In the 12-pack index of all state-run banks, India's largest lender the State Bank of India (SBI) is the worst performer with a minor return of just around 3%. All other stocks in the index have given double-digit returns.

Adani Enterprises and Adani Ports, part of the flagship Nifty50 index, were the top gainers in the pack. Adani Enterprises traded at Rs 1,618, up 1.09% while Adani Ports rose 1.5% to Rs 602.25. On the other hand, Adani Green Energy, Adani Transmission and Adani Total Gas were locked in their respective 5% lower circuits.

The company’s price has been moving sideways between the peak of Rs 127 and swing low of Rs 108 in the past three months. Within the range, the price has formed lower highs, that suggest a capping of upside in price and now a breach of trendline support. All these can be collectively read as a range breakdown and make the stock a short-selling candidate in the short term.

The Adani Group has refuted a news report that it has not completed repayment of loans backed by shares worth $2.15 billion. The conglomerate said in a statement to exchanges late Tuesday it has completed 'full prepayment' of margin-linked share-backed financing aggregating to $2.15 billion. It also said all shares pledged for such loans have been released.

Vedanta Ltd on Tuesday declared a fifth interim dividend for the fiscal year ending March 31 even as the company's parent, Vedanta Resources, scrambles to secure fresh loans and refinance existing debt. The Indian natural resources company declared interim dividend of 20.50 rupees per share. The move comes days after a report said Chairman Anil Agarwal was weighing selling less than 5% stake in Vedanta. The company called the report "untrue and baseless".

The markets opened in the positive territory on Tuesday but could not hold on to the high point. The Nifty ended the day with a net loss. Wednesday is likely to be dominated by the rollovers on expiry of monthly derivatives series, as Thursday is market holiday.

ET Now spoke to various experts and here's what they have to recommend for today's trading session. CA Rudramurthy has a buy/sell recommendation on Jubilant Food and RBL Bank while Nooresh Merani has a buy/sell recommendation on HDFC Bank and Axis Bank for today's trading session. Check out the targets and stoploss.

On the monthly options front, the maximum Call OI is placed at 17000 and then toward 17100 strikes while the maximum Put OI is placed at 17000 and then towards 16800 strikes.

Fitch said that Adani Transmission Limited and Adani Ports and Special Economic Zone are prone to risks which could affect financial flexibility.

One day before the re-organization was announced, Alibaba founder Jack Ma, who had been out of mainland China since late 2021, was spotted visiting a primary school in Hangzhou, the city where Alibaba is headquartered.

“Given robust financials and ample business opportunities, we expect Thermax to trade at a premium. In the long term, Thermax with its strong execution and technological capabilities in green energy and the wastewater industry should be able to deliver strong performance,” .

Fitch said that Adani Transmission Limited and Adani Ports and Special Economic Zone are prone to risks which could affect financial flexibility.

The interim dividend will be paid to the shareholders whose names appear on the register of members of the company or in the records of the depositories as beneficial owners of the shares as on March 29, which is the record date.

Nifty futures on the Singapore Exchange traded 9.5 points, or 0.06 per cent, higher at 17,087.50, signaling that Dalal Street was headed for muted start on Wednesday. Here are some stocks which are expected to see some action in trade today.

Amazon last year closed its $8.5 billion deal for MGM, adding the company behind "Rocky" and James Bond in a bid to beef up its Prime Video streaming service amid intensifying competition.

Following weeks of volatility in the market after the unexpected failure of two U.S. banks and the rescue of Credit Suisse in Europe, investor nerves were calmed this week by the sale of assets in collapsed lender Silicon Valley Bank and no new signs of further stresses in the banking system.

The price has made a Lower Top Lower Bottom Pattern during this correction. In the current week, the price breached the previous 52-week low of 197 and corrected further to make lows of 186 odd levels with high volumes.

Crude prices rose modestly, extending sharp gains from the previous session due to supply disruption risks from Iraqi Kurdistan and hopes that banking sector weakness is contained. Crude prices rose more than $3 a barrel on Monday on supply concerns after export halts from Iraq's Kurdistan region.

RPP Infra Projects has received a letter of acceptance for a new project worth Rs 148.08 crore. The project is expected to be completed by 31 October, 2024.

