While major lenders have offered term sheets of up to ₹6,000 crore, smaller funds have shown interest in providing loans ranging from ₹800 crore to ₹1,000 crore, contributing to the larger financing package.

Both the brokerages have raised the target price for the shares by 3-5%. The average target price for the shares is ₹5,490, estimates from Bloomberg showed. While this implies that the stock is unlikely to gain much from the current levels, the shares are showing strength on technical charts.

A person aware of the development told ET that according to current classifications, banks' holdings of the CBDC could be eligible for other mandatory reserve requirements but not the CRR.

OFS in state firms returned between 25 and 500% in 11 companies of the 17 in which New Delhi chose this route to dilute ownership. Only one offer is presently trading below OFS price.

The domestic 3w volume rose by 80% year-on-year to 1,32,236 units while the total volume dropped by 8.4% to 10.5 lakh units reflecting the weakness in the 2w category where the volume dropped by 18%. The share of 3w in the total volume increased to 12.5% from 6.4% a year ago.

KPR Mills stock witnessed some resistance around Rs 770 levels in January 2022 and failed to hold on to the momentum on the weekly charts. It found support above Rs 480 levels twice – once in June 2022 and then again in December 2022. Finally, it gave a breakout from the consolidation range last week and is sustaining above the same

Under the new framework, Sebi has introduced incentives for large corporates in case of surplus in the requisite borrowings and moderated disincentives if they fail to raise at least 25 per cent of their incremental borrowings through debt securities.

Megacap stocks, barring Tesla, turned positive after Powell's prepared remarks before the Economic Club of New York. Traders now see a 68% chance of no rate hike in December compared with a near 50% chance before Powell's remarks, according to CME's FedWatch Tool, while bets on a pause in November remained unchanged

"We are attentive to recent data showing the resilience of economic growth and demand for labor. Additional evidence of persistently above-trend growth, or that tightness in the labor market is no longer easing, could put further progress on inflation at risk and could warrant further tightening of monetary policy," Powell said in remarks to the Economic Club of New York.

Indian equity indices ended in the red on Thursday, dragged by banking, financial, and IT stocks. The S&P BSE Sensex closed 0.38% lower at 65,629, while the NSE Nifty 50 index ended below the 19,650 level."Nifty is trading near the 50-day SMA (Simple Moving Average). For the traders now, the 50-day SMA or 19625 would act as a trend decider level. Above the same, we could see a technical bounce back till 19700-19735 levels. On the flip side, below 19625 the index could retest the level of 19520-19480," said Shrikant Chouhan, Head of Research (Retail) at Kotak Securities.Here are the 6 stock recommendations for Friday:

Rivals including Rivian Automotive, Lucid Group and Fisker fell between 3.3% and 4.5%, while legacy automakers such as Ford were down around 0.6%. The comments marked a change in tone from Tesla CEO Musk, who had said last year that his company was "recession-resilient". The EV maker missed revenue estimates on Wednesday by the most in more than three years despite hefty price cuts.

Netflix shares rose to $396.20, putting them on course for the biggest one-day percentage gain in nearly three years, with the company on track to add more than $22 billion to its market capitalization.

Tepid sales in China for its new iPhone models have fueled concerns about Apple’s ability to justify its pricey valuation and avoid a streak of four consecutive quarters of falling revenue — which would be its worst run since 2001. That’s as the company grapples with political tensions with China and overheating devices, while KeyBanc this month became the latest firm to downgrade the stock.

During Thursday's trading session, the Sensex benchmark index experienced a decline of about 248 points, concluding the day at 65,629. Despite this market downturn, five stocks included in the BSE IT index reached their highest prices in the last 52 weeks. The 52-week high is particularly important for certain traders and investors as it serves as a crucial technical indicator for assessing a stock's present worth and predicting potential price changes. This figure signifies the peak price at which a stock was transacted over the previous year.Aurionpro Solutions | New 52-week high: Rs 1545.75 | CMP: Rs 1545.75In the last month, the stock has rallied about 23%.

According to reports, the offer price is set around Rs 109.4-111.6 per share and the transaction is valued at 1,024 crore. SoftBank holds a 2.17% stake in the company, at the end of September quarter.

