The BSE 500 index ended 330 points lower on the week-on week basis at 30,669.27 and the market rout was led primarily by banks, IT, FMCG and realty stocks while pharma, auto and infrastructure counters restored some pride.

FIIs net sold shares worth Rs 10,556 crore in the secondary market in just three sessions last week. Last week, January 22 and 26 were public holidays. Such was the sell-off last week, that it made for one-third of the total outflows seen in domestic equities so far in January.

Three years back, the whole agro chemical sector got rerated and some of the Indian companies which are focussed on domestic markets getting their fair share of attention from the street. But then they faced sudden headwinds as the Chinese companies once again became over active. Some time headwinds which bring a phase of underperformance in stocks are opportunities to enter those sectors and stocks with a long term perspective, because on the macro front the sector has more plus than minus. If one looks at what management of these companies have stated in recent past is that some of these headwinds are due to inventory issues which are getting over. Is the worst of the issues behind the agro chemical companies?

In 1999-2000, the market cap of Asian Paints was ~$200m, just 2% of the largest consumer company then, Hindustan Unilever. Today Asian Paints’s market cap is $35bn, more than 50% of Unilever’s! Titan was a tiny cap during 2001-4 (the lowest was in 2001, a market cap of $25m, vs $40bn now!) when it entered the jewellery segment and changed the industry.

This week there was a sharp correction in the mid-cap index, and market breadth was also weak. This should serve as a warning to all those who are buying stocks without bothering to look at what is the business of the company. The way correction panned out, there is higher probability of a correction in mid-cap space continuing if there is more trouble with Nifty. But rather than bothering about what will happen to nifty in the next few weeks or quarters, long term investors looking to take exposure to the mid-cap should focus on individual companies and their underlying business. At the same time, because overall valuations are high, be ready for underperformance for some time and focus on the long term.

While the volatility has been in nifty every now and then, the difference this week was that the mid-cap segment also participated in the correction and breadth was negative. This is indicative of profit booking happening at the broader market level. At this point of time, one cannot rule out volatility with strong bearish bias and more damage to stock prices in the mid-cap segment. In such times, if one is taking fresh exposure to equity, ensure that there is some level of quality as far as the business and fundamentals are concerned. 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.

Veliyath raised his stake in Kerala Ayurved by 164 bps to 4.82% in the quarter ended December 30, 2023. At the end of the September quarter, he held 3.18% stake in the company. The value of his holding is nearly Rs 14.8 crore, Trendlyne data said.

Simply put, a market order, when placed in your demat account or through a broker, involves buying a particular stock, bond, or any other tradeable asset at the best available price.

For the year ended December 31, 2023, the S&P BSE Capital Goods Index experienced a remarkable surge of 66.89%, outpacing the Nifty50 and Sensex by considerable margins.

India is the shining star in the global stock market. The ones that didn't die post-Covid became immortal. Suzlon, Reliance Power, Reliance Infra, Jai Corp, Swan Energy, Idea Cellular, Imagicaa, Jai Prakash Associates, DB Realty and others have rallied 5-20x from their lows. And the ones that saw management changes like CG Power delivered 60x within 3years of being acquired.

Investors started selling out in 2021, when China's private sector crackdown went into full gear. Covid Zero restrictions further worsened sentiment toward the market. Stocks staged a strong rebound through late 2022-early 2023 as China reopened its economy, but the optimism has all but evaporated.

The S&P 500 is up nearly 3% since the end of December and stands near record highs, driven in part by expectations of a U.S. economic "soft-landing" in which growth remains stable while inflation cools.

According to the stock exchange circular issued on Thursday, stocks such as Rajoo Engineers, Brand Concepts, Modern Insulators, BPL, Mirc Electronics, Shreyans Industries and Aban Offshore, among others, are included in the list of stocks that will no longer be subject to the ESM framework.

State-owned Bank of Baroda (BoB) on Thursday said it has raised ₹5,000 crore through the issuance of long-term infrastructure bonds.

Demand for the Bank Term Funding Program rose approximately $6.3 billion in the week through Wednesday, Jan. 24 to an all-time high of $167.8 billion, data from the Fed showed. Borrowing has jumped by more than $50 billion since mid-November after the program's rate increasingly fell below the rate at which institutions could earn money by parking reserves at the Fed.

That means people who hold ETFs are investing in a diverse collection of assets across various sectors, markets, companies and regions. With a single ETF you can own a piece of multiple companies or bonds.

Investors started selling out in 2021, when China's private sector crackdown went into full gear. Covid Zero restrictions further worsened sentiment toward the market. Stocks staged a strong rebound through late 2022-early 2023 as China reopened its economy, but the optimism has all but evaporated.

After the sharp run-up in valuations, wealth managers believe this performance is unlikely to be repeated, and have asked investors to stagger their purchases in small cap stocks and come with a longer time frame.

India is the shining star in the global stock market. The ones that didn't die post-Covid became immortal. Suzlon, Reliance Power, Reliance Infra, Jai Corp, Swan Energy, Idea Cellular, Imagicaa, Jai Prakash Associates, DB Realty and others have rallied 5-20x from their lows. And the ones that saw management changes like CG Power delivered 60x within 3years of being acquired.

It's a high-stakes maneuver, JPMorgan just achieved the largest annual profit of any bank in US history. But as Bloomberg reported last month, insiders have been predicting it would need to rotate bosses to give them new challenges in the search for Dimon's eventual successor.

The Dow Jones Industrial Average fell 42.45 points, or 0.11%, at the open to 38,006.68. The S&P 500 opened lower by 5.25 points, or 0.11%, at 4,888.91, while the Nasdaq Composite dropped 35.64 points, or 0.23%, to 15,474.85 at the opening bell.

The forecast from one of the largest suppliers of PC chips weighed on Nvidia, Advanced Micro Devices, Qualcomm and Micron Technology, which fell between 0.6% and 1.7%.

Financial metrics that stood out in the industry gave HDFC Bank a premium valuation that was competitors’ envy. Now that it resembles its peers, the valuation may also remain aligned.

Despite this, a surge in global stocks limited fund outflows, spurred by optimism after strong quarterly results from Netflix and bullish forecasts from semiconductor companies, including Taiwan's TSMC and Super Micro Computer.

U.S. equity funds saw net withdrawals of $3.04 billion in the week, the smallest in four weeks, as a Wall Street rally, led by strong tech sector gains from upbeat forecasts by TSMC and Super Micro Computer, tempered the outflows.

The existing domestic inflows from mutual funds, insurance, pension, PMS, and AIF currently amount to Rs. 3 lakh crores per year. Achieving this target is considered easily attainable, but there is a need for corresponding fresh equity issuances each year to maintain a balance and ensure that the market remains an attractive destination for investors, as suggested by bankers.

Other stocks shifted out of the ESM framework include Rudra Global Infra Product, GP Petroleum, Kanoria Energy, Signet Industries, Bemco Hydraulics, Samrat Forgings and Amba Enterprises.

European equities opened higher on Friday, boosted by upbeat quarterly updates from luxury group LVMH and spirits maker Remy Cointreau, while investors gauged interest rate cut prospects, a day after the European Central Bank left rates unchanged.

Shares in LVMH were up by around 7% in early Paris trade on Friday following the French luxury giant's latest quarterly report, lifting peers including Hermes, Kering and Pernod Ricard, which were all up by more than 3%.

Hackers of cryptocurrency platforms stole around $1.7 billion in 2023, around 54.3% lower than the year before, a Chainalysis report showed on Wednesday.

Three years of underperformance when topped by a decline of more than 15 in just one month and makes the management come out with clarification is bound to rattle many and is bound to have rub off on other players in the sectors which may not be banks. However because they are part of the financial service sector they tend to get clubbed together. But the fact is that just because one bank is facing headwinds does not mean the whole financial sector is facing the same. While banks might be under pressure, AMC's have been doing well. Similarly, life insurers are under pressure but the general insurance companies have done well. So be selective as analysts are bullish on many companies in the financial services space.

London's blue-chip share index jumped to a 10-day high on Friday after upbeat earnings updates from European luxury firms boosted Burberry and Diageo, while a pullback in sterling supported shares of dollar earners.

We preferred India equities over the U.S.; in the event both performed well. We predicted geopolitics would remain a headwind, we expected domestic flows would improve, and noted that RBI rate hikes typically preceded equity rallies.

Hackers of cryptocurrency platforms stole around $1.7 billion in 2023, around 54.3% lower than the year before, a Chainalysis report showed on Wednesday.

While a large part of India’s rural economy is about agriculture, in the last couple of years, there has been an effort on the policy level that other parts of the rural economy which are not agricultural related get the boost. So be it horticulture, animal husbandry and fishing all of them have been a push in one form or other to increase both productivity and income levels. From an investment perspective, there are few players which are listed as a large part of this is still with smaller players who operate on a regional basis. But as the overall market size grows the large players are increasing their presence. This is not to say that there are only opportunities and no challenges. The biggest being the fact that any change in the rural economy matrix is always time consuming, so companies need to have the ability to go through long cycles.

​Japan's Nikkei share average slumped on Friday, erasing its gains for the week, as chip-sector shares tumbled in line with U.S. peers.

Investing through SSE is different from direct donations. It offers a structured way to support social causes, with added benefits like transparency, legitimacy and potential tax benefits, not usually available with direct donations. Further, investing in stocks or bonds of social enterprises also provides a financial return potential.

Kacholia’s holding in as many as four stocks fell below 1% during the last quarter. The ace investor increased his holding in a couple of counters while trimming in three others, according to the shareholding data available on the BSE.

​Nomura on Friday forecast the U.S. Federal Reserve delivering a 100-basis-point interest rate cut in 2024 and reducing the pace of balance-sheet rundown in June, followed by an end to quantitative tightening in December.

Pledging of shares is one of the options that the promoters of companies use to secure loans to meet working capital requirements, personal needs and fund other ventures or acquisitions. A promoter shareholding in a company is used as collateral to avail of a loan. Here's is a list of 9 stocks from the Nifty200 index firms where promoter pledge declined in Q3 FY24, according to StockEdge data:

While sector bellwether Tata Consultancy Services pointed to pent-up demand and the mainstay banking and financial services vertical returning to growth in the current quarter, Infosys indicated that deal ramp-ups were running on schedule.

Investors who bought shares in the debt-stricken nation’s benchmark KSE-100 Index the day prior to a national vote reaped an average 7% gain over the next month, according to data from the past six elections compiled by Bloomberg. Over a three-month period, the mean advance was 19%.

Most brokerages upgraded their price targets on the stock after the results. The upgraded average analyst price target on the stock stands at Rs 7,252.08, according to Bloomberg data, which is 4.6% lower than Thursday’s closing price of Rs 7,590.

​Intel on Thursday forecast revenue for the first quarter that could miss market estimates by more than $2 billion, as it grapples with uncertain demand for its chips used in the traditional server and personal computer markets.

Chinese stocks looked set to end the week on a strong footing as a wave of policy support from Beijing restored fragile investor confidence and put a floor under its sliding stock market. The blue-chip index rose 0.03% and was eyeing a 2% weekly gain, while the Shanghai Composite edged 0.3% higher, putting it on track for a 3% weekly rise, its largest since July 2023.

​IBM shares jumped nearly 13% to a more than 10-year high on Thursday after the company reported a better-than-expected revenue outlook backed by strong demand for its artificial intelligence (AI) services.

​Tesla tumbled over 12% on Thursday after CEO Elon Musk warned sales growth would slow this year despite price cuts that have already hurt margins at the world's most valuable automaker and fueled investor concerns about soft demand and Chinese competition.

​The S&P 500 closed at an all-time high for a fifth straight session on Thursday after data showing strong U.S. economic growth in the fourth quarter boosted sentiment, while Tesla tumbled following a disappointing sales forecast.

The company’s operating margin before depreciation and amortization (EBITDA margin) rose by 29 basis points sequentially to 20.1% in the third quarter of the current fiscal year even though the volume share of the three-wheelers segment, which has superior margin, in the total volume dropped by 230 basis points to 10.2%. In addition, the EBITDA per vehicle at Rs 20,232 was at par with the last quarter’s level though the average selling price fell 1.4% to Rs 100862 per unit.

“The predominant higher closings of the Nifty in 2023 were like the one seen in 2017,” said Sahil Kapoor, head of products and market strategist at DSP Mutual Fund. “Like in 2017, this indicates complacency may have set in and market participants are not prepared for any shocks that may come.”