At a time when interest rates are rising PSU stocks have an advantage. Of all the PSU stocks, which our algorithms come up with, we took PSU companies from three sectors: financier, power generation and logistics. 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 rating of “buy” or "strong buy".

Normally, HUL, Nestle, Dabur are first names which would come to mind when anyone mentions the FMCG stocks. We decided to look at different companies, which may not come to mind at the first instance when someone mentions the word FMCG. However, the operating matrix of these FMCG companies is the same which determines the success of any large FMCG players,

China has been stepping up efforts to woo foreign companies and investors to aid an economic recovery after the dismantling of its zero-COVID policy late last year.

All of which makes one thing crystal clear: In a market made more volatile by post-2008 regulations that curbed trading by Wall Street banks, the stakes are high every minute of every trading day at moments like this.

“Tech is more of a safe haven than your traditional cyclical sectors, and it has already gone through a re-pricing, which means it looks attractive relative to the rest of the market,” said Sam Stovall, chief investment strategist at CFRA.

“The biggest policy surprise this year has been in SOE reforms, and it’s likely to stay a major play,” said Ou Xiao, fund manager at Stone PE in Shanghai. “There are plenty of ways to boost valuations, from incentive plans to asset injections, dividends and stepping up corporate governance.”

"Early on in my life, I learned that a fit body is the custodian of a healthy mind. A fit and agile mind keeps you going strong and steady in life - just like your good investments," says Kshitiz Mahajan, who is a CEO of Complete Circle Wealth.

All of which makes one thing crystal clear: In a market made more volatile by post-2008 regulations that curbed trading by Wall Street banks, the stakes are high every minute of every trading day at moments like this.

“Tech is more of a safe haven than your traditional cyclical sectors, and it has already gone through a re-pricing, which means it looks attractive relative to the rest of the market,” said Sam Stovall, chief investment strategist at CFRA.

The bank also said it had a diversified deposit base with venture deposits comprising approximately 25% of total deposits.

For me, this was a defining moment in my fitness journey and the lessons I learnt from this episode resonate even in the area of investments. One should not limit themselves, but at the same time also not rush for quick returns in investments.

On Friday, the bank's parent, SVB Financial Group, said it had filed for reorganization under Chapter 11 bankruptcy protection.

Some correction in Jindal Saw stock was warranted given the stark outperformance in the last three months. Shares of the company have given 94% returns in the last 3 months compared to the over 6% fall in Nifty 50. Earlier in March, the stock also scaled its highest level in 5 years.

​​​The recent drop in rates has helped stocks regain their appeal, according to some metrics. The equity risk premium, or the extra return investors expect to receive for holding stocks over risk-free government bonds, has rebounded to where it stood in early January but still remains near its lowest level in over a decade, according to Refinitiv data.

Late on Friday, Moody's downgraded First Republic Bank's debt ratings to reflect its "significant challenges".

The beleaguered lender was in talks to raise money from other banks or private equity firms by selling new shares, the New York Times reported on Friday afternoon, citing three people with knowledge of the process. The bank could also negotiate to be sold, the report said. First Republic declined to comment.

The proposal to restrict Berkshire's speech came from the American Conservative Values ETF, which said Berkshire and its dozens of operating units should "avoid supporting or taking a public position" on controversial social and political issues unless their businesses required it.

Moody's said it believes the bank's high cost of borrowings, along with the "high proportion of fixed rate assets at the bank, is likely to have a large negative impact on First Republic's core profitability in coming quarters."

On Friday, the bank's parent, SVB Financial Group, said it had filed for reorganization under Chapter 11 bankruptcy protection.

SVB Financial Group announced it would seek Chapter 11 bankruptcy protection, the latest development in an ongoing drama that began last week with the collapse of Silicon Valley Bank and Signature Bank, which sparked fears of contagion throughout the global banking system.

Credit Suisse shares jumped 9% in after-market trading following the FT report. Credit Suisse and UBS declined to comment on the report. Credit Suisse, a 167-year-old bank, is the biggest name ensnared by market turmoil unleashed by the collapse of U.S. lenders Silicon Valley Bank and Signature Bank over the past week, forcing it to tap $54 billion in central bank funding.

Rajesh Gopinathan, the outgoing CEO of TCS, said he would “continue to have a great relationship” with Tata Sons Chairman N Chandrasekaran, irrespective of whether “I am with the group or outside of it”, in an emphatic dismissal of all speculation surrounding his unexpected resignation on Thursday.

Rajesh Gopinathan’s resignation came as a surprise, given that he was just over a year into his second five-year term as MD and CEO.

HCL Tech led the Sensex gainers' chart, spurting 3.58%, followed by UltraTech Cement, Nestle India, Tata Steel, Kotak Bank, ICICI Bank, Bharti Airtel and HDFC twins.

Earlier this month, the regulator in two separate orders barred 55 entities including actor Arshad Warsi and his wife Maria Goretti from the securities market for alleged price manipulation and offloading of shares by certain entities of Sadhna Broadcast and Sharpline Broadcast.

Kotak Mahindra Bank was the biggest beneficiary of the index rebalancing with an inflow of $77 million, followed by APL Apollo Tubes and Supreme Industries with $53.50 million and $47.70 million inflows, respectively. Shares of Kotak Bank gained 1.63% to close at Rs 1,691.20, while Supreme Industries rose 2.57% to Rs 2,571.35 on Friday.

