DHFL defaults again | Retail investors flock to risky trurnaround bets | SBI Life OFS below IPO price

To keep you updated, we send ET Markets Newsletter to your mailbox. In case, you wish to Unsubscribe Click Here MORNING NEWSLETTER Wed, Jun 26, 2019 Good Morning! Liquidity distress for India's shadow banks has resulted in yet another debt default while official data shows a 31 per cent shrinkage in NBFC loan advances in March quarter, most of it being in home loans. Can a planned government move to boost realty for job creation and speeding up growth work without this piece getting fixed first? Read more about it and the risk of retail investors trying to catch falling knives in this edition. #ValueInvestor#SmallcapHunters#Paathshala#ExpertView#Podcast

SENSEX 39434.94 311.98 NIFTY 50 11796.45 96.80 Gold 34578.00 137.00 USD/INR 69.35 -0.01 OPENING BELL Stocks in news: DHFL, IFCI, ICICI Lombard, SBI Life, NTPC Larsen and Toubro (L&T) has increased its stake to 51% in IT services firm Mindtree. DHFL defaults again on commercial papers repayment Out of the aggregate amount of Rs 375 cr, DHFL failed to make payments worth Rs 225 cr. Retail investors raise stake in poor stocks hoping for a turnaround SBI Life offer comes at below its listing price; should you invest? Slump's real. NBFC credit falls 31%. Over to RBI, govt Top BUY, SELL, HOLD ideas from D-Street experts Market Movers: What changed for D-St while you were sleeping EQUITY EVENTS Coming soon... ET Markets - Radio ETMarkets Morning Podcast: Modi govt's job creation strategy; Fed trims rate cut hopes & more Jun 26, 2019, 08.33 AM IST | Tune in! Your daily digest of market news, views and cues. 05:26 EQUITIES PRICE SHOCKERS Stock Name LTP 3 Days % Change Mkt. Cap (Cr.) UPL Ltd 934.95 7.43% 47694.85 HDFC Asset... 1952.55 7.21% 41076.09 Are you missing the Trend? Find it out Now VOLUME SHOCKERS Stock Name LTP Volume % Change Avg. Vol. ICICIGI 1102.00 6047.25 310166 Hindustan ... 720.30 5249.29 9747 Is this momentum going to continue? Check out NEAR 52 WEEK HIGH Stock Name LTP 52 Week High High % Gap Bajaj Fina... 3579.85 3599.00 0.53% Nestle Ind... 11705.85 11817.70 0.96% Will these stocks hit new hights? Track Now NEAR 52 WEEK LOW Stock Name LTP 52 Week Low Low % Gap Alkem Labo... 1697.40 1670.00 1.61% TVS Motor 437.65 428.45 2.10% Will these stocks breach beyond its low levels? Track Now VIDEOS 2019 to see serious wealth creation across m-caps: Vikas Khemani Private banks, RIL lift Sensex 312 points, Nifty ends near 11,800 Budget Expectations on D-Street: Aashish Sommaiyaa says FM won't have ... BENCHMARKS INDICES TOP INDEX FOR THE DAY S&P BSE Energy 4776.10 2.15% 580438 BOTTOM INDEX FOR THE DAY S&P BSE SME IPO 1729.13 -1.08% 311257 IMPACT SECTORS Sector Name Market Cap Rs Cr. Market Cap % Change Automobilies 7531.91 5.17% 100 Petroleum 1488032.92 2.03% 27412309 Government mulling budget sops to put its house in order Measures include bigger tax benefit, softer rates, restoring some benefits for a second house. Gold prices soar globally, at all-time high in India Market Paathshala: The many moods of yield curve Fed lowers long-run US rate outlook as growth stays tepid Oil prices climb amid fall in US stockpiles, Middle East worries COMMODITIES PRECIOUS METAL Commodity Price/Unit % Change Volume preciousMetalDesc Gold Expiry: 05-12-2019 35230.0 0.80% 6 preciousMetalDesc Gold Guinea Expiry: 30-08-2019 27793.0 0.45% 43 VIEW MORE BASE METAL Commodity Price/Unit % Change Volume baseMetalDesc Zinc Expiry: 30-08-2019 203.9 1.70% 56 baseMetalDesc Lead Expiry: 28-06-2019 157.5 1.45% 2368 VIEW MORE OIL & ENERGY Commodity Price/Unit % Change Volume oilEnergyDesc Crude Oil Expiry: 19-09-2019 4076.0 1.47% 2 oilEnergyDesc Crude Oil Mini Expiry: 19-09-2019 4088.0 1.47% 62 VIEW MORE OTHERS Commodity Price/Unit % Change Volume outhersAsc Mentha Oil Expiry: 30-08-2019 1265.0 -1.78% 31 outhersAsc Mentha Oil Expiry: 28-06-2019 1249.9 -0.90% 358 VIEW MORE RECOMMENDATIONS FOR THE DAY HDFC Bank Ltd. Buy HDFC Bank, target Rs 2,900: Emkay Global Buy Tata Power Company Ltd. Buy Tata Power, target Rs 94: Edelweiss Securities Buy Maruti Suzuki India Ltd. Hold Maruti Suzuki, target Rs 6,700: Emkay Global Hold QUICK LINKS Equity Movers | 52 WK Low | Only Buyers | Only Sellers | Upcoming IPOs Follow Us: Download ET Markets App: About us|Advertise with us|Feedback|Sitemap|Code of Ethics More Newsletters: Daily Newsletter | Markets Watch | ET Investment Opportunities | Wealth | View all © 2019 Times Internet Limited. To ensure delivery directly to your inbox, please add etnotifications@indiatimes.com to your address book today. If you are having trouble viewing this newsletter, please click here, To unsubscribe or edit your subscriptions please click here