In the international market, gold was trading higher at USD 1,988.80 per ounce and silver was marginally down at USD 25.01 per ounce.

First Republic Bank has registered a deposit outflow of over $100bn in the wake of the biggest crisis to affect the banking sector since 2008. The deposit outflows have been significantly worse than Wall Street estimates, and analysts suggest that it will be very difficult to recover from these levels. The uncertainty over bank deposits has caused clients to look for money market funds that offer higher returns or larger 'too-big-to-fail' institutions, leaving banks like First Republic under enormous pressure. With this in mind, they plan to shrink its balance sheet and slash expenses, as well as lay off between 20-25% of employees in H2.

Technically, RVNL is trading above eight out of eight SMAs. The day RSI (14) is 80.8. The RSI above 80 is considered strongly overbought. This implies that the stock may show a pullback. MFI is 89.6, and MFI above 80 is considered strongly overbought.

Closing Bell: Sensex rises for 4th session, ekes out 75-pt gain; Nifty above 17,750; Bajaj twins jump up to 2%; HDFC Bank drops 2%.

For the fourth quarter, auto makers are expected to put up a decent show in the fourth quarter with commercial vehicle and passenger vehicle companies expected to perform better than the two-wheeler players.

The plunge in U.S.-based First Republic Bank's deposits, reported overnight, served as a reminder that risks to stability have not entirely died down and prompted traders to renew expectations that the Fed will shift quickly from hiking to cutting rates.

The Zurich-headquartered investment bank and financial services company has asked investors to focus on sectors with a high domestic exposure as the global outlook remains unfavorable.

The 30-share BSE benchmark Sensex surged 75 points or 0.12% to settle at 60,132. The broader NSE Nifty rose 26 points or 0.15% to end at 17,769.

ICICI Securities in a note said YES Bank reported a mixed set of Q4FY23 earnings with healthy business growth, NIMs [net interest margins] and improvement in headline net stress. It said the profitability (RoA at 0.2%) remained weak due to continued investment in franchise and retail orientation

Despite the stellar rally, ITC continues to trade at a steep discount to HUL. ITC's price-to-earnings multiple is 28 times, whereas that of HUL's is nearly twice at 60 times.

The fund will invest in profitable SME companies with high-potential opportunities in unorganized sectors. About 51% of the corpus will be invested in unlisted SME companies, termed startups in manufacturing, consumer products, and technology.

Technically, RVNL is trading above eight out of eight SMAs. The day RSI (14) is 80.8. The RSI above 80 is considered strongly overbought. This implies that the stock may show a pullback. MFI is 89.6, and MFI above 80 is considered strongly overbought.

“EM assets have the edge – for now,” the strategists wrote in a Monday note. “We’ve seen a clear resilience in EM economic activity even as rising rates have slowed DM activity.”

Technical partnership between Olectra and Reliance on the Hydrogen Bus project will open the Indian market to a cutting-edge transportation system, it added.

According to market experts, weak export numbers and volumes are likely to dent Bajaj Auto's fourth-quarter earnings. Margins are also expected to contract sequentially due to weak operating leverage.

After two weeks of straight upmove,nifty once again witnessed volatile movement last week. In this correction, while the market breadth did suffer, it was better as compared to earlier correction. From a pharma company which has just born out of the demerger of a very large company to a QSR company which after witnessing churn in shareholding is making a comeback attempt. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.

Zomato has been swamped with multiple concerns over its Blinkit business after the quick-commerce platform’s delivery executives went on a strike protesting the change in the company’s payout structure.

The buyback offer represents a premium of 109% on the closing share price on February 1. It is the day of sending intimation to consider and approve the proposed buyback sent to the exchanges.

As the markets get jittery, select pharma stocks are back in focus. This tends to happen in volatile markets. Some of them are mid-sized Indian pharma companies which are not hit by pricing pressure of the US generic market and other issues which large pharma companies are facing. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.

