For instance, Adani Group increased its stake in Ambuja Cement from 63.15% to 66.70% in the March quarter by converting the warrants issued in October 2022. Aditya Birla Group increased its stake in Grasim by 31 basis points to 43.06% in the March quarter by subscribing to the rights issue.

​​The brokerage said in a client note on Thursday that power transmission is key to India’s transition to clean energy and the government is assisting the viability of renewable projects via indirect fi nancial support worth $270 billion. Power Grid shares rose 2.1% to Rs 280 and Hitachi soared 10.4% to Rs 8,350, while Schneider dropped 4.8% to Rs 756.

​​“We expect marketing margins to normalise at higher levels from 2QFY25 onwards as the impact of these events subsides,” said Motilal Oswal’s analysts Abhishek Nigam and Aman Chowdhary in a client note.

There are a couple of reasons for a fall in the passive fund flow. First, the return on active large cap funds have been superior to passive funds over the past 12 months. For instance, ICICI Pru Blue Chip, the biggest large cap fund from ICICI Prudential Asset Management Company, delivered 37.4% return while its largest ETF gained 25.3% during the period.

The fertiliser stock hit a fresh 52-week high of Rs 402 on January 4, but failed to hold on to the momentum. It found support above the 20-WEMA once in March and then again in April. On the daily chart, it bounced back after retesting the 50-DMA earlier this week, which suggests that bulls are here to stay.

The company shares fell to their lowest in more than a year on Thursday. Its market capitalization is set to fall by more than $17 billion to about $478 billion, if losses hold. Still the company remains the most valuable automaker in the world.

Megacap growth stock Meta Platforms outpaced peers and gained 2.7% after Bernstein raised its price target to $590, a sixth such hike on the stock this week.

"Infosys weak quarterly numbers, lower-than-expected guidance for FY25 and declining headcount reflects continuity in weak, with the only silver lining being strong large deal TCV in Q4 and record $17.7 billion in FY24," said Sanjeev Hota, Head of Research, Sharekhan by BNP Paribas.

Indian market closes red for the fourth consecutive day, with S&P BSE Sensex falling over 450 points and Nifty50 below the 22,000 mark. Telecom stocks rise, while consumer durables and energy witness a decline.

BSE warns against circulating fake videos impersonating CEO Sundararaman Ramamurthy for investment advice on social media. Caution includes misrepresentation, deceptive means, personal information sharing, and Economic Times disclaimer.

Indian shares ended at four-week lows on Thursday, reversing intraday gains, as volatility spiked ahead of key quarterly earnings and the start of the country's general elections. The S&P BSE Sensex closed 0.62% lower at 72,488, while the NSE Nifty50 index ended below the 22,000 level."The positive chart pattern like higher tops and bottoms is intact. As long as Nifty sustains above 21,700 levels, the chances of an upside bounce from the lows as per this pattern are likely. The short-term trend of the Nifty remains weak. There is a possibility of some more weakness down to 21,800-21,700 levels in the coming sessions. Immediate resistance is at 22,125 levels," said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.Here are 6 stock ideas for Friday:

The Dow Jones Industrial Average rose 93.90 points, or 0.25%, at the open to 37,847.21.

"Infosys weak quarterly numbers, lower-than-expected guidance for FY25 and declining headcount reflects continuity in weak, with the only silver lining being strong large deal TCV in Q4 and record $17.7 billion in FY24," said Sanjeev Hota, Head of Research, Sharekhan by BNP Paribas.

There are a couple of reasons for a fall in the passive fund flow. First, the return on active large cap funds have been superior to passive funds over the past 12 months. For instance, ICICI Pru Blue Chip, the biggest large cap fund from ICICI Prudential Asset Management Company, delivered 37.4% return while its largest ETF gained 25.3% during the period.

A series of resistance could be seen from 22,150-22,200, followed by the 20 DEMA at 22,300 zone. The undertone certainly favours the bears now and any rise should be seen as an opportunity to either exit longs or to look for bearish bets in the index.

Prime Minister Narendra Modi-led Bharatiya Janata Party is widely expected to win a third term, which will help his administration continue its focus on modernizing infrastructure and boost manufacturing. Indian equities have risen to records this year following a rally driven by robust economic growth.

Short covering refers to the buying of shares to close an existing short position or a position that has been sold. Short covering signals a shift in view on security from extreme bearishness to bullishness. In Thursday's trading session, five stocks saw top short covering. Here's the list:

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 Thursday's trading session, five stocks witnessed a top long unwinding. Here's the list:

Bhanshali has added Pan Electronics India into his kitty with purchase of a 2.50% stake in the January to March period. The stock has been in top form this year with over 70% returns so far. Over a one-year period the gains extend to 97%. This is significantly higher than the 26% returns given by Nifty in the same period.

Indian shares rose in early trade on Thursday but later declined as heavy volatility gripped D-Street. In Thursday's trading session, six largecap stocks from the Nifty200 index reached new 52-week highs. Here's the list:

AIFs are regulated by the Securities and Exchange Board of India (SEBI) and can be formed as a trust, company, or Limited Liability Partnership (LLP). The minimum investment for an investor in an AIF is Rs. 1 crore.

Indian benchmark indices closed lower as banking stocks declined, with Sensex falling 455 points and Nifty dropping by 152 points. Top laggards included Nestle India, Titan, Axis Bank, NTPC, Tata Motors, and ITC.

Mukul Agrawal has bought stakes in 3 companies, besides PTC, in the March quarter. He now has a stake of 1.8% and 1.7% in Dredging Corporation of India and West Coast Paper Mills, respectively.

