The block was implemented from the midnight of March 31 following which customers have not been able to transact with these cards, these people said.

A turn-of-year rally, spurred by odds of a less-aggressive Federal Reserve and Chinese growth, soon turned tenuous as global banking turmoil shook investor confidence. Those jitters caused developing stocks to pare an early gain, ending the quarter up just 3.5% about half the return of developed-market peers. EM dollar debt gained 1.7%, less than other global fixed-income segments.

The Great Eastern Shipping Company stock has broken out from a falling trendline resistance on daily charts, with the Supertrend indicator triggering a bullish sign, suggesting more upside ahead. Short-term traders are recommended to buy the stock now or on dips towards Rs 620 for an upside target of Rs 660. The Relative Strength Index (RSI) is at 66.0, indicating a continuation of the uptrend.

Stocks such as ONGC, Tata Steel, SBI Cards, UPL, HDFC Asset Management Company, and Tata Power, among others, are trading at more than 25% discount to their long-term average price to earnings (PE) ratio - a popular valuation measure. According to Bloomberg consensus estimates of analysts, many of these stocks could return over 20%.

Since the last MPC meeting in February, global financial markets have come full circle. Traders' bets have swung like a pendulum - from monetary easing to overcome an economic recession, to tightening to fight against inflation, and finally to easing for the sake of financial stability. All of that occurred in a matter of four months.

"Post the recent corrective phase in January and February, GE Shipping stock has resumed its ‘Higher Top Higher Bottom’ formations after showing a positive divergence around the recent lows," Ruchit Jain, Lead Research, 5paisa.com, said.

When I was young, I wish somebody had told me about the common mistakes that investors often make. Reviewing the strategy is a potential chance to learn and grow by watching what has derailed our efforts. As we enter FY 23-24, it is a great time to make a resolution to avoid these common mistakes and stay aligned with our financial goals.

The Federal Reserve's failure to recognize inflation as more than just a transitory issue led to a rapid interest rate hike causing significant losses for banks. The Fed should have realized the potential losses and done more to identify risks associated with its actions. The rapid rise in interest rates was beyond the career memory of almost all market participants, which should have been a warning sign for regulators. The Fed infused liquidity to keep faith in the banking system, which partly undid its own monetary tightening through interest rates.

The financial year 2023-24 comes with several regulatory changes affecting equity markets, mutual funds, and other schemes. The government has increased Securities Transaction Tax by 25% on futures and options contracts, which means an increase in STT on options and futures contracts. Income from debt mutual funds will now be classified as a short-term capital gain, which restricts LTCG benefits for investments beyond March 31, 2023.

Indian equities ended Friday’s session with robust gains on the back of positive global cues and across the board buying. Sensex settled with gains of 1031 points, while Nifty settled above 17,350, up 279 points. Sectorally, IT pack led the gains notching higher by over 2%, followed by private bank and realty index.“Bulls remained at the helm as the benchmark Nifty closed well above the crucial resistance level of 17250. On the daily chart, the index has moved above the recent consolidation, suggesting a rise in optimism. The momentum oscillator RSI has entered a bullish crossover. The trend is likely to remain strong as long as it remains above 17200. On the higher end, the next important level is 17500–17600, where bears will be waiting,” Rupak De, Senior Technical Analyst at LKP Securities, said.Here are stock recommendations for Monday:

benefiting immensely from this larger digitization trend. The sharp growth in services exports from Global Capability Centers (GCCs) is the case in point. GCCs are the captive units of multinationals set up in India to render research, professional, engineering and tech services.

Moreover, going ahead, FPIs may not turn aggressive sellers due to domestic factors like an impressive turnaround in current account deficit (CAD), which has improved substantially due to rising exports.

Indian stock markets will remain closed on April 4 and April 7 due to public holidays for Mahavir Jayanti and Good Friday. Moreover, the multi-commodity exchange too will be closed on April 4 till 5 pm and on April 7 for a full day. Last week markets ended FY23 on a strong note with nearly 2% growth, despite Nifty having a flat closing (-0.6%). The focus now remains on RBI’s policy meeting expected to take place later this week

Given the huge difference in what is value and what looks cheap due to one financial ratio, more often than not, relying on PE may lead to wrong investment decisions. For our analysis, we have selected only those stocks which have the PEG ratio of less than or equal to 1.3. It is an effective financial metric that throws light on a company’s price with respect to its future earnings growth potential over a specified period.

