Overall, the STOXX 600 index ended Thursday 1.2% higher after some back and forth as the lifeline to Credit Suisse offset concerns around the European Central Bank's big 50-basis point (bp) interest rate hike.

Both companies will come together to combine Honda’s next-generation software architecture and control-safety technology with KPIT’s deep domain & software expertise in the areas of autonomous driving, vehicle electrification, in-vehicle infotainment systems and platform software.

Moreover, while making hedging decisions, we tend to put an outsized weightage on spot. We do not give forward points (carry) and volatility due consideration. The interplay between spot, forwards, and vols can be difficult to assess if not done quantitatively

"Probably the best clue to what the Fed does at the next meeting on March 22 is how markets behave in the interim, given the Fed’s obsession with financial conditions," Wood said.

Termed as the biggest transaction in India's corporate history, HDFC Bank on April 2022 agreed to take over the biggest domestic mortgage lender in a deal valued at about USD 40 billion, creating a financial services titan.

The shares of the company will go ex-dividend a day or two days 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.

One big challenge with small cap investing is that as soon as nifty starts to correct, small caps are the first one to feel the heat and crack. But using some parameters may help in avoiding the possible mistakes. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space with high upside potential of more than 20% over the next 12 months, having an average recommendation rating of “Buy” or "Strong Buy".

As reported by ET, the ministry also approved the procurement of the 155mm/52 Caliber Advanced Towed Artillery Gun System (ATAGS) for the Indian Army. Initially, 310 of the indigenous guns are to be procured, with the order to be split between Tata and Bharat Forge

Sebi is investigating the company for running an unregistered collective investment scheme (CIS). The scheme was allegedly an investment scheme in the disguise of a club membership program allowing access to members to use the company’s resort properties for vacationing

"Probably the best clue to what the Fed does at the next meeting on March 22 is how markets behave in the interim, given the Fed’s obsession with financial conditions," Wood said.

One big challenge with small cap investing is that as soon as nifty starts to correct, small caps are the first one to feel the heat and crack. But using some parameters may help in avoiding the possible mistakes. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space with high upside potential of more than 20% over the next 12 months, having an average recommendation rating of “Buy” or "Strong Buy".

For Dalal Street, paints means Asian Paints. However, there is and sooner there will be even more to it.

The company has also signed an agreement with the Uttar Pradesh government to set up a steel manufacturing facility in the state at an investment of Rs 510 crore.Besides steel pipes, the company also produces hollow sections, tubes, cold rolled coils and strips, road crash barriers, solar mounting structures and a variety of other galvanised products

At 10.03 am, the stock was trading 3.8% higher on BSE. However, DLF stock has remained muted over the last one year and surged only 3%.

The company has also signed an agreement with the Uttar Pradesh government to set up a steel manufacturing facility in the state at an investment of Rs 510 crore.Besides steel pipes, the company also produces hollow sections, tubes, cold rolled coils and strips, road crash barriers, solar mounting structures and a variety of other galvanised products

Given relatively limited investor interactions, the Street will keenly look forward to interacting with the CEO designate, Citi said. TCS shares were trading at Rs 3,167.05 on the NSE and were down by Rs 17.95 or 0.56% against Thursday's closing price

The stock rallied from Rs 180 as on 28 February 2023 to Rs 217 recorded on 15 March which translates into an upside of about 21%.The recent momentum helped the stock to hit a fresh 52-week high of Rs 233.50 on 13 March 2023

While exits are possible, it must be pointed out that Krithivasan was a clear frontrunner in case Rajesh ever wished to step down. The question that we have been asked is why appoint Krithivasan when age is not on his side; after all, Krithivasan is 57 years old

“Amidst the intense tug of war, the Nifty50 index concluded the weekly expiry session on a subdued note, with mere gains of 0.08% and settled a tad below the 17000 mark,” Chavan said.

Several public sector banks were part of this list despite seeing a stellar run in 2022. The strong improvement in earnings and asset quality, coupled with credit growth triggered buying in this pack last year and also turned some of the stocks multibaggers.

From the Sensex pack, Infosys, HCL Tech and Tata Motors opened with over 1.5% gains. UltraTech Cement, L&T, Tata Steel, HDFC and Wipro also opened higher. Meanwhile, Bharti Airtel, TCS, NTPC and Sun Pharma opened with cuts.

ET Now spoke to various experts and here's what they have to recommend for today's trading session. Kunal Bothra has a buy/sell recommendation on Asian Paints and SBI while CA Rudramurthy has a buy/sell recommendation on Bajaj Finance and Manappuram Fin for today's trading session. Check out the targets and stoploss.

The price of this company has been rising steadily in an uptrend and has risen sharply by 27% since January. The candle formed at its lifetime high is a Hanging Man, which happens to be a bearish reversal pattern. Therefore, the price is expected to have formed a short-term top and is likely to undergo a correction

Sensex surges nearly 500 points, Nifty above 17,100; HAL jumps 4%, HCL Tech 2%; Yes Bank, Tata Steel, Adani Power are some of the top movers in morning trade.

"There will definitely be near-term challenges that need to be taken care of, but Krithivasan has been taking care of the BFSI vertical for a long time. I believe as of now, one should not worry about change in the leadership," Gopinathan said and ET Now reported

Nifty futures on the Singapore Exchange traded 122.5 points, or 0.72 per cent, higher at 17,145, signaling that Dalal Street was headed for positive start on Friday. Here are some stocks which are expected to see some action in trade today.

