The index analyzes monthly changes in key inputs that factor into calling a recession, including capacity utilization, jobless claims, manufacturing and sentiment. It indicates that an economic downturn possibly started in June and bottomed in December.

Bajaj Finance, Cholamandalam Investment and Finance and Shriram Finance may lead the growth due to strong consumer demand and as they continue to have access to funds.

The stock, part of the S&P BSE Sensex index, hit a record high of Rs 1,702 on January 24, 2023, but failed to hold on to the momentum. The stock took support above Rs 1,500 levels before bouncing back.

​We reiterate our preference on banking, financials, FMCG and auto; and be selective in others. Axis Bank has formed a strong base around the long-term moving average.

"HDFC Bank stock is making higher tops higher bottoms from the last four weeks and recently gave a breakout on daily frame after halting near 1650 zones," Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd, said.

Even though both the US and domestic inflation print came in softer, investors were worried after the Fed minutes hinted at a mild recession this year. Amid such a sentiment, Indian equities started the session on a sluggish note but managed to end in the green. Nifty at the close-ended above 17,800 points. Markets remained shut on Friday due to Ambedkar Jayanti.“Nifty rallied for the third straight week, and during the process, it also retained a series of ascending tops and bottoms for the 9th session. Nifty retraced almost 50% of the previous decline, which occurred off its record high. The appearance of multiple indecisive candles could lead to minor consolidation to digest recent up move, however shifting base higher levels of 17600 to act as immediate support,” Amit Trivedi, CMT, Technical Analyst - Institutional Equities, YES Securities, said.Here are stock recommendations for Monday:

Even though the benchmark Nifty offered flattish returns in FY23, some stocks, especially in the capital equipment space, had a good year. In addition, basic materials, energy, consumer cyclical, and consumer staple stocks have also made a mark in FY23. Here are the top 10 stocks with a market capitalisation of over Rs 2,500 cr in the last fiscal. (Source: MarketSmith India)

Raghav Productivity Enhancers is one of the largest ramming mass producers in the world. Ramming mass is used as furnace refractory lining material for steel companies.

The moot issue for any start-up is the ease of compliance, clarity on tax, flexibility in transferring funds in global markets, multiple currency acceptance via a single bank account to ease conducting of trading operations from various countries, ambiguity on undertaking certain cash outflows from India, reporting compliances, etc.

Liquor is one of the most taxed businesses in the country. A bottle of a particular brand which cost Rs 400 in one state may cost as much as Rs 1200 in another. State governments don't want to lose their power to tax liquor business. Another big factor in this business is the establishment of the brand. History is filled with examples, where companies have gone down because they invested too much in brands that did not do well, however they still survived for another day to launch a brand.

Even though the benchmark Nifty offered flattish returns in FY23, some stocks, especially in the capital equipment space, had a good year. In addition, basic materials, energy, consumer cyclical, and consumer staple stocks have also made a mark in FY23. Here are the top 10 stocks with a market capitalisation of over Rs 2,500 cr in the last fiscal. (Source: MarketSmith India)

The rationale behind the split of equity shares is to enhance the liquidity of the company’s equity shares in the stock market and widen the shareholders base by making the equity shares more affordable to small investors.On the ex-split date, investors holding the stock until the record date will receive the new shares in Demat accounts, and the stock price will be adjusted according to the split ratio

Foreign portfolio investors (FPIs) have invested Rs 8,767 crore ($1.16bn) in Indian equities in April 3-13, according to depository data, after investing Rs 7,936 crore ($1.05bn) in March. Experts point to a reasonable valuation for Indian stocks and stabilisation of the global scenario on the back of moderation in apprehensions about the banking crisis in the US and Europe as contributing factors. Nevertheless, FPI flows may remain volatile due to the US Federal Reserve's tight monetary policy.

This often leads to a phenomenon known as "System hopping," where traders experiment with various strategies across different asset classes, unaware of the finite nature of their funds. As a result, they often deplete their trading capital, become demotivated, and exit the market.

Many investors, especially the ones sitting on cash were confused about what they should do in the market which is being bombarded with bad news. Should they – buy the dip or not, probably have entered the market in a few weeks of rally which the market has been witnessing from the start of FY 24. For all those investors confused about whether to buy and what to buy, We looked at different parameters and made a list using Refinitiv’s Stock Report Plus which lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".

On the derivative side, FIIs have covered shorts in the April series after their net short positions touched an all-time high a month ago. Insiders bet that the FII short-covering could continue to Nifty and touch at least the 18,200 mark, where the index may start to look relatively expensive.

Parents have a daunting task in their hands when it comes to achieving the education goal of their children. While there involve multiple complexities in it which even get accentuated by a greater degree of uncertainties, higher volatility and soaring cost of education. However, the goal can be achieved if one follows a prudent and structured approach. We have taken a holistic view and tried to ascertain the possible challenges, the silver linings from the methodical financial planning techniques which create the opportunities to overcome these challenges and finding the multiple ways to fulfill the dream of achieving a child’s education goal.

PE ratio is easy to calculate and understood by a large majority among the valuation ratios, because of which PE ratio is one of the most overused and misused ratios. It is used by all and sundry to justify their valuations and create mirage of value. Right from investor presentations to research reports, one will find its mention everywhere. But is this the right matrix to look at ? The answer is no.

The Nifty extended its gains by another 1% in a truncated last week and tested our targets of 17800, driven largely by short covering. Once again, financial stocks were major gainers of the week, along with midcap and small caps, which continued their momentum in the new financial year. Going ahead, we expect the Nifty to consolidate with support near 17500 amid results from heavyweights

As a seasoned expert, Dev wasn't surprised by Tara's problem. He explained that financial markets offer a vast array of instruments that can be traded on exchanges, providing traders and investors with the opportunity to diversify their portfolios, manage risks, and generate returns.

HDFC Bank's valuation rallied Rs 15,065.31 crore to Rs 9,44,817.85 crore.The market valuation of HDFC climbed Rs 10,557.84 crore to Rs 5,11,436.51 crore and that of ITC zoomed Rs 10,190.97 crore to Rs 4,91,465.96 crore

Dev continued elaborating further: “The stock price can fluctuate based on various factors like financial performance, industry trends, and market conditions. You can even earn dividends if the company performs well! Even if you're not interested in dividends, you can still benefit from price changes by trading stocks on the exchange or taking exposure through derivatives without owning any underlying stocks."

Benchmark indices rose for 10 straight sessions, marking their longest winning streak since October 2020. The rally in 10 sessions brought more than 800 points gain in Nifty50.

More women, more power! At least for mutual funds houses! According to AMFI data, the number of women investing in mutual funds has jumped a whopping 50% in the last 3 years.

In fact, Infosys even said that they are looking forward to price increases coming through in FY24. My take is that in the pressured macro environment we are currently in, I would probably think that customers are going to push back and very likely they are going to get some pricing cuts because the competitive intensity is fairly high.

The bank has set the record date as May 16 to determine those shareholders eligible to receive the dividend.

Adani Group stocks remained under pressure since the US-based short-seller Hindenburg's report came. In Q4 FY23, mutual funds (MF) reduced their holdings in six stocks while foreign institutional investors (FIIs) pared their investment in five counters. Barring NDTV, mutual funds are investors in 9 Adani stocks while FIIs have a presence in all 10. Here's a list to know who owns how much in Adani stocks, as per Ace Equity data:

The outlook for this fiscal year is again pretty good because of the pre-election year. You always have a pretty high government spend on infrastructure as well as housing and you will actually see it coming through

Famous American hedge fund manager, Victor Niederhoffer says the best way to achieve success is to master all the rules for disaster and then concentrate on avoiding them as there are so many ways to lose, but so few ways to win the investment battle."A speculator must think for himself, must follow his own connections. Self-trust is the foundation of successful effort. Don’t follow the mentally lazy habit of allowing a newspaper or broker or a wise friend to do our security market thinking," he wrote in his book, "Practical Speculation".

As the NIFTY continues its upward journey, bias of the underlying volatility has once again tilted toward bulls. During this period, there are still some pockets where stocks have seen an improvement in their analyst scores. Though on Monday, given the pressure which some large cap IT stocks may witness we might see volatility once again changing the color.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.

Additionally, if we dig a bit deeper, we might ask for details about a company’s management group or its many business divisions. (of course, keep in mind that the information might not be accurate).

For the purpose of this report, we have selected stocks wherein the count of analysts is at least 7 and the average stock report score is at least 6. Further, the stock must have an overall rating of either a “Strong Buy” or a “Buy”.

Nifty continued its bullish momentum for the third consecutive week and closed higher at 17,828 levels with a gain of 1.30% on the weekly closing basis. Prices have shown a strong reversal from the lower levels and gained more than 5% in just three weeks, which indicates strong buying demand in the benchmark index from the lower levels.

Nestle is a company that we all have been hearing about since our childhood. From Kitkat to maggi, the most popular and loved products in the market belong to Nestle. But have you ever wondered how Nestle India makes money? How much revenue does it get by selling ice tea, kitkat or maggi? In today's video, we are going to focus exactly on that and decode Nestle India's revenue streams.

Vinyl Chemicals was the top gainer, clocking nearly 42% returns last week. The stock also scaled an over three-month high of Rs 584.90. Many realty stocks made to the outperformers’ list. Shares of Prestige Estates Projects, DLF, Godrej Properties, and DB Realty gained 7-18%.

Vinyl Chemicals was the top gainer, clocking nearly 42% returns last week. The stock also scaled an over three-month high of Rs 584.90. Many realty stocks made to the outperformers’ list. Shares of Prestige Estates Projects, DLF, Godrej Properties, and DB Realty gained 7-18%.

Last month, UBS agreed to buy Credit Suisse in a historic, government-brokered deal. The move came after Credit Suisse endured a series of blowups, scandals, leadership changes and legal issues.

“It’s possible there are more legs to the run, but without fundamentals backing the extent of the run, the risk of correction is something we need to be alive to,” said Christina Woon, investment director at abrdn

The largest U.S. lender gained $50 billion in deposits at the end of March, its first-quarter earnings report showed. That compares to Citigroup Inc, where deposits were largely flat, and a decline at Wells Fargo & Co.

While still bullish on shares of companies such as Caesars Entertainment Inc and Swiss-based shoe company On Holding AG, Villere has trimming allocations to the sector overall. Once it is clear a recession has taken hold, he hopes to buy shares of retailers hit by the slowdown.

First-quarter earnings in the S&P 500 are forecast to fall about 8% from a year ago, according to Bloomberg Intelligence, the biggest decline since the start of 2020

Last month, UBS agreed to buy Credit Suisse in a historic, government-brokered deal. The move came after Credit Suisse endured a series of blowups, scandals, leadership changes and legal issues.

“It’s possible there are more legs to the run, but without fundamentals backing the extent of the run, the risk of correction is something we need to be alive to,” said Christina Woon, investment director at abrdn

First-quarter earnings in the S&P 500 are forecast to fall about 8% from a year ago, according to Bloomberg Intelligence, the biggest decline since the start of 2020

Adaptability is a key skill to have as no two situations are going to be identical. Another is persistence, it pays to be persistent and persevere. It’s great to be a quick learner - but more importantly, you need to possess the mindset of a continuous learner because the life journey is a marathon and you’ll be learning continuously.

Citigroup Inc, JPMorgan Chase & Co and Wells Fargo & Co beat earnings expectations, benefiting from rising interest rates and easing fears of stress in the banking system.

Canada Pension Plan Investment Board (CPPIB) and Ontario Municipal Employees Retirement System (OMERS) are planning to invest over ₹4,300 crore ($526 million) in IndInfravit, an Indian infrastructure investment trust (InvIT) majority owned by them. This funding is linked to IndInfravit's acquisition of a portfolio of five Indian road assets from Brookfield valued at $1.2 billion. The Brookfield portfolio consists of three toll road projects and two annuity projects, spanning around 2,400 lane km across several Indian states. The deal is expected to close soon, and the funds will be used to finance the acquisition, repay part of the debts, and for capital expenses.

These passive funds mirror MSCI indices for their investment. For a stock to remain on an MSCI index, international investors must have a minimum headroom of 15%, with an adjustment factor of 1, to purchase the shares on the public market.

IDBI Bank, PNB Housing Finance and Sicom plan to sell their distressed loan books, following the example of Yes Bank and Bandhan Bank. Special situation funds have initiated talks with IDBI Bank to acquire its non-performing loan book, with the bank demanding an all-cash deal. Meanwhile, PNB Housing Finance has invited offers to sell its loan book worth around ₹3,000 crore.

Dow up 7.95 points, S&P 500 rises 3.06 points and Nasdaq Composite falls 22.83 points