Motilal Oswal said operating performance was in line with expectations and that "royalty increase was not a concern". Recovery in rural demand and commodity cost reductions will help HUL get back to the mid-to-high teens earnings growth trajectory that it exhibited for the four years before Covid, the brokerage firm said.

The company had said if it were to participate in the bid process, the final composition of the bidding consortium would be different, and that a security clearance on the existing firm would not remain relevant, the sources said.

At 10:06 a.m. ET the Dow Jones Industrial Average was down 38.06 points, or 0.12%, at 33,006.50, the S&P 500 was up 16.07 points, or 0.41%, at 3,914.92, and the Nasdaq Composite was up 106.38 points, or 0.98%, at 10,958.65

Deutsche Bank's investment banking bonus pool will decline by somewhat less than 10% this year, a person with knowledge of the matter said on Friday.

Benchmark index Sensex slipped about 236 points to 60,621 on Friday. Despite the fall in the markets, 7 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.

The Dow Jones Industrial Average rose 28.90 points, or 0.09%, at the open to 33,073.46

The overall weakness in the market and caution ahead of earnings pulled down the stock in trade on Friday. The stock ended 1.2% down at Rs 2,442.65 on the National Stock Exchange.

Vault manager is regulated as a Sebi intermediary for providing vaulting services meant for gold deposited to create electronic gold receipts (EGRs). The obligations of the vault manager include accepting deposits, storage and safekeeping of gold, creation as well as withdrawal of EGR, grievance redressal and periodic reconciliation of physical gold with the records of depository.

"The Union Budget is likely to largely continue with the growth impetus that the last couple of Budgets have laid, by focusing on ‘quality’ expenditure and increase in CAPEX outlays, while also providing the necessary support and environment to promote domestic manufacturing"

Indicators like the RSI and MACD are weakening and trading sideways, indicating that the current weakness will persist unless there is a sharp move on either side. Options data suggests a trading range between 17800-18350 zones, while an immediate trading range between 17900-18200 zones.

Bearish Engulfing is one of the important bearish reversal patterns. It appears after an uptrend. It's a two candlestick pattern. Learn the the basics of technical analysis on special edition of BNSN Pathshala with Kunal Bothra.

The BSE Sensex index ended 237 points or 0.39% lower at 60,662, while Nifty50 fell 80 points or 0.44% to settle at 18,027

The net interest income of the bank for the quarter ended 31st December 2022 grew by 20.26% to Rs 8,628 crore from Rs 7,174 crore for the quarter ended 31st December 2021. Its net interest margin or NIM rose to 3.21% during the December 2022 quarter, higher by 21 bps year-on-year (YoY) and 6 bps quarter-on-quarter (QoQ).

Closing Bell: Sensex falls for 2nd day, down 237 points; Nifty below 18,050; TVS Motor, Havells shed 4% each

Today, with the use of technology and the overall ongoing transparency in data from the government, a lot of critical numbers can be broadly estimated even before the Budget is presented

​"The board approved the proposal of buyback of fully paid-up equity shares having a face value of Rs 10 each of the company at a price not exceeding Rs 1,200 per equity share and for an aggregate amount not exceeding Rs 21 crore via the open market route," the company said in a filing.

A key positive would be a much-needed increase in FDI limits for PSU banks from the current 20%, which will help set the stage for potentially mobilising a large divestment pool, while also being aligned with intended reforms in the sector.

Axis Securities is positive on KNR Constructions, PNC Infratech, RITES, KEC International, and PSP Projects to do well among infra stocks. These stocks have given returns in the range of 2.35-12.63% so far this year on a year-to-date (YTD) basis. KEC International has offered negative 1.52% returns this year.

Moreover, low cost and technological upgradation of trading infra are the key drivers of growth. Everyone is focusing on technology and leading players have been seen advancing both their back-end and front-end with the latest technologies, the survey noted.

Business biographies are one of the best resources for reading between the lines about any business. If we are motivated analysts and want to get a good sense of what happened in a business, studying the numbers & reading the biography of that business can give us a lot of additional contexts.

The regulator will canvass public opinion on draft rules set to be unveiled in the next two to three months, which it aims to finalise this year.That follows steps by global regulators such as the European Securities and Market Authority (ESMA), the Securities Exchange Commission in the United States and the China Securities Regulatory Commission (CSRC).

The brokerage expects margins to come-off QoQ, but strong credit growth and lower other income base due to heavy treasury loss last year should boost pre-provision operating profit (PPoP) growth. Slippages will remain similar to that in Q2.

On Friday, Siyaram Silk's shares were trading marginally higher in morning deals at Rs 538.90 on NSE. So far this year, the scrip has seen a flattish growth at the bourses. However, in the last one year, the stock has risen nearly 19%.

But Brainard also reiterated a view that the policy-setting Federal Open Market Committee's next statement and Fed Chair Jerome Powell in his Feb. 1 news conference are likely to hammer home: Slowing inflation isn't low inflation, and a smaller rate increase doesn't mean the central bank is ready to pause yet.

The dividend will amount to about Rs 5,493 crore. The company has fixed a record date of January 30 for the purpose of payment of the third interim dividend to eligible shareholders.

"L&T Technology posted a flat QoQ topline growth in constant currency in 3QFY23, missing our estimates of 2% QoQ growth. Despite weak growth, EBIT margin improved 60bp QoQ over a low base (wage hike in 2QFY23), beating our estimates of 18.3%," brokerage firm Motilal said.

One of the best ways to accomplish the stiff target is to give tax breaks till 2030 for companies helping in achieving this goal. To avoid cash outflows, the government can consider giving higher depreciation benefits, and lower taxes during this period.

