These small cap companies have shown positive returns in the last one month at a time when markets have been overwhelmed by news and other developments. 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 of “buy” or "strong buy".

India ranks third in the world with a total of 187 billionaires. Mukesh Ambani, who sits over a wealth of $82 billion, has overtaken Gautam Adani to bag the richest Indian title. Ambani is the only Indian to feature in the top 10 of coveted global billionaires list.

GameStop's shares rose almost 40% in premarket trading after the video game retailer posted its first profitable quarter in two years, which helped encourage other stocks popular with retail traders. The company recorded an adjusted profit of 16 cents per share in Q4, compared to a 47 cent loss a year ago, thanks to cutting costs, including job reductions. Revenue declined 1.2% to $2.23bn in the quarter, and analysts said revenue headwinds persist in GameStop's core business, but added that the Q4 cost-cutting was encouraging. Meme stocks like GameStop and AMC rebounded after suffering in the high-interest rate regime of the past year.

Equity benchmark Sensex and Nifty advanced for a second straight session on Wednesday as concerns over a banking crisis receded further, while investors braced for a crucial interest rate decision by the U.S. Federal Reserve. Continuing its previous day's rally, the 30-share BSE Sensex advanced 139.91 points or 0.24 per cent to settle at 58,214.59. The broader NSE Nifty climbed 44.40 points or 0.26 per cent to end at 17,151.90.

SVB and Signature Bank's collapse has sparked concerns over the sector's health at a time when central banks are busy taming inflation. So here is a piece of advice by Zerodha CEO Nithin Kamath on 'risk-free' investments amid a global financial crisis.

India is also home to the richest aviation billionaires, with a wealth of $3.6 billion and $3.3 billion, Rakesh Gangwal and Rahul Bhatia and family of Indigo Airlines are the wealthiest aviation billionaires.

The 30-share BSE benchmark Sensex surged 140 points or 0.24% to settle at 58,214. The broader NSE Nifty rose 44 points or 0.26% to end at 17,152.

Angel One's shares will likely trade ex-dividend a day or two before the record date. When a company goes ex-dividend on a particular date, its stock does not carry the value of the next dividend payment. An ex-dividend date also dictates which shareholders are eligible to receive the dividend payment

As the markets get jittery, select pharma stocks are back in focus. This tends to happen in bearish markets. Some of them are mid-sized Indian pharma companies which are not hit by pricing pressure of the US generic market and other issues which large pharma companies are facing. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.

Currently, the overall power tiller industry in India is around 60,000 units, and is expected to grow to 100,000 units by the year 2025. VST is the leader in the segment and holds a market share of over 65% in the country, the company said.

"The investment aims to bolster the company's capital structure and increase production of energy-efficient radial tyres by more than 10 per cent -- from 32 million to over 35 million tyres a year by 2025," JK Tyre & Industries said.

The dividend payout is crucial to Vedanta Resources amid concerns over its ability to meet upcoming debt maturities. Rating agencies have flagged its ability to raise funding in times of liquidity crunch and capital-starved market.

Adani is the Founder and Chairman of the Adani Group and is a first-generation entrepreneur. Adani Group is a diversified group which has business interests in power, ports, airports, cement, green energy and others.

Jhunjhunwala graduated from Mumbai's Sydenham College of Commerce and Economics and then joined the Institute of Chartered Accountants of India from where he completed his CA in 1985.

The 6o-year-old Ahmedabad-based tycoon, under fire from all quarters in the wake of the release of the Hindenburg report, has slipped from the position of world's second richest billionaire to the 23rd slot now.

As the markets get jittery, select pharma stocks are back in focus. This tends to happen in bearish markets. Some of them are mid-sized Indian pharma companies which are not hit by pricing pressure of the US generic market and other issues which large pharma companies are facing. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.

Shares of India's leading wine producer Sula Vineyards rallied nearly 9% to Rs 371.2 in Wednesday's intraday trade on BSE after the brokerage firm CLSA initiated coverage on the stock with a buy rating. The stock has surged over 12% in two trading sessions.

These small cap companies have shown positive returns in the last one month at a time when markets have been overwhelmed by news and other developments. 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 of “buy” or "strong buy".

In a first of its kind deal Blackstone is buying promoter stake along with a simultaneous offer to delist the company.

The markets on Tuesday started on a positive note and kept going higher with the Nifty ending the day with a net gain. Stock-specific investment is the way to go in this market.

The interim dividend will be paid to 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 of the record date.

According to the shareholding pattern available with the exchanges, promoters own majority of the stake at 60.64%, while the rest of 39% lies with the public shareholders.

Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores.

The IPO of Inox Green Energy Services was subscribed 1.55 times and shares got listed at 7% below the issue price. Dharmaj Crop Guard, on the other hand, made a strong debut on the exchange as its shares were listed at 12% premium.

The price of this company has been moving in a downtrend from the peak of Rs 1,340 and formed a short-term bottom at Rs 737.Thereafter, the price rose up to Rs 934 in the form of a relief rally. Ever since, it has been losing momentum and has now breached its swing low of Rs 864 between a higher high and lower high. The price is expected to fall further and test its previous low.