Companies must take shareholder approval through a special resolution if the annual remuneration payable to a single non-executive director exceeds 50% of the total annual remuneration payable to all non-executive directors.

The tailwind and pent-up demand in the vehicle industry helped the business expansion while the company is also trying to diversify into other areas such as lending to small and medium enterprises and leasing.

Since earnings from unutilised money of clients comprise a significant part of the income of many brokers, there has been a disquiet among intermediaries ever since the market regulator proposed that everyday brokers and clearing members would have to transfer surplus investor funds to clearing corporations.

Although the outstanding market for MLDs is relatively small, certain NBFC issuers with 'AA' and lower ratings have frequently issued these bonds over the last few years. As of January 2023, the outstanding market for MLDs is ₹75,000 crore, with around 45% listed and the remaining 55% unlisted, according to data collated by NBFC industry body FIDC.

While the Payment of Commission Regulations, 2023, removes previous caps on payments, the Expenses of Management (EOM) Regulations, 2023, allows for additional expenses related to foreign and IFSC branches, Insurtech, and insurance awareness. The new regulations issued by the Insurance Regulatory and Development Authority of India (IRDAI) will be effective from April 1.

Bankers and lawyers said that though the process to declare a fraudulent account may get elongated after the Supreme Court verdict, a detailed standard operating procedure (SoP) will eventually eliminate legal hurdles in the future. On Monday, a two-judge bench of Chief Justice of India DY Chandrachud and Justice Hima Kohli said that borrowers must be heard before their accounts are classified as fraud, upholding a Telangana High Court order against an appeal by State Bank of India (SBI).

The shares were sold by Highdell Investments, an entity controlled by Warburg Pincus, through a block deal on the NSE at ₹110.04 apiece, data on the exchange showed, fetching the PE fund ₹256.67 crore. The names of the buyers were not disclosed.

During the current fiscal year ending March 31, 2023, only nine companies have raised ₹7,619 crore via QIPs, compared to ₹28,532 crore in FY22, according to data from the primary market tracker Prime Database. In FY21, 31 companies raised ₹78,045 crore through this route, while in FY20, 13 companies garnered about ₹51,216 crore, the data showed.

After hitting a 52-week high of Rs 3,709 on December 30, 2022, the stock failed to hold on to the momentum.

As on March 27, 2023, the pledge positions of listed Adani Group companies in Adani Green stood at 3.5% as against 4.4% on December 31, 2022, according to the release. In Adani Ports, it was at 4.7% versus 17.3%, while in Adani Transmission, it was at 3.8% as against 6.6%. Such pledge positions in Adani Enterprises dropped to 0.6% from 2.7% in the December quarter.

Shares of the conglomerate's flagship entity Adani Enterprises declined 7% to close at ₹1,603, while Adani Port declined 5.2% to close at ₹596.4. ACC, Ambuja Cements, and NDTV fell 4% each. Adani Power, Adani Transmission, Adani Green, Adani Wilmar, and Adani Total Gas dropped 5% - the lowest tradable limit for the day. The group lost nearly ₹49,400 crore in market capitalisation on Tuesday.

Silicon Valley Bank's management was informed by the Federal Reserve's bank supervisors of the risks of the bank's unusual business model in the fall of 2021, says Michael Barr, the Fed's vice chair for supervision. Barr said the bank's managers failed to address the problems, despite being given a low rating, while Silicon Valley Bank's failure was the result of mismanagement

Investor confidence in the banking sector remains fragile as the ECB highlights the need for greater regulatory scrutiny following recent volatility, which saw European banks weaken slightly. Bank stocks in the US, however, rose slightly, overall financial stability remaining on a solid footing despite event-triggered banking fears

Taking to Twitter, Jugeshinder Robbie Singh said the deliberate subterfuge will be clear to all once exchanges update the data post end of quarter. Earlier, a report by The Ken claimed that the present data available with the exchanges is not matching with the conglomerate's statement of repaying all the $2.15 billion of share-backed debt.

On Tuesday, the Sensex benchmark index ended with a decline of roughly 40 points to 57,613, causing 7 stocks from the BSE 100 index to drop to their new 52-week lows. The 52-week low is the least price at which a stock has traded during the last 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.

