​A small negative candle was formed on the daily chart with a gap-down opening and a long lower shadow. Technically, this pattern indicates a hammer-type candle pattern formation, which signals chances of a pullback from the lows post-confirmation.

HDFC reported gross NPAs of 1.23% in the third quarter of FY23. Last year in June, HDFC sold four corporate accounts to Assets Care and Reconstruction Enterprise (ACRE) for ₹270 crore against the total loan of ₹577 crore, resulting in a recovery of 47%, as reported. In October, ACRE again bought a ₹1,180-crore loan from HDFC for ₹602 crore, resulting in a 51% recovery for the mortgage lender, as reported.

The worrisome part is that this sophisticated segment is drawing in people with limited knowledge and modest financial muscle. Salaried professionals, retirees, school teachers, and even housewives and students have jumped in, lured by the low brokerage and ease of trading offered by discount brokers and stock trading apps.

Cummins India Ltd has seen a large rally in the last three years. The stock is trading near all-time highs and is on the verge of breaking new records. However, global cues have been mixed and broad-based selling pressure has caused some profit-taking around higher levels. The stock is overbought and may show a pullback, but as long as it maintains over 1630 levels, bulls could take control of the stock and push it towards.

The US market's three main stock indices fell between 1% and 2% on Friday in response to the news of SVB's collapse and a resilient American jobs market. The weakness could rub off on Dalal Street on Monday morning as foreign investors may step up selling on local stocks in a flight to safer assets. The Sensex and Nifty have fallen over 2% in the past two trading sessions mainly led by domestic banks.

"We are seeing a good base formation around 1550 and price volume surge and follow up buying thereafter is making room for a more upside for Cummins India," Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd, said.

This is in line with promoters’ commitment to increase equity contribution, and promoters have now infused $2.6 billion, out of total acquisition value of $6.6 billion for Ambuja and ACC,” the release by the Adani Group said. The entire prepayment program meof $2.65 billion has been completed within 6 weeks.

The collapse of Silicon Valley Bank is causing global contagion, with some impact on the sentiment of the market in the short term and long term. However, the Indian banking system is more insulated and regulated, and the Indian equity markets are unlikely to be impacted. There will be some impact on the sentiment of the market in the short to medium term but will not affect Indian equity markets in the long term.

Next week is likely to remain volatile as crucial data points including inflation numbers from India and US will be released. A directional move is likely to be seen next week. The expert recommends buying the 29th March Nifty Future at 17440-17450 and buying the 16th Match at 17300 Put at 53-56, targeting 17800.

The market mood could be damped further following Friday's sudden collapse of start-up focused lender SVB, which stirred heated discussion over the weekend in China about its fallout

Replicating weak sentiments globally, Indian indices ended lower for the second straight day on Friday. After recouping some of the early losses, the Nifty index managed to end above 17,400, losing as much as 1%. Bank Nifty in the wake of the Silicon Valley Bank crisis plunged even sharply by around 2%.“On the daily charts we can observe that the Nifty has closed well off the lows it witnessed post the opening. It is currently trading around the 200-day moving average (17434) which is attracting value buying. This could lead to volatility as both Bulls and Bears would try to defend and break that average. Broadly, the index has shifted its range lower to 17800 – 17200 for short term perspective. Despite the sharp fall the daily momentum indicator still has a positive crossover which suggests that this dip should be bought into. Until Nifty breaches this range decisively on either side the range bound action is likely to continue and we might see sector rotation and stock specific action,” Jatin Gedia, Technical Research Analyst, Sharekhan by BNP Paribas, said.aHere are stock recommendations for Monday

Over the past year, the U.S. Federal Reserve launched its most aggressive interest rate hiking cycle since the early 1980s and other central banks joined in, leaving global investors to face a gamut of consequences

