Shares of Indigo Paints fell by 5.7% to a low of Rs 1,452.10 on the BSE during early trading today. This decline followed a block deal estimated at Rs 179.2 crore, representing 2.5% of the company’s equity, at a price of Rs 1,493 per share. Reportedly, 1.2 crore shares were traded in the transaction, with Peak XV Partners Investments (formerly Sequoia India) likely being the seller.

Madhabi Puri Buch, the first woman and private sector head of Sebi, faces unprecedented challenges. Allegations from various quarters, including internal staff and external critics, question her integrity and work culture. Despite support from some industry figures, calls for her resignation are growing louder.

Indian equity indices opened lower again due to declines in banking stocks. The BSE Sensex fell by 550 points to reach 82,018 and Nifty50 decreased by 44 points to hit 25,101 as traders await the US jobs report.

The Bajaj Group, known for its consistent wealth creation, is preparing for the IPO of Bajaj Housing Finance. With a history of strong returns from companies like Bajaj Finance and Bajaj Finserv, the new IPO aims to capture a larger share of the housing finance market. Analysts expect robust growth and solid returns.

In one of the most bearish reports on the debt-ridden telecom company Vodafone Idea, global brokerage firm Goldman Sachs has set a target price of just Rs 2.5, indicating a potential downside of up to 83%. Goldman Sachs argues that while Vodafone Idea's recent capital raise is incrementally positive, it is unlikely to prevent further erosion of the company’s market share.

The Indian market is expected to consolidate on Friday, following muted global cues. On Thursday, Nifty futures closed lower, down 0.05% to 25,235 levels. The India VIX fell by 1.18%, dropping from 14.38 to 14.21 levels. In the options market, the maximum Call open interest (OI) is at the 26,000 strike, followed by the 25,200 strike. The maximum Put OI is at the 25,000 strike, followed by the 24,000 strike.

The parliamentary Public Accounts Committee (PAC) is set to investigate allegations against Sebi chief Madhabi Puri Buch. The inquiry follows claims of conflict of interest and corrupt practices. The PAC, led by Congress leader KC Venugopal, will review the performance of regulatory bodies, including Sebi, later this month.

Goldman Sachs has issued a sell call on Vodafone Idea with a target price of Rs 2.5, while maintaining a buy call on Bharti Airtel with a target price of Rs 1,700. Jefferies has maintained a buy rating on Bajaj Finance and a hold rating on M&M Finance, with target prices of Rs 8,410 and Rs 315 respectively.

Benchmark indices closed lower for the second consecutive day amid a sluggish global market trend. Stocks in focus included GIC Re, Cochin Shipyard, and Vedanta. Technical Analyst Riyank Arora suggests GIC Re and Cochin Shipyard show strong support levels, while Vedanta has broken out from a consolidation pattern, indicating potential gains.

The two-day offer for sale of General Insurance Corp of India was fully subscribed on the final day. The base issue was taken up, but the green shoe option saw no demand. Retail investors bid for only 22% of the issue, while non-retail investors' portion was subscribed 1.08 times.

The Indian FMCG sector is witnessing a surge in mergers and acquisitions, with Britannia reportedly in talks to acquire Kishlay Foods. This trend follows previous acquisitions of DTC startups, spice makers, and now snack companies. Major players like ITC, Dabur, and Tata Consumer Products are leading the charge, driven by competitive intensity and limited organic growth opportunities.

The two-day offer for sale of General Insurance Corp of India was fully subscribed on the final day. The base issue was taken up, but the green shoe option saw no demand. Retail investors bid for only 22% of the issue, while non-retail investors' portion was subscribed 1.08 times.

Foreign investors infused ₹30,845 crore into 15 sectors between August 16 and 31, with consumer durables and IT receiving the highest inflows. Defensive sectors like FMCG and pharma also saw increased interest. The power sector faced significant selloff, while financial services, oil & gas, and healthcare received over ₹2,000 crore each.

Retail investors can explore Non-Convertible Debenture (NCD) public issues from Muthoot Fincorp, Indostar Capital Finance, and Sammaan Capital, offering returns between 9% and 10.75% over 2-10 years. These NCDs provide higher interest rates than bank deposits due to their AA ratings and offer various payout options.

“Hero MotoCorp stock has made a good base near 5000 levels and after the pause in August, it is gearing up for a fresh move as a follow-up can be seen after the negation on a weekly basis. Traders can buy for a target of Rs 5900 in the next 1-2 weeks,” Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd, said.

