Sectorally, buying was seen in power, utilities, FMCG and some infra stocks while selling was visible in IT, metals, public sector and telecom stocks. Stocks that were in focus include names like South Indian Bank which was up more than 6% to hit a fresh 52-week high, Gabriel India rallied more than 10% and BF Utilities closed with gains of more than 3% on Friday.

Picture this: You’re eager to trade stocks, and while traditional brokers offer personalized advice and cozy coffee meetups, they also come with high commissions.

Picture this: You’re eager to trade stocks, and while traditional brokers offer personalized advice and cozy coffee meetups, they also come with high commissions.

Though the model has been quite robust, the insurance industry is reinventing itself to new heights where it is going through a profound change and transformation primarily driven by technological advancements focusing on enhancing the customer experience at each touchpoint. Insurance companies are leveraging their industry experience and the new age of innovative advancements to provide their customers with more personalized and customizable product solutions and related services.

The shares of Jio Financial will start trading on the exchanges starting Monday, following the demerger from Reliance Industries. Here are key things to know about the big event.

From the top 10 pack, Reliance Industries, Hindustan Unilever and Infosys were the gainers while Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, ITC, State Bank of India, Bharti Airtel and Bajaj Finance saw a decline in their valuation. The market valuation of TCS tanked Rs 29,894.45 crore to Rs 12,32,240.44 crore. HDFC Bank's valuation declined by Rs 19,664.06 crore to Rs 12,02,728.20 crore.

The Securities and Exchange Board of India (Sebi) has been continuously engaged in strengthening the regulatory framework as well as in easing the process for these two products. To streamline the process of public issues of REITs and InvITs, the time taken for allotment and listing after the closure of the issue was reduced from 12 to six working days.

After being in the front leading the stock market rally during covid, software stocks have been witnessing correction in their valuations for more eighteen months. In August 2021, they had “ buy and strong buy” written all over it. It appeared that nothing wrong could happen with the software sector when it comes to the demand pipeline. By August 2023, more than half the companies have “ hold or sell “ recommendations. Neither expectation of 2021 turned correct, neither the fear of 2023 may turn correct

According to the shareholding pattern available with the exchanges, Excorts Kubota promoters own majority of the stake at 67.64%, while the rest of 30.40% lies with the public shareholders. Among the public shareholders, mutual funds own about 8.13% stake in the company, while foreign portfolio investors have 5.19% stake. The company is backed by Rekha Jhunjhunwala with 1.62% stake

Given the huge difference in what is value and what looks cheap due to one financial ratio, more often than not, relying on PE may lead to wrong investment decisions. PE ratio is one of the most overused and misused ratios, it is used by all and sundry to justify their valuations and create a mirage of value. Right from investor presentations to research reports, one finds its mention everywhere. Is there an alternative to it ?

Analysts say investors should wait and watch for some correction before any fresh buying, despite promising prospects for the long term. "They have got prime properties and the market is expecting some kind of monetisation, which is one of the reasons why the stock has spiked. But when will that happen and what is the modus operandi, we have to wait and see," said Avinash Gorakshakar of Profitmart Securities.

In today's world, financial independence is more than just a luxury; it's essential for a fulfilling and enjoyable life. Far from being just about money, it provides a profound sense of freedom and empowerment. Not to mention, it offers peace of mind and the autonomy to chase one's dreams and desires.To truly achieve financial independence, a consistent source of income is paramount. Once that's secured, the following 12 measures can pave your way to financial freedom:

"In high premium situations, you can use the concept of spreads and sell an out-of-the-money (OTM) option for both the call and put to offset some premium. However, this comes with a capped profit. For instance, in the previous scenario, you can sell a 19450 put for 24.5 and a 19850 call for 57.5, reducing your premium by 82 points. This is known as the Iron Fly strategy. The payoff graph for Iron Fly looks like this:"

Last four weeks, words like “ below estimates' 'have been heard on the Street multiple times. Given that valuations are not very cheap, any disappointment in the quarterly numbers has brought in corrections in the stock prices. Also given the fresh headwinds which have emerged in the global markets, right from the US banking sector to continued slowdown in China. focus might once again shift to large caps. ET screener powered by Refinitiv’s Stock Report Plus lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy"

As the whole landscape for the auto sector changes, select auto ancillary stocks are coming back on the attention list. Last week an auto ancillary major announced the opening of two plants for Electric Vehicle space only. Probably this is just the beginning, more auto ancillary units would be announcing it sooner than later. We take a look at companies where analysts are projecting further upside in the next 12 months. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list

