The downward revision for top clients came despite improving macro expectations for CY23, evident from upward revision in GDP estimates of US,EU and UK. However, the corresponding impact does not seem to have been reflected into the CY23 outlook of top clients of Indian IT firms.

Women are also known to be more risk-averse than men. A Harvard study concludes that financial risk-taking is associated with higher testosterone levels. Hence, women tend to take fewer risks than their male counterparts.

The company has begun phased commissioning of a 6 mtpa pellet plant at KPO, which would fully replace the market purchase of pellets in FY2024E and reduce costs, Kotak report said. Further, the 2.2 mtpa CRM mill at KPO should be commissioned in 2HFY24E and aid margins on value addition, it added.

Choosing the right option: You can embrace equity in one of two major ways – directly investing in stocks or via equity mutual funds. Your decision should be based on your risk appetite and understanding of the market. It is advisable to opt for equity funds, if you are a novice, since your funds would be managed by a professional fund manager capable of taking the right decisions.

The consensus recommendation from 9 analysts for the stock is a Buy. Out of the 9 analysts covering the stock, eight have strong buy and buy ratings, while one has a sell rating.

Opening Bell: Sensex tumbles over 300 pts, Nifty below 17,650; IT stocks drag, Adani stocks up 5%

​In the morning, 3 Adani stocks - Adani Green, Adani Total Gas and Adani Transmission - were locked in 5% upper circuit limits today. Adani Power was up 4%, while the group's flagship entity Adani Enterprises was trading 2% higher.

On the weekly options front, the maximum Call OI is placed at 17,800 and then towards 18,000 strikes while the maximum Put OI is placed at 17,500 and then towards 17,600 strikes.

However, workplaces still grapple with gender-specific issues, struggle to differentiate between gender-agnostic traits, and identify unconscious bias. Fairness is a relative term where equality does not exist as an absolute.

From the Sensex pack, Tech Mahindra, HCL Tech, Infosys, Titan, and Kotak Bank were the top losers, falling about 1-1.5%. IndusInd Bank, Wipro, Asian Paints, TCS, and Bajaj Finserv also opened lower. On the other hand, only Maruti, L&T, and UltraTech Cement opened higher.

JPMorgan maintained its overweight stance on Grasim with a target of Rs 1980. The global investment bank believes the core business growth is largely on track and is confident of Paint's foray.

Adani Group promoters have prepaid loans backed by shares worth $902 million or 7,374 crore to foreign banks and Indian lenders ahead of their maturity in April 2025, it said in a release on Tuesday. The move is aimed at assuaging investors concerned over the total borrowings of the industrial house’s promoters led by Gautam Adani with shares of group companies as collateral in the wake of the recent sell-off triggered by the Hindenburg Research report.

Women are also known to be more risk-averse than men. A Harvard study concludes that financial risk-taking is associated with higher testosterone levels. Hence, women tend to take fewer risks than their male counterparts.

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 Cipla while Nooresh Merani has a buy/sell recommendation on Power Grid and ONGC for today's trading session. Check out the targets and stoploss.

The company’s price was sliding lower since September 2022 and formed a bottom at Rs 2,700 in January. The same level was retested in February, making it a double pattern, which is a bullish reversal price pattern. The price has now risen above the lower high between the two bottoms and the stock can be considered as a buying candidate.

The pharma stock hit a fresh 52-week high of Rs 482.20 on 8th February 2023 but it failed to hold on to the momentum. It started descending in a channel formation and bounced back after taking support above the 20-DMA on the daily charts.

However, the road still seems challenging as per recent statistics, 50% of all women indicated they would define their attitude towards personal finance as avoidant. Be it homemakers or working women, stepping into the financial sphere might seem challenging at first. But by employing effective research and constructive strategies they can surely give a kick start to their money management journey.

More than men it is women that have a greater need to actively manage their finances. It is thus imperative for women to take charge of their money through smart planning and investing best suited to their needs.

Adani Group promoters have prepaid loans backed by shares worth $902 million or 7,374 crore to foreign banks and Indian lenders ahead of their maturity in April 2025, it said in a release on Tuesday. The move is aimed at assuaging investors concerned over the total borrowings of the industrial house’s promoters led by Gautam Adani with shares of group companies as collateral in the wake of the recent sell-off triggered by the Hindenburg Research report.

A third-generation entrepreneur, Farah Malik Bhanji leads the 72-year old company and has driven modern retailing at Metro Brands. The company reported a strong 68% growth in turnover in FY22 and an 18% growth in the 9 months ended December 2022.

The markets are enjoying good momentum after its recent slump, with the Nifty ending the day on Monday with smart gains.

First, and as detailed in my earlier column arguing that the Fed should not downshift from 50 to 25 basis points on Feb. 1 (as it subsequently did), the central bank seems to lack a comprehensive assessment of policy risks in today’s inherently fluid domestic and global economy.

The Nifty futures contract traded on the Singapore Exchange indicates a negative start to domestic equities. The contract was trading at 17,734, down 119 points or 0.67% from the previous close.

Stocks that were in focus include names like Mahanagar Gas which was up nearly 9%, Power Finance Corporation was up over 4% and Eicher Motors closed with gains of over 1%.

While many investors had worried that the Fed would consider higher rates for longer than previously expected, "hearing it directly from Powell is a little different to inferring it from the data," said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance.

The blockbuster week of central bank meetings and speakers rolls on later in the day, with the Bank of Canada setting policy and European Central Bank President Christine Lagarde speaking.

