A negative candle was formed on the daily chart, which was placed at the edge of moving below the immediate support of 21,900. The downside breakout of the daily 10/20 period exponential moving average (EMA) and ascending trend line is intact, and the market is finding resistance around 22,200 levels.

The Securities and Exchange Board of India (Sebi) has exempted overseas funds, having more than 50% of their India equity assets under management in a single corporate group, in case the concentrated holdings of the funds are in a listed company with no identified promoter.

ICICI Prudential Life Insurance Co. broke out from a falling trendline, aiming for a target of 689-690. The breakout was backed by support levels, moving averages, an inverse head & shoulder pattern, and bullish indicators. In terms of price action, the stock is trading below 5-DMA but above 20,30,50,100 and 200-DMA on the daily charts.

While they are not under the FMCG category if one looks at the difference between date of manufacturing of a bottle of liquor and the date at which it is being bought for consumption, it is probably lesser than what one would find in typical FMCG products like a shampoo or packet of chips or biscuit. Liquor and breweries are probably the “fastest moving consumer product”. Despite this, the liquor and breweries sector has been plagued by tons of problems and except for a couple of stocks, the street has ignored them.

HDFC Bank commands the highest weight within the Nifty Top 10 index and it has been underperforming since 2020. Even the ratio of HDFC Bank vs Midcaps has reversed the point of polarity zone, implying potential O/P of HDFC Bank. Currently it is building a base above its pre-covid high. With financials likely to be in focus, the brokerage expects catch-up trade in HDFC Bank towards Rs 1,750.(Analyst: Pritesh Mehta, Lead Technical Analyst, Yes Securities)

While they are not under the FMCG category if one looks at the difference between date of manufacturing of a bottle of liquor and the date at which it is being bought for consumption, it is probably lesser than what one would find in typical FMCG products like a shampoo or packet of chips or biscuit. Liquor and breweries are probably the “fastest moving consumer product”. Despite this, the liquor and breweries sector has been plagued by tons of problems and except for a couple of stocks, the street has ignored them.

Five of the top 10 valued firms faced a combined erosion of Rs2,23,660 crore from their market valuation last week, with Reliance Industries and Life Insurance Corporation of India taking the steepest hit amid an overall bearish trend in equities.

Indian market closed the week with a loss of over 2%. S&P BSE Sensex fell more than 450 points, while Nifty50 managed to hold on at 22000. Various sectors experienced buying, with specific stocks like Solar Industries, VIP Industries, and Intellect Design in focus which either hit a fresh 52-week high, or an all-time high or saw a volume or a price breakout.

As the market corrects and stays volatile, one justification which is likely to come to market would be comparing current price multiple of stocks to average price earning multiple it was getting till a few months back and investment case would be made. However, relying solely on the P/E ratio for investment decisions can be misleading, as it may not accurately reflect a stock's true value, particularly in cases where a stock seems inexpensive based on this metric alone. The Price/Earnings to Growth (PEG) ratio emerges as a more refined tool for long-term investments.

It is after a long period of time that both indices and market breadth are indicating that finally there is a correction. Now just because the market is correcting that does not mean that money is not going to come to markets. There are still lots of investors who would be sitting on cash and looking to deploy fresh money. The question is in current market conditions with headwinds getting added to already existing ones like high valuations, what strategy should an investor follow so that fresh money which he is putting in performs relatively better?

A few weeks back, not owning a midcap stocks appeared to sin, but the way markets and specially the mid and smallcap stocks have declined, owning them would appear to be a crime today. But the fact is that neither it was a sin then, nor is it a crime today, it is just a mistake of getting focussed on narrative when the bulls are ruling the Street and getting absorbed in the post facto explanations which come when bears can be seen roaming on the Atreet. The solution probably lies in going back to the basics of investing.

Indian equity indices closed lower on Friday, dragged by financial, auto and IT stocks on concerns about delays in U.S. rate cuts. The S&P BSE Sensex closed 0.62% lower at 72,643, while the NSE Nifty50 index ended below the 22,050 level."The short term and the near-term trend of Nifty remains weak. A decisive move below 21900 could open sharp weakness down to the next lower support of 21500 levels in the near term. Immediate resistance is at 22200 levels," said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.

