The Indian equity markets experienced a downturn on Tuesday, with Sensex dropping 693 points, driven mainly by HDFC Bank's anticipated lower inflows due to MSCI adjustments. Other major contributors to the decline included SBI, ITC, Tata Motors, and Bajaj Finance, resulting in a significant shrinkage in overall market capitalisation.

Signature Global reported a robust 63% CAGR in pre-sales from FY21 to FY24, fueled by the expansion of projects under execution and a shift towards premium offerings. Motilal Oswal anticipates that this strong pre-sales growth will significantly accelerate the company’s operations across key metrics such as cash flow, revenue, and profitability. This, in turn, is expected to bolster confidence in the company’s execution capabilities and future growth prospects.

Shares of Inox Wind rallied 35% in two days, making a new all-time high of Rs 237 in Tuesday’s session on BSE after the company on Friday announced its Q1 results wherein it turned profitable on a YoY basis.

The stock made its debut at Rs 625 on the BSE, showing a premium of Rs 160 or 34% above the IPO price of Rs 465. On the NSE, it was listed at Rs 651, representing a 40% premium. This listing exceeded expectations, as shares had been trading at a grey market premium (GMP) of 18% over the issue price.

While there is volatility in the markets, the underlying sentiment is still bullish. At this point of time, the macro picture is indicating that if there is no major problem which comes from global markets, there are greater chances of the Indian market staying under the control of bulls. While continuing to stay bullish, the only thing which investors need to take care of is that because valuations are not cheap, they should be careful in selecting the stocks and rather than buy on “ Tips”. Some homework should be done in terms of looking at what is the business of the company track record of promoters, and whether the company has been paying dividends or not. By putting these checks and balances, not only one increases the probability of buying better stocks but also it reduces the drawdown in a volatile market.

As a result of this inclusion, RVNL is expected to attract passive fund inflows amounting to $219 million, while Vodafone Idea may receive an estimated $278 million, according to projections by the domestic brokerage firm Nuvama Alternative & Quantitative Research.

In July, only a small group of 8 PMS schemes reported negative returns, notably including Capitalmind's Adaptive Momentum fund led by Deepak Shenoy. On the brighter side, star fund manager Shyam Shekhar's ithought smallcap fund Vrddhi saw impressive gains of over 10%, while his multicap fund Solitaire also performed well with a 6.7% increase.

Pace 360 launched the Tresor Smart Alpha fund, an innovative ETF-focused PMS strategy targeting undervalued sectors of India's economy. The fund seeks to provide high returns with reduced risk through diverse ETF investments, using macroeconomic indicators to adjust allocations dynamically and mitigate risks during market fluctuations.

Blue-chip equity indices, Sensex and Nifty were lower on Tuesday, weighed by a fall in top private lender HDFC Bank. However, six midcap stocks from the Nifty200 index reached new 52-week highs in today's trading session. Here's the list:

MSCI unveiled the changes for its August 2024 rejig, adding 27 new stocks to the Smallcap Index. Notable inclusions are Bandhan Bank, Go Digit General Insurance, Protean eGov Technologies, Paras Defence and Space, and Aditya Vision.

Investors closely monitor the investment portfolios of top investors on Dalal Street. In this regard, ETMarkets has chosen to examine the holdings of renowned investor Ashish Kacholia. Recent data for the June '24 quarter reveals that Kacholia has publicly disclosed his investments in around 37 stocks, with a combined value of approximately Rs 3026 crore as of August 12. It's important to note that this list specifically includes companies where Kacholia holds a stake exceeding 1%, although it may not cover all of his investments."Analysis indicates that 23 of these 37 stocks have achieved double-digit returns so far in CY24. Among them, 12 stocks have risen by over 50%, and four have turned into multibaggers this year. (Data Source: ACE Equity)

Japan's Nikkei soared by 3.5%, driven by tech stock gains and a weaker yen following a public holiday. Key players like Tokyo Electron, Advantest, Sony Group, and Toyota Motor saw significant upticks. The yen's fall to 147.64 per dollar was a key factor. Attention now turns to upcoming U.S. economic data releases.

Asian shares exhibited a mixed performance with Japan's Nikkei 225 rising 3.2% and the Shanghai Composite falling 0.4%. Investors reacted positively to the stabilizing yen and tech sector gains. Meanwhile, upcoming U.S. inflation and retail data, along with Japan's GDP report, are anticipated to impact global market dynamics.

The trading community has not liked all the proposals because it may decrease the volume of the futures and options segment and create barriers for retail traders to participate

Ola Electric's shares surged 71% in just three days after its lackluster debut, contrary to concerns raised by its pre-listing GMP. Experts emphasized considering company fundamentals, market conditions, and investor sentiment. Ola holds a 35% market share in electric two-wheelers, attracting bullish investor outlook towards the booming EV sector.

