State-run Life Insurance Corporation of India (LIC) has invested in Nifty stock ITC and has reaped a rich dividend of around Rs 2,940 crore in FY23. ITC is LIC's second largest bet and comprises around 15% of its Rs 10 lakh crore stock portfolio. The PSU insurer holds over 189.68 crore equity shares (15.27%) in ITC according to latest public shareholding data available on the BSE.

Decline in oil prices, increased economic activity are tailwinds. Will the step taken by RBI to control inflation show an impact on overall economic growth this quarter and that is what may turn out to be a headwind. The list of the logistic companies is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.

HAL (Hindustan Aeronautics Limited) is a state-owned aerospace and defence company that has seen strong investor interest in its stock in the past 5 years. The company hit a lifetime high of Rs 3,168 earlier this month. Hindustan Aeronautics is one of the stocks in the defence sector that has seen the most consistent investor interest.

ET Markets analysis reveals that approximately 154 stocks listed on the BSE universe, with a market cap of over Rs 500 crore, have consistently maintained a profit margin of over 10% throughout the four quarters of FY23. Out of these stocks, eight have achieved extraordinary share price growth of over 100% in the last one year.The profit margin is one of the commonly used profitability ratios to measure if a business activity is making money. A company's ability to maintain a healthy level of profitability is generally seen as a positive indication, as it suggests that the company consistently generates a significant portion of its revenue as profit while operating efficiently. However, it's crucial to consider that profit margins can vary across industries and types of businesses.

Tata Elxsi reported a 26.25% rise in net profit to Rs 202 crore in the March quarter of 2023 as compared to Rs 160 crore a year ago. The company's consolidated revenue from operation rose by 22.87% to Rs 838 crore for the March quarter as compared to Rs 682 crore in the year-ago period. The Board has also recommended a final dividend of 606% at Rs 60.60 per share for the financial year 2022-23.

It was after a long period of time, When FMCG companies were announcing In theirQ4 earnings, the street was reacting. A number of times the reaction was positive. However, when one looks at bit deeper, it appears that while analyst are bullish but We take a look at what analysts are saying for select financial service stocks.

State Bank of India's (SBI) stock gained nearly 2% in the early trade on Friday after the state-lender reported a better than estimated Q4FY23 earnings on Thursday. SBI reported an 83% growth in standalone net profit at Rs 16,695 crore for the quarter ended March 31, 2023. It was Rs 9,113 crore in the same quarter last year. Net interest income for the fourth quarter rose 29% to Rs 40,393 crore, compared with

The asset management companies are facing a Rs 1,400 crore shock from the markets regulator, Sebi, which has proposed a cap on fees. This would lead to under-recovery of Rs 1,402 crore. The new proposed changes, which may get implemented after 6 months, are part of Sebi's plan to improve transparency and pass on the benefits of economies of scale to investors.

Decline in oil prices, increased economic activity are tailwinds. Will the step taken by RBI to control inflation show an impact on overall economic growth this quarter and that is what may turn out to be a headwind. The list of the logistic companies is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.

Coromandel International is a stock that has underperformed the Nifty50 by more than 10% during the past 12 months. However, the weekly and monthly strength indicator RSI remains in bullish terrain, which signals growing strength in the stock. This could trigger an upward move resulting in a potential gain of Rs 200 per share.

State Bank of India's (SBI) stock gained nearly 2% in the early trade on Friday after the state-lender reported a better than estimated Q4FY23 earnings on Thursday. SBI reported an 83% growth in standalone net profit at Rs 16,695 crore for the quarter ended March 31, 2023. It was Rs 9,113 crore in the same quarter last year. Net interest income for the fourth quarter rose 29% to Rs 40,393 crore, compared with

Nazara Technologies, a Gurgaon-based technology company, announced that it has raised $28 million from a group of investors, including Nazara, South Korean digital games developer Krafton, Japanese conglomerate Sony Group, InnoPark India, and JetSynthesis. The funding round values Gurgaon-based Nodwin Gaming at $325 million pre-money, and $349 million post-money. In addition to Nazara, Krafton and JetSynthesis are existing

Gland Pharma's stock prices hit a 20% lower circuit on BSE after the firm reported a 72% YoY drop in net profit to Rs 79 crore in Q4FY23 due to a production shutdown at one of its facilities in Telangana and soft demand. The company had posted a net profit of Rs 285 crore in the same quarter of the previous year. Its revenue from operations slumped 29% YoY to Rs 785 crore in Q4FY23.

Goldman Sachs maintains a buy rating on SBI with a target price of Rs 695 post March quarter results. Morgan Stanley maintains an overweight rating on ITC with a target of Rs 474 post March quarter results. Macquarie maintains an underperform rating on Container Corp with a target of Rs 620 post March quarter results. Goldman Sachs maintains a buy rating on InterGlobe Aviation (Indigo) with a target price of Rs 2600 post March quarter results.

