Powell's comments over Tuesday and Wednesday have indicated the Fed may have to raise rates higher and keep them there for longer in light of strong activity data and persistently high inflation levels.

Consequently, Jyotsna Kulkarni and her family members had said they would cease to be shareholders and promoters in the Kirloskar group companies

Just a day before, NSE had moved Adani Enterprises out of the surveillance after being under scrutiny for a month.

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Four stocks belonging to the BSE consumer discretionary index hit new 52-week highs as benchmark index Sensex rose by around 124 points to reach 60,348 on Wednesday.The 52-week high is the highest price at which a stock has traded during the last year. Some traders and investors use this technical indicator as an important factor for analysing a stock's current value and for predicting its future price movement.

Just a day before, NSE had moved Adani Enterprises out of the surveillance after being under scrutiny for a month.

The Dow Jones Industrial Average rose 15.62 points, or 0.05%, at the open to 32,872.08.

Consumer goods imports rose $4.1 billion, lifted by increases in cellphones and other household goods as well as pharmaceutical preparations, toys, games and sporting goods. Capital goods imports increased $1.4 billion, reflecting rises in electric apparatus and telecommunications equipment

Bonus shares are fully paid additional units issued by a company to its existing shareholders. When a firm issues bonus shares, its shareholders do not have to incur any extra costs to get them. The number of bonus shares you receive depends on the number of shares of the firm you already hold

Defying weak global sentiments on concerns of a steeper interest rate hike, Indian indices ended in the green on Wednesday. In a volatile session, broader markets outperformed. Among sectoral indices, auto pack emerged as the top gainer.“The market could make an attempt to retest the key resistance again around 17,800 levels in the short term. Such repeated testing of the hurdle could eventually result in decisive upside breakout of the same in the near term. Immediate support is at 17,600 levels,” said Nagaraj Shetti, Technical Research Analyst, HDFC Securities.Here are stock recommendations for Thursday

The second interim dividend will be paid to those shareholders whose names appear as beneficial owners at the end of business on 21 March as per the beneficial owners position to be downloaded by NSDL and CDSL in respect of the shares held in the electronic form and as members in the registrar of members of the company,the company said

The Central Board of Direct Taxes (CBDT) issued a circular in March 2022, whereby the PAN allotted to a person would become inoperative if it is not linked with Aadhaar by March 31, 2023, and would be liable to all the consequences under the Income-tax Act, 1961, for not furnishing, intimating or quoting the PAN.

Defying weak global sentiments on concerns of a steeper interest rate hike, Indian indices ended in the green on Wednesday. In a volatile session, broader markets outperformed. Among sectoral indices, auto pack emerged as the top gainer.“The market could make an attempt to retest the key resistance again around 17,800 levels in the short term. Such repeated testing of the hurdle could eventually result in decisive upside breakout of the same in the near term. Immediate support is at 17,600 levels,” said Nagaraj Shetti, Technical Research Analyst, HDFC Securities.Here are stock recommendations for Thursday

Sebi asked companies as well as appointed brokers to ensure compliance with the provisions. The stock exchange will monitor their compliance and in case of any instance of such non-compliance will impose appropriate fines or other enforcement actions as deem fit

The empire led by billionaire Gautam Adani has since pre-paid about $2 billion of share-backed loans, made bond repayments on time and won another $1.9 billion investment from star investor Rajiv Jain of GQG Partners.

Chart readers said 17,800-17,850 is a key zone to watch out for as it coincides with a 61.8% retracement level and 89-EMA. However, considering the broad-based buying and fag-end surge we expect the benchmark to surpass this level and head towards 18,000 in the coming sessions

"This is to inform you that a meeting of the Board of Directors of the company is scheduled to be held on Monday 13 March to, inter-alia, consider the recommendation for payment of Interim Dividend for FY 2022-23," the company said in a filing.

The 30-share BSE benchmark Sensex rose 124 points or 0.21% to settle at 60,348. The broader NSE Nifty surged 43 points or 0.24% to end at 17,754.

On Wednesday, the stock is trading flat at Rs 1,129.40 apiece on NSE. So far this year, the scrip has lost about 8% on a year-to-date basis. In the past 12 months, SBI Life Insurance declared an equity dividend amounting to Rs 2 per share, which results in a dividend yield of 0.18%

Sensex recoups losses, ends 139 pts higher; Nifty tops 17,700; Reliance Power surges 10%, PB Fintech sheds 4%; KRBL, Balrampur Chini, Nupur Recyclers are some of the top gainers in closing trade.

The drop in the share of tax haven countries was offset by the rising share of highly regulated nations such as the USA, UK, Norway and Japan. The share of USA domiciled funds rose to a record high of 42% in February compared with 38.8% a year ago and 35% five years ago.

A stock split is usually done to increase the stock's liquidity in the market. On the ex-split date, investors holding the stock, until the record date, will receive the new shares in Demat accounts, and the price will be adjusted according to the split ratio

The index posted its steepest one-day fall in nearly two weeks on Tuesday after Powell, at a hearing before the Senate Banking Committee, said the central bank might need to raise interest rates more than expected and was prepared to move in larger steps to temper inflation

That sent U.S. long-term yields higher, but also the dollar against the yen. The Japanese currency dipped to a nearly three-month low at 137.90 to the greenback, boosting the value of overseas revenue at automakers and other multinationals.

While the world around us is shedding stereotypes and eliminating negative ideas and perceptions to bring more gender equity, women continue to face challenges. More needs to be done to empower women and girls in our society. That will propel them to play a meaningful role in India’s economic success. Financial literacy will help them break the barriers and focus on their personal success.

