BOJ board member Naoki Tamura said the central bank must proceed slowly but steadily towards normalising its ultra-loose monetary policy.

Companies whose IPOs could be in the pipeline are Tata Capital, Tata Autocomp Systems, Tata Passenger Electric Mobility, BigBasket, Tata Digital, Tata Electronics, Tata Housing, and Tata Batteries. The cash via stake sale and the IPOs will help the conglomerate fund its ambitious growth plans in businesses like semiconductors, electric vehicles, batteries, renewable energy, and e-commerce.

3P India Equity Fund, managed by Prashant Jain, and Madhusudan Kela's Cohesion MK Best Ideas sub-trust are among those funds that have received 5% or more shares in the Qualified Institutional Placement (QIP) of shares.

Aster DM shares were trading amid strong volumes with nearly 59 lakh shares being traded on the NSE around 10:45 am and the total traded value of the shares standing at Rs 242.50 crore.

Stock exchanges set to introduce 'T+0' settlement for select stocks, parallel to T+1. SEBI to monitor progress. Vamsi Krishna lauds benefits while concerns about market volatility persist. Transition from T+1 required infrastructure changes. Cash market volumes may decline.

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

Nifty started the day on a negative note and closed with a modest loss.

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 Wednesday’s trading session, five stocks witnessed a build of fresh short positions. Here's the list:

The highest inflows across all indices are expected from Shriram Housing Finance, HDFC Bank, and Jio Financial Services. The highest outflows are expected to be from SBI, UPL, and ICICI Bank. NTPC could see an inflow of $ 71 million due to an increase in weightage in the Nifty CPSE Index.

Shriram Finance to replace UPL in Nifty, which could trigger inflows. HDFC Bank, Jio Financial, Adani Power to benefit from rebalancing. PSU pack to see weight adjustments. Nuvama estimates significant inflows and outflows in index reshuffle.

The global brokerage sees 17% CAGR growth in the company's EBITDA over FY 2024-27 with capex at its peak and inflecting returns. Goldman Sachs noted that RIL's capex is peaking in longer gestation capex businesses.

Indian shares surged with BSE Sensex up 500 points. Nifty50 topped 22,150 level. Private bank stocks and index heavyweight RIL lead top gainers.

Posing competition risk to a few of the upcoming models of M&M and Tata Motors at the upper end of the SUV market, the policy allows 8,000 units of electric vehicles above $35,000 (Rs 29 lakh) to be imported annually at lower duty of 15% vs 70-100% currently for 5 years against an investment of $500 million for local manufacturing.

The BSE Sensex was trading 184 points or 0.26% higher at 72,653. Nifty50 was trading at 22,070, up 65 points or 0.30% at around 9.20 am.

Brokerage house Goldman Sachs maintained a buy rating on Reliance but raised the target price to Rs 3,400 from Rs 2,925 earlier. The global investment bank sees a 17% EBITDA CAGR over FY24-27.

JPMorgan had last evening issued a term sheet for a block deal in which Standard Chartered Bank offered to sell its entire 7.18% stake at a floor price of Rs 1,672 per share. The deal size is estimated to be worth Rs 1,250 crore at floor price. But a confirmation about the deal would come in the evening when exchanges release block deal data.

Over the years, Electrosteel Castings has strengthened its financial position through a strong customer base and repeat orders. It aims to be debt free by FY25 which will enable them to lower working capital requirements in the coming years, says Narendra Solanki of Anand Rathi Shares and Stock Brokers.

Chatha Foods listed on BSE SME at 30.4% premium, opening at Rs 73 as against IPO price of Rs 56. IPO was oversubscribed 18x. The company plans to emphase on new products, QSR market, and organized sector growth.

An ETIG analysis of the SME issues floated since the beginning of 2021 when the IPO rush began in this segment reveals that unlike the popular belief, majority of the listed SMEs failed to earn huge listing gains. On a one-year horizon, however, they were able to retain and even surpass their listing gains making a case for long-term holding period.

