Since December 22, the stock is showing a continuous downtrend, the price has trimmed more than 10% in this period. So, after the result, some recovery is expected in this IT giant. Technically there is a major support level of Rs 1350, and any unexpected outcome from the results can retest the price to its support level.

China on Thursday reported consumer price falls in December and a larger-than-expected drop in factory gate prices - underscoring the weakness in demand that investors are betting will recover over the coming months.

In a meme stocks frenzy nearly two years ago, retail punters bid up Bed Bath & Beyond's shares by banding together on online forums, costing bearish hedge funds billions of dollars.

Among sectors, real estate and consumer discretionary were the day's strongest performers, while Microsoft, Amazon.com and other mega-cap growth names gave the S&P 500 its biggest boost.

The microfinance book which the company started last September forms 3 per cent of the loan book and the recently launched personal loans is about 0.2 per cent, the company's Managing Director Jairam Sridharan told PTI on Wednesday.

The central bank also said that no request for cancellation of bids will be entertained after the close of the auction window.

The full divestment value is about ₹450-₹475 crore, according to Centrum Capital, which advised on the deals. Centrum Capital is the investment banking arm of the Centrum Group. Axis Asset Management Company, which runs the AIF, did not respond to ET's query. IIFL Asset Management Company did not want to comment. The deal marks renewed investor interest in the insurance space, which was badly hit by the pandemic.

"The market thinks the Fed is playing without a playbook, since their forecasts have been wrong before and they've downplayed them in the past,"' said Marc Chandler, chief market strategist at Bannockburn Global, who's been working in financial markets since 1986. Investors judge that the US is "headed for a recession, and that the Fed doesn't quite yet get it."

SBI's offer to sell this account comes even as the Orissa High Court, for the second time, stayed initiation of the insolvency process against Visa after the Cuttack bench of the National Company Law Tribunal (NCLT) had admitted the borrower for commencement of bankruptcy proceedings, acting on a plea by Punjab National Bank (PNB) late November.

The IPEF authority, which falls under the Ministry of Corporate Affairs (MCA), plans to introduce a green channel through which investors will be able to instantly verify their know your customer (KYC) documents on the IPEF portal. This can be done by virtual verification of documents, such as the Aadhaar card or the passport.

In a letter addressed to the Association of Mutual Funds in India (Amfi), the capital markets regulator said, "Based on feedback received from stakeholders, it has now been decided that mutual funds that have an existing actively managed open-ended ELSS scheme may launch passively managed open-ended ELSS scheme after stopping fresh inflows/subscriptions to existing open-ended ELSS scheme."

"We have been receiving requirements from ecosystem with regard to NRI accounts and other permissible accounts having international numbers to be allowed to transact in UPI," said the NPCI circular addressed to all members participating in UPI. "Member banks have to ensure that accounts are only allowed as per the FEMA regulations."

An analysis by brokerage house Motilal Oswal said private banks could report profit growth of 28% while the loans could rise upward of 18%. State-run banks, courtesy the lower base, will show optically higher profit growth at 44%.

Short-term traders can look to buy the stock now or on marginal dips for a target above Rs 100 in next 3-4 weeks, suggested experts

A REIT is a company that owns, operates, or finances income-generating real estate assets. Typically, several large investors pool in to buy units of these companies and earn a 'distribution yield' based on the income generated on the underlying assets.

The brokerage said one round of tariff hikes has already been factored in and there is a risk of further increases being postponed until after the general elections in 2024. "Competition may increase with Jio getting aggressive in the postpaid market and potential entry of Adani in 5G/B2C apps," said Salgaonkar.

At 10:05 a.m. ET, the Dow Jones Industrial Average was up 100.21 points, or 0.30%, at 33,804.31, the S&P 500 was up 19.72 points, or 0.50%, at 3,938.97, and the Nasdaq Composite was up 69.58 points, or 0.65%, at 10,812.21.

