The largest loan up for sale is Nirmal Lifestyle Developers' ₹790-crore debt, followed by Supertech at ₹515 crore and Nirmal Lifestyle Malls at ₹251 crore, two sources in the know of the development said.

​Broadly, we are in a strong uptrend, and it’s advisable to focus on the larger picture. We recommend buying Hudco for a target of Rs 68. Traders can participate by following a strict stop loss at Rs 57.80.

For instance, promoters of Dhampur Sugar bought 10.35 lakh shares of the company worth ₹22 crore in May. The company registered strong numbers for March, with revenue growing 43% year-on to ₹759 crore and EBIDTA margin rising by 100 bps to 13.8%. It has also reduced debt consistently in the last four years from ₹1,824 core in FY18 to ₹744 in FY23.

InterGlobe Aviation's stock price in the airline industry rose by 17% in May 2023, hitting a record high of Rs 2412 on May 30, 2023. Experts suggest that medium to long-term investors should consider buying the stock now for a possible target of Rs 2,800-2,900 in the next 12 months. The stock surpassed its November 16 swing high of Rs 2379 on November 16, 2021, indicating a gradual uptrend. IndiGo, the aviation major, recently posted a net profit of Rs 919 crore for the January-March period, indicating positive fundamental growth for the company.

Indian equities tracking positive global cues ended higher on the last trading day of the week. Nifty at the close edged higher by 0.25% to 18,534, while broader markets on the other hand outperformed, with Nifty Midcap 100 ending 0.46% higher. “Now Nifty has to hold support of 18442 zones to witness an upmove towards 18666 and 18750 zones, while on the downside, support exists at 18442 and 18333 zones,” Chandan Taparia of Motilal Oswal Securities, said. Here are stock recommendations for Monday:

Indian markets closed higher on Friday with the S&P BSE Sensex up by more than 100 points, and buying activity was noticed in metals, realty, telecom, and auto sectors. Stocks that saw significant growth include Cyient, HEG, and Graphite India. An expert cited the potential next resistances in Graphite India at Rs 418, Cyient at Rs 1900, and HEG at Rs 1600. With massive volume accumulation and significant price breakouts, these stocks have been suggested as those to watch. Though it must be noted that providing these observations are solely for educational purposes.

Indian equities tracking positive global cues ended higher on the last trading day of the week. Nifty at the close edged higher by 0.25% to 18,534, while broader markets on the other hand outperformed, with Nifty Midcap 100 ending 0.46% higher. “Now Nifty has to hold support of 18442 zones to witness an upmove towards 18666 and 18750 zones, while on the downside, support exists at 18442 and 18333 zones,” Chandan Taparia of Motilal Oswal Securities, said. Here are stock recommendations for Monday:

Axis Securities has selected small-cap stocks that could be the best picks for investors' portfolios in June. The brokerage firm recommends buying Mahindra CIE Automotive, Praj Industries, CreditAccess Grameen, and PNC Infratech, among others. The firm said its May 2023 top picks outperformed both Sensex and Nifty, which gained by 2.47% and 2.60%, respectively. Axis Securities' top picks basket delivered an impressive 25% return in the last one year.

As Q4 GDP growth exceeds expectations, India looks to achieve a GDP growth rate of 7.2% in FY23, raising hopes that its FY24 growth will soon exceed 7%. However, the country will have to contend with the expected global slowdown which could negatively impact India's growth prospects. Corporate earnings in India have been buoyed by private consumption, service, exports, and manufacturing but the global demand slowdown may impact its revenue growth for FY24. Small and mid-cap stock prices have been buoyed by a resurgence of retail investor inflows, while broad valuations remain above long-term averages.

Investing in sectors such as healthcare, electric vehicles, information technology, infrastructure and real estate, Fast-Moving Consumer Goods (FMCG), defense, specialty chemicals and green energy in the Indian stock market can yield substantial returns and minimize risks. The article highlights the growing healthcare sector, the government's support of electric vehicles, India's rapidly developing information technology industry, infrastructure and real estate, consumer goods, defense, the emerging specialty chemicals industry, and green energy. It emphasizes the importance of conducting thorough research and seeking expert advice during the investment journey.

