Rupak De, Senior Technical Analyst at LKP Securities, warns that Nifty is showing signs of bear control after a 2.2% weekly slide. With the IT sector under pressure and high-flyers like Kaynes stumbling, De highlights critical support at 23,500. Amid the volatility, he identifies selective buying opportunities in Marico, Arvind, and Triveni Turbine for the week ahead.

Edited excerpts from a chat:

Nifty gave up gains made in the previous two weeks to end 2.2% lower but showed support at 23,260 level. How would you trade the index in the week ahead?

On Friday, Nifty found resistance at the previously acted support that turned a resistance during the week. Besides, the index found resistance at 20EMA on the daily chart and around 50EMA on the hourly chart, closing about 200 points off the day’s high. On the hourly chart, the RSI is in bearish crossover and falling.

On the daily chart, a set of lower tops could be seen which suggests a rise of weakness in the market and this can be considered as initial signs of bears taking control in the market pushing bulls away.

A support is placed at 23500, once Nifty moves below 23500 decisively a significant fall might come in the market taking the index towards 23150 and may be lower. On the higher end, 23800 continues to act as crucial resistance for the short term. As long as it remains below this resistance of 23800 the bears might have upper hand on the market.

Nifty IT index tumbled another 6%. Do you see chances of any relief rally?

Indian IT witnessed a sharp decline during the week, dragging the index below the 28000 mark. On the daily chart, the index has been consistently forming lower tops and lower bottoms, indicating a descending price structure and a weakening trend.
The overall sentiment in the sector remains bearish, and any short-term rise is likely to attract selling pressure. Although IT stocks witnessed some buying interest on Friday, a complete trend reversal cannot be confirmed based on a single day’s recovery. The broader chart structure continues to remain weak, suggesting that further correction in the sector is still possible.

Kaynes was the top loser in the week and fell 27%. What are the charts indicating at: buy the dip or more pain ahead?

The stock has broken below its previous low, confirming a weakening trend, while the recent recovery attempt failed to sustain. On the weekly chart as well, the stock has slipped below its earlier swing low, indicating the possibility of a deeper correction from current levels.

Considering the overall chart structure, buying on dips appears risky at this stage. It would be prudent to avoid fresh buying in the stock for now and instead look for better opportunities in relatively stronger counters within the market.

HFCL shares have surprised by more than doubling in just 3 months. What would you recommend for those who missed the rally?

The stock has witnessed a spectacular rally over the last few months, surging nearly 124% in just one and a half months. Although the overall trend continues to remain bullish, entering the stock after such a sharp move appears highly risky, not only in this counter but in any stock that has rallied aggressively in a short span of time.

The better strategy at this stage would be to avoid chasing the rally and wait for a meaningful dip before considering any fresh entry. Alternatively, investors may look for opportunities in other stocks that offer a more favourable risk-reward setup.

Give us your top trading ideas for the week.

Buy Marico | CMP: 841 | SL: 824 | Target: 880

The stock, after witnessing a healthy rally, is currently consolidating on the daily chart, indicating strength within the ongoing uptrend. Prices continue to sustain above key moving averages, which reflects a positive underlying structure. Besides, the RSI remains in a bullish crossover and is trending higher, signalling improving momentum.

In the short term, the stock may move towards 880, while immediate support is placed at 824. A breach below this level could drag the stock into a broader consolidation phase.

Buy Arvind | CMP: 451 | SL: 429 | Target: 495

The stock has given a swing high breakout on the weekly chart, indicating rising bullishness in the counter. In addition, the weekly 20 EMA has moved above the 50 EMA, confirming a bullish crossover and strengthening the positive trend structure. The RSI is also witnessing an ascending formation, suggesting improving momentum.

The overall trend appears strong, with the potential for further upside towards 495. On the downside, support is placed at 429.

Buy Triveni Turbine | CMP: 607 | SL: 590 | Target: 642

The stock has given a consolidation breakout on the daily chart, signalling strengthening bullish momentum. Besides, the weekly 50 EMA has crossed above the 200 SMA, indicating a positive long-term trend reversal. The RSI has also entered a bullish crossover on the daily timeframe, supporting the improving momentum outlook.

The trend structure remains favourable, with the stock having the potential to move towards 642 in the near term. On the downside, support is placed at 590.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

When most people think of Warren Buffett, they picture timeless investing wisdom and decades of market-beating returns. Yet, in a revelation that often surprises many, Buffett says his greatest investments weren’t stocks, bonds, or even businesses.

