The market capitalisation (mcap) of ICICI Bank rallied Rs 20,360.13 crore to Rs 6,06,514.71 crore.HDFC Bank's valuation climbed Rs 15,236.59 crore to Rs 9,01,307.58 crore and that of HDFC advanced Rs 13,051.48 crore to Rs 4,84,417.42 crore.The mcap of Bharti Airtel rose by Rs 4,124.47 crore to Rs 4,26,158.52 crore

Analysts say resilient home buying demand in Mumbai and likely out-of-interest rates should benefit Macrotech Developers. The optimism on housing demand comes with an increase in wages and employment opportunities and the return-to-work scenario in Mumbai

Indian equity indices declined for the third consecutive month in February amid weak global cues and persistent selling by FIIs. However, domestic brokerage firm ICICI Direct is bullish on specific sectors and listed its top buy ideas in this market. ICICI Direct's top picks include HDFC Bank, Tata Motors, TCS and ITC. Have a lookHere is a list of top picks from 7 sectors from ICICI Direct:

ELSS schemes performing exceedingly well in short-term and poorly in long-term will not justify its selection. The consistency of performance should therefore be the most important attribute for selecting a scheme.

Adani's flagship entity Adani Enterprises led the rally with a massive jump of 57.5% in just four trading days. The Nifty stock ended 17% higher on Friday at Rs 1,879.35 on BSE.All the other 9 stocks too rallied in the last 4 days, which turned out to be the best phase for the Ahmedabad-based tycoon since the release of the Hindenburg report in late January

"The outperformance of the banking and financials is certainly encouraging; however, participation of other sectors like IT, auto, and energy is equally important to strengthen the recovery. Meanwhile, we recommend continuing with a stock-specific trading approach amid mixed cues, with a focus on overnight risk management," he added

"Going forward investors need to understand which Adani companies valuation-wise make sense to hold or which to buy at the current levels," says Neeraj Dewan, Quantum Securities

Even if there is no major decline, it is capable of injecting markets with some spikes in the near term. It is strongly recommended that one needs to keep leveraged exposure at very modest levels and stay invested in the low beta stocks and with the ones that have improving relative strength. A cautious approach is advised for the coming truncated week.

While describing the airport, port and energy assets owned by the Adani companies as “fantastic,” “irreplaceable” and available at a good price, he told The Australian Financial Review that his team had been following Adani companies closely for five years but the valuations were in no man's territory.

One should have detailed research on an individual company like understanding the business model, the moat of the business, management quality, and corporate governance as well as channel check on a continuous basis to understand the growth prospects of a company.

The board now has only Shankar Aggarwal and Rashmi Aggarwal as independent directors against a minimum requirement of 6 on the board prescribed under the Sebi rules.

My friend has been one of the many who have recently started investing in stocks, joining the bandwagon of new investors after the advent of many of these tech-enabled online brokers.

"My first stock pick is RHI Magnesita India. If you look at the chart on the weekly front, after the recent downward correction during the last month, this stock has made a bottom reversal around Rs 600 levels this week and moved up significantly," says Nagaraj Shetti, HDFC Securities

Many investors, especially the ones sitting on cash are confused about what they should do with their existing stocks – buy the dip or not. For all those investors confused about whether to buy and what to buy, 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".

Eminent financial expert, Michael Molinski says investors should look for long-term trends that are shaping the economies and markets as these can make a difference to their investment portfolio.

Brokerage firm Axis Securities believes that the Indian economy stands in a sweet spot of growth and remains the land of stability against the backdrop of a volatile global economy. It also believes the current setup is a 'Buy on Dips' market. Here's a list of 10 stocks that can rally up to 60% in 2023, according to Axis Securities

The situation is quite grim globally. The US Federal Reserve is expected to hike rates at least 3 more times, in March, May and June. Also, there can be another rate hike in July. The imminent risk for the market currently is March 22 when the Fed will release its next policy and the dot plot shall come again.

This will accelerate development and create the desired impact at the bottom of the pyramid. SSE will pave the way for building values through social development and enhanced SDG preparedness.

Right from investor presentations to research reports, the price earning (P/E) ratio is one of the most overused and misused ratios in the valuation matrix. It is used by all and sundry to justify their valuations and create mirage of value. But is this the right matrix to look at ? The answer is no, there is a better option.

In the last month of high volatility and repeated attacks by bears, while the nifty has corrected, there are still some pockets where stocks have seen an improvement in their analysts' score. 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.

However, an abnormal increase in temperatures will impact crops, fruits, vegetables, and animals in states especially in the northern region, as reported in 2022. The Union Health Ministry has issued a warning of heat waves in March to May

Still, US inflation remains well above the 2% target, with prices measured by the preferred gauge rising 5.4% in the 12 months through January. Barkin noted that employment and consumption remained strong in the first readings this year.

Most Global Central Banks in their latest meeting have slowed down the pace of their rate hike, a maximum of 25 bps increase has been witnessed except for a few European countries. India & USA both slowed its repo rate hike to 25 bps from 50 bps in the previous meeting.

On one hand, extended trading hours will provide better accessibility to global markets and level the playing field for domestic traders against international traders as a result will increase the scope for more Indian traders to trade more with better opportunities to hedge the risk arising due to the global information flow in a more efficient way.

The report also listed a variety of monetary policy guidelines, such as one developed by Stanford University’s John Taylor, as showing that rate increases have lagged popular benchmarks for policy. Some Republicans in Congress have cited the rules in questioning the chair.

Still, US inflation remains well above the 2% target, with prices measured by the preferred gauge rising 5.4% in the 12 months through January. Barkin noted that employment and consumption remained strong in the first readings this year.

The notion that yields may be peaking also has investors preaching caution when it comes to bonds. While bets have been building in recent weeks that the Fed will ultimately need to raise rates past 5% to stamp out inflation — boosting yields across the Treasury curve — traders are pricing in an end to increases by September.

Fears of a recession induced by the Fed's swift rate-hiking cycle hovered over markets last year, and investors gravitated toward defensive areas, confident of spending on medicine, food and other necessities continuing despite economic turmoil.

Going forward, Indian equities are likely to take cues from global trends as investors weigh comments around the Federal Reserve policy and interest rate trajectory. Technically, analysts say the index has given a consolidation breakout on the daily chart, suggesting a rise in optimism.

The document noted that U.S. financial conditions have tightened since the Fed's last report to Congress in June, and hinted that the impact of monetary policy was intensifying in some corners of the economy.

The report also listed a variety of monetary policy guidelines, such as one developed by Stanford University’s John Taylor, as showing that rate increases have lagged popular benchmarks for policy. Some Republicans in Congress have cited the rules in questioning the chair.

“My advice to traders would be to avoid following one-way traffic since, for a trader, it’s very important to be active, well-informed, and consistent in the market. They must be able to access all information and news on what is happening in the market as well as in the global sphere,” Palka Arora, Senior Vice President at Mastertrust, said.

Economic data released on Friday showed steady demand for services, with purchasing managers' indexes (PMI) from the Institute for Supply Management and S&P Global indicating that activity in the sector continues to expand even as input prices cool.

Fears of a recession induced by the Fed's swift rate-hiking cycle hovered over markets last year, and investors gravitated toward defensive areas, confident of spending on medicine, food and other necessities continuing despite economic turmoil.

CP Gurnani, MD & CEO of Tech Mahindra in an interview with ET NOW gave his insights about attrition easing and demand in the tech industry. Gurnani while talking about demand in high-tech and telecom said, “Telecom spending continues to see traction, given the 5G rollout.” “For high-tech to get back to the same heights it would take about two quarters,” he added.

The Sensex came close to 60,000 after a 1,058-point surge. It eventually closed at 59,808.97, up 899.62 points, or 1.53%. The Nifty advanced 272.45 points, or 1.57%, to close at 17,594.35 - above its 200-day moving average (DMA), a key trend indicator, of 17,404.11.

The government and Foxconn did not reveal projected investment for the facility, but people briefed on the project put it between $500 million and $1 billion. The investment will be spread from 2023 to 2027, during which time the project is expected to be completed, they said.

The total market value of Adani's 10 listed companies rose by ₹68,300 crore on Friday after gaining ₹1.04 lakh crore in the previous three trading sessions. Gautam Adani's wealth, as shown in the Forbes Billionaires List, rose $5.4 billion on Friday to $43.3 billion, and his ranking jumped from 37 early this week to 26 on Friday.

As part of the changes, the company will launch a new brand and name in May this year. It also plans to merge its seven subsidiaries into the housing finance company to ensure a single-minded focus on mortgages for which it will seek court approvals in the first half of next fiscal.

Union Bank of India is following an open bidding process where bidders are invited at above the reserve price, they said. Interested bidders including asset reconstruction companies have until March 8 to submit expression of interest, people cited above said.

However, the apex court sought response from finance ministry, Reserve Bank of India, Sebi, stock exchanges and others on two separate but identical appeals filed by the banking regulator and Yes Bank against the HC's January 20 order.

Anand Rathi Share and Stock Brokers, 5Paisa Capital, Angel One, HDFC Securities, and ICICI Securities are part of the list, which is not indicative of rankings or size.

The CEO of India’s fifth-largest software services firm was addressing analysts during a meet in the city on Friday.

The U.S. 10-year Treasury yield fell on Friday after touching a four-month high in the previous session but stayed above the 4% level.

The revisions also come on the heels of remarks by ECB governing council member and Belgian national bank governor Pierre Wunsch on Friday that the ECB could consider raising its key interest rate to as high as 4% if underlying inflation remains persistently high

The outlook revision was mainly due to the deterioration in the Adani Group’s financial flexibility due to sharp decline in share prices

The outlook revision was mainly due to the deterioration in the Adani Group’s financial flexibility due to sharp decline in share prices

Earlier in a disclosure to stock exchanges in January-end, LIC had declared that the total purchase value of equity, purchased over the last many years, under all the Adani group companies is Rs 30,127 crore and the market value for the same as at the close of market hours on January 27 was Rs 56,142 crore

On Friday, Sensex recorded a gain of approximately 900 points, closing at 59,809. However, despite the market rally, six stocks from the BSE midcap index hit new 52-week lows. The 52-week low is the least price at which a stock has traded during the last year. Some traders and investors use this technical indicator as an important factor to analyse a stock’s current value and to predict its future price movement.

The BRSR framework is a set of sustainability disclosures released by Sebi in 2021 and Indian companies were asked to report topics such as workforce composition, pay, attrition, and other factors, split by gender. The disclosures are voluntary for FY22, and mandatory for the top 1,000 companies from FY23