The rates were steeply increased; Fed hiked by 475 bps in just 12 months, a historic jumbo. The banking sector had to pay the price of the monetary maven.It took a toll on the system; SVB, Silvergate Capital, First Republic, Signature Bank, and Credit Suisse had to be bailed out

​The unexpected hike in the securities transaction tax on futures and options and tax amendments in debt funds further turned the sentiment sour.The overall outlook for the market remains weak as investors gradually digest the domestic news while also keeping a tab on developments on the global front

The move to cloud infrastructure can help brokers reduce costs, increase flexibility and scalability, and improve security and reliability. However, it is important for brokers to carefully evaluate their cloud provider options and ensure that they are complying with any relevant regulations and industry standards.

The Nifty Financial Services index is inside the weakening quadrant. However, some improvement is seen in its relative momentum. Besides this, Bank Nifty and PSU Bank indices are seen moving inside the weakening quadrant as well. The Nifty Metal, Media, Services Sector, Commodities, and Energy groups are inside the lagging quadrant. These groups are likely to relatively underperform the broader markets.

Buybacks are crucial for shareholders. If done correctly, a buyback minimizes overall equity capital, increasing others' stake in the company. But if the buyback is not done at the right price, it does not become value accretive for the shareholders and benefits only those who exited from the company.

At a time when worrying about what will happen to the global financial markets is the norm, it is better to stay focussed on long term wealth creation and companies which have the right combination to make it. Of all the stocks, which our algorithms come up with, we took companies from four sectors: defence, FMCG, agrochemical and natural resources. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".

For an investor, a stop loss doesn’t make sense for the most part, because the idea is to hold for a long-time frame, which usually makes up for errors in stock selection or short-term collapse in prices.

The exchange had introduced futures and options contracts on the Nifty Midcap Select index on January 24, 2022, following approval from market regulator Securities and Exchange Board of India (SEBI).

Historically as well as statistically, it has been observed that long-term investing creates wealth. Warren Buffet, one of the greatest investors of all time, quoted, “Someone’s sitting in the shade today because someone planted a tree a long time ago.”

First it was the US banks and then it was the US Fed whose action gave jitters to global markets. However, even before that market has been under the control of bears who have been getting from all directions. Stocks which have seen a constant improvement in their scores even in such volatile times are worth looking at. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

After the recent spike of January the polymer prices are cooling off once again and stabilizing at lower levels, tailwinds for select packaging companies have gathered momentum.

Investing in ELSS mutual funds gives you great tax benefits and grows your money. All ELSS funds allow investors to avail tax benefits under Section 80C of the IT Act 1961. According to the ET Mutual Fund screener, 5 ELSS schemes have given 30% return in the last three years.

Meanwhile, Prudent Corporate Advisory, TD Power Systems, Aarti Drugs, Valiant Organics, TTK Healthcare Ltd, Anupam Rasayan and Krsnaa Diagnostics registered double-digit weekly gains.

The S&P 500 just capped its second straight up week, and while Treasuries have dealt body blows to short sellers, holding on through the worst volatility in four decades would’ve reaped sizable profits.

Investors are bracing for more banking sector volatility next week, after sharp declines in shares of European giants Deutsche Bank and UBS on Friday followed the collapse of Silicon Valley Bank and Signature Bank earlier this month. Upcoming U.S. data on consumer confidence and inflation could also sway markets.

“Traders have to practice to be in a Zen-like mindset where the expectation at the start of a trade is set in such a way that a bad outcome is not beyond what you had expected,” Alok Jain, smallcase manager & Founder, Weekend Investing.

ODIs such as P-notes are an indirect route of investing in India for foreign funds that do not want to register with local authorities. In a P-note transaction, a bank, broker or custodian allowed to issue these derivatives buys the securities that the investor desires and issues P-notes against them.

On Friday, the Lok Sabha passed the Finance Bill 2023 with some amendments. According to the Bill, mutual funds having less than 35% assets under management in domestic equity will lose the indexation benefit and the returns will be taxed as short-term capital gains according to the tax slab of the individual.

In separate appearances, three regional Fed bank presidents said that their confidence that the banking system was not facing a liquidity crisis is what led to the decision to implement a 25 basis point policy rate hike on Wednesday.

"Increase in STT could impact the volumes in the F&O (futures and options) segment, especially from those high-frequency trades, jobbers, and hedgers who actively trade at a small tick price," said B Gopkumar, MD & CEO of Axis Securities. "Low volumes could likely increase the impact cost."

Indiabulls Enterprises Ltd is another stock that will move from Stage II to Stage I of the long term ASM framework.

The Dow Jones Industrial Average rose 0.11%, the S&P 500 gained 0.17% and the Nasdaq Composite dropped 0.18%

The shares were sold at an average price of Rs 762.55 per piece, taking the transaction value to Rs 105.41 crore.

"The Board of Directors of the Company, based on the recommendation of the Human Resources, Nomination and Remuneration Committee, at its meeting held on March 24, 2023, has designated Shri Srikanth Venkatachari (Joint Chief Financial Officer of the Company since 2011) as the Chief Financial Officer of the Company with effect from June 1, 2023," the release stated.

