Gold price tops Rs 40,000 mark | Mutual funds still shunning NBFC exposure | Fresh debt defaults on horizon

To keep you updated, we send ET Markets Newsletter to your mailbox. In case, you wish to Unsubscribe Click Here

DAILY BRIEF Thu, Aug 29, 2019 #Q1Results#SmallcapHunters#IPOs#ExpertViews#StockRecos SENSEX 37068.93 -382.91 NIFTY 50 10948.30 -97.80 Gold 39159.00 -6.00 USD/INR 71.77 -0.01

TOP OF THE DAY Fresh debt defaults on horizon: Check out stocks on watch list The problem is more pronounced in housing finance companies and shadow banks. Govt to announce more measures to boost economy: Sitharaman Gold price tops record Rs 40,000 mark as recession fears deepen Revival in consumption and investment high priority areas: RBI Funds shun exposure to India's NBFC debt Scrap capital gains tax, go for higher STT: Samir Arora F&O: Nifty setup weakens, range shifts lower to 10,700-11,300

Top Gainers NSE 1 company (largecap) appreciated more than 5% Sun Pharma 5.22% More from Gainers Top Losers NSE 4 companies (largecap) price decreased more than -3% SBI -3.65% YES Bank -3.53% More from Losers 52 Week High NSE 14 companies touched new 52-week high today Baba Agro Food Ltd. 8.19% Nestle India 1.59% More from 52 Week High

AdvertorialPenalty you will pay for missing ITR filing deadline and who won't have to pay If you file your return after midnight of Aug 31, then you are liable to pay a late fee of upto Rs 10,000. AdvertorialGen 5 Fossil Touchscreen Smartwatch comes with Google Assistant, multi-day battery life The inbuilt speaker allows the wearer to answer phone calls right from the wrist.

SBI's credit card business aims to raise $1.1 billion via IPO SBI has already tapped banks to run IPO process and listing is expected to happen in Q4 of FY20. After Market: Paint stocks@52-week highs; LVB, Amara Raja crack Aberdeen seeks shelter from trade war in India, Southeast Asia A nil-debt, low PE, big vision stock that promises to deliver

Market moguls Podcast Video Waiting for Godot! Can there really be an end to US-China trade war? ETMarkets Evening Podcast: Should investors start accumulating stocks now? Banks send Sensex 383 pts lower, Nifty ends August F&O series at 10,948

RECOMMENDATIONS Cummins India Ltd. ICICI Securities maintains buy on Cummins India, revises target price to Rs 679 Buy InterGlobe Aviation Ltd. Buy IndiGo, target price Rs 1914: ICICI Securities Buy Blue Star Ltd. Buy Blue Star, price target Rs 829: Reliance Securities Buy Mahindra Logistics Ltd. Buy Mahindra Logistics, target Rs 415: ICICI Securities Buy HDFC Life Insurance Company Ltd. Motilal Oswal downgrades HDFC Life to neutral, target price Rs 550 Neutral

Stocks can't keep defying the drag of an economic slowdown A three-day rally in stocks faded Wednesday after a gauge showed weakness in the economy. Manish Gunwani makes a bull case for midcaps Zerodha faces 2nd snag in 6 months; leaves traders miffed Why Chakri Lokapriya is ready to buy Tata Global Beverages

Quick Links Markets Live | Market Stats | IPOs | Technicals | Commodities | Forex

Follow Us: Download ET Markets App:

About us|Advertise with us|Feedback|Sitemap|Code of Ethics More Newsletters: Daily Newsletter | Markets Morning | ET Investment Opportunities | Wealth | View all © 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