Ashish Kacholia reduced his stakes in Venus Pipes & Tubes and SG Finserve to below 1% each, despite having added these metals and finance companies to his portfolio in Q1. During the quarter, his net worth increased by 25.3% QoQ to Rs 2,541.1 crore. The ace investor also scaled back his stakes in Arvind Fashions and Bharat Bijlee to below 1% each. He held 1.1% and 1.8% in them, respectively in the previous quarter. (Source: Trendlyne)

It was a busy week for primary markets with five IPOs hitting the Street. Here's a brief look at closing subscription figures, allotment status and listing dates.

Analysts believe that the recent RBI's risk-weight revisions for banks and NBFCs may also have supported insurance company shares. The RBI's action raised the risk weights to 125% for NBFCs and 150% for banks, which will affect their profitability.

At present, key managerial personnel or insiders are allowed to trade, provided they are not in possession of unpublished price sensitive information(UPSI).

The S&P 500 closed nominally higher, while the Dow eked out a modest gain. The Nasdaq was dragged slightly lower by weakness in megacap momentum stocks.

According to global brokerage firm Jefferies, opinion polls and on-the-ground feedback suggest that the BJP's performance in the upcoming state elections may be better than initial expectations. The brokerage firm said it has reduced weight on NBFCs as the rate cut cycle seems to be at least six months away.

Berkshire Hathaway sold 1.56 crore shares at ₹877 apiece. Shares of Paytm fell 3.08% to close at ₹895 on Friday. Copthall Mauritius Investment and Ghisallo Master Fund bought shares worth ₹664.52 crore and ₹375 crore, respectively.

Of the 46 stocks, about 29 smallcap stocks scaled fresh 52-week highs in the last week. Some of the popular names in the smallcap list are SpiceJet, Latent View Analytics, SeQuent Scientific, Morepen Laboratories, Bliss GVS Pharma, SML Isuzu, Anand Rathi Wealth, Edelweiss Financial Services, Prataap Snacks, and 63 Moons Technologies.

The main three U.S. stock indexes were still set for their fourth consecutive weekly gains, driven by hopes that the Federal Reserve is done hiking interest rates and signs the U.S. economy remains resilient

Following this, there would not be any equity shares pledged with lenders and all equity shares of the company held by promoters and the promoter group will be free from any encumbrances, the company said.

The Global X Robotics & Artificial Intelligence ETF received $35.5 million in net inflows in the week ending on Wednesday, its strongest since June earlier this year, according to Lipper data.

The present investment seeks to strengthen the financial health of Policybazaar to meet its general operating expenses and enhance brand awareness, office presence and strategic initiatives.

In order to review the regulations, the capital market regulator set up a working group, who have made certain recommendations that will offer flexibility on trading plans for KMPs. The working group has recommended that the minimum cool-off period between disclosure of trading plans and implementation of the same may be reduced to 4 months from 6 months.

The Dow Jones Industrial Average rose 26.87 points, or 0.08%, at the open to 35,299.90

Other Adani stocks such as NDTV and Adani Power also rose 8.3% and 4.5%, respectively. Adani Energy Solutions, Adani Green Energy, Adani Ports and Adani Total Gas also rose over 1%.

According to Paytm parent’s red herring prospectus, Berkshire had acquired 17,027,130 shares of the company and the average cost of acquisition was Rs 1,279.70 a share. Berkshire then sold a part of its holding in the initial public offering of One 97 Communications in 2021.

It informed that the company has received notices from NSE and BSE on November 21, 2023, regarding non-compliance with the provision of Regulation 17(1) of the Sebi (LODR) for not having a requisite number of independent directors (including one woman independent director) on the Board during the quarter ended September 30, 2023.

"Since the introduction of trading plans in 2015, data and market feedback suggest that the current regulatory requirements in respect of trading plans are onerous and consequently, trading plans are not very popular," Sebi said in its consultation paper.

Berkshire Hathaway's unit BH International Holdings sold about 1.56 crore shares in the digital payments company. As of September end, BH International Holdings held a 2.46% stake in Paytm.

In the September 2023 quarter, JK Lakshmi Cement's revenue grew by 12% year-on-year to Rs1,452 crore. Its sales volume grew by 10%, which was similar to the 11% volume growth at the sector level. The operating profit before depreciation and amortisation (EBITDA) grew by 17% to Rs705 per tonne. Net profit grew by 41% to Rs83 crore.

For a sample of 29 listed banks, net profit grew by 32.9% year-on-year to Rs 76,764.9 crore in the September quarter; it was above Rs 70,000 crore for the second quarter in a row. Among the sample banks, the public sector banks (PSBs) reported net profit of Rs 33,643.3 crore, a year-on-year increase of 31% whereas profit for the private sector banks rose at a faster rate of 34.4% to Rs 43,121.6 crore.

The near-term uptrend status of Nifty remains intact. A sustainable up move above 19,900 could pull Nifty towards all-time highs and a decisive move below 19600 is likely to open a near-term downward correction for the market, said Nagaraj Shetti of HDFC Securities.

The brokerage picks Hero MotoCorp among its preferred buys in this space while choosing Tata Motors as a passenger vehicle play and Endurance Technologies and Craftsman Automation among auto ancillaries

Confused about the IPO application process? Wondering whether to apply and what terms like lot size and bid mean? Here's the step-by-step process of the IPO application.

Eurozone government bond yields were set to close the week higher as investors balanced recession fears against comments from European Central Bank policymakers pushing against market expectations for rate cuts in 2024.