In his 2010 annual letter to Berkshire Hathaway’s shareholders, Warren Buffett called his home “the third best investment” he ever made, after his two wedding rings. The market expert still lives in the five-bedroom, 6,570 square-foot stucco home he bought for $31,500 in Nebraska, US, back in 1958.

What tops Buffett’s list of best investments?

Buffett got married twice. The American investor married Susan Thompson back in 1952. After Susan’s death in 2004, he married Astrid Menks in 2006. The billionaire has repeatedly claimed his wedding rings and marriage licenses are the best investments in his life.

Benjamin Graham’s book ‘The Intelligent Investor’

Later in 2013, Buffett, in his annual letter, said that his mentor Benjamin Graham’s book ‘The Intelligent Investor’ was one of his top investments. “I can’t remember what I paid for that first copy of The Intelligent Investor. Whatever the cost, it would underscore the truth of Ben’s adage: Price is what you pay, value is what you get. Of all the investments I ever made, buying Ben’s book was the best (except for my purchase of two marriage licenses),” he wrote.
Back in 2000, Buffett told a group of MBA students at Columbia Business School that knowledge is like compound interest. “Read 500 pages like this every day. All of you can do it, but I guarantee not very many of you will do it,” he said, as quoted by CNBC.

Who was Benjamin Graham?

Buffett has repeatedly credited the book The Intelligent Investor by Benjamin Graham, whom he calls the father of value investing. Graham championed a disciplined approach centred on buying companies trading below their intrinsic value—businesses that offered high dividend yields, low price-to-earnings (PE) multiples, and strong long-term potential despite being overlooked by the market. His philosophy shaped Buffett’s own investment framework and continues to influence value investors worldwide.

He also taught investing for many years at Columbia Business School, where one of his students was the now-billionaire Warren Buffett.

Buffett’s frugal lifestyle

Buffett is known for his strikingly simple lifestyle and philanthropic values. The billionaire investor once treated fellow billionaire and Microsoft co-founder Bill Gates not at a fancy restaurant, but at his favourite McDonald’s — and that too using coupons.

Notably, Buffett is a regular at McDonald’s. While the billionaire is often asked about the ‘secrets’ behind his long and successful career, one lesser-known detail is how the stock market plays a role in his daily breakfast routine.

“One of the good things about this five-minute drive is that there’s a McDonald’s on the way,” he once revealed in a documentary, as cited by Business Insider. He explained how he decides which breakfast sandwich to buy. Every morning, Buffett tells his wife, Astrid, the exact amount of change to place in the centre cup holder of his car—typically $2.61, $2.95, or $3.17.

“When I’m not feeling quite so prosperous, I might go with the $2.61,” Buffett said. “That’s two sausage patties, which I put together, and then I pour myself a Coke. $3.17 is a bacon, egg, and cheese biscuit. But if the market’s down this morning, I’ll pass on the $3.17 and go with the $2.95.”

After buying his McDonald’s breakfast, Buffett eats it at his desk with a Coke. While prices have likely risen since the documentary was filmed, the logic remains the same.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

The Securities and Exchange Board of India (Sebi) on Friday eased onboarding norms for foreign portfolio investors (FPIs) by simplifying PAN allotment requirements, following operational challenges under the new Income-tax Rules, 2026.

The regulator said the Central Board of Direct Taxes (CBDT) has issued clarifications to facilitate smoother issuance of PAN for FPIs after concerns were raised by market participants over revised PAN application forms notified in March. Sebi said it had actively engaged with CBDT to address the compliance hurdles faced by overseas investors.

Under the new PAN application framework, additional fields such as taxpayer identification number (TIN), and details and documents of representative or authorised representatives were introduced, while some previously optional fields-including mobile numbers-were made mandatory, creating procedural difficulties for FPIs. Following discussions, CBDT has now issued a set of relaxations.

As part of the changes, the authorised signatory named in the common application form (CAF) can be treated as the authorised representative for PAN purposes without requiring separate supporting documents.

“In this regard, the liability of the AS (authorised signatory) named in the RA/AR field is solely limited to the purpose of applying for PAN,” Sebi said in a statement. The regulator added that where contact details of the authorised signatory are unavailable, FPIs can provide their own address, email and phone details in the application.

