There is still plenty of good news to keep the rally going. Earnings from Wall Street heavyweights Amazon and Google-parent Alphabet have exceeded analysts expectations, though disappointing earnings from Apple sent the stock tumbling 4.8% on Friday.

Shares of Apple dropped 4.8% on Friday, resulting in a market capitalization of about $2.85 trillion. The day’s decline, Apple’s largest since September, represented a drop of more than $160 billion in market value. In June, Apple became the first company with a $3 trillion value.

A partial counterweight to Apple for the S&P 500 and Nasdaq was Amazon.com. Its shares rose 8.3% the day after the online retailer issued an upbeat third-quarter outlook. Amazon's rise were an 11-point positive for the S&P 500.

Providing clarity on initiation of the dispute resolution process, Sebi said that an investor will have to first take up his/her grievance with the market participant by lodging a complaint directly with the concerned market participant

The decision has been taken considering into account the recommendation of the Alternative Investments Policy Advisory Committee, the Sebi said in a circular. Under the rule, AIFs and VCFs have a time limit of six months from the date of prior approval from Sebi to making the allocated investments in offshore venture capital undertakings

Giving solid boost to the S&P 500 index, Amazon.com shares surged 10.9% after the company issued an upbeat third-quarter outlook. Apple's shares shed 3.1% as the iPhone maker forecast a continued slide in sales

ETMarkets has listed stocks from the midcap space that are highly volatile in nature as against the overall market. The returns of these stocks have been put down. (Source:StockEdge)

According to Dr. Poonam Tandon, Chief Investment Officer of IndiaFirst Life Insurance Company, fixed income instruments are a series of cash flows. They carry a fixed rate of return and maturity period. Fixed-income securities are issued by both government and private companies. They can be short or long-term. Those maturing before 365 days are known as money market securities. Long-term fixed-income securities have more than one-year maturity. Take a look at the top 10 factors affecting fixed income market:

The flexibility available with the central bank for targeting inflation, coupled with rising share of exports and easing oil prices have led to a benign outlook for the country’s CAD or current account deficit, according to Desai

Insurance companies feared they would breach investment limits prescribed for the financial sector after the merger if bonds of HDFC were classified under that segment.

The reports capped what has been a positive earnings season for most big US tech firms from Google-owner Alphabet to Meta, thanks to a pick-up in the digital ad market and improving demand for cloud services after a nearly year-long slump.

RIL has set August 21 as the record date to determine eligible shareholders for payment of dividend

Data shows the US economy added fewer-than-expected jobs in July

On Friday, benchmark index Sensex impressively gained about 480 points and concluded at 65,721. Amid this remarkable upward trend, 8 stocks listed on the BSE FMCG index achieved new peaks within the previous 52 weeks. The 52-week high is a critical technical indicator used to evaluate a stock's current value and predict potential price fluctuations. This figure represents the highest price at which a stock has traded over the course of the last year.

Fitch, a top-notch global rating firm, recently downgraded United States' credit rating. So what does the downgrade mean? How it's going to affect the markets and everything. Here's everything you need to know about the downgrade.

The hourly momentum indicator has also reached the equilibrium line indicating that the pullback has matured and can begin a new cycle on the downside, said Nagaraj Shetti of HDFC Securities.

The contract research and manufacturing serivces (CDMO) revenues rose 17% YoY to Rs 898 crore led by order inflow momentum and strong execution in Q1FY24.

This pattern is significant as it suggests a positive shift in market sentiment. The crossover indicates that the stock's recent price movements have gained strength, potentially leading to further price appreciation. Investors often consider the Golden Crossover as a buying signal, as it may signify the beginning of a sustained uptrend.

On August 3, Thursday, StockEdge reported 11 stocks that were trading in the overbought zone but exhibited bearish or declining RSI trends. ETMarkets has handpicked 5 stocks from the pack, delving into the significance of RSI and its impact on decision-making.

Insecticides (India), a leading agrochemicals company, showcased impressive market performance by crossing its 100-day SMA at Rs 457.99, with a closing price of Rs 464.55 on August 3.

Several prominent midcap stocks achieved new 52-week highs on August 4, indicating strong market performance and investor confidence. Abbott India, MRF, Astral, and others took centre stage, making a significant impact in their respective sectors.

On August 3, Thursday, StockEdge reported 18 stocks trending up, and ETMarkets has singled out 10 promising stocks from the list. This article explores RSI and its significance, offering an interactive and informative analysis of the selected stocks.

According to the bulk deals data with exchanges, Twin Star offloaded 15.4 crore shares or a 4.14% stake in the company. The transaction was done at a weighted average price of Rs 258, a 5% discount to Wednesday's close price.

According to a regulatory filing on Friday, the board of Brookprop Management Services Pvt Ltd approved issuance of up to 1,26,96,800 units of Brookfield India REIT at a price of Rs 315.04 per unit to Project Diamond Holdings (DIFC) Ltd on a preferential basis for consideration other than cash.

Indian shares closed higher on Friday, led by a bounceback in information technology (IT) stocks after their recent slide, while a report of a Blackstone investment in Cipla boosted pharma stocks. The Nifty 50 index closed 0.70% higher at 19,517, while the S&P BSE Sensex rose 0.74% to 65,721.25.