At a time when equity markets are under pressure due to recession fears and the collapse of regional banks in the US and Europe, MarketSmith has a positive view on some stocks that it believes are near the buy point. According to MarketSmith data, here are 10 smallcap stocks that are near the buy point.

The Nifty Realty index tracked the overall positive sentiments in the markets and was trading at 396.45, up 1.75 points or 0.44%. The top gainers were Oberoi Realty, The Phoenix Mills and Macrotech Developers.

Emami is one of the leading and fastest-growing personal and healthcare businesses in India, with an enviable portfolio of household brand names such as BoroPlus, Navratna, Fair and Handsome, Zandu Balm, Mentho Plus Balm, Fast Relief and Kesh King.

The tenure of the bond is 25 months, in the first 13 months of which the company will pay a fixed 8.95% interest. For the rest of the 12 months the bond will be linked to the one-year overnight indexed swaps (OIS), but the interest rate option bought by the company will allow it to cap its interest beyond a level, which will be borne by the bank.

While the outlook on Indian banks has remained resilient amid rising credit growth in a well-regulated environment, the current predicament for the banking and financial services sector in developed markets has thrown a spanner in the works for Indian software exporters.

“The focus should be on portfolio diversification. The company is witnessing a strong growth outlook in the non-gold business. FY24 target includes 20% consolidated growth supported by non-gold,” BofA said.

From the Sensex pack, HCL Tech, TCS, Bajaj Finance, M&M and IndusInd Bank were the top gainers, rising over 1%. Tata Motors, L&T, Infosys and Tech Mahindra also opened with gains.

On the weekly Options front, the maximum Call OI is placed at 17800 and then towards 17200 strikes while the maximum Put OI is placed at 17000 and then towards 16900 strikes.

Opening Bell: Sensex gains 250 pts, Nifty above 17,150; Adani Green jumps 5%, HCL Tech 2%.

"We expect the positive momentum to continue over the next few trading sessions. On the hourly charts we can observe positive divergence along with a positive crossover on the momentum indicator which indicates loss of momentum on the downside and shall provide speed to the current pullback," Gedia said.

Momentum indicators RSI and MFI are in a medium range at 36.4 and 47.8, respectively, according to Trendlyne which suggests that a pullback can be expected in this stock. A number below 30 suggests that the stock is trading in an oversold zone while above 70 it is in the overbought zone.

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 Tata Motors and PFC while Kunal Bothra has a buy/sell recommendation on Bank of Baroda and UltraTech Cement for today's trading session. Check out the targets and stoploss.

The Relative Strength Index (RSI) is also trading above the 60 mark which is a bullish sign. Volumes are on the rise suggesting that this rally has legs to move up in the short to medium term.

Shares of First Republic Bank soared by 29.5%, the company's biggest-ever one-day percentage jump as JPMorgan CEO Jamie Dimon leads talks with other big banks aimed at investing in the lender, according to the Wall Street Journal.

Sula Vineyards is well placed to benefit from the consumer shift to low-alcohol beverages — beer and wine. Expected to see highest revenue & EP) compounded growth over FY22-25 vs alcohol companies. Change in wine incentive schemes poses a key regulatory risk for the company.

Nifty futures traded on the Singapore Exchange indicate a flat start to domestic equities. The contract was trading at 17,149.50, down 2 points or 0.1%. Here are some stocks which are expected to see some action in trade today.

According to analysts, Vedanta Ltd, which has a 64.92% stake in Hindustan Zinc, will receive Rs 7,132 crore as its share of the latest dividend payout. If the entire amount is redistributed to shareholders of Vedanta Ltd, Vedanta Resources will get Rs 4,970 crore. These numbers exclude dividend taxes. Vedanta Resources has 69.68% in Vedanta Ltd.

The tenure of the loan is 25 months, in the first 13 months of which the company will pay a fixed 8.95% interest. For the rest of the 12 months the loan will be linked to the one-year overnight indexed swaps (OIS), but the interest rate option bought by the company will allow it to cap its interest beyond a level, which will be borne by the bank.

Another important element of this week’s meeting: Policymakers are set to issue updated rate projections for the first time since December, offering crucial guidance on whether they still expect any additional hikes this year.

The still brittle mood was evident in the latest BofA survey of global fund managers which found pessimism near its worst in the past 20 years amid fears of financial risk and a flight from bank stocks.

"We advise investors to remain cautious, as markets are likely to remain volatile ahead of the Fed's meeting outcome on Wednesday late evening. US Fed’s commentary amidst the ongoing financial crisis would be of key importance and can provide some direction to the markets," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

Franklin Templeton Fund picked up about 0.5% stake in Devyani International through a block deal on Tuesday, while Temasek offloaded nearly 3% stake in the company.

History suggests that the stock has always managed to bounce back whenever it tested this crucial moving average. It did retest this crucial moving average in June 2022 but managed to stage a smart bounce back, which took it to a fresh record high of Rs 2,916 on September 15

Traders largely expect a 25-basis-point rate hike from the Fed on Wednesday, half the 50-bps increase expected before the banking crisis triggered by Silicon Valley Bank and Signature Bank's collapse. The Dow Jones was up 241.12 points

He was reacting to UBS's rescue of Credit Suisse on Sunday, which has seen holders of Additional Tier 1 bonds lose everything while shareholders received $3 billion worth of UBS shares.