Analyst Michael Ng just took over coverage of the company, whose large user base he says will help the iPhone maker grow its services business

"IRFC has bounced back from breakout retest zone as well as 55WEMA of 26-26.5 and looks poised to rise towards 35 zone," Gaurav Bissa, VP, InCred Equities, said.

But quoting higher valuations by setting big expectations on growth can be detrimental, according to Zerodha founder and billionaire investor Nithin Kamath

The spotlight will be firmly on the February jobs report scheduled for Friday and Powell's testimony to Congress on Tuesday and Wednesday

Rate-sensitive megacap stocks including Apple Inc, Microsoft Corp and Meta Platforms were the top boosts to the S&P 500 and the Nasdaq as the yield on U.S. 10-year Treasury notes slipped to its lowest since March 1 at 3.91%.

The Dow Jones Industrial Average rose 34.35 points, or 0.10%, at the open to 33,425.32.

Besides recurring deposits, women also have shown interest in stocks and ETFs. Of 10 stocks and ETFs in which attract women, 9 are tech companies, and 1 is a semiconductor ETF

MGL plans to acquire Unison for a cash consideration of Rs 531 crore. With 8,800 domestic gas customers, Unison has a city gas distribution network in Ratnagiri, Latur & Osmanabad in Maharashtra, and Chitradurga and Davanagere in Karnataka. It also operates 41 CNG stations.

It was put under this framework along with 2 other Adani Group stocks in the wake of the massive sell-off in stocks.

The spotlight will be firmly on the February jobs report scheduled for Friday and Powell's testimony to Congress on Tuesday and Wednesday

The survey was conducted by MYRE Capital, a neo-realty investment platform, to understand the investment behaviour and financial decision pattern of over 5,200 women across Tier I and Tier II cities

The Sensex benchmark index rose by around 415 points and reached 60,224 on Monday, forcing 4 BSE commodities stocks and three from the BSE IT index to scale new 52-week highs.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.

Indian markets ended Monday on a positive note, continuing the previous week’s gaining streak. While S&P BSE Sensex ended at 60,225, gaining 416 points or 0.69% over Friday closing, the broader market Nifty50 settled at 17,711, up 117 points or 0.67%. Markets largely derived strength from gains in IT, energy and auto stocks. Of the 15 Nifty sectoral indices, 13 closed the day as gainers. Here are the counters that saw action today:

Options data suggests a broader trading range between 17400 to 17850 zones, while an immediate trading range between 17550 to 17850 zones

SBI witnessed strong buying momentum from the lower levels and surpassed the previous week's high of Rs 540. Momentum indicator RSI has given a positive crossover, which confirms the buy signal. The stock surpassed its previous 10 days volume high, which confirms the strong buying interest among participants.

The broader NSE Nifty surged 117 points or 0.67% to end at 17,711.

Closing Bell: Sensex rises for 2nd straight session, ends 415 pts higher; Nifty tops 17,700; JSW Energy jumps 11%, GSPL 6%

Adani stocks continued to rally for the fifth day today as investors now, shifted focus away from the Hindenburg report following the signing of a Rs 15,446 crore deal with GQG Partners, which picked stakes in 4 companies.

Goyal Auminiums said its associate company Wroley E India Pvt Ltd has secured sanction for financing from Shri Ram Finance to offer customers financial solutions to purchase its electric scooter with monthly instalments.

About 82% of the AUM managed by women fund managers outperformed the peer group average on a 1-year basis, 93% of the AUM outperformed on a 3-year basis, and 99% of the AUM outperformed on a 5-year basis, the research firm said in its report.

To simplify a problem, one effective approach is to decompose it into distinct components and analyze them through the lens of systems thinking.

Central bankers across the world have been fighting inflation in the aftermath of the pandemic, when rates were brought down to record lows. However, the extent of policy action took the investors by surprise as many thought the rate hike cycle will end early this year

What is Kiara Advani's investment mantra? Does the actress invest in equities, mutual funds or cryptocurrencies? Watch to find out.

At 11.48 am, the scrip was trading 2% higher at Rs 1,125 over its previous day's closing price of Rs 1,103 apiece. On a year-to-date basis, the stock has fallen over 6%, while it has dropped over 8% in the last six months

The uncertainty is rooted in how India marks the festival, with some parts of the country celebrating it on March 7, while the rest do it on March 8

"Grasim Industries is a major global producer of Viscose Staple Fibre (VSF) and the largest Indian Chlor-Alkali Chemicals, Linen, and Insulators player. Visible progress in E-Commerce and Paints for Grasim Industries poise well for a re-rating. We have at a 12-month target of Rs.1,888," Abhimanyu Kasliwal, Assistant Vice President - Research at Choice Broking, said.

As part of the Reserve Bank of India’s ‘Reconstruction Scheme 2020’, a consortium of eight banks led by government-owned lender State Bank of India (SBI) executed equity commitments in the bank. SBI initially bought shares worth Rs 6,050 crore for a 48% stake in Yes Bank at a consideration of Rs 10 per share.

