MapmyIndia, backed by JM Financial, aims for substantial revenue growth driven by new geospatial policies and diverse revenue streams.

As nifty touches a new all time high, the desire to look at one's portfolio and see whether it has touched a new high. There is a high probability that if one had a higher exposure to small cap stocks the value of one's portfolio might not have touched a new high. The reason, a large part of the small cap market is in a consolidation mode. This is once again a reminder of the fact that there are phases where small caps will not perform and investing in small caps should be delinked from what is happening in nifty. So, if one is looking for small cap stocks, look at individual basis, which industry they are operating, is the industry size is large and is going to grow, only when Industry has tailwind of growth these players are going to see a growth and when the growth is more than ordinary it is than there is possibility of outsized gains.

RVNL's stock surged by 3% on BSE following the KRDCL-RVNL JV securing a project worth Rs 156.47 crore from Southern Railway, showcasing a positive trend in the railway sector.

Shares of cement companies soared up to 17% on the BSE, driven by UltraTech Cement's acquisition of a non-controlling stake in India Cements via a block deal. India Cements surged 17% to Rs 299, crossing a $1 billion market capitalization for the first time. UltraTech Cement rose 6.5% to Rs 11,876.

It is the sector which has led the rally which the market has witnessed in the last 14 months and rightly so. If one looks at the history, the rallies which are led by the transportation and auto sector are more durable as sales of LCV and certain other auto segments is an indication of the economic situation on the ground. But there is another fact, which is that with a mad rush for stocks a number of them have seen sharp run with valuations moving upward sharply. There is no doubt that the Indian auto sector is going through a transformation and Indian companies are adjusting to it very well. So there is a situation, while the fundamentals are good and improving, valuations have seen a run up. So, there is a likelihood that we might see some cooling off, but that would bring an opportunity for investors who have missed the bus.

Heavyweights RIL, HDFC Bank and ICICI Bank were among the biggest contributors to Nifty's rise. Sectorally, buying was noticed in banks, FMCG, metals and pharma.

Winny Immigration's successful NSE SME platform debut with a premium reflects investor confidence, supported by strong financial performance and a focus on enhancing global mobility through visa consultancy services.

Robert Bosch is eyeing a bid for Whirlpool Corporation, led by CEO Stefan Hartung. The potential acquisition could include popular brands like KitchenAid and JennAir, strengthening Bosch's position in the home appliances sector.

Dindigul Farm Product's successful IPO debut and premium listing showcased strong investor interest, with revenues reaching Rs 68.74 crore by December 2023, managed by Beeline Capital Advisors and Link Intime India.

India Cements' shares jumped 13.7% in early Thursday, hitting a new 52-week high of Rs 299. This surge followed UltraTech Cement's approval to acquire a non-controlling 23% stake, crossing the company's market capitalization past the $1 billion mark. The deal, valued at approximately Rs 1,885 crore, saw about six crore shares traded in the pre-market session, with UltraTech purchasing India Cements shares at Rs 267 each.

Shares of CSB Bank, headquartered in Kerala, surged by 7% during the early trading session on the BSE, reaching Rs 382.10 per share. This increase followed news of investment firm FIH Mauritius selling a significant 9.6% stake in the bank through a block deal. The transaction, managed by IIFL, involved the sale of 1.68 crore shares of CSB Bank at a price of Rs 352.40 per share, reflecting a 1% discount to the previous day's closing price of Rs 355.95.

IIFL Securities stock performance was influenced by the association with Sanjiv Bhasin, facing SEBI inquiry for alleged stock manipulation. The company's significant stock returns over the past year were impacted by market actions. Bhasin's role in directing stock purchases and generating retail interest is under investigation, affecting the stock price movement.

Market volatility post Indian election triggered short-term turbulence, yet history shows eventual alignment with economic fundamentals. Resilient corporate earnings, infrastructure development and vigilant sector monitoring are emphasized for long-term strategic investments amidst fluctuating market conditions.

India Cements shares soared 10% during early trading on the Bombay Stock Exchange, reaching a new 52-week high of Rs 289.20. This surge followed UltraTech Cement's board approval to acquire a non-controlling 23% stake in India Cements. The deal, valued at approximately Rs 1,885 crore, involved the exchange of about six crore shares, with UltraTech Cement purchasing India Cements' shares at Rs 267 each during the pre-market session.

Chemical sector looks ripe to domestic brokerage firm InCred Equities and seems ready for a fresh up-cycle which is expected to last for the next few years.These stocks have either reversed from a long-term support or made a multiyear breakout retest which makes them quite safe as compared to the stocks which are witnessing a breakout which can fail if the markets correct, says InCred Equities.Below is the list of stock ideas:

Anupam Rasayan's Bullish Gartley pattern suggests a potential bounce back, with a target of Rs 1,040 and a stop-loss strategy below 670 on a weekly closing basis. Traders can consider building positions up to Rs 755 for potential gains.

Heavyweights RIL, HDFC Bank and ICICI Bank were among the biggest contributors to Nifty's rise. Sectorally, buying was noticed in banks, FMCG, metals and pharma.

UltraTech Cement approved acquiring a 23% stake in India Cements for Rs 1,885 crore at Rs 267 per share, describing it as a financial investment. UltraTech's stock surged 6% to Rs 11,811, and India Cements rose 12.5% to Rs 295.75 on the news.

Parekh agreed to pay Rs 25 lakh (around $30,000) for failing to have adequate controls to prevent insider trading, the Securities and Exchange Board of India said.

Experts suggest buying opportunities in stocks like Indus Tower, ICICI Bank, Grasim Industries, and Kotak Mahindra Bank for short-term traders, as per recommendations on ETNow.

Top brokerages like Jefferies, Equirus, Morgan Stanley provide ratings and targets for Dr Reddy's Labs, PI Industries, Go Digit, Bharti Hexacom. Recommendations include underperform, long, equal weight ratings with detailed insights on growth, acquisitions, and market positioning.

In the evolving market landscape, investors are driven by factors like rate cut speculations and a long-term investment view, shaping market sentiments. The recent surge in FII investments, particularly in bluechip stocks, indicates a strategic shift towards sustainable growth opportunities.

China's tax exemptions on bond investments set a precedent for India's sovereign debt market, likely attracting more foreign investors. The hurdles faced by outsiders in accessing the market include lengthy documentation, tax treaty variances impacting returns, and the need for registration via custodian banks for trading in certain bonds.

The majority of play in the options segment for the election results fear and greed and hope has been played in the weekly option settlement. Whatever little has been left would be over today as the June series expiry gets over. This is relevant because once this technical volatility is done and dusted the true picture would emerge for many segments of the market including the midcap segment. If one looks at their recent performance in the last few days of volatility, it is clear that there is not much selling pressure. If one goes on by the market breadth, there are indications that bulls might be back in control. Keep an eye on liquidity and the market breadth in the next few sessions as that will determine what happens to mid-cap stocks in the medium term. If the market breadth stays positive then it is very likely that we might see more strength in mid-caps. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.

Amazon.com Inc. crosses $2 trillion market value, influenced by AI applications and investments in AWS growth, Anthropic, and business-focused AI products like AI models and chatbot Q.

Old sectors witnessing new momentum in select stocks.

Inflation concerns impact markets worldwide, driving bond yields up and Asian shares down. Currency markets watch as the yen weakens, prompting fears of intervention. Unexpected jumps in inflation in Australia and Canada add to market nerves before the Federal Reserve's upcoming data release.

Amid economic uncertainties, the Federal Reserve's stress tests revealed big U.S. banks' resilience to a 40% drop in commercial real estate values. The tests underscored the challenges faced by regional banks and the need for robust risk assessment in the banking sector.

Promoter Mala Relan offloads 25 lakh shares of Sharda Motor Industries for 499 crore in a block deal on NSE, selling at 1,996 each. With an 8.76% stake as of March 31, major buyers include Nippon India MF, Edelweiss MF, HSBC MF, ICICI Prudential MF, and Axis Smallcap Fund. Sharda Motor's shares climb 3.13% to 2,060, outperforming the BSE Smallcap Index's 8.73% gain over the past month.

Strategic investments like Volkswagen's $5 billion in Rivian signal a shift towards sustainable energy. The market anticipates further developments in the electric vehicle sector. Investors carefully analyze such moves, impacting stock performances and sector trends. The market remains dynamic, responding to key catalysts and economic indicators for future insights.

“UPL stock has consistently traded above its 200-day moving average, indicating a positive long-term trend. Traders can buy for a target of Rs 596-640 in the next 1-2 months,” Kkunal V. Parar, Vice-President of Technical Research and Algo, Choice Broking, said.

Promoter Affle Holdings PTE divests 25 lakh shares of Affle (India) Ltd in a significant transaction on NSE, generating 322.5 crore. The sale, executed at 1,290 per share, reduces Affle Holdings' stake to 42.59%. The Monetary Authority of Singapore emerges as the buyer amidst Affle (India)'s 5.73% stock surge, closing at 1,364.

NSE's Nifty rose 147.5 points, or 0.62%, to close at 23,868.8 and hit a record of 23,889.90 during the day. BSE's Sensex rose 620.73 points, or 0.8%, to end at 78,674.25, having touched an intraday high of 78,759.40.

