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 Friday's trading session, five stocks witnessed a top long unwinding. Here's the list:

Short covering refers to the buying of shares to close an existing short position or a position that has been sold. Short covering signals a shift in view on a security from extreme bearishness to bullishness. In Friday's trading session, five stocks saw top short covering. Here's the list:

Among blue-chip Sensex stocks, HCL Tech, Maruti, Asian Paints, Airtel, and TCS were the top laggards, falling over 1% each. While Bajaj Finserv, M&M, Titan, Wipro, and Reliance Industries closed higher. Vodafone Idea shares closed nearly 8% higher after the company said that its board is scheduled to meet on February 27 to consider and evaluate options to raise funds through the equity route.

The loss-making carrier’s shares were, subsequently trading 8.91 % higher at Rs 17.73 on the BSE Friday, lifting the company’s market capitalisation to around Rs 86,406.7 crore.

In the last few weeks, just because one bank has underperformed and was able to drag the market lower, that does not mean everything in one of the most important sectors of the economy, which is BFSI, is bad. This distinction needs to be made because in BFSI space every segment has a very different operating matrix and hence the growth path. So, while banks might be under pressure, AMCs have been doing well. Similarly, life insurers are under pressure but the general insurance companies have done well. So rather than a broad brush, have a look at companies individually for better decision-making. So rather than a broad brush, have a look at companies individually for better decision-making as analysts are bullish on many companies in the financial services space.

In the last three years, Novartis is the third MNC pharma company which has announced sale of a part of its business in India. Some of these restructuring are being done as part of the global readjustment being made at the parent companies level. The bigger question is whether after this restructuring will the MNC pharma stocks, which have been underperforming for quite some time, be able to make a comeback on the street or not. This answer to this question would depend on multiple factors. Right from the use of the sale proceeds to whether post restructuring focus would be on a 100 percent subsidiary or not. In both positive and negative cases, these stocks probably should be on watchlist as news flow around them increases in coming quarters. We take a look at 7 MNC pharma companies.

"The share price is crap. I know that's going to be a quote," Winters told reporters on a conference call in response to questions about the lender's valuation, which has fallen 4% in the year to date and 16% in the last 12 months.

The company had filed seven applications for different products under the PLI scheme, and it has received the certification for its first product, a hub wheel drive motor for electric two-wheelers, Sona Comstar said in a regulatory filing.

India's blue-chip index Nifty 50 advanced to a new record high for the fifth consecutive session on Friday, aided by financials and IT stocks. Meanwhile, in today's trade, six Nifty50 index stocks hit a new 52-week high. Here's a list:

Atmastco shares listed at Rs 91 with 18.2% premium. IPO oversubscribed 15 times. Proceeds used for working capital and loan repayment. Manufacturer of precision equipment and heavy fabrication structures. Revenue increased 156% in FY23.

Thaai Casting IPO subscribed over 300 times. It specializes in precision machining and emphasizes quality assurance. The Indian die casting industry expected to grow at a CAGR of 15-20%.

Shares of Mukesh Ambani's Jio Financial Services rallied 14.5% to a fresh peak of Rs 347, crossing the Rs 2 lakh crore market cap mark. Jio may acquire Paytm wallet business. Jio Payments Bank operates with digital savings accounts, bill payments, and debit cards. Jio launched Jio Voice box, implemented QR codes, and conducted sandbox for loans.

In 1975, inflation in the US was fueled by high government spending on the Vietnam War, soaring oil prices due to OPEC's actions, a wage-price spiral driven by strong labor unions demanding higher wages, and loose monetary policy.

The overall theme of the Union Budget 2024, despite it being an interim budget was “Its Business as Usual and let us be Prudent, Long term Growth is a given”.

Short to medium-term traders can look to buy the stock for a target above 7000-7600 levels, suggest experts.

Shares of Mukesh Ambani's Jio Financial Services rallied 14.5% to a fresh peak of Rs 347, crossing the Rs 2 lakh crore market cap mark. Jio may acquire Paytm wallet business. Jio Payments Bank operates with digital savings accounts, bill payments, and debit cards. Jio launched Jio Voice box, implemented QR codes, and conducted sandbox for loans.

