The US Federal Reserve is anticipated to raise its interest rate by another 25 basis points and indicate a pause in the future, following a period of turmoil in the financial markets. The impending rise would mark the third 25-bp hike in a row, bringing the federal funds rate to a range between 5% to 5.25%, a level previously reached in 2007. Experts predict that a range of factors, including tighter lending conditions and an economic slowdown, suggest that inflation may cool in the months ahead. However, the decision has been hampered by recent events in the banking sector.

Mutual funds are showing interest in new-age stocks, with increased holdings in Delhivery, Nykaa, Paytm, and Zomato during Q1 2022. However, retail investors seem hesitant due to the companies' profitability, with only Zomato attracting investment from those with investments up to Rs 2 lakh. Meanwhile, foreign institutional investors (FIIs) have increased their holdings in Nykaa and PB Fintech and sold their shares in the remaining three new-age stocks. Although the stocks fell dramatically last year, some investors are increasingly attracted to their growth potential. However, others caution against investing in loss-making companies.

The Government of Singapore (GoS) is one of the high-net-worth investors in Indian equities through the foreign institutional investors' platform. A March quarter shareholding report showing their public ownership of 51 BSE-listed stocks valued at approximately Rs 1,60,000 crore. This list is not comprehensive and only includes companies in which the GoS holds more than a 1 per cent stake. ETMarkets identified four stocks in GoS's portfolio that have seen a rise of 20-40 per cent in 2023 so far. Additionally, it is noteworthy that Tata Motors, SBI, and two other stocks are among the latest additions to the GoS portfolio. Take a look at the leading performers and the newly added stocks in GoS's portfolio. (Data Source: ACE Equity).

Interest rates hikes globally slowed down in April due to consistent inflation and sluggish growth prospects. In March, six interest rate hikes took place compared to two in April in five meetings by central banks over the 10 heavily traded currencies. Policy makers in Canada, Japan, and Australia held fire, while New Zealand and Sweden carried out 100 basis points (bps) in rate hikes. The emerging market tightening cycle also reduced, with only two central banks out of 18 Reuters-sample central banks hiking. Uruguay's central bank cut its benchmark interest rate by 25 basis points, pivoting emerging markets towards rate cuts.

Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.

While the focus of news stays ACC and Ambuja and other large cap cement stocks, it would be better to look at many other players, some of them in mid and small cap space. Some of them have improved their performance in terms of operational efficiency. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.

Rail Vikas Nigam's (RVNL) shares surged by 26% in three trading sessions after winning multiple construction projects and being granted 'Navratna' status. RVNL recently won several contracts, including a ₹2,249 crore project to provide irrigation to 41,903 ha in Rajasthan and three underground packages worth ₹3,146 crore for Chennai Metro Rail phase-II. The 'Navratna' status allows RVNL greater financial autonomy, with the freedom to invest up to ₹1,000 crore without explicit government approval. Despite this, Trendlyne data suggests an average target price of ₹86, which implies a 32% downside from current market prices.

Go First's bankruptcy may lead to higher airfares due to the decrease in competition, while investors in other airline stocks, such as InterGlobe Aviation, SpiceJet, Global Vectra and even grounded airline Jet Airways, could benefit. Analysts see the potential exit of Go First as margin positive for sector consolidation as it would mean one less player in the market.

UCO Bank and Punjab & Sind Bank's shares fell over 4% after posting Q4 FY23 earnings. UCO Bank recorded its highest-ever net profit of Rs 1,862.34 crore, a 100.3% YoY increase. Its global business increased to Rs 4,10,967.19 crore and net NPA reduced by 141 basis points to Rs 2,018 crore. Punjab & Sind Bank recorded a net profit of Rs 457 crore, a 32.08% YoY growth. While its net NPA reduced by 18 basis points to Rs 1.84%, its priority and agriculture sector advances were above regulatory targets.

While return is an important metric to gauge the performance of a scheme or a category as a whole, it is necessary to look at risk factors also and that too over a period of time. The analysis done on the flexi cap category highlights the significance of looking at the performance holistically. While calling different schemes emerging as winners and losers at different periods of time won’t be a prudent approach, the investors should align their investments with their risk appetite level. We will also see how different funds may have different risk levels and thus be suited to different classes of investors even within the same fund category.