The Dow Jones Industrial Average rose 4.44 points, or 0.01%, at the open to 33,669.52. The S&P 500 opened higher by 6.76 points, or 0.16%, at 4,321.36, while the Nasdaq Composite gained 40.50 points, or 0.30%, to 13,354.80 at the opening bell

As per the latest corporate shareholdings filed, Sunil Singhania publicly holds 27 stocks with a net worth of over Rs 2,570.1 crore. Meanwhile, from its portfolio, it slashed stakes in nearly 6 stocks. The latest quarter tends to have missing data since not all companies may have reported their shareholding data till now. (Data Source: Trendlyne)

During Thursday's trading session, the Sensex benchmark index experienced a decline of about 248 points, concluding the day at 65,629. Despite this market downturn, five stocks included in the BSE IT index reached their highest prices in the last 52 weeks. The 52-week high is particularly important for certain traders and investors as it serves as a crucial technical indicator for assessing a stock's present worth and predicting potential price changes. This figure signifies the peak price at which a stock was transacted over the previous year.Aurionpro Solutions | New 52-week high: Rs 1545.75 | CMP: Rs 1545.75In the last month, the stock has rallied about 23%.

Suzuki’s Rs 5/share investment in Maruti 42 years back, is now valued at Rs 10,800/share. Here’s the history of Suzuki’s investment in Maruti through the years (Source: ETNow)

The domestic 3w volume rose by 80% year-on-year to 1,32,236 units while the total volume dropped by 8.4% to 10.5 lakh units reflecting the weakness in the 2w category where the volume dropped by 18%. The share of 3w in the total volume increased to 12.5% from 6.4% a year ago.

The S&P BSE Sensex fell by over 200 points while the Nifty50 managed to hold on to 19600 levels. Sectorally, buying was seen in auto, consumer durables, and FMCG stocks while metal, energy, oil & gas and power stocks saw some selling pressure

As per the latest corporate shareholdings filed, Sunil Singhania publicly holds 27 stocks with a net worth of over Rs 2,570.1 crore. Meanwhile, from its portfolio, it slashed stakes in nearly 6 stocks. The latest quarter tends to have missing data since not all companies may have reported their shareholding data till now. (Data Source: Trendlyne)

On the daily charts, Nifty has taken support at the 19,530 – 19,500 zone, where support in the form of 61.82% Fibonacci retracement level of the previous rise from 19333 – 19850 is placed. We expect Nifty to stage a pullback after the recent sharp correction in the past couple of days.

HUL said Rs 18 oer share interim dividend will be paid to the shareholders on or after November 16, 2023, the company said in a filing to the exchanges.

Equity benchmark indices declined for the second consecutive session on Thursday amid weak trends in global markets and fresh foreign fund outflows. Disappointing quarterly earnings numbers and revenue forecast from IT services company Wipro also weighed on investor sentiments. The 30-share BSE Sensex fell 247.78 points or 0.38 per cent to settle at 65,629.24 points. During the day, it plunged 533.52 points or 0.80 per cent to 65,343.50 points. The Nifty declined 46.40 points or 0.24 per cent to 19,624.70 points.

India's 4th largest IT company Wipro's earnings were dubbed as disappointing by top foreign and domestic brokerages. The brokerages maintained their reservations on the Wipro stock as well. So should you buy, sell, or hold? Here's what the brokerages recommend.

From the Sensex pack, Wipro, Sun Pharma, Tech Mahindra, and NTPC closed in the red, while Nestle, UltraTech Cement, IndusInd Bank, and L&T closed in the green. The market capitalisation of all listed companies on BSE declined by Rs 50,738 crore to Rs 320.90 lakh crore. The market breadth was skewed in the favour of the bulls. About 1,862 stocks gained, 1,830 declined, and 140 remained unchanged on the BSE

Nestle India stock rose to a lifetime high of Rs 24,168.15 on the National Stock Exchange. Gains in the stock on Thursday were backed by strong volumes of 2,25,600 shares, way above the six-month daily average volume of 65,749 shares.

Understand the significance of Relative Strength Index (RSI) and how it impacts stock movement as we delve into why certain stocks are witnessing declining RSI trends.

There are sectors which under perform for years and then they come back to focus. Thanks to the fact that the textile industry was completely dominated by China and other countries, the Indian textile industry has been in bad shape for decades. However, post covid, partially due to China Plus one narrative. Secondly due to the fact that the government has been focusing on manufacturing, textile stocks have come into focus. This list is drawn from Stock Reports Plus, powered by Refinitiv, with over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum.

Data on Wednesday suggested the economy is stabilising, but analysts and investors are still concerned if the economy has truly bottomed out, with the property sector mired in a deep contraction.

