US stock indexes ended lower on Thursday, erasing earlier gains as Treasury yields rose after an auction of 30-year bonds went poorly and overshadowed strong earnings from corporate giants like Disney and PepsiCo.

MSCI said it had reduced the free floats of Adani Enterprises, Adani Total Gas, Adani Transmission and the Associated Cement Companies, the report said.

Adani Enterprises slid 11% to close at ₹1,925.70 and Ambuja Cements declined 7% to ₹357.80. Five stocks - Adani Green Energy, Adani Total Gas, Adani Power, Adani Transmission and NDTV - hit a 5% lower circuit barrier. Adani Wilmar gained 5% to close at ₹439.70, while ACC declined 3% to ₹1,916. "This MSCI move may result in likely weight reductions," said Abhilash Pagaria, head, Nuvama Alternative and Quantitative Research.

The private banking stock hit a 52-week high of Rs 1,721 on April 4, 2022, but failed to hold on to the momentum. The stock recouped some losses after hitting a low of Rs 1,271 on June 17, 2022

At 10:11 a.m. ET, the Dow Jones Industrial Average was up 242.31 points, or 0.71%, at 34,191.32, the S&P 500 was up 29.97 points, or 0.73%, at 4,147.83, and the Nasdaq Composite was up 131.96 points, or 1.11%, at 12,042.48.

The benchmark index Sensex closed higher by about 142 points to 60,806 on Thursday. During this rally, 4 stocks from the BSE 200 index managed to touch new 52-week highsThe 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.

In view of the difficulties posed to first-time issuers, Sebi has asked stock exchanges to take an undertaking from such issuers that they will ensure that their AoA are amended within a period of six months from the date of the listing of the debt securities.

"We believe the current chart setups bring back the leadership mantle to HDFC Bank after over 2 years. We are bullish on the same for targets of Rs. 1,800/2,000 in the next 6 months and upwards of Rs. 2,200 in the long term (12-18 months)," Rahul Sharma, Director, Head- Technical & Derivative Research, JM Financial Services Ltd, said.

The benchmark index Sensex closed higher by about 142 points to 60,806 on Thursday. During this rally, 4 stocks from the BSE 200 index managed to touch new 52-week highsThe 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.

The flagship company of Mahindra Group will release its earnings for the third quarter on Friday. Standalone revenue for the December quarter is seen rising 41% on-year to Rs 21,474 crore, according to the average of 8 brokerage estimates

LIC had earlier said its total; exposure to Adani Group companies is 0.975% of its total assets under management (AUM) at book value. LIC's total holding in Adani Group of companies under equity and debt is Rs 35,917.31 crore as on December-end

After declining in the first half, Indian benchmark indices eked gains in the second half and closed higher on Thursday. The S&P BSE Sensex ended 142 points higher at 60,806, while its broader peer Nifty 50 ended just below the 18,900 level"Following a weak start, Nifty recovered smartly by the end of the session. So far, the index has been able to protect 17,800 on a closing basis. On the lower end, support is placed at 17,650. The resistance on the higher end is pegged at 18,000/18,200," said Rupak De, Senior Technical Analyst at LKP SecuritiesHere are 6 stock recommendations for Friday:

Promoters, led by Ravikant Jaipuria cumulatively hold 63.90% stake in Varun Beverages, the second largest bottling company for Pepsico’s beverages

The Dow Jones Industrial Average rose 156.60 points, or 0.46%, at the open to 34,105.61

The FII to DII ownership ratio also declined to an all-time low of 1.32 as on December 31, 2022, down marginally from 1.33 as on September 30, 2022. Over a 13-year period (since June 2009), FII share has increased from 16.02 per cent to 20.18 per cent while DII share has increased from 11.38 per cent to 15.32 per cent," PRIME Database said

Kamath, who is known to share stock market educational content and learnings on social media platforms, took to Twitter to put out an article titled "Big Data is dead.