ICICI Direct has suggested a moderate bearish approach in the Bank Nifty index in the lead up to the RBI monetary policy. They suggest buying a June 2023 Bank Nifty 44,000 put at 270-275 while simultaneously selling a June 8 43,600 put at 125-130. The net debit is set at 145 with a target of 255, and the time frame is till weekly expiry. The analysts predict consolidation near 44,000 will continue and expect the index to find support near 43,500 levels.

At a time when markets are volatile, a small up move in Nifty gives a sense of relief, but does it make your portfolio better to weather another round of decline in both Nifty and Sensex. One set of stocks which should be looked at all times is the high dividend paying stocks. The reason, they tend to do better, when markets are volatile with bearish bias, which they were till a couple of months ago.

Small-cap fund managers in India have identified three sectors with high potential returns in recent years: specialty chemicals, consumer durables, and building materials. These sectors have outperformed others due to attractive valuations, above-average growth rates, and strong demand tailwinds. More than 95% of the small-cap funds in India have allocated investments in these sectors, although more than 50% of the fund managers have reduced weights and partially booked profits in the last year. The consumer durables industry has seen significant growth due to lifestyle changes and urbanization, while the specialty chemicals industry has witnessed phenomenal growth due to increasing demand from the pharmaceutical and agrochemical industries. Building materials have been liked by small-cap fund managers due to their long-term growth prospects and direct link to the booming construction and infrastructure industry. Choosing the right sector and weightage is essential for producing alpha for fund managers.

However if one looks at the history of financial markets, there are phases where multiple challenges have come up for the sector at the sametime. But given the savings matrix which Indian’s have, despite all that may have happened, on an overall basis the financial services industry has grown and some select stocks have given decent returns to their shareholders.

As Q4 GDP growth exceeds expectations, India looks to achieve a GDP growth rate of 7.2% in FY23, raising hopes that its FY24 growth will soon exceed 7%. However, the country will have to contend with the expected global slowdown which could negatively impact India's growth prospects. Corporate earnings in India have been buoyed by private consumption, service, exports, and manufacturing but the global demand slowdown may impact its revenue growth for FY24. Small and mid-cap stock prices have been buoyed by a resurgence of retail investor inflows, while broad valuations remain above long-term averages.

Foreign Portfolio Investors invested INR 43,838 crore in Indian equities in May, the highest amount in nine months, supported by the country’s strong macroeconomic fundamentals and reasonable valuations. The FPIs sustained their buying stance in June, investing a further INR 6,490 crore in just two trading sessions of the month. The inflow is set to continue, as reflected by the latest GDP data and high-frequency indicators, which indicate a robust economy improving further. India attracted greater investment than any other emerging market, with financials, automobiles, telecom and construction sectors drawing the most attention.

Are banks more prone to interest rate cycle or is it manufacturing business which is more vulnerable to higher interest rates. Every business has its own capital requirement matrix and this is what makes them prone to risks of interest rate cycle. Of all the stocks, which our algorithms come up with, we took companies from different sectors. On the list, there is one of the biggest wealth creators from the specialty chemical space. ET screener powered by Refinitiv’s Stock Report Plus lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".

India's infrastructure focus, particularly on roadways, appears to be moving at a fast pace, with banks playing a significant role in funding infrastructure. Despite reservations, banks have issued "infrastructure bonds" at a record high, and this greater acceptance could sustain the government's drive to boost the sector. Indian bond issuance is expected to become another record high as the government looks to crowd in private capex with its record capital expenditure. While it is traditionally preferred to use specialised institutions such as insurance and pension funds who have long-term liabilities, banks lending for infrastructure remains significant.