In cases where PAN, Aadhaar or passport details of authorised signatory are unavailable, FPIs can furnish their FPI registration number. CBDT has also allowed FPIs from jurisdictions where TIN or equivalent identification numbers are not issued to use a placeholder value of ‘0000000000’ in the relevant field.
Additionally, where a mobile number is not available, a landline number can be provided as an alternative, Sebi said. “These resonate with continuous efforts towards providing ease of onboarding to FPI,” the regulator said. FPIs use a single common application form for registration with Sebi, opening bank and demat a/cs, and obtaining PAN.

The Securities and Exchange Board of India (Sebi) has allowed infrastructure investment trusts (InvITs) to use fresh borrowings that exceed 49% of the value of their assets for funding capital expenditure, major road maintenance and refinancing of debt. The move is aimed at providing flexibility to infrastructure asset owners. Sebi said InvITs can raise additional debt for capital expenditure aimed at enhancing asset performance or increasing capacity. Such borrowings can also be used for major maintenance expenditure related to road projects.”Major maintenance expense shall mean expenditure incurred on maintenance of road projects which is not routine maintenance and is in accordance with the obligations and requirements specified in the concession agreement,” Sebi said in a circular. In a separate circular, Sebi said SPVs held by InvITs would be allowed to retain their SPV status even after underlying concession agreement for an infra project ends or is terminated.

The National Bank for Agriculture and Rural Development (Nabard) withdrew a planned three-year bond sale on Friday on weak investor demand that meant higher borrowing costs, market participants told ET. The lender had sought to raise ₹7,000 crore through the issuance, which included a ₹5,000 crore greenshoe option. However, bids worth only ₹3,030 crore were received. Dealers said Nabard would have had to pay around 7.79% even to raise base ₹2,000 crore amount, while accepting full set of bids received would have pushed the borrowing cost to 8.04%.

“Most market participants know that Nabard would not accept a rate as high as 8%, so the bidding automatically stopped at about ₹3000 crore,” said a corporate bond expert at a primary dealership.

Nabard, in April, had raised ₹4,250 crore at 7.49% for three years, and ₹7,265 crore at 7.44% for three years. Over this week, Nabfid raised ₹4,000 crore at 7.74% for 10 years, Mahindra and Mahindra Finance raised ₹650 crore at 7.90% for two years, Bajaj Finance raised ₹1,822 crore for five years and Bajaj Housing Finance raised ₹955 crore for 7.90%.

Q1: 2026-05-14 Earnings Summary

EPS of $0.10 beats by $0.04

 | Revenue of $333.44M beats by $17.42M

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NEW YORK — The New York Times Connections puzzle No. 1070 delivered another clever mix of categories Saturday, challenging solvers to group 16 words into four thematic sets as players celebrated or lamented their results across social media. Many achieved perfect games, while others were tripped up by the tricky purple category involving clever homophones.

The daily brain-teaser, which tasks players with linking words by shared connections across yellow (easiest), green, blue and purple (hardest) categories, continues to captivate millions. Released at midnight Eastern time, Saturday’s edition featured basketball franchises, famous painters, types of birds and playful number homophones that sparked lively discussion online.

Today’s NYT Connections Answers: May 16, 2026 (#1070)

Yellow (Easiest): NBA Teams — LAKERS, CELTICS, KNICKS, HEAT Green: Famous Painters — PICASSO, VAN GOGH, MONET, DA VINCI Blue: Types of Birds — ROBIN, SPARROW, EAGLE, OWL Purple (Hardest): Homophones for Numbers — WON (one), TOO (two), FOR (four), ATE (eight)

Solvers who spotted the NBA teams early often cruised through the green category, with familiar franchises providing an accessible sports-themed group. The blue bird category offered another straightforward win for nature enthusiasts, while the painters group delighted art lovers with recognizable names from art history.

Why Today’s Puzzle Proved Tricky

The purple category emerged as the day’s biggest spoiler. Homophones for numbers — one, two, four and eight — disguised as WON, TOO, FOR and ATE left even veteran players scratching their heads. Social media erupted with reactions ranging from groans to admiration for the clever wordplay. “That purple category was brutal,” one X user posted, capturing the sentiment shared by thousands. Others praised the puzzle’s balance of accessible and challenging elements.

The blue category featuring painters delighted history and art buffs, pulling iconic names that tested cultural knowledge. Yet many admitted they overthought connections, initially grouping birds with other animal themes before spotting the clearer links.