Spandana Sphoorty Financial's Q4 FY23 net profit increased by 268% to INR 105.55 crore ($14.1m), which boosted the company's shares by almost 10% to reach a 52-week high of INR 693 ($9.3) in Wednesday's trade. Its total income also surged by 42% compared to the preceding quarter. The company, which specialises in rural loans, added 8.8 lakh new borrowers during the year, thereby increasing its total customer base to 23 lakh by the end of March; it plans to open 400 new branches across select Indian states and disburse close to INR 11,500 crore ($1.5bn) during FY24.

Airline stocks in India rallied up to 8% following the insolvency filing of Go First, with investors expecting consolidation in the industry. Jefferies analyst Prateek Kumar said the unexpected shutdown of Go First is likely to drive supply constraints, which could benefit air fares, especially with recent strong traffic trends in the Indian aviation sector. The Wadia Group-owned airline had not defaulted on its total debt of Rs 65.21bn ($873m) to financial creditors as of 30 April, but had defaulted on payments to operational creditors.

First to fall and last to rise, this is what sums up how small caps have acted for the last many decades on Dalal street. However the best return also came from this space if one had picked the stock. For which using the right financial parameters and other filters is required. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space with high upside potential over the next 12 months, having an average recommendation rating of “Buy” or "Strong Buy" and also meeting some parameters like net margins and return on equity.

In the Nifty200 pack, the closing price of these four stocks crossed their 200 DMAs (Daily Moving Averages) on May 2, 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. Take a look:

"Going ahead, the market may consolidate ahead of key US Fed and ECB policy meetings before resuming its upward journey. With results season picking up steam, stock-specific action is likely to continue," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

The US Federal Reserve is expected to raise interest rates for the third consecutive time later today, with traders predicting a 84% chance of a 0.25% rate hike. The increase would take the Fed’s target range to 5.00-5.25%, although inflation is still far from the 2% target. Investors are looking for a signal from Fed Chairman Jerome Powell on whether or not there will be a pause in future hikes. The major support for Indian share indices is the $48m in renewed buying by foreign institutional investors, which has turned the market trajectory positive over the past month.

Credit Suisse has given an outperform rating for InterGlobe Aviation, with a target of Rs 2450, based on "GoFirst filing for bankruptcy can benefit Indigo in many ways". On the other hand, JPMorgan maintains a neutral rating on ACC and Ambuja Cements and reduces the target prices. It sees the large capacity addition guidance as a positive indicator. Emkay has suggested to buy Ramkrishna Forging with a target of Rs 390 due to a high focus on balance sheet deleveraging. Cyient was given an accumulate rating with a target price of Rs 1360.

In the NSE list of stocks with a market cap of over Rs 10,000 crore, eight stocks crossed their previous five-year high value at the close on May 02, suggesting bullishness in counters, according to stockedge.com's technical scan data. Take a look.

Titan is expected to report a profit growth between 26-34% YoY for Q4 of FY21, driven by favourable base and strong jewellery demand during wedding season. Revenue is likely to grow from 25-29%, and EBITDA margins are set to expand while jewellery, watch, and eyewear segments are expected to have EBIT margins of 11.7%, 10.1%, and 13.5% respectively. MRF is predicted to post strong revenue growth, while Havells is expected to face YoY earnings decline due to margin erosion, as witnessed in previous quarters. Godrej Properties' net profit is estimated to rise 45% YoY, while Adani Wilmar's revenue has exceeded Rs 55,000 crore for FY23.

In the NSE list of stocks with a market cap of over Rs 10,000 crore, eight stocks crossed their previous five-year high value at the close on May 02, suggesting bullishness in counters, according to stockedge.com's technical scan data. Take a look.

Indian equity indices started the day in the red with the Nifty 50 index falling 0.44% and S&P BSE Sensex dropping 0.46%, dragged by banking and IT stocks. Experts believe the Indian market could remain resilient because of FIIs who bought equity for Rs 8,212 crore during the last four trading days. US markets have been weak in light of a sharp 5% correction in the US Regional Bank Index. Globally, Asian stocks too were down over fears of banking sector turmoil and jitters over interest rates.

Sensex falls 200 points, Nifty below 18,100; IndiGo surges 8%, Indostar Capital tanks 5%; Rail Vikas Nigam, Vodafone Idea, IDFC First Bank are some of the top gainers in morning trade.