From the Sensex pack, TCS, HCL Tech, and Wipro were the top laggards, falling 1-1.5%. Tata Motors, Tech Mahindra, Nestle, and Infosys also ended in the red. On the flip side, Axis Bank, ICICI Bank, HDFC Bank, JSW Steel, M&M, and Kotak Bank closed in the green.

Superstar investors of Dalal Street in their portfolio rejig during Q2 shed stake in many stocks but today we look at the companies that witnessed the highest selling. (Data Source: Trendlyne)

Last week, a company announced the launch of an EV tractor. The reaction on the street, a 20 percent jump in stock price in a single trading session. The company in question has been in this space for decades but the launch of just one product in the EV space changed the whole perception and re-rated the stock. It is very likely over the next couple of quarters that large old companies in the automotive industry may see such possible re-ratings. All those who were thinking that EV space belongs to startups only and old companies which dominate the internal combustion engine (ICE) segment will not make it to EV space, probably would have to go and once again read the story of tortoise and rabbit and who finally won.

Indian shares were flat on Friday, weighed down by a drop in IT stocks after a recent rally. Meanwhile, as per data available on StockEdge, several largecaps outperformed the benchmark Nifty50 index on a 1-week and 3-month basis as of November 23. Here's a list:

What is a bonus issue, and what is a stock split? While both seem similar, they are not. Watch!

Investors were buoyed by LIC's plans to launch 3-4 products over the coming months to push growth in its new business premium segment

After a bull run in 2021, 2022 brought volatility, fueled by high inflation, rising interest rates, and geopolitical tensions. As a result, many companies scrapped their IPO plans citing unfavourable market conditions. But in 2023, the total number of IPO listings have risen sharply, and reached the highest level in the past five years. Interestingly, over the past five years, the number of IPOs listing with gains has increased. As of November 20, 2023, 83% of IPOs have listed above their issue prices. Take a look (Source: Trendlyne)

Indian benchmark equity indices were flat on Friday, weighed down by a drop in information technology stocks after a recent rally. Meanwhile, five midcap stocks from the Nifty200 index managed to hit new 52-week highs on Friday. Here's a list:

In the entire calendar year, the market has 15 annual holidays in 2023, two more than last year. This year four market holidays fell on Saturdays and Sundays which are non-trading days in a week. Mahashivratri, Id-Ul-Fitr (Ramzan Id) and Muharram were observed on Saturdays and Diwali on Sunday

LIC is going to launch one product in the first week of December, he said, hoping that it will attract a lot of traction in the market. In addition, he said, loan facility and premature withdrawal would also be a feature of the new product.

Coming to the buildup of fresh short positions, When the stock prices move downward and open interest on the counter increases, it is taken as a sign of a long build-up.

In an interview with ETMarkets, Pawan Bharadia, managing director of Equitree Capital Advisors talks about the opportunities that the smallcap space continues to offer, the multi-year themes that will play out in India, and the firm’s strategy of generating alpha returns.

When the stock prices move up and open interest on the counter also moves upward, it is taken as a sign of a long buildup.

The increase in weight of Zomato in Wood's India long only portfolio comes on the back of strong quarter-on-quarter earnings by the food delivery app.

As per the valuation report issued by RBSA Valuation Advisors LLP, the Rs 10,420.85 price per share approved by Maruti Suzuki board is equivalent to Rs 12,841.1 crore in value terms.

"A wide range of shares were bought led by exporters, supported by rallies in US shares (on Wednesday) and the dollar's recovery to around 149.50 yen," Iwai Cosmo Securities said.

Financial services sector stocks tend to stay in news for many reasons. Right from regulatory changes which have once again brought limelight on them to global developments impacting the cost of capital, the financial service sector tends to deal with multiple headwinds at the same time. However, given the fact that in a capital starved country like India, some segments of financial services are likely to grow despite all the challenges. So for long term investors, it is more of a matter of patience than anything else.

ETMarkets spoke to Dr. Poonam Tandon, Chief Investment Officer at IndiaFirst Life on markets risks and sectors to bet on in the next 12 months.

The news triggered a strong buying action with 1.03 crore shares changing hands on the NSE around 11:30 am.

To navigate this ever-changing performance, we need more than just a script. We need a director's vision.

Thanks to the easing of input cost pressures, a majority of companies that are part of the Nifty 500 index saw their operating profit, calculated as earnings before interest, taxes, depreciation and amortization (EBITDA), grow faster than sales in the last quarter.

LIC is going to launch one product in the first week of December, he said, hoping that it will attract a lot of traction in the market. In addition, he said, loan facility and premature withdrawal would also be a feature of the new product.

With the September quarter earnings season having come to an end without any major negative setbacks, global brokerage firm Jefferies has released its list of 27 top buy ideas. Here's a look at the top picks across sectors:

"We add Coal India, Honasa, Eicher, NTPC, HDFC Bank and ICICI Pru Life at the cost of cash, Marico, Maruti, Power Grid," Mahesh Nandurkar of Jefferies said, adding that cash is being redeployed as key macro concerns of higher US yields, rising oil prices and near-term state election results have subsided. Maruti was replaced with Eicher because two-wheeler demand is expected to grow at a faster pace than passenger vehicles over the next 2 years.

Investors had a change of hearts for the newly-listed stock after it impressed with 94% YoY growth in Q2 profit, 21% YoY rise in quarterly revenue to Rs 496 crore. Its Ebitda margin also expanded 170 bps YoY to 8.1% to its highest ever level.