Probably NBFC is the only sector,which has produced both, the best and the worst. Best of the wealth creators like Bajaj finance and worst of the nightmare for shareholders like DHFL. Why can only the NBFC sector throw such divergent companies ? There is a good reason for it, probably the cleanup which RBI has been doing for the last few months is once again reinforcing that it is the parent company and the discipline which the promoters follow which matter the most. As it happens with other sectors, even in this space, once the clean up and trial by fire is over, new winners will emerge both on the business side and on stock price performance.

ETMarkets' latest mutual fund analysis solely focuses on stocks held by a single scheme. Originally, the list included 145 such stocks as of March 2024. However, we refined it by considering only those with a market value exceeding Rs 25 crore as of March and the number came down to 25 stocks. ETMarkets highlighted six stocks that are held exclusively by one MF scheme and have surged anywhere between 10-50% during the current calendar year. (Data Source: ACE MF, ACE Equity)

Dolly Khanna diversified her portfolio by adding Repco Home Finance, Som Distilleries & Breweries, and Selan Exploration Technology. These smallcap stocks have shown impressive returns and rallies.

Nifty opened negative but found some strength to fight in the last hour. It closed with a loss.

The latest shareholding pattern shows that GQG's ownership rose 202 basis points (bps) from 2.51% in December to 4.53% in the March quarter. In the case of Adani Power, the FII's stake rose from 1.33% to 5.2% sequentially.

The company reported a gross direct premium income (GDPI) of Rs 224,770 crore in FY24 compared to nearly Rs 2,100 crore in FY23, a growth of 17.8%, which was higher than the industry growth of 12.8%.

After almost a period of a month and half, the mid-cap stocks have been trying to make a comeback. If one looks at their recent performance in the last few days of volatility, it is clear that there is not much selling pressure. If one goes on by the market breadth, there are indications that bulls might be back in control. Keep an eye on liquidity and the market breadth in the next few sessions as that will determine what happens to mid-cap stocks in the medium term. If the market breadth stays positive then it is very likely that we might see more strength in mid-caps. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.

Paytm will be a high conviction exclusion, causing outflows of $77 million from India, the domestic brokerages' note said. Paytm's exclusion comes after a nearly 40% correction in the share price following RBI's ban on its Paytm Payments Bank. Meanwhile, Berger has yielded nearly 9% returns over 1 year.

Just Dial shares surged 13% to Rs 1,010, supported by strong financial performance. EBITDA increased to Rs 70.6 crore, with total active listings at 43.6 million. The launch of JD Mart platform targets India's manufacturers, distributors, and wholesalers.

Nestle India's shares plunged 5.4% on Thursday to Rs 2,409.55 on BSE, following revelations of adding sugar to baby food in India but not in Europe or the UK. The health ministry expressed concern. This marked Nestle's worst single-day drop in 3 years.

The company reported a PAT of Rs 4,028 crore for the quarter ended December 2023, which was up 6.5% as compared to the previous quarter. The EBIT growth was also 8% up while the expenses had decreased by nearly 6% for the same period.

The Adani family previously invested Rs 5,000 crore in the company on October 18, 2022, and Rs 6,661 crore on March 28, 2024. With the latest investment, it has completed Rs 20,000 crore planned infusion, the company said in a statement on Wednesday.

Vodafone Idea's shares surged 4% to Rs 13.48 as its Rs 18,000 crore follow-on public offer opened, attracting strong interest from anchor investors like GQG Partners. However, analysts advise caution for retail investors, citing concerns about the company's debt burden.

Just Dial Ltd on Wednesday reported a 38.44 per cent rise in consolidated net profit to Rs 115.74 crore in the fourth quarter ended March 31, 2024.

Talbros Automotive Components' shares surged 5% after securing a multi-year contract worth around Rs 1,000 crore from a major European OEM through its joint venture.

After falling about 17.5% from the top, the stock is now at an important support level but the underlying trend is bearish. "The stock has an important support at Rs 1,350 and resistance at Rs 1,500. Heavy short positioning ahead of results, with OI up 16% and stock down 2% this expiry," Emkay Global said.

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

Mutual funds showed interest in smallcap stocks, with 32 attracting fresh buying. Stocks like Schneider Electric Infrastructure and Nuvama Wealth Management saw increased investments, resulting in good returns despite market challenges.

Hyundai has outpaced Maruti on the earnings front in the past few years due to its premium and SUV positioning, but Maruti is catching up.

Despite the delay in potential rate cuts, gold has been performing well, supported by increasing geopolitical tensions and demand from central banks and consumers in China.

Angel One's shares surged by up to 5.5% to Rs 3099 as it reported a 27% YoY increase in consolidated net profit to Rs 340 crore for the quarter ended March 2024.

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

The footwear stock hit a record high of Rs 2,261 on November 16, 2021, but failed to hold on to the momentum. It closed at Rs 1,341 on April 15, 2024, which translates to a 40% fall. If the stock stays above Rs 1,300, a possible bounce back towards Rs 1,500 could be on the cards.

Indian indices rose on Thursday with key players like Reliance Industries, HDFC Bank, and ICICI Bank leading. BSE Sensex and Nifty50 showed significant gains. Market focused on companies' March quarter results and Middle East tensions.

Analysts do not expect dramatic new sanctions on Iranian oil, although the U.S. was set to reimpose oil sanctions on Venezuela which steadied Brent crude futures at $87.37 a barrel after Wednesday's $2.70-a-barrel drop.

Stocks that were in focus included names like SBI, which fell 0.62%, Lotus Chocolate, which rose 12%, and Exide Industries, whose shares rose 15% on Tuesday.

Travelers tumbled 7.41% and was among the biggest drags on the S&P 500 and largest on the Dow Industrials after the insurance giant missed Wall Street expectations for first-quarter profit.