If you look at the breakup of the investment cycle, and that is what we have been talking about in our reports also, that the previous peak of the investment cycle was around 2011-12. And if you just break it up, the gross fixed capital formation, almost 37% of the contribution was from real estate investments by households and that 37% till about 2021 dropped to close to 25% odd.

Shares of National Aluminium Co (Nalco) surged by over 5% as its Q4 revenues and profits beat market estimates. The Indian government-run firm is hopeful of profitability looking up in the current fiscal even though prices of aluminium may remain subdued due to tepid economic expansion globally.

AMC stocks, we can say they are in value zone just because they have done so badly and valuation is not as expensive, but growth triggers are not there.

Analysts estimate the overall countrywide penetration of 5G SIMs to rise from sub-5% now to at least 15% in the next 12 months. This, coupled with the fact that 5G mobile users consume more than double the amount of data consumed by 4G users, suggests that Indias 5G operators will see a surge in mobile data usage levels

Abhishek Banerjee of ICICI Securities, believes that ONDC is initially stealing business from aggregators, but it will limit the potential commission rates that they can charge. The discount offered by ONDC is currently funded by the company, which is unsustainable in the long-term. However, a 15-20% pricing difference between ONDC and aggregates like Swiggy or Zomato may be sustainable, which will attract price-sensitive customers.

"Euphoria in the retail market as well as activities moderated, new client additions, NSE active clients, all of these numbers declined in the industry," said Vijay Chandok, MD of ICICI Securities. "Cash volumes were also in a downward trajectory throughout the year, and equity capital markets, the fundraising markets were all muted in FY23 as compared to FY22."

Despite recording stronger-than-expected Q4 earnings, Bajaj Auto shares fell. The company has seen some market share losses in premium bikes and exports. Jefferies analyst Nitij Mangal sees multiple tailwinds, including the rebound of domestic demand and gradual export recovery.

The stock, which has lately undergone significant price and time corrections, has finally come out of the past four month's consolidation levels of ₹2,270-2,626 to close at ₹2,630 Tuesday. Technical analysts expect a 10% climb in the short term.

ICICI Securities in a note said YES Bank reported a mixed set of Q4FY23 earnings with healthy business growth, NIMs [net interest margins] and improvement in headline net stress. It said the profitability (RoA at 0.2%) remained weak due to continued investment in franchise and retail orientation

Zomato has been swamped with multiple concerns over its Blinkit business after the quick-commerce platforms delivery executives went on a strike protesting the change in the companys payout structure.

While foreign brokerage Jefferies has maintained a ‘buy rating on the Lodha Group company estimating a 35% upside, domestic brokerage HDFC Securities has left the price unchanged. Meanwhile, ICICI Securities has slashed the target price while cautioning for headwinds. Should you buy, sell or hold this stock?

Latest shareholding pattern shows that FIIs pared their stake in Infosys by 120 bps to 35.09% in March quarter and in the case of bellwether Tata Consultancy Services (TCS) their holding went down by 22 bps to 12.72%.

Aditya Birla Capital, incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 38881.34 Crore) operating in NBFC sector.

Promoters held 26.7 per cent stake in the company as of 31-Mar-2023, while FIIs owned 27.25 per cent, DIIs 23.03 per cent.

Titan Company, incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 233447.81 Crore) operating in Gems and Jewellery sector.

The (EOIs) were submitted earlier this month and are now being reviewed by the bank to shortlist names for the second phase of the process, which will be opened for a limited number of bidders. Those making the second short-list will get access to more detailed information on the company and its management team.

Shares of the oil-to-telecom conglomerate advanced for the second day in a row on Monday to settle at ₹2,360.5 apiece on the NSE, up 0.5% from the previous close.

On Monday, yield on the 10-year benchmark government bond eased 6 basis points to settle at 7.10%, the lowest closing level for the benchmark yield since September 13. The yield on the most liquid bond in the secondary market also slid to its lowest levels since September, registering a fall of five basis points.

"Blended ARPU grew at a modest 0.3% q-o-q (quarter-on-quarter) to ₹178.8 (versus our estimate of ₹178.2) as subscriber mix improvements and rising contribution from FTTH (fibre-to-the-home) offset the lesser days in quarter q-o-q," Kotak Institutional Equities said in a report.

Additionally, the company may consider a further issue of specified securities through a private placement aggregating up to Rs 1200 crore. If such placement is completed, the fresh issue size will be reduced.

The pharma stock hit a 52-week high of Rs 4,939 on 19 April 2023. The stock price gave a breakout above the triangular consolidation of the last 15 months on the weekly charts signaling the resumption of up move and offering fresh entry opportunities, suggest experts.