The focus remains on a key reading of the Personal Consumption Expenditures Price Index (PCE), the Fed's preferred inflation gauge. The data is due on Friday, when U.S. markets will be shut for the Good Friday holiday.

The highest inflows across all indices are expected from Shriram Housing Finance, HDFC Bank, and Jio Financial Services. The highest outflows are expected to be from SBI, UPL, and ICICI Bank. NTPC could see an inflow of $ 71 million due to an increase in weightage in the Nifty CPSE Index.

Shareholders of ICICI Securities claimed on social media that the bank's executives contacted them directly, asking them to vote in favour of the resolution that proposes to delist the broking subsidiary. Lawyers and market participants said such alleged actions could result in regulatory scrutiny of the voting process.

Equity indices declined on Tuesday. Angel One, CDSL, Apollo Pipes, Cipla, Aster DM Healthcare among top stocks to track today.

“We are seeing mixed trends within the PSU space and IRCTC is performing well amid the volatility. Traders can buy IRCTC for a target of Rs 1040 in the next 1-2 months,” Ajit Mishra, SVP - Technical Research, Religare Broking Ltd., said.

Short-term traders are advised to buy the stock for a possible target of Rs 1,040 in 1-2 months. ​IRCTC stock hit a 52-week high of Rs 1,049 on January 23 but failed to hold the momentum. It drifted lower and closed at Rs 928, which translates into a downside of over 11%.

The spotlight remains on a crucial February reading of the Personal Consumption Expenditures Price Index (PCE), the Fed's preferred inflation gauge. The data is due on Friday. Wall Street hit fresh record highs last week after the central bank stuck to its projection of three interest-rate cuts this year.

The fundraise aims to augment financial flexibility to grow the business and tap emerging opportunities. The growing client base, and heightened activity across multiple derivative and cash products along with the consistently increasing quantum of orders executed on the company’s platform, have entailed a sustained requirement of enhanced working capital.

Leading financial services company Ambit on Tuesday said Daiwa Securities Group will acquire a minority stake in Ambit Finvest, an NBFC subsidiary of the Ambit Group.

Engineering major Larsen & Toubro (L&T) on Tuesday said the company’s board has approved a proposal to raise funds worth Rs 7,500 crore.

​Sebi on Tuesday barred two individuals from the securities market for three years and imposed a penalty of over Rs 77 lakh on them for their involvement in front-running. Front-running refers to an illegal practice in the stock market where an entity trades based on advanced information from a broker or analyst before the information has been made available to its clients.

Shares fell on Tuesday, dragged by high-weightage financials and information technology stocks and as consolidation continued in the holiday-truncated last week of the financial year.

​Alibaba Group said on Tuesday it was offering to buy the 36% of Cainiao it does not already own for up to $3.75 billion, abandoning plans for an initial public offering (IPO) of the logistics business in Hong Kong.

The Dow Jones Industrial Average rose 24.68 points, or 0.06%, at the open, to 39,338.32.

Trump Media & Technology Group shares surged 50% on Nasdaq debut post-merger, reaching $-10 billion market cap. Majority stake valued at $5.72 billion. Trading briefly paused for volatility.

An ETIG analysis of the SME issues floated since the beginning of 2021 when the IPO rush began in this segment reveals that unlike the popular belief, majority of the listed SMEs failed to earn huge listing gains. On a one-year horizon, however, they were able to retain and even surpass their listing gains making a case for long-term holding period.

The bank has put 75 lakh shares in a block for sale and the floor price for the same is Rs 1,672/share. This is at a discount of over 6% to the current market price of the stock.

Buying was seen in realty, capital goods, oil & gas, and public sector while IT, banks, and FMCG stocks saw some selling pressure

One needs to take an open-minded approach in such a scenario. Support for the Nifty is now seen at 22,000 and 21,800-850 levels. On the higher side, immediate resistance for Nifty is at 22,075 levels and the next resistance is at 22,200-250 levels, said Tejas Shah, Technical Research, JM Financial & BlinkX.

