The bonus shares after their allotment will rank pari-passu in all respects and carry the same rights as the existing equity shares, the company said in its filing to the exchanges.

Indian equity indices plummeted with Sensex tanking over 600 points, Nifty below 21,900. BSE market cap dropped Rs 3.71 lakh crore. IT stocks weakened, FIIs sold, and oil prices edged down. Nifty's support level at 21,915 breached.

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

Short-to-medium-term traders can look to buy the stock or on marginal dips for a possible target of Rs 4900 in the next 4-5 months, suggest experts.

Shares of Hindustan Petroleum Corporation (HPCL), Indian Oil Corporation (IOC), and Bharat Petroleum Corporation (BPCL) have fallen 11%, 9%, and 6% respectively since March 15, the day when the rate cut came into effect.

Indian equity indices plummeted with Sensex tanking over 600 points, Nifty below 21,900. BSE market cap dropped Rs 3.71 lakh crore. IT stocks weakened, FIIs sold, and oil prices edged down. Nifty's support level at 21,915 breached.

A long buildup is when there is a rise in open interest and volumes along with an increase in the price of the underlying stock in the Futures and Options segment. The long buildup is the occurrence of a long (buying) trend in the share market. In Tuesday's trading session, five stocks witnessed a build of fresh long positions. Here's the list:

Nifty traded with small losses and saw a pullback that put it in the positive territory.

Indian equity indices open lower with TCS, Reliance Industries, Infosys leading the decline. Experts share insights on market trends. Global market movements and oil prices influence trading.

Nomura neutral on HDFC Bank at Rs 1625 target price. Kotak Mahindra Bank raises InterGlobe Aviation's target to Rs 4200. UBS maintains Infosys buy at Rs 1800. Jefferies bullish on Piramal Pharma.

The Bank of Japan ends 8 years of negative interest rates, making a historic shift with the first rate hike in 17 years. This move keeps rates around zero due to a fragile economic recovery.

The central bank ended its negative short-term interest rate policy (NIRP) and yield curve controls (YCC), as well as dropping purchases of risky assets, including exchange-traded funds (ETFs).

Royal Sense IPO on BSE SME platform debuted with a 90% premium, raising Rs 10 crore. The company supplies high-quality goods for health services in the Indian market, focusing on surgical accessories and laboratory equipment.

Signoria Creation's shares debuted on NSE SME platform with a 101.54% premium. The IPO, a fresh equity issue of 14.28 lakh shares, received overwhelming response. Proceeds will be used for corporate purposes with a focus on women's apparel market growth.

The company is focusing on category development through relevant product launches and simplification of businesses to drive consistency in its performance and improve the earnings growth trajectory, going ahead.

Popular Vehicles IPO debuted with discounts on NSE and BSE. The company's revenue segments include passenger, commercial vehicles, and electric vehicles. It closed on March 14 with a P/E of 28.9x based on FY23 earnings.

Godrej Consumer is focusing on category development through relevant product launches and simplification of businesses to drive consistency in performance and improve earnings growth trajectory. This will aid the company to post 11% revenue CAGR over FY23-26, says Kruttika Mishra of Sharekhan by BNP Paribas.

SBI Mutual Fund was sitting at a war chest of Rs 25,100 crore and ICICI Prudential AMC Rs 21,700 crore. HDFC Mutual Fund's cash pile of nearly Rs 19,000 crore is about 6.8% of its AUM, shows data pulled from ACE Equity.

Inflation data released last week showed that consumer prices in the US rose again in February. Consumer prices rose 0.4% for the month and 3.2% from a year ago, and this was higher than market expectations.

The deal is reported to be worth around Rs 9,000 crore at an average share price of Rs 4,043 per share.

Joining TCS in the list of Sensex losers were Wipro, Nestle India, Bajaj Finserv, Asian Paints, and Tata Motors. Conversely, Bajaj Finance, Tata Steel, Sun Pharma, ITC, and ICICI Bank opened with gains amidst the early trading session.

BOJ ends negative rate policy with first hike since 2007. Inflation above 2% target leads to anticipated exit from ultra-loose policy in March or April.

BYD, which overtook Tesla last year as the world's No. 1 electric vehicle manufacturer, will use Nvidia's next generation of in-vehicle chips, called Drive Thor, to enable increased levels of autonomous driving and other digital functions, Nvidia said.

Many semiconductor-related shares had outsized losses, after Nvidia's annual developer conference failed to provide fresh momentum for the global artificial intelligence-centred chip stock rally.

Wall Street's main indexes closed higher on Monday, with megacap growth stocks such as Alphabet and Tesla supporting a rebound in technology-heavy Nasdaq while investors also waited anxiously for the U.S. Federal Reserve's meeting this week.

In a week filled with central bank meetings across the globe, the BOJ takes the spotlight on the day with all signs pointing to the central bank shifting away from its ultra easy monetary policy.

Foreign portfolio investors were net sellers at Rs 2,051 crore on Monday. Domestic institutional investors bought shares worth Rs 2260 crore.

As of December 31, 2023, Tata Sons held a 72.38% stake in TCS. The stock slid 1.75% to ₹4,144.75 on the BSE Monday. TCS has a market capitalisation just north of ₹15 lakh crore - nearly half the total market value of all the Tata Group listed companies at ₹31.09 lakh crore.