A short buildup is when there is a rise in open interest and volumes along with a decrease in the price of the underlying stock in the Futures and Options segment. Short buildup means more people are expecting the prices to go down and creating short positions. In Tuesday's trading session, five stocks witnessed a build of fresh short positions. Here's the list:

Goldman Sachs initiated coverage on Honasa Consumer (Mamaearth) with a 'Buy' rating, seeing a 26% upside potential. Shares rose 5% post-announcement. The brokerage highlighted India's beauty industry as a multi-year growth driver, predicting revenue and margin improvements by FY30, aided by retail expansion and new brand profitability.

LIC’s share by value in companies listed on NSE decreased to 3.64% as of June 30, 2024, from 3.75% as of March 31, 2024, according to primeinfobase.com, an initiative of the PRIME Database Group. During Q1 of FY25, LIC adjusted its holdings in several stocks. Key additions included Dalmia Bharat, PI Industries, and LTIMindtree, while the insurer trimmed its stakes in Voltas, Tata Power, and Hero MotoCorp. Here is a list of 10 stocks that LIC bought and sold in Q1 of FY25, according to PRIME Database report:

Adani Group stocks rallied up to 6% following MSCI's decision to lift previously imposed restrictions due to Hindenburg's allegations. MSCI announced the implementation of index review changes from August 2024, which provided relief to Adani. Despite accusations against Sebi chief Buch, the market response was muted, with Sensex and Nifty ending marginally lower.

Ola Electric Mobility's shares surged 71%, reaching Rs 130 from the listing price of Rs 76, within three days. The market cap exceeded Rs 51,000 crore. The board's first post-listing meeting is set for August 14 to announce Q1 results for FY 2025. Caution advised regarding reliance on GMP for investments.

Sensex and Nifty opened marginally lower on Tuesday as HDFC Bank faced expected lower foreign inflows due to a staggered weightage adjustment in a crucial emerging markets index. Sensex declined by 78 points, while Nifty50 rose slightly by 21 points. HDFC Bank shares fell over 2% despite a weightage increase in the MSCI index.

UPL Ltd shares, which fell over 10% from their September 2023 highs, have shown a promising rebound after retesting their 200-day moving average. Experts advise short-term traders to consider buying, anticipating a rise above 600 levels. The stock's current position above key moving averages signals a positive outlook for investors.

Brainbees Solutions, the parent company of FirstCry, made a notable debut on the stock exchanges, with shares listing at Rs 651 on NSE, representing a 40% premium. The IPO saw a subscription of over 12 times. Proceeds will be used for expanding stores, investing in subsidiaries, and marketing initiatives.

Unicommerce shares debuted strongly on both the NSE and BSE stock exchanges, listing at over 100% premium to their issue price. The company's IPO, entirely an offer for sale of 2.56 crore shares, was heavily subscribed. Despite competitive pressures and high valuation, analysts see the company's strong market position and growing client base as positive indicators.

MSCI has made an exception by raising with lower adjustment factor, leading to an inflow of $1.8 billion, equivalent to 93 million shares, with an impact of about 4.5 days in August Rejig.

Sensex and Nifty opened marginally lower on Tuesday as HDFC Bank faced expected lower foreign inflows due to a staggered weightage adjustment in a crucial emerging markets index. Sensex declined by 78 points, while Nifty50 rose slightly by 21 points. HDFC Bank shares fell over 2% despite a weightage increase in the MSCI index.

MSCI stated it will lift the freeze on Adani stocks from the August 2024 Index Review. This will involve updates in the Number of Shares, Foreign Inclusion Factor, and Domestic Inclusion Factor for the Adani Group. Regular corporate event implementations will commence on September 2, 2024. MSCI continues to monitor Adani Group and associated securities.

Ola Electric's stock price increased by 44% two days after its market debut. The surge followed the company's notable 35% share in the electric two-wheeler market. Analysts highlighted that while GMP offers a market sentiment snapshot, it is not a definitive indicator of IPO performance. Investors remain optimistic about the green mobility sector.

The long-awaited weightage increase of HDFC Bank will be happening in the month of August, however MSCI has made an exception by raising with lower adjustment factor, leading to an inflow of $1.8 billion, equivalent to 93 million shares, with an impact of about 4.5 days in August Rejig.

Chinese authorities took unusual steps to control the government bond market, instructing rural banks to reverse recent bond purchases. This intervention aimed to stabilize falling yields amid economic slowdown concerns. These actions have raised questions about long-term investor confidence and market transparency, crucial for international investments.

