The plan to seek bankruptcy protection comes after the tech lender said on March 13 it was planning to explore strategic alternatives for its businesses, including the holding company, SVB Capital and SVB Securities.

Rising interest rates put pressure on equity markets throughout 2023 as foreign investors have been on a selling spree since the start of the year

Credit Suisse, a 167-year-old name in the banking sector, is dealing with a significant financial crisis. But how did the second-largest global investment bank end up in this mess? In this video, Neha Vashishth from ET Markets takes a deep dive to explain what this crisis is all about and how it may impact India.

Option data suggests a broader trading range between 16,600 and 17,500 zones. Chart readers said the formation of two back-to-back Doji patterns in the last two sessions indicate that the market is in the process of a near-term bottom formation.

Credit Suisse fell by as much as 10% following two days of sharp swings, which saw its shares jump 20% on Thursday after a 24% drop on Wednesday when its largest investor said it would not be able to increase its stake. Volatility remained high.

"The company has not entered into any definitive agreement or binding commitment on this matter," Tata Consumer, which sells the popular Tata Salt and Himalayan-branded mineral water, said in a stock exchange filing after market closed.

Closing Bell: Sensex rises for 2nd straight day, ends 355 pts higher; Nifty at 17,100; RInfra rallies 6%, HCL Tech 4%

D-Street investors get richer by Rs 1.53 lakh crore as market capitalisation of all listed cos on BSE surges to Rs 257.58 lakh crore

The markets are likely to remain volatile in the coming months as they will assess the US Federal Reserve and the Reserve Bank of India's (RBI) actions and try to forecast the future policy path, Alekh Yadav, Head of Investment Products at Sanctum Wealth said.

Goldman Sachs expects the European Central Bank to deliver a smaller quarter-point hike in May as it grapples with stress in the banking sector and high core inflation. The ECB's decision to press ahead with a 50 bps hike has caused Goldman Sachs to revise its terminal rate forecast downward to 3.5%. Meanwhile, J.P.Morgan, Deutsche Bank and Swedish Bank SEB expect the ECB to deliver a 50 bps hike in May but warned of downside risks to their forecasts given current

As per current regulations, "a director who either himself, through his relative or any corporate body, directly or indirectly, holds more than 10% of the outstanding equity shares of the company" is not eligible to receive stock options.

The buyback offer size represents 24.76% and 24.69% of the aggregate of the company’s fully paid-up equity capital and free reserves as per the latest audited financial statements of the company for the year ended March 2022, which is not exceeding 25% of the aggregate of the total paid-up capital and free reserves of the company.

The company had earlier said it is planning to get in touch with the mines ministry to resolve the differences. Valuation of the assets is among several concerns flagged by the government.

The Japanese stock market ended higher on Friday, with banking and electronics stocks leading the way. The Nikkei index ended the day 1.2% higher at 27,333.79, while the broader Topix ended up 1.15% at 1,959.42. The Nikkei ended the week lower, amid a brewing banking crisis that sent bond yields plunging, while market participants sharply lowered expectations of future interest rate hikes in Western economies.

Overall, the STOXX 600 index ended Thursday 1.2% higher after some back and forth as the lifeline to Credit Suisse offset concerns around the European Central Bank's big 50-basis point (bp) interest rate hike.

Both companies will come together to combine Honda’s next-generation software architecture and control-safety technology with KPIT’s deep domain & software expertise in the areas of autonomous driving, vehicle electrification, in-vehicle infotainment systems and platform software.

Moreover, while making hedging decisions, we tend to put an outsized weightage on spot. We do not give forward points (carry) and volatility due consideration. The interplay between spot, forwards, and vols can be difficult to assess if not done quantitatively

"Probably the best clue to what the Fed does at the next meeting on March 22 is how markets behave in the interim, given the Fed’s obsession with financial conditions," Wood said.

Termed as the biggest transaction in India's corporate history, HDFC Bank on April 2022 agreed to take over the biggest domestic mortgage lender in a deal valued at about USD 40 billion, creating a financial services titan.

The shares of the company will go ex-dividend a day or two days before the record date. When a company goes ex-dividend on a particular date, its stock does not carry the value of the next dividend payment.

One big challenge with small cap investing is that as soon as nifty starts to correct, small caps are the first one to feel the heat and crack. But using some parameters may help in avoiding the possible mistakes. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space with high upside potential of more than 20% over the next 12 months, having an average recommendation rating of “Buy” or "Strong Buy".

As reported by ET, the ministry also approved the procurement of the 155mm/52 Caliber Advanced Towed Artillery Gun System (ATAGS) for the Indian Army. Initially, 310 of the indigenous guns are to be procured, with the order to be split between Tata and Bharat Forge

Sebi is investigating the company for running an unregistered collective investment scheme (CIS). The scheme was allegedly an investment scheme in the disguise of a club membership program allowing access to members to use the company’s resort properties for vacationing

"Probably the best clue to what the Fed does at the next meeting on March 22 is how markets behave in the interim, given the Fed’s obsession with financial conditions," Wood said.

One big challenge with small cap investing is that as soon as nifty starts to correct, small caps are the first one to feel the heat and crack. But using some parameters may help in avoiding the possible mistakes. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space with high upside potential of more than 20% over the next 12 months, having an average recommendation rating of “Buy” or "Strong Buy".

For Dalal Street, paints means Asian Paints. However, there is and sooner there will be even more to it.

The company has also signed an agreement with the Uttar Pradesh government to set up a steel manufacturing facility in the state at an investment of Rs 510 crore.Besides steel pipes, the company also produces hollow sections, tubes, cold rolled coils and strips, road crash barriers, solar mounting structures and a variety of other galvanised products

At 10.03 am, the stock was trading 3.8% higher on BSE. However, DLF stock has remained muted over the last one year and surged only 3%.

The company has also signed an agreement with the Uttar Pradesh government to set up a steel manufacturing facility in the state at an investment of Rs 510 crore.Besides steel pipes, the company also produces hollow sections, tubes, cold rolled coils and strips, road crash barriers, solar mounting structures and a variety of other galvanised products

Given relatively limited investor interactions, the Street will keenly look forward to interacting with the CEO designate, Citi said. TCS shares were trading at Rs 3,167.05 on the NSE and were down by Rs 17.95 or 0.56% against Thursday's closing price

The stock rallied from Rs 180 as on 28 February 2023 to Rs 217 recorded on 15 March which translates into an upside of about 21%.The recent momentum helped the stock to hit a fresh 52-week high of Rs 233.50 on 13 March 2023

While exits are possible, it must be pointed out that Krithivasan was a clear frontrunner in case Rajesh ever wished to step down. The question that we have been asked is why appoint Krithivasan when age is not on his side; after all, Krithivasan is 57 years old

“Amidst the intense tug of war, the Nifty50 index concluded the weekly expiry session on a subdued note, with mere gains of 0.08% and settled a tad below the 17000 mark,” Chavan said.

Several public sector banks were part of this list despite seeing a stellar run in 2022. The strong improvement in earnings and asset quality, coupled with credit growth triggered buying in this pack last year and also turned some of the stocks multibaggers.

From the Sensex pack, Infosys, HCL Tech and Tata Motors opened with over 1.5% gains. UltraTech Cement, L&T, Tata Steel, HDFC and Wipro also opened higher. Meanwhile, Bharti Airtel, TCS, NTPC and Sun Pharma opened with cuts.

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 Asian Paints and SBI while CA Rudramurthy has a buy/sell recommendation on Bajaj Finance and Manappuram Fin for today's trading session. Check out the targets and stoploss.

The price of this company has been rising steadily in an uptrend and has risen sharply by 27% since January. The candle formed at its lifetime high is a Hanging Man, which happens to be a bearish reversal pattern. Therefore, the price is expected to have formed a short-term top and is likely to undergo a correction

Sensex surges nearly 500 points, Nifty above 17,100; HAL jumps 4%, HCL Tech 2%; Yes Bank, Tata Steel, Adani Power are some of the top movers in morning trade.

"There will definitely be near-term challenges that need to be taken care of, but Krithivasan has been taking care of the BFSI vertical for a long time. I believe as of now, one should not worry about change in the leadership," Gopinathan said and ET Now reported

Nifty futures on the Singapore Exchange traded 122.5 points, or 0.72 per cent, higher at 17,145, signaling that Dalal Street was headed for positive start on Friday. Here are some stocks which are expected to see some action in trade today.

On Thursday, the markets went into an oscillating mode, gaining and shedding small gains. The Nifty ended the day with minor gain, although slipping sharply into the red at one point

Should TCS' Rajesh Gopinathan have waited for the right time before announcing his resignation? The MD and CEO answers why he wanted to announce his resignation before the next financial year.

The long-term investor, best known for spotting small and midcaps at an early stage, said he takes a 4-5 year view and accepts that stocks won't do anything in the next 6 months and can even fall 10-15%.While describing Nifty's trajectory as confusing, the Mumbai-based bull said the index is not the proper barometer at this stage to understand what is happening in the market

Varun Beverages shares ended at Rs 1,310 on the NSE on Thursday and were up by 35.65 points or 2.65% from the previous closing price.VBL is a key player in the beverage industry and is one of the largest franchisee of PepsiCo in the world (outside US)

According to data available on Trendlyne, the MWPL of GNFC stood at 82.5% as on 16 March with the open interest at 7.7 million. The OI day change was at negative 2.3%.

The texture of the chart formation and technical indicators such as RSI is indicating at a likely reversal from the current levels, which could lead to a new leg of the up move from its demand zone.In the near term, 268 would be the immediate support zone for the stock. Above the same, the stock may witness a pullback rally towards 299

The latest twist in the U.S. regional banks saga came on the heels of a 50 basis point rate hike by the European Central Bank, which earlier in the day had dampened investor sentiment already hurt by fears of a banking crisis.

The investment may be followed by another promoter funding round, apart from a much larger debt-raise, sources added. It is likely to be used for purchase of 5G telecom gear as Voda Idea has not yet proceeded with deployment of the high-speed network even as Reliance Jio and Airtel have started offering consumer services.

The markets extended a risk rally on Wall Street on Friday to end a tumultuous week that saw a brewing banking crisis send bond yields plunging while market participants sharply lowered expectations of future interest rate hikes in Western economies. The European Central Bank (ECB) delivered an inflation-fighting 50 basis point rate hike in line with oft-repeated guidance, with sentiment buttressed by the Swiss National Bank's massive support for Credit Suisse Group AG, which sent the troubled lender's shares 20% higher.