Aditya Birla Group plans to consolidate its non-banking finance companies (NBFCs) to create better synergies and ensure optimal utilisation of resources and greater economies of scale, following approval by the National Company Law Tribunal (NCLT).

Diamond houses in India are facing scrutiny under the new sanctions regime that began on March 1 to block Russian gems from affluent western markets. The Gem & Jewellery Export Promotion Council (GJEPC) has circulated guidelines and formats of self-declarations that diamond firms shipping to the US and EU must share with their buyers to avoid trouble.

GMR Highways has raised ₹700 crore debt from foreign portfolio investors Zeal Global Opportunities Fund and Nova Global Opportunities Fund to prepay loans raised from Yes Bank. Both invested ₹350 crore each in secured, unlisted, and unrated bonds of GMR Highways maturing on February 20, 2028. The bonds have been issued at 14% per annum for 48 months, with the company pledging 100% of its equity shares and providing a corporate guarantee.

Avenue Capital-backed Asset Reconstruction Company (India) has bought nearly ₹400 crore worth of bad loans or non-performing assets (NPAs) from Saraswat Bank, resulting in an 86% haircut. The bank sold the NPA portfolio, including retail and MSME loans, as a clean-up for future growth capital.

BSE shares, which are listed on the National Stock Exchange, closed at ₹2352.45 on Saturday. The stock hit an all-time high of ₹2,598.95 on February 5. BSE shares' 430% gains in the past year far exceeds the 35% upmove in US-based Intercontinental Exchange (ICE), the second-best performer in the pack

​Nifty managed to hold 21,800 and recorded a fresh all-time high of 22,463. The index has retraced the past five sessions’ decline in just a single session, highlighting faster retracement that makes us expect it to head towards 22,700. In the process, we expect large-caps to relatively outperform the broader market as the ratio of Nifty vs Nifty 500 has bottomed out around 1 level.

As part of its debt repayment strategy, Goswami Infratech has floated a plan to repay debenture holders with ₹7,000 crore, leveraging the monetisation of Afcons Infrastructure, according to a consent note sent to existing holders of 18.75% bond maturing in June 2026.

Patel Engineering, in collaboration with its joint venture partner, has been awarded the letter of acceptance (LOA) by the Irrigation & CAD Department, Government of Telangana for a contract valued at Rs 525.36 crore.

Leading FMCG companies such as HUL, Dabur and Britannia have in the past passed on the increase in raw material costs to the consumer by selectively reducing the grammage of their products.

Astral, in the capital goods industry, broke out from a 7-8 month consolidation, rallying over 10%. It reached a fresh record high and the indicators suggest further upside potential.

Last week two noticeable things happened in the market, first a sharp correction in mid-cap stocks and then on Friday sudden sharp recovery which was led by large cap stocks. To some it might appear what is noticeable in this ? This has happened many times in the last one year. The only difference is that it happened in the backdrop of the fact that even regulators are getting worried about what is happening to mid and small cap space and there has been an advisory. To the uninitiated, regulatory advisory tends to work in equity markets. This essentially means the probability of higher incremental flows to large cap stocks. Second, the kind of stocks which led the up move on Friday, it appears Nifty may do some catching up with mid and small cap indices in coming months. We take a look at stocks where even in large cap space, the broader financial matrix is better placed and sectors have one or the other tailwinds. This is not to say that if these stocks cannot see a correction, only higher probability of outperforming in strong correction. Yes, only higher probability.

When it came to investing on the basis of high dividend yield, it was the PSU stocks which topped the list. But then came the rally in the PSU space and it was not about dividend yield but capital gains. But the fact is that dividend yield is a cushion which will act as cushion as investors chase capital gains. A stock which is currently available at dividend yield close to 5 percent, is not bad for an investor who is keen to have some margin of safety at a time when valuations are extremely high. The reason is, when a correction takes place and the dividend yield of these particular stocks goes above 7 % there is a high probability that there would be some institutional investors who would pick it up again for dividend yield more than anything else.

Benchmark indices hit record highs on Friday after India's GDP showed higher-than-expected growth. Analysts expect the ongoing momentum to continue while taking cues from a fresh set of economic data next week.Here are 4 stock recommendations for Monday

The Indian market closed at a record high on Friday tracking positive global cues. Benchmark indices hit their fresh record high, logging gains of over 1.5% each.