Just a couple of weeks ago, threats to financial stability barely registered on the troubleshooting list for central bankers. Now they’ve rocketed toward the top. Powell and his peers say preventing a re-run of the inflationary 1970s remains priority number one. But the signal is shifting

The retail portion of the OFS also received an overwhelming response, with the government getting bids for 14,50,924 shares against 11,70,357 shares on offer for the category.

The Sensex benchmark index experienced a decline of approximately 398 points, reaching 57,527 on Friday. As a result of this downturn, 10 stocks within the BSE FMCG index reached their lowest levels in the past 52 weeksThe 52-week low is a technical indicator that reflects the lowest price at which a stock has traded during the past year. Some investors and traders consider this an important factor for assessing a stock's current value and predicting its future price movements

Banking stocks, including those of Deutsche Bank, dropped amidst concerns that regulators and central banks have not tackled the worst shock to the sector since the 2008 global financial crisis. The euro fell against the dollar, and bond yields and the costs of insuring against bank defaults rose despite policymakers' efforts at reassuring investors. While both U.S. and European banks’ stocks declined, Deutsche Bank experienced the most significant drop—losing over 12% of its value. As a consequence of the market turmoil, investors were looking for support from authorities worldwide to ensure a stable banking sector.

U.S. shares of Deutsche Bank fell nearly 10% after the bank's credit default swaps rose to a four-year high

How will this change in taxation impact the derivatives market and who will be affected the most?

NPS is a voluntary low-cost investment plan designed to enable people to plan for their retirement. One can invest in this scheme through systematic savings during his/her working lifetime. It is also an effective way to save on tax payouts.

The Dow Jones Industrial Average fell 67.03 points, or 0.21%. The S&P 500 opened lower by 9.51 points, or 0.24%.

Delisting is a process when the stock of a listed entity is removed from a stock exchange. Consequently, the shares of that company will no longer trade on that stock exchange. Read more about delisting at: https://economictimes.indiatimes.com/definition/delistingHere is a list of 7 stocks that are going to get delisted from exchanges, according to data from Prime Database:

The finance ministry today clarified that the securities transaction tax (STT) on selling options has been increased to 0.062% from 0.05% and not from 0.017% to 0.021% as mentioned in the latest amendment to Finance Bill 2023 that was passed by the Lok Sabha today.

The reason is outside observers usually look at headline numbers of trading volumes and assume that broking is a huge opportunity with a large revenue pool that will grow forever. In reality, it's a cyclical business that tends to revert to the mean, the billionaire startup founder said.

The recent fall has faded hopes of sustained recovery, and we might again end up seeing range-bound moves in the index. Needless to say, the major support is intact at 16,800 in Nifty. We thus reiterate our view to limit positions and maintain positions on both sides.

In the Finance Bill 2023, which was passed by the Lok Sabha today, Sitharaman also hiked STT by 25% on sale of futures contracts.

The reason is outside observers usually look at headline numbers of trading volumes and assume that broking is a huge opportunity with a large revenue pool that will grow forever. In reality, it's a cyclical business that tends to revert to the mean, the billionaire startup founder said.

The Finance Ministry made an amendment to the Finance Bill to remove LTCG benefits on the debt mutual funds. Here are 5 important things to know about the proposed .

The Finance Ministry has said it will soon issue a clarification on STT and that if the tax is already higher, then necessary changes would be made as the intention was to increase the tax and not reduce it.

In January 2021, the charges were earlier increased by 6% partly, to augment the investor protection fund trust.

European banks fell 4.5% and were set for their third week of declines, after the failure of U.S. midsized lenders and the turmoil at Credit Suisse highlighted growing risks to banks in the wake of tightening financial conditions.

The 30-share BSE benchmark Sensex plunged 398 points or 0.69% to settle at 57,527. The broader NSE Nifty dropped 132 points or 0.77% to end at 16,945.

Closing Bell: Sensex plunges for 2nd straight day, ends 398 pts lower; Nifty below 16,950; Bajaj twins crack up to 4%

European banks have had a rough ride in the last week with a state-backed rescue of Credit Suisse and turmoil among regional U.S. banks fuelling concerns about the health of the global banking sector.

The Finance Ministry has said it will soon issue a clarification on STT and that if the tax is already higher, then necessary changes would be made as the intention was to increase the tax and not reduce it.

The Finance Ministry made an amendment to the Finance Bill to remove LTCG benefits on the debt mutual funds. Here are 5 important things to know about the proposed .

The brokerage firm does not expect any exclusions at this point in time in MSCI India Standard Index.In Friday's trade, Hindustan Aeronautics stock was trading 4.4% higher at Rs 2,608 on the BSE. In the last one year, the stock has also surged over 85%.

While companies like Page industries have been well known for years. There are other companies in branded innerwear space which are not exactly in the same space but in similar space. The broad matrix of raw material prices, distribution and strength of the brand which governs their top and bottom line is very much the same. Also the list includes companies in the apparel export space.

Wood, in the latest edition of GREED & fear, highlighted that the valuation differential between India and China has reverted to its traditional mean after the huge 65% outperformance of MSCI China over MSCI India from the end of October 2022 to late January following the China re-opening.