A Supreme Court bench, led by Chief Justice DY Chandrachud, while admitting a batch of appeals filed by Sebi, National Securities Depositories (NSDL) and National Stock Exchange of India (NSE), posted the matter for final hearing in the second week of April.

The average analyst price target on Tech Mahindra by Bloomberg after the third quarter results was at ₹1,302, implying a downside of 1.67% from Thursday's closing. Analysts said that the company's weaker performance indicates that turnaround would be tough in the near term, given the weak demand environment.

HDFC Bank, in a notification to stock exchanges on Thursday, said LIC has received approval from the RBI to acquire up to 9.99% in the bank by January 25, 2025. However, the insurer must ensure that its aggregate holding does not exceed 9.99% of the paid-up share capital or voting rights of the bank at any given time.

Profit growth was hit due to higher provisions for bad loans. Interest income increased 29% to Rs 2,082 crore in December 2023 from Rs 1,609 crore a year ago. Non-interest income which includes fees and commission also increased 34% to Rs 2,539 crore.

These four firms, which had filed their preliminary papers with the markets watchdog between June and October, obtained observation letters on January 16-19, an update with the Securities and Exchange Board of India (Sebi) showed on Thursday.

The regulators stated that the decision to extend the timeline for implementing LODR rules has been taken due to ongoing industry-standard finalisation and required amendments to market norms. The rule is aimed at strengthening the corporate governance of listed entities.

Orders from IBM's generative AI business, which includes bookings and sales from services such as those powered by its Watsonx AI platform, doubled in the fourth quarter and is expected to help its revenue grow by around 4%-6% in 2024, the company reported late on Wednesday.

At 9:45 a.m. ET, the Dow Jones Industrial Average was up 81.36 points, or 0.22%, at 37,887.75, the S&P 500 was up 15.31 points, or 0.31%, at 4,883.86, and the Nasdaq Composite was up 49.29 points, or 0.32%, at 15,531.21. However, Tesla skidded 9.2% and was on track to lose about $50 billion in value following its warning. The consumer discretionary sector fell 1.1% and was the worst performer among S&P 500 sectors.

Having started as a conventional broker, Angel One transformed itself into one of the leading fin-tech investment platform providers and competes with some of the leading discount broking firms in India. In terms of active clients, Angel One is the third in India after Groww and Zerodha Broking, according to reports.

Tesla tumbled nearly 9% on Thursday. Musk said growth would be "notably lower" as Tesla focuses on a cheaper, next-generation electric vehicle to be made at its Texas factory in the second half of 2025, which is expected to spark the next boom in deliveries.

In 2024, the markets will be shut for Republic Day (January 26), Mahashivaratri (March 8), Holi (March 25), Good Friday (March 29), Ramzan Id (April 11), Ram Navami (April 17), Maharashtra Day (May 1), Bakri Id (June 17), Muharram (July 17), Independence Day (August 15), Mahatma Gandhi (October 2), Diwali (November 1), Gurunanak Jayanti (November 15) and Christmas (December 25).

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 Dow Jones Industrial Average rose 56.18 points, or 0.15%, at the open to 37,862.57.

These 7 Indian companies have a direct connection to the Ayodhya Ram Mandir project and its development. Let's take a look at how they are involved.

The ECB ended its fastest ever rate-hiking cycle in September but has been adamant that even discussing a reversal would be premature, since price pressures have yet to be fully extinguished and many wage negotiations have yet to conclude.

Kedia increased his stake by 3 bps in smallcap Siyaram Silk Mills in the October-December quarter to 1.11%. The stock has been a market laggard, delivering negative returns of over 6% in the past 12 months. As far Vaibhav Global, a Jaipur-based fashion retailer, is concerned his holding went up by 3 bps to 2.01% in the December quarter versus 1.98% in the previous quarter. Its returns over a one-year-period stand at approximately 70%.

Nifty on Thursday ended 101 points lower to form a small negative candle with a minor lower shadow on the daily charts, indicating a sell-on-rise opportunity in the market on monthly F&O expiry.

Following the report, all the Group’s stocks plummeted resulting in halving the market value of 10 Adani stocks to Rs 9.3 lakh crore in 10 days. Now, 3 out of 10 Adani stocks have recovered all their losses from the Hindenburg blow.

Here is a look at 6 stocks with the highest dividend yield in the last year. These companies have also outperformed the Nifty 50 in the past year, having rallied over 33%. (Source: Trendlyne)

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

Sensex Today: After a sharp run-up on Wednesday, the equity benchmark indices were back to their losing ways on Thursday. Sensex and Nifty declined, dragged by information technology stocks on weak results from Tech Mahindra. Broader markets, on the other hand, traded in the green.

