Pursuant to the investigation, the regulator found Shah and Daga were the key persons responsible for devising the scheme that led to artificial volume creation in the scrip of MIFL through their manipulative, fraudulent and unfair trade practices.

According to the Bloomberg data, TVS Motor Company is ranked second with a stock return of 72% following 106% returns of Ford Otomotiv Sanayi, a Turkish unit of Ford, which holds 41% stake. Mahindra & Mahindra (M&M) and Eicher Motors ranked fourth and fifth with returns of 50% and 23%, respectively

ET Money Show: On the show today, Amit Kukreja of Amit Kukreja Advisory discusses the major highlights and learnings of the year regarding investments, markets, and finances.

The Dow Jones Industrial Average rose 145.72 points, or 0.44%, at the open to 33,021.43

The stock has attained the lower trendline support zone of the descending channel pattern on the daily chart near Rs 850 levels and witnessed a pullback with the bias improved and positive candle pattern to indicate a trend reversal and anticipating further rise in the coming days. The RSI indicator also has shown a trend reversal from the oversold zone to suggest further upward move and with upside potential visible, we expect the stock to carry on with the positive move.With the risk reward ratio favourable and chart looking good, a positional ‘buy’ is recommended on this stock for an upside target of Rs 965 keeping a stop loss of Rs 846.(Vaishali Parekh, Vice President - Technical Research, Prabhudas Lilladher)

Reliance Consumer Products will acquire 51% stake from the promoter and promoter group entities of the confectionary maker and make an open offer to the public shareholders to acquire an additional 26% stake

The company’s principle is: “Do what’s right for users.” “We've never set goals at Zerodha — be it user growth, revenues, or profits. The idea has been to get up every day, improve, & do what's right for users, knowing that we'll get to wherever we have to get to. The journey is a lot more fun this way," Nithin Kamath tweeted.

China's health system has been overwhelmed after the country reversed its lockdown and testing regimes earlier this month. The United States, India, Italy, Japan and Taiwan said they would require COVID-19 tests for travellers from China.

The benchmark index, Sensex, surged about 224 points to settle at 61,133 on Thursday. During this rally in the markets, four stocks from the BSE commodities index managed to record their 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 to analyse a stock's current value and to predict its future price movement.

The momentum indicator RSI (14) is in a bullish crossover. Chart readers said Nifty is placed at the edge of an upside breakout of the crucial hurdle at 18200 levels. “For Nifty the target is seen at 18221 and then on the upside, major hurdles will be at the 18,473 mark,” said Prashanth Tapse of Mehta Equities.

Domestic equity indices recouped early losses and closed with gains on Thursday on the monthly expiry day, led by gains in banking, financials, and IT stocks. The Nifty50 index closed 68 points or 0.38% higher at 18,191, while the S&P BSE Sensex rose 223 or 0.37% to 61,134. Meanwhile, broader markets underperformed the headline indices. Among sectoral indices, Nifty Private Bank and Nifty Metal outperformed with gains of over 1%, while Nifty Media and Nifty FMCG ended lower.Here are the stocks that remained in focus today:

Tesla has tumbled more than 42% in December alone, driving it to a loss of 68% this year — marking a radical about face for a stock that surged during the low-rate era of the pandemic.It’s a rare victory for the shorts, whose 89% return comes after several years of significant losses, S3’s Ihor Dusaniwsky said. About 2.9% of Tesla’s free float is held short, according to S3 data.

This stock recently touched its 52-week low and in the last 15 years, only 1.11% of trading sessions saw intraday gains higher than 5%. “It is so boringly safe that nobody loves it,” said Sekhar.

From the Sensex pack, Bharti Airtel, SBI, Axis Bank and Tata Steel were the top gainers, rising about 1.5-2%. ICICI Bank, IndusInd Bank, Sun Pharma, M&M and Wipro also closed with gains

Closing Bell: Sensex rebounds over 650 pts from day's low, ends 224 pts higher; Nifty above 18,150; Nykaa jumps 5%, Airtel 2%

As many as 10 stocks from Tata Group stable have outperformed benchmark index Sensex in 2022 with 4.5% returns. The likes of Oriental Hotels, The Indian Hotels Company, Tata Investment Corporation, and Benares Hotels, among the top performers, have gained over 50% but group major TCS was down about 13% in 2022.The group’s overall market cap was down about 9% to Rs 21,11,405 crore. Take a look at how its selected major and top performers have contributed to the Tata group. The last slide shows a list of top 10 gainers and losers.