The central bank also said that no request for cancellation of bids will be entertained after the close of the auction window.

“L&T Finance Holdings had given a breakout from a falling trendline resistance on the weekly charts in the month of November 2022. Post an upmove, the stock witnessed a pullback move in December as the broader markets witnessed some correction,” Ruchit Jain, Lead Research, 5paisa.com, said.

HUL has completed the acquisition of 51 per cent shareholding of Zywie for a total consideration of Rs 264.28 crore for the first tranche, in accordance with the terms and conditions of the definitive agreements dated 8th December 2022," according to a regulatory filing.

With no clear direction, indices ended flat in Wednesday’s trade with a negative bias. Nifty settled with a minor cut at 17,896. Hindalco, Sun Pharma and BPCL led the list of Nifty gainers.“The daily RSI is in bearish crossover on the daily timeframe, suggesting sluggish momentum. Over the short term, the trend is likely to remain sideways or negative. On the higher end, resistance is visible at 18,000/18,250. On the lower end, support is visible at 17,800,” Rupak De, Senior Technical Analyst at LKP Securities, said.Here are stock recommendations for Thursday:

The microfinance book which the company started last September forms 3 per cent of the loan book and the recently launched personal loans is about 0.2 per cent, the company's Managing Director Jairam Sridharan told PTI on Wednesday.

The Dow Jones Industrial Average rose 49.93 points, or 0.15%, at the open to 33,754.03

Individually, the regulator has slapped a fine of Rs 5 crore each on BRH Wealth Kreators and BRH Commodities and Rs 1 crore on Anubhav Bhatter, who was the director of the two companies and also held significant beneficial interest in these firms. These three entities have been prohibited from the securities markets for seven years.

​The stock’s 52-week low and high prices are Rs 67 and Rs 112, respectively. Currently, the share is trading 49% higher than its 52-week low price.In the quarter ended September, FIIs also raised stake in the stock to 7.55% from the earlier 5.76% in the June quarter

Benchmark index Sensex closed flat while tipping a little over the negative terrain. It ended down by about 10 points to 60,105 on Wednesday. During this choppy trade, six stocks from the BSE 200 index slipped to touch their new 52-week lows.The 52-week low is the lowest price a stock has traded during the last one year. Some traders and investors use this technical indicator as an important factor to analyse a stock’s current value and to predict its future price movement

Indian shares finished a choppy session lower on Wednesday, as traders awaited domestic and US inflation data later this week for cues on central banks' interest rate-hike plans. The Nifty 50 index was down 0.1% at 17,895.70 at close, while the S&P BSE Sensex declined 0.02% to 60,105.50. Here are the stocks that were in focus today:

Nifty has repeatedly been testing the support of 17,800 levels by forming lower highs. The market action of the last 2-3 weeks also signals the formation of a triangle type pattern and Nifty is now placed at the lower end of a triangle, said Nagaraj Shetti of HDFC Securities.

Nifty50 index ended 18 points or 0.10% lower at 17,896, while S&P BSE Sensex fell 10 points or 0.02% to settle at 60,105

In a highly volatile trade, equity benchmarks ended on a flat note on Wednesday amid unabated foreign fund outflows and a weak trend in index heavyweight Reliance Industries. Continuing its previous day decline, the 30-share BSE Sensex dipped 9.98 points or 0.02 per cent to settle at 60,105.50. During the day, it declined 309.7 points or 0.51 per cent to 59,805.78. The broader NSE Nifty skidded 18.45 points or 0.10 per cent to end at 17,895.70.

The smallcap index has gained about 2% so far in the current fiscal year, while Sensex was up by 2.6%. Though the smallcap index ran out of steam, 29 of its stocks have turned multi-baggers. From the list, 10 stocks have gained over 150% so far in FY23 (Data Source: ACE Equity). Interestingly all these stocks have more strengths than weaknesses in SWOT analysis, according to Trendlyne.com. Take a look.