Replicating weak sentiments globally, Indian indices ended lower for the second straight day on Friday. After recouping some of the early losses, the Nifty index managed to end above 17,400, losing as much as 1%. Bank Nifty in the wake of the Silicon Valley Bank crisis plunged even sharply by around 2%.“On the daily charts we can observe that the Nifty has closed well off the lows it witnessed post the opening. It is currently trading around the 200-day moving average (17434) which is attracting value buying. This could lead to volatility as both Bulls and Bears would try to defend and break that average. Broadly, the index has shifted its range lower to 17800 – 17200 for short term perspective. Despite the sharp fall the daily momentum indicator still has a positive crossover which suggests that this dip should be bought into. Until Nifty breaches this range decisively on either side the range bound action is likely to continue and we might see sector rotation and stock specific action,” Jatin Gedia, Technical Research Analyst, Sharekhan by BNP Paribas, said.aHere are stock recommendations for Monday

Eight of the top 10 valued firms in India faced a combined erosion of Rs 1,03,732.39 crore in market valuation last week. This was due to concerns over the quantum of the next interest rate hike by the US Federal Reserve. The market valuation of Reliance Industries plummeted by Rs 41,878.37 crore to Rs 15,71,724.26 crore, the most among the top 10 firms.

Together, as much as 1.35 billion shares are with individual investors -- including retail, HNIs and NRIs -- under the lock-in and another 67 million with exchange-traded funds, and all these are likely to exit if not at one go over the next few weeks, according to analysts

CG Power and Industrial Solutions, Allcargo Logistics, DIC India, Taparia Tools, and Nettlinx will all trade ex-dividend this week. CG Power and Industrial Solutions, Allcargo Logistics, and DIC India will also trade ex-dividend on Wednesday, March 15. SBI Life Insurance, Taparia Tools, and Nettlinx will all trade ex-dividend on Friday, March 17.

Foreign investors have infused over Rs 13,500 crore in the Indian equities so far this month primarily driven by bulk investment from US-based GQG Partners in the Adani Group companies. This came following a net outflow of Rs 5,294 crore in February and Rs 28,852 crore in January. Prior to that, FPIs made a net investment of Rs 11,119 crore in December. However, the intensity of the selling has subsided.

Grantham joined the What Goes Up podcast to discuss the current state of play in markets, as well as some of the long-term risks he’s been studying, like climate change, de-globalization, the return of the Cold War and shortages in natural resources and labor.

These largecap companies have been able to beat all the negative news flow and volatile moves of the nifty. Their SR plus scores are also in positive range. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters.

Every time a trade takes place on a stock exchange, gold futures are bought on commodity exchange. There are few companies which will be a part of the trade and make money on that transaction. 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".

​​For instance, accounting quality is rather a powerful predictor of governance quality. We believe sustainability (ESG) is a culture backed by a history of clean accounts, consistent pro-minority investor actions and thinking very long term. Accounting quality and investment returns have a strong correlation too

Despite the recent downtrend, Indian private capital markets have come of age. At more than US$50 billion a year, private equity (PE) and venture capital (VC) investments represent more

How to ensure the retirement corpus keeps pace with inflation? In today's high-inflation environment, saving for an adequate retirement corpus requires efficient asset allocation, with equity investments being a key consideration. Equity has historically outperformed inflation in the long run, making it an attractive option for retirement planning. However, deciding on the right equity portion can be challenging.

Nirav Karkera, Head of Research at Fisdom, said that gold, as an asset class, is known to effectively align returns with inflation. The same deems it to be an important asset class today, especially for long-term retail investors.

Analyst sentiment, which is measured by the proportion of Buy/Hold/Sell ratings, has been hit over the past year, with the percentage of Buy ratings moderating to 71% from 73% a year ago. Further, the percentage of Hold rose to 17% from 16%, and Sell ratings climbed to 12% from 11%, a year ago. According to brokerage firm Motilal Oswal's data, 10 stocks have at least 96% Buy ratings from analysts covering the stocks.

The result has been increasingly wild moves across the spectrum of asset classes, swings that may persist over another news-packed stretch.

The issue with the PE ratio is that it creates a problem in terms of buying as well as selling. Because the P/E of a company is high, it often leads to selling wealth creators early, and then regretting or buying them at a point when they are expensive in real terms. Although it has its own limitations, it would still be better to use PEG ratio.

Hedge funds are offering to buy the deposits of startups at discounts of between 60 cents to 75 cents on the dollar. Others are offering liquidity to private equity and venture capital firms whose portfolio companies are unable to access cash at SVB at around 80 cents on the dollar in exchange for a guarantee from the fund that owns the companies, according to one of the people.

