Investor Vijay Kedia shared his view on the dispute between Hindenburg Research and SEBI chief Madhabi Puri Buch. Hindenburg claimed that Buchs held stakes in offshore funds tied to Adani Group.

Investors keep a close eye on the portfolios of major market players. ETMarkets has reviewed the investments of prominent investor Rekha Rakesh Jhunjhunwala. The latest data from the June '24 quarter reveals that Rekha Jhunjhunwala has publicly disclosed stakes in about 26 companies, with a total value of approximately Rs 43,561 crore as of August 9. These holdings include companies where her stake is over 1%. The data indicates that 13 of these 26 stocks have delivered returns of over 25% in CY24, with two of them becoming multibaggers. (Data Source: ACE Equity)

Air conditioning maker Voltas on Monday posted a 160% year-on-year (YoY) jump in consolidated net profit to Rs 335 crore for the June quarter of FY25. It had clocked Rs 129 crore profit in the year-ago period.

The IPO of Saraswati Saree Depot was fully subscribed within hours of its launch today, with a subscription rate of 2.46 times. Retail and non-institutional investors were the primary contributors, with the retail portion subscribed 3.34 times. The company fixed a price band of Rs 152-160 per share. Analysts advise high-risk investors to consider this IPO.

Long buildup occurs when there is an increase in open interest and trading volumes alongside a rise in the price of the underlying stock in the Futures and Options segment, indicating a bullish trend in the market. In Monday's trading session, five stocks experienced a buildup of fresh long positions. Here's the list:

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 Monday's trading session, five stocks witnessed a build of fresh short positions. Here's the list:

Investors keep a close eye on the portfolios of major market players. ETMarkets has reviewed the investments of prominent investor Rekha Rakesh Jhunjhunwala. The latest data from the June '24 quarter reveals that Rekha Jhunjhunwala has publicly disclosed stakes in about 26 companies, with a total value of approximately Rs 43,561 crore as of August 9. These holdings include companies where her stake is over 1%. The data indicates that 13 of these 26 stocks have delivered returns of over 25% in CY24, with two of them becoming multibaggers. (Data Source: ACE Equity)

The inclusion is anticipated to generate passive inflows of $1,239 million, as estimated by JM Financial. In a note, the brokerage indicated the possibility of these 8 additions, based on late July prices, while estimating no exclusions in this reshuffle.

Shares of CE Info Systems-owned MapmyIndia on Monday surged 7% to its day’s high of Rs 2,380.35 after the company on Friday reported a 12% year-on-year (YoY) jump in its profit after tax (PAT) at Rs 35.9 crore for the June quarter.

A "small, hidden, and obscure" Mauritius-based investment vehicle, IPE Plus Fund, has become embroiled in allegations made by Hindenburg Research. The US-based short-seller, in its latest report, claimed that IPE Plus Fund was established by Ahuja through the wealth management firm India Infoline (IIFL). The report further alleged that the Sebi chief and her husband, Dhaval Buch, invested in this fund in June 2015, and that it was also utilized by Vinod Adani, the brother of billionaire Gautam Adani.

Bharat Dynamics’ Q1 profit after tax was Rs 7.21 crore, compared to Rs 41.81 crore in the same quarter last year. The PSU defense company’s revenue from operations in Q1FY25 dropped by 35.8% year-on-year to Rs 191.16 crore, down from Rs 297.72 crore. The company also reported an increased EBITDA loss of Rs 52.3 crore for the quarter ended June 2024, up from a loss of Rs 32.6 crore in the corresponding quarter of the previous financial year.

RVNL shares spiked 10% to Rs 569.6 after an 8.4% decline following its Q1 results, which reported a 35% drop in net profit and a 27% fall in revenue. Despite this, shares rebounded by 9.3% by 11:30 am. Technical indicators show mixed signals, with the stock trading above several SMAs.

