Bain Capital is other key contender; binding bids submitted last week. Shriram Housing offers an opportunity for a PE player to benefit from the sharp growth expected in India's affordable housing space, which has gained significant momentum following the post-Covid shift in favour of home ownership

The proposal to offer employee stock ownership plans or ESOPs, has been on the backburner for a while but it may advance after the Lok Sabha polls, said people familiar with the development. “There have been talks with government last month on issues pertaining to PSBs, including ESOPs,” abank executive said, adding that lenders will soon present a framework to the government.

HCLTech and Tata Consultancy Services (TCS) poised to dominate Indian outsourcing industry with expectations of revenue growth acceleration in FY25 driven by higher discretionary expenses and strong deal wins in the US market.

The lot size has been cut down from 50 to 25 for the benchmark Nifty, and from 40 to 25 for Nifty Financial Services and to 50 from 75 for Nifty Midcap Select. The lot size for Bank Nifty will remain unchanged at 15.

These stocks are expected to return between 12% and 45% as per analysts’ price targets.

Indian lenders adapt to JIT tool with SNA 'SPARSH' for timely fund releases, impacting liquidity in state schemes. RBI utilizes e-Kuber for payments, potentially affecting 24x7 banking demands.

Cement prices set to rise despite demand slowdown before elections. Analysts warn of margin contraction. Price hikes vary by region, with southern India experiencing substantial increases.

The price target implies an upside potential of 14.4% from Tuesday's closing. The stock hit ₹202 - the highest level since November 2017 - before closing at ₹201.05. Macquarie said the company is its top pick among NBFCs and has the potential to double in three years.

The brokerage had sought approvals from the bourses for transferring shares owned by existing promoter Reliance Capital to Aasia Enterprises LLP - a Hinduja Group entity. The approvals come in the wake of a successful bid for Reliance Capital by Hinduja group entity IndusInd International Holdings (IIHL), a promoter entity of IndusInd Bank.

In today's trade, shares of JSW Energy, Dixon Tech, ZEE, PC Jeweller, Shriram Properties among others will be in focus due to various news developments.

Sebi Chairperson, Madhabi Puri Buch, applauds FPI's trust in India's growth as local equities peak. Market efficiency enhanced with shorter settlement cycles, reflecting global confidence in Indian markets.

Brokers' borrowing costs from NBFCs for margin funding have surged to 10-11% from 8-8.50% earlier. Industry officials ET spoke to attributed the decision to increase loan rates to brokers to two reasons. One is that the Reserve Bank of India nudged NBFCs to do so amid concerns about elevated leverage in the stock market.

Tejas Networks stock hit a record high of Rs 939 on October 18, 2023, but failed to maintain the momentum. It is trading below both 50 and 200-DMA but the Relative Strength Index is around the oversold zone. The stock recorded a strong bullish candle on Monday with gains of over 7%.

Sebi Chairperson, Madhabi Puri Buch, applauds FPI's trust in India's growth as local equities peak. Market efficiency enhanced with shorter settlement cycles, reflecting global confidence in Indian markets.

Data on Tuesday showed new orders for U.S.-manufactured goods rebounded more than expected in February, while U.S. job openings held steady at higher levels. Now the focus is on Friday's U.S. non-farm payrolls data, which is likely to show job additions slowed in March although average earnings ticked higher compared to the previous month.

Sebi Chairperson, Madhabi Puri Buch, applauds FPI's trust in India's growth as local equities peak. Market efficiency enhanced with shorter settlement cycles, reflecting global confidence in Indian markets.

The acquisition of shares in MG Motor India will grant InfoEdge India Fund 8.70% of the voting and economic rights, according to a statement by the antitrust regulator. The acquirer is a large value fund for accredited investors, a scheme by IndoEdge which is a contributory determinate trust registered with the Securities and Exchange Board of India as an alternative investment fund, it said.

Ace investor Ashish Kacholia has picked up a 17.2% stake in homegrown burger chain Jumboking for an undisclosed amount, becoming its second-biggest shareholder.

