Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<ul><li>The 30-share BSE Sensex was trading 215 points higher, and NSE Nifty was trading 0.43% higher at 13,025 points at 9:55 am.</li><li>Here’s a list of the top losers and gainers in the Nifty pack. </li><li>These are the top stocks that are buzzing in trade today.</li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>Indian equity benchmark indexes edged higher on Tuesday following their best monthly gain since April, with sentiment boost from a smaller-than-expected contraction in<a href="https://www.businessinsider.in/policy/economy/news/indias-gdp-shrunk-7-5-in-july-september-markets-had-feared-much-worse/articleshow/79448045.cms"> Asia’s third-largest economy</a>. The 30-share BSE Sensex was trading 215 points higher, and NSE Nifty was trading 0.43% higher at 13,025 points at 9:55 am. Here’s a list of the top losers and gainers in the Nifty pack. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Gainers </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Losers </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">GAIL </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Nestle India </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Shree Cement Limited </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Kotak Bank </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">UltraTech Cement </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">M&amp;M </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Grasim </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Titan </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Infosys </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Dr Reddy’s Lab </td></tr></tbody></table>*as of December 1, 9:50 am These are the top stocks in news today. Escorts slips into the red post-November sales The shares of major tractor Escorts slipped in red on profit booking post-November sales update. The company reported a 33% year-on-year increase in November sales led by a 91% jump in exports. Bajaj Auto trades 2% higher The shares of Bajaj Auto gained over 2% after the company reported 5% year-on-year in November sales led by robust two-wheeler sales. HCC trades 7% higher The shares of Hindustan Construction Company gained over 7% after the company in a joint venture with Vensar Constructions Company (VCCL), has received two separate contracts worth ₹236 crore from the Northeast Frontier Railway. ICICI Lombard up over 2% The shares of ICICI Lombard gained over 2% after the Insurance Regulatory and Development Authority of India (IRDAI) gave an in-principle approval for the acquisition of the non-life insurance business of Bharti Axa General Insurance by ICICI Lombard General Insurance Company. Indiabulls Housing Finance gains 3% The shares of Indiabulls Housing Finance soared over 3% after it further sold a portion of its stake in OakNorth Holdings to raise approximately ₹93 crore. Future Consumer plunges over 4% The shares of Future Consumer plunged over 4% after Bennett, Coleman &amp; Company (BCCL) reduced its stake in the company to 4.25% from 6.33% via open market transaction. Premier Explosives locked in 5% upper circuit The shares Premier Explosives were locked in a 5% upper circuit after the company bagged a contract worth ₹14 crore from the Ministry of Defence for the supply of 26 mm Chaffs. SEE ALSO:<a href="https://www.businessinsider.in/business/auto/news/heres-what-to-expect-from-maruti-mm-hero-bajaj-auto-in-november-car-bike-sales/articleshow/79489474.cms" data-type="tilCustomLink"> November auto sales estimates — Here’s what to expect from Maruti, M&amp;M, Hero, Bajaj Auto, and other automakers</a> <a href="https://www.businessinsider.in/india/news/centre-invites-agitating-farmer-unions-for-talks-on-december-1-two-days-ahead-of-a-scheduled-meeting/articleshow/79502391.cms" data-type="tilCustomLink">Centre invites agitating farmer unions for talks on December 1, two days ahead of a scheduled meeting</a>

Top stock movers — Bajaj Auto, Future Consumer, Escorts, HCC, ICICI Lombard, Indiabulls Housing Fin, Premier Explosives, and others

<ul><li>At 7:40 am, the SGX Nifty was up 0.50%, indicating a positive start for Nifty50.</li><li>Here’s a list of stocks to watch for in trade today. </li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>Indian stock-market indices are likely to have a slow start on Tuesday, led by mixed cues from the global markets. At 7:40 am, the SGX Nifty was up 0.50%, indicating a positive start for Nifty50. However, on Monday, the US stocks ended low as investors booked profits following a sharp rally in recent weeks that led to the benchmark’s best November ever. The Dow Jones Industrial Average closed 271 points lower, and the S&amp;P 500 was down 0.46%. These are the stocks to watch out for during the trading session today: Dr Reddy’s Laboratories Dr Reddy’s Laboratories inked a pact with Glenmark Pharmaceuticals to acquire its select anti-allergy brands in Russia, Ukraine, Kazakhstan and Uzbekistan. The acquired brands represent two types of products — mometasone mono-product and combination of mometasone with azelastine, which is indicated for the treatment of seasonal and perennial allergic rhinitis, it added. The company, however, did not disclose financial details. Indiabulls Housing Finance Indiabulls Housing Finance further sold a portion of its stake in OakNorth Holdings to raise approximately ₹93 crore. Hindustan Construction Company Hindustan Construction Company (HCC), in a joint venture with Vensar Constructions Company (VCCL), has received two separate contracts worth ₹236 crore from the Northeast Frontier Railway for the construction of single line BG tunnels Lot 14A and Lot 15A on a 51.38-km long Bairabi-Sairang New BG Rail line in Manipur. M&amp;M, Tata Motors, Bajaj Auto, Maruti Suzuki, TVS Motor, Hero MotoCorp and other auto stocks M&amp;M, Tata Motors, Bajaj Auto, Maruti Suzuki, TVS Motor, Hero MotoCorp and other auto stocks will be in focus during the trade today. The companies are slated to report their November sales data today, and according to <a href="https://www.businessinsider.in/business/auto/news/heres-what-to-expect-from-maruti-mm-hero-bajaj-auto-in-november-car-bike-sales/articleshow/79489474.cms">Nirmal Bang estimates, </a>a strong show is expected led by strong festive demand. TVS Motor TVS Motor is set to acquire 100% stake in advanced fleet management solutions provider Intellicar Telematics for a cash consideration of ₹15 crore. SRF SRF’s resin plant, set-up in Thailand by its wholly-owned subsidiary has been commissioned and capitalised at the cost of $19 million. Premier Explosives Premier Explosives has bagged a contract worth ₹14 crore from Ministry of Defence for the supply of 26 mm Chaffs. Punjab National Bank Punjab National Bank’s base rate cut by 15 basis points to 8.65% from 8.8%, effective from December 1. Future Consumer Bennett, Coleman &amp; Company Limited (BCCL) reduced its stake in Future Consumer to 4.25% from 6.33% via open market transaction. Fortis Healthcare Aberdeen Standard Investments Ltd increased its stake in Fortis Healthcare to 5.02% from 4.96% via open market purchases. SEE ALSO:<a href="https://www.businessinsider.in/business/auto/news/heres-what-to-expect-from-maruti-mm-hero-bajaj-auto-in-november-car-bike-sales/articleshow/79489474.cms" data-type="tilCustomLink"> November auto sales estimates — Here’s what to expect from Maruti, M&amp;M, Hero, Bajaj Auto, and other automakers</a> <a href="https://www.businessinsider.in/india/news/centre-invites-agitating-farmer-unions-for-talks-on-december-1-two-days-ahead-of-a-scheduled-meeting/articleshow/79502391.cms" data-type="tilCustomLink">Centre invites agitating farmer unions for talks on December 1, two days ahead of a scheduled meeting</a>

Top stocks to watch — Dr Reddy’s, Indiabulls Housing, M&M, Tata Motors, Bajaj Auto, Maruti, Hero Moto, PNB, and others