In 1QFY25, the Nifty index showed a 16% earnings growth. Major contributors included HDFC Bank and Tata Motors, while BPCL and JSW Steel underperformed. Coal India and Adani Ports are expected to offer 13-20% returns over the next year, driven by strong operational growth and strategic positioning

LIC reported a consolidated net profit of Rs 10,544 crore for the first quarter ending June 2024, reflecting a 9% increase from Rs 9,635 crore in the same quarter last year. During the quarter, net premium income rose by 16% year-on-year to Rs 1.14 lakh crore, compared to Rs 98,755 crore in the corresponding period of the previous year

Suzlon Energy's stock dramatically surged by 100% in three months, achieving a 14-year high. Both foreign institutional investors and mutual funds increased their stakes in the company during the June quarter. Analysts recommend waiting for a price dip to Rs 50 before buying, anticipating potential consolidation due to the stock's current overbought status

Volatility is nothing new to markets, it keeps coming at regular intervals. It is important to understand the underlying reason for the volatility. Because the reason determines both the magnitude and time of volatility. Today, the volatility is due to one set of companies, nothing to do for any fundamental reason either macro or micro. So, rather than getting bothered about what is the narrative about Hindenburg and Adani, focus on fundamentals of individual stocks. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

In the company's unitary cooling products segment, which includes the AC business, revenue surged by 51% year-on-year to Rs 3,802.17 crore for the quarter under review. Segment profitability increased by 58% year-on-year, reaching Rs 327.02 crore. As the country's largest AC brand, the company reported record sales of one million units last quarter, with an overall volume growth of 67% year-on-year.

It is proposed that a credit note equivalent to 40% of the scrap value of a ship being dismantled in an Indian breaking yard would be given to fleet owners, both Indian and global

Shares of Mamaearth parent Honasa Consumer fell over 6% to Rs 444 in Monday's BSE trade, despite reporting a 63% year-on-year (YoY) increase in consolidated net profit for the June quarter of FY25, rising to Rs 40 crore from Rs 24 crore the previous year

Ola Electric Share Price: Shares of the recently listed Ola Electric surged 20% today, hitting the upper circuit limit of Rs 109.41 on the BSE, on the second day following its debut on the stock exchanges.

The Nifty 50 and S&P BSE Sensex both declined last week, falling 1.4% and 1.6%, respectively, as concerns about a potential US recession drove investors toward safer assets. Despite this, analysts have identified several stocks with promising technical setups, suggesting potential gains of up to 35% in the near term. Here are five tech picks:

James P. O'Shaughnessy, a well-known advocate of quantitative investing, is the former Director of Systematic Equity at Bear Stearns and the current Chairman and CEO of his own firm. Inspired by O'Shaughnessy's ideas, MarketSmith has developed a custom screen focusing on small-cap stocks with strong relative price strength and positive earnings growth, trading at low price-to-sales multiples. Here are 8 stocks that match O'Shaughnessy’s approach to quantitative investing, as listed on MarketSmith:

As many investors chose to play it safe following allegations leveled against Sebi chief Madhabi Buch in the Adani vs Hindenburg controversy, shares of Adani Group companies fell up to 7% this morning. As a result, investors lost around Rs 53,000 crore with the combined market capitalization of 10 Adani stocks falling to Rs 16.7 lakh crore.

Ola Electric was listed on Friday, August 9 disappointing investors as it got listed at par with the issue price of Rs 76. However, later during the day, the stock surged 20% to hit an upper circuit high of Rs 91.20 on NSE.

EBITDA for the quarter ended June 2024 was reported at Rs 706.36 crore and the company has also announced an interim dividend of Rs 5 per share for its eligible shareholders

Indian benchmark equity indices opened lower on Monday amid Hindenburg Research's allegations against SEBI chief Madhabi Puri Buch, affecting Adani Group stocks. Top index losers included Adani Enterprises and Adani Ports. Market experts expect both global and domestic factors to shape future trends.

Adani Energy experienced an 18% drop in stock price over five sessions but found support above 200-DMA. Experts advise high-risk traders to consider buying for a potential recovery to 1,400 levels within 1-2 months, supported by favorable technical indicators signaling a potential bounce back.

Foreign institutional investors (FIIs) turned net buyers as they bought equities worth Rs 406 crore on August 9, while domestic institutional investors bought equities worth Rs 3979 crore on the same day.

Indian benchmark equity indices opened lower on Monday amid Hindenburg Research's allegations against SEBI chief Madhabi Puri Buch, affecting Adani Group stocks. The Sensex dropped 294 points and the Nifty50 fell 85 points. Top index losers included Adani Enterprises and Adani Ports. Market experts expect both global and domestic factors to shape future trends.

The United States accounts for the highest share of Foreign Portfolio Investors (FPIs) investing in India during the fiscal year 2023-24, highlights a report by the Securities and Exchange Board of India. (SEBI)

Shares of Adani Group companies dropped up to 7% this morning as investors reacted to allegations against Sebi chief Madhabi Buch in the Adani vs Hindenburg controversy. This led to a loss of approximately Rs 53,000 crore, with the combined market capitalization of 10 Adani stocks falling to Rs 16.7 lakh crore.