Hints That Helped (and Didn’t Spoil)

For players still working the puzzle or preserving streaks, subtle hints circulated widely: one category involves professional basketball teams, another honors renowned artists, a third features common feathered creatures, and the toughest plays on phonetic spellings of numbers. Starting with obvious sports or animal words often unlocked the board quickly.

Connections’ Explosive Popularity in 2026

Since its 2023 debut, Connections has become a cornerstone of The New York Times Games portfolio alongside Wordle. With an estimated 10-14 million daily players, the game fosters community through shared emoji grids and competitive streaks. NYT reports continued strong growth into 2026, fueled by mobile accessibility and social sharing features.

Unlike traditional crosswords, Connections rewards lateral thinking over pure vocabulary. Categories range from straightforward synonyms to cultural references, puns and rebus-style twists, keeping the experience fresh. Puzzle editor Wyna Liu and her team craft each grid to balance difficulty while avoiding excessive obscurity.

Strategies for Mastering Connections

Top solvers recommend scanning for obvious clusters first — proper nouns, repeated themes or strong synonyms. Grouping basketball teams or bird names often provides momentum. Avoid premature submissions; with only four mistakes allowed, strategic guessing preserves lives.

Advanced players track category difficulty progression: yellow typically features direct synonyms or clear themes, while purple leans on wordplay, pop culture or homophones. Tools like elimination help — once three groups lock, the final four words must connect.

Community favorites include starting with capitalized words (often names or places) and noting repeated letter patterns. For sports-heavy days like today, recalling NBA teams accelerates solves. Language enthusiasts shine on artistic or phonetic categories.

Global Appeal and Seoul Players

In South Korea, Connections serves as both entertainment and English-learning tool for students and professionals. Seoul commuters tackle puzzles during subway rides, with many incorporating solutions into vocabulary notebooks. The NBA category resonated strongly given the league’s popularity in Asia.

International time zones create rolling conversations, with Asian players often posting solutions while Western audiences sleep. Hashtags like #NYTConnections trend daily, building a global virtual water-cooler.

Cognitive Benefits and Cultural Impact

Beyond fun, regular play sharpens pattern recognition, vocabulary and flexible thinking. Educators integrate Connections into classrooms to teach categorization and lateral problem-solving. Studies link word games to improved cognitive resilience in aging populations.

The game’s shareable nature strengthens social bonds. Families compete over breakfast, coworkers share streaks, and online communities celebrate “perfect” or “one-away” results. Viral moments, like today’s number homophones, amplify engagement.

What’s Next for NYT Games

The Times continues expanding its puzzle ecosystem. Connections: Sports Edition draws dedicated fans, while companion apps and potential television adaptations loom. As artificial intelligence influences game design, human-curated cleverness remains Connections’ secret sauce.

Tomorrow’s puzzle No. 1071 awaits, promising new surprises in the ever-evolving word grid. Whether today delivered a flawless victory or a frustrating purple stumble, the ritual resets at midnight.

For those seeking more, NYT Games offers Wordle, Spelling Bee, Letter Boxed, Tiles and the classic Crossword. Play daily to build streaks, expand minds and join millions in the simple joy of finding connections.

In an age of information overload, these concise daily challenges offer welcome focus — 16 words, four groups, endless satisfaction. Congratulations to today’s perfect solvers, and better luck tomorrow to those who tangled with the purple.

ANAHEIM, Calif. — Los Angeles Angels shortstop Zach Neto turned a hard-hit line drive from Shohei Ohtani into one of the most electrifying defensive plays of the 2026 season, starting a rare triple play that left the Dodger Stadium crowd stunned and quickly went viral across social media during the heated Freeway Series rivalry matchup.

The Angels shortstop fielded Ohtani’s sharp liner in the fifth inning, quickly stepping on second base for one out, firing to first to retire the runner, and completing the triple play when the batter-runner was tagged out after a chaotic scramble at first base. Replays from every angle captured the precision and speed of Neto’s actions, turning what looked like a routine single into one of the season’s most memorable defensive gems.

The play, highlighted by MLB’s official account on X with the caption “Every angle of this triple play started by Zach Neto on a line drive from Shohei Ohtani 😮‍💨,” has already amassed over 1.1 million views within hours. Fans flooded the replies with praise for Neto’s instincts and reactions to Ohtani’s visible frustration after the out.

