Deposit growth has surprised positively. Decline in corporate loan growth and LDR are excellent outcomes. The valuations remain attractive and long-term investors can look to add the stock to their portfolio.

Tac Infosec shares debut at 173.6% premium on NSE SME platform. The IPO oversubscribed 300 times.

The central bank is expected to maintain its key interest rate for a seventh straight meeting.

Cyient shows promising growth with a focus on client relationships, acquisitions, and strategic positioning in niche markets. The company's diverse business units and strong order book indicate a positive revenue trajectory ahead.

The threat of supply disruptions owing to a prolonged conflict in the Middle East kept Brent futures above $90 a barrel - a level not seen since last October

Cboe Global Markets filed a request with the SEC for regulatory approval to change its rules and allow issuers to add an exchange-traded fund (ETF) share class to existing mutual funds, the exchange said on Thursday.

Investors also digested comments from U.S. President Joe Biden, who called for an immediate ceasefire in a call with Israel Prime Minister Benjamin Netanyahu over the Gaza war. Oil prices climbed amid the geopolitical tensions.

Bandhan Bank in Kolkata saw significant growth in loans and deposits by the end of the 2023-24 fiscal year, with a notable increase in CASA deposits and strong collection efficiency.

Brookfield's private equity division is in discussions with Blackstone, the world's largest alternative asset manager, to buy into PGP Glass, formerly Piramal Glass. The Canadian asset management giant is competing with US firm Platinum Equity Partners, a relatively unknown entity in India so far. The deal contours have changed as negotiations progress, with the PE suitors now seeking a stake of 65-75% with Blackstone owning the rest.

HUL exploring selling ice-cream business after making it a separate unit. Ice-cream requires unique manufacturing and distribution. Market competition includes Magnum, Amul, and Kwality. Unilever focuses on similar segments, aiming to improve gross margins.

Ricardo Constructions, a wholly-owned company of the SP Group engaged in the construction of residential apartments, raised the bonds from Asia Pragati Strategic Investment Fund, managed by PAG, a global alternative investment firm.

Overseas investors' stake in the bank fell in the March quarter but this fell short of index provider MSCI's requirements to increase the stock's weight on the index.

Data from primeinfobase.com showed the percentage of votes opposing resolutions soared to a record high of 8.55% in FY24, a notable leap from 7% in FY23 and 4.62% in FY22. This substantial increase aligns their position more closely with the practices observed in developed markets, where institutional investors typically oppose 8-10% of resolutions proposed by companies.

HDFC Bank reported a 55.4% year-on-year (YoY) growth in its gross advances to Rs 25.08 lakh crore for the quarter ended March. On a sequential basis, the gross loans rose by 1.6%.

NSE's Nifty rose 80 points, or 0.36%, to close at 22,514, its highest-ever closing level. The index hit an all-time high of 22,619 during the day. BSE's Sensex rose 350.81 points, or 0.47%, to end at 74,227, a record closing level before. The index rose to an all-time of 74,501 earlier in the day.

The fertiliser stock hit a 52-week high of Rs 402 on January 4 but failed to maintain the momentum. In terms of price action, the stock is now trading above short- and long-term moving averages of 5,10,30,50,100 and 200-DMA on the daily charts, which is a positive sign for the bulls.

Wall Street's indexes climbed as reports hinted at future monetary policy easing. In the previous session, data on slowing U.S. services sector activity and statements from Federal Reserve officials, including from Chair Jerome Powell, had led the S&P 500 and the Nasdaq to close higher.

Shares of Levi Strauss & Co jumped to a more than two-year high as the jeans maker raised its annual profit forecast, powered by new CEO's cost-cutting initiatives and a focus on direct-to-customer sales.

Taken together, higher average inflation and a neutral rate of 1% to 1.5% would imply a long-term federal funds rate of 3.5% to 4.0%. So while the Fed’s projections for 2024 look likely to be more accurate than the market’s at the start of the year, this time around it’s the central bank, not the market, that will probably have to adjust.

HDFC Bank's ADRs surged 7% on NYSE, NSE stock up 3%. Robust growth in gross advances and domestic retail loans. Market awaits core numbers after December quarter challenges.

NBFCs experience strong growth in retail loans. Poonawalla Fincorp and L&T Finance record highest-ever disbursements. M&M Finance shows asset growth and high collection efficiency. Poonawalla Fincorp CEO to be replaced.