The robust 8.4% real GDP growth print for 3Q contrasts the grim reality of household consumption and income situation. The latest national expenditure survey (2022-23), released after a lag of 11 years shows real consumption grew modestly at 3% over the past 11 years and the PLFS data indicates flat real incomes over the past four years. Also, most consumer companies have shown a lackluster demand situation.

So far, most of the companies in India were incubated by a set of controlling shareholders who continued to have a controlling stake and to control the board inspite of going public.

The looming deadline to invest in tax-saving instruments can cause several investors to make desperate last-minute tax-saving attempts.

Leading the pack in terms of revenue and profit growth for the quarter ended December are the internet software and services, realty, and consumer electronics industries. Zomato and PB Fintech drove the growth of internet companies. Key contributors to the realty sector's performance included Macrotech Developers, Phoenix Mills, and Brigade Enterprises. On the flip side, Chemical stocks struggled. Take a look (Source: Trendlyne)

​Nifty ended with weekly gains of 0.75% with leadership taken by banks, auto and metals. When markets resume trading on Monday, a host of important domestic and global events lined up during the holiday-shortened week are likely to impact them.

Indian headline indices, S&P BSE Sensex and Nifty, ended higher. Tata Steel, ITC, and Tata Motors were the top contributors. Nifty Media, Nifty Metal, and Nifty Consumer Durables were the top gainers. Various other stocks and sectors also performed well.

Stock market investors can enjoy some long weekends in March 2024 as Indian stock exchanges, BSE and NSE, will remain closed on three specific dates this month apart from eight regular holidays due to weekends. Here’s the list:

Despite a strong closing on Friday, the markets continue to face the same resistance levels that they had during the previous week. Going by the Options data, the resistance levels have shifted slightly higher. However, despite a fresh high, the markets are slated to consolidate once again at current or higher levels.

Despite high US bond yields, FIIs invested Rs 1,539 crore in February. Market impact is low. Mutual funds, HNIs, and retail investors dominate. FIIs may sell but not aggressively. Debt investment by FIIs is increasing. DIIs and derivative rollover data show interesting trends.

Global economic conditions: Economic growth, inflation, and interest rates significantly influence the demand for safe-haven assets like gold.

Stock market investors can enjoy some long weekends in March 2024 as Indian stock exchanges, BSE and NSE, will remain closed on three specific dates this month apart from eight regular holidays due to weekends. Here’s the list:

For all the investors who have been focussing on the midcap segment, this was a week of reality check. The way midcap stock tumbled and the way market breadth panned out it was just a reminder of two things, never ignore valuations and secondly however good the stock might be when the correction takes place, even the best of the stocks can decline sharply. For all those investors whose portfolio is titled in favor of the mid-caps need to do two things in current market conditions. First, don't extrapolate what has happened in the last one quarter to the mid caps stocks. The reason: there might be some change in the ways the flows are coming to midcap funds due to recent SEBI advisory through AMFI to fund houses. Second, which is more important, be careful when taking fresh exposure to this segment of the market and apply checks and balances.

“Japan's Nikkei approached a lifetime high, nearly reaching 40,000, while the US markets saw the Nasdaq hit a lifetime high for the first time since November 21st, and the S&P 500 continued to set new records.”

Regulatory filings show Devgn's name among 9 investors who invested a total of Rs 24.66 crore in the preferential share allotment. The Bollywood star's investment is worth about Rs 2.74 crore and the purchasing price comes to about Rs 274 per share — a significant discount to Saturday's closing price of Rs 949 per share on the BSE.

For the first four trading sessions of the week, it appeared that bears are finally waking up but then on Friday, it was bulls all over the street again. Better than expected GDP numbers, and high GST collections, probably were the trigger point for the bulls to once again stay in control. While it might be too early to say, there is a possibility that the market's may see a more bullishness in nifty than broader market breadth. Essentially, the probability of a selective correction which is essentially led by the profit booking continues to be high. At this time if one is looking to increase exposure, it would be better that they should look for stocks where there are some improvements in the business operating matrix that tend to weather the storm better. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

Thanks to advancements in technology, improvements in the standard of living, a surge in disposable income, and a general upswing in interest, financial awareness has become a prevalent topic of discussion recently.

