The way the market slipped on Friday, probably is another reminder that even the best of the bull market corrections are going to come. The problem with the corrective move is that if it sustains for longer, it is the small caps stocks which come under more pressure and shed an inordinate amount of weight. There is a technical reason for this, the liquidity in small caps stocks is lower as compared to large and midcaps. So, whenever there is a selling in this segment, the impact cost is always higher. But the other fact is that if one is able to hold on small at the time when correction is taking place, probability of more than normal return is also higher. But the question is how does one develop the ability to hold onto stocks when the narrative which is being governed by price action becomes so negative. The solution lies in combining a couple of things, which include qualitative and quantitative measure and last but not least ability to ignore noise.

"With general elections in full swing in India, foreign investors have adopted a wait and watch approach, until the election results are out," Himanshu Srivastava, Associate Director - Manager Research, Morningstar Investment Research India, said.

Five years back, ask anyone on the street and he or she would be all in for private banks as an investment both as long term or short term. Nobody would talk of PSU banks as something which are worth investing in. Today, the situation is different. They will not criticize private banks as they all own them, but they will talk about how private banks are facing competition from fintech and how things are changing. But at the same time, they would also not fully trust the revival of PSU banks, both in business and in terms of the valuation recovery. The reality is that in the stock market, there is nothing called perfect truth, it is about relative truth. The answer to this problem of either private or public sector banks probably lies in owning a select few from both spaces. So, that one is able to take advantage of tactical recovery but also long term trend.

​The combined market valuation of six of the top-10 most valued firms declined by Rs 68,417.14 crore in a holiday-shortened last week, with Bharti Airtel and Reliance Industries taking the biggest hit.

This week is packed with notable corporate actions. HDFC Bank, HCL Technologies, Oracle Financial Services Software, Laurus Labs, UCO Bank, and Bank of Maharashtra are set to go ex-dividend, while Ajooni Biotech and Sanginita Chemicals have their rights issue ex-date scheduled.

The Kotak Bank block deal value stood at Rs 2,915 crore and about 1.83 crore shares exchanged hands.

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

A long buildup occurs when there is an increase in open interest and trading volumes alongside a rise in the price of the underlying stock in the Futures and Options segment, indicating a bullish trend in the market. In Friday's trading session, five stocks experienced a buildup of fresh long positions. Here's the list:

In an expensive market, hidden opportunities exist despite high valuations. Asset management companies offer potential post sector rerating. Discounted prospects like UTI and ABSL present favorable entry points for investors eyeing long-term growth.

Various widely tracked companies like Tata Motors, SBI, Asian Paints, BPCL, Larsen & Toubro, Tata Power, Canara Bank, TVS Motor, Hero MotoCorp, Godrej Consumer Products, JSW Energy, Dr. Reddy's Laboratories, PB Fintech, and Bank of Baroda will be releasing their March quarter report cards this week. Here’s a list:

Investing legend Michael Shearn says investors should develop an in-depth research process, from generating and researching investment ideas to assessing the quality of a business and its management team.

Nifty ended higher last week with banking sector influence. Positive sectors, except IT. Rising VIX hints at volatility. FPI flows, US bond yields, Indian economy critical. Technical analysis, IPO calendar impact sentiment.

Warren Buffett cautioned the tens of thousands of shareholders who packed an arena for his annual meeting that artificial intelligence scams could become "the growth industry of all time."

​​Warren Buffett paid tribute to his late business partner Charlie Munger at Berkshire Hathaway's annual meeting on Saturday, while reassuring shareholders that the executives expected to succeed him were ready for the job.

Berkshire Hathaway Inc., led by Warren Buffett, faces a cash surplus but struggles to find lucrative deals. Operating earnings rose, driven by insurance businesses. Amidst rising interest rates, the company engages in stock buybacks and eyes strategic investments.

At Berkshire Hathaway's annual meeting, Warren Buffett celebrated Charlie Munger, discussed growing earnings, and addressed the $189 billion cash pile. Shareholders eagerly awaited insights on Berkshire's future direction and succession plan.

Berkshire Hathaway Inc's record profit driven by insurance operations included a significant Apple share sale, increasing cash to $189 billion. Buffett's move away from Apple reflects investor concerns. The company also repurchased its own stock and held its annual meeting in Omaha.

While making long term investing decisions, one needs to look at many things like what are the trends in an industry, financials of the companies and many others. But one thing which is extremely important to be looked at is whether the company has a strong advantage and edge over other players in the industry. Something which will help it out perform when the going gets tough for the industry. This is important, because whether we like it or not, every industry does face rough weather, it could be due to external factors or internal reasons or macroeconomic challenges. For example, the IT sector is facing headwinds these days, 4 years back it was real estate which was plagued with many issues. Today, in a good time for the real estate sector, which is the best performing stock ? A company which had a track record of meeting the deadline or commitment for delivery. So, for long term investment look beyond what is visible in numbers.

Here's a look at top stocks that will trade ex-dividend next week. (Source: StockEdge)

The last trading day of the week saw the index swinging wildly. During the week, the Nifty oscillated in a 446.65 range before closing the week on a flat note. The benchmark Index posted minor weekly gains of55.90 points.

Both at the real business condition and on the valuation cycle on the street. The Indian pharmaceutical sector has undergone significant changes over the past decade. Marking a transition from a period of consolidation and valuation readjustment to one where the focus has shifted towards more sustainable and compliant operational practices. This transformation highlights a shift in the strategic approach adopted by pharmaceutical companies. Historically, the expansion strategies of many pharma companies were driven by optimistic powerpoint presentations forecasting market growth. However, this approach often overlooked the critical aspect of regulatory compliance, leading to various challenges. Over the years the Indian pharmaceutical industry has understood that regulatory compliance might be slightly more time consuming and also expensive but in long run it pays both for the real business growth and improving valuations. Will the industry remember the critical lesson is key.

