Prestige Estates Projects shares rose 5% to Rs 1,227 on NSE after signing a Rs 2,001 crore deal with ADIA and Kotak AIF. The stock outperformed Nifty with 200% returns in last 12 months.

The stock was trading 3% higher at Rs 261 on BSE at 12:13 pm. It has advanced 51% in the last six months and 250% in the last year. Technically, the stock's day RSI (14) is at 52.2.

SRF stock closed at Rs 2,557 on 28 March 2024, above crucial moving averages. Traders advised to target Rs 2,900-3,000 in 3-4 weeks.

Prestige Estates Projects shares rose 5% to Rs 1,227 on NSE after signing a Rs 2,001 crore deal with ADIA and Kotak AIF. The stock outperformed Nifty with 200% returns in last 12 months.

IRDAI's enhanced surrender charge regulations set surrender value requirements based on policy year. Exposure draft included threshold premiums for non-linked products.

The instruments in which the ratings have been revised upwards include long term bank facilities, long term/short term bank facilities, bonds, long term instruments, non convertible debentures (NCDs), tier II bonds, fixed deposits and commercial papers.

As per Trendlyne data, the average target price of the stock is Rs 2,841, which shows a downside of 17% from the current market prices. The consensus recommendation from 12 analysts for the stock is a 'Buy'.

Morgan Stanley maintained an overweight rating on Infosys but slashed the target price to Rs 1750 from Rs 1820 earlier.

Once again everything is looking green, the way FY 25 has started, it appears that bulls were on short term break due to tight liquidity conditions which tends to appear in the last month of every financial year. While the local liquidity condition might improve, the issue of high valuation is still not over. It is still a time to be cautious in terms of not going overboard with taking exposure to a certain stock, selective about what one is buying. The reason, if the street becomes selective and gets into correction mode once again, it is stocks where there has been improvements in the business operating matrix will be able to weather the storm better. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

InterGlobe Aviation's market leadership through network leverage for international journey expansion anticipates robust demand growth from the rising middle class. IndiGo's differentiation with high frequency, codeshare, and large connectivity supports bullish brokerage outlook with a fair value of Rs 4,300.

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 Monday's trading session, five stocks witnessed a build of fresh long positions. Here's the list:

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 Monday's trading session, five stocks saw top short covering. Here's the list:

Dalal Street's FIIs and DIIs powered the equities euphoria in FY24, Nifty50 rose 27% with BSE market cap up at Rs 125 lakh crore. Smallcap Index soared 60%, driven by strong corporate earnings and US Fed rate cuts for potential FY25 performance.

Adani Total Gas stock has corrected from its 52-week high of Rs 1,259.40 which it hit on December 8, 2023, and is trading at a discount of 21% from the peak.

Indian equity indices surged on Monday, with Nifty50 hitting a record high. Several top companies gained in early trade, and sectoral indices showed positive trends. Experts expect sustained bullish momentum with a focus on largecaps for potential growth.

Dalal Street's FIIs and DIIs powered the equities euphoria in FY24, Nifty50 rose 27% with BSE market cap up at Rs 125 lakh crore. Smallcap Index soared 60%, driven by strong corporate earnings and US Fed rate cuts for potential FY25 performance.

InterGlobe Aviation is focussing on growing connectivity to have a larger share of international journeys and investing in systems and operations. The near-term outlook is comforting on both ASK (available seat kilometers) growth and pricing, reflective of IndiGo’s planning and strength of the underlying demand, said Arun Agarwal of Kotak Securities.

U.S. stock futures also pointed firmly higher following a market holiday on Friday, when the Federal Reserve released data showing their preferred inflation measure indicated price pressures are further easing, bolstering bets for a June interest rate cut.

The market capitalisation of all listed companies on BSE surged by Rs 4.7 lakh crore to Rs 391.67 lakh crore.

Nifty 50 opened strong and kept gaining till the last hour of trade, when it lost some altitude. But it still closed with a gain.

Indian markets ended FY24 on a bullish note, although it retreated significantly from its peak levels. Going forward, investors will keep an eye on RBI policy outcome scheduled later this week and auto sales numbers.Technically, analysts said Nifty witnessed bullish momentum after crossing its 20-DMA. However, it is near resistance to the previous all-time high of 22526.In this setup, here are 8 stocks that you can consider buying for robust returns in first week of FY25

Stocks that were in focus included names like IDFC First Bank, which fell 2.96%, VIP Industries, which jumped 11.05%, and Ambuja, whose shares gained nearly 2% on Thursday.

