Be it a rating agency or manpower supplier, these are services companies, but somehow these are not classified as service companies. The reason, in India the word “ services” gets related to IT service companies only. We look at what analysts have to say about other non- IT services companies which can be classified as professional and commercial service companies.

Due to unseasonal rains and on account of lower yields and recovery rates across states, particularly Maharashtra and Karnataka, the sugar production estimate for the current season (SS23) is seeing a sharp cut from 35.5 million tonnes (mnt) earlier to 33 mnt now.

Chennai Petroleum Corporation and Tina Rubber and Infrastructure are two other stocks wherein she cut stake during the March quarter. In the former, she reduced her holding by 0.1%. She held 3,164,020 shares or a 2.1% stake in Chennai Petro, worth Rs 80.7 crore, at the end of the March quarter.

Investors are still digesting International Monetary Fund's (IMF) warning that lurking financial system vulnerabilities could erupt into a new crisis and slam global growth this year.

The rise in temperatures throughout the country is set to increase the demand for air conditioners, leading to a surge in sales for AC companies. ETMarkets noticed a trend in the Indian air condition stocks, where most of these companies did not perform well in the short term (1 year), but over a longer period of 3 years, they have recorded gains ranging from 60% to 330% (Data Source: ACE Equity). However, a SWOT analysis reveals that, barring Blue Star, all other stocks do not appear promising as they have more weaknesses than strengths, as per trendlyne.com.

Department-store operator J.Front Retailing Co Ltd rose 1.3% after reporting a tripling in net profit for the year ended February after market close on Tuesday and forecast further growth. Mall owner Aeon Co Ltd rose 1%.

The stock has given returns of more than 10% over a 12-month period and outperformed the Nifty50 which has returned 0.3% during this period according to Trendlyne data. HDFC Bank’s returns have also been a notch better than the Nifty Bank and Nifty Private Bank indices.

In the NSE list of stocks with a market cap of over Rs 1000 crore, six stocks crossed their previous five-year high value at the close on April 11, suggesting bullishness in counters, according to stockedge.com's technical scan data. Take a look.

FIIs have made a comeback and have been buyers in the last eight sessions. The maximum buying by foreign investors was seen in the last 3 days of March, when they poured in nearly half of the total money in the eight sessions.

Be it a rating agency or manpower supplier, these are services companies, but somehow these are not classified as service companies. The reason, in India the word “ services” gets related to IT service companies only. We look at what analysts have to say about other non- IT services companies which can be classified as professional and commercial service companies.

These small cap companies have shown positive returns in the last one year at a time when small caps were under pressure as stock markets have been overwhelmed by headwinds. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation of “buy” or "strong buy".

When IT, speciality chemicals and new-generation technology stocks faced the heavy selling, Gangil’s PMS stayed invested in auto ancillaries, banks, real estate, railway, infrastructure and some undervalued consumer players.

Titagarh Wagons, incorporated in the year 1997, is a smallcap company operating in the engineering sector. Titagarh stretches its global reach and presence through factories in India and Italy. It caters to passenger rolling stock including trains and metros as well. Its current market cap is Rs 2,522 crore.

On a provisional basis, Sula Vineyards said its net revenue for the fourth quarter of FY23 was at Rs 104.3 crore from its own brands and Rs 12.4 crore from wine tourism, which represents room revenue, sale of food & beverages, merchandise, and all other ancillary services. For FY23, net revenue from own brands was Rs 482.5 crore and Rs 45 crore from wine tourism.

The latest quarterly shareholding pattern shows that MF holding in Adani Enterprises has gone down from 1.19% in the December quarter to 0.87% in the March quarter. In the case of Adani Ports, MFs reduced stake from 4.43% to 3.09% in Q4.

Binance US said the move was the result of a periodic review and that factors it regularly considers can include trading volume and liquidity, changes in a token's risk profile or evidence of fraud or unethical conduct, among others.

In the Nifty500 pack, these eight stocks closed above their 200 DMA (Daily Moving Averages) on April 11, 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:

Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores.

Despite controversies and unfazed by stocks falling, Investors show faith in Adani group. Retail investors hike stakes in all 9 listed Adani Group companies. Trade Analyst Avinash Gorakshakar shares his view.

Concerns over Twitter's stability have been widespread since the Musk deal. Among the mass exodus were many engineers who were responsible for fixing and preventing service outages, sources told Reuters.

In the NSE list of stocks, six stocks with a market cap of over Rs 1,000 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 11. Take a look:

From the Sensex pack, Tata Steel, HDFC, ICICI Bank and HDFC Bank were the top gainers, rising about 0.5-1%. L&T, Asian Paints, UltraTech Cement and M&M also opened with gains. On the flip side, IndusInd Bank, Nestle, Kotak Bank, HCL Tech and Tech Mahindra opened with cuts.

Sensex flat ahead of macro data; Nifty holds 17,700; Adani Green, Venus Pipes gain 3% each; BHEL, Trident, Tata Steel are some of the top movers in morning trade.

JPMorgan maintained an overweight rating on L&T with a target price of Rs 2480. The capex cycle is trending strong. The global investment bank expects the FY24 core revenue guidance to be robust.