Despite Friday's rise, the benchmarks extended losses for the second week in a row, losing 0.66% each as weak China data and feeble global cues dampened the mood. From the Sensex pack, IndusInd Bank, Tech Mahindra, Wipro and Airtel were the top gainers, rising 2-3%. HCL Tech, Axis Bank, HDFC Bank, and Reliance Industries also closed with gains.

Tribhuwan Adhikari, the newly appointed managing director of LIC Housing Finance, said the jump in the bottomline was aided by high interest rates and low borrowing costs

On August 3, Thursday, StockEdge reported 40 stocks trading with RSI trending down. ETMarkets has cherry-picked 10 stocks from the pack that were still trading with RSI trending down

On August 3, Thursday, StockEdge data revealed that over 50 stocks were trading in an overbought zone. ETMarkets has handpicked 10 such stocks from the pack, providing an interactive and informative analysis in this article.

Metropolis Healthcare, a leading diagnostic company, displayed impressive market momentum by crossing its 200-day SMA at Rs 1368.74, with a closing price of Rs 1407.65 on August 3.

These major large, midcap stocks have given bearish signals, indicating that it may be time to sell the counters as the MACD crosses the signal line. The further above the zero line, the stronger the signal. Note: the data given here is from the previous trading day i.e. August 3. (Source: StockEdge)

The data was sourced from BSE at 2.05 pm, and the updates from the real-time data could come with a lag. The below data also pertains only to the time at which it was taken.

Under the preferential allotment, shares will be allotted to Tata Capital Healthcare Fund which post the preferential issue of equity shares own a 10.82% stake in the company.

Previous Close (August 3): Rs 663 | 52-week high: Rs 695Ashish Dhawan holds a 4.79% stake in the company, valued at around Rs 206 crore as of August 3, 2023.

ADX or Average Directional Index helps quantify signal strength. ETMarkets has listed down 3 stocks that are said to be in the trending phase as the ADX for these stocks has crossed 25 from below. Note the data is based on the previous trading day (August 3, 2023). (Source: StockEdge)

"We saw an opportunity with an attractive valuation at less than 1x P/B for a very solid bank with a strong management team. We will explore potential for synergies as well," M&M said in a release while announcing its quarterly numbers.

"We expect a revenue CAGR of 11% over FY23–25E driven by new products and network expansion. Recent launches such as Hunter 350cc and Meteor 650cc along with the upcoming line-up have the potential to rev up growth in the face of higher competitive intensity," Nuvama said.

According to Trendlyne data, promoters have increased pledged shares in these stocks quarter-on-quarter (QoQ) in Q1 (indicating higher loans taken out against stock). Hindustan Zinc has the highest QoQ rise in the promoter pledge. Its promoter, Vedanta, increased its pledged shares to 99.4% of its total holding. Here are the numbers.

EUROPE-STOCKS/ (URGENT)European stocks steady after three-day selloff

Sakar Healthcare's stock rose 20% on BSE as Tata Healthcare Fund purchased a 10.8% stake in the company via equity shares. Sakar Healthcare plans to use Rs 60 crore raised via the private placement of over 23,09,910 equity shares at Rs 259.75 per equity share to purchase land and building, and reduce debt. With Tata Capital Healthcare Fund now owning 10.82% of the company, the stock has delivered multibagger returns, rallying nearly 500% over the last three years. The RSI indicates overbought conditions, whereas the latest shareholding pattern shows 60.72% is owned by the promoters.

After being in the front leading the stock market rally during covid, software stocks have been witnessing correction in their valuations for more than two years. However, now a divergence is appearing, while large cap stocks are still under pressure, some mid and small cap stocks which work in niche areas have once again made a comeback. While Infy might have cracked after its Q1 result, some mid-cap and small cap witnessed a sharp rise post their result. Will this current strength in US dollar add to the tailwinds.

Blackstone may submit a non-binding bid next week for the Hamied family's stake in the company. This will formally start a process which could see the eventual exit of the Hamied family from the company they created in 1935.

Hong Kong-based CLSA too maintained a 'Buy' stance on the counter, arguing for a favorable risk-to-reward ratio. The stock jumped nearly 2% on the NSE to attain its day's high of Rs 482.

Amazon jumped 8.5% on the German market, echoing the steep rise in extended U.S. trading on Thursday after the company reported sales growth and profit that beat Wall Street's expectations, thanks to faster, cheaper deliveries to customers and to the recent headwinds in cloud-computing beginning to subside

Between March and July, FPIs have been net buyers of Indian equities in each of the five months, purchasing shares worth 1,553.08 billion rupees and triggering a 14.15% rise in Nifty 50 index.

Blackstone may submit a non-binding bid next week for the Hamied family's stake in the company. This will formally start a process which could see the eventual exit of the Hamied family from the company they created in 1935.

Paytm in an exchange filing said that the merchant payment volumes (GMV) for the month of July 2023 stood at Rs 1.47 lakh crore ($17.9 billion), marking a YoY growth of 39%. Its loan distribution business during the month marked a growth of 148% on-year, as it came in at Rs 5,194 crore ($632 million).

India's licensing requirement for imports of laptops, tablets and personal computers will ensure the security of its citizens, a source familiar with the matter told Reuters on Thursday, adding the decision complied with the World Trade Organization's requirements.

Providers of catalytic capital include governments, corporates, business owners, and investors who look to achieve a twin objective – a positive social/environmental impact followed by a financial return on investment. Business owners and wealthy individuals are increasingly taking responsibility for protecting the natural and social environment by contributing financial and human resources.