We value VIL at 11.5x FY25F EV/EBITDA, with a lower TP of INR5 (INR8 earlier) on factoring in the equity dilution following debt conversion of Rs 161 bn and aligning our model for 9MFY23 performance, said the brokerage

A host of stocks received upgrades in target prices from a number of brokerages in the last one month. These stocks are from various sectors, including banking, IT, FMCG among others. Here are 10 stocks that received target price upgrades from the highest number of brokers in the past month. (Source: Trendlyne)

Midcap funds saw net inflows of Rs 14,632 crore in the last three quarters, and smallcap funds saw inflows of Rs 15,172 crore. Meanwhile, the net inflows into large cap funds was Rs 6,392 crore in the same period.

On Thursday, the markets opened on a positive note but gave up most of their gains as the day progressed, with the Nifty ending with a negligible increase. Meanwhile, the banking and financial sector appears to be in a consolidation mode.

Its price has surpassed a multi-month horizontal trendline resistance. The price had been in an uptrend and making higher lows but had been unable to surpass the resistance. The breakout candle is supported by a rise in volume which increases the reliability of the breakout. This breakout opens up further upside till the previous peak.

Sensex drops over 200 points, Nifty below 18,000; Pricol gains 5%, Nestle India sheds 3%; Voda Idea, Adani Power among most active stocks on NSE.

"Nifty is likely to remain in the range 17800- 18200. As of now, there are no triggers to break this range in both directions," V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.

"In case we see a lower high and lower close on Feb 17 compared to Feb 16, then the present upmove could be termed as over. 18135-17881 could be the new trading band for the Nifty in the near term," said Deepak Jasani, Head of Retail Research, HDFC Securities.

An analysis of stocks with a market capitalisation of over Rs 500 crore shows that FIIs have raised their bets in these 9 multibaggers that have rallied up to 533% in the last one year.

ET Now spoke to various experts and here's what they have to recommend for today's trading session. Nooresh Merani has a buy/sell recommendation on ONGC and Mahanagar Gas while Kunal Bothra has a buy/sell recommendation on Indian Hotels and Firstsource for today's trading session. Check out the targets and stoploss.

Stocks that were in focus include names like Tanla Platforms which was up over 8%, Tejas Networks rallied nearly 8%, and VIP Industries closed flat on Thursday.

Nifty futures on the Singapore Exchange traded 88 points, or 0.49 per cent, lower at 17,980, signaling that Dalal Street was headed for a negative start on Friday. Here are some stocks which are expected to see some action in trade today.

Thursday's economic data and other reports this week paint a picture of still-stubborn inflation and an economy that remains relatively strong in the face of the Fed's rate hike campaign.

Asian equities slipped on Friday, while the dollar hovered around six-week highs as economic data and hawkish comments from Federal Reserve officials revived fears that the U.S. central bank will stick to its monetary tightening path.

Option data suggests a broader trading range in between 17700 to 18300 zones while a shift in immediate trading range in between 17850 to 18200 zones.

The Securities and Exchange Board of India (Sebi) communicated this in an email to several funds on Thursday, a fund industry person told ET. The AIFs were told to share the information by Friday afternoon.

Stock investment platforms such as IndMoney, Vested Finance and Stockal, among others, think the proposed increase in TCS on such transactions will deal a blow to the wealth management industry and hurt retail investors, sources added. Around eight such platforms are expected to jointly write to the Central Board of Direct Taxes and other stakeholders soon.

State-owned Bank of Baroda (BoB) has increased its MCLR by 5 bps across all tenors from February 12. The bank has revised one-year MCLR to 8.55% from 8.5%. The overnight, one-month and three-month MCLRs stand at 7.9, 8.2 and 8.3%, respectively, according to its website.

The Nifty IT index, which surged to highest levels since May last year, closed at 31,434 on Thursday, up 1.62% over the previous day. The Nifty ended at 18,038, up 20 points or 0.11% after rising 0.66% in the morning trade. The Nifty IT index has gained 3.8% in the past three days.

RIL with a market capitalisation of over Rs 16 lakh crore, the highest among Indian companies, hit a 52-week high of Rs 2,855 on April 29, 2022, but failed to hold on to the momentum

Rakesh Gangwal, his wife Shobha Gangwal, and their family trust, all of which are part of the promoter group, held a 33.78% stake in the airline company as of December 2022. In February last year, besides stepping down from the company's board, Rakesh Gangwal, the co-founder of India's largest carrier, announced his decision to reduce stake in the company slowly.

The index service provider said it will defer the implementation of cuts in the weights of Adani Total Gas and Adani Transmission to May, when it reviews the indices next, in light of "potential replicability issues due to impact from price limit mechanisms in specific securities."

The proposed combination relates to acquisition of shareholding by the Kotak Special Situations Fund (KSSF) and Kotak Pre-IPO Opportunities Fund (KPIOF) through a combination of secondary share purchases of equity shares and subscription to compulsorily convertible debentures of VVDN Technologies, according to CCI

“From the last 10 years of study and based on what we are seeing for the country, India will have the biggest and fastest growth rate. This country will see the biggest transformation among the rest of the countries of the world.”

At 10:09 a.m. ET, the Dow Jones Industrial Average was down 383.90 points, or 1.12%, at 33,744.15, the S&P 500 was down 46.70 points, or 1.13%, at 4,100.90, and the Nasdaq Composite was down 136.01 points, or 1.13%, at 11,934.59

MSCI said the reversal of the updates to these two securities in the February 2023 index review will be reflected in the MSCI Index Product files starting from February 16

"RIL stock price has witnessed a decent correction from the 2750 levels and has bottomed out near the 2300 zone which is a good support level of the previous low made forming almost a double bottom formation on the daily chart," Vaishali Parekh, Vice President - Technical Research, Prabhudas Lilladher Pvt. Ltd, said.

