Stock indexes fell on high inflation, impacting rate cut expectations. Bond yields surged. Market awaits Fed meeting minutes and first-quarter earnings reports from major banks. Real estate sector led declines in indices. Excluding volatile food and energy components, the core figure rose 0.4% month-on-month in March, against expectations of a 0.3% advance. Annually, it gained 3.8%, versus the estimated 3.7% increase.

Gold price has soared past Rs 71,000, hitting an all-time high. Here are the top factors driving the rally. Take a look: (Source: Prabhudas Lilladher)

The Dow Jones Industrial Average fell 221.39 points, or 0.57%, at the open to 38,662.28.

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 Wednesday's trading session, 5 stocks saw top short covering. Here's the list:

The post-pandemic boom for India's markets is well documented as millions of retail investors switched to capital markets from traditional avenues to grow their wealth.

Muthoot FinCorp Ltd aims to raise up to Rs. 360 crores through non convertible debentures with the sale opening from April 10 and ending on April 25

Open Interest (OI) data showed the call side exhibited the highest OI at 23,000, followed by the 22,900 strike prices, while the highest OI on the put side was observed at 22,700 strike price.

The Securities and Exchange Board of India (Sebi) on Wednesday extended its earlier statement in the Bombay High Court that it will not take any action against Essel Group chairman Subhash Chandra for three weeks, in connection with the summons it had issued.

IndiGo Airlines, part of Interglobe Aviation, strengthens its position as the world's third most valuable airline. With strategic growth plans, including expanding international segments and maintaining low costs, it continues to attract investor interest.

Sensex hit 75,000, giving a 13.8% CAGR return since inception on January 2nd, 1986. Here are the key milestones for the benchmark index: (Source | ET NOW)

IndiGo Airlines, run by Interglobe Aviation, on Wednesday, became the world's third most valuable airline as its market capitalisation surpassed that of Southwest Airlines. The stock ended 5% higher at Rs 3,807 on BSE.

The Shanghai Futures Exchange (SHFE) will impose trading limits on its gold and copper contracts, it said on Wednesday, following sharp price rallies by both metals.

IndiGo's shares rose 4.7% to Rs 3,801.8 after finalizing a 10 A320neo plane order with Airbus. The company hiked airfare by 20–25% due to Vistara flights cancellation, leading to a surge in stock price.

Sensex jumps 354 points to settle at 75,038. Nifty gains 111 points to 22,754. Nifty metals index rose 1.2%, hitting a record high for the second straight session.

The airline company has increased the fares on prominent routes by up to 25%. The steep fare hike is due to the cancellation of Vistara flights, which has added to heavy demand.

NSE cautions against fake videos featuring CEO Ashishkumar Chauhan giving stock recommendations. Investors advised to verify information from official sources.

Retail investor's shareholding went up by 168 bps from 12.85% to 14.53% sequentially while Non-Resident Indians (NRIs) also saw an increase from 0.67% to 0.85%.

When it comes to small cap stock there is an interesting equation between desire and challenge. Desire keeps moving up and down but the challenge of finding the right stocks is always present. Let's just look at what happened in the last three months. In January, 2024, the desire to own them was extremely high, then came March 2024 and we saw them getting beaten like anything. Come April, as the nifty recovers, some of these small caps are making a comeback. If the market stays under the control of bulls, it is very likely that once again the small cap stocks will see higher volume and activity. So, if one is thinking of buying the small caps. just ensure a couple of things, that when the market corrects, which it will keep doing at periodic levels, your portfolio suffers relatively less. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space which also meets some parameters like net margins and return on equity.

The exchange, the largest in the country, issued the warning after observing that the face and voice of CEO Ashishkumar Chauhan was being falsely used in some investment and stock advisory videos.

While government policy impacts every sector in one way or another, there are some sectors where government policy is the most important factor both for growth and survival. Why it is important, because all of the spending in that sector is done by the government, it could be central or the state government. At first, it was the central government, but if one looks at how important it has become for gaining political capital, every state government has been focusing on road and highway construction. The impact of a coordinated effort between state and central government is that the lead time for the construction of roads comes down very sharply. This has a positive impact on the bottomline of the companies, right from lower requirement of working capital to higher turnover in terms of companies being able to securitize their assets to other players or private equity funds and move on to take on other projects leading to higher growth in bottomline.

In the last four trading sessions, two private sector banks have seen significant development both related to their shareholding. First is the case where the news came out that FII’s have reduced their holding and in another case a private equity investor sold its stake through a block deal. After both announcements, the stock prices moved up sharply. A number of times in stocks, where there is big institutional holding, there are phases, where it is more of technical reason which keeps the performance down. Now, surprisingly, it is during this period that PSU banks stocks which have been doing extremely well for the last couple of quarters, witnessed some profit booking. In case there are a few more trading sessions where banks see a divergence in performance, one cannot rule that a narrative might come on the street, about how private sector banks are better than PSU banks. It would be better to ignore those noises.

Jhunjhunwala cut her stake in Canara Bank by 62 bps to 1.45% in the January-March quarter from 2.07% at the end of the previous quarter. The stock has delivered returns of 115% over the past 12 months and its year-to-date returns are 38%.

​Equity markets BSE and NSE will remain closed for trading on Thursday on the account of Eid-Ul-Fitr (Ramzan Id). India's largest agri commodity exchange NCDEX will also be shut tomorrow, while MCX will be closed for the first session between 9 am and 5 pm and resume trading after 5 pm.