On Thursday, the markets went into an oscillating mode, gaining and shedding small gains. The Nifty ended the day with minor gain, although slipping sharply into the red at one point

Should TCS' Rajesh Gopinathan have waited for the right time before announcing his resignation? The MD and CEO answers why he wanted to announce his resignation before the next financial year.

The long-term investor, best known for spotting small and midcaps at an early stage, said he takes a 4-5 year view and accepts that stocks won't do anything in the next 6 months and can even fall 10-15%.While describing Nifty's trajectory as confusing, the Mumbai-based bull said the index is not the proper barometer at this stage to understand what is happening in the market

Varun Beverages shares ended at Rs 1,310 on the NSE on Thursday and were up by 35.65 points or 2.65% from the previous closing price.VBL is a key player in the beverage industry and is one of the largest franchisee of PepsiCo in the world (outside US)

According to data available on Trendlyne, the MWPL of GNFC stood at 82.5% as on 16 March with the open interest at 7.7 million. The OI day change was at negative 2.3%.

The texture of the chart formation and technical indicators such as RSI is indicating at a likely reversal from the current levels, which could lead to a new leg of the up move from its demand zone.In the near term, 268 would be the immediate support zone for the stock. Above the same, the stock may witness a pullback rally towards 299

The latest twist in the U.S. regional banks saga came on the heels of a 50 basis point rate hike by the European Central Bank, which earlier in the day had dampened investor sentiment already hurt by fears of a banking crisis.

The investment may be followed by another promoter funding round, apart from a much larger debt-raise, sources added. It is likely to be used for purchase of 5G telecom gear as Voda Idea has not yet proceeded with deployment of the high-speed network even as Reliance Jio and Airtel have started offering consumer services.

The markets extended a risk rally on Wall Street on Friday to end a tumultuous week that saw a brewing banking crisis send bond yields plunging while market participants sharply lowered expectations of future interest rate hikes in Western economies. The European Central Bank (ECB) delivered an inflation-fighting 50 basis point rate hike in line with oft-repeated guidance, with sentiment buttressed by the Swiss National Bank's massive support for Credit Suisse Group AG, which sent the troubled lender's shares 20% higher.

In one of the major exits that the Street has seen, Rajesh Gopinathan will step down as TCS CEO with effect from 15 September. The company has appointed Krithivasan as the new CEO-designate.

NCLAT had turned down HDFC's appeal for a stay on the sale of the property located in the Bandra Kurla Complex, which is regarded as one of the prime locations in Mumbai's business district. IL&FS had been permitted to sell the property after the infrastructure lending firm went bust in India's biggest-ever bankruptcy.

Piramal Capital had initiated a Swiss Challenge against the ARC's anchor bid, inviting other interested bidders to submit expressions of interest by March 15, with the offer amount required to be a minimum of 10% higher than the base offer of ₹2,550 crore.

With a single branch in India, Credit Suisse has a 1.5% share among foreign banks in India. Its share of banking assets is at 0.1%. About 70% of the bank's assets in India are in short-term government securities. "Banks in India have already downgraded Credit Suisse in their internal ratings so fresh trading positions with them is now unlikely," said the chief government bond trader at a large private sector bank.

The clarification comes in the wake of Hindenburg Research alleging in its January report that Dubai-based Vinod Adani was responsible for creating and managing a network of offshore shell entities meant for stock parking, market manipulation and laundering money to aid the group in dressing up its financial position.

Bagchi, who has been with the group since 1992, has been executive director of ICICI Bank since February 1, 2017, heading the wholesale banking business of the bank. After taking over the reins from Kannan, he is expected to focus on growth in annualised premium equivalent (APE), which has been a significant challenge for his predecessor.

The company on Thursday clarified that the stock exchange's action would not have any impact on its financial position. "We have a strong management team in place to steer towards our long-term journey," the company said in an exchange filing. It said the promoters are confident of achieving mandatory minimum public holding norms within the next few months.

According to the study, 65% of investors were not even aware of their exact stock market returns and 77% were not aware that they consistently need to beat the benchmark indices.

The breakout has opened room for the stock to retest its May 2022 highs in 2-3 months. The Relative Strength Index (RSI) is at 64.4.

JPMorgan on Wednesday maintained its overweight rating with a target price of ₹3,000, implying an upside of 23% over Thursday's closing. The broking firm said Titan's valuations are comparable to other large discretionary names, and current levels are a good entry point as it has better earnings growth.

ECB Vice President Luis de Guindos said the eurozone's exposure to Credit Suisse, which is outside the European Union's banking supervision structure, was "quite limited" and "not concentrated" in any one place.

​​The company’s market cap rose to around Rs 11.7 lakh crore from Rs 4.5 lakh crore, a CAGR of nearly 18%. The stock gained nearly three times during Gopinathan’s tenure, beating the benchmark Sensex which grew over two times. On Thursday, TCS announced that Gopinathan had resigned from his post to pursue “other interests”. He will be replaced by K Krithivasan.

The government, in a notification issued on Wednesday, said that offshore funds will have to inform their custodians within seven working days of any 'direct or indirect change' in their control, ownership, and structure.

At 11:31 a.m. ET, the Dow Jones Industrial Average was up 110.15 points, or 0.35%, at 31,984.72, the S&P 500 was up 36.60 points, or 0.94%, at 3,928.53, and the Nasdaq Composite was up 171.27 points, or 1.50%, at 11,605.33.