In India, there is history to all the major regulatory overhauls. It is a scam which brings in a crisis and that makes our regulators rework on the operating guidelines for that sector. Right from 1992 Harshad Mehta scam, which gave SEBI its teeth, in 2000 it was Ketan parekh scam which brought in major changes on trading instruments and how trades are settled. After the NBFC crisis in 2018. Regulatory changes happened across the board in the financial sector. Whether it was NBFC or bank space, the post NBFC crisis made life tough for all players. But after all the mayhem, things have turned out better for some.

Under the merger deal, all RIL shareholders, as of the record date of 20 July, will earn one share of Jio Financial Services (JFSL) for every RIL share they own. Investors, therefore, have time till 19 July to buy RIL shares to be eligible for getting JFSL shares.

Morgan Stanley said that a dent in discretionary consumption on the back of high gold prices will likely lead to a near-term setback for Titan. It said that the growth momentum is expected to slow down a bit for the maker of watches and eyewear over the next couple of quarters.

The IPO, which comprised a fresh equity issue of Rs 240 crore and an offer for sale (OFS) of 48.6 lakh shares, was subscribed over 100 times on strong institutional and retail interest.

The demerger will unlock value for the 36 lakh-strong shareholder base of RIL, India's largest company by market capitalisation. As part of the plan, RIL shareholders will get one share of Jio Financial for every share they own of RIL. The stock is already up 13% in the last three months.

Asia's biggest stock exchange BSE has launched new logo on its 149th foundation day.

It's Q1 season, and a lot of companies are coming up with their Q1 updates. Take a look at some big names and their business updates for Q1. Watch!

The underlying presumption is that recession in the US/AEs will be avoided with an automatic glide of current high inflation towards their respective inflation targets thereby leading to the resumption of QEs and rate cuts.

The dividend payout will be 350% on the face value of Rs 2 per equity share for the financial year 2023-24, the exchange filing said. The record date for the purpose of payment of the interim dividend will be Saturday, July 15, 2023.

The IPO, which comprised a fresh equity issue of Rs 240 crore and an offer for sale (OFS) of 48.6 lakh shares, was subscribed over 100 times on strong institutional and retail interest.

The airline had also recently informed about entering into a settlement agreement with Nordic Aviation Capital (NAC), a major lessor for its Q400 aircraft, where it settled all past liabilities for the Q400s planes leased by NAC to SpiceJet. The airline presently operates five Q400 aircraft from NAC in its fleet.

The demerger will unlock value for the 36 lakh-strong shareholder base of RIL, India's largest company by market capitalisation. As part of the plan, RIL shareholders will get one share of Jio Financial for every share they own of RIL. The stock is already up 13% in the last three months.

Morgan Stanley downgraded Titan Company to Equal Weight with a target price of Rs 3207. The outperformance is likely to see a temporary pause. High gold prices are likely to impact discretionary consumption. The business growth momentum is likely to slow down a bit in the next couple of quarters.

After a positive run last week, equity markets will take cues from first quarter earnings with TCS and HCL Tech set to announce their results in the week. Further, macro data will also dictate the market going forward. Here are four technical picks from analysts that can offer gains up to 19%

After a short correction, indices are back on the upmove. Select stock are showing bullish signs.

The stock gave a breakout from a swing high of Rs 9,800 earlier in July 223 to hit a fresh record high of Rs 10,036 on 5th July 2023, but investors preferred to book profits post the breakout which pushed the stock below Rs 9,900 level.

After a positive run last week, equity markets will take cues from first quarter earnings with TCS and HCL Tech set to announce their results in the week. Further, macro data will also dictate the market going forward. Here are four technical picks from analysts that can offer gains up to 19%

A bearish reversal scan on the candlestick screener can help ascertain stocks that can slip downwards from an upward zone. So, here are 3 stocks that established a Hanging Man pattern on Friday and signal a bearish reversal. (Source: StockEdge)

RIL stock is approaching its 52-week high of Rs 2,755 on the NSE and is just under 2% shy of the mark. RIL shares were also the most active on the exchanges and triggered the gains in the frontline indices S&P BSE Sensex and Nifty50.