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 Astra Micro and Hindustan Copper while Nooresh Merani has a buy/sell recommendation on Axis Bank and Biocon for today's trading session. Check out the targets and stoploss.

On Wednesday, Indian markets are predicted to consolidate, following subdued global cues. The S&P BSE Sensex grew beyond 200 points on Tuesday, while the Nifty50 reached levels above 18100. Option data suggests a trading range from 17700 to 18500 zones, with an immediate range of 17900 to 18300 zones, with Nifty recommended to remain above 18081 zones to enjoy an up move towards 18250 and 18300 zones. Meanwhile, various experts have offered advice for traders, suggesting stocks, including NOCIL and Valiant Organics.

Nifty futures on the Singapore Exchange traded at 18,132, down 88.50 points or 0.49% around 7.35 am, signalling a negative start for Dalal Street on Wednesday. Here are some stocks which are expected to see some action in trade today.

The markets on Tuesday extended their gains, with the headline index ending the day with almost a half percent rise, although some fatigue in the trend was seen to be setting in. The volatility index gained somewhat, but the chances of correction still dog the stocks.

Indian markets closed for the eighth consecutive day in the green on Tuesday, with the Sensex up more than 200 points and the Nifty50 above 18100 levels. The infrastructure, metals, power, utilities, and oil & gas sectors saw buying, while selling was visible in telecom and FMCG. Welspun India rose more than 15%, RVNL closed with gains of 10%, and Safari Industries hit a fresh 52-week high.

The Company’s trend is bullish to sideways. Based on the options chain analysis, the range is between Rs 2,600 and Rs 2,700. Let us plan a trade around this.

State-owned railway firms, including Rail Vikas Nigam (RVNL), Indian Railway Finance Corp. (IRFC), and Ircon International, extended their gains on the bourses on Tuesday amid expectations of increased capital expenditure on railway infrastructure in India. The rise in railway shares reflects the expansion of the sector through projects including electrification, new lines, and signalling.

JPMorgan Chase agreed on Monday to acquire a majority of First Republic's assets in a $10.6 billion deal after regulators seized the lender, which became the largest U.S. bank failure since the 2008 financial crisis. Investors fear the latest turmoil, which began with the failures of Silicon Valley Bank and Signature Bank in March, could spread to other regional banks.

Major U.S. stock indexes fell more than 1% on Tuesday as regional bank shares tumbled and investors awaited the Federal Reserve's decision about interest rates. The KBW regional banking index fell 5.5% in its biggest daily percentage drop since March 13, while S&P 500 energy and financial sectors fell 4.3% and 2.3% respectively.

Trade was thinned by holidays in China and Japan, though markets in Hong Kong were open and MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.7%. Overnight, tumbling regional bank stocks dragged the S&P 500 down 1.2% and oil dived more than 5% on fears that shaky bank confidence and signs of weakness in the U.S. job market were harbingers of a looming broader slowdown.

Steel major Tata Steel Ltd reported consolidated net profit of Rs 1,705 crore for the January-March period. This is a fall of 82% from Rs 9,756 crore a year ago.

"Euphoria in the retail market as well as activities moderated, new client additions, NSE active clients, all of these numbers declined in the industry," said Vijay Chandok, MD of ICICI Securities. "Cash volumes were also in a downward trajectory throughout the year, and equity capital markets, the fundraising markets were all muted in FY23 as compared to FY22."

The margin framework, which owes its origin to the financial meltdown of 2008, is aimed to reduce risks and contagion damages of volatility and default in over-the-counter, or one-to-one that banks cut with companies and other banks.

The state-owned company has recently hit a fresh 52-week high, rising over 20%. The stock price is trading well above most of the short- and long-term moving averages on the daily charts. Gaurav Bissa, VP, InCred Equities, recommends traders buy the stock for a target of Rs 145 in 1-2 months, with a stop loss placed below Rs 122 on a closing basis.

"REC has been consolidating between 100-125 levels for the last 3 years. The stock has witnessed a breakout from ascending triangle pattern on weekly charts with strong volumes," Gaurav Bissa, VP, InCred Equities, said.