LTI Mindtree, an IT services company, is not focusing on succession planning as its current CEO, Debashis Chatterjee, will continue until December 2025. Larsen & Toubro (L&T) Group chairman AM Naik, who is also the non-executive chairman of LTIMindtree and L&T Technology Services, stated that the company has all its people, including a CEO, president of sales, and COO.

JSW Energy arm JSW Neo Energy signed power purchase agreements (PPAs) for wind and solar projects with a cumulative capacity of 1,325 MW.

The project has an offtake agreement with Norway's Yara and received pre-certification for ammonia. An offtake agreement is a contract to buy or sell goods in advance of production, which will facilitate financing for the project. Greenko has signed a term sheet with Yara Clean Ammonia in May this year, the trader and distributor of ammonia, for the supply of renewable ammonia from Phase 1 of AM Green's ammonia production facility in Kakinada, Andhra Pradesh.

According to the term sheet issued by the banker IIFL, FIH Mauritius Investments, an entity belonging to Fairfax Group is expected to sell 1.68 crore shares in the Kerala-based bank at a floor price of ₹352.4 per share. The floor price represents a 1% discount to Wednesday's closing price of ₹355.95.

Vedanta Group, in a statement, said that Finsider International Company, a subsidiary of Vedanta Resources, accepted a proposal from one of its banks Tuesday evening to sell 2.6% shares holding in Vedanta Ltd to a group of reputed institutional investors.

"Insider may make adjustments, with the approval of the compliance officer, in the number of securities and price limit in the event of corporate actions related to bonus issue and stock split occurring after the approval of trading plan and the same shall be notified on the stock exchanges on which securities are listed," Sebi said .

Shivalik Bimetal Controls, Ethos, and PNB Housing Finance show promise with strategic initiatives for growth and margin sustenance despite challenges. Analysts recommend these stocks with potential upsides ranging from 16% to 33%.

After hitting a high of Rs 688 on July 4, 2023, the agrochemical stock lost its steam and before long it dropped steadily towards 400-450 levels in February and then again in March 2024. UPL has, apparently, formed a strong base above 400 levels from where it bounced back smartly. It rose over 20% in the last 3 months, Trendlyne data showed.

Financial markets experience shifts as key tech and retail companies show varied performance. Wall Street awaits crucial inflation data. Analysts predict possible sector rotation based on earnings and inflation trends.

Jwalamukhi Investment Holdings, Infinity Consumer Holdings, WestBridge AIF I, Sixth Sense India Opportunities 11, and Konark Trust sold shares of Hindustan Foods in five separate block deals on the National Stock Exchange.

The stock climbed 3.4% to $192.70, pushing the e-commerce giant’s market value past $2 trillion. This elevation places it alongside technology giants like Microsoft Corp, Apple Inc, Nvidia Corp, and Alphabet in the elite $2 trillion club.

The investment is set to reinforce Rivian's dwindling cash reserves, push the startup nearer to profitability, and enhance its competitive stance in a market led by Tesla. As part of the agreement, Rivian will establish a joint venture with Volkswagen that is equally managed by both companies. This partnership will involve sharing electric vehicle architecture and software, which could later be utilized by Volkswagen's brands such as Audi, Porsche, and Lamborghini.

This year, Whirlpool, which owns brands like Maytag and KitchenAid, has experienced disappointing sales as U.S. consumers have reduced spending on major purchases. The company's stock has dropped 29% from the beginning of the year up to Tuesday's close.

​ German engineering group Robert Bosch is weighing a bid for U.S. appliances manufacturer Whirlpool, according to three people familiar with the matter, a move that would boost its position in the household appliances market.

Stock market benchmark indices Sensex and Nifty rallied for the third straight session and ended at their fresh all-time high levels on Wednesday in tandem with Asian peers and buying in Reliance Industries. The 30-share index climbed 621 points to settle at a new closing peak of 78,674. The Nifty went up by 148 points to a record closing peak of 23,869. The present upside momentum could find resistance at the highs of around 24,000-24,100 levels (1.786% Fibonacci extension of crucial bottom/top/bottom of 2020-2022) and one may expect next round of consolidation or minor weakness to emerge from the highs. Immediate support is at 23,650 levels, said Nagaraj Shetti of HDFC Securities.

The Rs 1,050-crore fundraising plan involves issuing 2,89,85,503 equity shares valued at Rs 400 crore and 4,48,27,582 convertible warrants valued at Rs 650 crore. These shares and warrants will be allotted to a total of 12 investors, including Kacholia.

Bulk deal data from the BSE reveals that Rashmi Chowdhary sold more than 26.93 lakh shares at Rs 1,618 each, netting approximately Rs 436 crore from the transaction. Chowdhary, a promoter of the railway sector company, owned over 1.28 crore shares, representing a 9.52% stake as of the end of March, as per the shareholding information available on the NSE.