After a difficult third quarter, new-age companies in the B2C universe are likely to report underwhelming numbers in the fourth quarter too. However, B2B e-commerce is likely to continue its strong growth trajectory in the March quarter as businesses increase penetration and expand their digital footprint, according to ICICI Securities.The brokerage firm believes that stocks like Delhivery, IndiaMart and Nazara will provide good opportunities to investors. Here is a list of 5 internet stocks that ICICI Securities suggest buying ahead of Q4 results:

"Interim Dividend for the year 2023 will be paid on and from May 8, 2023, along with the final dividend for the year 2022, if approved, by the members at the 64th Annual General Meeting scheduled to be held on 12th April 2023," the company said in a filing to exchanges.

Scalping or scalp trading. This technique may sound daunting, but is it as tough as it seems? Anyone who delved deep to know market techniques must have heard of this. In today's video, we will talk to a professional trader or a 'scalper' to learn more about this.

“Options data suggests a broader trading range in between 17300 to 18000 zones while a shift in an immediate trading range in between 17600 to 17850 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.

Data of the last 10 years shows TCS has recorded a positive monthly return post Q4 earnings 50% of the time. Returns have varied from 1.8% to 21.3% during the positive months and -1.2% to -8.9% during the negative months.

Nifty futures on the Singapore Exchange traded 8.5 points, or 0.05 per cent, higher at 17,795.50, signaling that Dalal Street was headed for flat start on Wednesday. Here are some stocks which are expected to see some action in trade today.

The price of this company has been sliding lower since making a peak at Rs 820 in November 2022. Recently, the price was consolidating inside a falling parallel channel from which it has now given a breakout by surpassing its upper-trendline resistance. The breakout is supported by a rise in volume which increases the reliability of the breakout.

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 Bajaj Auto and Tata Motors while Nooresh Merani has a buy/sell recommendation on Tata Chemicals and Tata Motors for today's trading session. Check out the targets and stoploss.

The markets remained range bound on Tuesday, even though the Nifty opened in the positive territory and ended the day with over a half-a-percent gain. The volatility in the markets continued to come down, indicating that such rallies should be used to book profit.

The Future & Options contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.

Stocks that were in focus include names like TCS which was down more than 1% ahead of its results on Wednesday, ITC which rose nearly 2% to hit a fresh 52-week high, and Bajaj Auto which also closed with gains of over 2% on Tuesday.

“In our view, equity downside will be driven by worsening economic conditions, a function of: aggressive monetary policy; potential capital/liquidity issues catalyzed by the bank crisis; and a consumer that is increasingly reliant upon credit to sustain spending,” Harvey and his team of strategists said in a note to clients Tuesday.

China shares were mixed at the open, with the Shanghai Composite Index up 0.1% while Hong Kong's Hang Seng Index lost 0.02%. Data on Tuesday showed China's consumer inflation in March was at its slowest since September 2021.

Recent inflation readings "show that disinflation is proceeding slowly - which is disappointing, to say the least," Harker said. The Fed targets 2% inflation which, by its preferred measure, is still running at about 5%.

"When you see cyclicals leading, that is saying that recession worries could be somewhat overblown," said Ryan Detrick, chief market strategist at Carson Group in Omaha. "That's a healthy sign, what you wouldn't expect to see if we were headed straight for recession."

Domestic fund house PGIM India Mutual Fund has sold its stake in Sagar Cement, while ICICI Pru Mutual Fund bought shares through a block deal on Tuesday.

Overnight indexed swap (OIS) rates, used to hedge interest-rate risks in Asia's third-biggest economy, are already pricing in policy rate cuts starting January, traders said. However, such reductions could even be advanced should global rates begin to head south this summer.

Reliance Industries Ltd is planning to implement an infrastructure investment trust (InvIT) to unlock value in its warehousing and logistics assets through Reliance Retail. The retail company has already created a trust called Intelligent Supply Chain Infrastructure Trust which will be used to house the warehousing assets to be monetised. The InvIT will either be listed or privately placed with at least five shareholders under SEBI norms.

The rating agency expects the interest burden on corporates to surpass pre-Covid levels in terms of value, increasing 30% in FY24 compared to FY22, with the cost of debt likely to increase across all categories irrespective of the size of the corporate.

Co-lending amounts more than quadrupled in just about a year with banks declaring such portfolios of more than Rs 25,000 crore in FY23, with State Bank of India (SBI) and Bank of Baroda at the top of the leaderboard. In FY22, disbursements were nearly Rs 5,000 crore through co-lending partnerships.

The major concern of the bidders is the compliance of the resolution plan with the Insolvency and Bankruptcy Code (IBC) and Request for Resolution Plan (RFRP) guidelines. In the first round of the auction, the Hinduja Group firm submitted the bid post-auction date.

Ownership of foreign portfolio investors (FPI) in the bank has declined from 40.90% in the December 2022 quarter to 39.42% in the March 2023 quarter. As the shareholding is published before the MSCI price cut-off date for the May 2023 review, the weight increase is likely next month, said analysts.

Banks and financials led the charge on Dalal Street that saw the Sensex reclaim the 60,000-mark, and the Nifty near its crucial resistance of 17,800 levels.

Group's flagship company Adani Enterprises saw an addition of 493,000 new retail shareholders in the March quarter. Retail shareholding increased from 2.09% to 3.61% during this period, and the number of investors increased to 747,000.

Most technical indicators suggest further upside and if the momentum continues, Power Grid stock could well hit Rs 250 levels in 1-2 months

At 12:03 p.m. ET, Dow rises 136.25 points, the S&P 500 up 5.13 points and Nasdaq Composite slips 46.54 points