NTADCL had faced financial challenges that led to the restructuring of debt totalling ₹575.34 crore in 2011. As part of the corporate debt restructuring (CDR) exercise, IDBI Bank and some other lenders converted senior debt into equity, with IDBI Bank holding ₹6.11 crore in equity shares.

Lending to large companies that shrank during the Covid period recovered in the last fiscal year. The Reserve Bank of India stepped in to improve the quality of retail lending, asking lenders to assign higher risk weights to unsecured lending. While this slowed down growth in such loans, it helped improve the loan books of banks.

This marked a 25% increase compared to December turnover, contrasting with a 7% growth in Nifty futures turnover on the NSE during the same period.

NBCC (India) Ltd has shown impressive growth, hitting Rs 176.50 high. Chart patterns indicate further potential for growth, supported by expert recommendations for targets of Rs 158-186 amidst bullish market sentiment. In terms of price action, the stock is trading above most of the crucial short- and long-term moving averages such as 5,10,30,50,100 and 200-DMA on the daily charts.

Shares of Starbucks fell 15% to their lowest in nearly two years on Wednesday, after the coffee chain cut annual forecasts on persistent weak demand from inflation-weary U.S. customers and a slower-than-expected economic recovery in China.

The ADP National Employment report showed U.S. private payrolls increased more than expected in April, while a separate reading showed U.S. manufacturing contracted in April. A measure of prices paid by factories for inputs approached a two-year high.

India has a hydropower potential of 250 GW of which only 21% is tapped. Since hydropower has one of the lowest greenhouse emissions, it is a preferred source of renewable energy. Despite that, the addition to hydropower capacity in the country was dismal due to long delay in environmental clearance and long gestation period in the construction of power plants accompanied by cost overruns.

That brings his total ownership to more than 114 million shares, which based on Wednesday morning's stock price, are worth USD 5.7 billion. Trump Media got its place on the Nasdaq after merging with a company called Digital World Acquisition Corp., a special purpose acquisition company, or SPAC. These type of mergers offer young companies quicker and easier routes to getting their shares trading publicly.

Shares of Starbucks fell 15% to their lowest in nearly two years on Wednesday, after the coffee chain cut annual forecasts on persistent weak demand from inflation-weary U.S. customers and a slower-than-expected economic recovery in China.

Indus Towers expects cash flows to improve in FY25 as it’s confident of quickly recovering its backlog of past dues from key customer, Vodafone Idea (Vi), especially as the latter has recently raised Rs 18,000 crore via the follow-on public offer (FPO) route.

The Dow Jones Industrial Average rose 29.6 points, or 0.08%, at the open to 37,845.56.

Stock markets may continue their winning run in May after registering gains in the past three months as investors' sentiment are upbeat amid India's promising economic growth prospects, the current government's potential re-election in the ongoing polls and robust participation from domestic investors.

Indian benchmark equity indices closed lower on Tuesday, dragged by financial and IT stocks. The S&P BSE Sensex closed 0.25% lower at 74,482, while the NSE Nifty50 index ended just above the 22,600 level.The stock market was shut on Wednesday on account of Maharashtra Day."Nifty witnessed selling pressure as it encountered resistance near the previous swing high, resulting in a weak closing. Over the next few days, the trend in the headline index might remain sideways unless it breaks above the all-time high of 22,783. On the downside, immediate support is placed at 22,500, below which the index might decline further," said Rupak De of LKP Securities.Here are 8 stock recommendations for Thursday:

YES Bank has strengthened its balance sheet though profitability remains burdened by an unproductive bulky rural infrastructure development fund. Its loan growth was healthy at 5% QoQ but deposits growth was strong at 10%

The S&P BSE Sensex fell nearly 200 points on Tuesday while the Nifty50 closed in the red after hitting a record high of 22,783. Sectorally, buying was seen in power, realty, and auto while energy, oil & gas, healthcare, and IT stocks saw some selling pressure.

The BSE smallcap index rallied nearly 10%, while the midcap index jumped over 7%. Within the smallcap space, over 500 stocks have delivered double-digit returns with the highest gain (Puravankara) going as high as 86%.