HCL Technologies, incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 286617.31 Crore) operating in IT Software sector.

The brokerage believes strong revenue growth will eventually drive operating leverage and margin improvement.

Prestige Estates Projects, incorporated in the year 1997, is a Mid Cap company (having a market cap of Rs 18064.83 Crore) operating in Real Estate sector.

Brokerage firm Motilal Oswal, however, maintained a buy rating on ICICI Securities with a price target of Rs 530, estimating a 15% upside. The target price is premised on 12X FY25E P/E of the company.

The volatility in global markets notwithstanding, DIIs have been relentlessly buying equities, and in the first three months of 2023, they have pumped in Rs 832 billion, data shared by NSE showed. This is almost equal to the total inflows seen in 2021.

ICICI Securities' weak quarterly performance is at a stark contrast to that of industry rival, Angel One, which posted a robust set of Q4 numbers on Monday.

Revenue from operations during the quarter stood at Rs 885 crore, also down marginally as against Rs 892 crore in the year-ago period.The income from interest for the quarter came in at Rs 287 crore, up 35% year-on-year, while brokerage income stood at Rs 310 crore

Foreign portfolio investors remain net sellers for second straight day, dump shares worth Rs 810 crore on Tuesday. DIIs bought stock worth Rs 401 crore

For the fourth quarter, Tata Coffee's consolidated total income was higher at Rs 736 crore, compared to Rs 663 crore in the corresponding quarter of the previous year, an increase of 11%

From a high of 7.62% in mid-June, yield on the Indian 10-year bond declined to 7.19% at the end of August. Following its off-cycle repo rate increase of 40 basis points in May, the Reserve Bank of India (RBI) hiked the policy rate by 50 bps each in June and August.

Foreign portfolio investors (FPIs) increased their ownership in the company in the last quarter. The cumulative holding of category-I FPIs was 12.87% at the end of March quarter, up from 12.51% a quarter ago.Meanwhile, sequentially, insurance companies total holding in the March quarter dropped marginally. Insurance majors, including Life Insurance Corporation of India, cumulatively held 20.40% stake at the end of March quarter, against 20.44% a quarter ago

Akzo Nobel India, incorporated in the year 1954, is a Mid Cap company (having a market cap of Rs 10536.21 Crore) operating in Building Materials sector.

Asian Paints, incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 271740.73 Crore) operating in Building Materials sector.

India's top telecoms companies, including Reliance Jio, Vodafone Idea and Bharti Airtel, have appealed to the government for reduced levies, saying the sector requires more financial relaxation and support for viability and sustenance. Through the Cellular Operators Association of India, the industry is seeking a reduction in licence fees, from 3% to 1% and a deferral of the universal service obligation levy of 5% until funds to the value of INR64,774 crore are exhausted. The telecom industry is predicted to have closed FY2023 with around INR6.3 lakh crore of debt (approx. $85bn).

Customer shift to large banks and rise in deposits creating new business opportunities, says K Krithivasan

Orders have surged 40% at Zepto, a top industry executive said, while two people associated with Swiggy said daily orders had jumped more than 25% for Instamart.

Resilience in U.S. core retail sales and a jump in inflation expectations have led investors to trim the amount of easing expected from the Fed later this year to around 55 basis points (bps).

A part of the message sent to delivery executives states that their registration with the platform was being terminated because of the dark store being shut down.

A research note from ICICI Securities adds that the tweak in the payout structure for delivery executives will help Zomato rein in costs.

Mazagon Dock Shipbuilders., incorporated in the year 1934, is a Small Cap company (having a market cap of Rs 14219.15 Crore) operating in Defence sector.

Bharat Dynamics., incorporated in the year 1970, is a Mid Cap company (having a market cap of Rs 18070.61 Crore) operating in Defence sector.

Bharat Electronics, incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 73682.57 Crore) operating in Defence sector.

The HDFC Bank share prices followed the overall weakness in the stock markets triggered by the rout in Infosys, which fell nearly 12% at 10 am. The 50-stock Nifty50 was trading at 17,613.95, down by 214.05 points or 1.2%.

ICICI Securities maintained a buy rating on Bharti Airtel with a target price of Rs 960. “The biggest disappointment for Bharti we have heard from investors is the lack of free cash flow (FCF) generation in the past, which has capped shareholder value creation,” the brokerage said.

Sanjay Agarwal has been reappointed for a period of three years, from April 19, 2023, to April 18, 2026. Also, Uttam Tibrewal has been reappointed as whole-time Director of the Bank for the next three years.

So, I guess it is a wait and watch mode as of now. But if you talk about digital transformation and the cloud migration tailwinds, that are pretty much intact.

Economists also focussed on considering growth in terms of long-term, short-term or medium-term growth.