The growing client base, and heightened activity across multiple derivative and cash products along with the consistently increasing quantum of orders executed on the company’s platform, have entailed a sustained requirement of enhanced working capital, to diligently manage such growth in volumes, Angel One said.

The funds will be used to pay vendors, expand coverage, invest in 5G rollout, and compete with Reliance Jio and Bharti Airtel. The company aims to mobilize Rs 20,000 crore.

Domestic equity indices shrugged off losses to end higher in a volatile session on Thursday, led by a rebound in IT stocks and supported by gains in ITC. The S&P BSE Sensex closed 0.74% higher at 73,158, while the NSE Nifty50 index ended above the 22,200 level."Nifty has formed a strong bullish candle after successfully testing its support level of 21,930 and is all set to move toward the target of 23,120 (Ascending Triangle Breakout)," said Aditya Gaggar, director of Progressive Shares.Here are 6 stock recommendations for Friday:

The Dow Jones Industrial Average was up 226.78 points, or 0.59%, at 38,839.0, and the tech-heavy Nasdaq Composite was up 332.50 points, or 2.13%, at 15,913.37.

Lunolux Ltd, a firm owned by Advent, sold 1,93,47,924 shares of Eureka Forbes at Rs 506.06 apiece, block deals data on the BSE showed. The sale was at a marginal discount to the previous closing price of the stock.

Various London Stock Exchange Group (LSEG) news and currency trading platforms around the world suffered brief outages as European markets opened on Thursday.

Domestic equity indices shrugged off losses to end higher in a volatile session on Thursday, led by a rebound in IT stocks and supported by gains in ITC. The S&P BSE Sensex closed 0.74% higher at 73,158, while the NSE Nifty50 index ended above the 22,200 level."Nifty has formed a strong bullish candle after successfully testing its support level of 21,930 and is all set to move toward the target of 23,120 (Ascending Triangle Breakout)," said Aditya Gaggar, director of Progressive Shares.Here are 6 stock recommendations for Friday:

The Dow Jones Industrial Average rose 232.95 points, or 0.60%, at the open to 38,845.19.

Nvidia inched closer to $2 trillion market value after the bellwether for AI chip demand once again exceeded Wall Street's sky-high expectations, re-igniting a global rally in tech stocks.

The nation’s market, currently the world’s fifth largest at $4.5 trillion, briefly overtook Hong Kong last month. Still, its weight in global stock indexes is below 2%, leaving ample scope for foreigners to ramp up investments, analysts including Mahesh Nandurkar and Chris Wood wrote in a Feb. 21 note.

The S&P BSE Sensex rose over 500 points while the Nifty50 closed above the 22,200 level. Sectorally, buying was seen in auto, IT, capital goods and power stocks while some profit booking was seen in the banking space.

The revenue share of 83 Tier-II and -III companies increased steadily over the past seven quarters to hit a record 17.7% of the aggregate rupee-denominated revenue for a sample of 88 IT companies in the December quarter while their net profit share was also at a record 14.5%.

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

Having breached the recent highs of 22,249, the Nifty is expected to move towards the next upside target of 22,500-22,600 levels in one week. Immediate support is at 22,050, said Nagaraj Shetti of HDFC Securities.

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 security from extreme bearishness to bullishness. In Thursday's trading session, five stocks saw top short covering. Here's the list:

​ Markets regulator Sebi has ordered the attachment of bank accounts as well as shares and mutual fund holdings of Dheeraj Wadhawan and Kapil Wadhawan, the former promoters of Dewan Housing Finance Corp Ltd (DHFL), to recover dues totalling over Rs 22 lakh.

​The National Stock Exchange (NSE) has granted in-principle approval to garment manufacturer Globe Textiles (India) Ltd for raising over Rs 45 crore through rights issue of shares to fund growth initiatives, the company said on Thursday.

The fundraising could be in one or more tranches through equity instruments, including rights issue, preferential issue of shares, qualified institutional placement of shares, or a combination thereof as may be considered appropriate.