Sunil Mittal-driven Bharti Airtel’s subsidiary - Bharti Hexacom, is coming up with an IPO soon. Here are the top 10 things to know about the IPO from price band to fundamentals. Watch the video.

Indian stock market closed lower on Tuesday with Sensex at 72,470 and Nifty at 22,005. Financials and IT sectors dragged down major indices, while RVNL surged post MoU with AAI for Kolkata project.

NTPC's weight on the Nifty CPSE is expected to go up 20% versus the current weight of 17.9%. As for NHPC and NLC, the new weights post the readjustment will likely be 4.6% and 1.2%, respectively, versus 4.2% and 0.9%, now.

The decline in mid and smallcaps is a corrective phase in the ongoing bull market, according to Nuvama Research. "The current scenario has reached an oversold condition at key support levels and we recommend taking long positions. The broader market, which was overheated, has seen a healthy decline and it appears that the price correction phase is over and will likely lead to a bottoming and a resumption of the bull phase," it added. Amid this backdrop, here are its top midcap picks:

Indian equity indices fell on Tuesday, as investors booked profits on the back of weekly gains, and tracking Asian markets as the global rally driven by optimism over the US interest rate outlook came to a pause. However, in Tuesday's trade, five stocks from the Nifty200 index hit new 52-week highs. Here's a list:

In equity markets, whatever precaution one might take, the probability of a mistake of getting stuck with a wrong stock cannot be ruled out. The only difference is that the probability of that goes higher, when stocks are being bought at a time when even bulls don't know why they are so bullish, which was the case till very recently when there was a mad rush to buy mid and small caps. So, mistakes are an integral part of the learning curve of the stock market. But then there are mistakes and silly mistakes, just try to avoid silly mistakes. How ? Stay away from stocks where there is a narrative that this sector will do well because of XYZ reasons or the company will get such and such orders worth this much. There is enough evidence in history to show that more than anything else, checks and balances are most important at a point of time when valuations are high and yes despite the recent correction they are high.

ELSS or tax saving funds are mainly used to save taxes under Section 80 C. Investors can save up to Rs 1.5 lakh in a financial year by investing in these funds. Here are 10 ELSS funds that offered over 40% in FY24, according to the data by ACE MF.

There are some businesses whose underlying nature is such that they don't have any sudden spike in their profits. However at the same time, there is constant growth. The growth could be because of many reasons, it may be because of the fact that penetration of that good or service is very low and over a period of time as it improves, both top and bottom line keep moving upward. In some cases, it could be because of the movement of business from the unorganized sector to the organized sector. It could also be because of the fact that the need is such that if required spending on it cannot be postponed. In the case of diagnostic business, it is all the three. But there is another side to it, how the street is treating these businesses when it comes to valuations. In case of diagnostics, from dizzy heights of valuation in 2021 to today where it is being seen as a sector where there is nothing worth looking at this point of time due to multiple issues. Yes, there are real issues with the business, but not a bad time to get them on watchlist at least.

Jefferies raised the target price of Indigo shares to Rs 3,435 from Rs 2,500 on the back of the company's strong capacity growth guidance. In a review note, the US brokerage sees limited impact of grounding of its fleet.

Nearly 62% of the women surveyed indicated their willingness to invest in listed equities, which is more favoured than gold (54.3%) and real estate (41%). The study, from HERitage by Waterfield Advisors, was conducted among 104 Indian women living in tier-1 cities with a varied sampling.

After recent revisions, India’s real GDP grew by over 8% YoY for the third consecutive quarter in 3QFY24, pushing the full-year FY24 growth to 7.6%.

The rejig exercise will also see significant inflows in six other stocks viz. NTPC ($66 million), Power Finance Corporation (PFC, $45 million), REC ($43 million), Mahindra & Mahindra (M&M, $42 million) Bharti Airtel ($26 million) and Indian Railway Finance Corporation (IRFC $23 million).