Most businesses experience periods of highs and lows. The key is determining whether these lows are part of a recurring cycle or the result of a one-time event. The agrochemical sector is currently in a downturn due to specific, isolated incidents. This includes a sudden rise in industry inventory and an oversupply that entered the market following the resumption of Chinese production after COVID-19 restrictions. Consequently, despite performing exceptionally well during the early stages of the bull run that began at the time of the breakout of COVID, the sector has been underperforming recently. The second question is, is this downturn an opportunity for long term investors or not. Given the way things are changing, whether it is China plus plus one or for that matter policy focus on manufacturing there are good reasons to believe that some of the agro chemical companies will do well as they do two things, expand their product portfolio and also backward integration.

Since algo trading depends hugely on quantitative models, it also presents certain challenges. Besides sophisticated computer algorithms and lightning-fast speed, a robust risk management system is also needed.

When a large private sector is instructed by RBI to stop doing some part of business and the stock tanks by more than 10 % it is bound to raise questions about whether the private sector banks have passed their best in terms of performance on the street. Literally every entity in the banking sector is being looked at and given the sheer size and number of banks there are some issues that are bound to come up. Only thing which investors should give importance to when looking at the macro picture is how GDP growth is shaping up

Splitting into Godrej Enterprises and Godrej Industries brings clarity, with no major immediate stock impact. Analysts await Vikhroli land development by Godrej and Boyce, potentially positive for stock.

ICICI Pru Child Care Fund-Gift Plan focuses on funding children's education with high returns. A Rs 10,000 monthly SIP could grow to Rs 1.90 crore, outperforming category returns. It blends equity and debt instruments, with notable exposure in telecom services.

With a positive investor response to Vodafone Idea FPO, UltraTech’s solid Q4 show and AB Capital and Century Textiles’ solid stock returns to investors have kept Aditya Birla Group stocks in the spotlight recently. Here's how the stocks have performed in 2024:

The Federal Open Market Committee will hold the target range for its benchmark rate at 5.25% to 5.5% — a two-decade high first reached in July — at the conclusion of its two-day policy meeting Wednesday. The rate decision, and possibly an announcement on the pace of its balance-sheet reduction program, will be released at 2 p.m. in Washington.

Investors are keenly observing the investment portfolios of top players in Dalal Street. ETMarkets, in this context, has chosen to analyse the investment holdings of the renowned investor Ashish Kacholia. Recent data for the March quarter indicates that Kacholia has publicly disclosed investments in approximately 50 stocks, valued at around Rs 3,123 crore as of April 30, 2024. It's important to mention that this list specifically includes companies where Kacholia holds a stake exceeding 1%, although it may not encompass all of his investments.

Federal Reserve's decisions, especially on interest rates, have a profound impact on global markets, including India. Chair Jerome Powell, could chalk out a future trajectory, without any rate cuts this year, or bring it down from the three rate cuts the other Fed officials were projecting. Young retail Indian investors can mistakenly treat these macroeconomic developments lightly, believing instead that it won’t have an impact on the Indian markets. But that would be a costly blunder.

The Federal Open Market Committee will hold the target range for its benchmark rate at 5.25% to 5.5% — a two-decade high first reached in July — at the conclusion of its two-day policy meeting Wednesday. The rate decision, and possibly an announcement on the pace of its balance-sheet reduction program, will be released at 2 p.m. in Washington.

Learn simple steps to test your personal investment portfolio for stress and take corrective actions to ensure financial preparedness. While the stress tests conducted by AMCs may be complex, as individual investors, we should also undertake simple steps to test our personal portfolios for stress and take corrective actions if needed so that we are well-prepared for any financially stressful situation.

UltraTech Cement outperformed in Q1 2024 despite challenges. Cost reduction plans, capacity expansion, and strong financials position it well for future growth. The stock's appeal to investors is supported by diverse strengths.

Bank of America advises Tata Communications on a $1 billion fund framework incorporating ESG standards. The funds will refinance existing loans, structure fresh loans, and offer pricing benefits tied to environmental, social, and governance targets.