CDSL is India’s leading and only listed depository. It received its certificate of commencement of business from Sebi in February 1999 and it facilitates holding and transacting in securities in the electronic form and facilitates settlement of trades on stock exchanges

This was despite the sharp correction in equities last month, when benchmark Nifty50 shed over 2%. The 2.5% fall in India’s heartbeat index in January follows an over 3% correction seen in December.Equity mutual funds saw total inflows of Rs 12,546.5 crore in January, way higher than Rs 7,303.4 crore in December, data released by the Association of Mutual Funds in India (AMFI) showed

These developments are positive for the company’s India listed stock, which has gained nearly 30% in the past three months. However, it trades at a significant discount to other multi-national companies of similar size such as ESAB India, Grindwell Norton and Linde India which cater to the manufacturing sector.

The daily momentum indicator has a positive crossover which is a buy signal. Thus, both price and momentum indicators are suggesting further upside in the index

For the quarter ended December 2022, the company posted a net profit of Rs 3.85 crore against a net loss of Rs 8.81 crore for the same period in FY22. Its total income for Q3FY23 stood at Rs 133.11 crore compared to Rs 102.84 crore during the period ended December 31, 2022

Citing the impact from restructuring charges and its exit from non-core businesses, Credit Suisse said in a statement that it .would also expect the group to report a substantial loss before taxes in 2023

From the Sensex pack, Bajaj Finserv, Asian Paints, IndusInd Bank, Infosys, and Bajaj Finance rose 1.5-2.5% each. L&T, TCS, Tech Mahindra, Wipro, and Power Grid also closed in the green.

On the domestic equity market front, the 30-share BSE Sensex advanced 142.43 points or 0.23 per cent to end at 60,806.22, while the broader NSE Nifty rose 21.75 points or 0.12 per cent to 17,893.45.

At the end of 2022, the Norwegian fund held shares in Adani Green Energy worth $52.7 million, a stake in Adani Total Gas worth $83.6 million and ownership in Adani Ports & Special Economic Zone worth $63.4 million.

"We remain structurally positive on Indian telecom and Bharti given the consolidation in the sector, which may lead to regular tariff hikes. Maintain buy at SOTP-based PT of Rs 1,009 (Rs 1,039 earlier) as we increase lease debt, but increase India mobile multiple to 8.5x (7.8x earlier)," Prabhudas said.

Other income during the quarter rose marginally at Rs 71 crore as against Rs 69 crore in the previous year period. The company's total income rose 15% year-on-year to Rs 5,716 crore for the December quarter. The same was Rs 4,989 crore in the same quarter of last year

After getting hammered for the past one week, Adani Group stocks made a recovery for the past few days after the promoters soothed investor nerves by prepaying loans worth $1.11 billion. Although, the latest MSCI announcement spoiled the bullish sentiment.

These models, such as GPT-3, are able to analyze vast amounts of data and generate natural language text, making them well-suited for tasks such as market analysis, portfolio management, and even trading.

FM Nirmala Sitharam in her budget speech announced that the credit guarantee scheme for MSMEs will be increased by Rs 9,000 crore, which will provide an additional collateral-free loan of Rs 2 lakh to MSMEs. The government also increased capex outlay to facilitate credit and other new schemes such as the Pradhan Mantri Awas Yojana. After the announcement in Budget 2023, various brokerages believe that these schemes will benefit the banking sector. Here is a list of 8 bank stocks that are in focus after Budget 2023 announcements:

After getting hammered for the past one week, Adani Group stocks made a recovery for the past few days after the promoters soothed investor nerves by prepaying loans worth $1.11 billion. Although, the latest MSCI announcement spoiled the bullish sentiment.

Although the stock trades below both 50 and 200-DMA on the daily charts, high-risk investors can look to buy the stock as it still remains the top buy in the specialty chemical industry space, suggest experts.

The stock price started its upmove from Rs 251 (October 2020) to Rs 1,029 (January 2022), making a series of higher bottoms and higher tops. During the move the stock continuously traded above the averages,” Bharat Gala, President - Technical Research, Ventura Securities.

