Securities and Exchange Board of India Chief Madhabi Puri Buch on Friday said that she has adhered to all disclosure and recusal guidelines set by the regulator. In a personal statement, she denounced the allegations against her as completely false, malicious, and derogatory.

Reliance Jio Infocomm's rising focus on growth and Vodafone Ideas's market share losses may need multiple tariff hikes over the next few years, the brokerage noted.

After a sharp rally to all-time highs in the previous session, Indian benchmark equity indices traded slightly lower on Friday, weighed down by energy stocks. However, seven Nifty50 stocks reached new 52-week highs today. Here’s the list:

SEBI chief Madhabi Puri Buch asserts compliance with all disclosure rules amid criticism over conflicts.

Jeweller stocks have been performing exceptionally well in 2024, with many experiencing significant price increases. Six stocks have even doubled investor wealth in just over eight months. We've highlighted the top 10 performers, whose gains range from 20% to 175% this year. Notably, Titan Company, a major player in the sector by market cap, has shown flat performance but with a positive trend. Our analysis focuses on stocks with a current market cap of Rs 1,000 crore, most of which are trading near their yearly highs (Data Source: ACE Equity). According to Trendlyne's SWOT analysis, all stocks except Renaissance Global have more strengths than weaknesses.

Brokerage firm Bernstein has upheld its 'Outperform' rating on Zomato and adjusted its target price to Rs 330, indicating a potential increase of 16% from the previous day's closing price of Rs 283.9. The firm attributes this revised outlook to the rapid expansion of the quick commerce (QC) sector. Bernstein notes that initial assumptions about QC—such as its focus on small 'top-up' orders, its appeal being limited to metropolitan areas, and its catering mainly to affluent consumers—have been consistently updated each quarter.

Gold's year-to-date returns have outperformed the S&P BSE Sensex and are catching up with Nifty50. The recent rally was driven by a rate cut from the European Central Bank and potential rate cuts in China. Experts see gold as a portfolio diversifier, especially with upcoming geopolitical events and US elections.

HG Infra Engineering shares rose over 5% to Rs 1,579 after securing a Rs 716 crore railway contract. The stock surged 85% YTD and 150% in two years.

The Nifty Index showed mixed results following recent Fed rate cut cycles, defying the theory that lower rates boost equity valuations. After the 2001 cuts, it fell 35% over a year. In 2007-08, it first rose 30% then plunged 60%. Post-2019 cuts, returns were flat, between 0% and 5%.

Crude oil prices are something which impacts the whole of the Indian economy. Right from the fiscal deficit of the government, to the profit of companies where crude is direct raw material or its derivatives part of the raw material chain, to even the individuals. Lower oil prices means stable petrol and diesel prices at pump level which means more money to spend. So, there is a bull case for the whole of India but for some this relationship with crude oil is stronger and has a bigger impact on the margins. While for others it takes time to show an impact, we take a look at ten companies where the relationship is stronger.

Nazara Technologies' shares rose over 4% to a 52-week high after announcing plans to acquire a 47.7% stake in Moonshine Technology for Rs 832 crore and invest Rs 150 crore.

Adani Group stocks fell by up to 2% in early trading on Friday following a new report from Hindenburg Research. The U.S. short-seller alleged that Swiss authorities have frozen over $310 million in funds across multiple Swiss bank accounts as part of an investigation into money laundering and securities forgery linked to the Adani Group.

Shares of Sanofi Consumer Healthcare India made their market debut on Friday, listing on both the NSE and BSE. On its first day of trading, the stock hit a 5% upper circuit limit, reaching Rs 4,702.9. Sanofi Consumer Healthcare India is the demerged consumer healthcare division of Sanofi India. The demerger, approved by the board of Sanofi India on May 10, 2023, established the Consumer Healthcare business as a separate entity, Sanofi Consumer Healthcare

Adani Group stocks fell by up to 2% in early trading on Friday following a new report from Hindenburg Research. The U.S. short-seller alleged that Swiss authorities have frozen over $310 million in funds across multiple Swiss bank accounts as part of an investigation into money laundering and securities forgery linked to the Adani Group.

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Vision Infra Equipment's shares debuted on the NSE SME platform with a 25.8% premium, listing at Rs 205 against an issue price of Rs 163. The IPO was subscribed 68 times, driven by non-institutional investors. Funds will be used for capital expenditure, working capital, and corporate purposes. The company offers equipment solutions in various sectors.

Other jewellery stocks like Senco Gold and Goldiam International also hit their fresh 52 week highs of Rs 1,292.45 and Rs 374, respectively. The stocks were up by 4% and 6% in the same order.

