The derivatives regulator said Binance shirked its obligations by not properly registering with it.

Sebi has imposed a penalty of INR 1 crore on Mysore Amalgamated Coffee Estates for aiding and abetting Coffee Day Enterprises in the diversion of funds worth INR 3,535 crore. The company had to pay the fine within 45 days of the order passed by Sebi. According to the regulator, Mysore Amalgamated Coffee Estates was a pass-through entity that violated SEBI Act and Prohibition of Fraudulent and Unfair Trade Practices (PFUTP) Regulations. Such diversions of funds were not disclosed to investors until the death of VG Siddhartha, the chairman of the Coffee Day Group in July 2019.

First Citizens BancShares Inc acquired parts of Silicon Valley Bank, which collapsed earlier this month in the largest bank failure since the 2008 financial crisis, unleashing fears about a liquidity crunch in the sector.

ET Market's mutual fund analysis has identified the top 7 hybrid mutual funds that gained between 30 and 43% in the last 3 years. Hybrid funds invest in both equity and debt with the goal of balancing risk & reward, and optimizing investment returns. The tax treatment of equity-oriented hybrid schemes is similar to that of equity schemes, while debt-oriented hybrid schemes are taxed in the same way as debt schemes. (Data Source: ACE MF)

The existing Systematic Investment Plan (SIP) and Systematic Transfer Plan (STP) will reopen from March 29 onwards. However, fresh SIP and STP will not be allowed.

Customers of SVB will automatically become customers of First Citizens, which is headquartered in Raleigh, North Carolina. The 17 former branches of SVB will open as First Citizens branches Monday, the FDIC said.

Futures for the Dow Jones Industrial Average and S&P 500 each climbed 0.8% early Monday

Market worries eased on Monday as First Citizens BancShares agreed to buy failed SVB in a deal in which unit First-Citizens Bank & Trust Company will assume SVB assets of $110 billion, deposits of $56 billion and loans of $72 billion.

Stocks are increasing as bank stocks show some strength following the takeover of failed Silicon Valley Bank by First-Citizens Bank & Trust, which could help ease market concerns over troubled banks. Stocks in the Dow Jones Industrial Average and S&P 500 each climbed 0.8% in early Monday trading, whilst Nasdaq-traded First Citizens BancShares rose 40% in premarket trading. However, the risks of a recession persist due to the high interest rates squeezing lenders. The managing director of the International Monetary Fund, Kristalina Georgieva, said that financial stability risks are rising as interest rates increase to combat inflation.

Volumes will likely drop next year on the back of falling new account openings and plateauing active accounts, Kamath said, adding that STT collections could be lower than prior to the hike.

On the Monthly Option front, Maximum Call OI is at 18,000, then 17,000 strike, while Maximum Put OI is at 17,000, then 16500 strike. Call writing is seen at 17000, then 17250 strikes, while Put writing is seen at 17,000, then 16,800 strikes. Options data suggests an immediate trading range in between 16,800 to 17,200 zones.

Specified mutual funds have been defined to include funds where not more than 35% of proceeds is invested in shares of domestic companies. This may include debt mutual funds and gold ETFs, where investment in domestic companies is less than 35% of proceeds of the fund.

Specified mutual funds have been defined to include funds where not more than 35% of proceeds is invested in shares of domestic companies. This may include debt mutual funds and gold ETFs, where investment in domestic companies is less than 35% of proceeds of the fund.

The current chief financial officer, Alok Agarwal, has been assigned a new role. According to the release, Agarwal will assume a new role as senior advisor to the chairman and managing director of the company assisting him on a wide range of strategic issues with effect from June 1, 2023, after 30 years of distinguished service.

Shares of Lupin ended 3.3% higher after the company received tentative approval from USFDA for Valbenazine Capsules. Investors lost Rs 1.12 lakh crore on Monday

Closing Bell: Index heavyweights drive Sensex 127 pts higher; Nifty above 16,950; Lupin gains 4%, RIL 2%

​​Similarly, a framework built on the assumption that both debt and equity markets cannot correct by double digits in any given year would face difficulty operating in 2022, when both components of the famous 60:40 portfolio fell by double digits for the first time in a century.

