GPT Healthcare's IPO debuted with a 16.2% premium. It raised Rs 525 crore for prepayment/repayment of borrowings. The company operates four multispecialty hospitals. Revenue grew at 53.87% CAGR. Three-month total income was Rs 97.63 crore, net profit was Rs 9.98 crore.

Having decades of experience in the pumping industry and fetching a dominant position in the domestic solar pumping industry, the company also holds a 40% market share in the PM-KUSUM scheme, the government’s visionary program to embrace solar power for the agriculture sector.

​Brokerage firm Axis Capital initiated coverage on RBL Bank with an add rating, Jefferies maintained a buy on RIL, UBS upgraded Gujarat Gas to neutral and UBS maintained a buy rating on Zomato.

A host of brokerage firms, including global and domestic, have initiated coverage on several stocks. They are bullish on these companies, which include Shriram Finance, Apeejay Surrendra Park Hotels, Ugro Capital, and Mamaearth, with a targeted upside of up to 34%. Here is a list of 7 stocks on which brokerages initiated coverage:

This time around, the election has gained prominence in light of India’s rising importance in geopolitics, its leading position in emerging markets, and the government’s aspiration to make India the world’s third largest economy from the current fifth position.

Nifty traded in a narrow range in the morning session but closed with a loss.

The personal consumption expenditures (PCE) price index, the Fed's preferred inflation gauge, is expected to show prices ticked 0.3% higher on a monthly basis in January.

In its order, the capital market regulator noted that the prima facie findings that Brightcom Group had funded its own preferential allotments and had indulged in round tripping of funds continue to sustain.

The regulator has, in a communication sent to Association of Mutual Funds in India (AMFI) on Tuesday evening, asked fund houses to list the steps they are taking to protect investors in such schemes in next 21 days, said two people in the know.

The lender is likely to report a higher growth of 15-16% in the assets under management (AUM) for FY25 from around 12-13% currently. Addition of new distribution channels including developer tie-ups is expected to improve loan demand.

ICICI Bank has sanctioned Rs 500 crore debt facilities to Aditya Birla group's Novel Jewels for its upcoming jewellery retail stores in the next quarter. The promoter companies infused ₹290 crore in the company last year. ICICI Bank sanctioned ₹450 crore as a working capital loan and ₹50 crore as a term loan.

Tata Group-owned Air India refinanced short-term loans with SBI and Bank of Baroda for three years. The Rs 19,000 crore term loan will finance working capital needs and aircraft fleet upgrades. The conglomerate's strong credit profile enabled access to funding for the national carrier.

According to the exchange's communication on Wednesday, Shriram Finance was included due to the highest six-month average free-float market capitalisation within the eligible universe.

The fund plans to provide a $150 million mezzanine debt facility at 18-20% and arrange another $300 million from other lenders to finance the acquisition, said a person in the know. "The funding cost could vary by the instrument where the blend-in cost could be 14-15%," he added.

Shriram Finance Ltd will replace UPL Ltd in benchmark Nifty 50 index with effect from March 28, the National Stock Exchange said on Wednesday.

"The profit taking has been broad based amid softer global cues," said Pankaj Pandey, head of research at ICICI Securities. "Nifty is also struggling to cross the psychological levels of 22,000 due to lack of near-term triggers."

The Nifty is trading at a PE of 22.95 its trailing 12-month earnings, whereas the Nifty Midcap100 and Nifty Smallcap 100 indices are trading at PE of 36 and 27 times, respectively.

Computer Age Management Services (CAMS), a part of the financial services industry, gave a breakout and hit a fresh 52-week high. Traders can buy on dips with a target above 3,600 levels, as the stock is trading well above moving averages and showing bullish indicators.

The lender is likely to report a higher growth of 15-16% in the assets under management (AUM) for FY25 from around 12-13% currently. Addition of new distribution channels including developer tie-ups is expected to improve loan demand.