​​ Some debts like home loans in reasonable proportion are good as they are again helping you create a long term asset. There are better interest rates offered to women borrowers besides tax benefits. As per my experience women intrinsically have better risk management skills and patience, which is essential for long-term wealth creation

The brokerage forecasts Jubilant to add over 100 stores in FY24. The market may eventually expand to accommodate both brands - Popeyes and KFC; however, KFC does have an air pocket to tackle for now as we assign a high probability of new Popeyes stores in the same catchment as KFC, it said

By empowering women with financial education and resources, we can bridge long-standing gaps and help drive economic growth on a national level. When women progress, India progresses, and therefore, it is crucial to prioritise and invest in women's financial literacy and well-being.

GQG Partners, co-founded by Jain in 2016, bought shares worth $1.87 billion in four Adani group companies, marking the first major investment in the Indian conglomerate since a short-seller's critical report in January sparked a stock rout.

The buyback proposal will not exceed the maximum size, which represents 5.13% and 5.04% of the aggregate of the total paid-up capital and free reserves of the company based on the audited financial statements of the company as on March 2022, respectively.

KPI Green Energy Limited provides renewable energy construction services. The company designs and builds solar power plants. The company develops and maintains grid-connected IPP solar power projects under the ‘Solarism’ brand. It generates revenue by supplying the power generated from its solar power plants to reputed business houses through Power Purchase Agreements.

The downward revision for top clients came despite improving macro expectations for CY23, evident from upward revision in GDP estimates of US,EU and UK. However, the corresponding impact does not seem to have been reflected into the CY23 outlook of top clients of Indian IT firms.

Women are also known to be more risk-averse than men. A Harvard study concludes that financial risk-taking is associated with higher testosterone levels. Hence, women tend to take fewer risks than their male counterparts.

The company has begun phased commissioning of a 6 mtpa pellet plant at KPO, which would fully replace the market purchase of pellets in FY2024E and reduce costs, Kotak report said. Further, the 2.2 mtpa CRM mill at KPO should be commissioned in 2HFY24E and aid margins on value addition, it added.

Choosing the right option: You can embrace equity in one of two major ways – directly investing in stocks or via equity mutual funds. Your decision should be based on your risk appetite and understanding of the market. It is advisable to opt for equity funds, if you are a novice, since your funds would be managed by a professional fund manager capable of taking the right decisions.

The consensus recommendation from 9 analysts for the stock is a Buy. Out of the 9 analysts covering the stock, eight have strong buy and buy ratings, while one has a sell rating.

Opening Bell: Sensex tumbles over 300 pts, Nifty below 17,650; IT stocks drag, Adani stocks up 5%

​In the morning, 3 Adani stocks - Adani Green, Adani Total Gas and Adani Transmission - were locked in 5% upper circuit limits today. Adani Power was up 4%, while the group's flagship entity Adani Enterprises was trading 2% higher.

On the weekly options front, the maximum Call OI is placed at 17,800 and then towards 18,000 strikes while the maximum Put OI is placed at 17,500 and then towards 17,600 strikes.

However, workplaces still grapple with gender-specific issues, struggle to differentiate between gender-agnostic traits, and identify unconscious bias. Fairness is a relative term where equality does not exist as an absolute.

From the Sensex pack, Tech Mahindra, HCL Tech, Infosys, Titan, and Kotak Bank were the top losers, falling about 1-1.5%. IndusInd Bank, Wipro, Asian Paints, TCS, and Bajaj Finserv also opened lower. On the other hand, only Maruti, L&T, and UltraTech Cement opened higher.

JPMorgan maintained its overweight stance on Grasim with a target of Rs 1980. The global investment bank believes the core business growth is largely on track and is confident of Paint's foray.

Adani Group promoters have prepaid loans backed by shares worth $902 million or 7,374 crore to foreign banks and Indian lenders ahead of their maturity in April 2025, it said in a release on Tuesday. The move is aimed at assuaging investors concerned over the total borrowings of the industrial house’s promoters led by Gautam Adani with shares of group companies as collateral in the wake of the recent sell-off triggered by the Hindenburg Research report.

Women are also known to be more risk-averse than men. A Harvard study concludes that financial risk-taking is associated with higher testosterone levels. Hence, women tend to take fewer risks than their male counterparts.

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 Cipla while Nooresh Merani has a buy/sell recommendation on Power Grid and ONGC for today's trading session. Check out the targets and stoploss.

The company’s price was sliding lower since September 2022 and formed a bottom at Rs 2,700 in January. The same level was retested in February, making it a double pattern, which is a bullish reversal price pattern. The price has now risen above the lower high between the two bottoms and the stock can be considered as a buying candidate.

The pharma stock hit a fresh 52-week high of Rs 482.20 on 8th February 2023 but it failed to hold on to the momentum. It started descending in a channel formation and bounced back after taking support above the 20-DMA on the daily charts.

However, the road still seems challenging as per recent statistics, 50% of all women indicated they would define their attitude towards personal finance as avoidant. Be it homemakers or working women, stepping into the financial sphere might seem challenging at first. But by employing effective research and constructive strategies they can surely give a kick start to their money management journey.

More than men it is women that have a greater need to actively manage their finances. It is thus imperative for women to take charge of their money through smart planning and investing best suited to their needs.

Adani Group promoters have prepaid loans backed by shares worth $902 million or 7,374 crore to foreign banks and Indian lenders ahead of their maturity in April 2025, it said in a release on Tuesday. The move is aimed at assuaging investors concerned over the total borrowings of the industrial house’s promoters led by Gautam Adani with shares of group companies as collateral in the wake of the recent sell-off triggered by the Hindenburg Research report.