Grey market hints for a decent show on the listing day and considering the market mood and low interest, we expect a listing premium of 10-12% above its issue price of Rs 65. On valuation per se, the issue is fully priced-in, discounting all the near-term growth. Hence, decent listing gain can be justified," Tapse added.

The global brokerage added that for Airtel to defend its market share it would have to increase its capex and match Reliance Jio’s in order to not fall behind the market leader on 5G rollouts. “This will drive lower free cash flows and declining ROICs for Bharti.”

In the fiscal year 2022 (FY22), the stock brokerage firm Zerodha’s net profit increased 87% to Rs 2,094.3 crore from Rs 1,122.3 crore in FY21, while operating revenue jumped to Rs 4,963.7 crore from Rs 2,728.9 crore in the same period, according to its audited financial statement filed with the Ministry of Corporate Affairs (MCA).

Overnight, the tech-heavy Nasdaq led gains for all of the three main U.S. stock indexes, with investors taking cheer after Federal Reserve Chair Jerome Powell refrained from talking about interest rate policy in his first public appearance of 2023.

Adani Wilmar saw strong volume growth across segments in Q3, the company said in a BSE filing. The company posted high-single-digit growth in edible oil volumes, while the growth was in low-single digit in value terms during the quarter.

Initially, only a portion of the capital commitment is to be paid upfront and the balance amount is to be paid in installments as and when a drawdown is triggered.

Mukherjea-run Marcellus Investment Managers' two other funds - smallcap Little Champs and multi-cap Consistent Compounder funds - lost 10.55% and 8.8%, respectively, shows data pulled from PMSBazaar.

As the number 'Naatu Naatu' from 'RRR' was named the Best Original Song in Motion Picture category at the Golden Globes 2023, actor Ram Charan took to social media to express his excitement. Talking to AP Ram Charan said the work he and co-star NT Rama Rao Jr. put into "NaatuNaatu" all paid off."

After beating most Asian and emerging market peers last year, India’s $3.4 trillion stock market is already overshadowed in 2023 as China’s reopening attracts global funds to the North Asian market after a record selloff.

Will the commodity prices surge once again after China gets past its worst covid wave and economic activity picks up. Recent trend in the price of select commodities may be holding the clue. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from the metal sector with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".

The stock hit a fresh 52-week high of Rs 161.90 on 9 January 2023. It witnessed some profit-taking on 10 January, but experts are of the view that the long-term trend is intact.

The overall risks in small caps stocks are higher as compared to other two segments, mid and large caps. Especially in the phase of correction they tend to take a hit more than other two segments. If one is looking at taking exposure in small cap stocks one should be ready to see a phase of underperformance before results of patience start to pour in.

Mukherjea-run Marcellus Investment Managers' two other funds - smallcap Little Champs and multi-cap Consistent Compounder funds - lost 10.55% and 8.8%, respectively, shows data pulled from PMSBazaar.

Mukherjea-run Marcellus Investment Managers' two other funds - smallcap Little Champs and multi-cap Consistent Compounder funds - lost 10.55% and 8.8%, respectively, shows data pulled from PMSBazaar.

JP Morgan is of the view that delayed price recovery is likely to impact telecom players. The global investment bank expects competitive 5G rollouts to gain momentum.

These include reduction in excess liquidity, higher value for CASA deposits, and shift towards relatively higher-margin loans and lower slippages driving lower interest income reversals,” Morgan Stanley said.

The financial services index has disappointed only in 2013 and 2015 in the last ten years. The calendar year 2014 turned out to be the best one so far when the index zoomed over 57%. In the last seven years, the index has given double-digit returns in 2017, 2018, 2019 and 2021.

A host of brokerage firms have buy recommendations on a number of counters. They see a strong potential for value unlocking in these companies, with a targeted upside of up to 58%. These stocks belong to various sectors such as banking, realty, auto component & equipment, household appliances and more. Here is a list of 10 money-making ideas that can rally up to 58%: