Nifty PE at pre-financial crisis level is telling a story; watch these construction stocks; plus top BUY/SELL ideas

To keep you updated, we send ET Markets Newsletter to your mailbox. In case, you wish to Unsubscribe Click Here MORNING NEWSLETTER Wed, Mar 27, 2019 Good Morning! Can RBI dictate shareholding in a bank? Kotak Mahindra Bank has questioned the central bank's authority in this regard, citing Sections 12 and 12-B of the Banking Regulation Act, which it says "form a complete code on a matter of shareholding and voting rights in a bank and, therefore, circumscribe the powers of RBI in this regard." The Act, Kotak claims, does not empower RBI to require any bank to reduce any person's shareholding or require any person to lower their stake in a bank. It remains to be seen how the Mumbai High Court interprets these laws. Read more on this and about a spark of growth in construction firms in this edition. #ValueInvestor#SmallcapHunters#Paathshala#ExpertView#Podcast

SENSEX 38347.02 113.61 NIFTY 50 11509.35 26.10 Gold 32110.00 6.00 USD/INR 68.94 0.00 OPENING BELL Stocks in news: GMR Infra, Sheela Foam, RBL Bank, UBL Kotak Bank has questioned the RBI's authority to seek reduction of stake by any investor. Pre-poll rally lifts Nifty PE to levels before 2009 financial crisis The Nifty's current valuation is at 45 per cent premium to the 15-year average. KNR, PNC to see topline growth as road construction picks up Top buy, sell, hold ideas from D-Street experts What changed for D-Street while you were sleeping Buyback hopes cheer up investors of ailing PSUs Jet with clearer flight plan back on investors' radar Money and markets Mindtree's board has few options as it weighs a response to ... Money and markets L&T risks overpaying for Mindtree and also getting little in... Economy and policy The millennial dilemma: Too much to desire for, too little t... EQUITY EVENTS Coming soon... ET Markets - Radio ETMarkets Morning Podcast: US, China to resume trade talks; Rajan doubts 7% GDP growth rate & more Mar 27, 2019, 09.09 AM IST | Tune in! Your daily digest of market news, views and cues. 06:29 EQUITIES PRICE SHOCKERS Stock Name LTP 3 Days % Change Mkt. Cap (Cr.) Shubhlaxmi... 92.25 29.47% 63.86 Jet Airway... 281.00 24.31% 3078.49 Are you missing the Trend? Find it out Now VOLUME SHOCKERS Stock Name LTP Avg. Vol. Volume % Change Sheela Foa... 1234.15 3388.05% 1684.67 AIRAN 64.15 331.71% 34166.67 Is this momentum going to continue? Check out NEAR 52 WEEK HIGH Stock Name LTP 52 Week High High % Gap Agro Phos ... 77.00 59.40% -22.86 Axis Bank 760.90 767.00% 0.80 Will these stocks hit new hights? Track Now NEAR 52 WEEK LOW Stock Name LTP 52 Week Low Low % Gap Orchid Pha... 5.50 16.65% -202.73 HMT Ltd 20.50 32.45% -58.29 Will these stocks breach beyond its low levels? Track Now VIDEOS Sensex surges 200 points, Nifty tops 11,500; bank stocks rally Buy or Sell: Stock ideas by experts for March 27, 2019 Stocks in news: GMR Infra, Wockhardt, ICICI Pru, PVR BENCHMARKS INDICES TOP INDEX FOR THE DAY Nifty Media 2390.60 1.15% 6040 BOTTOM INDEX FOR THE DAY Nifty CPSE 2265.90 -0.50% 2773 IMPACT SECTORS Sector Name Market Cap Rs Cr. Market Cap % Change Equipments 38 3.17% 100 Iron and Steel 223187.16 3.07% 1642111714 Kotak Bank says RBI can't rule on shareholding Adds that Sec 12 & 12-B form a complete code on shareholding & voting rights in a bank and thus circumscribe p... Sebi panel likely to suggest bringing on par FPI, FDI caps India to set up gold board for spot exchanges India's earnings growth story continues: Vivek Mavani Fintech lenders find favour with millennials COMMODITIES PRECIOUS METAL Commodity Price/Unit % Change Volume preciousMetalDesc Gold Petal Expiry: 29-03-2019 3204.0 7.00% 11 preciousMetalDesc Silver Micro Expiry: 28-06-2019 38954.0 27.00% 58 VIEW MORE BASE METAL Commodity Price/Unit % Change Volume baseMetalDesc Lead Expiry: 30-04-2019 139.1 0.45% 35 baseMetalDesc Lead Expiry: 29-03-2019 137.2 0.40% 295 VIEW MORE OIL & ENERGY Commodity Price/Unit % Change Volume oilEnergyDesc Crude Oil Mini Expiry: 18-04-2019 4160.0 6.00% 7046 oilEnergyDesc Crude Oil Expiry: 18-04-2019 4162.0 5.00% 2791 VIEW MORE OTHERS Commodity Price/Unit % Change Volume outhersDesc Mentha Oil Expiry: 29-03-2019 1697.0 31.70% 16 outhersDesc Mentha Oil Expiry: 31-05-2019 1425.0 19.50% 7 VIEW MORE RECOMMENDATIONS FOR THE DAY Reliance Industries Ltd. Buy Reliance Industries, target Rs 1,415: Manas Jaiswal Buy IndusInd Bank Ltd. Buy IndusInd Bank, target Rs 1775: Manas Jaiswal Buy Godrej Industries Ltd. Buy Godrej Industries, target Rs 552: Dr CK Narayan Buy 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