Japan's Nikkei share average saw a slight increase, driven by Sony's impressive 73% quarterly profit surge. However, the overall market sentiment remained cautious due to downbeat forecasts from domestic companies like Honda and Nissan. Investors are now closely watching upcoming earnings reports from major players like SoftBank and banking institutions for further market direction.

On the charts, the stock has been in a downtrend since peaking around the Rs 1,610 level and is currently positioned below its 200-day exponential moving average (DEMA). In September, the price entered a consolidation phase, followed by a death crossover on October 1, when the 10 DEMA crossed below the 20 DEMA.

New 52-week high: Rs 583.2The stock has advanced 21% YTD.

LG Electronics is planning to list its Indian unit on the stock market. The South Korean company has hired Axis Capital to help with the IPO. LG is aiming to raise up to $1.5 billion. The IPO could happen as early as next year. India is becoming a popular place for companies to raise money.

After the stock’s decline over the last three sessions, the company’s market capitalization on the BSE has dropped to Rs 84,606 crore, down from the Rs 1 lakh crore mark reached last week.

A short buildup occurs when there is a rise in open interest and trading volumes, coupled with a decrease in the price of the underlying stock in the Futures and Options segment. This indicates that more traders are expecting the prices to decline and are creating short positions. In Monday's trading session, five stocks saw fresh short positions being built. Here's the list:

LG Electronics is planning to list its Indian unit on the stock market. The South Korean company has hired Axis Capital to help with the IPO. LG is aiming to raise up to $1.5 billion. The IPO could happen as early as next year. India is becoming a popular place for companies to raise money.

Goldman Sachs initiates coverage on Tata Group's Trent with a target of Rs 8,000, expecting 27% upside. Zudio's growth potential and Trent’s steady performance contribute to a positive outlook.

Power Finance Corporation shares rose 9% after reporting a 9% increase in Q2 profit, driven by higher revenues and loan growth. Brokerages Bernstein and CLSA maintain 'Outperform' ratings.

A long buildup occurs when open interest and trading volumes increase alongside a rise in the underlying stock price in the Futures and Options segment, signaling a bullish market trend. In Monday's trading session, five stocks saw fresh long positions. Here’s the list:

The IPO of Niva Bupa Healthcare saw strong demand from retail investors, with the issue subscribed 1.28 times (128%) by the final day of bidding. By 11:15 am, retail investors had bid for 5.79 crore shares, 1.85 times their reserved portion. Qualified Institutional Buyers (QIBs) had subscribed 1.05 times their allocation.

Biocon shares surged 5.4% after FDA classified its Bengaluru facility as Voluntary Action Indicated (VAI). The stock is up 47.7% YoY, supported by strong technical indicators.

ITI Ltd.'s shares surged 10.3% after the company emerged as the lowest bidder for three packages of the BharatNet Phase-3 project. The total value of these packages, spread across multiple states, is Rs 4,559 crore. This win follows a recent order from BREDA for solar street light systems worth Rs 300 crore.

Aarti Industries shares fell 9.3% after reporting a 43% YoY drop in PAT for Q2. Despite a 12% revenue rise, challenges in agrochemical and energy sectors impacted performance.

Tata Motors Share Price: Tata Motors' shares rose 2% despite a lower-than-expected 11.18% YoY drop in Q2 profit, reaching Rs 3,343 crore. The company attributed the decline to external challenges impacting growth. Despite this, analysts remain optimistic, citing strong business fundamentals and anticipated improvements in the second half of FY25.

Shares of Asian Paints fell 9% to Rs 2,511.65 on Monday, following the company's announcement of a 42.5% year-on-year decline in its consolidated net profit for Q2 FY2024. The company's profit after tax (PAT) dropped to Rs 694.6 crore, compared to Rs 1,205.4 crore in the same quarter of the previous year, reflecting weak consumer sentiment.

Indian companies are facing their most significant earnings downgrades since the start of the COVID-19 pandemic in 2020, causing concern among investors. Factors like heavy rains, reduced government spending, and slowing demand in sectors like FMCG and retail have contributed to this trend.