Adani Green Solutions experienced an 18% drop in stock price over five sessions but found support above 200-DMA. Experts advise high-risk traders to consider buying for a potential recovery to 1,400 levels within 1-2 months, supported by favorable technical indicators signaling a potential bounce back.

Hindenburg Research addressed Sebi chief Madhabi Puri Buch's claims of character assassination. They highlighted Buch's admission of investments in Bermuda/Mauritius funds with ties to the Adani Group and raised concerns about conflicts of interest. Hindenburg sought a transparent public investigation into these funds and related issues.

Navneet Education's board approved a Rs 200 crore share buyback earlier this month, with a record date of August 13. The buyback will be priced at Rs 200, reflecting a 22.3% premium over the stock's closing price on August 9, and will be conducted through a tender offer.

Brokerage firms delivered varied ratings: CLSA on Jubilant Foodworks with underperform, Jefferies held Trent with an increased target, Citi saw buying potential in Grasim, and Kotak Equities advised selling Siemens. Jefferies continued a buy rating on Honasa. Each rating reflected recent performance and anticipated market trends.

Even in volatile market, midcaps are getting back into momentum mode

Hindenburg Research addressed Sebi chief Madhabi Puri Buch's claims of character assassination. They highlighted Buch's admission of investments in Bermuda/Mauritius funds with ties to the Adani Group and raised concerns about conflicts of interest. Hindenburg sought a transparent public investigation into these funds and related issues.

Milkfood Ltd., a microcap stock, approved a 1:1 bonus issue of shares and a share subdivision from Rs 10 to Rs 5 per share in June. The record date for these changes was announced as August 13.

A higher weighting for India will position it to become the new anchor for emerging market equities, likely driving increased flows into the country. Fund managers say that India’s rising heft may make the EM gauge more appealing to global investors who have been wary due to China’s sway over the index.

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 who are listed in the company's records on the record date. Shareholders who buy the stock at least one day before the ex-date qualify for dividends, as the transaction settles the following day. However, those who purchase the stock on the ex-date are not eligible for dividends.

As the first quarter earnings season nears its end, 528 companies are set to release their results on Monday. Key reports include IRFC, Vodafone Idea, and NMDC. Vodafone Idea is expected to report flat revenue and losses between Rs 7,489-8,100 crore. EBITDA is forecasted to see a slight year-on-year rise despite challenges.

"Going forward, we expect markets to consolidate at higher levels due to mixed global cues and absence of any major domestic triggers," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal

“IndusInd Bank stock has been forming a ‘Lower Top Lower Bottom’ structure and is thus in a downtrend. Traders can look to sell Aug. Fut. for a potential downside target of Rs. 1300-1280,” Ruchit Jain, Lead Research, 5paisa.com, said.

Key for the Federal Reserve will be U.S. consumer prices on Wednesday where economists look for rises of 0.2% in both the headline and core, with the annual core slowing a tick to 3.2%.

"The progress in lowering inflation during May and June is a welcome development, but inflation is still uncomfortably above the committee's 2% goal," Bowman said Saturday in a speech to the Kansas Bankers Association in Colorado Springs, referring to the Fed's rate setting panel.

Anil Ahuja, founder of IPE Plus Fund, is facing scrutiny due to connections with the Adani Group and historical financial decisions. Ahuja previously invested in Adani Power during his tenure at 3i Infrastructure. Despite allegations from a Hindenburg report, Ahuja denies any unethical conduct. This controversy brings his past investment strategies and their outcomes into focus.

In their statement, the Sebi chief and her husband said the two consulting companies they owned - and cited by Hindenburg in its report - became immediately dormant on her appointment to the regulatory body in 2017

Private sector bank chiefs saw modest salary hikes in FY24, reflecting the RBI's strict oversight on CEO pay. HDFC Bank’s Sashidhar Jagdishan topped the list with ₹10.77 crore, followed by ICICI’s Sandeep Bakhshi at ₹9.96 crore, and Axis Bank’s Amitabh Chaudhry at ₹9.64 crore.

The government considered the Hindenburg report an intentional effort to damage India's markets and SEBI's credibility. SEBI chairperson Madhabi Puri Buch dismissed the allegations, asserting that all necessary disclosures were made. Hindenburg accused Buch and her husband of having conflicts of interest with investments connected to the Adani Group but lacked solid evidence.