The weakness in domestic equities last week is likely to spillover into the week ahead as clouds of uncertainties persist. This week's major events to watch include the potential sale of stake in YES Bank by some of the lenders, and the release of inflation data from India and the US. Global macro environment is extremely crucial for Indian markets now. US inflation and the Fed's aggressive stance plus the Silicon Valley Bank crisis will be major triggers.

SVB’s collapse into Federal Deposit Insurance Corp. receivership came suddenly on Friday, following a frenetic 44 hours in which the bank's long-established customer base of tech startups yanked deposits. But its fate had been sealed years ago — during the height of the financial mania that swept across America when the pandemic hit.

The head of SVB Securities is exploring ways to buy the firm back from its parent. SVB Securities could lose a lot of talent - and thus its value - through the bank's collapse. There is no certainty that a deal will be reached and the effort could fall through.

Record levels of order flows have been witnessed for all major infrastructure players with the govt’s increasing focus on Gati Shakti scheme and National Infrastructure Pipeline (NIP)

The number of online frauds has been rising in leaps and bounds though RBI, Sebi, stock exchanges and cyber crime cells have stepped up vigil significantly

According to Sharma's tweets, SVB had a total investment of $1.7 million in One 97 Communications and they exited fully with handsome returns

The issue of bonds by Godrej Industries has been divided into two tranches of 25,000 NCDs with a face value of Rs 1 lakh each. Each series will have an aggregate nominal value of up to Rs 250 crore with an option to retain over-subscription up to Rs 250 crore aggregating up to Rs 500 crore.

The data caps a week in which markets were preoccupied with Fed Chairman Jerome Powell's hawkish two-day testimony before Congress, which moved the needle toward the likelihood that the central bank will hike its key policy rate by 50 basis points this month.

SVB then worked on a plan over the weekend to boost the value of its holdings. It would sell more than $20 billion worth of low-yielding bonds and reinvest the proceeds in assets that deliver higher returns.

These are Grovalue Financial Services, Analysewise Investment Advisors, Kaushal Mehta, Caledonian Jute and Industries, International Housing Finance Corporation and Brightcom Group Ltd.

"Secretary Yellen expressed full confidence in banking regulators to take appropriate actions in response and noted that the banking system remains resilient and regulators have effective tools to address this type of event," the Treasury said.

"We need to ensure there is an end to this rate hike cycle and that should be data-dependent, otherwise at some point of time, this could hurt India's economic recovery," the senior SBI official said.

Japan's second-largest banking group is seeking to capture growth in Asian emerging markets through acquisitions, spurred by limited business opportunities at home with ultra-low interest rates and an ageing population.

The popularity of Smart Beta ETFs is on the rise across the globe as they can generate alpha by using different factors

Why SIP is the most efficient way to invest for beginners

During the Covid phase, while beds of hospitals were full, their bottomlines did not grow much. That’s because of pricing restrictions and other issues. After Covid, as elective surgeries and other services restarted, growth is back on the table for a select few players. It is one of the sectors where institutional investors have increased their overall exposure. The following list is based on an upside estimated by the analysts, in a descending order.

Seven listed Adani Group companies lost over $100 billion in market value combined after a Jan. 24 report by Hindenburg Research alleged stock manipulation and improper use of tax havens, and flagged concerns over debt levels. Adani has rejected the concerns and denied any wrongdoing.

The US Fed started to increase rates in early 2022, taking and the total interest rate up by 450 bps. The current FED rate is 4.75%.

The report comes after SVB, which did business as Silicon Valley Bank, collapsed on Friday in the largest bank failure since the 2008 financial crisis, roiling global markets and stranding billions of dollars belonging to companies and investors.

The Nifty Pharma Index fell about 6% so far this year on a year-to-date basis. The price pressure in US generic market is seen as a key drag for the sector

SSVB's mission is to increase innovative companies' probability of success by providing unique financial products and services, targeting sectors including biotech, green technology, advanced manufacturing and digital transformation, according to its website.

In order to make intelligent investment, it is essential to understand which type of return is being discussed. This will help you put money in the right place to create wealth.