The South American nation, which earlier attracted bond investors and carry traders with one of the world’s most aggressive monetary tightening, is now luring equity buyers with an early start to cutting rates. Thus, it is more of a “tactical” opportunity, said Dorson

An index tracking total returns from select agricultural producers has outperformed the broader MCSI World Index by about three percentage points since the start of July, data compiled by Bloomberg show. The industry has outperformed as a gauge of food commodity prices posted its biggest gain in 16 months last month

"Macroeconomic indicators, trends in global stock markets, and Foreign Institutional Investors' (FIIs) activities will be pivotal in shaping market trends in the coming days," said " Pravesh Gour, Senior Technical Analyst, Swastika Investmart, while highlighting the movement of rupee against the dollar along with the listing of Jio Financial Services on Monday, August 21.

From Jio Fin Services listing to IPO action, there are some important triggers to watch out for week starting August 21. There are other key global and domestic cues to watch out for next week. Watch the video to know more.

After remaining under pressure for a long time, analysts are forecasting a comeback of Utilities stocks. IGL is back on the radar and so is GSPL. For the purpose of this report, we have selected stocks wherein the count of analysts is at least 20 and the average stock report plus score is a minimum of 7. The reason for having a minimum count of analysts for a particular sector is because higher coverage by analysts indicates higher institutional interest in individual stock. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.

After remaining under pressure for a long time, analysts are forecasting a comeback of Utilities stocks. IGL is back on the radar and so is GSPL. For the purpose of this report, we have selected stocks wherein the count of analysts is at least 20 and the average stock report plus score is a minimum of 7. The reason for having a minimum count of analysts for a particular sector is because higher coverage by analysts indicates higher institutional interest in individual stock. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.

Global investors are also wary of the effects of China's weakening economy, which has added to worries about inflation and high interest rates in Europe and the United States. On Friday, European stocks mostly fell and the S&P 500 was flat. The U.S. benchmark index is on track to record its third consecutive weekly decline.

The latest transaction will ascribe a valuation of Rs 17,000 crore to CaratLane. The deal ranks as the second largest exit for an ecommerce founder in India after Flipkart founders Sachin Bansal and Binny Bansal sold their stakes to Walmart.

Global investors are also wary of the effects of China's weakening economy, which has added to worries about inflation and high interest rates in Europe and the United States. On Friday, European stocks mostly fell and the S&P 500 was flat. The U.S. benchmark index is on track to record its third consecutive weekly decline.

While last week nifty did witness corrective movement. While the overall trend is still bullish and valuations are still at elevated levels. In such times, it would be better that while looking at stocks one should also focus on reducing the risk by taking a hard look at some numbers which are critical indicators. Refinitiv’s Stock Report Plus which lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “hold” or “buy” or "strong buy".

The lender will be offering 9.1% interest rate on bonds with 24 months maturity while the rate will be higher at 9.7% for 60 months. The issue will open on August 24 and will remain open for subscription till September 6.

The stocks which enjoy a high growth potential and having at least a neutral market outlook with the latest overall average score of 4 and above are considered for selection. The average score of Stock Report Plus is based upon five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum.

While last week nifty did witness corrective movement. While the overall trend is still bullish and valuations are still at elevated levels. In such times, it would be better that while looking at stocks one should also focus on reducing the risk by taking a hard look at some numbers which are critical indicators. Refinitiv’s Stock Report Plus which lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “hold” or “buy” or "strong buy".

Five Nifty companies saw earnings per share (EPS) downgrades of over 5% for FY24 following their Q1 earnings. EPS is an important financial measure, which indicates the profitability of a company. It is calculated by dividing the company’s net income by its total number of outstanding shares. It is a tool that market participants use frequently to gauge the profitability of a company before buying its shares. The higher the earnings per share of a company, the better its profitability. (Data Source: MOFSL)

Technically, the markets needed a correction, and it appears that in the upcoming week, the support zone between 19,100 and 19,200 would be important to watch out for Nifty. A zone of resistance would continue to exist between 19,500 and 19,600 on the upswing. Being ready for a turbulent trading week, especially with the technical indicators also pointing in that direction.