Tesla dipped 5.2% following a 15% surge in the previous session after a report that CEO Elon Musk had dismissed two senior executives and plans to lay off hundreds more employees.

"Investors appear to have lightened their positions ahead of the US FOMC (Federal Open Market Committee) meeting this week," said Aamar Deo Singh, Sr. vice president of research at Angel One. "Further, today being Bank Nifty weekly expiry, added to the selloff."

Sebi approves increased FPI participation from NRIs and OCIs via IFSCs, simplifies mutual funds' passive schemes. Measures to deter front-running by asset management companies. Issuers can now offer NCDs and NCRPS at reduced face value.

Indian stock exchanges NSE and BSE will be closed on Wednesday for Maharashtra Day. MCX will have no morning trading but will resume trading in the evening, while NCDEX will remain shut all day. As per the BSE holiday calendar, trading holidays have been announced on 14 days in 2024.

The regulator said such FPIs with NRIs and OCIs as clients should be based out of International Financial Services Centres (IFSCs) in India and regulated by the International Financial Services Centres Authority (IFSCA).

Sanyo Special Steel, a Japan-based company, sells steel products globally and has manufacturing hubs in Europe and India. It is a part of Nippon Steel Corporation Group.

US labour costs increased in the first quarter amid a rise in wages and benefits, confirming the surge in inflation early in the year that will likely delay a much-anticipated interest rate cut later in 2024. On the earnings front, GE HealthCare lost 9.6% after the medical equipment firm missed estimates for first-quarter revenue, while McDonald's fell 0.9% as it missed profit estimates for the first time in two years.

During an earnings call after the quarterly result announcement, the company's management stated that it would reduce the cost of production per tonne by Rs200-300 in the next three years by focussing on a series of initiatives such as increasing investments in green power, reducing lead distance by improving distribution channel, and improving clinker-cement conversion.

The current transaction charges for S&P BSE Sensex options and S&P BSE Bankex options will continue to be levied for the period between May 1-10.

The current transaction charges for S&P BSE Sensex options and S&P BSE Bankex options will continue to be levied for the period between May 1-10.

PV volumes are likely to have grown at a healthy pace led by robust retail volumes (up over 10%). Meanwhile, CVs and tractors are expected to be broadly flattish, but better than the previous month, owing to the fading of the high base.

Markets regulator Sebi on Tuesday decided to provide flexibility to Venture Capital Funds (VCFs) to deal with unliquidated investments of their schemes beyond the expiry of tenure.

These contracts will not be available for trading from Monday, July 1, 2024, it said. The move comes as part of a partial modification to the exchange notice number dated September 8, 2021, and February 8, 2024, regarding the change in the expiry day of stock derivatives in equity derivatives segment.

Explosive demand and increased manufacturing capacity for Eli Lilly's weight-loss drug Zepbound drove the company to raise its annual sales forecast by $2 billion on Tuesday, lifting its shares nearly 6%.

US labour costs increased in the first quarter amid a rise in wages and benefits, confirming the surge in inflation early in the year that will likely delay a much-anticipated interest rate cut later in 2024. On the earnings front, GE HealthCare lost 9.6% after the medical equipment firm missed estimates for first-quarter revenue, while McDonald's fell 0.9% as it missed profit estimates for the first time in two years.

Indian private equity firm ChrysCapital has raised $700 million in new funds, allowing the firm to maintain its stake in India's National Stock Exchange (NSE) by buying itself out, the firm said Tuesday.

The Dow Jones Industrial Average fell 48.7 points, or 0.13%, at the open to 38,337.4.

Asset Management Companies are required to put in place a structured institutional mechanism for identification and deterrence of potential market abuse.

Short covering refers to the buying of shares in order to close an existing short position or a position that has been sold. Short covering signals a shift in view on a security from extreme bearishness to bullishness. In Tuesday's trading session, five stocks saw top short covering. Here's the list:

Long unwinding refers to selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Tuesday's trading session, five stocks witnessed a top-long unwinding. Here's the list:

PV volumes are likely to have grown at a healthy pace led by robust retail volumes (up over 10%). Meanwhile, CVs and tractors are expected to be broadly flattish, but better than the previous month, owing to the fading of the high base.