The market capitalisation of all BSE-listed stocks on that day 10 years ago was just Rs 81 lakh crore and has now jumped multi-fold to an all-time peak of Rs 400 lakh crore, making India the fifth largest stock market in the world.

In Jefferies' view, the global recovery in manufacturing including one in China is driving the sector and there are now signs of a rising trade.

Motilal Oswal suggests 'buy' for Kolte Patil Developers Ltd with a Rs 700 target price, expecting a 34% upside. Analyst Pritesh Sheth emphasizes sustainability of growth and fair value estimation for potential further upside.

In Jefferies' view, the global recovery in manufacturing including one in China is driving the sector and there are now signs of a rising trade.

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:

In March, the promoter of PB Fintech approved the incorporation of PB Pay, which was created to conduct the business of payment aggregator with a paid-up capital of Rs 27 crore.

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

The brokerage said that Vedanta is well placed to benefit from the commodity upcycle given its diversified exposure. Additionally, the company's efforts to raise capacity and profitability across segments through its ongoing capex activities also augurs well.

The development comes almost a month after Paytm Payments Bank stopped basic banking services under the instructions from the Reserve Bank of India.

In FY24, FPIs invested heavily in capital goods, consumer services, and automobiles in India. Sectors like telecom, healthcare, and financial services also saw significant inflows, while metal & mining, oil & gas, media, and chemicals faced heavy selling.

Cyient shares hit a record high of Rs 2,457 on December 22, 2023, but failed to hold on to the momentum. The stock found support above 1,900-2,000 levels, which acted as crucial support multiple times since December 2023. Short-term traders can look to buy the stock now or on marginal dips for a possible target of Rs 2,450 which could lead to a fresh record high.

Nifty opened positive and grew stronger. But it soon started losing strength and closed with a loss.

CLSA upgraded Vedanta to a buy from reduce earlier and raised the target price to Rs 390 from Rs 260 earlier.

Financial advisers always insist on the process of asset allocation for every investor. Only the composition of the assets in the portfolio could defer depending upon age. Also, they say that it’s not ‘the timing of the market’ that’s important for wealth creation, instead it’s ‘the time in the market’ that’s important.

Gen Z is turning to investment apps like Zerodha for financial independence. With a focus on compounding and SIPs, the youth navigates market volatility cautiously, influenced by 'finfluencers' on social media.

From the Sensex stocks, Tata Steel, JSW Steel, Bharti Airtel, Reliance, and Tata Motors opened with gains, while only HDFC Bank, Sun Pharma, and TCS opened with cuts.

Trust Mutual Fund's Chief Investment Officer Mihir Vora gives the analogy of gorilla while explaining how he looks for companies that are deeper in the market but are rare, dominant and unchallenged.

Looking back, the story of the Sensex is the story of India in a sense. In 1979, India was virtually a basket case in the global scheme of things, with a GDP of barely $130 billion. In fact, in 1990, the country went nearly bankrupt with forex reserves dwindling to a few months of our imports. Then came the IMF bailout package, and India has not looked back since.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2%, after U.S. stocks ended the previous session with mild gains. The index is up 0.2% so far this month.

Wednesday's hotly anticipated Consumer Price Index (CPI) is at the top of most investors' minds as they tweak expectations on the timing and extent of the Federal Reserve's rate-cutting phase, following robust economic data such as last Friday's blockbuster employment report.

Stocks that were in focus included names like Hindustan Zinc, which jumped nearly 17%, Vodafone Idea, which fell 2%, and Angel One, whose shares declined 3.06% on Tuesday.

The BSE sensex, India's most closely watched stock market bellwether, crossed the 75,000-point mark on Tuesday, indicating past successes of the Indian economy and market and raising hopes for future wealth creation. On the NSE, Nifty also reached a new lifetime high of 22,768 points during early sessions before closing at 22,643, down 24 points.

Retail investors surged on Dalal Street, with 15 crore demat accounts. Mutual fund folios reached 11 crore, while equity assets grew. SIPs rose to Rs 19,000 crore amidst foreign fund selloffs, supported by financialisation of savings and digitisation.

"SBI Cards stock has recently broken out above the upper band of a Falling Wedge formation, indicating a bullish reversal signal and signaling a potential upward movement. Traders can buy for a target of Rs 770-830," KKunal V Parar, Vice-President of Technical Research and Algo, Choice Broking, said.

Domestic flows are expected to remain firm, while global flows seem to be a bit apprehensive about higher valuations. They have a choice of buying 'sundar' (a market like India which has given better returns but is trading at expensive valuations) or 'sasta' (markets like China, Brazil, South Africa, and Russia which are trading at cheap valuations). It is a difficult choice.

Looking back, the story of the Sensex is the story of India in a sense. In 1979, India was virtually a basket case in the global scheme of things, with a GDP of barely $130 billion. In fact, in 1990, the country went nearly bankrupt with forex reserves dwindling to a few months of our imports. Then came the IMF bailout package, and India has not looked back since.

Earlier, asset reconstruction companies (ARCs) would ask creditors selling bad loans for central KYC records, but now the RBI is insisting on full KYC. "When purchasing portfolios from banks/NBFCs, RBI requires ARCs to maintain KYC documents for all accounts. This seems to be a fallout of the Paytm incident," said an ARC executive.