Indian shares closed at fresh record highs in a highly volatile market on Thursday, led by financials and information technology stocks. The S&P BSE Sensex closed 0.47% higher at 74,227, while the NSE Nifty50 index ended above the 22,500 level. "The near-term uptrend of Nifty remains intact and we observe smaller degree positive pattern like higher tops and bottoms as per daily timeframe chart. A decisive move above 22550-22600 levels could open the next upside towards 22800 levels. Immediate support is at 22300 levels," said Nagaraj Shetti, Senior Technical Research Analyst, HDFC Securities.

Indian shares closed at fresh record highs in a highly volatile market on Thursday, led by financials and information technology stocks. The S&P BSE Sensex closed 0.47% higher at 74,227, while the NSE Nifty50 index ended above the 22,500 level. "The near-term uptrend of Nifty remains intact and we observe smaller degree positive pattern like higher tops and bottoms as per daily timeframe chart. A decisive move above 22550-22600 levels could open the next upside towards 22800 levels. Immediate support is at 22300 levels," said Nagaraj Shetti, Senior Technical Research Analyst, HDFC Securities.

The smallcap stocks have been under pressure over the past month after the market regulator warned about the frothy valuations in the segment. During the period, the smallcap quality index was still able to beat the broader smallcap index by 77 basis points vindicating the historical trend that the market continues to reward high-quality companies.

The S&P 500 rose 32.6 points, or 0.62%, at the open to 5244.05​, while the Nasdaq Composite rose 141.1 points, or 0.87%, to 16418.567 at the opening bell.

The S&P BSE Sensex rose over 300 points while the Nifty50 settled above 22,500. Sectorally, buying was seen in IT, consumer durables, utilities and banks while oil & gas, energy and public sector stocks saw some selling pressure.

Nifty 50 ends 0.4% higher at 22515 points, facing potential bearish reversal. ​On the daily chart, the index has formed a hanging man pattern, indicating a potential bearish reversal in the short term, said Rupak De, senior technical analyst at LKP Securities.

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

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 a security from extreme bearishness to bullishness. In Thursday's trading session, five stocks saw top short covering. Here's the list:

Donald Trump's social media company, Truth Social, initially saw a surge in its stock price when it went public. However, the parent company disclosed financial struggles, causing its shares to drop by 21%. As a result, Trump's net worth also fell by $1 billion, given his 57% stake in the company, now worth $4 billion.

The beleaguered Indian wireless carrier is also in advanced talks with other investment bankers for the follow-on public offer that should be rolled out in coming months, the people said, asking not to be identified because the information is private. Vodafone Idea got shareholder approval this week to raise as much as 200 billion rupees ($2.4 billion) via shares or equity-linked instruments.

​The 30-share BSE benchmark Sensex surged 351 points or 0.47% to settle at 74,228. The broader NSE Nifty gained 80 points or 0.36% to end at 22,515. High-weightage financials rose 0.8%, led by HDFC Bank, which gained 3% and hit its highest level since January 17, after posting sequential growth in deposits in the March quarter.

The monetary policy review meeting is expected to consider various factors including domestic stability, global rate trends, and demand-supply dynamics, shaping the outlook for the financial year.

Somehow word volatility got associated with bearish trend, while it might appear strange to some, the fact is that even volatility has a bias and that can be toward bulls also. In the last few sessions that bias has changed toward bulls. Broader market indices have been able to recover sharply from their lows when they have opened down lower. At this point of time when sectors like banks are leading it, there is a high probability that we might see more of it in the coming weeks. The only caveat is that the earning season which will be starting with large cap IT companies deliver extremely bad surprises then all bets are off. But don't lower guard in terms of stocks selection, stay with the one where the sectoral macros are positive and individual companies have a track record both in terms of financial and management ability.

​The 30-share BSE benchmark Sensex surged 351 points or 0.47% to settle at 74,228. The broader NSE Nifty gained 80 points or 0.36% to end at 22,515. High-weightage financials rose 0.8%, led by HDFC Bank, which gained 3% and hit its highest level since January 17, after posting sequential growth in deposits in the March quarter.

