Foreign funds' bearish bets on index futures, including Nifty contracts, have increased to 85% of their overall positions in the derivatives segment - the highest level since September 2022. Half these punts have been added in the past two weeks - around the time the Hindenburg Research's adverse report on Adani Group companies was released on January 24.

Traders are speculating that the central bank would push the benchmark rate to 5.1% in June, levels that policymakers have backed vociferously

The viral success of ChatGPT has turned the spotlight on AI on Wall Street, reminiscent of the blockchain hype from a few years ago when shares of companies remotely associated with the technology surged

“Within the financial pack, M&M Finance is among the top performing names as it has been maintaining a positive tone since June 2020,” Ajit Mishra, VP - Technical Research, Religare Broking Ltd., said.

The Australian dollar earlier bolted higher after its central bank reiterated further increases would be needed, while the yen gained after an unusually strong Japanese wage data

The volatility gauge ending lower in trade is another indication that traders haven’t taken any aggressive bets in the run-up to the policy. India VIX, often termed as the ‘fear gauge’, ended nearly 4% down at 14.1250 points

Two-wheeler maker Hero MotoCorp on Tuesday reported a 2.41 percent rise in consolidated net profit at Rs 721.24 crore in the third quarter that ended December 31, 2022. The company had posted a consolidated net profit of Rs 704.24 crore in the same quarter last fiscal, Hero MotoCorp said in a regulatory filing.

Virtue of spending meticulously, in pockets which provide maximum multiplier is something the FM has shown in Budget 2023, just like the careful spending towards pandemic led stimulus a couple of years back. Even while checking all the right boxes, we have reduced our fiscal deficit

The board, at its meeting today, approved allotment of 16,133,184,899 equity shares of face value of Rs 10 each at an issue price of Rs 10 per share, aggregating Rs 161,331,848,990 to the Department of Investment & Public Asset Management, Government of India (acting through President of India),” Vi said in BSE filing late Tuesday evening

The volatility gauge ending lower in trade is another indication that traders haven’t taken any aggressive bets in the run-up to the policy. India VIX, often termed as the ‘fear gauge’, ended nearly 4% down at 14.1250 points

The Dow Jones Industrial Average fell 121.24 points, or 0.36%, at the open to 33,769.78

The government cleared conversion of Rs 16,133 crore interest dues of debt-ridden Vodafone Idea into equity after receiving a firm commitment from Aditya Birla Group to run the company and bring necessary investment

Adani Green Energy's consolidated net profit more than doubled to Rs 103 crore in the December quarter, mainly on the back of higher revenues. The consolidated net profit of the company was at Rs 49 crore in the year-ago period, according to a BSE filing on Tuesday. Total income in the third quarter of the current fiscal rose to Rs 2,258 crore from Rs 1,471 crore in the same period a year ago.

Indian indices ended lower for the second straight day on Tuesday following weak global cues. Nifty ended below 17,750. The broader markets, however, performed relatively better. Adani Enterprises, Dr Reddy’s Laboratories, Kotak Mahindra and Adani Ports were the top gainers from the Nifty pack, while losers included Tata Steel, Hindalco, ITC and Sun Pharma.“Nifty index faces stiff resistance around the 17,800-17,850 zone where aggressive call writing is visible. The index needs to surpass this level on a closing basis to witness a short-covering move toward the 18,200 level. The support on the lower end is at the 17,600 level and if breached will lead to a further correction towards 17,450-17,400 levels,” said Rupak De, Senior Technical Analyst at LKP Securities Here are stock recommendations for Wednesday:

The benchmark index Sensex closed lower by about 220 points to 60,286 on Tuesday. Despite this fall, 6 stocks from the BSE 500 index managed to touch 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.