The Relative Strength Index (RSI) is at 60.7. RSI below 30 is considered oversold and above 70 is considered overbought, Trendlyne data showed. MACD is above its center and signal line, this is a bullish indicator.

Small cap companies are risky bets, any one who has any doubt should look just remember June 2022. A number of them lost all the gains they had made in two years. However, it would be wrong to paint everything with the same brush. If the right financial parameters and other filters are applied, it may lead to a set of select stocks of potential gainers. 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".

"Paytm will grow revenues with profit and free cash flow; Don't have control over stock price; Will be able to beat Sept 2023 guidance of breakeven", Vijay Shekhar Sharma of Paytm told ET NOW in an exclusive interview. Watch.

The brokerage has remained positive on the stock but said a re-rating looks unlikely given premium valuations and likely disruption due to the entry of a large player. It has an accumulate rating on the stock with a target price of Rs 3326.

To woo mom-and-pop investors to buy into his ports-to-power empire’s flagship, Adani Enterprises Ltd. will sell new shares at a discount and allow payments in three installments when it rolls out its $2.5 billion follow-on offer later this month — an unprecedented move for one of the country’s hottest stocks. For a stock that has rallied over 1,400% since early 2020, sweeteners are crucial to woo retail investors.

Global investment bank, Jefferies maintained its buy rating on HUL post Q3 results but slashed its target price to Rs 3100 from Rs 3150 earlier which still translates into an upside of about 17% from Rs 2650 recorded on 19 January.

When short-term capital gains tax was 15% and LTCG nil, the difference between the two taxes acted as an incentive for investors to be long-term holders. But with the difference being reduced to 5%, the incentive to hold for the long term is gone, explained Agarwal.

Rating firm Moody's Investors Service on Friday affirmed a positive rating on State Bank of India while upgrading long-term local and foreign currency bank deposit ratings Bank of Baroda, Canara Bank and Punjab National Bank. It maintained a stable outlook on all four banks' long-term ratings.

Anil Agarwal-promoted Vedanta on Thursday said it will sell Zinc International assets to Hindustan Zinc for a cash consideration of USD 2,981 million. The Vedanta's board approved the sale of Zinc International assets held by THL Zinc Ventures Ltd (Mauritius) (THLZV), a direct wholly-owned subsidiary of the metals and mining major.

India VIX was down by 0.28% from 14.08 to 13.40 levels on Thursday. Volatility has been hovering at lower levels from the last nine weeks and supporting the bulls to hold the overall command. On the Options front, the maximum Call OI is placed at 19,000 and then towards 20,000 strikes while the maximum Put OI is placed at 18,000 and then towards 18,500 strikes.

While growth concerns could intensify globally in 2023, India’s growth trends may remain resilient given the country’s macroeconomic stability and well-controlled inflation. Select brokerage firms believe stocks such as Care Ratings, Rail Vikas Nigam, and AU Small Finance Bank will provide good opportunities for hefty returns this year. Based on the recommendations from select brokerage firms, here are eight fundamental stock ideas that can yield returns of up to 69%:

Opening Bell: Sensex flat, Nifty tests 18,100; Hindustan Zinc falls 8%, HUL 3%; Vedanta, Vodafone Idea, Tata Steel and YES Bank are some of the top movers in morning trade.

Om Mehra, Equity Research Analyst at Choice Broking said, we expect Indian markets range bound today with stock specific actions as big companies like Reliance, JSW Steel & HDFC Life will declare their quarterly results.

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 ONGC and Hero Moto while Kunal Bothra has a buy/sell recommendation on UPL and Rategain for today's trading session. Check out the targets and stoploss.

Nifty futures on the Singapore Exchange traded 18 points, or 0.10 per cent, higher at 18,131.50, 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.

Amid impressive credit growth, banks remain the top pick of most brokerages despite the FII selling. On IT, however, many analysts have a cautious stance saying they expect more pain ahead due to global macro factors.

The markets on Thursday remained influenced by the weekly options expiry, with the Nifty ending with a modest loss. The stocks which had been consolidating in the past few weeks are showing signs of revival.

Asian markets showed some resilience despite a selloff on Wall Street overnight, with the S&P 500 losing 0.76%. E-Mini futures indicated a small bounce at the reopen though, gaining 0.24%.

However, on the short-term time frame, the momentum indicators suggest that the stock is in an overbought zone and high chances of quick short-term correction are not ruled out if the stock trades below 368 or 10-Day SMA.

Tesla, meanwhile, will continue to take market share as global oil demand falls by 30% or more over the next five years, Wood estimated. The company's recent moves to lower its prices will likely continue "aggressively" and put pressure on other automakers to match them, hurting its competitors "significantly," she said.

Concert has pioneered the use of deuterium (a hydrogen isotope) in medicinal chemistry and has an extensive patent portfolio, including its lead product candidate deuruxolitinib - an oral inhibitor that blocks Janus kinases JAK1 and JAK2 for the treatment of baldness. Concert has completed the evaluation of the efficacy and safety of deuruxolitinib in adult patients with moderate to severe alopecia areata in its THRIVE-AA Phase 3 clinical program and two open label, long-term extension studies are ongoing in North America and Europe.

Investors have been looking for signs of weakness in the labor market as a key ingredient needed for the Fed to begin to slow its policy tightening measures. Other data showed manufacturing activity in the mid-Atlantic region was subdued again in January, while data from the commerce department confirmed the recession in the housing market persisted.

In response to an additional question, more than 60% of respondents, 55 of 89, said the Fed was more likely to hold rates steady for at least the rest of the year than cut. That view lined up with the survey's median projection for the first cut to come in early 2024.