The daily momentum indicator made a positive crossover. Chart readers said today’s fall might appear aggravated on account of weekly expiry. Overall, the range of consolidation is likely to be 17500 – 17925 from a short-term perspective.

The RBI has launched a special examination of the banking system's exposures to Adani Group entities, and Governor Shaktikanta Das has said that a single case cannot impact the broader banking system.

Investors got poorer by Rs 1.97 lakh crore on Thursday as market capitalisation of all listed companies declined to Rs 264.27 lakh crore. The rupee strengthened against the dollar. But RBI's likely intervention capped further spike and brought the local unit closer to 82 per dollar.

At 18.8% growth YoY, the number of orders rose to 83.50 million. But, the stock has declined 28% in the last six months, while falling 14% year-to-date.

With the latest pledge, the total shares in Adani Green Energy Ltd - the group's renewable energy company - that were encumbered with SBICap was 2 per cent. In the case of Adani Transmission, this came to 1.32 per cent

Closing Bell: Sensex resumes downtrend, slumps 542 pts; Nifty slips below 17,600; M&M falls 3%, RIL 2%

The oil and natural gas giant has paid an equity dividend of Rs 14 per share in the last 12 months amounting to a dividend yield of 8.92% if we consider the current share price levels.

For existing investors who have already provided the nomination details prior to the circular issued in July 2021, re-submission of nomination details is optional

The watchdog suggested that the sponsors of REITs/InvITs should hold 15 per cent of the capital for a period of three years from the date of listing as there is no mandatory unit holding requirement after three years.

Under the arrangement, Mimosa’s product development, manufacturing, and sales teams of 56 employees will continue with Mimosa following the acquisition by Radisys, the filing said.

Since January 2018, when the new management took over, Religare Finvest has repaid over Rs 9,000 crore to its lenders from its collections and through the support of its parent company

"China's economic data is showing signs of recovery with manufacturing PMI rising to an 11-year-high and property prices starting to stabilize. After a 23% fall in CY22, China export steel price is up 14% in CYTD 2023," global brokerage firm Jefferies said.

ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.

While the buyers and sellers were not known immediately, it was earlier reported that Clear Wealth Consultancy Services was planning to sell its stake in the company

"Firstsource Solutions (FSL) is looking positive technically as the prices have started forming a ‘Higher Top Higher Bottom’ formation and has recently given a breakout from its consolidation," Ruchit Jain, Lead Research, 5paisa.com, said.

These large cap companies have shown an improvement in their SR score at a time when markets have been overwhelmed by news and other developments. 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.

"The negative outlook is due to expected moderation in financial flexibility of the Adani Group in case of any adverse outcome or observations in on-going regulatory and legal scrutiny directed by Honourable Supreme Court of India in connection with various allegations against Adani group companies," CARE said in a report.

This company’s price has been consolidating for the past two months in a narrowing range. This has led to the formation of a falling wedge chart pattern, a breakout from which is expected to propel prices higher at a quick pace. A rise in volume near the breakout increases the reliability of the breakout.

Shares of Kirloskar Oil Engines rose nearly 4% to Rs 405.5 in Thursday's intraday trade on BSE. The entities belonging to the late Gautam Kulkarni family and part of the promoter group of Kirloskar Oil Engines have offloaded nearly 18% stake in the company for Rs 825 crore through block deals

The worst hit stocks in the sector are contract manufacturers of electronic appliances Amber Enterprises and Dixon Technologies. While Amber Enterprises has nosedived more than 42% so far in FY23, Dixon has lost about 31%.

Gains from Bharti Airtel, L&T and Tata Steel were offset by Reliance, ICICI Bank and TCS.

India VIX moved up by 1.47% from 12.27 to 12.45 levels on Monday. Volatility slightly moved up for the day but overall it has been cooling off from the last few sessions which is a positive sign for the bulls.On the weekly options front, the maximum Call OI is placed at 17800 and then towards 18000 strikes, while the maximum Put OI is placed at 17600 and then towards 17700 strikes

The stock rose from Rs 607 recorded on 31 January 2023 to Rs 823 as on 6 March 2023 which translates into an upside of 36%.After the breakout from a rounding bottom pattern on 27 February 2023, the momentum took the stock to a fresh record high of Rs 832 on 6 March 2023

Jio Platforms, will buy Mimosa Networks from U.S.-based IT services company Airspan Networks Holdings Inc for $60 million on a debt-free, cash-free basis, the companies said on Thursday.

The company started to see some delays in decision-making in Europe. The US aggregate outlook looks mixed for the next couple of months which could weigh on prices and on books," the brokerage said."The company saw pricing improvement in certain segments and is expecting to finish Q4FY23 at 25% EBIT margins," it added.

Gains from Bharti Airtel, L&T and Tata Steel were offset by Reliance, ICICI Bank and TCS.

Sensex flat, Nifty tests 17,750; Adani Ent up 5%, Delhivery sheds 2%; Yes Bank, Tata Steel, NCC, PNB are some of the top movers in morning trade.

The markets on Wednesday showed they could hold their heads above water despite adverse news. The US Fed’s hawkish statement moved the dollar index up and stocks and commodities down. But the Nifty ended up with some gains.

