Sharma stated that its electronics, railways & metro, data centres, warehouse & logistics and renewables segments are growing at a high rate of 15 per cent and above.

Infrastructure, banks, EVs, and Green Energy key themes in FY24

Morgan Stanley analysts are cautious over India's relative returns in 2023 due to the recovery in emerging markets, but are optimistic on improvement in absolute returns over 2022. The global brokerage has set a target of 68,500 till December 2023 for BSE Senex, which implies an upside potential of 13%. In this scenario, the brokerage has set its eyes on 10 stocks from various sectors.

Morgan Stanley analysts are cautious over India's relative returns in 2023 due to the recovery in emerging markets, but are optimistic on improvement in absolute returns over 2022. The global brokerage has set a target of 68,500 till December 2023 for BSE Senex, which implies an upside potential of 13%. In this scenario, the brokerage has set its eyes on 10 stocks from various sectors.

Last year, smallcap stocks were the most affected by the subdued performance of the Indian stock market, destroying the wealth of small investors

Budget 2023, RBI policy and events around Adani group ensured that Nifty stays in volatile mode with bearish bias. However, even during this period, there are still some pockets where stocks have seen an improvement in their analyst scores. 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.

Yields on the benchmark 10-year Treasury note rose to their highest in more than a month following an auction on Thursday of 30-year bonds that saw weak demand.

As Nifty and broader market corrects, judged on the basis of price earning (PE) ratio some stocks may start to look cheap. More often than not, relying on PE may lead to wrong investment decisions given the huge difference in what is value and what looks cheap due to one financial ratio. The PEG ratio is a better indicator than many other ratios especially P/E which is followed by the majority. The selected list applies different algorithms for all BSE and NSE stocks. For the purpose of this article, we have taken only NSE stocks into consideration.

The broader market indices have formed a bullish reversal pattern on the daily timeframe. The Nifty Midcap Index has moved up after forming a hammer pattern on the daily chart, whereas, the Nifty SmallCap index has formed a bullish harami pattern.

The Adani group, controlled by billionaire Gautam Adani, has lost more than $100 billion in market value since Jan. 24, when a U.S. short seller issued a scathing report on the apples-to-airports conglomerate.

Analysts remain broadly positive on the capital goods space as higher spending by the government will drive orders and boost revenue visibility for the companies in this sector.

If a business faces a cash crunch, it would disrupt the functioning of the business and will face difficulties in funding for future growth initiatives.

The Adani group, controlled by billionaire Gautam Adani, has lost more than $100 billion in market value since Jan. 24, when a U.S. short seller issued a scathing report on the apples-to-airports conglomerate.

Over the period, I have realized two things, this is a Marathon and not a 100 meters sprint race, so one needs to build longevity in professional life, and this is a business of relationships and not of transactions.Transactions are incidental to the relationships that you build over a long period of time.

If a business faces a cash crunch, it would disrupt the functioning of the business and will face difficulties in funding for future growth initiatives.

“I try to play badminton almost every day, though the work nature and extensive travel does not allow that liberty,” says Abhijit Tare, Managing Director & CEO, Motilal Oswal Investment Advisors Ltd.

Over the period, I have realized two things, this is a Marathon and not a 100 meters sprint race, so one needs to build longevity in professional life, and this is a business of relationships and not of transactions.Transactions are incidental to the relationships that you build over a long period of time.

The Adani Group hiring one of the most expensive law firms in the US also reflects the tremendous pressure that the group is currently under, a report by Financial Times said.

On aggregate, analysts cut consensus targets by 1.53% to Rs 80.7 apiece, which presents a 51% upside potential from the current levels

MSCI has marginally increased the weights of Reliance Industries, HDFC, Infosys, ICICI Bank, and TCS. The other stocks where outflows could be seen due to a reduction in weightage include HCL Technologies ($97 million), Jindal Steel & Power ($19 million), Shriram Finance ($14 million), and ACC ($12 million), according to Nuvama.

On March 5, 2020, Yes Bank was put under a moratorium by the RBI and later a reconstruction scheme was put in place with State Bank of India as the majority equity shareholder and a clutch of more than half a dozen domestic banks picking equity stake in the lender

Yields on the benchmark 10-year Treasury note rose to their highest in more than a month following an auction of 30-year bonds that saw weak demand

The ECB has raised interest rates by 3 percentage points since July and promised a 50 basis-point hike for March, and Schnabel would not rule out another 50 basis-point move in May as well.

