Analysts said due to strong management and aggressive strategies, private sector banks will continue to take market share from their public sector counterparts. They also believe private banks have strong subsidiaries in high-growth businesses like asset management, wealth management, and life and health insurance, where value will be unlocked in the coming years.

The cash was distributed as part of the ₹3,180 crore upfront payment promised by the bad bank in its winning bid and was credited to banks on Saturday, four people familiar with the details said.

The master restructuring agreement (MRA) was approved by a majority of lenders last week. This envisages a loan repayment schedule up to March 2038 and redemption of non-convertible debentures (NCDs) by March 2040.

JHESL is a 51:49 venture between US-based Hunting Energy Services and domestic pipes maker Jindal SAW.

​The index made a bearish candle on weekly and daily scales, along with the formation of lower highs - and lower lows on daily chart for the last four sessions.

Last Friday, Swan Energy's board passed a resolution to raise the money by issuing preference shares at a premium of ₹495 to GCP INAB, it said in a notice to the exchange.

The company informed the bourses that it allocated 10.59 crore shares at ₹119 per share on September 22 to the anchor investors.

In two recent cases, the ED has seized the office space and immovable properties of companies which had used regular banking channels to transfer funds abroad under ODI route. While the companies under question remitted tax paid money and did not use hawala operators, they nonetheless faced harsh actions for using the ODI window to buy properties for personal use and hold funds abroad in an outfit that apparently had no bona fide business activity

Avendus Capital said ESG-focused companies continue to outperform their non-ESG counterparts and anticipates more ESG-focused investment flows into the country. ESG-focused equity funds in India have grown from $ 330 million in 2019 to $1.3 billion in June 2023, it said.

Shares of the Ahmedabad-based biopharma company, which listed a few weeks ago at a more than 20% premium, have notched another 9% gain since then. The shares topped ₹1,000 in intraday trade on Friday, before closing nearly 2% higher on the NSE at ₹983.40.

The stock rose from Rs 281 as of June 21, 2023, to Rs 427.95, which is also the 52-week high recorded on September 21, 2023, translating into an upside of about 50%. This also The stock closed at Rs 404 on September 21, 2023, an upside of 43%. Short-term traders who want to play the momentum can look to buy the stock for a target of Rs 436 in the next 2-3 weeks, suggest experts.

After remaining under pressure for a long time, analysts are forecasting a comeback of Utilities and Gas stocks. IGL is back on the radar and so is GSPL. Is this because of the fact that analysts are expecting that markets are going to be volatile in coming months and shifting back their focus to companies where earning streams don't see sharp swings or the valuation readjustment is over.

India’s growth continues despite a global economy that is sputtering. Europe, China, Japan, Russia, and North America are each struggling with challenges ranging from slowing growth, aging population, and slowing birth rates to shadow inflation and debt.

India has taken a pause on interest rates and the country has seen significantly higher interest rates in the past, and hence both the Indian govt. and corporations are more resilient to any slowdown due to higher interest rates.

The challenge with PEG ratio is the quality of the earning forecast. Given that in an ever changing macro environment , even the best of the forecast for any business can go wrong which may impact other elements which lead to some unexpected changes. But even after all the challenges, it is worth the effort to look at this ratio before investing, especially at times when decisions are being more governed by bullish sentiment than fundamentals.

Earlier this month, Reliance Industries had announced KKR's investment of Rs 2,069.50 crore in RRVL, the holding company of the retail business of billionaire Mukesh Ambani-led group, for a 0.25 per cent additional stake at a valuation of about Rs 8.36 lakh crore.

Amid expectations that US interest rates will stay high well into next year, Indian equity markets closed in the red on Friday with the BSE Sensex declining 221 points or 0.33%, while its NSE counterpart Nifty50 closed below the 19,700 level. "Nifty has now fallen below the critical 21-day Exponential Moving Average (21-EMA). The sentiment appears bearish at this point, with a key support level identified at 19,600. A breach below 19,600 could potentially initiate a more significant market correction. On the upside, 19,800 is expected to serve as a resistance level," Rupak De, Senior Technical analyst at LKP Securities.Here are 7 stock recommendations for Monday:

After remaining under pressure for a long time, analysts are forecasting a comeback of Utilities and Gas stocks. IGL is back on the radar and so is GSPL. Is this because of the fact that analysts are expecting that markets are going to be volatile in coming months and shifting back their focus to companies where earning streams don't see sharp swings or the valuation readjustment is over.

"An arithmetic scale, also known as a linear scale, is the simplest and most intuitive. It represents data in equal intervals, where each unit on the scale has the same numerical value. For instance, a change from 1 to 2 is equivalent to a change from 1000 to 1001. In simple terms, it maintains a consistent spacing between data points."

When valuations are high and sentiments are bullish and earning season is very close, it would be better to add the words like portfolio rejig, caution, fundamentals and valuations to one’s thought process while buying stocks. Refinitiv’s Stock Report Plus which lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".

In the past, the government has missed targets set for prior financial years, the most recent being the Rs 1.75 lakh crore target for FY22, which was revised downwards to Rs 78,000 crore in the revised estimates. The actual proceeds for FY22 were at a meagre Rs 14,638 crore, primarily owing to the disruptions caused by the Covid-19 pandemic.

Mayank Mehra, smallcase, manager and principal partner at Craving Alpha,believes that strong economic growth prospects, attractive valuations, and government reforms could support foreign investment flows in the next month.

Stocks that were in focus include names like Gujarat Ambuja, which rose 6%, Berger Paints closed with gains of more than 6% to hit a fresh 52-week high and Indian Bank, which closed with gains of about 4% to hit a fresh record high on Friday.

Foreign portfolio investors, which turned sellers in the domestic market early this month, remained so in the week gone by. So far in September, they have net sold Indian equities worth Rs 10,164 crore, according to NSDL data. In the cash market, FII sold shares to the tune of Rs 18,260 crore, so far this month.

From the top-10 pack, Reliance Industries, HDFC Bank, ICICI Bank, Infosys, ITC, State Bank of India, Bharti Airtel and Bajaj Finance were the laggards while Tata Consultancy Services (TCS) and Hindustan Unilever were the gainers.

The ex-dividend date is when the price of the equity shares of a company gets adjusted for the dividend payout. It is one or two working days before the record date. All the shareholders whose names appear in the company's list by the end of the record date will be eligible to receive dividends.

MarketSmith has a positive view on six stocks that it believes are near the buy point. These stocks include Tata Motors DVR, Triveni Turbine, and MRF. Take a look