Eminent value investor Tom Gayner says achieving long-term investment success is indeed a challenge, as it requires both skill and wisdom that are difficult to attain easily. And a large part of it involves managing egos and temperament!Successful investing requires one to constantly change, learn and adapt to new techniques and technological forces, and know what not to change. It also involves the acceptance of personal responsibility for outcomes that cannot be controlled, which is often not an attractive position to accept, he says.

Indian headline indices, S&P BSE Sensex and Nifty, ended higher. Tata Steel, ITC, and Tata Motors were the top contributors. Nifty Media, Nifty Metal, and Nifty Consumer Durables were the top gainers. Various other stocks and sectors also performed well.

The Intelligent Investor is the one who knows when to take risks and buy shares when there is pessimism…and avoid risk and sell shares when there is optimism.

Tata Steel shares have delivered over 40% returns in the past 12 months, outperforming the Nifty which has given returns of 29% during this period. It is currently trading above its 50-day and 200-day simple moving averages (SMAs).

Budget time is an occasion for political rhetoric and every administration capitalizes on it to the hilt. As to be expected, much of the Budget speech generally gets unproductively squandered on the political outwitting. The latest interim budget was no exception to this rule. But looking beyond that, one does see a powerful pattern that connects to the previous Budgets.

Algo trading is nothing but a series of commands defined by experts to execute a buy/sell order with predefined conditions. As we know, the prices of financial instruments like stocks, forex, and commodities fluctuate in fractions of a second.

The company in its filing to the exchanges said that Google's decision comes as a surprise since this action was taken without giving due and sufficient notice to Info Edge.

After the merger becomes effective, all shareholders of Cohance will be issued shares of Suven at the ratio of 11 shares of Suven for every 295 shares of Cohance, based on the swap ratio. The new shares of Suven will be traded on the NSE and BSE.

Indian headline indices opened positively, with S&P BSE Sensex up by 0.17% and Nifty higher by 0.24%. Stock exchanges BSE and NSE kept the market open for a special trading session to test the system's preparation. Top gainers were Hero MotoCorp, Divi's Laboratories, Apollo Hospitals, Tata Steel, and Wipro.

Indian headline indices opened positively, with S&P BSE Sensex up by 0.17% and Nifty higher by 0.24%. Stock exchanges BSE and NSE kept the market open for a special trading session to test the system's preparation. Top gainers were Hero MotoCorp, Divi's Laboratories, Apollo Hospitals, Tata Steel, and Wipro.

Of the 74 stocks that gave double-digit returns, 14 belonged to the public sector space. The gains in these stocks come when Sensex saw marginal 1% rise in February amid high volatility.

In the recent past, the stock rally faded away to an extent and returned 13% to investors in the last six months. The past three months saw the shares rising by 9%.

Value stocks, typically defined as companies trading at a discount on metrics such as book value or price-to-earnings, have largely been left behind as AI put a charge into their growth-focused peers.

Jio Financial has been added to BSE Allcap and LargeMidcap indices in a major rejig. The changes will be effective from March 18.​

Benchmark indices hit record highs fueled by economic growth. JSW Steel, Tata Investment, and Tata Chemicals performed well. Tata Investment has broken out of a Flag formation, while Tata Chemicals has shown a recovery. MACD and RSI indicators support Tata Investment's structure.

This is happening for the second time in the calendar year 2024 and today's session will not be a mock trading session. The special session is part of the framework for the Business Continuity Plan (BCP) and Disaster Recovery Site (DRS) for stock exchanges and depositories and would involve intraday switchover to the Disaster Recovery site.

On Thursday, Conagra announced the sale of a 51.8% stake in Agro Tech at ₹515 per share, despite the market price being above ₹1,000 apiece. The mandatory open offer of 26% to the public shareholders was set at ₹578 apiece, representing a discount of 43% from Thursday's closing price and a discount of 17% from the average price of the stock over the past year. The stock locked in a 20% lower circuit on Friday to close at ₹804.15.

Jio Financial has been added to BSE Allcap and LargeMidcap indices in a major rejig. The changes will be effective from March 18.​

The S&P 500 energy sector was the top sectoral performer with a 1.1% rise, as crude prices got a lift. "Now that we've gotten through the PCE (report), investors are willing to sit on the sidelines a little bit today," said Paul Nolte, senior wealth advisor and market strategist for Murphy & Sylvest.

​ Dell Technologies surged 25% to hit a record high on Friday, following an upbeat annual forecast that indicated the tech equipment maker was also benefiting from the AI boom.