Adisri offered Rs 3000 crore upfront payment and the balance as deferred payment in the form of non-convertible debentures (NCD), optional convertible debentures (OCD) and equity

It further said that an entity not appearing in the Alert List should not assume that it is authorised by the RBI to deal in foreign exchange or can operate electronic trading platforms for forex transactions

Investment banks JM Financial and IIFL are the lead managers for the IPO. A DRHP has been filed on Friday and the IPO will be launched by May 2023, said sources

The Dow Jones Industrial Average fell 28.34 points, or 0.08%, at the open to 33,671.54

The benchmark index Sensex closed down by about 123 points to 60,683 on Friday. Despite weakness in the market, seven stocks from the BSE consumer discretionary index managed to touch 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 private sector bank will acquire 26.45 million equity shares of microfinance company Sonata, of face value 10 rupees each fully paid up, for a total consideration of approximately 5.37 billion rupees, the private lender said in an exchange filing

Earlier this month, the exchange had placed three Adani group stocks–Adani Enterprises, Adani Ports, and Ambuja Cements under additional surveillance measures (ASM) to curb excessive volatility

LIC's total exposure to Adani Group is less than 1% at 0.975% of its total assets under management (AUM) at book value. LIC's total holding in Adani Group of companies under equity and debt is Rs 35,917.31 crore as on December-end. On the book value, the debt is around Rs 6,000 crore

Nifty is consolidating near the 20-day SMA and closed above the 14-DMA, suggesting a near-term bullish trend. Besides, the index ended the week above 17800, which again points towards a strong weekly close. Momentum indicator RSI is in a bullish crossover and rising

Nifty is consolidating near the 20-day SMA and closed above the 14-DMA, suggesting a near-term bullish trend. Besides, the index ended the week above 17800, which again points towards a strong weekly close. Momentum indicator RSI is in a bullish crossover and rising

The brokerage is overweight on financials, technology, consumer discretionary and industrials and underweight all other sectors. In its model portfolio, Morgan Stanley has increased weightage on its top bet financials by 600 basis points to 25.2%

Moody's Investor Service on Friday revised downwards the rating outlook on four Adani Group companies to negative from stable after a significant and rapid decline in market value following a report by US-based short seller Hindenburg Research.

For Adani Green Energy (AGEL), the outlook has been revised to ‘negative’ from ‘stable’, while the ‘Ba3’ rating remains unchanged.

Equity benchmark Sensex declined 123 points on Friday due to selling pressure in metal and energy stocks amid a bearish trend in global equity markets. Snapping its two-day gaining streak, the 30-share BSE Sensex ended 123.52 points or 0.20 per cent lower at 60,682.70. During the session, the index touched a high of 60,774.14 and a low of 60,501.74. The broader NSE Nifty slipped 36.95 points or 0.21 per cent to finish at 17,856.50.

From the Sensex pack, HCL Tech, Tata Steel, ITC, M&M, Reliance and ICICI Bank ended lower. Wipro, NTPC, Infosys, Asian Paints and HUL also ended with cuts

MSCI reasssessed the size of companies' free floats, having determined there was "sufficient uncertainty" surrounding some investors in Adani companies. It embarked on the review after feedback from market participants.

Sebi is looking into any potential violation of Indian securities laws or any conflict of interest in the share sale process, said the two sources who have direct knowledge of the matter

When a firm issues bonus shares, its shareholders do not have to incur any extra costs to get them. The number of bonus shares you receive depends on the number of shares of the firm you already hold

Sebi is looking into any potential violation of Indian securities laws or any conflict of interest in the share sale process, said the two sources who have direct knowledge of the matter

In addition to Adani Enterprises - the group's coal-miner-cum-incubator for new projects, MSCI said it plans to cut the weightings for Adani Total Gas - a venture with France's TotalEnergies and Adani Transmission, a power transmission company.

One of the biggest factors at play here, and in international economies like the US and Europe, is the consistently high inflation and the central bank movements aimed at controlling the same, including quantitative tightening and significant hikes in interest rates.

"LIC's total exposure (debt and equity) to Adani Group of stocks stands at less than 1% of the total AUM," says LIC Chairman MR Kumar

In addition to Adani Enterprises - the group's coal-miner-cum-incubator for new projects, MSCI said it plans to cut the weightings for Adani Total Gas - a venture with France's TotalEnergies and Adani Transmission, a power transmission company.

Strong outperformance is seen in the capital goods space amid market volatility. “Looking at the overall chart structure on a weekly and monthly scale we expect the stock to move higher,” highlighted Beriwal.

In a block deal, 3.4% equity or 2.1 crore shares of Paytm's parent company One97 Communications changed hands today in which Chinese multinational Alibaba sold its entire stake, ANI reported.

Analysts say the proposal is going to have an impact of 10-12% in the topline of life insurance companies. Budget's nudge towards the new tax regime is also likely to affect sales of life and health insurance policies.

The business momentum continues to be strong for LIC and as a result, the overall market share by first-year premium income was 65.38% for the nine months ended December as compared to 61.40% for the corresponding period last year.