Along with the divestment decision, the board has also approved and released third quarter results of BSE. The company's consolidated net profit fell 15% to Rs 52 crore in the three months ended December period, compared with Rs 61 crore in the corresponding period of last year

An ECB survey on Tuesday showed euro zone inflation expectations were still edging up at the end of last year, while Fed Minneapolis President Neel Kashkari was out saying he still thought U.S. rates should rise to at least 5.4% from their current 4.5%-4.75% range

The company's stock came under heavy selling pressure in November last year, when the lock-in period for pre-IPO investors ended. Nykaa sought to limit the damage by announcing a bonus issue, but the move failed to persuade investors to stay put. The shares have lost over 50% in the last one year period

A company issues bonus shares for their shareholders to increase the liquidity of the stock as well as with the aim to decrease its stock price to make it affordable for investors

The fund which has raised $5.2 billion is Goldman Sachs’ inaugural direct private markets fund dedicated to investing in high-growth businesses with strong market positioning, high growth rates and durable business models, the release said

The total purchase value of equity, purchased over the last many years, under all the Adani group companies is Rs 30,127 crore and the market value for the same as at close of market hours on January 27, 2023, was Rs 56,142 crore, as per LIC.

Hindustan Zinc remains under pressure after the reports said that the government has opposed the sale of Vedanta's international zinc assets sale. ET NOW's Ashesha Adhvaryu joins in to take us through the timeline of events and their implications.

As Nifty formed a lower top for the second consecutive day, chart readers said 17,870 – 17,854 could be the trading range for the Nifty in the near term.Options data suggests a broader trading range between 17400-18200 zones, while an immediate trading range between 17600-17900 zones.

Sensex falls for 2nd day, down 221 points; Nifty below 17,750; Adani Ent rallies 15%, Gland Pharma 12%;Adani Enterprises, Varun Beverages, DCB Bank are some of the top gainers in closing trade.

The timing of a potential launch comes with challenges. Spotify Technology SA unveiled plans in January to cut about 6% of its workforce, or around 600 employees, due to diminished advertising revenue and a shaky economic outlook. Walt Disney Co., meantime, announced targeted hiring freezes and job cuts in November.

The capital markets watchdog, the Securities and Exchange Board of India (Sebi), has also been facing criticism from some opposition leaders that it has not intervened in the matter

It said even under a hypothetical scenario, where the wider Adani Group enters distress, exposure for Indian banks should, in itself, be manageable without adverse consequences on the banks’ viability ratings.

IRB Infrastructure Developers is India’s first multinational infrastructure player in the highways segment. As the integrated private toll roads and highways infrastructure developer in India, IRB has an asset base of over Rs 60,000 crore in 10 states across the parent company and two InvITs

From the Sensex pack, Tata Steel was the worst performer, declining 5.5%. ITC, Maruti, HCL Tech, Tata Motors and Sun Pharma also closed with losses

As NIFTY gets even more volatile, there are some sectors which are traditionally considered defensive and they tend to get attention when market breadth is also getting bearish in volatile mode. Amongst others, pharma is one of them. Even during this period, many mid-cap stocks from different sectors which have seen improvement in their scores and their prices have also been in positive territory. We have taken 5 pharma stocks from mid-cap space, which witnessed an improvement in their scores. A score improvement coming in a volatile earning season along with the fact that valuations are still very high on an over basis is something worth looking into. 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.

As the market witnesses volatile movement there are few large cap stocks which are still finding favor with analysts. After the recent correction, even long term wealth creators like SRF have come into the list as the upside potential in them comes close to algorithm fixed minimum target price. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". The screener applies different algorithms for all BSE and NSE stocks. This predefined screener is only available to ET Prime users.

The government has been focussing on specific industries which don't come under agriculture but still are very important for both increasing the income of marginalised sections in coastal and rural areas. All these efforts will have an impact on the bottomline on companies which are directly or indirectly part of this whole supply chain of fisheries, poultry and related industries. We take a look at 4 such companies and what analyst rating are for them.

"I will not buy for a moment anyone saying Indian governance or the regulatory mechanisms are not good enough. In fact, in very many areas, we seem to be leading the way in terms of good governance," Sitharaman said, adding that Indian regulators are well-seized of what they have to do and they will do the needful where and when necessary

Shares of Adani Group companies, including Adani Ports have been under pressure following a report by Hindenburg that alleged stock manipulation and fraud. The scathing attack on the group has questioned its debt levels and use of tax havens.