Citi, Jefferies, and Goldman Sachs released updated stock ratings for Avas Financiers, ONGC, and Honasa Consumer. Citi and Jefferies maintained buy ratings on ONGC with higher target prices. Goldman Sachs initiated coverage on Honasa Consumer with a promising buy rating, highlighting significant growth opportunities in India's beauty sector.

TTK Prestige announced its first-ever Rs 200 crore share buyback at Rs 1,200 per share, marking a 19% premium from its recent closing price. This move comes after noteworthy stock growth, with a 34.8% year-to-date increase. Shareholders must note the buyback record date as August 14, 2024.

Japan's Nikkei 225 rose 2.3%, reaching close to pre-plunge levels after its worst fall since 1987. Tech firms and exporters gained due to a weaker yen. Rakuten showed growth because of progress in its mobile segment. Investor focus has shifted towards corporate profitability amidst attractive stock valuations.

Samvardhana Motherson, Muthoot Finance, SJVN, Max Financial Services, Gujarat Fluorochemicals, Endurance Technologies, Ipca Labs, NBCC (India), Godrej Industries among others will also declare their quarterly results

Samvardhana Motherson, Muthoot Finance, SJVN, Max Financial Services, Gujarat Fluorochemicals, Endurance Technologies, Ipca Labs, NBCC (India), Godrej Industries among others will also declare their quarterly results

Asian stocks climbed, driven by Japanese shares amid steady yen levels. Investors anticipated U.S. inflation data for insights on Federal Reserve policies. Oil prices dropped slightly following a sharp rise, as gold demand grew. Japan's Nikkei saw more than a 2% increase after fluctuating last week due to yen strength and U.S. recession concerns.

The Future & Options contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.

Dividends are paid to shareholders listed in the company’s records on the record date. To be eligible for dividends, shares must be purchased at least one day before the ex-date, as transactions settle the next day. However, those who buy shares on the ex-date will not qualify for dividends

Wall Street ended with mixed results as investors awaited key U.S. economic data and retailer earnings. The Dow Jones fell, while the S&P 500 and Nasdaq saw gains. Key points of interest include the consumer price index and retail sales data, along with potential Federal Reserve policy changes. KeyCorp surged on news of Scotiabank's investment.

Stocks that were in focus include names like Voltas, which rose 10.69%, RVNL, which jumped 11.16%, and MapMyIndia, whose shares increased 3.75% on Monday.

Wall Street ended with mixed results as investors awaited key U.S. economic data and retailer earnings. The Dow Jones fell, while the S&P 500 and Nasdaq saw gains. Key points of interest include the consumer price index and retail sales data, along with potential Federal Reserve policy changes. KeyCorp surged on news of Scotiabank's investment.

Hindalco, Nykaa, Hero MotoCorp, Apollo Hospitals, IRCTC among 660 other companies will announce their first quarter results on Tuesday.

“Laurus Labs stock is trading near the lower band of a Rectangle formation on the daily chart, indicating a potential bounce-back move. Traders can buy for a target of Rs 445-470 in the next 3-4 weeks,” Kkunal V. Parar, Vice-President of Technical Research and Algo, Choice Broking, said.

Jindal Stainless on Monday said it will manufacture customised stainless steel and speciality low-alloy steel sheets for defence projects of BrahMos Aerospace.

Hindalco, Nykaa, Hero MotoCorp, Apollo Hospitals, IRCTC among 660 other companies will announce their first quarter results on Tuesday.

The purchase will be made by Bharti Global, which is the international arm of Bharti Enterprises, through Bharti Televentures. As per the terms of the deal, Bharti Televentures has acquired a 9.99% stake in BT Group's issued capital via open market trade. It will buy the remaining 14.51% after getting regulatory clearances. Mittal expects the deal to close in the coming months.

Within just the three weeks since the budget announcement on July 23, 15 companies have already announced buybacks, compared with 18 that did so between January 1 and July 23.

Oil remained near the $80 level it hit on Monday, as the US sees an Iranian attack against Israel as increasingly likely. Israel’s sovereign debt was cut by one notch by Fitch Ratings, which kept a negative outlook on the credit as continued military conflict weighs on the country’s public finances.

The lender has retained the future AUM growth guidance at 22-25% amid various growth levers including higher in-house sourcing of customers, deeper penetration in existing markets while increasing presence in new territories and focus on digital platforms while serving customers.

The stock closed at ₹819.5 on Monday, down 10.6% over the previous day. Sun TV's consolidated profit for April-June fell 5.5% to ₹560 crore from the same period a year ago. Revenue from operations declined 2.7% to ₹1,312.4 crore during the quarter..