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Nestle, HUL, Kraft Heinz, Tata, ITC, Nissin Foods, Orkla among those in fray for $1bn-$1.25 bn buyout. Non-binding bids expected in early May.

The block was implemented from the midnight of March 31 following which customers have not been able to transact with these cards, these people said.

A turn-of-year rally, spurred by odds of a less-aggressive Federal Reserve and Chinese growth, soon turned tenuous as global banking turmoil shook investor confidence. Those jitters caused developing stocks to pare an early gain, ending the quarter up just 3.5% about half the return of developed-market peers. EM dollar debt gained 1.7%, less than other global fixed-income segments.

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Stocks such as ONGC, Tata Steel, SBI Cards, UPL, HDFC Asset Management Company, and Tata Power, among others, are trading at more than 25% discount to their long-term average price to earnings (PE) ratio - a popular valuation measure. According to Bloomberg consensus estimates of analysts, many of these stocks could return over 20%.

After finishing CA, Gurgaon-based Tanmay Agarwal learnt two new skills - options trading and coding. He initially traded cash markets before moving to derivatives, which resulted in huge losses, prompting him to find a system in place, leading him to algorithmic trading. He now has over ten diverse trading portfolios with different strategies, risk, timing and rewards in a bid to achieve the same return with less risk. Agarwal believes risk management, position sizing and money management are critical to succeeding in the market.

When I was young, I wish somebody had told me about the common mistakes that investors often make. Reviewing the strategy is a potential chance to learn and grow by watching what has derailed our efforts. As we enter FY 23-24, it is a great time to make a resolution to avoid these common mistakes and stay aligned with our financial goals.

Indian stock markets will remain closed on April 4 and April 7 due to public holidays for Mahavir Jayanti and Good Friday. Moreover, the multi-commodity exchange too will be closed on April 4 till 5 pm and on April 7 for a full day. Last week markets ended FY23 on a strong note with nearly 2% growth, despite Nifty having a flat closing (-0.6%). The focus now remains on RBI’s policy meeting expected to take place later this week

benefiting immensely from this larger digitization trend. The sharp growth in services exports from Global Capability Centers (GCCs) is the case in point. GCCs are the captive units of multinationals set up in India to render research, professional, engineering and tech services.

The financial year 2023-24 comes with several regulatory changes affecting equity markets, mutual funds, and other schemes. The government has increased Securities Transaction Tax by 25% on futures and options contracts, which means an increase in STT on options and futures contracts. Income from debt mutual funds will now be classified as a short-term capital gain, which restricts LTCG benefits for investments beyond March 31, 2023.