Stock split is usually done to increase the liquidity of the stock in the market. On the ex-split date, investors who are 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.

Motilal Oswal is a financial services company offering financial services across retail and institutional broking, private wealth management, investment banking, private equity, asset management, and Home Finance. The company is based out of Mumbai.

"We maintain our e-auction premium estimate for FY23 at 231%, and we reiterate our Buy rating on the stock with a target price of Rs 275 (5x EV/EBITDA). Coal India continues to be our top pick in the mining sector. Any hike in FSA will further add to the financial performance of the company," Motilal said.

Nomura further stated that it maintains its view that Butterfly commands higher gross margins (36.3% in 9MFY23) than Crompton (31.1% in 9MFY23), but its EBITDA margins (10.2% in 9MFY23) are depressed due to higher overhead and marketing costs.

Investors digested news that US lender First Citizens Bank has agreed to buy all the deposits and loans of collapsed rival Silicon Valley Bank. In initial deals, London's benchmark FTSE 100 index of top companies jumped 1.1 percent to 7,484.36 points compared with Friday's close. In the eurozone, Frankfurt's DAX index leapt 1.4 percent to 15,165.39 points, with Deutsche Bank surging 4.5 percent after slumping Friday.

"For the time being, the outlook is for either sideways trading in a narrow range or edging lower," although "the bottom looks quite firm," particularly around 27,300, he said.

In the two months of the volatile phase with a bearish bias, market breadth has been the biggest casualty. Even in such times during this period, some stocks have seen an improvement in their analyst scores. A textile major which has a long track record of exports to infra companies focussed on roads. 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.

The rising attrition rate in the sector coupled with challenging macroeconomic events could pose headwinds towards execution in automation projects further, the brokerage firm noted.

Increasing taxation (insurance, MFs, trading) can roll back some of the household savings into asset classes like fixed deposits, real estate, and physical gold. Whether there is already enough financial awareness among the populace to appreciate the long-term benefits of insurance/MFs beyond tax savings is a moot question," ICICI Securities said.

Lupin is a pharmaceutical company headquartered in Mumbai, India. While, it is the third-largest pharmaceutical company in the US by prescription. The company develops and commercializes a wide range of branded and generic formulations, biotechnology products, and APIs in over 100 markets in the US, India, South Africa, and across the Asia Pacific (APAC), Latin America (LATAM), Europe, and Middle East regions.

The new rules come into effect from April 1 when mutual funds with less than 35% invested in equities will be taxed as short-term capital gains (STCG) based on income tax slab levels, similar to how bank FDs are taxed.

As per Trendlyne data, the average target price of the stock estimate is Rs 663, which shows an upside potential of 45% from the current market prices. The consensus recommendation from one analyst for Isgec Heavy Engineering is a strong buy.

The plan of debt-ridden Reliance Capital's lenders to conduct a second round of auction has hit a roadblock, as bidders are apparently not inclined to another round under the insolvency resolution process, PTI reported quoting sources. Meanwhile, the Supreme Court (SC) has listed the matter regarding the second auction for hearing in August.

“Titan Company stock has formed a strong bullish candle on weekly scale and given a falling supply trend line breakout on daily chart which is formed by connecting swing highs of Rs 2,626, 2,545 and 2,475 levels,” Arpit Beriwal, Analyst, Equity Derivatives & Technicals, MOFSL, said.

One of the hypotheses of investing in high dividend yield stocks is that dividend yield acts as a cushion in bearish markets and makes them outperform. We back tested four stocks in bearish markets conditions, it works for some.

So far in 2023, Nifty has fallen nearly 7% amid weak global cues. Also, worries about the stability of the financial sector intensified, with the news of a US probe on Credit Suisse and UBS further souring the mood. Meanwhile, a host of analysts shared their tech views on particular stocks for the near term. These stocks include Crompton Greaves Consumer and Jindal Steel and Power. Here is a list of 4 tech picks from various analysts:

At a time when investors were already feeling suffocated by inflation and rate hikes, an explosive report against diversified conglomerate Adani Group by US-based Hindenburg Research added smoke to the fire.