Out of 10 Adani stocks, 5 of them - Adani Green, Adani Wilmar, Adani Total Gas, Adani Transmission and Adani Power - were trading at a 5% higher circuit limit today.

BSE mid and smallcap indices declined over 2% year-to-date amid weak global cues and persistent selling by FIIs. However, domestic brokerage firm Motilal Oswal is bullish on BFSI, Auto, and Leisure & Hospitality stocks. Motilal's top picks include Ashok Leyland, Bharat Dalmia, Jubilant FoodWorks and Poonawalla Fincorp. Here is a list of 8 top preferred mid & smallcap stocks from Motilal Oswal:

The stock hit its 52-week high of Rs 995.50 on the intraday basis on Wednesday and ended flat at Rs 986 on the NSE.Considered as a dominant player in the CGD (city gas distribution) space in and around Mumbai, the stock of MGL has returned more than 37% over a 12-month period, outperforming the Nifty50 by approximately 28%

Nifty futures on the Singapore Exchange traded 5 points, or 0.03 per cent, higher at 17,805, signaling that Dalal Street was headed for a muted start on Thursday. Here are some stocks which are expected to see some action in trade today.

Considering India's nominal FY23 GDP at Rs 273 trillion, India’s total market cap to GDP is now trading at 92%. "At FY24 projected nominal GDP levels, Mcap/GDP ratio translated into 84% (fairly valued). As per the Union Budget 2023-24, the FY24 GDP assumption is pegged at Rs 301 trillion," Axis Securities said

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 GNFC and AB Capital while Nooresh Merani has a buy/sell recommendation on L&T Finance Holdings and Tata Power for today's trading session. Check out the targets and stoploss.

Job openings remain elevated, private payrolls beat consensus estimates and demand for home loans increased despite the ongoing upward trajectory of mortgage rates

Stocks had fallen more than 1% on Tuesday after Powell's comments led investors to dramatically increase bets on a 50-basis-point hike in March compared with the previous widely held expectation for a 25-basis-point hike before Powell spoke

The entities belonging to the late Gautam Kulkarni family and part of the promoter group of Kirloskar Oil Engines Ltd have offloaded nearly 18% stake in the company for Rs 825 crore through block deals.

Those emergency measures (LTRO/TLTRO) taken during the Covid-19 pandemic were aimed at ensuring adequate liquidity in the financial system that faced major shocks due to business disruptions and strict mobility curbs imposed to prevent the spread of the virus

The market regulator said illustrations provided in the advertisements/ presentations/ brochures/ pamphlets would lead investors to believe that they will receive fixed returns on their investments.

Unlike regular private equity (PE) and venture capital (VC) funds which have fixed lives, a PCV can last in perpetuity, and its best examples are famous investment houses like Berkshire Hathaway and Fairfax.

Shri Gang Industries, with revenue of ₹113 crore and profit of ₹7 crore in the trailing 12 months, has gained 1,911% since April 1. The stock surged nearly 8,800% from ₹2.71 to ₹242.55 between April and September last year and has declined 74% since then.

"The RBI in the February MPC meeting expectedly raised the repo rate by 25 basis points, while higher inflation print in January CPI poses risk of another hike if inflationary expectations do not ease," said Anand Dama, analyst with brokerage Emkay Global. "With the threat of El Nino on the rise, food inflation could be a spoil-sport and, thus, add to the risk."

Instead, Federal Reserve Chair Jerome Powell's testimony on Tuesday is fueling expectations of a bigger hike this month, with traders pricing in peak rates of 5.6% from less than 5% at the end of last year. Treasury traders are doubling down on recession expectations, the dollar has rebounded while equity markets from the S&P 500 Index to the MSCI Asia Pacific gauge are giving up gains.

Powell told lawmakers the Fed is likely to lift interest rates higher and potentially more quickly than previously anticipated with inflation persisting, an unexpectedly aggressive posture following last month's step down in the pace of hikes.

He offered his own anecdotal evidence, saying he knows equity fund managers that have stocked their portfolios with between 25% and 50% of short-term bonds from blue-chip companies.

The stock witnessed some resistance above Rs 120 levels in February on the daily charts. It rose to a high of Rs 123 on February 16, 2023, but failed to hold on to the momentum. It closed at Rs 115 on March 6, which translates into a fall of about 7%

In Adani Green Energy, 1,56,65,500 shares or 0.99% more stake has been pledged. With this, a total 2% stake is pledged with SBI Trustee. In Adani Transmission, 85,26,000 shares or 0.76% stake has been pledged. With this, a total 1.32% stake is pledged with the trustee

At 9:38 a.m. ET, the Dow Jones Industrial Average was down 7.11 points, or 0.02%, at 32,849.35, the S&P 500 was down 1.51 points, or 0.04%, at 3,984.86, and the Nasdaq Composite was up 5.46 points, or 0.05%, at 11,535.80.

Those emergency measures (LTRO/TLTRO) taken during the Covid-19 pandemic were aimed at ensuring adequate liquidity in the financial system that faced major shocks due to business disruptions and strict mobility curbs imposed to prevent the spread of the virus

The latest issue will SBI diversify and raise long term capital with call option of more than 10 years, helping the bank in managing its capital adequacy effectively