From the Sensex pack, SBI and IndusInd Bank were the top gainers, rising about 1.5-3%. NTPC, ITC, Power Grid, Tata Steel and HCL Tech also opened with gains. Meanwhile, only Sun Pharma and Asian Paints opened with cuts.

In 2022, when most asset managers watched clients yank cash from their funds as markets cratered, GQG thrived. The firm lured $8 billion in fresh investment and three of its four flagship funds beat benchmark indexes by wide margins.

Investing in small cap stocks is one of the toughest challenges for any investor. However, if an investor gets his decision right, the returns on investment on getting (ROI) are high. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space with high upside potential over the next 12 months, having an average recommendation rating of “Buy” or "Strong Buy" and also meeting some parameters like net margins and return on equity.

However, the Supreme Court-appointed committee and Sebi's investigation into the stock crash and the Hindenburg report will remain a key overhang on the stock till the investigation is completed in the next two months.

In 2022, when most asset managers watched clients yank cash from their funds as markets cratered, GQG thrived. The firm lured $8 billion in fresh investment and three of its four flagship funds beat benchmark indexes by wide margins.

Damani’s prominent investments include India Cements with about 21% stake and VST Industries with 31% stake. Besides, he holds over 67% stake in Avenue Supermarts and is the promoter of the DMart supermarket chain operator.

From the Sensex pack, SBI and IndusInd Bank were the top gainers, rising about 1.5-3%. NTPC, ITC, Power Grid, Tata Steel and HCL Tech also opened with gains. Meanwhile, only Sun Pharma and Asian Paints opened with cuts.

The stock which is part of the S&P BSE 500 index hit a 52-week high of Rs 1,218 on 1 March 2023. The neckline of the pattern was placed around Rs 978. The stock closed at Rs 1,172 on 1 March.

India VIX moved down by 0.23% from 13 to 12.97 levels in the previous trading session. Volatility needs to cool down below 12-13 zones for market stability.

The asset management giant and prolific real estate investor sought an extension from the bondholders to repay the debt, but they voted against it, the report said on Thursday, citing people familiar with the matter.

Goldman Sachs maintained its buy rating on UltraTech Cements with a target price of Rs 8500. The global investment bank is seeing improved visibility on growth, and the valuations are now looking more attractive.

From the Sensex pack, SBI and IndusInd Bank were the top gainers, rising about 1.5-3%. NTPC, ITC, Power Grid, Tata Steel and HCL Tech also opened with gains. Meanwhile, only Sun Pharma and Asian Paints opened with cuts.

"He does not explicitly run an ESG fund, and importantly, his investors are well aware of that," he said in reference to GQG buying into Adani which has major coal assets. ESG stands for environmental, social and governance.

United States boutique investment firm GQG Partners has bought shares worth USD 1.87 billion in four Adani group companies, Reuters reported. The decision of GQG marks the first major investment in the Adani group since a short-seller critical report resulted in a stock rout. Who is GQG Partners' Rajiv Jain, the man who bought a heavy amount of Adani shares? ET NOW's Nikunj Dalmia weighs in.

"Kirloskar Brothers Ltd. (KBL) is one of the largest players in the pumps industry and has a diverse range of offerings in pumps. We expect revenue/earnings CAGR of ~11%/~27% over FY23-FY25E. The company has low debt, short working capital cycle," Khadija Mantri, AVP Research at Sharekhan by BNP Paribas, said.

​​Shares of Adani Enterprises were locked in 10% upper circuit limit at Rs 1,767.35. Stocks of 6 other group companies - Adani Transmission, Adani Green Energy, Adani Total Gas, Adani Wilmar, Adani Power and NDTV - were locked in their 5% upper circuit brackets.

From the Sensex pack, SBI and IndusInd Bank were the top gainers, rising about 1.5-3%. NTPC, ITC, Power Grid, Tata Steel and HCL Tech also opened with gains. Meanwhile, only Sun Pharma and Asian Paints opened with cuts.

The meteorological department has flagged high probability of above normal temperatures in March-May, attributing 50% chance of El Nino conditions coinciding with the crucial southwest monsoon.

Domestic brokerage firm Axis Securities is positive on a few stocks, which can rally up to 60% in 2023. The brokerage believes the worst of the FIIs outflow is now behind as the strong earnings growth and economic recovery will play out for the remaining months of FY23. Axis Securities believes that the Indian economy stands in a sweet spot of growth and remains the land of stability against the backdrop of a volatile global economy. It also believes that the current setup is a ‘Buy on Dips’ market. Here's a list of 10 stocks that can rally up to 60%, according to Axis Securities:

Stocks specifically, within the two-wheeler space, the brokerage is positive on Bajaj Auto as it expects recovery in domestic sales from now and bounce back of exports 3-4 months down the line as dollar scenario improves in Africa.

Sensex jumps over 400 points, Nifty above 17,400; Adani stocks rally up to 10%, SBI 5%; Yes Bank, PNB, Vodafone Idea are some of the top movers in morning trade.

Nifty futures on the Singapore Exchange traded 106 points, or 0.61 per cent, higher at 17,461, signaling that Dalal Street was headed for a positive start on Friday. Here are some stocks which are expected to see some action in trade today.

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 Indian Bank and Voltas while Nooresh Merani has a buy/sell recommendation on Coal India and SBI for today's trading session. Check out the targets and stoploss.

The company’s price peaked in November 2022 and has been moving sideways ever since, between Rs 229 and Rs 207. Recently, its price formed a higher low and has now given a breakout from a falling trendline. The trendline breakout has accompanied the rise in volume, which increases the reliability of the breakout.

The Dow Jones Industrial Average rose around 1%, while the S&P 500 and Nasdaq Composite both gained around 0.75%, even as Tesla Inc fell nearly 6% after the company failed to impress investors with few details on its plan to unveil an affordable electric vehicle.

After a long correction, the stock took support near Rs 55 level and bounce back sharply. Post reversal, the stock rallied over 15% and also formed a long bullish candle on daily charts.However, the short-term texture of the stock is still volatile and non-directional perhaps, traders are waiting for either side confirmation.

At the closing bell, Fed Governor Christopher Waller said a string of "hot" data may force the U.S. central bank to raise rates higher than the 5.1%-5.4% range projected by the majority of Federal Reserve policymakers as recently as December.

OI data indicates that on the call side the highest OI was witnessed at 17500 strike price while on the put side, the highest OI was at 17000 strike price.

M&M Financial Services reported a total disbursement of Rs 4,185 crore in February, delivering 53% growth over February 2022. Consequently, the loan book grew further by 1.5% over January 2023. The collection efficiency (CE) was at 97% for February 2023 compared to 98% achieved in February 2022.

The expert committee is headed by former Supreme Court judge Abhay Manohar Sapre. Its members are former State Bank of India chairman OP Bhatt, former Bombay High Court judge JP Devadhar, noted banker and National Bank for Financing Infrastructure and Development (NaBFID) chairperson KV Kamath, Infosys cofounder Nandan Nilekani and securities lawyer Somasekhar Sundaresan.

"Conditions are definitely being set up for demand generation and we have to be able to use these conditions of investment in the infrastructure, digital capacity and human capital," Shailesh Jejurikar, chief operating officer at Procter & Gamble Co, told ET in an interview.

Sources said the conglomerate may also use the funds to prepay a $750-million mezzanine debt facility, which was also taken to help finance the purchase of the twin cement assets, billed as the biggest takeover in India's building materials industry to date.

Analysts say that since the lender would also have a post-integration expense of ₹1,500 crore expensed over 18 months, the deal will only be profit accretive at the end of the calendar year 2024.

Hyderabad-based Greenko is 52% owned by GIC of Singapore. The founder duo — Anil Chalamalasetti and Mahesh Kolli — together own 12%, Abu Dhabi Investment Authority owns 14% while the rest is owned by Japanese major Orix Corporation.

The regulator in two separate orders barred 55 entities including actors Arshad Warsi and his wife Maria Goretti from the securities market for alleged price manipulation through YouTube and subsequently offloading the inflated shares of Sadhna Broadcast and Sharpline Broadcast.

In February, promoters of UPL bought 37 lakh shares worth ₹531 crore in the agrochemicals company from open market. They had increased their stakes in the company by 2.29% in the December quarter through several bulk deals.

Indian individuals can send money overseas through the Liberalised Remittance Scheme (LRS). Under the scheme, an individual can send a maximum of $250,000 to an overseas jurisdiction in a year.

Benchmark indices wiped out previous day gains, with the Sensex closing below 59,000 and the Nifty breaking below its 200-day moving average (DMA) of 17,397, a key technical indicator, led by declines in banks, technology, automobile and metals stocks.

Flagship Adani Enterprises gained 2.75% to close at ₹1,607.25. Ambuja Cement and Adani Total Gas gained over 4% each. Adani Ports & Special Economic Zone moved up 3.5% and ACC rose 1.4%.

ABB India's stock price rose from Rs 2,789 recorded on February 1, 2023, to Rs 3,311 as on March 1, 2023, which translates into an upside of 19%.

The yield on 10-year Treasury notes - the benchmark for global borrowing costs - raced further above the 4% level on Thursday to touch a fresh four-month high of 4.06%.

"ABB stock is making higher lows from the last three months which indicates that the base is shifting higher. It has come out of its consolidation on the daily frame and sustaining well above its key 50 DEMA," Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd, said.

Agarwal said the Indian IT industry took about 20 years to get the first $100 billion mark and 8-10 years for the next $100 billion, but the third $100 billion is going to come in 4 to 5 years

Amid weak trends in global equities and continuous foreign fund outflows, The BSE Sensex tumbled 502 points to settle at 58,909.35. Broader peer Nifty ended below 17350 levels, dropping 0.74%“On the hourly charts, we can observe that the rise from the lows of 17,255 has been impulsive in nature indicating that a short-term bottom is in place and this dip is a retracement of that rise. It is trading in the crucial Fibonacci support zone 17,336 – 17,300 which are the 61.82% retracement level (17,336) and 78.6% retracement levels (17,300), respectively, and we expect the Nifty to hold on to this support and resume its next leg of up move,”said Jatin Gedia, Technical Research Analyst, Sharekhan by BNP ParibasHere are stock recommendations for Friday

Adani block deal completed: GQG Partners invest $1.87bn in Adani Group; Goldman Sachs buys 8.2 mn shares. ET Now's Ajaya explains the significance of the deal and why he feels the Adani saga is normalising

"Giving a beneficial owner or a fund's senior official details is a uniform requirement across jurisdictions such as Hong Kong, Singapore," said a source.

The Dow Jones Industrial Average rose 119.13 points, or 0.36%, at the open to 32,780.97.

"Giving a beneficial owner or a fund's senior official details is a uniform requirement across jurisdictions such as Hong Kong, Singapore," said a source.

​​The trust, which is part of the promoter group, sold stakes in Adani Ports and Special Economic Zone, Adani Green Energy, and Adani Transmission

The Sensex benchmark index ended Thursday with a decrease of approximately 502 points at 58,909. As the index fell, five stocks from the BSE consumer discretionary index also hit their new 52-week lows, which is the lowest price at which a stock has traded within the past year. This technical indicator is often used by traders and investors to analyze a stock's present worth and anticipate its future price fluctuations