Dalal Street veteran Shankar Sharma's pre-IPO bet on a small drone start-up, that was listed on the BSE SME last Friday, has earned him over 140% profit from his initial investment of Rs 2.45 crore. Along with him, Bollywood stars Aamir Khan and Ranbir Kapoor have also more than doubled their money in DroneAcharya Aerial.

In 2022, the Indian market outperformed other global and emerging markets by a notable margin, primarily driven by the country’s robust economic outlook despite multiple headwinds it faced, such as the Russia-Ukraine geopolitical crisis, policy tightening, rising inflation, and volatile FII flows.For the year 2023, after factoring in all economic and market developments, domestic brokerage firm Axis Securities presents 9 stock ideas from 6 golden themes such as banking & Financials, Rural recovery, Capital expenditure, Home improvement, Pharma sector, and High-quality retail play.

Apart from credit growth and refinancing, the market condition is conducive, if you look at the long-term rates for bonds," said Soumyajit Niyogi, director, core Analytical Group at India Ratings and Research. "So they are beefing up capital.Indian state-run and private banks raised an aggregate of 611.94 billion rupees ($7.39 billion) in October-December, more than double the 301.34 billion rupees raised in July-September, according to data compiled by Reuters.

This stock recently touched its 52-week low and in the last 15 years, only 1.11% of trading sessions saw intraday gains higher than 5%. “It is so boringly safe that nobody loves it,” said Sekhar.

After a brief jump this week, global markets are nervous about Beijing's move to further relax COVID curbs as surging infections in China dimmed hopes of a swift recovery in the world's second-largest economy.China-exposed luxury firms such as LVMH and Richemont weighed on the European index in early trading.Energy stocks fell 0.6%, while miners dipped 0.3%, tracking weakness in commodity prices.

Who were the biggest newsmakers of the year? And, which news stories made headlines? Rewind 2022 with ET Now's Ayesha Faridi and Nikunj Dalmia.

While markets are volatile, power utilities companies are making a comeback on the buy list of analysts . The companies in the list are covered by a minimum count of 3 and maximum by 21 analysts. The reason for having a minimum count of analysts for a particular sector is because higher coverage by analysts indicates higher institutional interest in individual stock. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.

Despite strong global headwinds roiling financial markets worldwide this year, the domestic equity market stood strong as a stellar performance of bluechips saw the 30-share Sensex soaring nearly 13,000 points to its all-time high of 63,583.07 on December 1, in less than six months after touching its 52-week low of 50,921.22 points on June 17.

Since the Bank of Japan (BOJ) tweaked its ultra-low rate policy, the trend of Japanese shares changed. Until then, the market was supported by the central bank's loose monetary policy

A private sector bank, which is making an attempt to come back in out performance mode once again to a real estate player focussed on western Indian markets. Select stocks have seen their scores getting improved in a market which was volatile. 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.

After hitting the major support third time at Rs 20 levels in March 2020 (1st time in the 31.12.08 quarter and 2nd time in the 30.09.13 quarter), the stock witnessed its 1st leg of up move with a swing high in place at Rs 73.70 levels.

Measures for Indonesia, India and Singapore are closing on Brazil’s Ibovespa Index, which has climbed 5.2% in local currency terms, according to data of major stock benchmarks compiled by Bloomberg.

A strong rebound in demand for automobiles, the government’s production linked incentive scheme to boost local manufacturing across several industries, including automobile and defence, and a shift in global sourcing from China and Europe turned in favour of the company.

“The board has approved the transfer of stressed loan portfolio including written-off loans of Rs 323.08 crore outstanding as on September 30, 2022, to an asset reconstruction company pursuant to Swiss Challenge Method for a consideration of Rs 95 crore,” Spandana Sphoorty said in a BSE filing.

He is survived by his wife, Rekha Jhunjhunwala, and three children. Rekha has been an investor in several RJ companies, and the Jhunjhunwala portfolio value includes the value of Rekha’s holdings as well.