Indian defence sector stocks excel globally, benefiting from geopolitical risk, domestic manufacturers' rise, and strong order books. The sector shows resilience amidst global market fluctuations and government's increased defense expenditure, positioning for sustainable growth. India's aerospace industry has many legs of growth and Hindustan Aeronautics is the key player in the space.

​Bond fund managers have so much cash they’re turning to the derivatives market to put it to work, pushing down the cost of protection against defaults close to levels that prevailed when central banks were just starting to raise interest rates.

​Financial success is not a hard science. It’s a soft skill, where how you behave is more important than what you know. While everybody is looking at the same stock prices, same charts and has access to the same balance sheets and management commentary, not everybody has the same outcome in their trading and investing journey.

Bonuses at some of the leading companies could range from three to seven months of additional pay, said top executives. Average increments could be in the range of 10-15%, with high performers, especially in technology and product development roles, likely taking home 30-40% more, they said.

Nifty down 2.1% due to selling in various stocks. IT stocks gained. Market to resume with focus on Fed's monetary policy, US Fed's interest rate decision, and other global events impacting trading. Arvinder Singh Nanda says "the broader index to likely face hurdle at 22,250-22,350 in the coming sessions, with support at 21900-21800."

Lok Sabha polls in Maharashtra will be held in five phases on April 19, April 26, May 7, May 13 and May 20, the Election Commission announced on Saturday.

While speaking at India Today Conclave 2024, Rogers said that the Indian economy was in a sweet spot and markets have “immense potential” to grow in the future if the government keeps delivering on its promises.Rogers, known for expertise in commodities such as gold and silver, said that for the first time in his life.

Attributing the selling trends to the spike in US bond yields, expert V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said the trend of rising foreign portfolio investment in India witnessed in the first week of March continued in the second week, too.

Attributing the selling trends to the spike in US bond yields, expert V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said the trend of rising foreign portfolio investment in India witnessed in the first week of March continued in the second week, too.

Recent reports indicate a decline in cement prices, causing a significant correction in cement stocks. However, it's important to consider broader factors before making investment or trading decisions in the cement sector. Despite a temporary price dip, the sector continues to benefit from increased demand driven by infrastructure projects and improved balance sheet quality. This suggests the sector's long-term prospects remain intact despite short-term price fluctuations.

There cannot be any doubt about volatility on the street, both as reflected by advance decline ratio or the kind of movement we see in nifty and other sectoral indices, one day down another day up to third day to fall again. Amid the current market downturn, the key question arises: will this correction phase usher stocks from a state of overvaluation to being reasonably priced? Investors aiming to inject more funds into the market during this realignment should consider focusing on specific stocks that exhibit dual advantages. Firstly, identify stocks from sectors exhibiting robust performance, benefiting from sectoral growth. This means that their business is not volatile. Second, essential financial metrics such as Return on Equity (ROE), Return on Capital Employed (ROCE), and company debt levels should not be overlooked. Combining the two the sectoral tailwinds and individual companies fundamentals is a necessity in times of market correction.

However, the stock has been severely underperforming, returning a negative 12%, 17% and 25%, in the last 1 month, 3 months and 6 months, respectively.

This article brings to light crucial strategies for newcomers in the stock market, emphasizing the power of diversification, patience, and informed decision-making.

There cannot be any doubt about volatility on the street, both as reflected by advance decline ratio or the kind of movement we see in nifty and other sectoral indices, one day down another day up to third day to fall again. Amid the current market downturn, the key question arises: will this correction phase usher stocks from a state of overvaluation to being reasonably priced? Investors aiming to inject more funds into the market during this realignment should consider focusing on specific stocks that exhibit dual advantages. Firstly, identify stocks from sectors exhibiting robust performance, benefiting from sectoral growth. This means that their business is not volatile. Second, essential financial metrics such as Return on Equity (ROE), Return on Capital Employed (ROCE), and company debt levels should not be overlooked. Combining the two the sectoral tailwinds and individual companies fundamentals is a necessity in times of market correction.

However, the stock has been severely underperforming, returning a negative 12%, 17% and 25%, in the last 1 month, 3 months and 6 months, respectively.

Famed financial author and futures & hedge funds expert Jack Schwager defines a stock trader as someone who is as likely to go short as long, and who is willing to change positions with more frequency than someone who might be called a long-term investor.