Integrated electronic manufacturing services provider Cyient DLM made a strong debut on the stock exchanges, with shares listing at a premium of 52% over the IPO issue price of Rs 265 on NSE. The company's IPO received a massive response from investors with an overall subscription at 71.3 times. Cyient DLM will use the net proceeds from the issue to fund incremental working capital requirements, capital expenditure, repayment of debt and other general corporate purposes.

From the Sensex pack, Nestle, HDFC Bank, HUL, Reliance, HDFC, and Tata Steel traded with gains, while UltraTech Cement Maruti, Power Grid, Axis Bank, and Bajaj Finance witnessed some losses.

Sensex jumps 200 points, Nifty nears 19,400; Sula Vineyards gains 3%, RIL 2%; PNB, IOC, Tata Motors are some of the gainers in the morning trade.

The Future & Options contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.

GIFT Nifty on the NSE IX traded 20.5 points, or 0.11 per cent, lower at 19,437.50, signaling that Dalal Street was headed for negative start on Monday. Here's a slew of stocks that will be in focus today for various reasons.

On the candlestick screener, a bullish reversal pattern helps identify stocks that can convert into an uptrend from a downward zone. So, here are 4 stocks with m-cap between Rs 1000-10,000 crore that have established an Inverted Hammer pattern and hint at a bullish reversal. (Source: StockEdge)

On the weekly options front, the maximum Call OI is placed at 19400 and then towards 19500 strikes while the maximum Put OI is placed at 19400 and then towards 19300 strikes. Call writing is seen at 19400 then 19500 strike while Put writing is seen at 19200 then 19000 strike.

ET Now spoke to various experts and here's what they have to recommend for today's trading session. Kunal Bothra has a buy/sell recommendation on Zee Ent and SBI while Nooresh Merani has a buy/sell recommendation on Bosch and Titan for today's trading session. Check out the targets and stoploss.

In the NSE list of stocks with a market cap of over Rs 10,000 crore, we have collated a list of seven stocks that witnessed a 5-year swing high at the close on July 7, suggesting bullishness in counters, according to stockedge.com's technical scan data. Take a look.A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond. This occurrence may be seen as a bullish sign, indicating the potential for further upward movement in the stock.However, it's worth noting that this is different from a 5-year breakout, which occurs when a stock's price surpasses a key resistance level that has held for five years.

The counter has witnessed a breakdown of the head and shoulders formation on the daily chart with huge volume. The overall structure of the counter has become distorted as it trades below its important moving averages (200, 50, 20, and 9 SMA).

In May, SpiceJet clarified and assured investors that it has no plans of filing for insolvency even as it faces a financial crunch. “There is absolutely no question of filing for insolvency. Any rumours regarding the same is completely baseless. We are focussed firmly on reviving our grounded fleet and getting more and more planes back into the air,” Ajay Singh, Chairman and Managing Director, was quoted as saying in a media release.

Five stock with a market cap of over Rs 500 crore crossed above their 200 DMAs (Daily Moving Averages) on July 7, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

In the NSE list of stocks, eight stocks with a market cap of over Rs 1000 crore are witnessing Golden Crossovers, according to stockedge.com's technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks' 50-day simple moving averages (SMA) crossed their 200-day SMAs on July 7.

The jump in developed world yields caused ripples in currency markets, particularly in carry trades where investors borrow yen at super-low rates to invest in high yielding emerging market currencies. The net result was a rush to close yen short positions which saw the Japanese currency rally across the board last week. The dollar was last sitting at 142.30 yen, after sliding 1.3% on Friday, while the euro held at 155.96 yen. The single currency was firm on the dollar at $1.0962.

"Going forward, markets are likely to sustain the current momentum, as stock-specific action will pick up with the onset of the Q1FY24 earning season," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

"The base is gradually shifting higher from the last 5 months. This stock price has given a fresh breakout on weekly frame and any small dips are being converted into buying opportunity," Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd, said.

Suzlon Energy Ltd on Friday said its board has approved a proposal to raise up to Rs 2,000 crore. The company will explore various financial routes to raise the amount.

In their June quarter review, Dabur, Godrej Consumer Products and Adani Wilmar said sales volume growth improved due to a further drop in product prices and stability in demand.