The S&P 500 and Dow closed lower in volatile trading, while the Nasdaq saw a slight rise. Investors are cautious ahead of key jobs data, which could influence Federal Reserve rate cuts. Tesla's gains and Frontier Communications' slump were notable movements. Market sentiment remains mixed amid economic reports.

Stocks in news: Domestic markets ended slightly lower on Thursday amid ongoing consolidation. Key stocks in focus include Indigo Paints, Nucleus Software, Venus Pipes, Adani Enterprises, and Godfrey Phillips due to various developments. Notable updates include stake sales, early public issue closures, buybacks, distribution agreements, and legal proceedings.

Stocks, bonds, and major currencies remained stable as traders awaited US jobs data that could influence the Federal Reserve's rate cut decision. Asian markets showed minimal movement, with Japan fluctuating and Australia steady. The nonfarm payroll report is expected to provide insights into the US labor market's health.

There are many sectors and stocks, which from being the most sorted one on the Street, get into a phase, where both institutional and retail interest comes down dramatically. For a period of time, they don't come in the news. But for a large sector which is fulfilling an important basic need like energy, it cannot be kept down forever. Just have a look at power; it was down and out for more than 12 years and then a rebound happened. This is not to say that a rebound is around the corner; it is just that when an important sector is under pressure, the ecosystem tries to find a way. Probably the corporate action in Gujarat Gas and others is an example of that. Now if one looks at natural gas related companies, be it city gas distribution companies or others, they have been under pressure for quite some time. In a raging bull run, they have been the ones which are far away from their previous highs.

The weekly options expiry concluded quietly with markets remaining range-bound and ending slightly negative. More stocks are breaking short term barriers and getting into the buying mode. SRF Ltd shows strong accumulation and is poised for a breakout, while BLS International Services has broken out from resistance, indicating potential upward movement. Both stocks exhibit bullish technical indicators.

Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools - earnings, fundamentals, relative valuation, risk and price momentum.

TVS Motor's stock price has surged 94% in the past year. Though it recently consolidated after reaching a record high, it has found strong support at the 5,000 level. The 5,000-level has been acting as a crucial support multiple times since May 2024. Hence, as long as the stock stays above this level, bulls are likely to remain in control.

Tesla shares surged over 7% after the company confirmed plans to launch its Full Self-Driving software in China and Europe, pending regulatory approval. This comes ahead of the unveiling of its robotaxi product, Cybercab. CEO Elon Musk expects approval by year-end, with a potential U.S. regulatory boost under a Trump administration.

The S&P 500 and the Dow were subdued at the open on Thursday as investors parsed through mixed labor market data to gauge the size of the Federal Reserve's interest rate cut that is expected later this month.

This comes about a month ahead of the company's unveiling of its robotaxi product, "Cybercab", underpinned by the technology that helps drivers accelerate, brake and steer in cities and highways with human supervision.

Following a report in The Economic Times about Sebi officials complaining to the finance ministry about a “toxic work culture”, Sebi responded by claiming that its staff were being misled by outside forces regarding HRA matters, with the intent to damage the reputation of Sebi and its leadership.

Indian benchmark indices ended marginally lower on Thursday, dragged by index heavyweight Reliance Industries. The S&P BSE Sensex closed 0.18% lower at 82,201, while the NSE Nifty50 ended below the 25,150 mark. "The short-term trend of Nifty continues to be choppy with weak bias. Further weakness from here could find key lower support around 25000-24900 levels before showing a sustainable upside bounce again from the lows. Immediate resistance is placed at 25300," said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.Here are 5 stock recommendations for Friday:

Max Ventures Investment Holdings, a promoter entity of Max Financial Services, on Thursday divested a 3.18 per cent stake in the company for Rs 1,218 crore through an open market transaction. Analjit Singh-promoted Max Financial Services Ltd (MFSL), a part of the Max Group, is the holding company for Max Life Insurance.

Brokerage firm Angel One has issued a warning against a fraudulent website and Instagram page which falsely claim affiliation with the company and promise unrealistic returns. Angel One confirmed no association with these deceptive platforms.

Bajaj Housing Finance plans to raise Rs 6,560 crore via a share issue and offer for sale. Promoter Bajaj Finance will reduce its stake from 100% to 88.7%. BHFL, a fast-growing mortgage lender with robust financials, seeks to leverage increasing mortgage demand.

On Thursday, India's benchmark index, the Sensex, fell by about 151 points, closing at 82,201. Despite this decline, 10 stocks in the BSE FMCG index hit their highest prices in the past year. Achieving a 52-week high is significant as it indicates the highest price a stock has reached over the previous year, providing valuable insights for traders and investors. This milestone is important for evaluating a stock's current worth and predicting future price movements.

