The past trend shows that the markets were jittery a year before the elections in 2009, 2014, and 2019. The impact on the small cap index was more severe.

Sebi alleged that Joshi passed on information of impending large trades by his employer Axis Mutual to his aides who took positions before the fund house executed the transactions. Sebi said Joshi, who was privy to the trade information of the fund house including size and timing of orders that were not in public domain, would pass on the confidential information regarding the impending trade order to his connected individuals.

ET takes a look at brokerage Jefferies’ top stock picks in India based on at least 25% expected returns from Wednesday’s closing.

In terms of price action, the stock is still trading above most of the crucial short-term moving averages such as 5,10,30, and 50-DMA. It is also trading above the 100-DMA on the daily charts.

The group's flagship company Adani Enterprises gained 14.70% to close at ₹1,564.3. The stock has surged 31% in two trading sessions. Adani Green, Adani Transmission, Adani Power, Adani Wilmar, Adani Total Gas, and NDTV surged 5% - the highest tradeable limit of the day. Ambuja Cements, ACC, and Adani Ports gained between 2% and 3%.

At 10:23 a.m. ET, the Dow Jones Industrial Average was down 57.09 points, or 0.17%, at 32,599.61, the S&P 500 was down 17.47 points, or 0.44%, at 3,952.68, and the Nasdaq Composite was down 58.62 points, or 0.51%, at 11,396.93.

"Power Grid stock is on the verge of a breakout from the consolidation phase and the volumes were high in Monday’s session which is an initial sign of a breakout," Ruchit Jain, Lead Research, 5paisa.com, said.

On Wednesday, after a span of eight sessions, the Sensex benchmark index closed in the positive territory, rising by roughly 449 points to 59,411. During this rebound rally, 8 stocks from the BSE 500 index touched new 52-week highs. This technical indicator of a stock's highest trading price in the last year is considered important by some traders and investors while analyzing its current worth and predicting future price movements

Softbank is the single largest public stakeholder in the logistics company, and held 18.42% stake as of December-end, through its entity Svf Doorbell (Cayman) Ltd. Prior to Delhivery’s IPO, Softbank had acquired over 22% stake in the company

The order came after Sebi conducted an thematic inspection of BOI AXA Mutual Fund for the period August 2018 to February 2019. It was done to verify the books of accounts, records and other documents pertaining to the mutual fund with respect to Inter Scheme Transfer (IST) and valuation of downgraded debt securities

Under the rule, monetary fines should be levied on brokers based on policy approved by MCSGF. However, in the instant case while no provision existed, in place of taking up the matter before MCSGFC for formulating policy, MCX imposed the penalty on its trading members under some other clause

Stock market benchmarks ended nearly 1% higher on Wednesday, halting their 8 days of decline, amid gains in Asian and European equity exchanges. Nifty at the close topped 17,450 levels, gaining 0.85%. Meanwhile, broader markets outperformed their headline peers and rallied over 1%. Sector-wise, all the indices ended in the green, with metal and PSU Bank emerging as the top gainers rising up to 4%“The Nifty index witnessed some buying momentum from the lower levels and managed to surpass the hurdle of 17,400 where a significant amount of call writing was visible. The broader trend remains bearish but since we are in an oversold territory, a minor pullback can be witnessed if the index sustains above 17,400. The index if it fails to surpass the level of 17,500 will again witness selling pressure,” said Rupak De, Senior Technical Analyst at LKP Securities, saidHere are stock recommendations for Thursday

The S&P 500 opened lower by 6.81 points, or 0.17%, at 3,963.34, while the Nasdaq Composite dropped 7.96 points, or 0.07%, to 11,447.58 at the opening bell.

Bajaj Finserv Asset Management Limited (BFAML) will be the investment manager of the MF business and Ganesh Mohan, who has been a part of Bajaj Finserv for 8 years as group head for corporate strategy, will lead the AMC as CEO.

The past trend shows that the markets were jittery a year before the elections in 2009, 2014, and 2019. The impact on the small cap index was more severe.

With a market cap of around Rs 10,795 crore and FY22 consolidated revenue of Rs 5,553 crore, Sonata generates over three-fourth of revenue from the domestic products licensing and related services and the remaining from the international IT services across verticals including travel, manufacturing, retail, healthcare, and banking, financial services and insurance

The addition of the contracts will also expand the NSE product offering in the energy basket and its overall commodity segment. Earlier, NSE had signed a data licensing agreement with CME Group for the launch of oil and natural gas derivatives on its platform

Credit growth for most banks was between 15 and 20%, driven by continued growth in consumer segments even as the corporate credit growth too saw a healthy improvement

Chart readers said the low of Tuesday at 17,255 could now be considered as a short-term bottom reversal for the market. However, the medium-term downtrend in Nifty remains intact, and the present upside bounce could be considered as a pullback rally of a bearish trend.

However, the brokerage remained Underweight in the Indian FMCG sector, given the rich valuation and high consensus earnings forecasts. "For most companies, our earnings estimates are below consensus, and we have further lowered them post 3QFY23 results," it said

Domestic sales of MH&ICV in February 2023, including trucks and buses, stood at 17,282 units, compared to 14,596 units in February 2022. Meanwhile, total sales for MH&ICV domestic & international business in February 2023, including trucks and buses, stood at 17,928 units compared to 16,306 units in February 2022

In the bull case scenario, the brokerage values Nifty at a 10-year average (20.8x) and arrives at a bull case target of 22,487 (23,015 at a 5% premium to LPA earlier). Whereas, bear case Nifty can trade at a 25% discount to LPA (20% earlier) with a target of 16,866 (17,533 earlier), it said.