As Q4 GDP growth exceeds expectations, India looks to achieve a GDP growth rate of 7.2% in FY23, raising hopes that its FY24 growth will soon exceed 7%. However, the country will have to contend with the expected global slowdown which could negatively impact India's growth prospects. Corporate earnings in India have been buoyed by private consumption, service, exports, and manufacturing but the global demand slowdown may impact its revenue growth for FY24. Small and mid-cap stock prices have been buoyed by a resurgence of retail investor inflows, while broad valuations remain above long-term averages.

Brokerage firm Axis Securities is positive on a few large and midcap stocks, which can rally up to 23% in 2023. The brokerage believes the worst of the FIIs outflow is now behind as the strong earnings growth and economic recovery will play out for the remaining months of 2023.Axis Securities believes that the Indian economy stands at a sweet spot of growth and remains the land of stability against the backdrop of a volatile global economy. It also believes that the current setup is a ‘Buy on Dips’ market. Here's a list of 10 large & midcap stocks that can rally up to 23%, according to Axis Securities:

Indian benchmark indices stayed in a narrow range amid US debt deal negotiations and remained flat for the week. However, the broader markets outperformed, with about 20 smallcap stocks returning 20-40% weekly. Analysts remain positive about the market and see benchmark indices hitting fresh lifetime highs. The upcoming Reserve Bank of India meeting and Federal Reserve meeting will determine the momentum of indices, with all eyes on the RBI's policy meeting from June 6-8. Additionally, the US's composite services PMI and trade data and the IPO of IKIO Lighting, among other data points, will impact the market.

Indian benchmark indices stayed in a narrow range amid US debt deal negotiations and remained flat for the week. However, the broader markets outperformed, with about 20 smallcap stocks returning 20-40% weekly. Analysts remain positive about the market and see benchmark indices hitting fresh lifetime highs. The upcoming Reserve Bank of India meeting and Federal Reserve meeting will determine the momentum of indices, with all eyes on the RBI's policy meeting from June 6-8. Additionally, the US's composite services PMI and trade data and the IPO of IKIO Lighting, among other data points, will impact the market.

Stock picker Shankar Sharma, the founder of GQuant Investech, prefers smallcaps when asked for investment advice, believing in diversification rather than a concentrated portfolio. Sharma is a believer that fund managers should manage public money during bear markets to ensure steady income. He sees India as an excellent investment opportunity, with the GDP set to grow spectacularly. Sharma is bullish on the benchmark Sensex hitting a landmark 1,00,000, with many public offers coming soon despite bad experiences with new tech firms.

Advanced technologies have revolutionized the way traders operate in financial markets. Algorithmic trading, black-box trading, relies on computer programs to execute trades based on predefined rules and algorithms. Charting tools empower traders to visualize financial data, identify patterns, and create custom indicators and trading strategies. Advanced mobile trading apps and desktop trading software facilitate real-time data access, customized alerts, and educational resources. Overall, these innovations have made trading more accessible, efficient, and profitable, enabling traders to succeed in today’s dynamic and competitive markets.

Foreign investors have increased inflows into Indian stocks to a nine-month high in May. They purchased a net $5bn of the country’s shares last month, the most since August, according to Bloomberg. The purchases continued for 24 consecutive days, the longest string since August last year. The surge in investment has propelled Indian equities to the top of emerging Asia's leaderboard, with the Nifty 50 Index up over 6%. The robust growth of the Indian economy is a significant selling point for foreign investors, particularly with China exhibiting less momentum and fears growing in the US of an economic downturn.

Nilesh Shah of Kotak AMC has advised people not to try to predict the market, stating that more often than not, they will be wrong. Shah also emphasised the importance of management and governance, saying that people need to begin respecting these elements more in order to limit losses and make money in the stock market. His comments come in response to predictions made by other experts, including Chris Wood, who recently suggested that the Sensex index could hit 100,000 within the next five years.

As Sensex traded in a narrow range last week, 20 smallcap stocks have given over 20% returns. The S&P BSE Smallcap index surpassed the benchmark with a 2.4% gain. Nucleus Software Exports reported its best-ever revenue of Indian rupees (INR) 635 crore for FY23 which led it to achieve a whopping 41% increase last week, while Force Motors and Brightcom Group followed with over 37% and 27% gains respectively. Money managers are bullish on the broader market and expect the uptrend to continue in the small-cap stocks despite possible consolidation in benchmark indices.