“NHPC stock has indicated a positive candle formation on the daily chart maintaining above the significant 50EMA level. Traders can buy for a target of Rs 105-110 in the next 3-4 weeks,” Vaishali Parekh, Vice President - Technical Research, Prabhudas Lilladher Pvt. Ltd., said.

Bank Of India has received a demand notice of just over Rs 1,000 crore from the assessment unit, Income Tax department, pertaining to AY 2016-17.

The UK's development finance institution said that it has a strong pipeline on both debt and equity investment in these two sectors and that it is looking for innovative ideas for funding.

The Reserve Bank of India (RBI) is expected to maintain interest rates unchanged in its upcoming meeting, according to an ET poll of 14 respondents. This would mark the seventh consecutive time the repo rate, currently at 6.50%, remains steady. Economists suggest that the RBI may wait until August 2024 for any rate changes, citing the need for clarity on monsoon outcomes, sustained economic growth, and US Federal Reserve decisions.

Ahead of this week's scheduled review meeting of the Monetary Policy Committee (MPC), market watchers and investors are keen to know the timeline for India's rate easing cycle. However, the texture - and driver - of India's robust economic growth rates suggest their wait will perhaps be of some duration.

ONGC's dividend contribution to the state was almost double the ₹3,636 crore dividend by Indian Oil Corporation (IOC), nearly three times Bharat Petroleum Corporation's ₹2,413 crore, close to four times GAIL's ₹1,863 crore and about ten times Oil India's ₹737 crore.These are interim dividends and a final instalment usually comes after the companies declare annual earnings.

But that's the seemingly outlandish threshold overseas funds were close to overhauling last month in gross purchases of Indian stocks - thanks to mouth-watering valuations for a raft of large-cap shares, and brightening re-rating prospects for many after conclusion of the biggest democratic exercise on the planet.

Nifty has a short-term bottom at 21,710 and has its eyes set on a new all-time high with a potential to stretch higher till 23,000–23,100 from a one-month perspective.

Raghavendra Rao, a former deputy managing director at the bank, Narayanan Sadanandan, a former CEO of SBI Pension Funds, and Anoop Krishna, former chief general manager of the corporate group at SBI, will join the private credit fund.

Lenders seek RBI guidance on protecting officers' identities identifying defaulters. Recent court order mandates disclosing committee members. Indian Banks Association seeks advice too. Risks highlighted for officers personally named.

To be sure, remittances are a source of permanent flows, unlike repatriable NRI deposits, and these help in narrowing the current account deficit (CAD), which has steadily shrunk as a percentage of India's gross domestic product (GDP).

Market participants say foreign investors are bullish about the country's prospects but are holding back a bit with uncertainty over the US Federal Reserve's interest rate actions looming and because of the National Elections.

"If ever there was a compelling case for a more systematic approach to active management, it's now," said Donald Calcagni, chief investment officer of Mercer Advisors Investment Management and a buyer of active emerging-market ETFs.

NHPC rose from Rs 88.15 as of February 29 to Rs 89.70 recorded on March 28, 2024, which translates into an upside of 1.7%. However, on a weekly basis, it has risen over 6%. The stock rallied nearly 40% in the last three months.

Indian shares advanced on Thursday to close the financial year with weekly and quarterly gains in a holiday-shortened week, led by financials. The S&P BSE Sensex closed 0.9% higher at 73,651, while the NSE Nifty50 index ended above the 22,300 level."The near-term uptrend of Nifty remains intact with high volatility. The next upside levels to be watched are around 22500-22600. Immediate support is at 22250-22200 levels," said Nagaraj Shetti, Senior Technical Research Analyst, HDFC Securities.Here are 8 stock recommendations for Monday:

In a financial year where the number of stocks gained is much larger than stocks that end in red, there are some surprises in the list of stocks that have ended FY 24 in red. Surprise because of two reasons. First, these are all largecap stocks where fundamentals are surely not in doubt. They have consistently seen earnings inching upward. Yes, one can have a debate about the rate of growth at which earnings have been less than satisfactory. But then they have grown, except in 3 cases, where one can argue that earnings are just refusing to move up. The second surprise is that some of them have created great wealth over the long term. So, if they have not been able to gain in one year should one ignore them. The list is filled with major surprises, a company that is amongst the top ten stocks in terms of market capitalization in the Indian stock market. History has shown that in the stock market, if the fundamentals of a company are fine, then sooner or later they make a comeback.