Admitting that he should be more proactive in communicating with customers, Groww founder Lalit Keshre said even a few minutes of downtime can have an adverse impact on customers.

The 30-share BSE benchmark Sensex declined 360 points or 0.51% to settle at 70,700. The broader NSE Nifty fell 101 points or 0.47% to end at 21,352. They have fallen about 1.3% each over the three sessions this holiday-truncated week, logging their worst performance since the week ending October 27.

Sequentially, the revenue declined by nearly 9%. For the quarter ended September, the company posted a loss of Rs 1,783 crore.

Indian equity markets declined on Thursday, dragged by IT stocks following disappointing results from Tech Mahindra and as financial stocks continued to drop. As per data available on StockEdge, several largecap stocks from the Nifty200 index outperformed the benchmark Nifty50 index on a 1-week and 3-month basis as of January 24. Here's a list:

Because the metal stocks are highly correlated to Chinese economic growth. Like in the past, whenever the Chinese central bank has taken any step this time also on Wednesday the metal stocks reacted positively. But the question is whether this cut is a reflection that the economic slowdown in China is much worse than what the world has been estimating. If the trouble is deeper than what was perceived then metal stocks might stay as under-performers, but if there is a recovery which would first be reflected in the global commodity prices then it would be an indication that metal stocks may do better in coming months. In both cases it is worthwhile to keep both metal stocks and metal prices on the watchlist.

Jan 25, 2024 -European stock markets dropped at the start of trading Thursday as investors awaited an update on the outlook for eurozone interest rates.

State-run IREDA also hit yet another 52-week high of Rs 169.80 on the NSE, rallying 5%. Insolation and Waaree hit their fresh 52-week highs as well.

The General Insurance Council on Wednesday announced a drive aimed at making cashless hospitalisation available for policyholders even in non-empanelled hospitals. Hospitals with 15 beds, and registered with the respective state health authorities under the Clinical Establishment Act can offer cashless hospitalisation now. In the event of hospitalisation, policyholders need not pay for treatment out of their pockets as the expenses would be covered by the insurance companies concerned. "Cross-hospital cashless treatment is a major move", New India Assurance CMD told ET Now.

MOAMC has launched Motilal Oswal Large Cap Fund, an open-ended equity scheme predominantly investing in largecap stocks. The NFO is open for subscription till January 31.

Indian shares declined on Thursday, dragged by information technology stocks following disappointing results from Tech Mahindra and as financial stocks continued to drop. However, in today's trade, four Nifty50 stocks hit new 52-week highs. Here's a list:

A year after the Hindenburg Research attack, Gautam Adani discussed how he insulated his portfolio from market volatility by pre-paying margin-linked financing. His leadership team's focus on businesses led to record-breaking EBITDA growth and Q3 FY24's highest-ever quarterly profit. He highlighted the use of adequate liquidity and stake sales to fortify the financial position. Adani acknowledged the crisis exposed a weakness in outreach mechanisms and distorted perceptions.

Mazagon Dock Shipbuilders shares surged 6.4% to Rs 2,475 in Thursday's trade on BSE after the firm signed a contract worth RS 1,070 crore with the Ministry of Defence. The deal is for the delivery of 14 Fast Patrol Vessels (FPVs).

Shares of TVS Motor Company fell 3.5% to the day's low of Rs 1,932.45 on the NSE in Thursday's early trade after brokerages retained their rating on the stock despite December quarter earnings beating estimates.

A short buildup is when there is a rise in open interest and volumes along with a decrease in the price of the underlying stock in the Futures and Options segment. Short buildup means more people are expecting the prices to go down and creating short positions. In Thursday’s trading session, five stocks witnessed a build of fresh short positions. Here's the list:

RailTel Corporation was the top gainer, rising 11.4% to Rs 442 after its quarterly profit doubled year-on-year (YoY). The company posted a profit after tax (PAT) of Rs 62 crore in Q3 of FY24 as against Rs 32 crore in the corresponding period of the previous year, registering a YoY growth of 94%.

Volatility never gives notice before coming so one should always be prepared for it. Another point to be watched, if the frequency of the volatile phase increases and it starts to happen every other fortnight, it might be an indication of strong headwinds. For a large number of investors, volatility is only when mid-cap stocks correct. But the problem is that by the time they feel the heat of the correction the price damage is very high. So, it would be better to stay prepared for volatility. One of the ways for that would be to stay with large caps and especially the ones which have shown streak of outperformance at a time when other large caps have been under pressure. Another reason for staying with large caps is that valuations are high in large part of the mid and small caps and they are the ones which might lose more weight if the markets stay under pressure due to profit booking.

