Netflix added new customers in the first quarter, but its second-quarter revenue forecast missed market expectations of $9.54 billion late on Thursday. It also decided not to report subscriber additions and average revenue per member from the first quarter of 2025.

Under the proposal, a vertical demerger of Madura Fashion and Lifestyle business will be executed and newly incorporated company named as Aditya Birla Lifestyle Brands Ltd will be listed separately on completion of the demerger from ABFRL. ABFRL plans to raise Rs 2,500 crore equity capital within 12 months of demerger with promoter participation.

The psychological mark of 22,000 holds intermediate support, followed by strong support of the 21,800-21,700 subzone. On the higher end, the 20-DEMA placed at 22,300, followed by a bearish gap of 22,430-22,500, is likely to act as a daunting task in the near period and an authoritative breakthrough could only re-strengthen the lost momentum to the bulls of D-Street, said Osho Krishan of Angel One.

Long unwinding refers to 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:

As per the latest corporate shareholdings filed, Sunil Singhania publicly holds 25 stocks with a net worth of over Rs 2,777 crore. Here's a look at stocks wherein he cut stakes in the last quarter. (Source: Trendlyne)

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:

Kedia brought his stake to 1% in Mahindra Holidays & Resorts India in the previous quarter. Kedia may have exited the stock in Q3 or brought his stake below 1%. He held 1.02% of the company as of September 30, 2023.

India's biggest FPO by Vodafone Idea opened for subscription on Thursday. The company is looking to raise Rs 18,000 crore from investors as it eyes a fresh infusion of money. The FPO will run till April 22 and is priced at Rs 10-11 per share. But the main question is - Should you participate in Vi's cash hunt? Watch

Wipro's board of directors has reappointed Azim H. Premji as Non-Executive, non-independent director of the company while re-appointing Rishad A. Premji as the whole-time director for a period of five years with effect from July 31, 2024, to July 30, 2029.

The retail APE for LIC stood at a negative CAGR of 3.8% while the sector grew at a rate of 9% over two years, with private sector companies growing at 17%.

Expensive valuations make the FMCG stock less appealing for Motilal Oswal which has a 'Neutral' rating on the counter. Its target estimates a 2.5% downside over Thursday's closing price.

The broader NSE Nifty climbed 151 points or 0.69% to finish at 22,147. Among the Sensex constituents, Bajaj Finance, M&M, HDFC Bank, JSW Steel, and Maruti emerged as the top gainers, registering gains of 2-3%. Infosys, HCL Tech, and TCS closed 0.6% to 1.2% lower, resulting in a 0.4% decline in the IT index.

​Brokerage firm ICICI Securities, in its recent report, raised Angel One’s rating from ‘hold’ to ‘buy’, keeping the target price unchanged at Rs 3,469, signaling an upside potential of 24% from the current levels.

Indian benchmark equity indices declined on Friday, tracking Asian peers, on worries of escalating tensions in the Middle East, while a post-earnings drop in software services firm Infosys pulled down IT stocks. However, in today's trading session, five large and midcap stocks from the Nifty200 index reached a new 52-week high. Here's the list:

There is nothing wrong with being bullish all the time for one simple reason. As the Indian economy grows at a faster rate, the earnings of companies across different sectors and segments will grow faster and what drives the stock prices finally is the earnings. But yes, given the fact that valuations are high, one needs to be more selective in buying the stocks, because downward movements like the one which happened in March and even in the last few days due to global development will keep happening at periodic intervals. So, while being bullish one has to reduce the probability of making a mistake and reducing the risk of a decline in capital invested in the market.

It has been a long time that engineering major L&T has ventured into exports of engineering services to the Middle East, then it moved into exports of engineering goods. Over the years, there are companies, who specialize in some industries who also have been able to get an entry into the export market. Getting into the export market is not easy and it takes years to get into the market for two reasons. First, global companies tend to be very aggressive in bidding so that new competition does not come in. Second, Indian companies which are sort of a crossover of engineering and capital goods, required the ability to sustain these attempts to get into the esports market at a time when domestic demand was very poor. Now in the last few years, things have improved on the domestic demand and hence these companies were able to put their foot forward into the export market. Will these companies become a new set of exporters from India?