According to the company, PREF I has been fully deployed across four office assets in Bangalore and Mumbai which are 100% leased to Grade A tenants like LG, Tata Finance and 24/7 AI.

ETMarkets unravels the significance of the Golden Crossover and explores 5 Nifty stocks that have recently experienced this bullish pattern.

ETMarkets delves into the Relative Strength Index (RSI) to uncover 5 stocks that appear overbought but have bearish RSI trends, shedding light on the importance of RSI in stock analysis.

Discover why assessing the Relative Strength Index (RSI) is vital for investors as ETMarkets highlights 5 stocks trading in the overbought zone, despite the complexities that such situations present.

Medium-term investors can look to buy the stock on dips for a possible target of 3800-4000 in the next 3 months, suggest experts.

There are sectors which under perform for years and then they come back to focus. Thanks to the fact that the textile industry was completely dominated by China and other countries, the Indian textile industry has been in bad shape for decades. However, post covid, partially due to China Plus one narrative. Secondly due to the fact that the government has been focusing on manufacturing, textile stocks have come into focus. This list is drawn from Stock Reports Plus, powered by Refinitiv, with over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum.

In today's mutual fund analysis, ETMarkets centered its attention on the best-performing stocks from the smallcap funds for the ongoing fiscal year. Smallcap funds typically consist of around 621 stocks, and among these, 57 stocks have experienced significant gains and turned into multibaggers in FY24. To refine our selection, we have exclusively considered stocks that are held by a minimum of 5 smallcap mutual fund schemes and whose prices have surged by more than 100% in FY24. (Data Source: ACE MF, ACE Equity).Smallcap funds allocate a minimum of 65% of their assets to smaller companies, as defined by SEBI, which categorizes them as companies ranked above 250 in terms of market capitalization.

In some segments like cars and two wheelers do have witnessing rising sales in festive season. But this time in case of even in these two segments, what would be more interesting to watch would be the fact how much sales the EV segment is able to get. If there is a sharp jump in EV numbers then it would mean that the final inflection point as far as the price is concerned will be higher than what has been estimated earlier. Which means early adoption. So when companies announce their sales numbers for the following months, October, November and December, it would throw a light on possible winners for next year.

The company's consolidated revenue for the quarter under review came at Rs 2411.67 crore, a rise of 17.7% YoY, and a 3.9% gain sequentially. While, the dollar revenue came at $291.71 million, a 14.1% increase as compared to the year-ago period.

Boasting at least 33% return this year, Mahindra Manulife Small Cap Fund, Franklin India Smaller Cos Fund, Bandhan Emerging Businesses Fund, Union Small Cap Fund and Nippon India Small Cap Fund top the list of best-performing funds.

The company's board has also approved an interim dividend of Rs 20 per equity share. The record date for the same is fixed as October 27.

A former student of Benjamin Graham, CEO of Berkshire Hathaway and current primary shareholder Warren Buffett is one of the most successful investors of all time. Buffett is noted as a legendary value investor, though he is also believed to incorporate an emphasis on management quality and company growth prospects. Based on the ideas of Warren Buffett, a custom screen made by MarketSmith emphasizes metrics looking for companies with long-term past and potential future growth.Here are 6 Indian stocks that match Warren Buffett’s style of investing, as listed on MarketSmith:

Medium-term investors can look to buy the stock on dips for a possible target of 3800-4000 in the next 3 months, suggest experts.

Cases have been filed in both federal and state courts in the United States and in Canada against Namaste Laboratories, Dermoviva Skin Essentials and Dabur International - all of which are subsidiaries of Dabur India Limited.

A glimpse of this could be seen in the strong inflows in thematic/sectoral funds. Thematic/sectoral funds have garnered inflows of more than Rs 18,900 crore, so far in 2023.

Among the ones who came out with their post-earnings review of the stocks were BofA, Kotak Institutional Equities and Nuvama and all of them have a buy view on the counter. Meanwhile, Motilal Oswal chose to take a neutral stance on the counter.

In the NSE list of stocks with a market cap of over Rs 1,000 crore, three stocks close prices crossed above their 200 DMA (Daily Moving Averages) on October 18, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

In the domestic pack, Kotak Institutional Equities recommended a Sell, while Nuvama and Motilal Oswal took a hold and neutral stance, respectively raising concerns on exports outlook.

The MNC said this is being done to enhance the liquidity of company's equity shares and to encourage participation of retail investors by making equity shares of the company more affordable.