Indian shares advanced on Thursday to close the financial year with weekly and quarterly gains in a holiday-shortened week, led by financials. The S&P BSE Sensex closed 0.9% higher at 73,651, while the NSE Nifty50 index ended above the 22,300 level."The near-term uptrend of Nifty remains intact with high volatility. The next upside levels to be watched are around 22500-22600. Immediate support is at 22250-22200 levels," said Nagaraj Shetti, Senior Technical Research Analyst, HDFC Securities.Here are 8 stock recommendations for Monday:

It was after a long debate and committees getting formed that it was decided that stock exchanges and other institutions which play a pivotal role in the development of the capital market should be allowed to list on exchange for trading, though with some caveats. The fact is that after listing these companies not only continue to play a pivotal role in the development of the stock market but also have created a good amount of wealth for investors who were able to realise the fact that the best way to take exposure to ever growing capital formation ecosystem is to own these stocks. Some of these stocks have gained a good amount in the last three years, But the fact is that even there is a much longer runway for them as more savings gets into financial assets like shares, mutual funds and bonds. So, not only trade and trade and transact with them but also owning them might be a good idea for long term investors.

Here's a look at what to expect from top automakers in the month of March:

It was after a long debate and committees getting formed that it was decided that stock exchanges and other institutions which play a pivotal role in the development of the capital market should be allowed to list on exchange for trading, though with some caveats. The fact is that after listing these companies not only continue to play a pivotal role in the development of the stock market but also have created a good amount of wealth for investors who were able to realise the fact that the best way to take exposure to ever growing capital formation ecosystem is to own these stocks. Some of these stocks have gained a good amount in the last three years, But the fact is that even there is a much longer runway for them as more savings gets into financial assets like shares, mutual funds and bonds. So, not only trade and trade and transact with them but also owning them might be a good idea for long term investors.

Century Textiles has been consolidating for the past 2-3 months now in the zone of Rs 1,350-1,600 and is now breaking out from the same zone. It is expected to test Rs 1,850+ levels.

While Nifty and Sensex have seen some respite and given the fact that few mega stocks have the ability to push indices even higher, one cannot rule out the possibility of reading the headlines “ nifty forms a new high” very soon. But as we have seen in the recent past, what nifty does and what is happening in the broader market can be very different. So, it would be better to focus on what is happening in sectors and companies, are there some tailwinds that are likely to lead to better overall growth of the sector and hence the companies. Even in those sectors stick with companies that have a proven track record of surviving economic cycles and on financial parameters they are better placed than others. Because it is finally the earnings which will determine whether the stock is able to outperform or underperform broader market indices. We take a look at four stocks where on two parameters, that is net margins and return on equity, the companies are clearly better placed and there are clear sectoral tailwinds.

First, votes cast in favour of the proposal by just public shareholders (non-controlling shareholders) of the listed company should be at least two times the number of votes cast against it. This is akin to the super-majority of minority shareholders.

The valuation of Reliance Industries jumped Rs 45,262.59 crore to reach Rs 20,14,010.63 crore. State Bank of India added Rs 5,533.26 crore, taking its market valuation to Rs 6,71,666.29 crore.

In recent years, the means or channels to reach investors have increased. Investors who are overpowered by greed fall prey to shenanigans that offer them the lure of assured returns.

The valuation of Reliance Industries jumped Rs 45,262.59 crore to reach Rs 20,14,010.63 crore. State Bank of India added Rs 5,533.26 crore, taking its market valuation to Rs 6,71,666.29 crore.

Fuelled by improved market sentiments and robust underlying demand, fundraising by issuing shares/units to institutional investors soared to Rs 78,000 crore in 2023-24, a more than seven-fold surge year-on-year.

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 Thursday's trading session, five stocks witnessed a build of fresh long positions. Here's the list: