Policy initiatives by the government led to changes both in the actual working and perception of defence sector companies.Their order books are brimming, stocks have outperformed the broader market indices in the last one year and institutional interest has been growing in these companies.

Adani Enterprises, which was forced to call off its Rs 20,000 crore FPO last month in the wake of a stock rout following allegations made in the Hindenburg report, is still trading over 60% below its 52-week high price of Rs 4,189.55.

During the year ended December 31, 2022, the company incurred capital expenditures of $ 85 million, including expansion CAPEX for the vertical-shaft kiln project in Vizag, India, anhydrous carbon pellet project in the US, solar power plants in India and other maintenance projects across all locations.

“Nifty has fallen to 17300 levels and going forward 17000 levels will act as a crucial support as below that it will slide further till 16700 levels. On the upside 17800/18000 now remains a crucial resistance, hence the range is 17000-18000,” said Jay Thakkar, VP and head of alternate research at Sharekhan by BNP Paribas.

Startups' accounting standards have left several investors worried, are they missing out on the big picture of the co's path to profitability? Sanjeev Bikhchandani of Info Edge answers.

We have also looked at the CAGR of these stocks for a 10-year time period. Stocks with the CAGR of more than 15% form part of this selected list of stocks. While the past track record of stock movement is no guarantee of future returns, capital gains in markets are about probability. So, looking at the compounded annualized growth rate provides a valid sense about a stock to an investor.

Its price had made a double top in November 2022, but has been sliding down ever since. The price made a low in January at Rs 2,553 and tested it in February. After a consolidation of one-month, the price has given a minor consolidation breakout. The breakout is supported by a rise in volume.

India VIX moved up by 1.05% from 13.87 to 14.02 levels on Tuesday. Volatility has been slightly falling from the last three sessions with a little bounce in the previous session.On the weekly options front, the maximum Call OI is placed at 17,400 and then towards 17,500 strikes while the maximum Put OI is placed at 17,000 and then towards 17,300 strikes.

The global investment bank sees tailwinds for margins going forward. FY24 will also likely benefit due to the lower impact of the mega-deal ramp-up. Infosys is currently trading at ~23x 1-year consensus EPS. Infosys at a 12% discount to TCS.

The company has fixed March 2 as the record date for both the stock split and bonus issue, but later extended it by a day to March 3 as it said it needs at least a working five-day gap from the date of EGM.

After closing yesterday's session higher by over 14%, the stock rallied another 10% today to the day's high at Rs 1,500.45. The sharp rebound in the counter comes after non-stop selling for seven days.

Warren Buffett’s guru Benjamin Graham, best known for his book ‘The Intelligent Investor’, believed in focusing on real-life performance of the companies he owned and the dividends received, rather than on changing market sentiments. Based on the idea of Graham, a custom screen made by MarketSmith emphasizes securities that are cheap on a PE and price-to-book basis but still show signs of financial stability. It may be most effective in the later stages of bear markets when good companies' stock prices have been driven down to values under their intrinsic worth. Here are 4 stocks that match Graham's idea of stock picking, as listed on MarketSmith:

FIIs have raised stake in Aegis Logistics from 15.03% in March 2022 to 16.4% in December 2022. Similarly, MF ownership has also gone up from 2.02% to 3.10%. In the last one year, the stock has rewarded investors with 116% return.

Sensex rises 300 points, Nifty above 17,350; Adani stocks jump up to 7%; Indus Towers down 3%; Tata Steel, Vedanta , IDFC First Bank are some of the top movers in morning trade.

The Nifty50 index rose 103 points or 0.60% to 17,407, while the S&P BSE Sensex surged 346 points or 0.59% to 59,308, as of 9.22 am.

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 Bank of India and Bank of Baroda while Nooresh Merani has a buy/sell recommendation on GAIL and IEX for today's trading session. Check out the targets and stoploss.

Despite a positive start in the morning, the markets could not hold on and slipped during the day on Tuesday. The headline index Nifty ended with a half a per cent loss.

The steep jump in those payouts has reduced the incentive for investors to take risks, marking a break from the post-financial crisis era when persistently low interest rates drove investors into increasingly speculative investments to generate bigger returns. Such short-term securities are typically referred to as cash in investing parlance.

Nifty futures on the Singapore Exchange traded 41 points, or 0.24 per cent, lower at 17,358, signaling that Dalal Street was headed for a negative start on Wednesday. Here are some stocks which are expected to see some action in trade today.

The steep jump in those payouts has reduced the incentive for investors to take risks, marking a break from the post-financial crisis era when persistently low interest rates drove investors into increasingly speculative investments to generate bigger returns. Such short-term securities are typically referred to as cash in investing parlance.

Geopolitics is also keeping investors on their toes. U.S. President Joe Biden's visit to Kyiv and Russian President Vladimir Putin's abandonment of the last remaining nuclear arms control treaty with the U.S. signaled a hardening of positions.

The RSI oscillator is also moving in an upward zone indicating further upside from here. One can buy at the current level and more on dips to Rs 290 levels with a stop loss of Rs 270 on a weekly closing basis.

Traders have started to price in the chances of a bigger 50 basis-point rate hike in March, although the odds remain low at about 23%, according to Fed fund futures, which suggest rates peaking at 5.4% by September, up from 4.57% now.

The brief rally in developing-nation assets highlights the difficulty in calling the peak in US rates, as robust data dash hopes for a Federal Reserve pivot. Most analysts don’t see a recovery just yet, with Goldman Sachs Group Inc. warning that emerging-market debt may face a repeat of the risks seen in 2022.

Traders have started to price in the chances of a bigger 50 basis-point rate hike in March, although the odds remain low at about 23%, according to Fed fund futures, which suggest rates peaking at 5.4% by September, up from 4.57% now.

Japanese multinational conglomerate Softbank Group is looking to sell shares worth Rs 600 crore in Delhivery through block deals on Wednesday, according to reports.

"Growth momentum carries on but an unfavourable base has led to lower numbers for Q3," chief economic adviser V Anantha Nageswaran told reporters after the data release.

A study by Mumbai-based broking firm Tradonomy shows Nifty's fall for three consecutive months in the past decade was followed by a rally in the subsequent month. Out of the nine times when the Nifty has fallen for three straight months since 2011, the index has bounced back in the fourth month on each occasion, it said.

Despite a stellar earnings season and decadal high credit growth levels, top public and private sector banks in the country are trading significantly below their peak price-to-book multiples (PB ratio) at levels last seen in 2013, Bernstein said in a report.

Vedanta Resources has been exploring ways to raise funds to meet upcoming debt maturities, after Indian government's nominees on group company Hindustan Zinc's board objected to a $2.98 billion cash deal to purchase Vedanta's zinc assets. Vedanta Resources has mandated Cantor Fitzgerald to syndicate a $2 billion loan to service short-term maturities, ET reported on February 16.

In December 2021, the I-T department carried out a search and seizure of 60 premises of four ARCs - Omkara ARC, Rare ARC, CFM ARC, and Invent ARC. The searches, according to the department, revealed that some ARCs adopted various unfair and fraudulent trade practices in acquiring non-performing assets (NPAs) from lender banks.

The data on sectoral development of bank credit in January 2023 showed that the personal loan outstanding on January 27, 2023, was Rs 39.59 lakh crore as against 32.87 lakh crore in a year ago.

The facility of $1 billion was arranged through Japan's MUFG Bank and Taiwan's Taipei Fubon Commercial Bank Co. MUFG and Taipei Fubon Commercial Bank are the joint co-ordinators, while MUFG is the lead loan co-ordinator for this transaction.

With effect from March 1, 2023, HDFC raises its Retail Prime Lending Rate (RPLR) on Housing loans, on which its Adjustable Rate Home Loans (ARHL) are based, by 25 basis points.