The ECB has already promised another large rate hike in March and policymakers are also hinting at a move in May, pushing up mortgage costs, thwarting corporate investment and raising governments' debt burden just as consumers feel their first price relief in a year

The ECB plans to cut its debt pile by 15 billion euros a month from March but this figure will be revisited and some policymakers have already called for quicker pace from the third quarter

The S&P 500 opened lower by 32.85 points, or 0.79%, at 4,114.75, while the Nasdaq Composite dropped 174.28 points, or 1.44%, to 11,896.31 at the opening bell

NMDC’s sales volume increased by 13.6% sequentially to 9.6 million tonne. Realisation fell by 2% from the previous quarter and by 35% year-on-year to Rs 3,840 per tonne amid lower demand as a majority of companies that use iron ore as an input reported subdued performance

The ECB raised rates by a historically large 50 basis points earlier this month and pre-announced another increase of the same size for March 16 as it extended a dogged fight against high inflation in the euro zone

A designated website brings in transparency and helps the investors to keep themselves well informed about the various activities of the Stock broker and Depository participant

Gangwal sold 1.56 crore shares at an average price of Rs 1,887 a share. The price was at a discount of about 5% to Wednesday’s close price

Mester, who does not have a vote on the Federal Open Market Committee this year, noted she would have been open to a larger rate rise at the gathering

The benchmark index Sensex closed with mild gains of about 44 points on Thursday to end at 61,319. During this choppy trade, nine stocks from the BSE 500 index have slipped to their 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.

Indian indices ended marginally higher on Thursday — in the green for third consecutive day — in tune with strong global cues. Volatility was witnessed during the last minutes of trading hours as concerns over rising inflation and fears of monetary tightening worldwide hit the sentiment. The BSE Sensex eked out gains of 44.42 points to settle at 61,319.51. Nifty ended marginally higher at 18,035. From the Nifty pack, ONGC, Tech Mahindra, Apollo Hospitals, Divis Labs and Nestle were the top gainers, while top losers included BPCL, HDFC Life, HUL, M&M and Bajaj Finance.“Nifty continued its yesterday’s bullish momentum and witnessed a gap-up opening and formed an intraday high at 18134.75 levels in the initial 30 mins candle. Nifty has witnessed some selling from the highs but as a sigh of relief, for bulls, prices were able to close above the 18,000 mark on the daily time frame.“The momentum oscillator RSI (14) on the daily chart has witnessed a horizontal trend line breakout above 52 levels with a bullish crossover on the cards. The index remains in a buy-on-dips mode as of now with immediate support placed at 17,900 levels and the near-term resistance capped below 18,200 levels,” said Rohan Patil, Technical Analyst, SAMCO Securities.Here are the stock recommendations for Friday:

Further, the company has also approved a bonus issue in the proportion of 1:1, which means for every equity share an investor holds, an additional share will be credited.

In constant currency terms, sales grew 0.2% sequentially and were largely on expected lines. Operating profit, calculated as earnings before interest, taxes, depreciation, and amortization (EBITDA), rose 8% sequentially and 4% YoY to Rs 2,144 crore

India VIX moved up by 0.23% from 12.86 to 12.89 levels. Volatility was slightly up and needs to sustain at lower zones for bull’s way in the market

From the Sensex pack, Tech Mahindra was the top gainer, rising over 5%. Nestle India, Tata Steel, NTPC, TCS Asian Paints, Wipro and Infosys also closed with gains

The US Food Drug and Administration (USFDA) concluded that the inspection classification of Aurobindo Pharma's wholly owned subsidiary, APL Healthcare's facility of telangana is Volunatry Action Indicated (VAI).

Share buyback through the open market is favourable for companies, but not for shareholders. A company keeps buying its shares from the open market at the market price

Closing Bell: Sensex ekes out 44-point gain; Nifty holds 18,000; SpiceJet rallies 12%, IndiGo sheds 5%.

The second is the domestic steel demand, which remains robust at this point and is also reflected in the consistent feedback from Indian steel companies in earnings calls. Thirdly, with the removal of export taxes, the export market has opened up, a positive for steel companies

So far this year, Reliance Industries has underperformed the benchmark, trading 5.28% lower on a year-to-date basis. Meanwhile, benchmark Nifty is down 0.54% in the same period. On Thursday, the stock is trading marginally higher at Rs 2,436.90 apiece on the NSE

Adani Group has a consolidated gross debt of Rs 2.3 lakh crore and net debt of Rs 2 lakh crore, spread across group companies as of September 22. The top companies by net debt levels are Adani Green Energy, Adani Ports, Adani Power and Adani Transmission with Rs 30,000 crore - Rs 40,000 crore in net debt

India first imposed windfall profit tax on July 1, joining a growing number of nations that tax profits of energy companies. At that time, export duties of Rs 6 per litre (USD 12 per barrel) each were levied on petrol and ATF, and Rs 13 a litre (USD 26 a barrel) on diesel

The company's sales rose 14% to Rs 4,233 crore in the December quarter, compared with Rs 3,715 crore in the same quarter of last year. Meanwhile, revenue from operations too jumped 14% year-on-year to Rs 4,257 crore for the reporting period

Nomura says that wiring harness (WH) content in vehicles experienced a significant increase, from approximately 2.5% previously to about 4.5% at present. This rise has driven an impressive 10% revenue compound annual growth rate (CAGR) over the past decade, despite only a 2% CAGR in OE car sales volume