While there are many ways to play the theme of industrial recovery, there is a set of companies, who don't come into headlines very often but a very high correlation between how the economy as whole is doing and a sector in particular. So while steel companies may come into news because of what happens to commodity prices and China, but the companies, which supply consumables like refractory material to them, don't come into the headlines. It is not only steel or metal, there are a host of sectors where there are niche players who supply critical input to another industry and their bottomline growth is linked to what is happening in the mother industry. Now there is little doubt that one after another things are turning better for many sectors, so some of these companies which supply industrial consumables are also coming into focus.

Nifty IT surged nearly 2%, led by HCL Tech, TCS, and Tech Mahindra despite the minutes of the Federal Reserve's latest policy meeting indicating most policymakers were concerned about the risk of cutting rates too soon. The market capitalisation of all listed companies on BSE increased by Rs 3.26 lakh crore to Rs 392.13 lakh crore.

The level of 22,000 is crucial for Nifty to hold else bearishness may return to the market. Two stocks have formed a good setup for swing trading on the technical charts

Indian shares fell intra-day on Thursday, dragged by financials and energy stocks, as profit booking continued for the second day after a six-session rally. However, in Thursday's trade, five largecap stocks from the Nifty200 index hit new 52-week highs. Here's the list:

Selling in the FMCG sector intensified as quarterly earnings of major companies suggested weak rural consumption and as cost pressures increased. FIIs net sold shares worth Rs 3,011 crore in the first two weeks of February, compared to the selling of over Rs 2,000 crore in the previous fortnight.

Europe's broad STOXX 600 index rose to 495.77 points, surpassing the 495.46 reached in Jan. 2022, as unexpectedly strong revenue forecasts from U.S. chip giant Nvidia lifted sentiment around the world.

The PSU index is expensive, trading at 11.2x fwd PE and 1.8x PB which is +1SD to the historical average. However, relative to the broader market (BSE 500), PSU portfolio is still trading below the historical mean on 12-month forward PE and just slightly above the mean on PB.

​ Japan's Nikkei share average surged to a record high on Thursday, eclipsing the 1989 bubble-era peak, as chip-related stocks led across-the-board gains after U.S. chipmaker Nvidia's outlook beat market expectations.

The stock has been on the rise since the beginning of February following reports that the government has received nine bids from companies including Tata Group and Tower Semiconductor for the overhaul of its Semiconductor Laboratory (SCL) in Mohali.

Once again on wednesday, there was minor correction in nifty, but more tremors were felt in the mid-cap part of the market. While it might be too early to call it even a corrective move, because this could be due to profit booking just before the expiry of the weekly option contract today. But because volatility never gives notice before coming, it is better to be prepared for it, by staying with a set of stocks which have a higher probability when a storm hits the street. While there is no full proof way, putting some filter would help at least in avoiding some mistakes. So, staying with the large caps segment, in that too staying with sectors where the market size is big and as is likely to grow at a certain rate due to basic nature of the business, then looking if the analyst score has moved higher in the last one week which has been a volatile period for the market.

The price-to-earnings ratio or P/E ratio, helps compare the price of a company's stock to the earnings the company generates. This ratio is determined by dividing the index’s price per share by its earnings per share. A high PE ratio signifies that the stock is expensive, while a low PE ratio indicates that it is undervalued compared to earnings and the share price could rise in the future. Normally, the average P/E ratio falls between 20 to 25 and anything below is considered a good PE ratio. Here's a list of 5 Nifty stocks with the highest P/E: (Source: Trendlyne)

The stock rose from Rs 749 as on 20th February 2023 to Rs 2136 recorded on 20th February 2024 that translates into an upside of 185% in a year.

The report said ITC sees Prataap giving it significant headroom in regional pockets, especially when its own brands haven’t been able to win a significant share in those territories due to stiff local competition.

Nifty woke up with zest but fell to selling pressure and closed with loss.

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:

The price-to-earnings ratio or P/E ratio, helps compare the price of a company's stock to the earnings the company generates. This ratio is determined by dividing the index’s price per share by its earnings per share. A high PE ratio signifies that the stock is expensive, while a low PE ratio indicates that it is undervalued compared to earnings and the share price could rise in the future. Normally, the average P/E ratio falls between 20 to 25 and anything below is considered a good PE ratio. Here's a list of 5 Nifty stocks with the highest P/E: (Source: Trendlyne)

Indian equity indices traded lower due to declines in HDFC Bank and Reliance Industries. Asian Paints, Bharti Airtel, Power Grid, Bajaj Finserv tradec with cuts. Axis Bank, HCL Tech, L&T, TCS, Wipro, Maruti gained.

The upside comes in Zee stock after it ended Wednesday's session 15% lower after Bloomberg reported that Sebi had found that about $241 million (Rs 2,000 crore) might have been diverted by the company promoters.

India's rise in the MSCI EM index, with a weight of 18.2%, has sparked global conversations about its potential to surpass the dominance of China in the popular stock market index for investors in emerging markets. Factors such as strong corporate earnings and foreign investment inflows contribute to India's growth, while China faces challenges with declining weight and slumping stock prices.

The dividend yield is the annual dividend payment to shareholders expressed as a percentage of the stock's current price. According to Trendlyne data, as many as 9 stocks paid over 7% dividend yield in the last one year. Here is a list:

Brokerage firm Jefferies has an underperform rating on Asian Paints, Citigroup retains Maruti Suzuki as its top pick in the auto sector, and Goldman Sachs recommended a neutral rating on Paytm.

Around 26 companies, with a market capitalisation of over Rs 2,500 crore, reported atleast 25% year-on-year (YoY) fall in both revenue and profits in the last quarter, and a majority of them were part of the chemicals and pesticides sector.

Repco Home Finance has been generating one the highest NIM amongst housing finance peers. Given the improvement in credit growth, cost-to-income ratio, one of the lowest credit costs and one of the highest return ratios, the stock is available at a very attractive valuation and is likely to continue to see re-rating, says Sandeep Raina of Nuvama.

Most analysts remain cautious on Paytm and suggest that retail investors should not try to catch a falling knife.

Japan's Nikkei share average climbed to the cusp of an all-time peak on Thursday after unexpectedly strong revenue forecasts from U.S. chip designer Nvidia lifted Asian tech stocks.

Kazukuni Yamazaki, an 87-year-old investor and a former Nomura Securities employee, remembers there used to be a digital board showing stock prices on the first floor of his building.

From the Sensex stocks, Asian Paints, BhartiAirtel, Power Grid, and Bajaj Finserv opened with cuts, while Axis Bank, HCL Tech, L&T, TCS, Wipro, and Maruti opened with gains.

Japan's Nikkei share average on Thursday surged past an all-time closing high scaled in December 1989, as chip-related stocks jumped after U.S. chipmaker Nvidia's outlook beat market expectations.

Nvidia added over $129 billion in stock market value late on Wednesday after the chipmaker's hotly anticipated quarterly report beat estimates and sparked gains in other AI hardware stocks.

The S&P 500 and Dow Jones industrials eked out small gains on Wednesday, while the Nasdaq closed lower for a third straight session as investors awaited the release of Nvidia's earnings that could determine near-term momentum for equities.

Stocks that were in focus included names like Campus Activewear, which rose 3.24%, Devyani International, which increased 1.24%, and Hindalco, whose shares closed flat on Wednesday.

Buyout funds KKR, TA Associates and Apax are among others that have been tapped since Peak XV initiated a plan to fully exit its nearly 13-year-old investment in Prataap and hired Deutsche Bank to sell the company. The transaction if successful will trigger an open offer for an additional 26% of the Indore-based company, which has been a laggard ever since its stock market debut in 2017 when it listed at a 33% premium. Prataap ended 1% down at ₹1,174.45 for a market value of ₹2,802.19 crore on Wednesday.