"We are seeing noticeable resilience in the IT pack amid the prevailing choppiness. Infosys is now catching up with the other performers viz. HCL Technologies and TCS. Traders can buy for a target of Rs 1820 in the next 1-2 months," Ajit Mishra, SVP - Technical Research, Religare Broking Ltd., said.

A Rs 2 cut in prices of petrol and diesel per liter on March 15 is likely to reduce gross marketing margins by Rs 1.8-1.9 per litre or 30-45% from the current levels. Before the price cut, the per litre marketing margin was Rs 6.1 on petrol and Rs 3.5 on diesel on the spot basis and it was Rs 9.0 and Rs 2.6 in that order on quarter-to-date basis.

Liberty Oil Mills, a cooking oil company, has been engaged in refining and trading edible oils, along with manufacturing clarified butter, vegetable oils, fats, and bakery products. With an annual capacity exceeding 650,000 metric tons and six processing facilities with a strong presence in Western India, according to an India Ratings report.

As of now, the GMR Group has not finalised the date for the bond issue. It is in the preliminary stages of discussions with bankers, including HSBC and JP Morgan.

Shriram Finance raised the funds by securitising part of its loan portfolio and then selling it to international investors, with the investors spread across Asia, sources aware of the developments said to ET.

Arvind Kapil is currently the group head mortgage banking business at the bank which includes home loans, loans against property (LAP) and the sales business of the erstwhile Housing Development Finance Corp (HDFC) which was merged with the bank last year.

DBS Bank is considering several startups including in healthcare, technology, and firms using Artificial intelligence (AI) in financial services such as insurance; transportation, logistics and retail, waste management companies and supply chain logistics spaces, Verma said.

The Biyani offer comes just days after creditors had approved a Rs 475-crore bid from Runwal Group for the asset through an auction process, multiple people familiar with the development said.

ET looks at some of the latest stock recommendations by analysts. These stocks are expected to return between 29% and 40% as per analysts’ price targets.

​​Jindal Stainless, JSW Energy, Zydus Wellness, Nuvoco Vistas, and Bharat Wire are among the companies in which promoters have purchased shares from the open market.

The Board of L&T Finance Holdings approved raising of Rs 1.01 lakh crore through issuance of non-convertible debentures in one or more tranches.

Stocks and bonds of Adani companies fell on Monday amid news reports that US prosecutors have widened their probe to investigate whether an Adani company, or people linked to it, including group chairman Gautam Adani, were involved in a pay off to officials in India for "favourable treatment on an energy project".

"India's capex cycle has turned from its FY20 bottom, and should last another five-plus years as the housing and corporate capex cycle play out," it said.

The stock gave a breakout from a Declining Channel resistance on the weekly charts in November 2023 and since then it has been trading in an uptrend. It hit a record high in February 2024 but witnessed mild consolidation. The stock found support above 1500 levels earlier in March and is showing signs of a bounce back.

Wall Street rises on megacap growth stock rally, including Alphabet and Tesla, boosting Nasdaq. Markets reach all-time highs in March, but inflation concerns prompt investors to reevaluate rate cut expectations.

A Rs 2 cut in prices of petrol and diesel per liter on March 15 is likely to reduce gross marketing margins by Rs 1.8-1.9 per litre or 30-45% from the current levels. Before the price cut, the per litre marketing margin was Rs 6.1 on petrol and Rs 3.5 on diesel on the spot basis and it was Rs 9.0 and Rs 2.6 in that order on quarter-to-date basis.

L&T Finance is a leading NBFC, offering a range of financial products and services under the L&T Finance brand. Headquartered in Mumbai, the company has been rated ‘AAA’ — the highest credit rating for NBFCs — by four leading rating agencies.

These 10 stocks have the maximum number of sell calls from analysts, according to Trendlyne data. Take a look:

​Super Micro Computer, which joins the S&P 500 on Monday, enjoys a rare advantage among server makers that are trying to tap the generative AI boom - close ties with Nvidia that help it launch products faster than rivals Dell and Hewlett Packard Enterprise.

​Morgan Stanley raised its Brent oil price forecasts by $10 per barrel to $90 for the third-quarter of 2024, citing tighter supply and demand balances on OPEC+ commitment and Russia's oil production curtailments after recent drone attacks on its refineries.

Nasdaq leads Wall Street gains pre-Fed meeting. Alphabet, Tesla, Nvidia rise. Investors reassess rate cut outlook. Goldman Sachs predicts cuts. Nasdaq resolves issues. Dow, S&P trade higher. Xpeng plans EV brand. Boeing falls, Super Micro joins S&P.

Indian equity indices rebounded from a weak start on Monday, lifted by metal companies on strong China data and block deals in Tata Steel. The S&P BSE Sensex closed 0.14% higher at 72,748, while the NSE Nifty50 index ended above the 22,050 level."The short-term trend of Nifty remains positive with range-bound action. A decisive break below the support of 21,900-21,850 is likely to drag Nifty down to 21,500 levels in a quick period. Any upside bounce from here could encounter a strong hurdle around 22,200 levels," said Nagaraj Shetti, senior technical research analyst at HDFC Securities.