If the discussions on Mahindra Electric Automobile do lead to a favourable conclusion, the British development financier will be making its second-round investment in the Indian conglomerate. The deal valuation is likely to be worth 10-15% more than the previous round of funding, which had valued Mahindra's EV subsidiary at ₹70,070 crore ($9.1 billion), said one of the sources.

Adani Capital's management - led by former Lehman Brothers and Macquarie investment banker Gaurav Gupta, who joined the conglomerate in 2016 - owns around 10% of the company. Promoters own nearly 90%, which is up for grabs.

The mortgage lender, which is part of the Shriram Group, has raised the fund from Canara Bank's London branch at 200 basis points over Secured Overnight Financing Rate (SOFR), a company official said. The fund was raised for three years. The overall cost with one-year hedging cost has come around 8.4%, the official said. This is in line with the company's average borrowing cost of 8.5%. One basis point is 0.01 percentage point.

Rare ARC has offered an upfront payment of ₹68 crore for a total loan of ₹110.4 crore, equating to a recovery of 62% for the private lender. The binding offer by Rare ARC has triggered a Swiss challenge auction. Coffee Day Global is a subsidiary of listed Coffee Day Enterprises, promoted by the late VG Siddhartha, who committed suicide in 2019 that shocked many in the business community.

​Nifty had a strong 800-point rally in the last eight trading sessions, making an all-time high of 19,523. In the shorter time frame, momentum indicators show overbought signs, and FII index long positions have also reached 73%.

The Mumbai Police may approach India's Securities and Exchange Board to enquire about the former Forward Markets Commission chairman Ramesh Abhishek's role in the 10-year-old ₹5600 crore National Spot Exchange payment crisis. The police are seeking to establish if the capital-markets regulator's investigation revealed any alleged act of deliberate omission, commission, or negligence on Abhishek's behalf.

The stock rose from Rs 272 recorded on June 30th, 2023, to Rs 310 on 6th July 2023, an upside of nearly 14% in a week. The power stock, with a m-cap of more than Rs 50,000 crore, hit a 52-week high of Rs 369 on 5th September 2022 but failed to hold on to the momentum.

Adani Enterprises Ltd, the group's flagship firm, plans to raise Rs 12,500 crore through share sale to investors while electricity transmission company Adani Transmission another Rs 8,500 crore. Its renewable energy firm plans to raise Rs 12,300 crore

Reliance Industries and ITC were the major gainers as six of the top-10 most valued companies added INR 119,763.25 crore ($16.08bn) last week in India, buoyed by a positive trend in domestic equities. Reliance Industries added INR 57,338.56 crore, while ITC added INR 21,291.04 crore. Meanwhile, HDFC Bank lost its market capitalisation by INR 22,926.37 crore ($3.07bn).

Infosys is down 11% this year, Wipro 1%, while TCS has risen only 1%. Tech Mahindra, HCL Tech, and MindTree have managed to gain between 11-19%, but interestingly, their upside seems dwarf in front of high double-digits to multibagger returns offered by some Tier-2 IT companies.

Benchmark stock indices Sensex declined by 505 points on Friday, while Nifty settled lower at the 19,330 level due to profit-taking in financial, IT, and oil shares after a record-breaking run and weak global trends. Ending its eight-day winning streak, the broader Nifty of the NSE declined by 165.50 or 0.85 per cent to settle at 19,331.80. As many as 44 Nifty shares declined while six gained.“The Nifty experienced a significant decline after failing to maintain its position above 19500. This drop led to the index falling below the 21EMA on the hourly chart, indicating an increasing bearish sentiment in the market. Furthermore, the hourly RSI has shown a bearish crossover, adding to the negative outlook. The immediate support level is identified at 19300, while the resistance level remains at 19500,” Rupak De, Senior Technical analyst at LKP Securities, said.Here are stock recommendations for Monday:

Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities, said that FPIs may take some money off the table to maintain caution as concerns over interest rate hikes by the US Federal Reserve in July once again come up.

As far as the deposit is concerned, he said, "we hope to grow the liability side by 10 per cent during current financial year." Asked about the resource mobilisation plan of the bank, he said, Capital Adequacy Ratio of the bank stood at 16.28 per cent in March 2023 and this should be enough to take care of loan growth during the year.