Shares of PB Fintech, which runs Policybazaar, rose 6% at Rs 510, a day ahead of the release of its December quarter earnings. Zomato, which is scheduled to announce its Q3 numbers later in the day, rallied up to 4.6% to the day's high at Rs 56.75

Google has been on its heels after OpenAI, a startup Microsoft is backing with around $10 billion, introduced software in November that has wowed consumers and become a fixation in Silicon Valley circles for its surprisingly accurate and well-written answers to simple prompts.

Adani, whose fortunes had risen rapidly in recent years, also unexpectedly announced the withdrawal of its Rs 20,000-crore follow-on public offer (FPO), which had been successfully completed the day before. Investor mood was further jolted after the share sale was called off.

Google has been on its heels after OpenAI, a startup Microsoft is backing with around $10 billion, introduced software in November that has wowed consumers and become a fixation in Silicon Valley circles for its surprisingly accurate and well-written answers to simple prompts.

The persistence of the core inflation needs to be broken but without derailing the economic growth, hence the more moderate 25 bps hike that leaves some room to weigh the upcoming data from the last quarter for further action.

​"The officials did not find any irregularities in the operations and dealings conducted by the company. We would like to clarify that the concerns specific to GST payments in cash, citing GST law under Rule 86B, the company is not required to pay a tax liability in cash," a spokesperson of Adani Wilmar said in a statement.

The consensus recommendation from 22 analysts for the stock is a Hold. Out of the 22 analysts covering the stock, 12 have strong buy and buy ratings, five have strong sell and sell ratings, and five have hold ratings.

As more and more people start to put a part of their savings in financial assets, the asset management companies (AMC) have seen their business growing at a secular rate. This is not to say that business has not seen challenging times. There have been times when a large group was not able to pay its debt on time, many AMC’s were left wondering what to do, should they pay from their own pocket or make their unit holder suffer. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".

Bonds of Adani Ports & Special Economic Zone Ltd., Adani Electricity Mumbai Ltd. and Adani Transmission Ltd. are backed by hard assets and strong cash flows verifiable by third parties, investors said. The latter two operate in regulated industries.

Google has been on its heels after OpenAI, a startup Microsoft is backing with around $10 billion, introduced software in November that has wowed consumers and become a fixation in Silicon Valley circles for its surprisingly accurate and well-written answers to simple prompts.

As volatility increases, the focus in the market is shifting to stocks which are considered as relatively defensive. These stocks tend to fall less in bearish or volatile conditions. These companies have shown an improvement in their score at a time when analysts are revisiting their estimate as local and global issues are hitting stock markets and are witnessing a reset. 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.

Nifty now trades at 18.5x 1-yr forward PE or a 7% premium to 10-year avg. and valuation gap vs China is also now back to the 10-year avg. This makes us more optimistic on the market outlook," it said, adding that the trends were positive in the Budget and Q3 earnings.

Trent recently entered into a joint venture with MAS Group, Sri Lanka. Over time, Trent and MAS would pool their domain expertise to undertake design, development, and manufacturing of a range of intimate wear and other apparel products.

Many long term investors have been busy cherry-picking high quality names among IT stocks after they were hammered on fears related to recession, margin compression and deal wins. Mphasis, Tech Mahindra, Wipro, LTTS and LTIMindtree are still down at least 30% from their 52-week high levels.

Shares of PSU banks have given stellar returns in 2022, with some of them even turning multibaggers. A significant improvement in earnings due to major clean up of balance sheet and strong credit growth has driven the outperformance of stocks.

Axis Capital maintained its buy rating on Piramal Enterprises with a target of Rs 1100. One-off items boosted PAT, and retail disbursements are on track. Retail disbursements are on a strong footing. New book growth is steady, and it looks like PEL is going on through a transformational stage, said the note.

Changes for Adani securities associated with its MSCI Global Investable Market Indexes are due to be announced later on Thursday as part of its regular review for February, it added.