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 Friday's trading session, five stocks witnessed a build of fresh long positions. Here's the list:

Chipmaker Nvidia is the world's fourth largest stock and Wall Street's third after Microsoft ($3 trillion) and Apple ($2.8 trillion). Saudi Aramco is worth about $2 trillion. Nvidia soared more than 16% overnight and added $277 billion to its m-cap in just one day. In dollar terms, Reliance Industries is just about $243 billion.

Vodafone Idea is considering fundraising options to raise equity capital, crucial for its survival in the telecom industry. The company remains engaged with parties for network expansion and 5G rollout. The stock has seen gains, but concerns about debt and network upgrades persist.

Nifty opened flat but soon slipped into the negative territory. It posted a decent gain at close.

Vodafone Idea has been struggling for a while to raise capital, which is of utmost significance given the high debt on books. Further, it needs heavy capital investments for network upgradation and rollout of 5G services to compete with rivals Airtel and RJio. On Thursday, AB Group Chairman Kumar Mangalam Birla said that the group remains committed and is making all efforts to rope in external investors. The stock had rallied following the comments.

Global brokerage Goldman Sachs downgraded SBI to a neutral rating with a target of Rs 741, ICICI Bank to neutral with a price of Rs 1,068, and YES Bank to sell with a target price of Rs 16. It has upgraded underperformers Bajaj Finance to neutral from sell with a target price of Rs 6,815 and retained a buy on HDFC Bank with a target price of Rs 1915.

The combined market value of all listed stocks on BSE has grown to $4.73 trillion in less than 3 months. If India hits the $5 trillion level in FY24, it would mean a tsunami of $1 trillion wealth creation in just 4 months.

Brokerage firm Macquarie has a neutral rating on Maruti Suzuki, Axis Capital downgraded ABB India to reduce, CLSA has an underperform rating on Asian Paints and Citigroup initiated a buy on Honasa Consumer (Mamaearth).

Atmatsco shares listed at Rs 91 with 18.2% premium. IPO oversubscribed 15 times. Proceeds used for working capital and loan repayment. Manufacturer of precision equipment and heavy fabrication structures. Revenue increased 156% in FY23.

Kalahridhaan Trendz debuted on NSE SME platform with a 4.8% premium. The IPO was subscribed 8 times. It manufactures fabric, embroidery works, and trades grey cloths. It does textile dyeing and printing. India's textile exports reached $44.4 billion in FY22.

Interiors and More shares listed on NSE SME platform with a 19% premium. IPO received over 11.22 times subscription. Proceeds used for debt repayment and working capital. Revenue in FY23 was Rs 24.85 crore from sales of artificial flowers and plants. Company manufactures decorative items.

Likely recovery in rural market, strong demand for premium bikes, expansion of electric vehicle portfolio, and capacity build-up in parts accessories & merchandise (PAM) business are likely to put Hero MotoCorp on a good stead and improve re-rating prospects, says Vikram Kasat of Prabhudas Lilladher.

Thai Casting IPO subscribed over 300 times. It specializes in precision machining and emphasizes quality assurance. The Indian die casting industry expected to grow at a CAGR of 15-20%.

Hero Motocorp's profitability in ICE motorcycles portfolio reaches 16% due to regular price hikes, premiumisation, and favourable model mix. Rural market recovery, aggressive model launches, and core market recovery drive growth. Double-digit industry revenue growth expected in FY25. Financing rate increased to 60-65%. Rs 6 billion investment to double PAM business capacity.

From the Sensex pack, Titan, HDFC Bank, Tech Mahindra, Wipro, and Reliance Industries opened with gains, while Bharti Airtel, Power Grid, Asian paints, Axis Bank, and Maruti opened with cuts.

In 2002, after the dot-com bubble burst and Sun Microsystems swooned, the company's co-founder Scott McNealy highlighted the folly of Wall Street analysts who favored one particular financial metric to gauge a stock's worth: its price relative to the company's sales.