About 37.6% of the company's free float, or shares worth $172.6 million, were shorted as of Monday, according to data and analytics firm Ortex. Bearish investors have lost $93 million on paper since Tuesday's close. Beyond Meat was also the most shorted U.S. stock after COVID-19 vaccine maker Novavax, as per a report from S&P Global Market Intelligence this week.

Evidence of sticky inflation, a robust U.S. economy and pushback from some Fed officials have already led traders to delay bets of the first interest rate cut to June from March.

​Bumble shares fell about 5% on Wednesday after its downbeat quarterly revenue forecast underscored the need for a revamp of the dating-app experience to attract newer generations seeking companionship.

Nifty50 posted its biggest drop in five weeks on Wednesday as investors booked profits ahead of key US and domestic economic data. The S&P BSE Sensex closed 1.08% lower at 72,305, while the NSE Nifty50 index ended below the 22,000 level."Observing the daily chart, the index has been navigating within a rising channel. A decline below 21,950 could potentially trigger a correction towards 21,800 in the near term. Conversely, a sustained trade above 21,950 might spur a recovery in the index towards 22,100," Rupak De of LKP Securities said.

The Dow Jones Industrial Average fell 34.33 points, or 0.09%, at the open to 38,938.08.

Tata Motors has been trending to new highs almost each month last year, but now it seems that technical parameters are stretched. Today, we have got a spinning candle and the price is showing a negative divergence with RSI.

Shriram Finance has been included in Nifty50 index as it has the highest 6-month average free-float market capitalization within the eligible universe as a replacement to UPL Ltd, the bourse said.

The regulator has modified its directive against chief financial officer Narayan Raju by restraining him from holding the position of a director or a key managerial person only in Brightcom Group and its subsidiaries.

The deal, which has been in the works for months, will create a media behemoth across TV broadcasting, streaming, movies and sports.

Sebi proposes to exempt enhanced reporting requirements for some funds with concentrated holdings in entities with no identified promoter group, where there is no risk of breach of minimum public shareholding (MPS). The other proposal is to exempt Category-I University Funds and University-related Endowments FPI that meet certain objective criteria from the requirement of enhanced disclosures.

According to domestic brokerage firm Prabhudas Lilladher, these 8 mid & smallcap stock picks can rally up to 26% in 1-2 years.

Observing the daily chart, the index has been navigating within a rising channel. A decline below 21,950 could potentially trigger a correction towards 21,800 in the near term.

Long unwinding refers to selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Wednesday's trading session, four stocks witnessed a top long unwinding. Here's the list:

The shares of GPT Healthcare will debut on the exchanges on Thursday. Ahead of the listing, the company's shares are trading with a premium of Rs 17 in the unlisted market.

Nifty and Sensex fell below key levels. Technical analysts believe a breakout below 22,000 could trigger a downward move. FIIs have turned buyers despite high US bond yields. Sebi asks mutual funds to disclose risks and liquidity measures. Traders await US PCE data for Fed rate hike clues.

In a letter to AMFI, Sebi said in the context of froth building up in small and midcap segments of the market and the continuing flows in the small and midcap schemes of mutual funds, trustees, in consultation with Unitholder Protection Committees of AMCs, shall ensure that a policy is put in place to protect the interest of all investors.

KKR & Co. is reportedly considering selling its 53.8% controlling stake in Indian pharmaceutical company JB Chemicals & Pharmaceuticals Ltd. The US private equity firm is said to be exploring options and seeking financial advisers for a potential sale, with other buyout firms and industry players expressing preliminary interest. JB Pharma's shares have seen a 68% increase in the past year, valuing the company at just over $3 billion.

On a day when the majority of the stocks are trading with a cut, one set of stocks which have been able to log in gains has been from a space which cannot be very clearly defined. The reason, what would you call a company which makes both, water geysers , and electrical wires, a white goods or electrical goods company.From the year 2015 to 2020, companies with strong brands in different sectors which were considered as commodity plays got re-rated by the street. The expansion in price earnings multiples of these companies led to big wealth creation.For the last more close to four years, with some more companies getting listed in the same sector and some headwinds emerging we saw these companies consolidating between a very broad range. Is the phase of valuation readjustment over, probably a time to get them on the watch list.