Retail investors can benefit from monitoring the activities of their institutional counterparts, who usually invest substantial amounts after conducting thorough research. ET Markets' analysis has shown that Mutual Funds (MFs) have been consistently increasing their investments in 107 stocks listed on the BSE with a market capitalization of over Rs 1,000 crore for the last four quarters (June 2022 - March 2023). However, despite the continued increase in holdings, data reveals that more than 50% stocks have yielded negative returns over the past year. Nonetheless, there is a silver lining — 20 stocks on the list have gained over 20%, and among them, we have identified 6 that generated returns ranging from 50-130% (Data Source: ACE Equity).

After inline numbers from TCS and disappointment by infy, it might appear that Q4 earning season for the IT sector has taken a back seat. That might not be the case, as Q4 results will throw a light on how individual companies are managing the situation in a changed environment. Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores.

As the NIFTY and broader market recovers, analysts are bullish on select large cap stock. Making to the list are a host of companies from different sectors, like auto and auto ancillary to PSU banks which have been coming in limelight recently due to outperformance. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". The screener applies different algorithms for all BSE and NSE stocks. This predefined screener is only available to ET Prime users.

While foreign brokerage Jefferies has maintained a ‘buy’ rating on the Lodha Group company estimating a 35% upside, domestic brokerage HDFC Securities has left the price unchanged. Meanwhile, ICICI Securities has slashed the target price while cautioning for headwinds. Should you buy, sell or hold this stock?

Shares of Crompton Greaves Consumer Electricals tanked 13% to a 52-week low of Rs 255.5 in Tuesday's trade on BSE after the company announced the resignation of Mathew Job as Chief Executive Officer (CEO) & Director of the company to pursue other career interests.

A careful analysis of weekly charts suggests that the stock touched the Upper Bollinger band reversed which gave a confirmed downtrend, and the stock is in an overbought zone which is conformed by the RSI, suggest experts.

In the NSE list of stocks, six stocks with a market cap of over Rs 100 crore have been witnessing Death Crossovers, according to stockedge.com's technical scan data. The death cross is a technical indicator of bearishness. The death cross appears on a chart when a stock’s short-term simple moving average (SMA) crosses below its long-term moving average on the downside. The 50-day SMA of these stocks crossed below their 200-day SMAs on April 24. Take a look:

While foreign brokerage Jefferies has maintained a ‘buy’ rating on the Lodha Group company estimating a 35% upside, domestic brokerage HDFC Securities has left the price unchanged. Meanwhile, ICICI Securities has slashed the target price while cautioning for headwinds. Should you buy, sell or hold this stock?

Cyient shares have gained nearly 10% in the last three trading sessions. The rally was also on the back of strong Q4 earnings posted by the company on April 20, Thursday. The uptrend is likely to sustain going ahead, aided by strong technicals.

Latest shareholding pattern shows that FIIs pared their stake in Infosys by 120 bps to 35.09% in March quarter and in the case of bellwether Tata Consultancy Services (TCS) their holding went down by 22 bps to 12.72%.

Under the fresh terms of their strategic alliance, Serum Life Sciences will make an additional equity investment of $150 million through the conversion of the $150 million loan provided to Biocon Pharma, a wholly-owned subsidiary of Biocon, into equity in BBL.

Ipca Laboratories has agreed to buy 33.38% of the paid-up equity share capital of Unichem Laboratories for INR1,034.06 crore ($160m). The acquisition is subject to the approval of the Competition Commission of India. Ipca Laboratories’ board of directors also approved making an open offer to the public shareholders of Unichem Laboratories to acquire up to 26% of the fully diluted outstanding equity share capital of the company at INR440 per share amounting to INR805.44 crore.

Despite the underperformance, this sector has been under the spotlight led by robust sales in residential real estate. The outlook remains strong and certain stocks are likely to ride this uptrend.

At least 8 of the 50 stocks in India's Nifty50 index are dangerously close to their 52-week low levels, according to analysis. Infosys, the Indian IT company, is the closest to its 1-year low, just 4% away from its Rs 1,185 ($15.76) mark. A total of four IT stocks feature in the list, which analysts said were among the worst affected sectors, affected by domestic and global headwinds.