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

Equity benchmark indices swung back to losing ways on Thursday ahead of the monthly F&O expiry. Weak earnings from Tech Mahindra weighed on tech stocks while banking stocks extended their slide. Zee Entertainment Enterprises fell after the Enforcement Directorate conducted a search at Zee owner Essel Group's office. Raitel Corporation of India shares rose after the firm posted a quarterly profit that almost doubled year-on-year. Financial services have tumbled since HDFC Bank reported disappointing margins.

Bajaj Auto shares reached a 52-week high of Rs 7,499 despite scepticism from Kotak Institutional Equities and Nuvama. Kotak maintained a 'Sell' rating, citing a high valuation, while Nuvama reiterated a 'Hold' stance. JM Financial remained positive, citing a favorable product mix and strong domestic demand. Bajaj Auto reported a 37% YoY growth in net profit for Q3, beating estimates.

Ashok Leyland Ltd, a company in the automobile space, has fallen over 10% from its August 2023 high. Chart patterns suggest further weakness. Short-to-medium-term traders can sell the stock for a target around 150 levels in the next 1-2 months. The stock closed at Rs 170.25 on 24 January 2024, down more than 10%. Short-term indicators indicate a bearish bias. If the auto index faces resistance, Ashok Leyland stock price could face additional pressure.

A look at the domestic market performance atleast a week prior to the Budget presentation over the last 5-6 years showed that caution and a certain level of apprehension prevailed among investors.

Equity benchmark indices swung back to losing ways on Thursday ahead of the monthly F&O expiry. Weak earnings from Tech Mahindra weighed on tech stocks while banking stocks extended their slide. Zee Entertainment Enterprises fell after the Enforcement Directorate conducted a search at Zee owner Essel Group's office. Raitel Corporation of India shares rose after the firm posted a quarterly profit that almost doubled year-on-year. Financial services have tumbled since HDFC Bank reported disappointing margins.

A year after the explosive Hindenburg report on Adani stocks, the controversy continues as Sebi is investigating violations of minimum public shareholding norms. The Supreme Court has directed Sebi to complete the investigation within 3 months. Adani stocks have partially recovered, but there is still a Rs 4.67 lakh crore loss in market capitalization. Adani Ports and Adani Power have performed well, while Adani Total Gas, Adani Energy Solutions, and Adani Wilmar have suffered losses.

Two-wheeler major Bajaj Auto on Wednesday reported a 37% year-on-year (YoY) growth in its standalone net profit at Rs 2,042 crore for the third quarter ended December 2023, beating ET Now poll estimate of Rs 1,961 crore. The company's profit was Rs 1,491 crore a year ago.

A Foreign Institutional Investor (FII) is a person or company that invests in a country other than the one where it is registered or has its headquarters. According to StockEdge data, here's a list of 10 largecap stocks from the Nifty200 index wherein FIIs decreased their stake in Q3:

Indian billionaires Mukesh Ambani and Sunil Mittal may wait for the Lok Sabha elections to finish before hiking telecom tariffs in the second half of 2024. Jefferies expects a 20% tariff hike in the second quarter of fiscal year 2025. The government, which owns 33% stake in Vodafone Idea, may also favor tariff hikes to support the telco's survival. CLSA estimates that Bharti Airtel will lead tariff hikes to an Arpu of Rs 257 by fiscal year 2026.

In Q3, the company's revenue dropped 23% year-on-year (YoY) at Rs 1,195 crore while profit also dropped 89% YoY to Rs 23 crore.

Indian benchmark indices, Sensex and Nifty50, opened lower due to weak Q3 results from Tech Mahindra. Other IT stocks like HCL Tech, Infosys, TCS, and Wipro also opened in the red. Zee Entertainment Enterprises fell after a search by the Enforcement Directorate (ED) at Essel Group's office. Raitel Corporation of India shares opened higher after posting strong quarterly profit. Sector-wise, Nifty IT and Nifty Pharma dropped, while Nifty Smallcap100 and Nifty Midcap100 rose.

Lemon Tree Hotels, India's largest mid-priced hotel chain, has witnessed strong performance due to a favourable industry scenario and an asset light model. The company is expected to benefit from strong industry tailwinds, with room demand projected to remain high in the next few years. Lemon Tree has a strong pipeline of new hotels and recently opened Aurika Mumbai, which is expected to see improvements in occupancies in Q4 FY24.