While large cement companies might be in the news for one or the other reason, it is the small and midcaps which have shown better than expected performance in Q4. Some of them tend to get ignored because they are regional companies or their overall capacity is not very high. However, from the stock market perspective one has to look at the overall picture. We take a look at what analysts are saying across midcap cement companies. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters

India Inc's Q4 FY23 earnings season has concluded with financials and automobiles being the star performers. Cleaned balance sheets, improved asset quality of banks, declining non-performing assets, margin improvements, and steady slippages have helped the growth of the banks while healthy volume growth, softening commodity prices, favorable product mix, price hikes, and better operating leverage have helped the automobiles

The Q4 earnings season is coming to a close, it is a season where bulls have been largely in control. During this time stocks from different sectors have seen an improvement in their analyst scores.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.

Chemicals company Alkyl Amines Chemicals has seen its shares increase 7,500% over the past decade, with a 366% rise in the past three years alone. The company, which has a market cap of about INR124.8bn ($1.68bn) manufactures amines and amine-based chemicals, used in pharmaceutical, agrochemical, rubber chemical and water treatment industries. Its shares currently have a price-to-earnings ratio of 55. However, technical analysts suggest the shares are currently underperforming, are indicating a downtrend, and advise refraining from fresh buying positions and setting a stop loss at INR2,260.

As all major companies have already announced their Q4 results, brokerage firm Motilal Oswal has upgraded and downgraded the estimated FY24 earnings of several stocks. These stocks belong to various sectors like auto, telecom, textile and others. Here's the list of 10 stocks that were promoted and demoted:

Emotional intelligence (EI) will be the only differentiator between success and failure in the changing landscape driven by artificial intelligence (AI), according to Vivek Bajaj, co-founder of StockEdge. Bajaj spoke about the importance of mental fitness and how staying calm helped him throughout his career. He emphasised the importance of finding the right time for meditation, rather than the right place. Although AI is taking over, Bajaj said the human brain cannot be replaced and that success will come from balance between EI and AI.

India Inc's Q4 FY23 earnings season has concluded with financials and automobiles being the star performers. Cleaned balance sheets, improved asset quality of banks, declining non-performing assets, margin improvements, and steady slippages have helped the growth of the banks while healthy volume growth, softening commodity prices, favorable product mix, price hikes, and better operating leverage have helped the automobiles. Other sectors like pharma, infrastructure, and IT have also shown strong growth. While FMCG displayed good revenue and profit growth, volume remains a concern despite declining inflation due to muted demand.

U.S stocks closed higher on Friday after a slower wage growth report in May increased investor hopes that the Federal Reserve (Fed) would avoid further rate hikes. Also, analysts welcomed the government's passing of a bill that prevented a catastrophic default. The Nasdaq index surged to a 13-month intraday high and posted its sixth-straight week of gains that marked its best winning streak since January 2020. The tech-heavy index advanced 1.07% to 13,240.77 points for the day. Markets now await data on key consumer prices a day before the Fed's rate decision in two weeks.

Indian stock indices saw gains with the Sensex closing up by 118.57 points at 62,547.11 and the Nifty settling at 18,534.10, amid concerns that the market may have run up too soon, with US jobs growth accelerating in May. Foreign portfolio investors (FPIs) were net sellers for the second session in a row, with overseas funds selling shares in the cash segment worth a net Rs658.88 crore while domestic institutions purchased them to the tune of Rs581.85 crore, according to provisional stock exchange data.

Bond traders have increased expectations of another Federal Reserve interest-rate hike taking place in July, leading to an increase in tightening reflected in interest rate swaps linked to the Fed's June and July meetings. Data showing stronger-than-expected payroll growth for May led to a quarter-point hike within the next two meetings being fully priced in at one point. Additionally, investors have reduced their bets on how much subsequent policy easing they expect toward the end of the year in response to anticipated peak of the tightening cycle.