ITC shares were a star performer in 2022, having gained more than 52% as the outlook for all the business segments improved significantly, and the management also provided clarity on capital allocation towards businesses.

ITC shares were a star performer in 2022, having gained more than 52% as the outlook for all the business segments improved significantly, and the management also provided clarity on capital allocation towards businesses.

While market participants remain slightly divided between a pause and a 25 bps hike in the upcoming policy, there seems a clear consensus that the monetary policy will signal an end of the rate hiking cycle. However, we remain cautious on the possibility of dovish forward guidance just yet

The current interest rates were appealing. Based on the plans that he had made a few years ago, it appeared that the income at current interest rates on his savings would enable him to meet his monthly income needs or maybe leave a little surplus.

The Nifty stock had crashed 35% in Friday's selloff to hit the lower circuit at Rs 1,017, which is also the 52-week low. As investor confidence returned amid buying at lower levels and positive newsflow, shares of Adani Enterprises rallied up to 25% on Tuesday to the day's high of Rs 1,965.50.

The Nifty50 is trading in a broader range of 17,900 to 17,300 levels. But, in the range bound market, some indices like the auto and IT sector are outperforming and energy and chemical sectors are underperforming.

With a capital outlay of Rs 2.4 lakh crore for railways, Rs 5.94 lakh crore for defence and a total capital expenditure outlay of Rs 10 lakh crore, the brokerage firm William O'Neil believes that sectors such as railways, defence and power will remain in focus for the fiscal year 2023-24. According to the brokerage firm, stocks like IRCTC, Rail Vikas Nigam, HAL and Power Grid will benefit the most from Budget 2023. Here is a list of 8 PSU stocks that are in focus after Budget announcements:

ITC shares were a star performer in 2022, having gained more than 52% as the outlook for all the business segments improved significantly, and the management also provided clarity on capital allocation towards businesses.

Shares of digital payments service provider Paytm hit the upper circuit of 20% to Rs 669.6 in Tuesday's trade on BSE after the fintech firm posted its first-ever quarterly operating profit three quarters ahead of guidance and also as the company's losses narrowed during the third quarter of the current fiscal. The payment gateway services provider reported a consolidated net loss of Rs 392 crore for the quarter ended December 2022. The net loss has narrowed from Rs 779 crore a year ago.

The government has been focussing on specific industries which don't come under agriculture but still are very important for both increasing the income of marginalised sections in coastal and rural areas. All these efforts will have an impact on the bottomline on companies which are directly or indirectly part of this whole supply chain of fisheries, poultry and related industries. We take a look at 4 such companies and what analyst rating are for them.

Paytm parent’s consolidated revenue from operations increased by 42% year-on-year (YoY) to 2,062 crore, driven by an increase in merchant subscription revenues, growth in loan distribution and momentum in the commerce business.

For the India business, the company has reported a profit of Rs 1,918 crore with a revenue of Rs 32,325 crore for the period under review. India deliveries stood at 4.74 million tonnes, and were up 7% YoY, primarily driven by 11% growth in domestic deliveries, which has also enabled an improvement in product mix.

As the market witnesses volatile movement there are few large cap stocks which are still finding favor with analysts. After the recent correction, even long term wealth creators like SRF have come into the list as the upside potential in them comes close to algorithm fixed minimum target price. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". The screener applies different algorithms for all BSE and NSE stocks. This predefined screener is only available to ET Prime users.

Adani, whose business interest includes ports, power generation and transmission, and renewable energy, has a total notional value of $7.7 billion in the JPMorgan's CEMBI and JACI indexes, the bank said on Monday.

As of December 2022, the total FII ownership in Reliance Industries stood at 23.48%, and for six quarters in a row, this investor community has reduced its holdings.

JPMorgan maintained an overweight rating on Tata Steel with a target price of Rs 140. “Large PAT loss was driven by inventory NRV hit in Europe,” JPMorgan said.