U.S. Federal Reserve policymakers should delay interest rate cuts by at least another couple more months to see if a recent uptick in inflation signals stalling progress toward price stability or is just a bump in the road, Fed Governor Christopher Waller said on Thursday

Asia stocks rose on Friday and put global markets on course for a week of heady gains as AI darling Nvidia's stunning results sparked a wave of record highs from Asia to Europe and the U.S., while the yen nursed losses on a range of currencies.

The S&P 500 and Dow Jones Industrial Average both surged to record closing highs on Thursday, powered by investors piling into growth and technology stocks the day after artificial intelligence poster child Nvidia's bumper earnings and outlook.

Nvidia added $277 billion in stock market value on Thursday, Wall Street's largest one-day gain in history after the heavyweight chipmaker's quarterly report beat expectations and reignited a rally fueled by optimism about artificial intelligence.

“Olectra Greentech stock has been in the northward direction from the last twelve months and has recently again started its up move after a long consolidation on the weekly frame. Traders can buy for a target of Rs 2300 in the next 1-2 weeks,” Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd, said.

Avanse is the second largest domestic private sector NBFC in the education loan segment with assets under management (AUM) of Rs 8,646 crore in FY23. The firm's total disbursement in FY23 stood at Rs 6,143 crore, a 2.1x increase over the previous financial year. The company has disbursed loans to over 3.5 lakh students and provided working capital to 1200 institutions.

Shriram Group plans to raise ₹2,000-2,400 crore in debt to buy Piramal Enterprises' stake in Shriram Investment Holdings. Piramal Enterprises fully exits Shriram Group after selling its stake in Shriram Finance.

Indian banks face challenges as urban savers shift to Dalal Street instruments like mutual funds and stocks, causing a decline in low-cost current and savings account (CASA) deposits. Private sector banks are particularly affected, while public sector banks also face difficulties in attracting deposits from corporate and government accounts.

Welspun Group's MGN Agro Properties and Mumbai-based B-Right Real Estate have successfully petitioned the NCLT to also submit bids. In fact, the Mumbai bench of the NCLT gave all new bidders time till February 25 to submit a formal expression of interest.

Several asset reconstruction companies including global fund JC Flowers ARC and Varde Partners-backed Aditya Birla ARC are participating in the Swiss auctions that lenders have initiated for three road projects - Pink City Expressway, Haridwar Highways Project, and Rohtak Hissar Tollway - and Metenere, a manufacturer of recycled non-ferrous products.

External members of the Monetary Policy Committee suggest reducing policy interest rates due to temporary food shocks and high real interest rates. However, caution is advised as markets are running ahead of policy makers and inflation history suggests challenges in bringing it down.

Nvidia's earnings were a major test for the AI-fueled rally on Wall Street that first pushed the S&P 500 above the 5,000 point mark earlier this month. Some analysts had cautioned that disappointing results could spark a steep selloff among technology stocks.

Central banks around the world have suffered financially from the combined effects of large asset-purchase programs conducted when inflation was low and quickly rising interest rates after the pandemic.

"Signs of inventory reduction policies becoming less widespread also helped boost production and sustain high levels of business confidence in the outlook for the year ahead among manufacturers," Chris Williamson, chief business economist at S&P Global Market Intelligence, said in a statement.

​​“We see ABB as a perfect trifecta of automation, electrification, premiumisation,” said Nomura’s analysts in a client note.

The company's board has approved raising of Rs 350 crore by way of issuance of equity shares, convertible preference shares, and/ or debentures/ non-convertible debt instruments.

That was more than a generation ago at the height of Japan's post-war boom. But this time around, the economy is in recession and nobody's talking about a bubble. Preliminary measures of exports, manufacturing, services and other indicators released Thursday suggested continued weakening.

The stock rose from Rs 399 on February 21, 2023, to Rs 2,062 recorded on February 21, 2024, which translates into an upside of over 400% in a year. It has been in an uptrend since February 2023 when it made a low above 300 levels on the monthly charts. The stock gained over 6% in a week, nearly 30% in a month, and more than 60% in the last 3 months.