<ul><li>At 7:40 am, the SGX Nifty was down 0.28%, indicating a slow start for Nifty50.</li><li>Here’s a list of stocks to watch for in trade today. </li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>Indian stock-market indices are likely to start on a tepid note on Wednesday, led by negative cues from the global markets. At 7:40 am, the SGX Nifty was down 0.28%, indicating a slow start for Nifty50. On Monday, the <a href="https://www.businessinsider.in/stock-market/news/us-stocks-slip-as-surging-virus-cases-lead-to-new-lockdowns/articleshow/79610953.cms">US stocks also declined as a surge in COVID-19</a> cases across the country led to renewed lockdown orders. The Dow Jones Industrial Average closed 0.49% lower, and the S&amp;P 500 was down 0.19%. These are the stocks to watch out for during the trading session today: Canara Bank Canara Bank has set a floor price of ₹103.50 per share for its qualified institutional placement (QIP) to raise up to ₹2,000 crore. The bank sought its shareholders’ nod during the annual general meeting, held in August, for raising up to ₹2,000 crore by way of QIP. The shares of Canara Bank ended 6% higher on Monday. Titan Company The Tata Group company, Titan said its board has decided to scale down the operations of its wholly-owned subsidiary, Favre Leuba AG (FLAG), with immediate effect. Titan said that it has been continuously supporting FLAG, and has made a series of investments. However, the current COVID-19 pandemic has severely impacted the revival plans and prospects. The shares of Titan Company ended 0.65% lower on Monday. NBCC State-owned construction firm National Buildings Construction Corporation (NBCC) in a regulatory filing said it had bagged a contract worth ₹325 crore last month. The shares of NBCC ended 3% higher on Monday. HCC HCC defaults on loan payment worth ₹1,836.1 crore. The shares of HCC ended 4% higher on Monday. Sun Pharma The promoter of Sun Pharma, Shanghvi Finance, pledged 10 lakh shares on December 3 in favour of Deutsche Investments India as a security for the loan availed by a subsidiary company. The shares of Sun Pharma ended 2% higher on Monday. Coffee Day Enterprises Malavika Hegde, the wife of late VG Siddhartha Hegde, has been appointed as Chief Executive Officer (CEO) of Coffee Day Enterprises from December 7. The shares of Coffee Day Enterprises are suspended from the Indian stock exchanges. Gujarat State Fertilizers &amp; Chemicals The additional chief secretary to the government, urban development and urban housing department, Mukesh Puri has been appointed as the managing director of Gujarat State Fertilizers &amp; Chemicals. The shares of Gujarat State Fertilizers &amp; Chemicals ended 4% higher on Monday. Goa Carbon Goa Carbon said its production in November was up 59% at 14,309.200 MT as against 9,006.000 MT in October. The shares of Goa Carbon ended 1% lower on Monday. SEE ALSO: <a href="https://www.businessinsider.in/science/health/news/bharat-biotech-applies-for-emergency-use-approval-for-its-covid-19-vaccine-covaxin/articleshow/79617391.cms" data-type="tilCustomLink">Bharat Biotech applies for emergency use approval for its COVID-19 vaccine Covaxin</a> <a href="https://www.businessinsider.in/science/health/news/covid-19-vaccine-in-india-expert-panel-to-review-pfizer-serum-and-bharat-biotechs-emergency-use-application-tomorrow/articleshow/79617336.cms" data-type="tilCustomLink">COVID-19 vaccine in India: Expert panel to review Pfizer, Serum and Bharat Biotech's emergency use application tomorrow</a>

Top stocks to watch — Canara Bank, Sun Pharma, Titan, NBCC, Gujarat State Fertilizers, Coffee Day, and others

