Aadhar Housing Finance, the countrys largest affordable home loan company based on assets under management (AUM), plans to raise Rs 1,000 crore through a fresh issue of shares to augment the capital base and up to Rs 2,000 crore through an offer for sale by the promoter BCP Topco, an affiliate of the Blackstone group.

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State-run Hindustan Petroleum Corporation (HPCL) on Monday said that its board of directors could consider a proposal for a recommendation of bonus equity shares along with the fixation of record date on May 9, Thursday when the members meet to approve the company's financial results for the quarter ended March 31, 2024.

On Friday, CDSL announced its March quarter earnings where it reported a 52% increase in annual profit after tax (PAT), and a 105% increase in quarterly PAT. The total standalone income reported by the company for FY24 stood at 743 crore, which was a 37% YoY jump. On the consolidated basis, the total revenue stood at Rs 907 crore which was 46% higher than what it reported in the yea

Around 166 equity mutual funds have completed seven years in the market.

Hitting the 52-week high is important as it reflects a stock's highest value over the previous year, which has significant implications for traders and investors.

The Nifty Auto index closed 0.07 per cent down at 22526.6.

Axis Mutual Fund has changed the fundamental attribute of Axis Special Situations Fund. The scheme will now be called the Axis Innovation Fund. According to the fund house, the change has been done to reflect the nuanced focus of the fund in a better way.

In Monday's trading session, five stocks witnessed a top long unwinding.

Short covering signals a shift in view on security from extreme bearishness to bullishness.

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Chadha notes caution pre-election due to US yields, advises good earnings as hedge. Impressed by Britannia, Tata Consumer, Axis, ICICI banks. Favors ICICI, Axis, HDFC, Kotak for growth potential and asset quality in banking sector.

RBI's nuanced approach in FY 2024-2025 balances growth, inflation, and stability. Expect cautious yet proactive policy rates. Strategic reserves, global index inclusion, and fiscal discipline shape India's economic landscape.

The public offer is entirely a fresh issue of 29.82 lakh Equity shares of Rs 10 face value and no Offer for Sale component, according to the red herring prospectus (RHP).

May 6 Brainbees Solutions Ltd, the parent firm of online e-commerce platform FirstCry, has re-filed preliminary papers with Sebi to raise funds through an initial public offering, an update with the markets regulator showed on Monday.

Top sectoral preferences of India's top stock market investors

Shares of Avenue Supermarts traded lackluster after a 22% year-on-year (YoY) jump in its March quarter net profit failed to impress Dalal Street investors.

And so, if we put VinFast to one side, we actually grew our services business sequentially by 10%. And in the full year, again, if we put VinFast to one side, we have grown our business by a sector leading 30%.

According to an average estimate of four brokerages, revenue from operations in the January-March 2023 period is seen growing up to 18% year-on-year. Meanwhile, net profit after tax is likely to surge up to 54% YoY.

On the technical charts, the RSI of the stock stood at 48.65.

Indian shares inched higher in choppy trading on Monday, as a drop in the state-owned lenders limited gains from the country's information technology stocks on rising hopes of U.S. rate cuts.

On the technical charts, the 200-day moving average of the stock stood at Rs 126.54.

A Saudi delegation arrived in Pakistan on Sunday for talks on trade and investment opportunities, particularly in the exploration and production sectors.

The stock quoted a 52-week high of Rs 649.0 and a 52-week low of Rs 381.25.

IT or technology-based mutual funds have lost around 3.83% on an average in the last three months.

A total of 18,108 shares changed hands on the counter till 01:28PM (IST).

In each bull market, there will be pockets of exuberance, but there will be some other pockets which will be out of favour and that is where we tend to look for opportunities.

As of 31-Mar-2024, promoters held 30.3 per cent stake in the company, while FIIs held 14.71 per cent and domestic institutional investors had 24.17 per cent.

A total of 12,405 shares changed hands on the counter till time (IST).

According to the latest data from the March quarter, Kedia has publicly disclosed stakes in approximately 17 companies, totaling around Rs 1,623 crore as of May 03.

Godrej Properties shares surged 9.7% to a record high of Rs 2,816.90 on BSE. Brokerages raised target prices after a 14% YoY increase in consolidated net profit to Rs 471 crore for Q1 2024. The company achieved its highest-ever quarterly sales, with booking value at Rs 9,519 crore.

Promoters held 0.0 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 21.28 per cent and 5.79 per cent, respectively.

PSU bank stocks, including Canara Bank, Punjab National Bank, and Bank of Baroda, plunged up to 6% due to RBI's draft circular proposing stricter project financing guidelines.

On the technical charts, the 200-day moving average of the stock stood at Rs 4877.39.

Tata Tech reported its quarterly earnings for the second time on 3rd May wherein their net profit stood at Rs 157.24 crore for the quarter ended March 2024, which was down 27% on a year-on-year basis while the consolidated revenue from operations for the reported quarter stood at Rs 1,301.05 crore, lower by 7.22% YoY.

The stock quoted a 52-week high of Rs 2697.45 and a 52-week low of Rs 2050.0.

The Nifty Auto index was trading 0.01 per cent down at 22538.25.

A total of 18,624 shares changed hands on the counter till 10:35AM (IST).

On Monday, shares of One 97 Communications, the parent company of Paytm, experienced a 5% decline, reaching a day's low of Rs 351.70. This drop followed the company's disclosure to the exchanges regarding the resignation of Bhavesh Gupta, who served as the Chief Operating Officer (COO) and President of Paytm.

A total of 11,194 shares changed hands on the counter till 10:30AM (IST)

The Nifty Bank index was trading 0.56 per cent up at 49198.1.

Stocks like Coal India, NMDC, and GMDC are anticipated to surge up to 23%. Technical analysis points towards potential gains. Market indices dipped due to IT sector, but specific stocks show promise for significant short-term growth.

The stock quoted a 52-week high of Rs 622.25 and a 52-week low of Rs 350.45.

The dollar index was steady at 105.1 after dipping to a near one-month low on Friday after data showed that U.S. employers added fewer jobs than expected in April and the unemployment rate rose.

In Mondays trading session, five stocks witnessed a build of fresh short positions.

A long buildup occurs when there is an increase in open interest and trading volumes alongside a rise in the price of the underlying stock in the Futures and Options segment.

A significant uptick in futures open interest signifies a substantial growth in the number of active, unexpired futures contracts in a specific security.

Ethos Ltd., incorporated in the year 2007, is a Small Cap company (having a market cap of Rs 5734.67 Crore) operating in Retail sector.

A White Marubozu is a bullish candlestick pattern in technical analysis.