​State-owned Canara Bank on Friday said it has fixed May 15 as record date for determining shareholders' eligibility for stock split. The stock split is being done with an objective to improve liquidity of the stock.

The Nifty index has surged about 29% in FY24. Amid this market movement, roughly 56 equity mutual fund schemes have seen a rise of over 50% during FY24. In Friday's Mutual Fund Analysis, ETMarkets highlights top 5 equity MF schemes that achieved growth exceeding 65% in the period. Additionally, we have conducted a thorough analysis and collated a list of top five stocks within each scheme during FY24. Notably, our analysis excludes ETFs. (Data Source: ACE MF, ACE Equity)

Wall Street's "fear gauge" hit its highest in more than five months on Friday due to a sharp pullback in interest U.S. rate cut expectations and escalating geopolitical tensions.

The shares of stock broking firm Motilal Oswal surged 5% to day’s high at Rs 2,185 on Friday after it announced a proposal to consider allotment of bonus shares to its shareholders in an intimation filing to the exchanges.

FIIs withdrew Rs 20,000 crore during Lok Sabha elections and Q4 earnings amid stress from rising bond yields, Iran-Israel war, and India-Mauritius tax tweak. Impact on oil prices and US Fed rate cuts outlook are also significant factors.

High-yield debt investing presents opportunities for higher returns but involves risks like default and liquidity. It's crucial to limit exposure to 10-25% of the fixed income portfolio, considering factors like diversification and credit risk.

Murthy's grandson owns 15 lakh shares or 0.04% stake in the Bengaluru-based software services exporter. At today's market price of Rs 1,400, the value of his holding comes to Rs 210 crore. The record date for the payment of the final dividend and a special dividend has been fixed at May 31, while the payment will be made on July 1.

PSU exposure in mutual funds (active schemes) saw a marginal drop in March 2024. This was largely due to the selling in SBI, NTPC, Power Finance, NHPC and PNB. However, a report by Elara Capital states that the overall PSU exposure in MFs is still lower than the long term zone of 15-16%. Currently it is hovering around 12%. Holding has expanded to a new high since 2020 as participation has finally begun in the last few months. Here’s a list of top 10 PSU stocks by Elara Capital that observed largest buying in MF portfolios:

Shares of Mukesh Ambani-led Jio Financial Services declined 3% at Rs 372 on BSE in Friday's early tarde as the investors await the fourth quarter earnings’ result later in the day.

Shares of Bajaj Auto fell 3% at Rs 8,753 on Friday after the two-wheeler major reported a standalone net profit of Rs 1,936 crore for the quarter ended March 31, 2024, which was up by over 35% from Rs 1,432.88 crore reported by the company in the year-ago period.

The company reported a 14% growth in its consolidated net profit at Rs 412 crore for the quarter ended March 2024. It was Rs 362 crore in the year-ago period.

MarketSmith has a positive view on several smallcap stocks that it considers are near the ‘buy’ point. These stocks include Arvind Smartspaces, Sharda Motor Industries, and Choice International. Here is a list of 5 stocks that are near the buy point, as listed on MarketSmith:

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:

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:

Following disappointing Q4 results from Infosys, investor sentiment towards IT stocks soured, leading to pressure on Wipro shares. Wipro is slated to unveil its March quarter numbers post-market hours.

Benchmark equity indices open lower mirroring Asian markets on geopolitical tensions. Sensex down 598 points, Nifty50 down 181 points. Infosys lags with 3% decline, lower annual revenue forecast. NTPC, L&T, Axis Bank, Power Grid down.