Dividend yield is one of the most important factors to consider while investing in dividend-paying stocks. It is an indicator of the return that investors are earning on their shares. Religare Broking has filtered the list of 10 stocks based on their fundamental strength. Take a look:

Dabur said demand trends remained sluggish during the March quarter as the company is expected to report mid-single-digit revenue growth. The inorganic revenue growth which was to the extent of around 2.3% in the December quarter on account of the Badshah acquisition is now factored into the base.

Aurobindo Pharma's stock, after a 100% rally in FY24, faced resistance but is now showing signs of bottoming out. Experts suggest a possible rise above Rs 1,300 for short-term traders.

In the last four years of bull run, among the PSU space, defence was the first sector to see a re-rating, infact it was the sector which led back the resurgence of the PSU space which was then followed by railways and then NBFCs which are lending to particular sectors. Now the fact that the defence stocks have run up sharply and sitting with gains, questions are bound to come on whether they have priced all the positives or not. A part of the answers lies in looking at how the stock behaved in recent times and whether the macro operating picture of the sector has changed or not. On the price front, in the corrective move of March, after initial correction due to profit booking, some of the defence stocks have once again moved upward and are quoting close to all time high, indicating demand for the paper from this sector. On the fundamental front, the operating matrix is better and probably it is one of the sectors where the continuation in policy making will have the biggest positive impact.

There were around 214 sectoral or thematic mutual fund schemes in the market. Out of these, 84 schemes delivered negative returns. Here are 10 sectoral or thematic schemes that lost the most in March, according to the data by ACE MF.

BEL's stock surged, doubling wealth. Experts advise caution, suggest strategies for traders. Elliott Wave Theory predicts rally continuation. Monitoring RSI and MACD crucial for investment decisions.

Indian shares retreated after hitting record highs at the open on Thursday as profit-booking overshadowed HDFC Bank's jump after its quarterly update. Nevertheless, in today's trading session, six stocks from the Nifty200 index reached new 52-week highs. Here's the list:

As insurance industry overcomes trust issues with data-backed claims payment, technology aids awareness, accessibility, and faster claims settlement using AI, machine learning, and drones. Initiatives like Cashless Everywhere provide personalized insurance solutions, reshaping the sector.

Kotak Institutional Equities expressed concerns over OMCs' capex plans due to limited pricing freedom. Government's petrol and diesel price cut, along with rising crude oil prices, may impact energy stocks like HPCL, IOC, and BPCL.

Axis Securities expects Nifty earnings to post excellent growth of 15% CAGR over FY23-26. Amid this backdrop, here are the top stocks from the mid and smallcap space that the domestic brokerage has recommended for April:

One sector which has been firing on all cylinders has been the auto sector, it started with stocks like Ashok leyland, Tata motors, Eicher motors.doing extremely well in the first phase of auto sector bull run.Then it was companies from the tyre sector which saw a sharp upward trend and then a select few auto ancillary stocks. It was in the third phase where 4 wheeler and 2 wheeler companies joined the bull run. One of the reasons why there has been a difference between different segments joining the rally at different stages has been the fact that each segment has been adjusting to the transformation to the EV space. The adjustment process is still on, so rather than taking exposure to a single stock it would be better to have a look at the basket of the stocks and have a mix. There are some stocks which are not been looked favorably by analysts as they believe that stocks have seen a run up but the fact remains that as sector one of the best proxy for taking exposure to economic growth.

INC leader Rahul Gandhi's disclosed Rs 4.30 crore stock portfolio, which includes various companies like Suprajit Engineering, ITC, ICICI Bank, Alkyl Amines, Bajaj Finance, Tata Consultancy Services, Britannia Industries, and Titan Company.

With nearly 27% returns in the past 12 months, the stock has performed in tandem with Nifty50 which has risen around 29%. The stock is trading above its 50-day and 200-day simple moving averages (SMAs) and has now fallen into an overbought zone.

Smallcaps with double-digit returns turned multibaggers in Q1 2024, led by Waaree Renewable Technologies and Diamond Power Infrastructure. Despite caution due to SEBI warnings, experts like Rishabh Goel and Varun Saboo remain optimistic about smallcaps' earnings growth potential.

​KEC International's share price rallied 15% to hit a new 52-week high at Rs 838.2 in Thursday's trade on BSE after the firm bagged Rs 816 crore orders across its various businesses.