​​"A meeting of the Board of Directors of Tata Consultancy Services Limited is scheduled to be held on Wednesday,​ April 12, 2023, to approve and take on record the audited standalone and consolidated financial results of the Company under

​Meanwhile, foreign investor Societe Generale has bought 1.7% of the company, according to bulk deal data available with NSE.

"In the meeting held on March 31, 2023, the Board considered and approved the allotment of 1,75,93,294 equity shares at a price of Rs 12 per equity share (including a premium of Rs 2 per equity share) (allotment)," it said.

PVR is majority owned by the public with 52.69% stake, while promoters own 47.31%. Phoenix Mills is among the companies with highest foreign shareholding at 29.27%. Mutual funds, meanwhile, have about 17.55% stake in the company.

A stock split is usually done to increase the liquidity of the stock in the market. On the ex-split date, investors holding the stock until the record date will receive the new shares in Demat accounts, and the stock price will be adjusted according to the split ratio.

The Nasdaq is set for its biggest quarterly percentage gain since the end of 2020 as investors shifted toward major technology and growth stocks from financial stocks amid fears of a bank contagion, while the cyclicals-heavy Dow Jones is in the red.

Further, MCX submitted its observations to Sebi in June 2018 and conducted a detailed examination to find out whether certain connected entities intended to corner the market on long side in mentha oil contracts thereby violating the position limits as prescribed by the regulator.

The scope of the examination was specifically to ascertain whether Dhoot violated the provisions of LODR (Listing Obligations and Disclosure Requirements) rules and provisions of listing agreement in respect of the submissions that were required to be made by Videocon Industries to the stock exchanges.

It is "early days yet in terms of assessing whether we really have gone as far as we need to go," Collins said in an interview on Bloomberg Television following the release of data showing consumer spending was basically flat in February after a large jump in January.

The Dow Jones Industrial Average rose 42.93 points, or 0.13%, at the open to 32,901.96

That's the read from traders of futures contracts tied to the Fed's policy rate after the U.S. government reported a slight easing in a key gauge of inflation that suggests the U.S. central bank's year-long effort to ease price pressures is making some headway.

The year was marked with high inflation, coupled with big events, including the Russia-Ukraine war, Adani Group saga and banking crisis in the US towards the fag-end of the year, which impacted the market the most.

By providing such a facility, they exposed their clients to the risk involved in trading in a product that did not have regulatory approval. The acts by the brokers raised doubts about their competence to act as registered securities market intermediaries, the orders noted.

In the last few months, Nifty experienced a decline of 2.2% compared to a gain of about 19% in FY22. On the other hand, the top 5 Nifty PSU Bank stocks have performed exceptionally well, with revenues ranging from 60-110 per cent in FY23. Watch this video to know more.

In the last week of FY23, the Ministry of Defence (MoD) has approved a number of orders, benefitting PSUs such as Bharat Electronics, Bharat Dynamics and Garden Reach Shipbuilders & Engineers. Most of these orders have been under the Indian-IDMM category, in line with the government’s focus on indigenisation, hence, ICICI Securities expects consequential benefits for downstream companies in radars, instrumentation and surveillance systems.Here's a list of buy-sell ideas from ICICI Securities:

Here is a look at the interest rates on various small savings schemes for the first quarter of FY 2023-24.

The aim of Hybrid funds is to balance the risk-reward ratio, thereby, optimising the return on investments.

Nifty as per weekly chart formed a long bull candle, which indicates a sharp reversal in the market on upside. After declining continuously for the last three months a doji type candle pattern was formed as per monthly time frame chart. This is a positive signal as per long term charts.

The Securities and Exchange Board of India (Sebi) has extended the compliance requirement for large corporates to raise at least 25% of their incremental borrowings through debt securities to a contiguous block of three years from the present two years. This decision comes after the board of Sebi allowed the proposal. Previously, large corporates needed to mobilize a minimum of 25% of their borrowings through the issue of debt securities in a financial year, which had been mandated over a contiguous block of two years.

Meanwhile, foreign institutional investors were net sellers of Indian equities for the second consecutive financial year. They net sold shares worth Rs 40,413 crore this fiscal.

Meanwhile, Morgan Stanley places India at the 7th spot in terms of market allocation among APxJ/EM (Asia Pacific ex-Japan / Emerging Markets). The US-headquartered investment bank and financial services company is ‘Overweight’ (OW) on China, South Korea and Taiwan.

Shares of India's most valuable firm Reliance Industries climbed nearly 5% to Rs 2,343 in Friday's trade on BSE after the company initiated the process to demerge its financial services business by calling for a meeting of creditors and shareholders. A meeting of the creditors and shareholders of Reliance Industries will be held on May 02, 2023, to consider and approve the proposed scheme of arrangement between Reliance Industries and Reliance Strategic Investments (RSIL). After the demerger, the name of Reliance Strategic Investments shall be changed to Jio Financial Services.

"While the UPI block mechanism to allow trading with funds lying in the bank account is optional for brokers, the ability to collect fees from CC and potentially lower regulatory burden due to non-handling of client funds would probably mean that most brokerages will offer it," Kamath said.

Closing Bell: Sensex ends 1031 pts higher on the last day of FY23; Nifty above 17,350. RIL jumps 4 %, Infosys and Tata Motors gain 3% each.

As many as 33 companies will see the expiry of pre-IPO lock-ins in the next three months. A lock-in is a time period under which existing shareholders cannot sell their investments to avoid volatility in the stock.