A total of 132 BSE500 stocks have reached their 52-week highs in May across various sectors, thanks to the positive momentum in the country's markets. Some big names on the list include IndusInd Bank, Hindustan Aeronautics, Titan, Ultratech, Kotak Mahindra Bank, and Indian Oil Corp. In contrast to the three consecutive months of decline beginning in January, the S&P BSE Sensex index gained approximately 2% in May 2023, helped by consistent FII buying despite mixed global cues.

Similar to how insurance companies make money despite the risk of payouts, option sellers rely on probabilities of gains. Option sellers may only lose money if the option turns against them, and they can make gains in other scenarios such as when the market goes up or even stays flat. Overall, option writing has become a popular strategy for big traders due to its high win probability. However, combining option buying and selling may lead to even greater profitability and win rates.

SBI Life Insurance has been instructed by the Indian Insurance Regulatory and Development Authority (Irdai) to absorb the liabilities of 200,000 policies plus the assets of Sahara India Life Insurance due to SILIC's failing financial health. The three-member committee has been created to implement the order. SBI Life has already begun complying with the order, however, proper integration of policies will take time, according to a company spokesperson. SILIC was appointed an administrator by Irdai in 2017 due to issues regarding the financial propriety and governance and it has subsequently failed to match regulatory requirements.

Indian stock indices saw gains with the Sensex closing up by 118.57 points at 62,547.11 and the Nifty settling at 18,534.10, amid concerns that the market may have run up too soon, with US jobs growth accelerating in May. Foreign portfolio investors (FPIs) were net sellers for the second session in a row, with overseas funds selling shares in the cash segment worth a net Rs658.88 crore while domestic institutions purchased them to the tune of Rs581.85 crore, according to provisional stock exchange data.

Despite 339,000 jobs being added in May, a drop in wage growth and a higher unemployment rate are likely to keep the Federal Reserve on hold this month whilst it considers a rate hike later this summer. With the federal-funds rate in the 5% to 5.25% range following a quarter-point increase in early May, policymakers are expected to skip a rate hike this month, but continue to monitor data. US Treasuries rose by 10 basis points to 4.46% following the jobs report release; the odds of a June rate hike rose to 31%, up from 24% on the previous day.

Technology equity funds witnessed their largest weekly inflows on record in the week to Wednesday, with AI investments attracting huge investor interest, according to BofA Global Research. The latest data showed inflows of almost $8.5bn for tech stocks, and $14.8bn overall, the most significant weekly inflow since February. Seven firms, Tesla, Apple, Microsoft, Google parent Alphabet, Nvidia, Amazon and Meta, account for nearly 9% of the S&P 500's 10% year-to-date increase. Despite the appeals of these companies, BofA analysts seemed wary, writing that interest rate hikes and tight liquidity made them bearish.

The Indian regulator, Irdai, has directed SBI Life Insurance to take over the liabilities of approximately 200,000 policies alongside the assets of Sahara India Life Insurance with immediate effect, due to the deteriorating financial health of SILIC. The Irdai has set up a committee to ensure smooth policyholder transition. SBI Life has been asked to set up a dedicated cell to service policyholders and provide details of the takeover on its website, and will be required to ensure it complies with regulatory requirements.

The government's offer for sale (OFS) in Coal India Ltd has been successful, with strong response from institutional and retail investors. The OFS for retail investors was fully subscribed and institutional investors were allocated shares at Rs 226 per share. The government held 66.13% stake in the world's largest coal company but announced the intention to sell 3% as part of its disinvestment plan earlier this week

The United States added 339,000 jobs last month, according to the Labor Department, defying economists' forecasts and building on revised gains of 294,000 in April.

Dow rises 126.01 points; S&P 500 opens higher by 19.99 points and Nasdaq Composite gains 89.50 points at the opening bell

India Economic Conclave | In a conversation with Nikunj Dalmia, Managing Editor of ET NOW & ET NOW Swadesh, Nilesh Shah and Shankar Sharma lists out the reasons why now is the best time to invest in India