Dalal Street is a popular place for people to ask questions about the market and which stocks to buy. Chatbots like Bard offer a more measured answer than many other analysts, highlighting concerns about the market but also highlighting the positives. When we asked which stocks are the best to buy in India, Bard's rival ChatGPT's answer was much more measured. ChatGPT's catalogue is also full of bluechips and Dalal Street's favourites like RIL, TCS, Inf

Nexus Select Trust REIT listed at a 3% premium over issue price on the NSE on Friday. The stock got listed at Rs 102.27 on the BSE, as against the upper price band of Rs 100, a premium of over 2%. With the listing, Nexus became India's first REIT with rent-yielding retail real estate assets. Before Nexus hit the markets, there were three listed REITs - Embassy Office Parks REIT, Mindspace Business Parks RE

ITC, a diversified conglomerate, reported better than estimated January to March quarter results. Top brokerages maintained their bullish recommendations on the stock. ITC's consolidated net profit rose 23% year-on-year to Rs 5,175 crore for the March quarter on Thursday. The same stood at Rs 4,196 crore a year ago. The revenue from operations during the reporting quarter surged 7% to Rs 19,058 crore as against Rs 17,754 crore in the year-ago

On the sectoral front, Nifty IT rose 0.71%, and Nifty PSU Bank surged 0.59%. Whereas, auto, FMCG, metal, pharma, realty and oil & gas sectors opened with cuts. In the broader market, Nifty Midcap 100 fell 0.14%, while Nifty Smallcap 100 gained 0.08%.

The Indian market is expected to consolidate on Friday tracking positive global cues. The S&P BSE Sensex fell more than 100 points while the Nifty50 closed above 18100 levels on Thursday. India VIX was down by 2.33% from 13.10 to 12.79 levels on Thursday. Volatility had sunk in the initial tick but later spiked and caused swings in the market. On the options front, the monthly maximum Call OI is placed at 18200 and then 18

Sensex gains over 150 points, Nifty above 18,150; Gland Pharma tanks 13%, Bata rises 3%; State Bank of India, YES Bank, Edelweiss Financial Services are some of the gainers in the morning trade.

Tata Consumer Products is a company that recommends a final dividend of Rs 8.45 per equity share. If approved by the members at the ensuing annual general meeting (AGM), it will be paid within 30 days of its declaration. The dividend declared is 845% on the face value of Rs 1 each, for the financial year 2022-23.

In the NSE list of stocks with a market cap of over Rs 1000 crore, 10 stocks crossed above their 200 DMA (Daily Moving Averages) on May 18, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

Another day of correction in the markets as the Nifty ended with a loss of a little over a quarter of a percent on Thursday. Though the beginning of the session was in the positive territory, the markets could not hold on to the gains.

Nifty futures on the Singapore Exchange traded 17.5 points, or 0.10 per cent, higher at 18,196, 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.

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 IEX and ICICI Bank while Nooresh Merani has a buy/sell recommendation on Indusind Bank and Divi's Lab for today's trading session. Check out the targets and stoploss.

The stock price of this company had formed a peak in January at Rs 132 and has been sliding lower ever since. It has formed a bearish structure by making lower highs and lower lows. Now the price has breached the support offered by a trendline by forming a Marubozu candlestick. The volume has increased in the breakdown candle which increases its reliability.

On the candlestick screener, a bullish reversal pattern helps identify stocks that can convert into uptrend from a downward zone in the future. So, here are 3 major stocks that have established an Inverted Hammer pattern and hint at a bullish reversal in the future. (Source: StockEdge)

3 NSE stocks forming Shooting Star pattern, suggesting bearish reversal

Sebi has proposed a regulatory framework to deal with suspicious trading around the presence of material non-public information. The framework would deal with malpractices by market participants, who use new-age technologies by way of encrypted or vanishing messages, and modus operandi to evade the law. The proposed rules would prohibit individuals from engaging in suspicious trading around the presence of material non-public information unless they can effectively rebut the presumption that they are violating the securities laws.

In the NSE list of stocks, four stocks with a market cap of over Rs 200 crore are witnessing Golden Crossovers, according to stockedge.com's technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks' 50-day simple moving averages (SMA) crossed their 200-day SMAs on May 18.

The Indian stock market closed in the red for the third consecutive day on Thursday, with the S&P BSE Sensex falling more than 100 points. The Nifty50 closed above 18100 levels. Sectors saw buying in banks and selling pressure in realty, power, oil & gas, and utilities. Stocks in focus include Jindal Saw, which rose more than 6%, Tech Mahindra, which fell 0.5%, and M&M, which dropped more than 1%.