In a letter to AMFI, Sebi said in the context of froth building up in small and midcap segments of the market and the continuing flows in the small and midcap schemes of mutual funds, trustees, in consultation with Unitholder Protection Committees of AMCs, shall ensure that a policy is put in place to protect the interest of all investors.

As per the documents, Finsider International UK, a company ultimately held by Anil Agarwal’s Volcan Investments, has pledged 1.3 billion shares or its entire shareholding in Vedanta Holdings Mauritius II Limited as security for a $1.25 billion loan that Standard Chartered Bank arranged for Vedanta Resources Limited, the group’s parent.

It is day like today when all the indices are trading in red and the leading the fall are mid and small-cap indices, and market breadth is extremely that a large number of investor look at their phones to check how is their portfolio doing, In all probability a large majority finds the decline in their portfolio is more than what Nifty has suffered and that where the doubt and question come to mind. Now two things, especially for those who have turned bulls in the last few months. First nifty or for that matter any indices have nothing to do with your portfolio, so stop comparing them. Second, do a review of your portfolio and ask yourself one simple question: why did I buy this particular stock? Was it friendly neighborhood advice or was it because there was something positive happening in the company or the industry in which this stock belongs? The answer to this question is the key to whether one should stay invested or sell the stock.

The Nifty opened weak but pushed through to end with a gain.

​Capital markets regulator Sebi on Wednesday proposed relaxing rules for certain Foreign Portfolio Investors (FPIs) from enhanced disclosure requirements in a bid to promote ease of doing business.

Nifty and Sensex fell below key levels. Technical analysts believe a breakout below 22,000 could trigger a downward move. FIIs have turned buyers despite high US bond yields. Sebi asks mutual funds to disclose risks and liquidity measures. Traders await US PCE data for Fed rate hike clues.

Goldman Sachs India publicly holds 37 stocks with a net worth of over Rs 5,077 crore as per the latest corporate shareholdings data. Their portfolio value rose 24% to Rs 5155.44 crore for the quarter ended December. Let's take a look at the top stocks where this FII investor picked up a fresh stake recently (Source: Trendlyne)

The shares of Juniper Hotels listed at a premium of 1.4% on the exchanges. The stock debuted at Rs 365 on NSE against an issue price of Rs 360. Meanwhile, the stock debuted at Rs 361.2, up 0.3% on BSE.

Indian shares declined on Wednesday, dragged by energy companies and public sector banks and as investors booked profits ahead of key U.S. and domestic economic data. However, in today's trade, six Nifty50 index stocks hit a new 52-week high. Here's a list:

JM said that Kaynes was on a journey of value addition with significant expansion of its PCBA business across various high-margin sectors. It achieved a "remarkable" order book CAGR of 96% from FY20-23 at Rs 3,790 crore which is 2.4X its trailing-twelve month revenue.

Banking sector is probably the best proxy play to the Indian economy. The reason, banks provide the lifeline of capital to all the sectors which form part of any economy, whether it is retail loans or corporate loans. So when these sectors do well, banks have a higher credit growth. So, if the economy is likely to grow faster than there is no way banks are not going to do well. Because there is a certain amount of ownership overhang in private sector banks and also the fact that voices from India’s largest bank are expecting to witness a revival of the capex cycle, it would be better to have a basket of stock from both segments of the banking sector. Until yesterday, the correction in bank stocks was largely led by HDFC bank, today, some of the PSU banks have witnessed some minor decline from their high’s. At this point of time, it could be just another round of profit booking but it would be better to keep an eye given the a segment where fundamentals have improved after decades and street has just started to take that into account, for long term investors, opportunities might be present.

Vi’s stock opened 0.7% lower and was trading down 1.26% at Rs 15.67 per share in early trade on Wednesday.

“The liquidation value of the equity shareholder of RCL (Reliance Capital) is Nil and hence, equity shareholders will not be entitled to receive any payment and no offer will be made to any shareholder of RCL,” according to an exchange filing.