price of Rs. 493 with stop loss above Rs. 518

Disclaimer: Investors are advised to make their own assessment before acting on the information.

COIMBATORE WEATHER