Several brokerage firms have recently initiated coverage on a number of stocks, providing both buy and sell ratings based on market outlooks. Stocks under the spotlight include Bajaj Finserv, KIMS, and Samvardhana Motherson, with analysts offering a range of projections. Here is a list of 5 stocks on which brokerages initiated coverage:

Zomato shares have surged by 126% this year, driven by strong growth in food delivery and quick commerce. Analysts remain optimistic about the company's future, citing improved margins and strategic acquisitions. Major brokerage firms like UBS, Jefferies, and JP Morgan have given positive ratings, further boosting investor confidence.

Campus Activewear shares surged by 24% over the past five trading sessions to hit an all-time high on BSE despite a decline in Q1 FY25 financials. Brokerage firms remain optimistic with buy ratings and target prices set at Rs 305 and Rs 335.

Bajaj Housing Finance IPO Listing Date: The Bajaj Housing Finance IPO share allotment, initially expected on Thursday, is now likely to be finalised today. The shares are set to list on September 16. Investors can check their allotment status via BSE or the registrar's website. The company raised Rs 1,758 crore from anchor investors and aims to boost its capital base for future business needs.

Patanjali Foods Share Price: Shares of Patanjali Foods fell by 4% on the BSE today, hitting a day’s low of Rs 1,855.10. The drop followed a block deal involving 1.2 crore shares, or 3.3% of the company’s equity, valued at Rs 2,223.4 crore. The floor price for the deal was set at Rs 1,815, with the promoters likely being the sellers.

Western Carriers IPO Day 1: Western Carriers' IPO opens for subscription, featuring a fresh equity sale of Rs 400 crore and an offer for sale by promoter Rajendra Sethia. The price band is set at Rs 163-172 per share. Analysts recommend it for high-risk investors due to financial challenges. Proceeds will repay borrowings and fund capital expenditure.

Adani Group stocks fell by up to 2% in early trading on Friday following a new report from Hindenburg Research. The U.S. short-seller alleged that Swiss authorities have frozen over $310 million in funds across multiple Swiss bank accounts as part of an investigation into money laundering and securities forgery linked to the Adani Group.

North Indian savers are increasingly investing in equities, with the number of investors on the National Stock Exchange quadrupling since FY20. Improved internet connectivity and financial literacy have contributed to this trend. Uttar Pradesh has seen significant growth, while Maharashtra and Gujarat's shares have declined.

Indian indices Sensex and Nifty opened lower, down 0.20% and 0.23%, due to FMCG, energy.

On the options front, the maximum Call OI is placed at 26000 and then towards 25500 strikes while the maximum Put OI is placed at 24500 and then towards 25000 strikes.

Brokerage firms BofA, Jefferies, and CLSA have issued ratings on Tata Motors, Bharti Hexacom, Bharti Airtel, and Adani Ports. BofA and Jefferies recommend buying Tata Motors and Bharti Hexacom respectively, while CLSA rates Adani Ports as outperform. Jefferies also maintains a buy rating on Bharti Airtel with an increased target price.

Shares of Patanjali Foods fell by 4% on the BSE today, hitting a day’s low of Rs 1,855.10. The drop followed a block deal involving 1.2 crore shares, or 3.3% of the company’s equity, valued at Rs 2,223.4 crore. The floor price for the deal was set at Rs 1,815, with the promoters likely being the sellers.

North Indian savers are increasingly investing in equities, with the number of investors on the National Stock Exchange quadrupling since FY20. Improved internet connectivity and financial literacy have contributed to this trend. Uttar Pradesh has seen significant growth, while Maharashtra and Gujarat's shares have declined.

India's key stock indices surged nearly 2% to all-time highs on Thursday, driven by China's decision to cut interest rates on mortgages. The Sensex briefly crossed 83,000, led by gains in Bharti Airtel, NTPC, Mahindra & Mahindra and JSW Steel. The NSE Nifty also saw significant gains, closing at a record high.

Eight stocks, including Aarti Industries and Granules India, are under F&O trade ban due to high open interest. The ban is lifted only when open interest falls below 80%. India's Sensex and Nifty indices surged over 1% on Thursday, reaching new all-time highs amid positive global market trends and expectations of a US rate cut.

Metal stocks saw significant gains as China is expected to cut interest rates on mortgages to boost consumption. The Indian government's extension of anti-dumping duties on steel imports from China and Vietnam also contributed to the positive sentiment. Analysts remain cautiously optimistic about the sector despite existing challenges.

