The move to cloud infrastructure can help brokers reduce costs, increase flexibility and scalability, and improve security and reliability. However, it is important for brokers to carefully evaluate their cloud provider options and ensure that they are complying with any relevant regulations and industry standards.

The Nifty Financial Services index is inside the weakening quadrant. However, some improvement is seen in its relative momentum. Besides this, Bank Nifty and PSU Bank indices are seen moving inside the weakening quadrant as well. The Nifty Metal, Media, Services Sector, Commodities, and Energy groups are inside the lagging quadrant. These groups are likely to relatively underperform the broader markets.

Buybacks are crucial for shareholders. If done correctly, a buyback minimizes overall equity capital, increasing others' stake in the company. But if the buyback is not done at the right price, it does not become value accretive for the shareholders and benefits only those who exited from the company.

"We have been positive on a few pockets. I feel that when we talk about the banking stocks as a universe, the earnings were quite good and there was visibility for Q4 as well. The credit growth numbers are also coming up also quite strong. My sense is that banking is one sector investors can look at."

The three-day initial public offering (IPO) will close on April 6, and the bidding for anchor investors will open on March 31, according to the red herring prospectus (RHP).

Silver has also managed to cross back above that 70,000 mark. That is also one of the other asset classes which are showing signs of momentum returning. When support shifts higher, it is a sign that a new trend is emerging for the asset classes.

The exchange had introduced futures and options contracts on the Nifty Midcap Select index on January 24, 2022, following approval from market regulator Securities and Exchange Board of India (SEBI).

For an investor, a stop loss doesn’t make sense for the most part, because the idea is to hold for a long-time frame, which usually makes up for errors in stock selection or short-term collapse in prices.

Banking sector fears continue to haunt risky assets. In the latest moves, Deutsche Bank AG shares slumped on Friday and the German lender’s credit-default swaps surged amid wider concerns about the stability of the banking sector.

Historically as well as statistically, it has been observed that long-term investing creates wealth. Warren Buffet, one of the greatest investors of all time, quoted, “Someone’s sitting in the shade today because someone planted a tree a long time ago.”

Through the IPO, the company plans to raise about Rs 130 crore, of which Rs 58 crore will be used to repay loans availed by the company from scheduled commercial banks, and Rs 71 crore for funding working capital requirements, besides general corporate purposes.

The Union Budget focussed on the right thing by giving more money in the hands of lower income groups and focussing on infrastructure spending rather than giving freebies.

Meanwhile, Prudent Corporate Advisory, TD Power Systems, Aarti Drugs, Valiant Organics, TTK Healthcare Ltd, Anupam Rasayan and Krsnaa Diagnostics registered double-digit weekly gains.

If you are keen to learn astrology, you can always apply it in the stock market and in cryptocurrencies as well or for that matter in any asset class. International market, gold, silver, anything. You name it, you can have it. This is my edge, and the main edge is only planetary cycle which I have decoded using the last three years of knowledge.

At this point in time, Nifty is still holding on to the support of the lower end of a falling channel. This channel holds importance because the index is trading inside this falling channel since it made an all-time high.

The key learning from the thousands of customers with whom I interacted with was that without a system, nobody can really make money in the long term. It is essential to have a framework for investing.

Investors are bracing for more banking sector volatility next week, after sharp declines in shares of European giants Deutsche Bank and UBS on Friday followed the collapse of Silicon Valley Bank and Signature Bank earlier this month. Upcoming U.S. data on consumer confidence and inflation could also sway markets.

The S&P 500 just capped its second straight up week, and while Treasuries have dealt body blows to short sellers, holding on through the worst volatility in four decades would’ve reaped sizable profits.

ODIs such as P-notes are an indirect route of investing in India for foreign funds that do not want to register with local authorities. In a P-note transaction, a bank, broker or custodian allowed to issue these derivatives buys the securities that the investor desires and issues P-notes against them.

"Increase in STT could impact the volumes in the F&O (futures and options) segment, especially from those high-frequency trades, jobbers, and hedgers who actively trade at a small tick price," said B Gopkumar, MD & CEO of Axis Securities. "Low volumes could likely increase the impact cost."

In separate appearances, three regional Fed bank presidents said that their confidence that the banking system was not facing a liquidity crisis is what led to the decision to implement a 25 basis point policy rate hike on Wednesday.

Wealth managers said investors will now increasingly consider fixed deposits and other debt instruments that have been offering better rates than several debt mutual funds.