Brokerage Citigroup maintained a buy rating on HDFC Life, and JPMorgan remained overweight on Bajaj Auto and Infosys.

Infosys shares fall 3% after revenue decline. EBIT margin declines to 20.1%. FY25 revenue growth guidance impacted by discretionary spending weakness. Brokerages cut target prices. Analysts remain optimistic about Infosys' growth potential in the future.

Investors monitor Sensex behavior during Lok Sabha election. FPIs sell Indian stocks. Hope for a good monsoon. Structural growth opportunity in Indian equities. Tata Steel, JSW Steel, Tata Motors, and HAL among recommended stocks.

Delhivery stock consolidates near a 52-week high, showing potential for an upward trend. Short-term traders aim for 600 levels, while medium-term investors watch the bullish signals. Expert recommendations guide the investment approach, emphasizing risk management.

Benchmark equity indices open lower mirroring Asian markets on geopolitical tensions. Sensex down 598 points, Nifty50 down 181 points. Infosys lags with 3% decline, lower annual revenue forecast. NTPC, L&T, Axis Bank, Power Grid down.

Nifty traded near its high point in the first half and then rapidly lost ground to close with a loss.

Progress toward the Fed's 2% inflation goal has slowed in recent months, and U.S. central bankers have generally said that means they will likely hold rates at current levels for longer, with no urgency to cut them.

Minneapolis Fed President Neel Kashkari told Fox News Channel he also wants to be "patient," with the first rate cut "potentially" not appropriate until next year.

U.S. long-term Treasury yields dropped as much as 13.5 basis points to 4.512%. The U.S. dollar index was last up 0.14%, while the yen gained about 0.4% versus the dollar. Both currencies are considered safe havens.

Stocks that were in focus included names like Infosys, which rose 1%, Just Dial, which rose 14%, and Tata Motors, whose shares declined 1.54% on Thursday.

"Overall we expect volatility to continue in the market in the absence of any major positive trigger, while focus will continue on stock-specific action amid the earning season," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.

Economic data showed that the labor market remained resilient, as weekly initial unemployment claims were unchanged from the prior week at 212,000 while a gauge of manufacturing in the mid-Atlantic region rose to a two-year high.

“Chambal Fertilisers has been trading with a positive bias for the last six months, after a breakout from a consolidation range in October 2023. Traders can buy for a target of Rs 430 in the next 1-2 months,” Ajit Mishra – SVP, Research, Religare Broking Ltd, said.

The amicable separation is between two branches of the founding family with Adi Godrej and brother Nadir Godrej on one side and their cousins Jamshyd Godrej and Smita Godrej Crishna on the other. The latter two are brother and sister.

Software services exporter Infosys forecast annual revenue below expectations on Thursday as global macroeconomic uncertainty pressures client spending on discretionary projects. Revenue for Q4 grew just 1%, while profit was up 30%.

The stock is up nearly 44% so far in April, outperforming other local metal producers. The Nifty Metal index has risen 7.5% in the same period.

India's largest alloy manufacturer, JSW Steel, has raised $900 million from a consortium of eight foreign banks to refinance debt maturing this month and pre-pay high-cost borrowings. The loan was priced 180 basis points above the international secured overnight financing rate (SOFR). The consortium of banks includes Singapore's DBS Bank, France's BNP Paribas, UK-based HSBC and Standard Chartered, UAE's Mashreq Bank and First Abu Dhabi Bank, Japan's Sumitomo Mitsui Banking Corp (SMBC) and Taiwan's CTBC Bank.

The National Asset Reconstruction Company of India (NARCL) has offered to acquire ₹271 crore in debt from the Ludhiana Talwandi Toll Road (LTTRPL), a road project awarded to Subhash Chandra's Essel Infraprojects in Ludhiana. The project is a 78-kilometre four-lane stretch of the National Highway-95 between Ludhiana and Talwandi Bhai in Ferozepur district via Moga in Punjab.