Adani stocks bounce back from the recent lows and are recovering in today's trading session. As an investor, what should you do if you hold these group stocks? ET Now's kb bothra analyses

Nifty50 ended at 17,451, up 147 points or 0.85%

Closing Bell: Sensex snaps 8-day losing streak, ends 449 pts higher; Nifty tops 17,450; Adani Ent rallies 16%, Rain Industries 8%.

Besides, Commodity Participants Association of India (CPAI) has made a similar request to the exchanges. It has asked exchanges to either shift the trading holiday from March 7 to March 8 or declare both days as trading holidays.

"Some of them will be very successful and some of the companies are very unique. There are no me-too companies in that particular segment," said the value investor whose team has been meeting the management of new-age companies.

"Growth in revenue per order led to a higher revenue growth of 28% quarter-on-quarter. All of this growth has come without any expansion in our dark store footprint as evident from the increase in the GOV per dark store," the company had said earlier in a statement.

The credit line from the sovereign wealth fund could be upsized to $5 billion, said the two sources, citing a memo that was circulated to participants as highlights of a three-day investor roadshow ending on Wednesday.

Wall Street closed out February in a subdued fashion with each of the three major indexes ending with monthly losses, as investors continue to assess whether U.S. interest rates will remain high for an extended period

China's factory sector grew in February at the fastest pace in more than a decade, an outlier in Asia, where manufacturing growth stalled elsewhere

The stock price of Bosch hit a high of Rs 18,520 on 21 February 2023 but faced some selling pressure. On the quarterly charts, the stock is on verge of a breakout from a 95-month falling trend line. The neckline of the pattern was placed at Rs 17,800.

Vedanta Resources, the parent company of Vedanta, in a statement, said it has pre-paid all its maturities tii March 2023 and has deleveraged by $2 billion and hence achieved half of its debt reduction commitment in the first year itself.

Equity markets were muted throughout the month of February as investors turned cautious on expectations that central banks would stay hawkish for longer than expected. Benchmark indices have logged losses for the past eight straight sessions.

Policy initiatives by the government led to changes both in the actual working and perception of defence sector companies.Their order books are brimming, stocks have outperformed the broader market indices in the last one year and institutional interest has been growing in these companies.

Adani Enterprises, which was forced to call off its Rs 20,000 crore FPO last month in the wake of a stock rout following allegations made in the Hindenburg report, is still trading over 60% below its 52-week high price of Rs 4,189.55.

During the year ended December 31, 2022, the company incurred capital expenditures of $ 85 million, including expansion CAPEX for the vertical-shaft kiln project in Vizag, India, anhydrous carbon pellet project in the US, solar power plants in India and other maintenance projects across all locations.

“Nifty has fallen to 17300 levels and going forward 17000 levels will act as a crucial support as below that it will slide further till 16700 levels. On the upside 17800/18000 now remains a crucial resistance, hence the range is 17000-18000,” said Jay Thakkar, VP and head of alternate research at Sharekhan by BNP Paribas.

Startups' accounting standards have left several investors worried, are they missing out on the big picture of the co's path to profitability? Sanjeev Bikhchandani of Info Edge answers.

We have also looked at the CAGR of these stocks for a 10-year time period. Stocks with the CAGR of more than 15% form part of this selected list of stocks. While the past track record of stock movement is no guarantee of future returns, capital gains in markets are about probability. So, looking at the compounded annualized growth rate provides a valid sense about a stock to an investor.

Its price had made a double top in November 2022, but has been sliding down ever since. The price made a low in January at Rs 2,553 and tested it in February. After a consolidation of one-month, the price has given a minor consolidation breakout. The breakout is supported by a rise in volume.

India VIX moved up by 1.05% from 13.87 to 14.02 levels on Tuesday. Volatility has been slightly falling from the last three sessions with a little bounce in the previous session.On the weekly options front, the maximum Call OI is placed at 17,400 and then towards 17,500 strikes while the maximum Put OI is placed at 17,000 and then towards 17,300 strikes.

The global investment bank sees tailwinds for margins going forward. FY24 will also likely benefit due to the lower impact of the mega-deal ramp-up. Infosys is currently trading at ~23x 1-year consensus EPS. Infosys at a 12% discount to TCS.

The company has fixed March 2 as the record date for both the stock split and bonus issue, but later extended it by a day to March 3 as it said it needs at least a working five-day gap from the date of EGM.

After closing yesterday's session higher by over 14%, the stock rallied another 10% today to the day's high at Rs 1,500.45. The sharp rebound in the counter comes after non-stop selling for seven days.

Warren Buffett’s guru Benjamin Graham, best known for his book ‘The Intelligent Investor’, believed in focusing on real-life performance of the companies he owned and the dividends received, rather than on changing market sentiments. Based on the idea of Graham, a custom screen made by MarketSmith emphasizes securities that are cheap on a PE and price-to-book basis but still show signs of financial stability. It may be most effective in the later stages of bear markets when good companies' stock prices have been driven down to values under their intrinsic worth. Here are 4 stocks that match Graham's idea of stock picking, as listed on MarketSmith:

FIIs have raised stake in Aegis Logistics from 15.03% in March 2022 to 16.4% in December 2022. Similarly, MF ownership has also gone up from 2.02% to 3.10%. In the last one year, the stock has rewarded investors with 116% return.

Sensex rises 300 points, Nifty above 17,350; Adani stocks jump up to 7%; Indus Towers down 3%; Tata Steel, Vedanta , IDFC First Bank are some of the top movers in morning trade.

The Nifty50 index rose 103 points or 0.60% to 17,407, while the S&P BSE Sensex surged 346 points or 0.59% to 59,308, as of 9.22 am.

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 Bank of India and Bank of Baroda while Nooresh Merani has a buy/sell recommendation on GAIL and IEX for today's trading session. Check out the targets and stoploss.