"Nifty valuations are now reasonable and this has prompted FIIs to turn buyers in the last two days. The market is oversold and this can lead to short-covering and a tactical rally in the near-term," said Dr. V K Vijayakumar of Geojit Financial Services.

A meeting of the creditors and shareholders of Reliance Industries will be held on May 02, 2023, to consider and approve the proposed scheme of arrangement between Reliance Industries and Reliance Strategic Investments (RSIL). After the demerger, the name of Reliance Strategic Investments shall be changed to Jio Financial Services.

According to the regulator, the framework aims at giving benefits such as interest on the blocked funds in a client’s savings account till the time the amount is debited.

As per Trendlyne data, the average target price of the stock is Rs 61, which shows a downside of 10% from the current market prices. The consensus recommendation from two analysts for Rail Vikas Nigam is a strong buy.

"Nifty valuations are now reasonable and this has prompted FIIs to turn buyers in the last two days. The market is oversold and this can lead to short-covering and a tactical rally in the near-term," said Dr. V K Vijayakumar of Geojit Financial Services.

"Nifty valuations are now reasonable and this has prompted FIIs to turn buyers in the last two days. The market is oversold and this can lead to short-covering and a tactical rally in the near-term," said Dr. V K Vijayakumar of Geojit Financial Services.

Incremental rate hikes from these two key central banks will depend on how incoming macro data and financial markets conditions evolve over the next few weeks and months, said Lakshmi Iyer, CEO-Investment & Strategy, Kotak Investment Advisors.

Investors will closely monitor flash estimates of euro zone inflation data, which is expected to show a moderation in consumer price growth in March on a yearly basis.

"Nifty valuations are now reasonable and this has prompted FIIs to turn buyers in the last two days. The market is oversold and this can lead to short-covering and a tactical rally in the near-term," said Dr. V K Vijayakumar of Geojit Financial Services.

After facing many headwinds in the last three years, starting from Covid and then sudden spike in oil prices, logistic companies are once again making back on the buy list. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.

Further, for the Indian Navy, contracts for Software Defined Radio (1,265 units), HD VLF HF Receiver (1,178 units), and Sarang (12 units), were signed. Sarangs will be installed on Kamov 31 helicopters of the Indian Navy which intercepts, detects and identifies the radar emitters comprising state-of-the-art technologies.

Brimonidine Tartrate Ophthalmic Solution is an alpha-adrenergic receptor agonist indicated for the reduction of elevated intraocular pressure (IOP) in patients with open-angle glaucoma or ocular hypertension.

The interim dividend outgo will be Rs 37.66 crore, the company said in its filing to the exchanges. "The record date for reckoning the shareholders who shall be entitled to receive the said dividend shall be Friday, March 31, 2023," the release said.

SME collected this amount through 125 issues during FY 2022-23 versus Rs 965 crore collected from 70 IPOs in 2021-22. The largest SME IPO was of Rachana Infrastructure (Rs 72 crore), according to primedatabase.com - a database on the primary capital markets.

Adani Group has attributed the Tuesday, March 28, 2023 fall in its stocks to 'The Ken' report captioned “The Adani Group wants you to believe it has repaid all its loans against promoters. Here’s why you should not”.

On Thursday, Adani Group via an exchange filing urged the stock exchanges to “take appropriate actions against such agencies whose actions are prejudicial to the interests of the investors at large,” it said.

A meeting of the creditors and shareholders of Reliance Industries will be held on May 02, 2023, to consider and approve the proposed scheme of arrangement between Reliance Industries and Reliance Strategic Investments (RSIL). After the demerger, the name of Reliance Strategic Investments shall be changed to Jio Financial Services.

The S&P BSE Sensex stock hit a fresh 52-week high of Rs 7,599 on 29 March 2023. The stock is up more than 2% in a week and over 4% in a month.

Stocks such as Rama Steel Tubes, Filatex Fashions, Indianivesh, Magnum Ventures, Euro Asia Exports, Madhusudan Securities, Imagicaaworld Entertainment, Abhirami Financial Services, Tirupati Tyres, Soma Textiles, and Deep Diamond India have gained over 100-700% from the March 2022 levels.

A dividend is a share of profits and retained earnings that a company pays out to its shareholders. According to StockEdge data, 10 PSU stocks are paying consistent dividends to their investors and have paid dividends up to 32 times since 2011. These stocks include NTPC, Power Grid Corporation, Oil India and ONGC.Here is a list of 10 PSU stocks that paid dividends up to 32 times since 2011, according to StockEdge data:

"Nifty valuations are now reasonable and this has prompted FIIs to turn buyers in the last two days. The market is oversold and this can lead to short-covering and a tactical rally in the near-term," said Dr. V K Vijayakumar of Geojit Financial Services.

“After 4 back-to-back series of losses, there is some bounceback expected in the market, but we aren’t going to see any runaway rally,” said Rajesh Palviya, vice president - technical and derivative research, Axis Securities.

From the Sensex pack, HCL Tech, Reliance and Tech Mahindra were the top gainers, rising over 2%. ICICI Bank, Power Grid, Nestle, M&M and Tata Steel also opened with gains.

Sensex rallies over 550 points, Nifty above 17,200; Nestle gains 3%, RIL 2%; Future Consumer, BEL, Cochin Shipyard are some of the top gainers in monring trade.

Since it’s the beginning of the new series, Options data is scattered at various far strikes in the monthly series. On the Options front, the weekly maximum Call OI is at 17000 and then towards 17500 strikes while the maximum Put OI is placed at 17000 and then towards 16800 strikes.