The market valuation of Reliance Industries zoomed Rs 86,317.26 crore to Rs 15,77,092.66 crore, the most among the top-10 firms.

Five out of six new-age stocks that made their way to Dalal Street during the flourishing market period of 2021 have suffered double-digit cuts between 16-52% in financial year 2023, causing an erosion of Rs 84,742 crore in market cap. The lack of valuation comfort and a rising interest rate environment turned high-growth stocks into wealth destroyers. Nykaa suffered the maximum losses at 53%, trailed by Zomato, CarTrade Tech, Delhivery, and PB Fintech.

Visaka Industries has declared an interim dividend of Rs 7 per equity share for the financial year 2022-23. The company's record date for determining the eligibility of shareholders for said dividend payment has been set on April 12. The company's stock has gone up by 160% in the last three years and had a 1.35% increase on April 2 to a closing price of Rs 342 per share.

Nevertheless, Tara faced a new challenge of determining how to identify a trend. With a wise smile, Dev replied that there were several techniques to identify trends in the financial markets.

Prominent money managers have stopped chasing the latest stock rally, reasoning that expectations for easier Federal Reserve monetary policy are overblown with inflation still running hot. Should any rate cuts come, they would be intended to halt an economic downturn that also would bode poorly for equity returns, their thinking goes.

Diana remained Wall Street’s biggest bull, with a $500 price target on the stock right before the bank’s demise. He didn’t pull his buy rating until Silicon Valley Bank was taken over by the Federal Deposit Insurance Corp. on March 10. Diana declined to comment

As rising Covid cases in the country once again make headlines, a narrative around diagnostic and hospital stocks will come into focus very soon. Should you do narrative based investing the answer is no. Now the question is, should one look at the long term trend and invest in healthcare as a sector. The answer is yes.

Every sector has different operating conditions which have high correlation with returns companies in that particular industry are able to generate. Whether it is ROCE, ROE or net margins all is dependent on the underlying business. The bigger question is how sustainable that number is as that is what determines whether they are able to generate long term wealth or not.

Indian markets started the new financial year with strong gains despite a holiday-shortened week. However, next week is likely to be more challenging as there are several domestic and international events lined up, including the RBI monetary policy meeting, the movement of Brent and US crude oil prices, and the rupee's fluctuation against the US dollar. Technical elements will play a significant role with dips providing opportunities to add long positions in the index.

Multibaggers are typically offered by newly launched companies, meaning these stocks carry a higher level of risk. However, they are also capable of providing substantial returns on investment. Fortunately, there are strategies for identifying these stocks. For more detailed information, watch the video.

Accordingly, Sebi has restrained these individuals "from accessing the securities market and further prohibited from buying, selling or otherwise dealing in securities (including units of mutual funds), directly or indirectly, or being associated with the securities market in any manner, whatsoever, for a period of two years."

Another thing that again raises caution is a very sharp decline in volatility. India VIX came off by 15.12% to 12.94. This warrants a high degree of caution while we follow any further moves in the markets.

"Earlier when the lot size of Nifty Bank was reduced to 25 from 40, we had seen a sharp increase in retail participation. This time too, I am sure that the move will encourage more retail participation," Bengaluru-based derivative trader Rajesh Sriwastava told ETMarkets.

According to the study, about 65% of investors are unaware of their exact stock market returns. It might be attributable to the enormous number of transactions they made, not taking into consideration the length of time, capital gains and dividends earned, leverage used, and so on.

In case the market goes against it, the decay in premiums helped cover the MTMs. So much so that trading on expiry became a thing and some of the algo management firms got to managing 100cr+ trading portfolios within a short period of time.

Famous technical analyst John Murphy believes that technical analysis is the study of market performance, using price charts, to predict future price direction.He says technical analysts, with the help of charts, can quickly take advantage of price changes without necessarily knowing the specific reasons behind them.He argues that rising prices indicate a fundamental uptrend and that falling prices reflect a declining trend.According to Murphy, another advantage of technical analysis is that market price is usually the main indicator and benchmark. Thus, chart action can warn a fundamental analyst that something crucial is happening below what is visible at the surface.

