The battle for EV will take a new turn as old guard companies of the sector get ready to launch their offerings. Right from two wheeler to PV, the next couple of quarters will see them coming to market.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 Nifty’s recovery is hit by Infy’s Q4 disappointment leading to a consolidation for the last few trading sessions. On the lists are two financial services companies, one being a biggest financial creator and second being from a conglomerate which has many successes but financial services is not something they would count as their success. These companies have come on the list because their scores have inched up and also their prices have moved up in the last one month. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters.

Alternative Investment Funds (AIFs) is a newly emerging asset class that is gradually attaining traction in our country. The journey of AIFs as a distinct asset class was recognized when SEBI introduced the AIF regulations in 2012. Edelweiss Alpha Fund was the country’s first alternate investment fund which was launched in June, 2013 which was followed by DSP Blackrock Enhanced Equity Fund in May, 2014. Today, as per SEBI records, there are more than 1100 AIFs registered with it. The AIF industry registered a humongous growth by over 7x (48.5% CAGR) with its assets (across all its categories) grown over the last 5 years from Rs. 96,021 crores as of June 30, 2017 to over Rs. 6.94 lakh crores as of June 30, 2022 (Source: PMS Bazaar - Annual Summit, Nov 2022).

The stock has given stellar returns of more than 50% over the last one year. It is the second-best performing stock on Nifty50 on a year-to-date (YTD) basis. So far in 2023, the stock has gained a whopping 20%, against Nifty50 which has dipped 2%.

Adani Ports shares were trading at Rs 666.45 on NSE, up Rs 8.05 or 1.22%. The stock was also the top gainer on Nifty50 in early trade.

Japan's Nikkei share average rebounded from losses seen on Wednesday, spurred by the surge in retailers on the back of an increase in foreign visitors, and a rise in semiconductor shares despite early declines. The index added 0.18% to 28,657.57, closing near the day's high. The broader Topix finished the day slightly lower at 2,039.73. The best performers were banking and insurance sectors, and paper & pulp, while mining incurred the biggest losses. The Nikkei had 128 stocks in the green, 88 in the red and nine remaining flat.

Brokerage firm Motilal Oswal, however, maintained a buy rating on ICICI Securities with a price target of Rs 530, estimating a 15% upside. The target price is premised on 12X FY25E P/E of the company.

"The organic growth of >5% was higher than our estimate and led by a revival in the UK government, strong UK private (retail and financial services) and stability in the NHS and Oracle CX business. The order book remains healthy, having improved by 4.1% QoQ CC to USD 218 million, indicating continuity of organic growth," HDFC Securities said.

Technically, Emkay Global is trading above eight out of eight SMAs (Simple Moving Average). The day RSI (14) is 51.9. RSI below 30 is considered oversold and above 70 overbought. While, the Day MFI is at 72, MFI above 70 is considered overbought. This implies that stock may show pullback, Trendlyne data shows.

Ace investor Ashish Kacholia increased his stake in Garware Hi-Tech Films and Knowledge Marine & Engineering Works during the March quarter, while adding three new stocks to his portfolio. Kacholia's new holdings include Aditya Vision, Inflame Appliances and Virtuoso Optoelectronics, all acquired during Q1 2021. Kacholia publicly holds 44 stocks, with his overall net worth standing at over Rs 1,855 crore ($253m). Kacholia co-founded Hungama Digital with Rakesh Jhunjhunwala in 1999 and started building his own portfolio in 2003.

Mrs Bectors Food Specialities Limited (MBFSL) has given investors returns of over 90% despite poor benchmark performances in the last year, with predictions that it could deliver between 10% and 27% returns over the long term. The company makes and markets several types of biscuits and has a strong northern presence in India, sold under flagship brand Mrs. Bector's Cremica, and is expected to benefit from both technical and fundamental factors. Recommendations include a 10% increase in target prices to Rs 650 by Centrum Broking and upside potential of 27% from Sharekhan.

The freefall was arrested to an extent after US-based FII GQG Partners had signed a Rs 15,000 crore deal with Adani Group promoter entity SB Adani Family Trust to buy stakes in Adani Ports, Adani Green Energy, Adani Transmission and Adani Enterprises.