The MSCI Asia Pacific Index eased 0.20% on Friday, weighed down by China and Hong Kong stocks due to concerns over the stuttering recovery in the world's second-biggest economy. Japan's Nikkei clocked a near 33-year peak. China's stocks fell 0.61%, while Hong Kong's Hang Seng index dropped as much as 1.8%, dragged down by tech stocks after Alibaba Group Holding Ltd reported a lower-than-expected 2% rise

4 banking stocks signalling bearish trend on the Futures Short Position scan

The U.S. stock market rallied on Thursday, with the Dow Jones Industrial Average rising 115.14 points, or 0.34%, to 33,535.91; the S&P 500 gaining 39.28 points, or 0.94%, at 4,198.05; and the Nasdaq Composite added 188.27 points, or 1.51%, at 12,688.84. Walmart Inc. raised its sales outlook and strong economic data calmed recession fears while also dampening

Bata India has reported 4% growth in standalone net profit at Rs 65 crore for the quarter ended March. Revenue from operations rose 17% to Rs 778 crore during the quarter under review.

The slowdown in sales growth for large quick-service restaurants, lifestyle, apparel, and discretionary products in India has been observed in the March quarter and in April. This slowdown is attributed to higher inflation, moderation in pent-up demand, and tighter financial conditions. While retail sales grew in strong double digits consistently over the past year, it slowed to 6% in both March and April - the slowest sales expansion in over 14 months, according to Retailers Association of India (RAI).

As per the terms of the offer, six lenders have jointly agreed to sell their outstanding debt of ₹873 crore for ₹160 crore, equating to a 18% recovery for the lenders. Rare ARC will have the first right to match the counteroffer, if any.

Space Mantra's offer of ₹550 crore, however, is less than 3% of the total outstanding dues of ₹19,200 crore of financial creditors and is also conditional on it being able to realise value from the sale of remaining assets in the company, people aware of the development said.

The agency said India's sovereign credit ratings were anchored by its dynamic, fast-growing economy, strong external balance sheet, and democratic institutions supporting policy predictability and compromise.

The promoters of Vedant Fashions, owner of ethnic wear brand Manyavar, are selling up to 9.88% stake or 2.40 crore company shares through an OFS. Retail investors can bid for the OFS on Friday, May 19, above the indicative price of ₹1,206.35. Shares of Vedant Fashions ended flat at ₹1,248.85.

Both indices had risen in early trades but gains fizzled out in the later part of the session. The Sensex ended at 61,431.74, down 128.90 points, or 0.21%, from Wednesday's close. The Nifty declined 51.80 points, or 0.28%, from the previous close to settle at 18,129.95.

The resolution process timeline, which was initiated in April 2022, ends on May 25 after taking into account the various procedural delays. But banks will petition the National Company Law Tribunal (NCLT) as soon as Friday to extend the timeline by at least 15 days to ensure enough time for voting.

The company's stock ended 0.27% lower on Thursday at ₹278.6 on the BSE compared to a similar 0.21% dip in benchmark Sensex.

Shares of Bharti Airtel advanced as much as 1.3% in Thursday's trading before closing the day at ₹800 on the NSE, up 0.98% from the previous close with a spike in trading volumes. More than 10 million shares exchanged hands on both exchanges, up nearly 2.3 times its combined average daily volume.

Mastek, a technology company, has seen a recent decline in stock prices, but the experts believe that the stock has a strong base and is due for a bounce back. The stock has seen a significant increase in prices in the past few months, and a decisive move is required for the stock to head towards the near-term target of around 2,200-2,300 levels

The Nasdaq and the S&P 500 rose on Thursday as investors shifted into high-growth stocks amid optimism about a U.S. debt ceiling deal being reached soon. The benchmark S&P 500 index reversed declines by early afternoon trading on reports that top U.S. congressional Republican Kevin McCarthy said the House could vote on reaching a deal to raise or suspend the debt ceiling as soon as next week. President Joe Biden and McCarthy reiterated their aim to strike a deal soon on Wednesday to raise

The Federal Reserve is divided on how aggressively to target inflation, with some officials believing that more rate hikes are needed to reduce the high levels of inflation, while others are suggesting that a wait-and-see approach is more appropriate. Dallas Fed president Lorie Logan indicated her support for an additional rate hike next month, underscoring the divisions at the Fed. Other officials, including Chicago Fed president Austan Goolsbee and Fed governor Philip Jefferson, have also suggested adopting a wait-and-see

Oil prices eased on Thursday as traders warily watched for signs of progress on talks to raise the U.S. debt ceiling. The main crude benchmarks settled more than $2 higher on Wednesday due to strong April U.S. economic data and optimism surrounding negotiations over the U.S. debt ceiling. A debt agreement needs to be reached and passed by both chambers of Congress before the government runs out of money to pay its bills, which could be as soon as June 1.

"Mastek stock price has stabilised after the decent erosion and is consolidating by maintaining a good support near 1490. it has moved past the significant 200-DMA level of 1730 after a long time," Vaishali Parekh, Vice President - Technical Research, Prabhudas Lilladher Pvt. Ltd, said.

The Morningstar report on offshore funds and ETFs in India shows that inflows into these funds slowed down in the first quarter of this year, as investors were cautious about the global economy. However, this was the third consecutive quarter of net inflows, indicating that long-term investments in these funds are still being made