There's calm even in the bond market, which has been home to some of Wall Street’s wildest moves since fears flared about the banking system earlier this month. Yields were holding relatively steady following their historic-sized moves in prior weeks.

At a time when the Indian equity market is seeing a bearish trend amid relentless FII selling and negative global cues, at least 30 or more analysts are bullish on at least 10 stocks. These stocks belong to various sectors such as banking, auto, IT and more. Here's a list of 10 stocks with over 30 strong buy and buy calls, according to Trendlyne data:

On March 12, the conglomerate stated that it had repaid $2.15 billion of loans that were taken by pledging promoter shares.

The Dow Jones Industrial Average rose 2.77 points. The S&P 500 opened lower 0.09%, at 3,974.13.

Indian indices, despite resilience in the global equities, ended in the red on Tuesday. Nifty erased the day’s gains towards the close and settled 34 points lower at 16,952 levels. Broader markets, however, underperformed the headline indices, but Bank Nifty ended in the green.“For the last three days, Nifty is taking support near 16,900 and resistance near the 17,100 level. For the index, 16,900 would act as a key support level and on further uptick it could retest the level of 17,050-17,100. On the flip side, a fresh sell-off is possible only after the dismissal of 16,900 and below the same the index could slip till 16,820- 16,800,” said Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities.Here are the stock recommendations for Wednesday:

On Tuesday, benchmark equity indices Sensex and Nifty ended marginally lower in highly volatile trade as losses in IT and auto stocks were largely offset by gains in banking and oil shares amid mixed global trends.

The dividend will amount to Rs 7,621 crore. The board has approved the fifth interim dividend of Rs 20.50 per equity share i.e., 2050% on the face value of Re 1 per share for the financial year 2022‐23, amounting to Rs 7,621 crore," the company said in a filing.

The company will reportedly announce the details of the successor in due course

Nifty indices, including Nifty 50 ETF, Nifty Bank, and Nifty Next50, are due to undergo their semi-annual rebalance on March 29. According to Nuvama Institutional Research, RIL, Infosys, ICICI Bank, and HDFC Bank are the stocks expected to see the biggest outflows. Meanwhile, Page Industries, Canara Bank, SBI, Axis Bank, and Coal India are predicted to see maximum net inflows. The changes could lead to some weight reduction in non-F&O members such as Adani Total Gas, Adani Transmission, Adani Green, DMart, Bajaj Holdings and Investments, Nykaa, LIC, P&G, and Zomato.

India VIX was down 2.20% from 15.44 to 15.10 levels. Volatility is expected to be high tomorrow due to the expiry of weekly and monthly derivatives.

​​"The Exchange has sought clarification from Adani Enterprises Limited with respect to a recent news item captioned The Adani Group wants you to believe it has repaid all its loans against promoters. The response from the company is awaited," NSE said.

Adani Green Energy will be moved to the respective higher stage of the long-term additional surveillance measure framework by leading bourses NSE and BSE from March 28. Similar moves were carried out by both exchanges last week, whereby Adani Total Gas and Adani Transmission moved from the second stage of the long-term ASM framework to Stage-I. All 10 listed firms of the Adani group fell in the negative territory on Monday following revelations that many of the group firms hit their lower circuit limits. The Adani group stocks' situation has been made worse since short-seller Hindenburg Research published a report making various allegations against the group.

The 30-share BSE benchmark Sensex declined 40 points or 0.07% to settle at 57,613. The broader NSE Nifty dropped 34 points or 0.20% to end at 16,952.

Closing Bell: Sensex ends flat, Nifty holds above 16,950; Adani Ent, Adani Ports crack up to 7%.

A new IPO is hitting the market next week. Avalon Technologies which is an electronic manufacturing company is launching its 865 crore rupees IPO on April 3. The company has 12 manufacturing units across US and India and key clients include Kyosan India, Collins Aerospace among others. Let's take a look at the details

"The record date of April 21 fixed for the purpose of final dividend for the year 2022 shall also determine the entitlement of the members to an interim dividend for the year 2023 that may be declared by the Board of Directors on 12 April 2023," the company said.