<ul><li>The 30-share index was trading 0.86% higher, and the Nifty50 rose 92.25 points at 9:50 am.</li><li>These were the top losers and gainers in the Nifty pack. </li><li>These are the top stocks that are buzzing in trade today.</li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>Indian stock market index Sensex surged over 300 points in early trade on Wednesday, tracking gains in index-heavyweights Reliance Industries, Infosys and HDFC Bank amid positive domestic and global cues. The 30-share index was trading 0.86% higher, and the Nifty50 rose 92.25 points at 9:50 am. These were the top losers and gainers in the Nifty pack: <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Gainers </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Losers </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Infosys </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Bharti Airtel </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">RIL </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Steel </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Dr. Reddy's Laboratories </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">JSW Steel </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Britannia </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">TCS </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">ITC </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">IndusInd Bank </td></tr></tbody></table>*as of September 23, 10:00 am These are the top stocks that are buzzing in trade today. RIL shares gain 2% The shares of Mukesh Ambani owned RIL gained 2% after it secured <a href="https://www.businessinsider.in/business/news/mukesh-ambani-reliance-retail-gets-its-second-investment-in-two-weeks-kkr-invests-5550-crore/articleshow/78267281.cms">₹5,550 crore investment from American PE firm KKR</a>. With this investment, KKR will take up a 1.28% stake in Ambani’s retail venture. Bharti Airtel and Vodafone Idea shares dip Bharti Airtel and Vodafone Idea down shares were trading in red in an otherwise firm market. Bharti Airtel was down 4%, and Vodafone Idea lost 5% after the government informed the parliament that Telecom operators, including Bharti Airtel and Vodafone Idea, have to pay 10% AGR dues demanded by the Department of Telecommunications (DoT) by March 31. Also, Ambani-owned Jio unveiled its JioPostpaid Plus plans in a bid to lure more customers. The company will offer subscriptions to Netflix, Amazon Prime and Disney + Hotstar with a monthly tariff from ₹399 to ₹1,499 with different benefits. Hindustan Construction Company (HCC) shares trade 7% higher The shares of Hindustan Construction Company was trading 7% higher after the company said it had completed the sale of Farakka-Raiganj Highways to Cube Highways and Infrastructure II Pte, at an enterprise value of ₹1,508 crore. Sterling and Wilson Solar leaps 18%, TCS down 2% The shares of Shapoorji Pallonji subsidiary Sterling and Wilson Solar gained 18% after the SP group told the SC that a separation from the Tata Group is necessary due to the potential impact this continuing litigation could have on the livelihoods and the economy. Excluding TCS, the last quarter losses of all the listed group companies of approximately ₹14,000 crore have caused great concern, SP Group has said. TCS and Tata Steel also lost nearly 2% after this during the early trade hours. Future Enterprises down 3% The shares of Kishore Biyani owned Future Enterprises lost 3% after it defaulted again on interest payments of ₹15.86 crore for its non-convertible debentures. With this, the other Future Group stocks slumped too— Future Retail down 4%, Future Lifestyle Fashions down 3%, and others were in the red as well. SEE ALSO:<a href="https://www.businessinsider.in/business/corporates/news/hindustan-unilever-chairman-is-urging-the-government-to-spend-more-to-boost-consumption/articleshow/78267444.cms" data-type="tilCustomLink"> Data shows why HUL Chairman is urging the government to spend more to boost consumption</a> <a href="https://www.businessinsider.in/india/news/your-unconfirmed-train-ticket-may-now-get-you-a-plane-ride/articleshow/78267879.cms" data-type="tilCustomLink">Your unconfirmed train ticket may now get you a plane ride</a>

Top stock movers — RIL, TCS, Sterling and Wilson Solar, Tata Steel, Airtel, Vodafone Idea and more

New Delhi, The <keyword id="1259130" type="PERSON" weightage="20" keywordseo="production-cost">production cost</keyword> of India's steel producers using the blast furnace route would remain contained in the near term due to China's ban on <keyword id="10497991" type="UNKNOWN" weightage="20" keywordseo="australian-coking-coal">Australian coking coal</keyword>, India Ratings and Research (<keyword id="1704466" type="COMPANY" weightage="20" keywordseo="Ind-Ra">Ind-Ra</keyword>) said. Accordingly, the <keyword id="10497992" type="UNKNOWN" weightage="20" keywordseo="chinese-move">Chinese move</keyword> will lead to softer coking coal prices which shall directly support EBITDA per tonne accretion of around Rs 2,600 over FY21 for companies using the blast furnace route. "Such companies are likely to have reduced cost of <keyword id="113521" type="PERSON" weightage="20" keywordseo="steel-production">steel production</keyword> by around ₹1,800 per tonne YoY in 2HFY21, supported by the reduced cost of coking coal per tonne of around ₹7,300," Ind-Ra said in a report. As per Ind-Ra, China's ban has led to negative bias on coking coal prices. It expects Australia premium hard coking coal (HCC) CNF prices would be around $120 per tonne over remaining FY21, except for any weather-related supply disruptions in Australia. "Despite China's healthy steel production growth of 7% YoY in the first 7MFY21, its coking coal imports have significantly reduced by 12% as against an increase of 14% YoY in FY20, reflecting the country's increased reliance on domestic coking coal. "Considering the low coking coal imports by China in 7MFY21 and a possible further reduction amid China's ban on Australian coking coal, an excess supply would build-up unless Australian miners reduce their output considerably. "Hence, Ind-Ra understands coking coal prices would remained soft although other major coking coal importers such as India, Japan and South Korea's production levels have recovered them to pre-covid levels," Ind-Ra added. Lately, China and Australia were the largest coking coal trade partners in the world. China's imports and Australia's exports, respectively, form 40% and 65% of the world's overall coking coal trade. "As Chinese end-users are likely to increase their domestic coal production or import coking coal from countries such as Indonesia, Russia, Canada and the US, Indian buyers would gain more bargaining power with Australian coking coal. "India and China have been the largest consumers of Australian coking coal, competing with each other and composing 25% and 24% respectively, of Australia's total metallurgical coal exports." SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/top-stocks-to-watch-mrs-bectors-ril-bharti-airtel-vodafone-idea-ilfs-interglobe-aviation-future-group-deepak-nitrite-jubilant-foodworks-and-others/articleshow/79933826.cms">Top stocks to watch – Mrs Bectors, RIL, Bharti Airtel, Vodafone Idea, IL&amp;FS, InterGlobe Aviation, Future Group, Deepak Nitrite, Jubilant FoodWorks, and others</a> <a href="https://www.businessinsider.in/stock-market/news/there-are-one-of-only-17-indian-companies-out-of-500-that-aced-the-du-pont-test/articleshow/79911627.cms">There are one of only 17 Indian companies out of 500 that aced the Du Pont test</a> <a href="https://www.businessinsider.in/business/corporates/news/wipro-buyback-offer-details-and-700-million-metro-ag-deal-drives-share-price/articleshow/79911875.cms">Wipro offers 10% more to buy back shares and signs a $700 million deal with Metro AG – everything that’s driving the IT services stock higher today</a>

China's ban on Australian coking coal to benefit India's steel producers, says India Ratings and Research

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"></div></div></div>Here is what you need to know.China warns. The <a href="http://www.businessinsider.com.au/chinas-central-bank-just-lowered-its-2015-gdp-growth-forecast-2015-6">People's Bank of China cut its 2015 growth forecast to 7.0% from 7.1%</a> and lowered its 2015 inflation forecast to 1.4% from 2.2%. The central bank also lowered its expectations for imports, exports, fixed asset investment, and producer prices. "Although GDP growth in the first half of this year has been weaker than expected, we have reasons to expect some modest recovery in sequential growth in the second half of this year," the PBOC said in a statement.Bank of Japan governor mentions a 'very weak' yen. According to Reuters, <a href="http://www.businessinsider.com/the-yen-just-exploded-upwards-after-bank-of-japan-chief-haruhiko-kuroda-said-the-exchange-rate-is-very-weak-usdjpy-2015-6">governor Haruhiko Kuroda said Japan's real effective exchange rate was "very weak,"</a> causing speculation the yen may not drop much further from here. Recent selling had pushed the yen to a 13-month low of 125.86 per dollar. The yen is stronger by 0.9% at 123.21 per dollar.Germany's 10-year yield crossed above 1.00%. Wednesday's selling has Germany's benchmark yield at its highest level in nine months. The yield hit a session high of 1.056%, up almost 100 basis points from the record-low 7.4 basis points set April 20. The weakness in Germany has corresponded with the continued selling of sovereign debt around the world. Germany's 10-year yield is up 6 basis points at 1.01%.MSCI will not add Chinese shares to its benchmark index. According to MSCI, there are still <a href="http://www.businessinsider.com/afp-msci-defers-including-shanghai-market-in-global-index-2015-6">"remaining issues" over market access</a> to Chinese shares. China's Shanghai Composite had been supported recently by speculation MSCI would include Chinese listings in its emerging-market index. The Shanghai Composite is up almost 60% this year.Tokio Marine Holdings has agreed to acquire HCC Insurance for $7.5 billion. Tokio Marine will pay <a href="http://www.nytimes.com/2015/06/11/business/dealbook/tokio-marine-hcc-insurance-deal-billion-dollar-takeover.html?_r=0">$78 per share</a>, a 37.6% premium to HCC's closing price on Tuesday. According to The New York Times, "The bid also mirrors moves by Tokio Marine's domestic rivals to expand outside of Japan, where an aging population is expected to cut into the results of insurers." The deal is expected to close in the fourth quarter.Target will raise its dividend after all. The retailer <a href="http://www.businessinsider.com/target-dividend-and-share-buybacks-announcement-june-9-2015-6">erroneously posted a news release on its website</a> indicating the company would raise its quarterly dividend 7.7% to $0.56 per share and expand its stock-buyback program by $5 billion. Target took down the release, creating speculation the dividend increase and buyback would not happen. But <a href="http://www.reuters.com/article/2015/06/10/us-target-buyback-idUSKBN0OP2BX20150610">the company has since confirmed</a> that both will indeed occur.A Netflix split is probably coming. The company's request of the board to issue more shares has been approved. The new issue will <a href="http://www.bloomberg.com/news/articles/2015-06-09/netflix-investors-approve-share-increase-tied-to-planned-split">raise the number of shares outstanding to 5 billion</a>, from the current 170 million, and pave the way for a stock split. According to Bloomberg, the stock is up 89% this year.Tesla's Model X is coming. Tesla CEO Elon Musk says <a href="https://www.google.com/url?sa=t&amp;rct=j&amp;q=&amp;esrc=s&amp;source=newssearch&amp;cd=1&amp;cad=rja&amp;uact=8&amp;ved=0CCEQ-AsoBDAAahUKEwjfwdqf9YTGAhUTMowKHZMyAOY&amp;url=http%3A%2F%2Feconomictimes.indiatimes.com%2Fnews%2Finternational%2Fbusiness%2Ftesla-chief-elon-musk-says-model-x-suv-will-be-delivered-in-3-4-months%2Farticleshow%2F47608118.cms&amp;ei=KxF4VZ-AAZPksAST5YCwDg&amp;usg=AFQjCNGxv-LSaU1jdTHGJN9TxKbRLmqbNA&amp;bvm=bv.95039771,d.eXY">deliveries for the Model X will begin in three to four months</a>. According to the Financial Times, the automaker accepted 20,000 reservations for its third car, which was originally supposed to begin production in 2013. It has been delayed because of technical issues. The Model X will most likely feature Tesla's autopilot system.Stock markets around the world are mixed. Hong Kong's Hang Seng (-1.1%) led markets lower in Asia, and Germany's DAX (+0.7%) paces the advance in Europe. S&amp;P 500 futures are up 7.50 points at 2087.50.US economic data is light. Crude-oil inventories are due out at 10:30 a.m. ET, and the Treasury budget will be released at 2 p.m. ET. The US Treasury will reopen $21 billion 10-year notes at 1 p.m. ET. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/audi-r8-driverless-concept-car-china-ces-a8-e-tron-2015-5">The driverless electric supercar concept that Audi brought to China would impress Iron Man</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="QwaXRhdTr4Qs1El0VVMn_HAYjrgr7CCG" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

You Searched For "HCC share price" and got 6 results

Top stock movers — Bajaj Auto, Future Consumer, Escorts, HCC, ICICI Lombard, Indiabulls Housing Fin, Premier Explosives, and others

Navdeep Yadav

Top stocks to watch — Dr Reddy’s, Indiabulls Housing, M&M, Tata Motors, Bajaj Auto, Maruti, Hero Moto, PNB, and others

Navdeep Yadav

Top stocks to watch — Canara Bank, Sun Pharma, Titan, NBCC, Gujarat State Fertilizers, Coffee Day, and others

Navdeep Yadav

Top stock movers — RIL, TCS, Sterling and Wilson Solar, Tata Steel, Airtel, Vodafone Idea and more

Navdeep Yadav

China's ban on Australian coking coal to benefit India's steel producers, says India Ratings and Research

IANS

10 things you need to know before the opening bell

Jonathan Garber

Popular Keywords

Buying Guides