Brokerage firm HSBC maintained a buy rating on Sun Pharma, Citigroup recommended a buy rating on ICICI Bank, JPMorgan has an overweight rating on Bajaj Finance and CLSA recommended a buy rating on Avenue Supermarts.

IDFC First Bank's shares dipped 3.5% as Warburg Pincus exited through block deals. The bank reported an 18.4% growth in net profit for the quarter, with investors clocking returns at 43% in the last one year.

In an order dated March 19, the Allahabad High Court directed an investigation against SKS Power Generation (SKSPGL) and its affiliates for the illicit transfer of funds to two British Overseas Territories - the British Virgin Islands and Bermuda - through fictitious companies.

Stocks that were in focus include names like Maruti Suzuki, which rose 2.53%, HDFC AMC, which declined 0.36%, and Adani Power, whose shares fell 1.63% on Wednesday.

The market capitalisation of RPG Enterprises companies, led by Harsh Goenka, grew by a staggering 77% in FY24 to Rs 45,932 crore as of March 22, data by Ace Equity showed.

Sridharan said unsecured microfinance loans and low-ticket loans against property will be also introduced mostly in the first half of the next fiscal.

Markets were largely rangebound ahead of Friday's much-anticipated U.S. core personal consumption expenditures (PCE) price index data, the Federal Reserve's preferred measure of inflation. Few markets will be open to digest the new reading, however, given the long Easter weekend in many countries.

UBS said ABB is the best bet on the 'low-to-medium voltage electrification' theme despite near-term concerns over short-cycle order fatigue.

Several people complained on social media about briefly seeing the value of their DJT stock holdings on Charles Schwab platforms inflated to figures more in line with what they would be worth if the shares traded at the level of the Dow Jones Transportation Average.

The RBI has said that provisioning will be required only to the extent of the RE's investment in the AIF scheme that is further invested in the debtor company, rather than on the entire investment in the AIF scheme.

A 'beta version' will be implemented to ensure the smooth functioning of the shorter settlement cycle before its full-fledged launch.

Merck & Co advanced 4.96% as the best performer on the Dow after the U.S. Food and Drug Administration approved its therapy for adults suffering from a rare lung condition.

Nifty futures on the Gift Nifty traded at 22,185, down 29 points or 0.13%, siganlling a negative start for Dalal Street.

Reliance Industries is currently the largest company in India by market capitalisation, which is a little over ₹20 lakh crore.

JSW Energy's board to meet on April 2 to consider a proposal for raising of funds through the issuance of eligible securities of the company by way of private offerings or on a preferential allotment basis.

“Voltas stock has been making higher lows from the last five months and coming out of its upward sloping channel on weekly frame. Traders can buy for a target of Rs 1150 in the next 2-3 weeks, and a stop can be placed below 1075,” Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd, said.

Voltas stock shows resilience, hitting a 52-week high but facing resistance. With positive RSI, experts recommend buying for a target of Rs 1150 in 2-3 weeks, supported by stable trading near 50-DMA.

According to the bulk deal data available with the BSE, more than 4.42 crore equity shares of Aster DM Healthcare were sold by Olympus Capital Asia Investments and 45.59 lakh shares by Olympus ACF Pte Ltd of the company. In a separate deal, Capital Group acquired shares of Aditya Vision, a financial services company, for Rs 95 crore.

Weighing on the tech-heavy Nasdaq, AI giant Nvidia shed 3.1%, leading losses among megacap growth peers. Traders see a 70% chance the Fed will begin its easing cycle in June, according to the CME FedWatch tool. Nine of the 11 major S&P 500 sectors were trading higher, with utilities and real estate leading gains, while information technology lagged.

Indian shares rose on Wednesday, led by heavyweights Reliance Industries and HDFC Bank. The S&P BSE Sensex closed 0.73% higher at 72,996, while the NSE Nifty50 index ended above the 22,100 level."Nifty has formed an Inverted Head & Shoulder formation and now awaiting a breakout for the target of 22,640 while on the lower side, 21,900 will continue to act as a strong support," said Aditya Gaggar, Director of Progressive Shares.

According to exchange data, the bank has offloaded 75 lakh shares or 7.1% stake in the company at Rs 1,688.4, taking the deal value to around Rs 1,266 crore.