More than $500 billion in market value has been added to the four biggest US tech companies this week. Microsoft advanced 12% and is flirting with its best week in nearly eight years, while Alphabet is headed for its best weekly gain since 2021. Amazon.com, meanwhile, has jumped about 9% and Apple is up almost 5%.

​​But, they expect the change to weigh on the stock in the near term. The TCS stock closed at `3,175 on Friday. The Nifty gained 0.7% to close at 17,100. ET looks at what top brokerages are saying about the change of guard at India’s second-most valuable listed company.

RBI's supervisory system has been overhauled in recent years through a unified and harmonised approach for commercial banks, non-banking finance companies, and urban cooperative banks. "The focus is now more on identifying the root cause of vulnerabilities, rather than dealing with the symptoms alone," Das said.

Ray Wang, founder of IT research firm Constellation Research, said Krithivasan has had “a lot of success with large deals, productisation and delighting customers”.

The CEO designate, K Krithivasan will have to navigate macroeconomic challenges and demonstrate significant value addition at a time when digital and offshoring models introduced by his predecessors have reached maturity and customers are questioning their tech spends

All month, the nation's banking giants have been raking in deposits from nervous customers at smaller firms and now those behemoths would be taking some of their own money and handing it to a San Francisco bank in distress, trying to stanch a widening crisis.

The San Francisco-based company will still need to move quickly to find a way to remain independent, or strike a deal for a takeover. The deal with the 11 lenders including Bank of America, JPMorgan Chase. Citigroup and Wells Fargo includes deposits with an initial term of 120 days.

At 11:49 am ET, the Dow Jones Industrial Average was down 1.42%, the S&P 500 slipped 1.31%. On a positive note, shares of FedEx Corp rose 7.7% after the delivery giant raised its full-year profit forecast.

According to the shareholding pattern as of December quarter, Equitas Small Finance Bank is completely owned by public shareholders. Mutual funds own about 38.11% stake in the company, while foreign investors have 18.66%. Ace investor Ashish Dhawan holds 3.64% in the company.

Meanwhile, shares of seven Adani Group companies out of the ten listed entities settled higher on Friday, with Adani Enterprises jumping 2 per cent amid a positive momentum in equity markets.

Delhivery is among the largest logistics players in India with full-stack solutions across the value chain. It is fully owned by public shareholders, wherein top mutual funds own 11.12% and the stake held under foreign direct investment is about 59.93%.

In an interview with PTI on Thursday, Ramdev assured his investors and public shareholders that there would be no impact on Patanjali Foods operation and financial performance and its growth trajectory will remain intact.

On Friday, Sensex climbed by around 355 points, reaching 57,989, while 7 stocks from the BSE smallcap index hit new 52-week highs. The 52-week high is an essential technical indicator for traders and investors, representing the highest price at which a stock has been traded over the last year. It serves as a critical factor in analyzing a stock's present worth and forecasting its future price trends.

"The security holder(s) whose folio(s) have been frozen shall be eligible for any payment, including dividend, interest or redemption payment in respect of such frozen folios, only through electronic mode with effect from April 1, 2024. An intimation shall be sent by the listed company to the security holder that such payment is due and shall be made electronically only upon complying with the requirements," Sebi said.

The S&P 500 was 1.1% lower in morning trading. The Dow Jones Industrial Average was down 429 points, or 1.3%, at 31,817, as of 10:35 a.m. Eastern time, while the Nasdaq composite was 0.8% lower.

The borrowings speak to the "funding and liquidity strains on banks, driven by weakening depositor confidence," Moody's said. The ratings agency had downgraded its outlook on the U.S. banking system to negative earlier this week.

Euro zone banks are still sitting on some 4 trillion euros ($4.25 trillion) worth of excess liquidity, which they are even keen to hand back to the ECB now that borrowing from it has become more expensive, central bank data showed.

Credit Suisse's chief executive said on Friday the bank was working hard to stem customers outflows, although this could take time. Credit Suisse shares resumed their decline.

Most of the 11 major S&P 500 sectors were lower. The KBW regional banking index and the S&P 500 banks index fell over 2% each.

The National Company Law Tribunal (NCLT) on Friday gave its approval to the HDFC-HDFC Bank merger. Termed as the biggest transaction in India's corporate history, HDFC Bank on April 4 agreed to take over the biggest domestic mortgage lender in a deal valued at about USD 40 billion, creating a financial services titan.

The turmoil has highlighted the criticality of banking sector regulations, Das said, adding the RBI's off-site supervision of Indian banks has become more frequent and stringent over the past few years.

Using data from ETMarkets Stock Screener, we have shortlisted 7 value stocks that best fit the strategy chalked out for a long-term investment horizon. These stocks are trading at a discount to their fundamentals. Value stocks usually trade at low P/B or low P/E multiples.You can check our Stock Screener here: https://economictimes.indiatimes.com/markets/stocks/stock-screener/VALUE_STOCKS (plz hyperlink)

the Nasdaq Composite dropped 20.93 points, or 0.18%, to 11,696.35 at the start

The video series featuring influencer Shraddha started with a short take on how taking advice from random people can hurt investors