One of the big reasons the U.S. stock market has been on a nearly unstoppable run since late October is the expectation that the Federal Reserve will cut interest rates several times this year. It’s hinted as much, and an easing of rates would relieve pressure on both the economy and financial system.

Indian shares were muted on Tuesday after hitting record highs in the previous session, as losses in IT and financial stocks offset gains in metals stocks. The blue-chip NSE Nifty 50 index slipped 0.04% to 22,453.30 at the close, while the BSE Sensex shed 0.15% to 73,904."The short-term trend of Nifty remains positive. Though Nifty is placed at the crucial overhead resistance around 22,500 levels, still there is no confirmation of any reversal pattern unfolding at the highs. A decisive move above the hurdle of 22,500-22,600 levels could open more upside in the near term. Immediate support is at 22,350 levels," said Nagaraj Shetti, senior technical research analyst at HDFC Securities.Here are 4 stock recommendations for Wednesday:

The world's most valuable automaker handed over about 386,810 vehicles in the three months to March 31, down 20.2% from the prior quarter. It produced 433,371 vehicles during the period. Wall Street on average had expected Tesla to deliver 454,200 vehicles, according to 18 analysts polled by Visible Alpha.

Troubled telecom operator Vodafone Idea on Tuesday said it has held an extraordinary general meeting to seek shareholders' approval to raise up to Rs 20,000 crore by issuing securities. VIL, in a statutory filing, said that the results of the voting will be intimated, separately.

The company said the spin-off was achieved by GE’s distribution of all shares of the common stock of GE Vernova Inc. Each holder of record of GE common stock received one share of GE Vernova Inc. common stock for every four shares of GE common stock held on March 19, 2024.

According to Trendlyne data, these five BSE midcap stocks outperformed their specific industries, while their PEs were lower than their sectoral PEs.

A QIP is a way for listed companies to raise capital by issuing shares to eligible institutional bidders. Details of the QIP, dates, and pricing are yet to be determined.

This is part of the periodic revision of lot sizes for derivatives contracts done by exchange under the prescribed guidelines of Sebi.

The S&P BSE Sensex fell over 100 points while the Nifty50 closed above the 22,450 level. Sectors like consumer durables, oil & gas, the public sector, and utilities, saw buying while IT, telecom and banks saw some selling pressure.

The short-term trend of Nifty is positive. Though it is placed at the crucial overhead resistance around 22,500 levels, there is no confirmation of any reversal pattern unfolding at the highs.

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:

Sebi chairperson Madhabi Puri Buch on Tuesday said the Indian capital markets are commanding higher valuations because of foreign investors' optimism and trust in the country.

The Board has also authorised the finance committee to take all the necessary decisions in this regard. JSW Energy is one of the leading private-sector power producers in India. The company has established its presence across the value chains of the power sector with diversified assets in power generation, and transmission.

​Shares of metal companies surged Monday, leading gains in a session where benchmark indices hit lifetime highs. The Nifty Metal index also surged to a record, ending with near 4% gains on positive manufacturing data from China amid brightening prospects of a June start to the US rate easing cycle.

Benchmark equity indices closed slightly lower on Tuesday due to mixed global cues. ICICI Bank, Kotak Bank, and IT stocks dragged the market. Sensex fell 111 points to settle at 73,904, while Nifty dropped 9 points to end at 22,453. The market capitalisation of all listed companies on the BSE surged by Rs 2.42 lakh crore to Rs 395.57 lakh crore. The market breadth was skewed in favour of the bulls.

ICICIdirect has picked up nearly 8 dozen stocks as its top bets across sectors. According to the brokerage, Nifty is expected to see a 930-point rally from Monday’s closing of 22,462.

Nuvama forecasts a gradual recovery for consumer staples in FY2025, picking top stocks amidst comparisons with Nifty FMCG index. Q4FY24 may show muted growth, with price hikes and ad spends expected in FY2025.