​ GameStop's shares fell more than 14% on Wednesday, as the brick-and-mortar video game retailer reported a decline in fourth-quarter revenue on the back of a spending slowdown and rising competition from e-commerce firms.

Shares of Trump Media & Technology Group rose more than 18% on Wednesday, extending gains from their stellar Nasdaq debut to the second day.

Warburg Pincus affiliate Cloverdell Investment may offload 15.9 crore shares. The floor price is set at Rs 75 apiece. Cloverdell is hoping to rake in Rs 1,191.40 crore through the sale, reports said.

Indian shares rose on Wednesday, led by heavyweights Reliance Industries and HDFC Bank. The S&P BSE Sensex closed 0.73% higher at 72,996, while the NSE Nifty50 index ended above the 22,100 level."Nifty has formed an Inverted Head & Shoulder formation and now awaiting a breakout for the target of 22,640 while on the lower side, 21,900 will continue to act as a strong support," said Aditya Gaggar, Director of Progressive Shares.

​Analysts have increased the earnings per share (EPS) estimates of InterGlobe Aviation by 5-7% for FY25 amid expectations of rising yields in the coming quarters as the airline expands market share helped by rising demand. The stock has gained nearly 10% in the past five trading sessions taking the three-month return to nearly 21%.

​The Bank of England said on Wednesday it was taking a deeper look at risks from the opaque private equity sector, and why valuations of Britain's main banks are "subdued" compared with international peers.

The Dow Jones Industrial Average rose 179.65 points, or 0.46%, at the open to 39,461.98.

Nifty on Wednesday formed a green candle on the daily chart. Analysis of the Open Interest (OI) data revealed the highest OI on the call side at the 22,400 strike price, followed by the 22,500 strike price. On the put side, the highest OI was observed at the 22,000 strike price.

Kotak Mahindra Bank, Axis Bank, and HDFC Bank rose over 1% each while Bank of Baroda, PNB, SBI, and Bandhan Bank saw selling pressure. Bouncing back, Nifty Bank rose 185 points to close at 46,785

Sensex jumps over 500 points today. Capital goods, consumer durables, realty, and power stocks saw buying action while public sector, IT, metal and FMCG stocks saw selling pressure

The broader market, which was overheated, has seen a healthy decline and it appears that the price correction phase is over and will likely lead to a bottoming and a resumption of the bull phase, said Nuvama Research in a recent note. It also listed its top smallcap picks:

Small and midcaps gained 1% and 0.1%, respectively, but have dropped 4.5% and 0.8%, respectively, so far in March. The Nifty has risen 0.6%.

In another bold move for the Indian stock market, Sebi is finally introducing the same-day or T+0 trade settlement for a limited set of securities from March 28. This new initiative will be introduced for 25 stocks with a limited number of brokers. The T+0 settlement option will only be available for trades executed between 9:15 am & 1:30 pm. In this video, understand the concept of T+0 settlement and how it differs from the current T+1 cycle.

Tata Capital, the flagship financial services company of the Tata Group, is carrying on business as a non-banking financial company. The company and its subsidiaries are engaged in providing/supplying a wide array of services/products in the financial services sector and operates across various areas of business.

In a period where small-cap stocks underperformed significantly, leading to a situation where large investors were calculating their losses in their small-cap holdings, there would be a group of steadfast enthusiasts who continue to see potential in small caps. Investing in these stocks, even amidst turmoil, can be sensible for those prepared to maintain their investment for three to five years. However, it's crucial to recognize the distinction between high-quality and poor-quality businesses across the small, mid, and large-cap spectrums, as well as the difference between the intrinsic value of a stock and the overall value of the company. Certain niche small businesses may still generate significant returns over time if they are held long enough. On the other hand, if one's approach to small-cap investments is merely based on the absolute value of a stock with hopes of a tenfold increase, then it's a misconception. Stock market investing, whether in small, mid, or large caps, should not be driven by unrealistic expectations; otherwise, it leads to nothing but undue stress, rather than substantial returns.

The company's outperformance over its peers is fully priced in at the current valuations, Kotak said in a note as it slashed the stock's fair value to Rs 3,750, a 1.5% climbdown from Tuesday's closing price of Rs 3,811.