The plan of debt-ridden Reliance Capital's lenders to conduct a second round of auction has hit a roadblock, as bidders are apparently not inclined to another round under the insolvency resolution process, PTI reported quoting sources. Meanwhile, the Supreme Court (SC) has listed the matter regarding the second auction for hearing in August.

Due to rollover activity and the quarter-ending week, we believe next week will remain volatile and defensive sectors like pharma and FMCG may remain in limelight. However, relatively high shorts are seen among energy, metal heavyweights, which may stay under pressure

Peter Lynch, an American investor and mutual fund manager, is best known for growth at a reasonable price approach to investing. Lynch is often associated with the PEG ratio which measures PE ratios in relation to growth rates. Based on the idea of Lynch, a custom screen made by MarketSmith emphasizes securities that are trading far below-average prices on a PE or PEG basis and are not already widely owned by institutions.Here are 10 Indian stocks that fit in Peter Lynch’s idea of value investing, as listed on MarketSmith:

Sensex rises 100 points, Nifty above 16,950; Phoenix Mills gains 3%, M&M sheds 2%; Tata Steel, Yes Bank, Bank of Baroda are some of the top movers in morning trade.

His suggestion for stock option traders is to square off positions at least 2 days before the expiry in case of in the money (ITM) option. "If you are deep in the money, then you should look for liquidity. For example, if the intrinsic value is Rs 20 and if you are getting a buyer at Rs 10-12, then you must exit. Don't wait for the last day as the liquidity will dry up," Sriwastava says.

The markets on Friday traded uneventfully for most of the day, but the Nifty ended up with a net loss of around three-fourths of a percent. The stocks which have underperformed in recent weeks have started showing signs of a technical rebound.

From the Sensex pack, Power Grid, Asian Paints, Bajaj Finance and Bharti Airtel were the top gainers, up about 0.5-1%. NTPC, Kotak Bank, Tata Steel, RIL and Infosys also opened with gains. Whereas, M&M, Titan, ITC, Axis Bank and HUL opened with cuts.

The last date for updating nominations for trading and demat accounts is March 31, and trading accounts of investors not meeting the deadline will become inactive, as per regulations notified by market watchdog Securities and Exchange Board of India (Sebi).

The RSI has been sliding lower and has breached the trendline support. The trend-following indicator, MACD, has formed a bearish crossover and is sustaining below its zero line. The price has started to walk its lower Bollinger band. These studies complement our bearish view on price. The Futures Data show a short build-up.

The stock will likely go through a period of time correction, BofA said. The global investment sees a lack of meaningful catalysts in the near term that could boost the stock price. Estimates for M&M are 10-12% below the street. The global investment banks also see uncertainty on the farm business outlook.

"The Nifty witnessed an extremely volatile day of trade on Friday. It was consolidating in a narrow range during the first half of the session. However, as the day progressed and especially during the last couple hours of the trading session the Nifty witnessed intense selling pressure which dragged the Nifty lower to close with a cut of 132 points," Jatin Gedia, Technical Research Analyst at Sharekhan by BNP Paribas said.

Nifty futures on the Singapore Exchange traded 121.5 points, or 0.72 per cent, higher at 17,041, signaling that Dalal Street was headed for positive start on Monday. 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. CA Rudramurthy has a buy/sell recommendation on Zydus Life and RBL Bank while Nooresh Merani has a buy/sell recommendation on HDFC Bank and NCC for today's trading session. Check out the targets and stoploss.

“Options data suggests a broader trading range in between 16600 to 17300 zones while an immediate trading range in between 16700 to 17150 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.

Minneapolis Fed President Neel Kashkari on Sunday said officials were watching "very, very closely" to see if the banking stress led to a credit crunch that threatened to tip the economy into recession.

On the longer timeframe, there was a breakout of double-bottom formation, which suggests much more potential upside in this counter while on the shorter time frame, it is travelling on a channel formation pattern.