At an index level, the midcap segment might be ending the year 2022 almost flat. But if one looks at the intra year movement of midcap index and more particularly breadth in the midcap segment, it throws a very different picture. Probably 2022 would go down as one of the most volatile years for mid-caps. The year started on a weak note, to add to the problem was the sharp jolt which it suffered when the Russia and Ukraine war started. Then came the wave of selling which they witnessed in the middle of the year. Will 2023 be different, or would it follow the same pattern?

Investec has initiated a fast buy rating on Ambuja Cement as it expects incremental disclosures on synergy and scale ambitions. "Our forecasts bake in lower synergy quantum, longer time frame on realization of synergies and thereby we have assigned higher multiples with TP of Rs752/share.

Domestic equity markets are poised for more volatility in a holiday-truncated week which is going to have only three trading sessions. However, there is no dearth of stocks signaling breakouts on a technical basis. Traders can take the advantage of that and ride the momentum. Here are a few stocks that according to experts, may deliver strong short-term returns:

After more than doubling for two consecutive years in 2020 and 2021, shares of speciality chemical player Jyoti Resins & Adhesives have gone up 3 times in 2022. Since last year, the stock has been rising continuously with higher highs and higher lows. On the weekly chart, the smallcap stock has not faced any major profit booking after 2021.

US stocks finished sharply lower on Wednesday, as investors assessed economic data on the housing market amid concerns over rising interest rates and economic growth in 2023. US stocks fell for a second day on concerns that the end of China’s zero-Covid policy could lead to a rise in cases around the world.

“Volatility is likely to be the hallmark for the day as traders roll over December F&O contracts to January,” Prashanth Tapse - Senior VP (Research), Mehta Equities said.

Indian shares opened lower on Thursday, tracking a slide in global equities, as investors fretted over the surge in COVID cases in China. The Nifty 50 index was down 0.38% at 18,051.40, as of 09:18 a.m. IST, and the S&P BSE Sensex fell 0.41% to 60,655.13. Most of the major sectoral indexes declined, with information technology, auto, oil and gas, and metals shedding over 0.5%.

Incorporated in 2017, KFin Technologies is a leading technology-driven financial services platform providing comprehensive services and solutions to the capital markets ecosystem.

The markets kept on oscillating in a narrow range on Wednesday, ending the day with a small loss. Some stocks, which were underperforming the markets, are now showing signs of reversal.

The board of the company will meet to consider and approve the proposal for issuance of non-convertible debentures by way of private placement in one or more tranches.

Nomura analysts said in a note that there could be significant waves of infection across China, spreading from urban to rural areas, during the nationwide travel rush for the Lunar New Year which falls on Jan. 22.

The farming sector is expected to have a good 2022-23 rabi season because of healthy monsoons. Also, hopes that the GOI may announce incentives for the agri sector in the Union Budget added momentum to RCF.

ET Now spoke to various experts and here's what they have to recommend for today's trading session. Nooresh Merani has a buy/sell recommendation on NTPC and M&M Finance while Kunal Bothra has a buy/sell recommendation on ICICI Bank and LIC Housing Finance for today's trading session. Check out the targets and stoploss.

This stock crashed to almost 18% in two months from its top of Rs.62 on 31st August to Rs.43.10 in the week ending December 23. The crash came after a rise of almost 90 – 100% in the latter half of 2022. It has recovered and completed a pullback, and the oscillator and volumes are showing strength, though the price is yet to give a breakout.

The SGX Nifty 50 December futures is pointing to a slightly negative start for domestic equities on Thursday. However, trade is expected to be subdued due to lower participation by foreign investors amid year-end holidays. But here are some stocks which are expected to see some action in trade today.

New-age companies raised $24 billion across all stages as of Dec 28 compared with $35.4 billion in 2021

When Tesla's stock begins to tick upwards there should be a flurry of short covering ... as shorter-term short sellers look to realize their outsized mark-to-market profits before they evaporate," said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners.

The “SEBI needs to move faster, and strengthen its investigation mechanism,” said Harish Kumar, a partner at Luthra and Luthra Law Offices India. Inability to ensure compliance can result in erosion of shareholder wealth and faith in the market.

While recent data pointing to an easing in inflationary pressures has bolstered hopes of smaller interest rate hikes by the Federal Reserve, a tight labor market and resilient American economy have spurred worries that rates could stay higher for longer.