A block deal may be defined as a single transaction involving the exchange of shares in quantities exceeding Rs. 5,00,000 or in cases where the total traded value surpasses Rs 10 crore. The week a host of block deals happened within the smallcap space. Here’s a recap as compiled by Nuvama:

He also appealed markets regulator Sebi and the Finance Ministry to step in and investigate before small investors suffer severe losses.

As per the latest data by Trendlyne, the President of India, Droupadi Murmu, publicly holds 78 stocks with a net worth of over Rs. 4,400,890.5 crore. Here are the stocks wherein the Indian government reduced most stake in March 2024:

The downgrade came after the company reported a 9% miss in consensus earnings driven by weaker jewellery margins for two consecutive quarters.

With the March quarter earnings season in full swing, brokerages are actively monitoring quarterly performance of companies. During the week, at least 5 stocks earned downgrades while Trent got an upgrade. Here’s the full list:

Metal stocks have been on a roll lately. The Nifty Metal index has been up significantly, with gains of over 50%, in the last one year.

The separation of management and ownership within the company structure gives rise to an agency problem — the conflict of interest between the company's management and its stockholders.

Tens of thousands of investors are expected to once again descend on an Omaha, Nebraska, arena Saturday to vacuum up tidbits of wisdom from billionaire Warren Buffett. But a key ingredient will be missing from his annual Berkshire Hathaway shareholders' meeting: It's the first since Vice Chairman Charlie Munger died.

Small cap stocks surged at the end of 2023, as expectations grew that the Fed was done raising interest rates and would soon begin easing monetary policy. That would be a welcome change for smaller companies, which rely more heavily on debt financing and consumer spending.

All three indexes notched their second straight Friday-to-Friday gains, capping a week in which markets were encouraged by Fed Chair Jerome Powell's more dovish-than-expected statements following Wednesday's rate decision.

Newgen Software Tech was the top gainer from the smallcap pack, offering 27% returns. It was closely followed by Max Estates and Shakti Pumps, both gaining 21% each.

Bowman, the first Fed official to speak since Chair Jerome Powell's remarks Wednesday, said recent inflation data suggest the low readings seen at the end of 2023 appear to have been temporary.

RBI draft guidelines pertaining to the prudential framework for financing projects in the infrastructure, non-infrastructure and commercial real estate sectors. It said the guidelines lay down the regulatory dispensations regarding the date of commencement of commercial operations (DCCO) of such projects.

The meeting is Buffett's 60th since he took over Berkshire in 1965 and the first since the death of his longtime friend, business partner and foil Munger at age 99 in November.

U.S. job growth slowed more than expected in April and the increase in annual wages fell below 4% for the first time in nearly three years. The unemployment rate came in higher than estimated. That prompted traders to boost bets that the Fed will deliver its first interest rate cut this year in September.

The unexpected move is also seen bringing down yields on short-term government bonds, as the three securities that the government has chosen to buy back are all maturing within six to nine months. A fall in government bond yields brings down cost of borrowing for companies as pricing of corporate bonds is benchmarked to sovereign debt. A bulk of corporate borrowing is through short-term papers.

The securities offered for buyback are 6.18% GS 2024, 9.15% GS 2024 and 6.89% GS 2025, the Reserve Bank of India said in a statement.

The lender's assets under management expanded 29% year-on-year to Rs 8722 crore, while gross non-performing assets ratio improved a bit to 1.07% at the end of March from 1.15% a year back.

A company issues bonus shares for their shareholders in order to increase the liquidity of the stock as well as to decrease its stock price thereby making it affordable for investors. All shareholders who own company shares before the record date, which is determined by the firm, are eligible for additional shares. The dividend is 9,000% on the face value of each share for the financial year ended March 2024.

Defence stocks outperformed the Nifty 50 in the past one year by huge margins owing to an uptick in new orders. From the pack Zen Technologies, and Mazagon Dock Shipbuilders have soared over 200%, while HAL, Astra Microwave Products, and Bharat Electronics also became multibaggers (Source: Trendlyne)

Apple shares jumped nearly 7% on Friday as the iPhone maker's record stock buyback plan and promise of sales growth brought back investors who have shunned the stock on concerns over weak demand and increased competition in China.

The RBI's move comes in response to changes in the settlement cycle introduced by stock exchanges, shifting from T+2 to T+1 rolling settlement for equities.

The S&P 500 rose 58.6 points, or 1.16%, at the open to 5,122.78, while the Nasdaq Composite rose 306.5 points, or 1.94%, to 16,147.482 .

Prior to the block deal, the Carlyle Group held a 8.74% stake in this private lender through an entity named CA Basque Investments. YES Bank reported a standalone net profit of Rs 452 crore for the quarter ended March 31, 2024, a jump of 123% over Rs 202.43 crore reported by the lender in the year-ago period.

The brokerage also increased the target price for other key players in the sector with Bharti Airtel’s target at Rs 1,430 and Reliance Industries’ target price at Rs 3,340, foreseeing an upside of 13.5% and 17.4%, respectively.

Technically, the index closed below the level of 22,500, which has been acting as a minor support for the last couple of days. While this is a negative development, it’s not something that opens a big downside, observed an expert.

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

The report claimed that once the new government takes charge, the income tax department may prevent tax base erosion, revamp laws on penalties, and impose uniform treatment for all asset classes. Currently, India follows a differential tax structure for various financial assets.

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