The mounting worries have sent equity benchmarks in Hong Kong and China to their lowest levels since November, with the Hang Seng Index entering a bear market on Friday. And with the country’s dominant status in the global supply chain, the concerns have also started to hit investor sentiment in Europe and the US, with stock markets in both regions experiencing their biggest pullback since March.

The mounting worries have sent equity benchmarks in Hong Kong and China to their lowest levels since November, with the Hang Seng Index entering a bear market on Friday. And with the country’s dominant status in the global supply chain, the concerns have also started to hit investor sentiment in Europe and the US, with stock markets in both regions experiencing their biggest pullback since March.

The S&P 500 Index fell below its average price over the last 50 days on Tuesday for the first time in more than three months, while global bond yields reached their highest levels in 15 years this week. Investor sentiment also took a hit on news of China’s property crisis and troubles in its shadow banking system

“There are still significant amounts of macro uncertainty keeping investors away, and liquidity is still thin,” said Noelle Acheson, author of the “Crypto Is Macro Now” newsletter and former head of market insights at Genesis Trading. “Bottom line, there’s not yet enough conviction.”

On the other hand, the profitability witnessed an adrenaline rush, recording the highest yearly growth of 33% in six quarters. The companies have reaped benefits from the decline in input costs, resulting in the expansion of margins.

But signs of a resilient economy and cooling inflation drew investors off the sidelines and bolstered risk appetite in the months that followed, fueling a nearly 14% rise in the S&P 500 this year. The upshot, some believe, is that there is now less cash on the sidelines to drive further gains and fewer skeptical investors to win over.

Market sentiment has been hit since the hawkish remarks on inflation by the Reserve Bank of India, and this got further dampened by the US Federal Reserve’s view that interest rates may need to harden further to bring down inflation.

Shriram Housing Finance plans to triple its asset under management (AUM) to INR 30,000 crore by FY2026 with Vision 2026 plan. The company plans to double the branch network and manpower count in the next two-and-a-half years. It also plans to launch approved project finance and loans for under-construction properties in FY24-25.

Amara Raja Batteries has topped the list of Indian Nifty 500 companies with the widest gap between CEO and median employee salaries, paying its CMD over ₹52 cr, 1,872 times the median employee salary. Small and mid-cap promoter-driven companies, such as Amber Enterprises and JK Paper and Balkrishna Ind, were also featured. The CEO pay hike across some firms was higher than that seen in employee remuneration.

India's finance secretary, T.V. Somanathan, has said that the slowing Chinese economy is unlikely to have much of an impact on India's economy, and the government will continue with its capital expenditure push. The Chinese economy is suffering after retail sales, industrial output and investment data came in much lower than expected. Five major brokerages have now cut China's growth forecast for this year.

In a statement, the finance ministry noted that officials from the MSME ministry also attended the meeting.

The risk of a 'real Lehman moment' occurring in China is increasing due to a growing shadow banking crisis in the country, warned Chris Wood, Jefferies' global strategist. Chinese asset manager Zhongzhi's failure to make interest payments is likely just the beginning, Wood said in a newsletter. Another significant concern is that Chinese equities remain a value trap. Furthermore, the anti-corruption campaigns initiated by President Xi Jinping have dampened entrepreneurial spirits, along with last year's Covid-19 lockdowns.

"The company is not engaged in talks with TAQA for their investment in the company," Adani Energy Solutions said in an exchange notification on Friday.

“Standardised valuations would enable stakeholders to make well-informed decisions, instil confidence in the resolution process, and maximise value for all parties concerned in the resolution of distressed enterprises,” Ravi Mittal said in an IBBI publication.

Megacap technology-related growth stocks dipped, with Alphabet down 1.9% and Tesla falling 1.7%, as investors fretted that interest rates could stay higher for longer.

According to a BSE circular, the stock will trade in the trade-for-trade segment for the first 10 trading sessions. In the trade-for-trade segment, shares cannot be bought and sold on the same day.

An NBFC licence would allow fintechs to offer loans from their own books, thereby build an asset base. Without this licence, they remain confined as marketplaces to source loans for banks and other NBFCs.

The move protects it from creditors in the US while it works on a restructuring deal elsewhere. The Chinese homebuilder's Chapter 15 petition references restructuring proceedings being carried out in Hong Kong and the Cayman Islands.

Traders see a nearly 91% chance of the Fed holding rates at current levels at its September meeting, according to the CME Group's FedWatch tool. The tech-heavy Nasdaq is set to post the biggest weekly declines of the three major indices, down 3% so far.