A closely watched part of the U.S. Treasury yield curve measuring the gap between yields on two- and 10-year Treasury notes, seen as an indicator of economic expectations, was at -106 basis points, its deepest since August 1981, according to Refinitiv data. Such an inversion is seen as a reliable recession indicator.

ZEE Studios and IPRS (Indian Performing Right Society) have entered into a settlement agreement by which all disputes and claims have been settled. IPRS has agreed to withdraw the insolvency petition filed by them.

The short term trend of Nifty continues to be positive. Having placed at the crucial overhead resistance of 17800 levels, there is a possibility of further consolidation or minor downward correction in the short term, before showing further up move. Immediate support is placed at 17600 levels.

While many investors had worried that the Fed would consider higher rates for longer than previously expected, "hearing it directly from Powell is a little different to inferring it from the data," said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance.

"Ethanol blending is going well. Oil Marketing Companies (OMCs) have started dispensing E20 fuel in about 100 outlets in 31 cities in the country. We have started E20 fuel, if it goes well then the requirement will be more," Additional Secretary in the food ministry Subodh Kumar said.

New orders may include biz process services and digital transformation programmes

The big pandemic stimulus and the contraction in the economy worsened the combined Centre and state debt-to-GDP ratio to 89.2% in FY21 from 75.1% in FY20. The International Monetary Fund (IMF) has forecast the ratio will improve to 83.5% of GDP in FY23 and gradually ease from FY26 onwards.

The stock's resilient performance can be attributed to the company's sustained business momentum, stable asset quality and comfortable capital adequacy. The company is currently in the process of digitising business activities, which is expected to improve customer acquisition and servicing. This together with healthy asset quality and loan growth is likely to support the stock in the medium term.

Shriram Housing Finance had assets under management (AUM) of Rs 7,200 crore at the end of December. Baring PE Asia had previously been among the major contenders to acquire ICICI Home Finance, a deal that didn't materialise.

"Many categories have been digitised which has resulted in increased spends from existing customers using their credit cards," said Rama Mohan Rao Amara, MD & CEO, SBI Card.

The survey was initially planned to be conducted during the period January-December, 2020 but the field work was extended till August 15, 2021, due to the Covid-19 pandemic. The NSSO carried out the survey covering the entire country in its 78th round. The survey said that 34.9 % persons aged 15-29 years were in formal and non-formal education and training for the 12 months preceding the survey.

"We wish to update that all the conditions stated under the Scheme for making it effective have been satisfied, and hence the Scheme is now effective from the Appointed Date i.e. October 1, 2021, as specified thereunder," it said. The six companies -- APML, APRL, UPCL, REL, REGL and APMuL -- now stand amalgamated with APL, it added.

Lenders of the Mumbai-based onshore petroleum extraction company have unanimously voted for IOC's resolution plan, which equates to a 46% recovery for financial creditors, two people aware of the development told ET. IOC has also offered to share the revenue earned from oil and gas exploration with lenders for 15 years, they said.

Based on the anchor bid from NARCL, PNB Investment Services had run the Swiss Challenge auction and asked interested bidders to bid at a markup of 8.5% to NARCL's offer. However, no counter bids came under the Swiss Challenge.

ET looks at some of the latest stock recommendations by analysts. These stocks are expected to return between 18% and 28% as per analysts’ price targets.

In an oral order, the bench directed Suraksha to form a committee to immediately start construction, monitor the day to day progress of the construction and file a monthly update with the court. The full order was yet to be uploaded on the court website, till press time.

The Dow Jones Industrial Average fell 3.13 points, or 0.01%, at the open to 33,428.31.

"In continuation of promoters’ commitment to reduce the overall promoter leverage backed by Adani listed company shares, we would like to inform you that we have prepaid share backed financing of Rs 7,374 crore ($902 Million) ahead of its latest maturity in April 2025," the company said in a media statement.

Indian equity markets have made a smart recovery in the last two trading sessions on the back of strong global trends. Before taking a breather for Holi, Sensex rose 415 points, while Nifty advanced 117 points on Monday. Barring PSU banks and realty, all sectors ended in green"Technically, the Nifty closed within the falling channel following an intraday breakout from the said channel. Further, a shooting star kind of candlestick pattern has formed on the daily chart, suggesting a bearish reversal. A fall below 17650 may trigger a steep correction in the market. While a sustained trade above 17750 may induce buying in the market," said Rupak De, Senior Technical Analyst at LKP SecuritiesHere are stock recommendations for Wednesday:

Nifty opened gap up and traded higher throughout the session on back of pre-festive mood to close with gains of 117 points at 17,711 levels. Except PSU Banks and Realty, all sectors ended in green.Experts say that the positive momentum will continue in the near term with Nifty making a smart recovery in the last two sessions

GQG Partners has bought shares worth Rs 15,446 crore in four Adani group companies, marking the first major investment in the Indian conglomerate since short-seller Hindenburg's critical report sparked a stock rout

Nifty opened gap up and traded higher throughout the session on back of pre-festive mood to close with gains of 117 points at 17,711 levels. Except PSU Banks and Realty, all sectors ended in green.Experts say that the positive momentum will continue in the near term with Nifty making a smart recovery in the last two sessions

The global investment bank has maintained an ‘overweight’ stance on India, with a Sensex target of 70,000, representing an upside of 17% from current levels.Matthews said that the DII (domestic institutional investors) investment is hitting record highs quarter after quarter and that foreign ownership has also bounced back from decade lows 18.4% in June last year

GQG Partners has bought shares worth Rs 15,446 crore in four Adani group companies, marking the first major investment in the Indian conglomerate since short-seller Hindenburg's critical report sparked a stock rout