Overseas funds bet on DHFL revival | Reliance Infra rating cut to 'D' grade | ONGC, OIL price targets raised

To keep you updated, we send ET Markets Newsletter to your mailbox. In case, you wish to Unsubscribe Click Here MORNING NEWSLETTER Thu, Jun 27, 2019 Good Morning! Nifty may be readying to bounce back, but not all of its constituents. Stocks like Eicher Motors, L&T, ITC, M&M, Coal India and ONGC trade at a substantial discount to long-period averages while Bajaj Finance, RIL, Titan, Asian Paints, Kotak Bank, HUL and UltraTech Cement are at a substantial premium to their five or 10-year average price-to-earnings or price-to-book multiples. This has kept downside risk elevated and leaves limited room for a valuation re-rating. Read more about this and signs of revival at DHFL in this edition. #ValueInvestor#SmallcapHunters#Paathshala#ExpertView#Podcast

SENSEX 39592.08 157.14 NIFTY 50 11847.55 51.10 Gold 34378.00 -178.00 USD/INR 69.15 -0.20 OPENING BELL Stocks in news: SBI, Mindtree, Emami, Godrej Properties, Airtel SBI board will consider raising additional tier-1 capital on July 1. Revival signs? DHFL bond yields fall as trading gains traction Funds dealing in distressed assets seem to be the buyers of DHFL debt in the secondary market. CARE cuts Reliance Infra's credit ratings to 'D' HSBC raises target prices for ONGC and OIL Big divergence in Nifty valuations, says Motilal Oswal What changed for D-Street while you were sleeping Top buy, sell, hold ideas from Dalal Street experts EQUITY EVENTS Coming soon... ET Markets - Radio ETMarkets Morning Podcast: What's behind the rift in Godrej family? India's faceless tax scrutiny & more Jun 27, 2019, 08.27 AM IST | Tune in! Your daily digest of market news, views and cues. 04:58 EQUITIES PRICE SHOCKERS Stock Name LTP 3 Days % Change Mkt. Cap (Cr.) Lupin 768.70 7.84% 34108.91 UPL Ltd 958.45 7.68% 47654.1 Are you missing the Trend? Find it out Now VOLUME SHOCKERS Stock Name LTP Volume % Change Avg. Vol. Britannia ... 2732.90 301.17 345922 New Indian... 150.90 299.85 34097 Is this momentum going to continue? Check out NEAR 52 WEEK HIGH Stock Name LTP 52 Week High High % Gap Bajaj Fins... 8410.50 8474.00 0.76% Shree Ceme... 21860.10 22080.00 1.01% Will these stocks hit new hights? Track Now NEAR 52 WEEK LOW Stock Name LTP 52 Week Low Low % Gap Alkem Labo... 1696.90 1670.00 1.59% General In... 208.35 204.10 2.04% Will these stocks breach beyond its low levels? Track Now VIDEOS Sensex advances 157 points, Nifty settles at 11,848 ahead of June F&O ... Budget 2019 Expectations: FM must give more money to consumers, says L... 2019 to see serious wealth creation across m-caps: Vikas Khemani BENCHMARKS INDICES TOP INDEX FOR THE DAY S&P BSE Metal 11264.38 2.88% 100 BOTTOM INDEX FOR THE DAY Nifty IT 16101.75 -0.70% 4060 IMPACT SECTORS Sector Name Market Cap Rs Cr. Market Cap % Change Metals - Non Ferrous 166159.9 3.67% 5214141010 Retail 164370.36 2.52% 39390617 India thriving, but expensive in global context: Julius Baer "We could see a major emerging markets boom in early 2020s, similar to what we saw in 2002 and 2003." KPR Agrochem doesn't have enough shine, can skip IPO Emami in talks with 3 firms to sell stake in cement biz Adani Port raises $750 million by selling overseas bonds Global crude oil prices fall as market awaits G20 summit, OPEC COMMODITIES PRECIOUS METAL Commodity Price/Unit % Change Volume preciousMetalAsc Gold Guinea Expiry: 28-06-2019 27400.0 -0.93% 67 preciousMetalAsc Silver Expiry: 05-12-2019 39103.0 -0.72% 27 VIEW MORE BASE METAL Commodity Price/Unit % Change Volume baseMetalDesc Nickel Expiry: 30-08-2019 911.2 1.00% 154 baseMetalDesc Nickel Expiry: 31-07-2019 904.8 0.97% 25936 VIEW MORE OIL & ENERGY Commodity Price/Unit % Change Volume oilEnergyDesc Crude Oil Expiry: 19-09-2019 4174.0 2.56% 12 oilEnergyDesc Crude Oil Mini Expiry: 19-09-2019 4198.0 2.18% 93 VIEW MORE OTHERS Commodity Price/Unit % Change Volume outhersDesc Mentha Oil Expiry: 31-07-2019 1270.8 1.36% 1117 outhersDesc Mentha Oil Expiry: 30-08-2019 1283.6 1.15% 32 VIEW MORE RECOMMENDATIONS FOR THE DAY AIA Engineering Ltd. Add AIA Engineering, target Rs 1,811: IIFL Add Spicejet Ltd. Buy SpiceJet, target Rs 179: Edelweiss Securities Buy Bharat Heavy Electricals Ltd. Reduce Bharat Heavy Electricals, target Rs 60: Edelweiss Securities Reduce 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