The S&P 500 and the Dow were subdued at the open on Thursday as investors parsed through mixed labor market data to gauge the size of the Federal Reserve's interest rate cut that is expected later this month.

Indian market closed flat with a negative bias for the third straight day on Thursday. The S&P BSE Sensex fell more than 150 points while the Nifty50 closed above 25,100 levels.

EaseMyTrip shares surged nearly 11% after announcing its entry into the electric bus manufacturing sector through its new subsidiary, Easy Green Mobility. The company plans to invest Rs 200 crore in R&D and production, aiming to capture a significant share of India's growing EV market by localizing production and offering advanced technology solutions.

Stock market regulator Sebi Chairperson Madhabi Puri Buch seems to be in trouble. With each passing day, a new allegation seems to attach itself to Buch. From toxic work culture to Zee's Subash Chandra accusing her of being corrupt--- As of now, there are complaints against Madhabi from all four sides - international, domestic, internal as well as political Let's take a look at all 4 major allegations.

On Thursday, Nifty ended slightly lower, forming a small red candle and closing 53.60 points down at 25,145. The short-term trend remains choppy, with key support at 25,000-24,900 and immediate resistance at 25,300, according to Nagaraj Shetti of HDFC Securities.

Adani Enterprises’ Rs 400 crore debenture issue, launched on Wednesday, saw a 221% oversubscription on its second day, driven by strong retail interest. The non-convertible debentures offer annual yields between 9.25% and 9.90%, closing on September 17. The issue will help repay existing debt and fund general corporate purposes.

Sebi officers have protested against chairperson Madhabi Puri Buch, alleging a toxic work culture marked by excessive monitoring, unrealistic targets, and poor treatment. Despite high salaries, employees cite increased stress and fear, demanding changes. Sebi dismisses claims as a response to failed salary negotiations.

Indian benchmark equity indices ended lower on Thursday, reversing early gains due to weakness in Reliance Industries. The 30-share BSE Sensex fell 151 points to settle at 82,201, while the NSE Nifty declined 53 points to close at 25,145. Investors are awaiting crucial US non-farm payroll and unemployment data.

Pharma is one sector, where literally every company in the sector has gone through a phase where it is forced to have a look at its own business practices and model. From the US regulator being taken more seriously, to not indulge in speculative treasury practices, to not moving into the export market just for the sake of moving. The fact is the whole pharma sector and literally every company has gone through a good, bad and then a phase of learning and some of them are re-emerging. We look at them which had faced headwinds and now are emerging once again.

Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Thursday's trading session, five stocks witnessed a long unwinding. Here's the list:

Ola Electric Mobility’s stock surged from Rs 76 to an all-time high of Rs 157.53 within a week, briefly surpassing Tesla's valuation. However, profit booking caused a 22% drop in subsequent sessions. Today, shares rebounded 7.7%, with the anchor lock-in period ending tomorrow.

The investment will be made over two to three years for the setting up a manufacturing plant, research and product development, the company, which operates the website EaseMyTrip.com, said.

Short covering happens when traders buy back shares they previously sold short, often due to a shift in market sentiment or new information. This usually results in a decrease in open interest and can drive the stock price higher. In Thursday's trading session, five stocks saw short covering. Here's the list:

Stock market regulator Sebi Chairperson Madhabi Puri Buch seems to be in trouble. With each passing day, a new allegation seems to attach itself to Buch. From toxic work culture to Zee's Subash Chandra accusing her of being corrupt--- As of now, there are complaints against Madhabi from all four sides - international, domestic, internal as well as political Let's take a look at all 4 major allegations.

Indian benchmark indices opened higher but later declined on Thursday, following trends in Asian markets and a drop in US equity futures. During the session, five Nifty50 stocks hit new 52-week highs. Here's the list:

Indian benchmark equity indices ended lower on Thursday, reversing early gains due to weakness in Reliance Industries. The 30-share BSE Sensex fell 151 points to settle at 82,201, while the NSE Nifty declined 53 points to close at 25,145. Investors are awaiting crucial US non-farm payroll and unemployment data.

The S&P rankings analyse the performance of Indian lenders based on seven weighted financial metrics, including return on average equity, net interest margin, cost-to-income ratio and nonperforming loan ratio, as of the year ended March 31.

The trend has been driven by years of strong earnings in India at the same time as China's markets have stumbled, upending their weightings in the MSCI Emerging Markets' Index which serves as a benchmark for global EM funds.