If one goes by what is happening on the street today, we probably are once again going back to a situation where mid-caps are charting their own journey and bulls are backing it. While the valuations are expensive, there is no point in fighting with liquidity, if it is going to mid caps and they are moving up irrespective of valuations or quality of stocks one cannot argue. But the only thing which as an investor one can do is to be careful when taking exposure to this segment of the market. Stay away from stocks where there is a narrative of stocks doing well that are not backed by fundamentals and track record. If the market stays like this, very soon once again there will be no dearth of tips floating in whatsapp groups and telegram channels. But there is enough evidence in history to show that finally it is earnings and valuations which decide what would be the price of stock price and clues about earnings come from just two things, sector and the management. So, focus on the sector and the quality and ability of management.

ICICIdirect has picked up nearly 8 dozen stocks as its top bets across sectors. According to the brokerage, Nifty is expected to see a 930-point rally from Monday’s closing of 22,462.

​Chinese stocks ended slightly lower on Tuesday, as sentiment remained muted between optimism over improved manufacturing activity data and hopes for more stimulus measures. Hong Kong stocks rose, led by energy and technology shares.

A short buildup is when there is a rise in open interest and volumes along with a decrease in the price of the underlying stock in the Futures and Options segment. Short buildup means more people are expecting the prices to go down and creating short positions. In Tuesday’s trading session, five stocks witnessed a build of fresh short positions. Here's the list:

Indian shares fell marginally on Tuesday, weighed by weaker information technology stocks after US data added to worries of a delay in interest rate cuts and a drop in financial services after a recent rally. However, in today's trade, four Nifty50 stocks hit new 52-week highs. Here's a list:

Axis Securities says Nifty earnings will post excellent growth of 15% CAGR over FY23-26. Financials remain the biggest contributors for FY24/25 earnings, it added. Amid this backdrop, here are the top stocks from the largecap space that the brokerage has recommended for April:

For HAL, Jefferies has a 12-month price target of Rs 3,900, indicating an upside scope of nearly 13% from the current levels. For Data Patterns, the price target of Rs 3,545 implies an upside of more than 31% from the current price.

There has been a transformation going in the automobile sector and its supply chain, the auto ancillary industry. Now a number of the large auto companies have been re-rated in the last one year. But the re-rating of the auto ancillary unit has been slower, for a valid reason. These auto ancillary units are dependent on their main buyers. So, for an auto ancillary company which has been supplying to TVS, Tata motors the process of transformation started a long time back but for some other where the major buyer has not even launched a single EV model, transition has been slower. But the biggest factor which distinguishes a winner and laggard in the auto ancillary industry is how proactive the management has been. We take a look at 6 stocks from auto ancillary space. Where either they are a literal monopoly in their segment or they have been focussing on EV much earlier or have been sharp to react to changing market conditions.

A long buildup is when there is a rise in open interest and volumes along with an increase in the price of the underlying stock in the Futures and Options segment. The long buildup is the occurrence of a long (buying) trend in the share market. In Tuesday's trading session, five stocks witnessed a build of fresh long positions. Here's the list:

The domestic fund investment captures all equity investment including equity funds, balance funds, ETF’s, index funds and arbitrage funds. Domestic funds were net buyers of equities in 11 out of the past 12 months.

India is making significant strides towards sustainable development through regulatory mandates like the Energy Conservation (Amendment) Bill 2022 and BRSR, unleashing investment opportunities for Indian businessmen and investors.

The index is up about 19% this year and scaled the 40,000 mark to record highs last month, although profit booking pushed it to a two-week low on Monday.

Europe's main stock markets climbed at the opening bell on Tuesday as traders returned to action after the Easter holiday. All three main markets were closed on Friday and Monday for the long Easter weekend.

As Nifty triples in bull market, attracting newbies, Sebi warns of frothy valuations and IPO excesses. Warren Buffett too advises to stay cautious in a greedy market.

Tata Technologies shares rose over 6% post joint venture with BMW to develop automotive software hubs. Warren Harris, CEO and MD, highlights commitment to digital engineering solutions for BMW, propelling digital transformation.