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After five years, Suzlon Energy was able to report a positive profit after tax on an operational basis in Q2FY23. The company has undergone several restructurings with its lenders since FY18 due to the large debt pile-up.

An expert panel investigating the Adani Group following allegations of financial irregularities has submitted a report to India’s Supreme Court. It is not clear if the six-member committee, set up after claims by US research firm Hindenburg, reviewed all the concerns outlined by the top court in March. The group was asked to assess how to protect consumers better, if regulatory lapses existed, and the broader impact. The Securities and Exchange Board of India has also sought more time to conclude its probe.

Separately, SBI Cards and Payment Services is likely to conclude sales of five-year bonds worth around ₹800 crore next week. The bonds, rated AAA by CRISIL and ICRA, may bear a rate of interest of 7.85%, sources said.

Kotak Mahindra Bank will provide a ₹1,200 crore term loan at 16-17%, which will be used to repay debt raised from Goldman and Varde at 21%, the same person said.

​​The strong inflows more than made up for the $4.1 billion outflow in the first two months of 2023, eking out a $404 million net inflow for the calendar year so far.

​Hanging Man pattern is a one-day candlestick pattern in which there is a small red real body and lower shadow extending from the body and is formed at the top of an uptrend.​

​ Inverted Hammer pattern is a one-day candlestick pattern in which there is a small red real body and upper shadow extending from the body and is formed at the bottom of a downtrend.​

​New Long is a bullish indicator because it signifies the futures OI and price have increased.​

High-yield bonds are growing in demand among retail savers in India after the removal of indexation benefits on debt held beyond three years. Non-bank lenders are raising funds via the private placement market, with NBFC bonds initially privately placed and sold to large brokers who then sell them to retail savers. A relatively underpopulated corporate fixed deposit space, and the lack of non-convertible debenture issuance in the primary market, are prompting retail investors to turn to these private placement products. Private placement bonds have a face value of INR1 lakh ($1,344), compared to INR10 lakh a year ago.

​Aggressive New Short means the average traded quantity for 5 days along with cumulative Open Interest for the underlying stock has increased whereas the price has decreased.​