Even though contributions by Employees’ Provident Fund Organisation (EPFO) account for the majority of assets in ETFs, individual investors have been increasing their allocations in ETFs.

This is a big one! Investing can actually be quite straightforward. There are options available that allow you to get started with just a little money, and you don't need to be a financial expert.

In the large cap segment, 15 companies witnessed significant block deals on the screen which were worth Rs 23,532 crore led by ITC with 3 block counts, totalling to Rs 19,252 crore.

Sebi moved closer to implementing T+0 settlement as the Board approved the launch of a Beta version of optional T+0 settlement for just 25 scrips with a limited set of brokers.

Here's a look at the top 10 Nifty50 stocks where mutual fund houses sold the most shares as of February. (Data: MOSL)

Nifty is down only 2.35% from its all-time high of 22,526. However, when you look beneath the hood you know what’s ailing the market.

Investors last year were happy to pay up for the megacaps, given the companies' solid balance sheets and dominant positions atop their industries. They have been more discriminating this year, punishing the shares of Tesla and Apple when their outlooks turned murky while fueling dizzying gains in Nvidia.

Holders of these bonds, called junior subordinated debt, are among the last to be paid in case of a default and companies can defer interest payments.

Perceived as key beneficiaries of the South Asian nation’s 8%-plus economic growth, shares of smaller firms are seen staging a comeback after a selloff that’s pushed down the Nifty Smallcap 250 Index almost 10% since Feb. 27.

The broader market had outperformed the benchmark indices over the past one year even as there were pockets of concern around the one way rally.

Investors last year were happy to pay up for the megacaps, given the companies' solid balance sheets and dominant positions atop their industries. They have been more discriminating this year, punishing the shares of Tesla and Apple when their outlooks turned murky while fueling dizzying gains in Nvidia.

Here is your week-ahead look at global markets from Rae Wee in Singapore, Lewis Krauskopf in New York and Dhara Ranasinghe, Bill Schomberg and Karin Strohecker in London.

El Salvador's President Nayib Bukele said Thursday that his country has stored more than $400 million in bitcoin in an offline "cold wallet" as the cryptocurrency forges new record highs. The cold wallet protects cryptocurrency investments by keeping them offline to prevent hacking attacks.

Holders of these bonds, called junior subordinated debt, are among the last to be paid in case of a default and companies can defer interest payments.

Perceived as key beneficiaries of the South Asian nation’s 8%-plus economic growth, shares of smaller firms are seen staging a comeback after a selloff that’s pushed down the Nifty Smallcap 250 Index almost 10% since Feb. 27.

Investigators are digging into whether an Adani entity, or people linked to the company including Gautam Adani, were involved in paying officials in India for favorable treatment on an energy project, said the people, who asked not to be identified discussing the confidential effort. The probe, which is also looking at Indian renewable energy company Azure Power Global Ltd., is being handled by the US Attorney’s Office for the Eastern District of New York and the Justice Department’s fraud unit in Washington, said people familiar with the matter.

Shares of Adobe dropped 13.7%, a day after it forecast second-quarter revenue below analysts' estimates, citing competition and weak demand for its artificial intelligence-integrated photography, illustration and video.

The Securities and Exchange Board of India (SEBI) said that same day settlement, or T+0, would be launched for only 25 stocks and with a limited set of brokers to test the efficacy of a shorter settlement cycle.

Muthoot Microfin, a part of Muthoot Pappachan Group, provides financial assistance through income-generating microloans to women engaged in small businesses such as tailoring, vegetable vending and running tea-shop, among others. The lender has 3.28 million active customers served through 1,424 branches spread across 18 states at present.

Sebi will continue to do further stakeholder consultation, including with the users of the Beta version. The progress will be reviewed at the end of three months and six months, after which further course of action will be decided, Sebi said in a release.

The Reserve Bank of India has instructed banks and other financial intermediaries to address shortcomings in their customer grievance systems and ensure equitable pricing of their products and services, along with maintaining transparency in customer dealings and preventing mis-selling.

"The investors in the markets are worried after the corrections seen this week," said Sandeep Raina, Executive VP- Research, Nuvama Professional Client Group. "Although there is no actual change in the markets after yesterday's up move and the corrections."