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This will keep the rates at elevated levels for the first half of the FY 2023-24 as markets at the current levels are not pricing in the risk of liquidity fading away with credit offtake and RBI’s support being limited in the context of a liquidity withdrawal stance.

According to Trendlyne data, HDFC Bank, Federal Bank, HUL, TCS and Infosys have the most number of target price upgrades

State-owned LIC, which is amongst the largest institutional investors in Adani stocks, owns stake in 7 Adani Group stocks. Top bets include Adani Total Gas, Adani Ports and Adani Enterprises. In the last seven trading sessions, the PSU insurer has lost Rs 38,509 crore as the value of its investments decreased to Rs 42,759 crore

The market capitalisation (mcap) of HDFC Bank advanced Rs 23,900.84 crore to Rs 9,25,188.45 crore and that of Bharti Airtel climbed Rs 10,432.23 crore to Rs 4,42,015.45 crore.The valuation of Hindustan Unilever went up by Rs 7,988.61 crore to Rs 6,21,678.35 crore and that of HDFC gained Rs 6,503.28 crore to Rs 4,92,313.07 crore.

“I have been bullish particularly on the PSU banks which were quoting at one time of book because there is definitely opportunity for value pickup and rerating for some of these PSU banks. AMing the PSU banks. SBI is in a different category but beyond that also, there are some banks that merit attention.”

The relative outperformance of the Sensex vis-à-vis Nifty50 can majorly be attributed to the fact that Adani Enterprises and Adani Ports form a part of the Nifty 50 while they are not the constituents of the Sensex index.With both these stocks witnessing a massive sell-off in the week gone by, the outperformance in the benchmark indices is more to do with stock-specific action on a shorter time frame rather than any other anomaly.

“We believe that the larger IT companies which are trading at valuation which are more favourable in terms of long-term average levels appear to be better placed than midcap IT. where you still have client concentration. you have certain sectors or verticals which are impacted because of slowdown and slower discretionary spends."

That Bitcoin posts large moves is nothing new. But the token, like all other cryptocurrencies, trades around the clock, every day of the week, counter to most other assets, which tend to trade Monday through Friday on regulated exchanges. And it’s been seen in crypto markets in the past, with Bitcoin shooting higher — or posting big down days — while other assets are taking a rest from work.

The jobs report "was an incredible surprise and it raises a lot of questions about what the Fed is going to do next," said Kristina Hooper, chief global market strategist at Invesco. "What I think is causing some of

The flagship firm of Indian billionaire Gautam Adani’s empire had planned the public note issuance for January, working with Edelweiss Financial Services Ltd., AK Capital, JM Financial, and Trust Capital, Bloomberg had reported in December. But activity has now stopped, according to the people, who asked not to be identified because the matter is private.