India's general insurance industry grew by 4.5% in August 2024, despite slower new vehicle sales and no motor third-party tariff hike. Standalone health insurers reported robust growth, while major players like New India Insurance and HDFC Ergo saw declines. ICICI Lombard posted a notable increase in premiums.

The Sensex reached a historic 83,000 level, while the Nifty closed at a lifetime high. Granules India fell 16.47% due to US FDA concerns, Nazara Tech gained 5% with a bullish breakout, and Zomato rose 4.2% after closing above its breakout level. Analysts provide insights on potential market moves.

Trinamool Congress MP Mahua Moitra has lodged a complaint with the Lokpal against Sebi chairperson Madhabi Puri Buch, alleging improper conduct and quid pro quo arrangements. This is the first formal complaint filed with a legal authority on this matter. Buch's unexpected absence from an infra conclave in Mumbai has also raised eyebrows.

Arkade Developers, a mid-tier residential realty firm in suburban Mumbai, plans to raise ₹410 crore through fresh equity for development expenses. The company's promoter stake will drop to 70.8% post-IPO. Arkade has developed over 4.5 million square feet across 28 projects and reported significant financial growth between FY22 and FY24.

The buy-to-sell ratio of equity funds in India hit an 18-month high of 2.1 in August, driven by new fund offers from sector funds. Sector/thematic NFOs reported significant net inflows, contributing to a total equity fund inflow of ₹1,15,960 crore. Sector funds now hold the highest assets under management among all equity fund categories.

In August, mutual fund managers focused on stocks poised to benefit from potential rate cuts and falling crude prices, accumulating shares in paints, tyre companies, and select banks and NBFCs like Kotak and IndusInd.

The Securities and Exchange Board of India has approved amendments to the National Stock Exchange's memorandum of association, allowing a 10-fold increase in authorised share capital to ₹500 crore. This will facilitate the bourse's proposed four-for-one bonus issue and provide flexibility for issuing fresh shares during its public offering.

Ajit Jain, vice chair of insurance operations at Berkshire Hathaway, sold $139 million worth of Class A shares in the company. Jain disposed of 200 shares at approximately $695,418 each, leaving him with control of 166 shares. Jain joined Berkshire Hathaway in 1986 and has been praised by Warren Buffett for his contributions to the firm.

North Indian savers are increasingly investing in equities, with the number of investors on the National Stock Exchange quadrupling since FY20. Improved internet connectivity and financial literacy have contributed to this trend. Uttar Pradesh has seen significant growth, while Maharashtra and Gujarat's shares have declined.

India's key stock indices surged nearly 2% to all-time highs on Thursday, driven by China's decision to cut interest rates on mortgages. The Sensex briefly crossed 83,000, led by gains in Bharti Airtel, NTPC, Mahindra & Mahindra and JSW Steel. The NSE Nifty also saw significant gains, closing at a record high.

Wall Street's main indexes closed higher after inflation data supported expectations for a 25-basis point rate cut by the Federal Reserve. The producer price index rose more than expected, while initial unemployment claims met estimates. Moderna's weak revenue forecast made it the S&P 500's biggest percentage loser.

The yen strengthened against the dollar, while falling Treasury yields boosted emerging-market currencies in Asia. Stocks in the region fluctuated as markets awaited next week's Federal Reserve policy meeting. Data showed US producer prices rose slightly in August, maintaining expectations for a rate cut. Japan's central bank is unlikely to hike rates at its upcoming meeting.

Domestic markets hit a new high, gaining nearly two percent. Key stocks in focus include IRCTC, Patanjali Foods, SBI Cards, BLS International, and Tata Power due to various developments. LIC increased its stake in IRCTC to 9.3%, while SBI Cards plans to raise Rs 5,000 crore. BPCL approved two joint ventures for energy transition initiatives.

“Dixon Technologies stock has formed a Bullish Harami candlestick pattern on the daily chart, signaling a potential bullish reversal. Traders can buy for a target of Rs 13500 in the next 3-4 weeks,” Kkunal V. Parar, Vice-President of Technical Research and Algo, Choice Broking, said.

Defensive FMCG and capital goods stocks are gaining momentum yet again.

Dixon Technologies' stock price experienced a remarkable 145% surge in one year, rising from Rs 5,176 to Rs 12,693. It reached an all-time high of Rs 13,633 on August 26, 2024, before experiencing some profit-taking. However, the stock found support above its 50-day moving average, which has been a key support level throughout 2024.

Moderna has delayed its break-even goal by two years, pushing it to 2028, due to slower regulatory processes for key products like flu and cancer vaccines. The company expects lower sales in 2025 compared to this year and plans cost-saving measures, including cuts in research and development.