On Friday, the Lok Sabha passed the Finance Bill 2023 with some amendments. According to the Bill, mutual funds having less than 35% assets under management in domestic equity will lose the indexation benefit and the returns will be taxed as short-term capital gains according to the tax slab of the individual.

Indiabulls Enterprises Ltd is another stock that will move from Stage II to Stage I of the long term ASM framework.

The shares were sold at an average price of Rs 762.55 per piece, taking the transaction value to Rs 105.41 crore.

"The Board of Directors of the Company, based on the recommendation of the Human Resources, Nomination and Remuneration Committee, at its meeting held on March 24, 2023, has designated Shri Srikanth Venkatachari (Joint Chief Financial Officer of the Company since 2011) as the Chief Financial Officer of the Company with effect from June 1, 2023," the release stated.

The retail portion of the OFS also received an overwhelming response, with the government getting bids for 14,50,924 shares against 11,70,357 shares on offer for the category.

Just a couple of weeks ago, threats to financial stability barely registered on the troubleshooting list for central bankers. Now they’ve rocketed toward the top. Powell and his peers say preventing a re-run of the inflationary 1970s remains priority number one. But the signal is shifting

India's foreign exchange reserves rose by USD 12.798 billion to reach USD 572.801 billion in the week that ended on March 17, as per the Weekly Statistical Supplement by the Reserve Bank of India. The bank said that foreign currency assets that contribute significantly to the reserves grew by USD 10.485 billion to USD 505.348 billion, while gold reserves rose by USD 2.187 billion to USD 44.109 billion. However, the country's total forex reserves have been decreasing due to the central bank's efforts to defend the rupee in the face of global pressures.

Banking stocks, including those of Deutsche Bank, dropped amidst concerns that regulators and central banks have not tackled the worst shock to the sector since the 2008 global financial crisis. The euro fell against the dollar, and bond yields and the costs of insuring against bank defaults rose despite policymakers' efforts at reassuring investors. While both U.S. and European banks’ stocks declined, Deutsche Bank experienced the most significant drop—losing over 12% of its value. As a consequence of the market turmoil, investors were looking for support from authorities worldwide to ensure a stable banking sector.

How will this change in taxation impact the derivatives market and who will be affected the most?

Banking stocks slid in Europe with Deutsche Bank and UBS Group hit hard by worries that the worst problems in the sector since the 2008 financial crisis have not yet been contained.

NPS is a voluntary low-cost investment plan designed to enable people to plan for their retirement. One can invest in this scheme through systematic savings during his/her working lifetime. It is also an effective way to save on tax payouts.

Physical gold dealers in India had to offer the biggest discounts in over a year to attract buyers who were deterred by record-high gold prices last week. There were concerns that festivities in Maharashtra and Karnataka would fuel the purchase of the commodity. In contrast, there was steady demand for gold in China, with premiums going down slightly as the banking crisis continued. Market uncertainty has given investors reason to rely on safe-haven assets, keeping the demand sturdy worldwide.

The Dow Jones Industrial Average rose 0.11%, the S&P 500 gained 0.17% and the Nasdaq Composite dropped 0.18%

Euro zone yields fell as investors anticipate fewer rate hikes from the European Central Bank, while lingering banking stability concerns boost demand for safe-haven assets. German 10-year government bond, the bloc's benchmark, fell 10 basis points, to 2.08%, while the German two-year yield, which is most sensitive to policy rate expectations, fell 14 basis points to 2.34%. Investors have been trying to balance the expectation for a quick end to the Federal Reserve's monetary tightening cycle against remarks from ECB hawks calling for more rate hikes. Market focus will turn to next week's euro preliminary inflation reading for March, which may boost future rate hike expectations.

So far this week, gold prices have surged almost 2.50 per cent on the back of safe haven demand and traders expect US central bank may pause its rate hike cycle, Gandhi said.

The recent fall has faded hopes of sustained recovery, and we might again end up seeing range-bound moves in the index. Needless to say, the major support is intact at 16,800 in Nifty. We thus reiterate our view to limit positions and maintain positions on both sides.

The reason is outside observers usually look at headline numbers of trading volumes and assume that broking is a huge opportunity with a large revenue pool that will grow forever. In reality, it's a cyclical business that tends to revert to the mean, the billionaire startup founder said.

The Nifty Pharma index closed 0.22 per cent down at 11755.35.