The group's flagship company, Adani Enterprises, jumped 24.5% from the day's low to close 14.3% higher at ₹1,363.85. Adani Ports, Adani Green Energy, Adani Wilmar, Adani Power, and NDTV gained 5% each. Ambuja Cements and ACC rose 4% and 2%, respectively. Adani Transmission and Total Gas dropped 5% - the lowest tradeable limit of the day.

This week Adani Group's chief financial officer Jugeshinder Singh and head of group corporate finance Anupam Misra are meeting fixed income investors in Singapore and Hong Kong to update them about fundraise plans across businesses.

The stock hit a 52-week high of Rs 194 on December 9, 2022, and it picked up momentum after reclaiming 200-WMA on the weekly charts back in November 2022

Five of the 11 major S&P 500 sectors were lower on Tuesday, with defensive utilities and consumer staples leading losses.

“Exide Industries stock price formed a reversal pattern afterward and witnessed a breakout from the same in November 2021. The recent dip to the neckline area of the pattern is offering an opportunity to buy fresh or reenter,” Ajit Mishra, VP - Technical Research, Religare Broking Ltd., said.

It identified Rs 3050 lakh as wrongful gains accrued due to the alleged front-running activities and directed that this amount be impounded from the entities

On Tuesday, Sensex fell by approximately 326 points, closing at 58,962. However, despite the significant decline in the market, five stocks from the BSE smallcap index were able to reach new 52-week highs. The 52-week high is the highest price at which a stock has traded during the last year. Some traders and investors use this technical indicator as an important factor for analysing a stock's current value and for predicting its future price movement.

The Dow Jones Industrial Average fell 15.62 points, or 0.05%, at the open to 32,873.47

Benchmark Sensex and Nifty slid for the eighth straight day to close at four-month lows on Tuesday as growing worries over interest rate hikes to stem inflation and FII selling unnerved investors. Mixed global cues, selling in index heavyweights and caution by investors ahead of the release of key macroeconomic data waylaid the key indices to their longest losing run in more than three-and-a-half years.From the high of 18,134 scaled on February 16, Nifty has corrected by a sharp 5% in the past 9 sessions and closed below its 200 days SMA at 17,304 points.Sector-wise, it was a mixed show, with media, realty, banking and auto pack ending in the green, while pharma, IT, metals, FMCG and financial services stocks fell.“Finally, the bears managed to drag the Nifty below the line of polarity, the 200-day moving average, on a closing basis. The sentiment looks very negative from here as the index sustains below the crucial long-term average. A further decline towards 17,150–17,100 appears imminent, as bulls appear to be in no hurry to support Indian equities. On the higher end, immediate resistance is visible at 17,400, above which the current trend may reverse,” said Rupak De, Senior Technical Analyst at LKP Securities.Here are the stock recommendations for Tuesday

The conglomerate may look at increasing the size if it gets good demand.

Volume profile indicates Nifty has strong support around the 17150-17200 zone. Coming to the OI data, on the call side, the highest OI was observed at 17400 followed by 17500 strike prices, while on the put side, the highest OI was at 17000 strike price

This is possibly the first time that all 5 stocks from the pack are ending February on a positive note. Moreover, 3 of them have given double-digit positive returns this month.

Market capitalisation of all listed companies on BSE declined by Rs 12.44 lakh crore to Rs 257.95 lakh crore in February

Closing Bell: Sensex extends losses to 8th day, falls 326 pts; Nifty below 17,350; Adani Ent rallies 14%, SpiceJet sheds 6%.

"The Adani Group collectively carries about three times as much debt as it should, confirming that the group is over-levered as well, but note that this is a bad business practice, not a con," Damodaran wrote in his blog.

Most companies in the metal space have either reported a fall in net profits or posted losses in the October-December period. Tata Steel reported a consolidated net loss of Rs 2,224 crore for the December quarter, while State-owned SAIL's net profit fell 65% to Rs 542 crore. JSW Steel reported 89% fall in net profit at Rs 490 crore in the same period