Shares of Telecom Italia (TIM) jumped 4.1% as Italian state lender CDP said on Sunday its board had approved a non-binding offer for the fixed-line network of the former phone monopoly, adding it would be valid until March 31

Meanwhile, recently the brokerage firm ICICI Direct also said that the BSE Sensex may touch the 71,600 level by December 2023. For Nifty, the brokerage had set a target of 21,500 level.

The two-day rally, which comes after crisis-ridden Adani stocks got a Rs 15,000 crore booster shot from an NRI-owned FII, has made Dalal Street investors richer by Rs 6.11 lakh crore as the total market capitalisation of all BSE-listed stocks rose to Rs 266.1 lakh crore today.

Chipmaking equipment giant Tokyo Electron was the Nikkei's biggest support, providing 50 of the index's 310-point surge with its 3.1% advance. Sony also stood out with a 2.56% jump

Technical analyst Nilesh Jain remains bullish on stocks of state-run banks, and picks State Bank of India (SBI) and Bank of Baroda (BOB) as his top bets. Jain is Assistant Vice President (AVP), Equity Research Technical and Derivatives at Centrum Broking.

The profit includes an exceptional gain of Rs 359 crore, with respect to a JV with Bel SA for the cheese business and the consequent sale of a 49% equity stake in its subsidiary and a fair valuation of the residual stake of 51%

A bullish flag pattern is formed with strong uptrends and is considered a continuation pattern. The neckline of the pattern was placed above Rs 3,200 levels. The stock closed at Rs 3,312 on 1 March 2023.

In the last month of the volatile phase with a bearish bias, market breadth has been the biggest casualty. Even in such times during this period, some stocks have seen an improvement in their analyst scores. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

The consensus recommendation from 27 analysts for the stock is a buy. Out of the 27 analysts covering the stock, 19 have strong buy and buy ratings, while three have strong sell and sell ratings, and the other five have hold ratings.

The company’s price peaked in September 2022 and has been consolidating since October 2022, between Rs 800 and Rs 960. Within the range, the price has formed a higher low and given a trendline breakout. In the process, it has crossed its swing high. The breakout in price is supported by the rise in volume, which increases the reliability of the breakout.

Morgan Stanley maintained an overweight rating on SBI with a target price of Rs 715. The global investment bank believes that the share price will rise relative to the industry over the next 60 days.

Given the strong outlook for the lender, analysts expect good demand for the shares. After the bailout of the bank in 2020, YES Bank’s earnings have improved significantly, particularly on the asset quality front. The Rs 9,000 crore fund infusion by the PE firms has further bolstered the capital.

The consensus recommendation from 17 analysts for the stock is a Buy. Out of the 17 analysts covering the stock, fourteen have strong buy and buy ratings, while only one has a sell rating, and the other two have hold ratings.

From the Sensex pack, HCL Tech, Infosys and TCS were the top gainers, rising 1-2%. Titan, Reliance, Sun Pharma, Wipro and Axis Bank also opened with gains. Meanwhile, only Tata Steel opened with the cuts.

India VIX moved down by 6.09% from 12.97 to 12.18 levels on Friday. Volatility has been cooling off from the last seven sessions and paved the way for bulls at support zones. On the weekly options front, the maximum Call OI is placed at 18000 and then towards 17900 strikes while the maximum Put OI is placed at 17500 and then towards 17400 strikes.

Despite the gravity-defying rally in the last few years, value investors have stayed away from Adani stocks citing expensive valuations. "Classic PE is not the correct yardstick to value Adani stocks," Jain said, adding that the recent events made the investment opportunity attractive.

Jain described the airport, port and energy assets owned by Adani companies as “fantastic,” “irreplaceable” and available at a good price. His team had been following Adani companies closely for five years, but the valuations were in "no man's territory" and now the stock rout made the investment opportunity attractive.

From the Sensex pack, HCL Tech, Infosys and TCS were the top gainers, rising 1-2%. Titan, Reliance, Sun Pharma, Wipro and Axis Bank also opened with gains. Meanwhile, only Tata Steel opened with the cuts.

Sensex surges over 450 points; Nifty reclaims 17,700; Adani stocks rally up to 8%, Nykaa down 2%; GAIL, Bank of Maharashtra, PNB are some of the top movers in morning trade.

Investors are anxious about most of this. Forward implied volatility is back in the low 30s for the consumer-price-index day and nearing 40 for Fed rate-decision day later, meaning traders are betting on some big swings, data compiled by Citigroup show. However, a forward implied volatility reading of 26 on jobs data day indicates the market is underpricing that risk, according to Stuart Kaiser, Citigroup’s head of US equity trading strategy.

My book is about the Fed’s evolution in the 21st Century, and how it’s become vastly more powerful and vastly more transparent simultaneously. And I think the reason that’s important is because the Federal Reserve matters, not just to markets, but also to democracy.

The overall structure of the counter is lucrative, as it is trading above all its important averages. The momentum indicator MACD (moving average convergence divergence) is sustaining the current strength, and the RSI (relative strength index) is also poised positively.

Nifty futures on the Singapore Exchange traded 64 points, or 0.36 per cent, higher at 17,696, signaling that Dalal Street was headed for a positive start on Monday. Here are some stocks which are expected to see some action in trade today.