In the Nifty500 pack, seven stocks' prices crossed above their 200 DMAs (Daily Moving Averages) on April 24, 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:

Shares of Ipca Labs opened 9% lower after the company approved entering into a definitive share purchase agreement for the acquisition of a 33.38% stake of Unichem Laboratories for Rs 1034.06 crores. Mahindra Lifespace Developers opened over 3% higher after the firm was selected as a partner to redevelop a residential society in Mumbai that offers a revenue potential of about Rs 8.5 billion.

Peter Lynch, an American investor and mutual fund manager, is best known for growth at a reasonable price approach to investing. Lynch is often associated with the PEG ratio which measures PE ratios in relation to growth rates. Based on the idea of Lynch, a custom screen made by MarketSmith emphasizes securities that are trading for below-average prices on a PE or PEG basis and are not already widely owned by institutions.Here are 11 Indian stock picks inspired by Peter Lynch's hunting style, as listed on MarketSmith:

Sensex flat, Nifty above 17,700; Ipca Labs falls 6%, IndusInd Bank gains 2%; Rail Vikas Nigam, Future Consumer and Indiabulls Real Estate are some of the top gainers in the morning trade.

India VIX was up by 0.32% from 11.63 to 11.66 levels on Monday. Volatility spiked above 12 zones but later sunk and has now dried up. It is now consistently hovering at its lower zones which is a positive sign for the bulls.

IndusInd Bank's standalone net profit rose 50% to Rs 2,040 crore for the fourth quarter ended March 2023. It was Rs 1,361 crore in the same period last year. The profit beat the estimate of ET Now Poll, which expected the figure to be around Rs 2,000 crore. The net interest income (NII) of the lender came in at Rs 4,669 crore for the quarter under review, which is up 17%, compared with Rs 3,985 crore in the corresponding quarter of last year.

The Serum Institute of Life Sciences will double its investment in one of Biocon Ltd's units, giving it access to 100 million doses of vaccines annually along with the distribution rights to Serum's vaccine portfolio, the Indian biopharma firm said on Tuesday. "Serum will not have an operational involvement but have a board seat", says Kiran Mazumdar-Shaw, Executive Chairperson of Biocon Limited.

After making a short-term peak in January at Rs 120, the price of this company has been moving sideways in a range between Rs 98 and Rs 76. Now the price has given a breakout of this consolidation on the upper side by rising above the horizontal-trendline resistance. The breakout in price is supported by a huge surge in volume.

Nifty futures on the Singapore Exchange traded 30.5 points, or 0.17 per cent, higher at 17,789.50, signaling that Dalal Street was headed for positive start on Tuesday. Here are some stocks which are expected to see some action in trade today.

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 Baroda and Coal India while Nooresh Merani has a buy/sell recommendation on Axis Bank and Balrampur Chini for today's trading session. Check out the targets and stoploss.

The markets on Monday were in an upbeat mood with the Nifty ending the day with two-thirds of a percent gain. The volatility index rose a little but still continues to be at a very low levels, signally caution still no new purchases.

On Monday, the Nasdaq closed lower, underperforming the S&P 500 and the Dow, with pressure from high-profile megacaps as investors awaited results from companies including Microsoft, while Tesla shares fell on concerns about its spending plans.

The stock emerged as a top gainer in the IT space. Continuing its prior rising trend, the stock rose to a 52-week high of Rs1,230. The key technical indicators formed a bearish divergence on the short-term timeframe chart.

The Nasdaq closed lower on Monday, underperforming the S&P 500 and the Dow, with pressure from high-profile megacaps as investors awaited results from companies including Microsoft while Tesla shares fell on concerns about its spending plans.

Investors would also keep an eye on key global events such as the Bank of Japan interest rate decision and GDP data for several important economies including the US, Eurozone and Germany.

Bank of Maharashtra's net profit more than doubled year-on-year to Rs 840 crore in the fourth quarter as against Rs 355 crore in the same period last year.

This would be the third big order for Anupam in a month taking the cumulative value of contracts to around ₹2,500 crore. With this, the order backlog of the company will cross ₹5,000 crore giving revenue visibility of 5-7 years.