There are many industries which go through a trial by fire. The notable reasons being, evolving policy framework, requirement of extremely patient long term capital, intense competition coming from a strong player, basic structure being very low net margins, sudden change in technology coming as a threat. The five of the many reasons listed above, probably Indian retailers, is an industry which has seen all of them. Right from a policy framework on how much foreign equity can come ? Whether it can come in direct consumer retailing or only in wholesale trade? To a giant like Reliance Industries entering into this space to the birth of flipkart to the entry of Amazon in India. You name it, the Indian retail industry has faced headwinds of all sorts. But it is more than two decades since the birth of organised retailing in India and that is a long enough period for any industry to complete its trial by fire, leaving it with few companies which are able to finally grow. Has the industry reached that point or there is still a long way to go ?

T+0 settlement cycle will be available along with the current T+1 cycle. It is optional. Prices of stocks trading under T+0 will not be considered in index calculation and settlement price computation.

The pan-European STOXX 600 was steady at 511.07, as of 0816 GMT, hovering near a record high hit on Tuesday.

There are many industries which go through a trial by fire. The notable reasons being, evolving policy framework, requirement of extremely patient long term capital, intense competition coming from a strong player, basic structure being very low net margins, sudden change in technology coming as a threat. The five of the many reasons listed above, probably Indian retailers, is an industry which has seen all of them. Right from a policy framework on how much foreign equity can come ? Whether it can come in direct consumer retailing or only in wholesale trade? To a giant like Reliance Industries entering into this space to the birth of flipkart to the entry of Amazon in India. You name it, the Indian retail industry has faced headwinds of all sorts. But it is more than two decades since the birth of organised retailing in India and that is a long enough period for any industry to complete its trial by fire, leaving it with few companies which are able to finally grow. Has the industry reached that point or there is still a long way to go ?

Stock exchanges will introduce the beta version of ‘T+0’ or same-day trade settlement in the 25 scrips in the cash segment from Thursday.

Indian shares rose on Wednesday, led by heavyweight Reliance Industries after Goldman Sachs set a Street-high target price and by oil marketing companies as a drop in crude oil prices aided hopes of sustained refining margins. Meanwhile, in today's trade, six stocks from the Nifty200 index hit a new 52-week high. Here's a list:

Currently, there are 13 other stocks with a market capitalisation of Rs 4 lakh crore or more, namely Reliance Industries (RIL), Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India (SBI), Infosys, Life Insurance Corporation of India (LIC), ITC, Hindustan Unilever (HUL), Larsen & Toubro (L&T), Bajaj Finance and HCL Technologies.

Stock exchanges will introduce the beta version of ‘T+0’ or same-day trade settlement in the 25 scrips in the cash segment from Thursday.

The company has scheduled a committee meeting on Tuesday, April 2, 2024, to consider and approve the issue price for the equity shares to be allotted to qualified institutional buyers, pursuant to the Issue.

Why should the decision which traders take, should not be copied by investors? Simple, traders are looking to generate income from short term movement in stocks, whereas investors focus has to be generating wealth from long term trend in growth of business. But the fact is that short term narratives which are essentially governed by technical factors, tend to affect a lot of investors also and that is what leads to decisions which should have been avoided. In the last three weeks, not even one sector has been spared by bears, they were seen across the street. So, while traders should bother about the fact that what has happened to bank stocks in the short term, investors should focus on whether the health of the banks both in terms of NPA’s and credit growth has been better or not. If that answer is yes, which at this point of time it is then what is happening to bank nifty should not bother an investor.

Adani Power proposes to acquire 100% share capital and control of Lanco Amarkantak Power, pursuant to the corporate insolvency resolution process (CIRP) initiated under the Insolvency and Bankruptcy Code, 2016 (IBC), according to a release.

Motilal Oswal stock hit a record high of Rs 1937 on 8th February 2024, but it failed to hold on to the momentum. It closed at Rs 1672 on 22nd March 2024 which translates into a fall of over 13%.

BOJ board member Naoki Tamura said the central bank must proceed slowly but steadily towards normalising its ultra-loose monetary policy.