The Dow Jones Industrial Average fell 34.08 points, or 0.10%, at the open to 34,017.62

The private equity major, through its affiliate Hulst B.V., sold 21,50,000 shares of the software major at Rs 4,125.44 apiece, according to bulk deals data on the BSE.

The private equity major, through its affiliate Hulst B.V., sold 21,50,000 shares of the software major at Rs 4,125.44 apiece, according to bulk deals data on the BSE.

SRU Steels has announced a bonus issue of equity shares in the proportion of 1:2 to increase the stock's liquidity and decrease its price. A multifold jump in net profit to Rs 49 lakh in the March quarter has triggered a 104% surge in the company's shares so far this year.

The Dow Jones Industrial Average fell 34.08 points, or 0.10%, at the open to 34,017.62

Under the OFS, promoters Indostar Capital and Everstone Capital Partners will offload about 1.93 crore equity shares with a floor price fixed at Rs 95 per unit, a 20% discount from the last closed price of Rs 120. On May 4, the OFS will be available for retail investors, whilst non-retail investors who have placed their bids on 'T Day' may carry forward any un-allotted to T+1 day.

The benchmark Sensex, saw an increase of 242 points on Monday, bringing it to the level of 61,354. This upward trend led to six stocks in the BSE capital goods index reaching new 52-week highs. This is a crucial technical indicator for some traders and investors who use it to assess a stock's present value and anticipate its future price movements. A 52-week high represents the highest price at which a stock has traded during the preceding year.

Indian equities ended Tuesday’s trade on a positive note for the eighth consecutive session, led by gains in IT, metal, and oil and gas stocks. Nifty at the close-ended near the 18,150 mark“Nifty has formed a small candle while on intraday charts, it is still holding higher bottom formation, which is broadly positive. In the near future, 18050-18000 would be the key support zone, while 18200-18250 would act as an immediate hurdle for the bulls. However, below 18000, the uptrend would be vulnerable,” Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities, said.Here are stock recommendations for Wednesday:

UCO Bank reported the highest-ever net profit of Rs 1,862.34 crore for the Q4, a 100.3% YoY rise. Its NII in Q4 came in at Rs 3,743.13 crore, up 13.44% YoY and its global business touched Rs 4,10,967.19 crore. Net NPA decreased by 141 basis points to Rs 2,018 crore, while the loan book in Q4 stood at Rs 1,61,629 crore, up 24.54% YoY. Punjab & Sind Bank's net profit grew 32.08% YoY to Rs 457 crore in Q4 while Newgen Software Technologies' net profit increased by 37% YoY to Rs 78.6 crore in the same period.

The European Securities and Markets Authority (ESMA) has withdrawn recognition of six clearing corporations in India from April 30. The regulator had requested supervisory powers over the clearing corporations, but Indian regulators resisted and ESMA subsequently de-recognised the firms. Under the European Market Infrastructure Regulation (EMIR), a central counterparty (CCP) from outside the European Union must have ESMA recognition to offer clearing services to members or trading venues. However, ESMA has given recognition to four more third-country clearing corporations from Malaysia, Taiwan, Colombia and Israel.

The Nifty formed a small bodied bullish candle with minor shadows, indicating that bulls are getting fatigued after the recent rally, according to chartists. The index has been making higher highs in the last six trading sessions, and supports are gradually moving up. The index must hold above 18,081 zones to witness a rise toward 18,250 and 18,300 zones while supports are placed at 18,081 and 17,887 marks. Option data suggests a broader trading range between 17,700 and 18,500 zones.

The brokerage firm Zerodha, that brothers Nithin and Nikhil Kamath founded in 2010, has disrupted the domestic market in a span of 13 years as one of the largest brokerages in India with 10 million clients. Nithin often shares tips and suggestions in nuggets on his Twitter handle for individual investors and brokers. Here, we have collated a few among those pearls of wisdom. (Source Twitter)

Titan is expected to deliver strong Q4 results, driven by a favourable base year and robust demand for wedding jewellery. The watches and wearables and emerging business segments also showed strong performance. According to five brokerages, Titan's profits could grow somewhere between 26% and 34%, while revenue is expected to rise by 25-29%. In Q4, Titan observed healthy, double-digit growth across all major segments. Moreover, the EBITDA margins are expected to expand, aided by strong operating efficiencies.