Jindal Steel & Power (JSPL) has broken out of its falling channel on the daily charts with strong volumes, indicating a bullish sign. Experts suggest that the breakout has opened room for the stock to retest its previous breakout zone in February 2023, and possibly even go beyond that. The stock is trading above most of its short and long-term moving averages and has formed a bullish candle on a monthly scale. The momentum is picking up as the RSI (relative strength index) moves higher towards 60 zones, and good momentum is seen in Metal stocks, suggesting that the stock is likely to outperform in the coming sessions.

Investors will keep a close eye on consumer confidence data, due at 1400 GMT, which is expected to show a slight improvement in consumers' expectations of the economic conditions in the region in April compared to a month ago.

In the NSE list of stocks, three 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 19. Take a look:

In the Nifty200 pack, these five stocks rose to close above their 200 DMA (Daily Moving Averages) on April 19, 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:

A historical analysis by Bloomberg Intelligence in 2021 showed that local fund managers have had smaller holdings in companies that reported governance issues than overseas and individual investors.

"There is a significant demand-supply mismatch in the region. We see strong revenue and margin traction for Medanta. It is the largest private healthcare player in the region," Jefferies analysts said.

The volatility in global markets notwithstanding, DIIs have been relentlessly buying equities, and in the first three months of 2023, they have pumped in Rs 832 billion, data shared by NSE showed. This is almost equal to the total inflows seen in 2021.

Sensex flat, Nifty holds above 17,600; Mastek gains 3%, ICICI Securities falls 5%; NBCC, Dabur India, Tata Motors are some of the top gainers in the morning trade.

“The index is now got stuck at higher zones but still needs to hold above 17620 zones to witness an up move towards 17717 and 17777 zones while on the downside supports are placed at 17550 and 17442 marks,” recommends Taparia.

Nifty futures on the Singapore Exchange traded 22.5 points, or 0.13 per cent, higher at 17,676, signaling that Dalal Street was headed for positive start on Thursday. 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 Ultratech Cement and L&T 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.

Infosys stock, which is down over 35% from its all-time high level, is available at 21.71x PE vs its 5-year average PE of 25.59x. Similarly, IT bellwether TCS is down over 22% from peak and is not finding enough takers at 27x PE, below the 5-year average of 29x.

Worries about an economic downturn, which were also highlighted by the Fed at its March 21-22 policy meeting, and concerns about banking sector stress have encouraged markets to price in at least a 25-basis-point cut by the end of 2023.

In the Sensex pack, Titan AND Ultratech Cement were the top gainers, rising over 1%. Asian Paints, ITC, Tata Motors, TCS, Bajaj Finserv, and HDFC Bank also opened higher. On the other hand, only Tata Steel, HUL, and Bajaj Finance opened with cuts.

The markets on Wednesday kept in line with this week’s marginal declines, with the Nifty ending the day with almost a quarter of a percent in the red. The headline index, though, did better than the Nifty Bank and the broader markets.

The price of this company has been sliding lower since topping out in November last year. Over the past couple of months, it was consolidating and has recently given a trendline breakout. The price had gone sideways after the breakout and is now resuming its upside move. The rise in volume at the time of the breakout and now, on resumption, is supportive of the price.

Indian markets closed lower for the third consecutive day. HCL Tech shares were down more than 2% before its Thursday results. TVS Motor rose more than 2% and broke the triangle formation, indicating positive momentum. Swastika Investmart's Pravesh Gour recommends buying it. Prism Johnson rallied more than 11%, breaking out of the triangle formation. Gour recommends purchasing shares as well. HCL Technologies is currently in consolidation and could form a base around the Rs1000 level. Gour recommends buying on dips.

The S&P 500 ended virtually unchanged on Wednesday while the Dow dipped as investors digested a mixed bag of corporate earnings, including upbeat reports from medical technology companies, countered by weakness in Netflix shares.

Shares of Tesla Inc slid 6% in after-hours trading after the electric vehicle maker posted its lowest quarterly gross margin in two years, missing market estimates. Elon Musk doubled down on the price war he started at the end of last year, saying Tesla would prioritise sales growth ahead of profit margins in a weak economy.

After a muted set of numbers from TCS and Infosys, all eyes will be on HCL Technologies as it will come out with its fourth quarter results today.

It’s not clear if 10X AD will lead an investor consortium of family offices and ultra-high-net-worth individuals in Abu Dhabi or go it alone and invest $150-200 million

India's economy is predicted to grow at a resilient rate of 6% in FY24, slightly easing from 7% in FY23, according to a poll of 20 economists. Despite the slowdown, India will remain the fastest-growing major economy. India's growth is expected to bounce back to 6.5% in FY25. The poll also suggested that inflation will fall within RBI's inflation target band of 2-6% to 5.3% in FY24, which will also support demand. The poll's forecasts ranged from 5.2% to 6.3% with a median estimate of 6%.

Private equity firm KKR is optimistic about investment prospects in India, according to co-CEO Joseph Y Bae. The US company is keen to invest in healthcare, consumer and technology sectors, and interested in India's privatisation programme. KKR began investing in the country in 2006 and has committed over $10bn there so far, and Bae sees strong fundamental growth in the country's economy. India has a young population and growing middle class, said Bae, making it an attractive destination for consumer and retail sectors, as well as technology adoption.

The move is a fresh step in resolving the issue surrounding the European Securities and Markets Authority's (ESMA) decision to de-recognise the CCIL following the RBI's refusal to permit rights of an external regulatory audit. Following a significant softening in the stance of the European regulators, the RBI is said to be more amenable to settling the dispute.

The norms will largely be in line with the central bank's notification on wilful defaulters. Those norms provide for a personal hearing before an account/borrower is called a wilful defaulter, people familiar with the matter said.

Other financial institutions National Housing Bank (NHB) and the National Bank for Agricultural and Rural Development (Nabard) are also set to tap debt capital markets on Friday. NHB is likely to sell three-year bonds of up to Rs 2,000 crore, while Nabard is set to issue three-year bonds of up to Rs 5,000 crore, the sources said.

The sale is likely in the first quarter through a QIP (qualified institutional placement), managing director AS Rajeev told ET. "We were planning to raise QIP in the fourth quarter of FY23 but delayed it when the market turned volatile following the bank failures in the US. As the market appears to have steadied now, we have decided to renew the plan," Rajeev said.

The stock closed at ₹1,077 on the NSE, down 4.75% from the previous close. More than 3.3 million shares exchanged hands on the BSE and NSE, over six times its combined average daily volume.

For instance, the FPI holding in construction firm NCC has increased from 8.89% in March 2022 to 19.96% in March 2023. According to Bloomberg analyst consensus estimates, the stock can yield nearly 15% in a year.

The weighted average call rate, the target of the Reserve Bank of India's (RBI) interest rate actions, also climbed above the repo rate, a development that usually occurs when banking system liquidity is in deficit.

The survey showed a net 63% of investors expect a weaker economy - the most pessimistic since December 2022. This has also led to the highest allocation to bond markets, which has seen a 9 percentage points month-on-month to a net 10% under-weight - the highest since March 2009.

Aditya Birla Capital's recent breakout from a consolidation range since December 2022 could see its stock head towards the Rs 180 level. The Supertrend indicators also triggered a buy call on April 10, suggesting that bulls are in control.

Wall Street experienced a dip on Wednesday due to a rise in Treasury yields and mixed earnings from regional banks. Tesla fell 1.6%, while Netflix dropped 3.8% after a downbeat forecast. Morgan Stanley's quarterly earnings fell, whilst Goldman Sachs Group also saw a 19% drop in profit, causing a decline in both shares.

“We advise short-term traders to buy AB Capital stock in the range of Rs. 163-160 for the potential near-term target of around Rs. 180. The stop loss for long positions should be placed below Rs. 154,” Ruchit Jain, Lead Research, 5paisa.com, said.

The Indian rupee fell to its lowest value against the US dollar since April 3 on Wednesday at INR82.225, with the greenback boosted by higher US Treasury yields. Aforex dealer said further losses for the country's currency could follow a key level break of 82.20, while rate cut expectations from the Federal Reserve have also pushed trading into a choppy phase

This move comes after an attack by Hindenburg Research in January, which claimed high debt levels and share price manipulation. In March, the company recorded its largest port cargo volumes and handled 32 mmt of total cargo.

Zerodha, India's largest brokerage firm, credits its success in disrupting retail broking to its customer referral program. Over 1 million customers have referred their friends and family, and the company just made its largest referral payout. Users get 300 Zerodha reward points for each referral subscribing to paid products such as Streak, Sensibull, Smallcase, and LearnApp

Dow falls 86.80 points, S&P 500 opens lower by 15.54 points and Nasdaq Composite drops 89.73 points