Historic Defensive Masterpiece

Triple plays are among the rarest events in baseball, occurring roughly once every 1,500 games. Neto’s execution was textbook yet extraordinary given the velocity of Ohtani’s 110 mph line drive. The 24-year-old shortstop, already known for his flashy defense, reacted instantly, pivoting and throwing with pinpoint accuracy while the Dodgers runners scrambled.

Ohtani, the two-way superstar in his second season with the Dodgers, had crushed the ball and appeared headed for a hit before Neto’s lightning-quick response. Replays showed Ohtani briefly pausing in disbelief before jogging back to the dugout. The moment added another chapter to the intense Dodgers-Angels Freeway Series rivalry, which has drawn massive crowds and national attention this weekend.

Angels manager Ron Washington called the play “one of the best I’ve ever seen” in his post-game comments. “Zach has the instincts, the arm, the feet — everything you want in a shortstop. That was special.”

Neto’s Breakout Season Continues

The triple play capped an impressive defensive showing for Neto, who has emerged as one of the American League’s top young shortstops. Drafted in the first round in 2022, the Arizona State product has steadily improved his range, arm strength and decision-making. His performance Thursday night further solidified his reputation as a highlight-reel defender capable of changing games with his glove.

Ohtani, who leads the majors in several offensive categories this season, was denied what would have been another highlight-reel hit. The Japanese superstar has been the focal point of the rivalry series, drawing sellout crowds and intense media coverage whenever he steps to the plate against his former team.

Rivalry Weekend Adds Drama

The Dodgers-Angels series, marketed as #RivalryWeekend, has lived up to the hype with strong pitching, big hits and now this defensive gem. The Angels, despite being in rebuilding mode, have used the series to showcase young talent like Neto against their crosstown rivals loaded with superstars.

Dodgers manager Dave Roberts acknowledged the play’s brilliance while noting his team’s resilience. “You tip your cap to a play like that,” he said. “It was a great defensive effort by Zach. We just have to move on and keep swinging.”

The triple play shifted momentum in a tight game, energizing the Angels dugout and crowd while quieting the large contingent of Dodgers fans in attendance. Social media reactions poured in immediately, with users praising Neto’s athleticism and joking about Ohtani’s brief moment of confusion.

Viral Moment Captures Baseball’s Magic

MLB’s decision to post multiple angles of the play amplified its reach. The video shows Neto’s quick feet, accurate throw and the chaotic pile-up at first base where the runner lost his footing. Fans compared it to historic defensive plays, with some calling it one of the best triple plays in recent memory.

The moment has been shared widely by baseball accounts, highlight channels and even non-sports fans drawn to the athletic brilliance. Comments ranged from admiration for Neto’s skill to humorous takes on Ohtani’s reaction, with many noting how baseball can produce magic in an instant.

This type of play underscores why baseball remains compelling despite its slower pace. A single defensive gem can shift momentum, energize a stadium and create lasting memories that fans revisit for years.

What It Means for Both Teams

For the Angels, the play provided a highlight in what has been a challenging rebuilding year. Neto’s emergence as a star defender offers hope for the future as the franchise develops young talent around veterans.

The Dodgers, despite the defensive gem against them, remain one of the strongest teams in the National League. Ohtani and the rest of the star-studded lineup will look to bounce back in the series, using the rivalry games as motivation heading into the later part of the season.

Both teams will play again Friday and Saturday in what promises to be more high-stakes baseball between crosstown rivals. The triple play will likely be replayed often during broadcasts, serving as a reminder of the defensive excellence on display.

Broader Impact on MLB

Plays like Neto’s triple play help keep baseball relevant in a highlight-driven sports landscape. MLB has leaned into social media and short-form video content to showcase such moments, growing the sport’s digital footprint.

The Angels-Dodgers rivalry, one of the fiercest in baseball, benefits from moments like this that transcend box scores and create shareable content. Fans from both sides can appreciate elite defense regardless of team allegiance.

As the season progresses, Neto will look to build on this highlight while Ohtani continues his pursuit of historic offensive numbers. Their paths may cross again in future rivalry series or even All-Star Games, adding layers to an already compelling young career versus established superstar narrative.

For now, Zach Neto’s triple play on Shohei Ohtani stands as the defining moment of the early Freeway Series, a flash of brilliance that reminded everyone why baseball can still produce unforgettable theater on any given night. The clip will undoubtedly be replayed countless times, cementing its place among the season’s best defensive highlights.

The baseball world will be watching to see if more magic unfolds in the remaining games of this heated rivalry weekend.