Investing in small cap stocks is one of the toughest challenges for any investor. However, if an investor gets his decision right, the returns on investment on getting (ROI) are high. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space with high upside potential over the next 12 months, having an average recommendation rating of “Buy” or "Strong Buy" and also meeting some parameters like net margins and return on equity.

Interest from investors and in turn the mutual fund industry is bound to precipitously expand given the global scenario of climate awareness as well as the benefits (including economic) of responsible business practices.

While the Street is hopeful that FIIs will turn net buyers in FY23 once fears around recession and global banking turmoil eases along with the peaking of Fed's rate hike cycle, analysts are bullish on banks but cautious on IT stocks.

Promoter & promoter group holding in the company stood at 50.16% at the end of the December quarter, according to the BSE website. The latest shareholding at the end of the March quarter is yet to be updated on the website.

But stock prices keep fluctuating every single second in the live market hours. Premium of Call and Put will also fluctuate every second, and this creates trading opportunities. As a trader you can buy only CE/PE or both (if needed) and can sell it when the price of these premiums goes up.

Is the up move of Nifty on friday, a dead cat bounce or it is the start of a sustainable rally. Rather than worrying about it is better to focus on stocks. 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.

Vinod Adani, Gautam Adani's brother, is either a beneficial owner, director or has links with those three offshore entities, said the two sources, adding the regulator, the Securities and Exchange Board of India (SEBI), is probing if lack of that disclosure violated 'related party transaction' rules.

While in March, the Fed expects a marginal further slowdown in the US economy to 0.4% GDP growth, compared to the 0.5% forecasted in Dec. These forecasts are at low levels compared to the long-term range of 3.5% for the world and 2% for the US.

The market lot size for Nifty Bank futures and options has been reduced to 15 from 25, effective from the beginning of July 2023 contracts. In a circular on Friday, the National Stock Exchange said only the far-month contract, i.e., July 2023 expiry contracts, would be revised for market lots

Gaining 70%, Bitcoin is closing out its best quarter since the three months ended March 2021, when it surged some 103%. According to long-time participants, volatility is expected - and is even part of the attraction to investors in the relatively embryonic asset class.

DIIs were the saving grace as they net bought a record Rs 2.53 lakh crore worth of shares in FY23. Meanwhile, foreign institutional investors were net sellers of Indian equities for the second consecutive financial year. They net sold shares worth Rs 40,413 crore in FY23.

The benchmark S&P 500 posted a 7% gain for the first quarter, which ended on Friday, rebounding after a nearly 20% drop in 2022. The Nasdaq Composite's 16.8% first-quarter jump was its biggest quarterly rise since 2020.

Reliance Industries jumped 4.3%, leading the gainers after it said it has started the process to demerge its financial services business. On the other hand, IT stocks were also among the top gainers, with the Nifty IT index surging 2.45%. According to fund managers and analysts, Friday's rise was a 'catch-up' rally, and are unwilling to conclude that it's here to stay.

India was the second-best performer among the emerging markets in FY23 after South Africa. Equity benchmarks of some countries, such as Russia, Indonesia, Singapore, Thailand, Hong Kong, South Korea, and Taiwan, fell between 3% and 10% in FY23. The resilience in Indian equities was thanks to the flows from domestic investors.

The quarterly gains came despite a sharp sell-off in bank stocks following the collapse of two regional banks earlier this month and worries about a potential bigger financial crisis.

​​"A meeting of the Board of Directors of Tata Consultancy Services Limited is scheduled to be held on Wednesday,​ April 12, 2023, to approve and take on record the audited standalone and consolidated financial results of the Company under

​Meanwhile, foreign investor Societe Generale has bought 1.7% of the company, according to bulk deal data available with NSE.

"In the meeting held on March 31, 2023, the Board considered and approved the allotment of 1,75,93,294 equity shares at a price of Rs 12 per equity share (including a premium of Rs 2 per equity share) (allotment)," it said.

PVR is majority owned by the public with 52.69% stake, while promoters own 47.31%. Phoenix Mills is among the companies with highest foreign shareholding at 29.27%. Mutual funds, meanwhile, have about 17.55% stake in the company.

A stock split is usually done to increase the liquidity of the stock in the market. 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.