Domestic markets continued to consolidate for another week, losing over half a percent, signaling the continuation of a corrective phase.With a key global event behind us, the market’s focus will now return to domestic factors, such as foreign fund flows and the final phase of the earnings season. Indian markets have shown a pattern of reacting more to global risks while not fully participating in positive global momentum.In this setup, here are 3 stocks to buy for robust returns in short term

The auto component stock hit a record high of Rs 1,826 on June 21, 2024, but has been in consolidation for five months. Recently, it rebounded after retesting the 50-week moving average on weekly charts, indicating a possible easing of selling pressure. While bears currently hold control, experts note that if the stock surpasses the Rs 1,330 swing high from February 12, bulls could regain momentum and drive the stock upward.

The Indian market is predicted to open lower on Monday, influenced by global trends. Analysts suggest a trading range between 23,700 to 24,500 for Nifty. Expert recommendations include buying opportunities for stocks like BSE, Paytm, CDSL, Wipro, NALCO, and Bank of Baroda, with specified target prices and stop-loss levels.

Indian blue-chip indices open lower for third session, driven by weak earnings and foreign outflows, with Sensex, Nifty50 down.

Tata Motors reported a lower-than-expected net profit for the September quarter. Revenue also declined due to challenges in the domestic and international markets. The company's EBITDA margin decreased, and it expressed caution about near-term demand. Despite the challenges, Tata Motors expects improvement in the second half of the fiscal year, driven by easing supply constraints and festive demand.

Nomura and Jefferies have given buy ratings to InfoEdge and SBI, respectively, while CLSA upgraded Tata Motors to outperform. Goldman Sachs initiated coverage on Trent with a buy rating, citing Zudio's growth potential as a key driver.

On November 8, five stocks from the Nifty200 pack appeared in the RSI Trending Up scan, according to the stockedge.com data. It is an uptrend signal if the RSI value has crossed above 50 from below. "RSI trending up" means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock. This can indicate potential upward movement and may be used by traders to identify buying opportunities.

Indian blue-chip indices open lower for third session, driven by weak earnings and foreign outflows, with Sensex, Nifty50 down.

Bitcoin climbed to an all-time high as Donald Trump's victory in the U.S. presidential election along with pro-crypto candidates being voted to Congress spurred expectations of a light-handed regulatory environment.

Ola Electric reported a smaller loss for the September quarter compared to the same period last year. Revenue grew by 39% year-on-year, driven by strong sales of electric scooters. The company delivered more than 98,000 electric scooters during the quarter. Ola Electric is expanding its distribution network and aims to have 2,000 stores by March 2025.

State Bank of India (SBI) exceeded profit forecasts, posting a 28% surge to reach Rs 18,331 crore. This robust performance was fueled by a 5% rise in net interest income, though deposit growth trailed behind loan growth. Analysts are optimistic, with many upgrading target prices and praising SBI's asset quality and growth prospects.

Apart from the above, Jai Balaji Industries, Ion Exchange, Emami Realty, Elcid Investments, Ador Welding, Alchemist Corp, BCL Enterprises, Chatha Foods, DCX Systems, Kross Ltd, Likitha Infrastructure and a few others will announce their quarterly results.

A 3:1 bonus share issue means that for every 1 share a shareholder already owns, they will receive 3 additional shares as a bonus

Indian Railway Finance Corporation (IRFC) and four other companies set November 12th as the record date for dividend eligibility. IRFC announced a dividend of Rs 0.8 per share. Other companies, including D-Link (India), Indraprastha Gas, PDS Ltd, and POWERGRID Infrastructure Investment Trust, also declared dividends.

Nykaa is poised to announce its July-September 2024 quarter results, with analysts predicting a threefold surge in net profit year-on-year. This growth is anticipated to be fueled by a 26% rise in revenue, reaching Rs 1900 crore, primarily driven by the company's robust beauty and personal care (BPC) segment.

“SBI stock has formed a Tripple bottom pattern around 780 levels and witnessed a sharp bounce thereon to reclaim a decisive move above its key resistance level of 830. Traders can buy for a target of Rs 920-925 in the next 1-2 months,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.

Shares of Hyundai, Nykaa, General Insurance, Zydus, BSE will be in focus as the companies will announce their second quarter results today.

Australian shares fell while futures in Tokyo and Hong Kong signal losses after China’s 10 trillion yuan ($1.4 trillion) plan to help local governments deal with hidden debt stopped short of including new measures to boost domestic demand. US contracts edged higher after the S&P 500 rose 0.4% on Friday to cap stocks’ best week this year in anticipation of Trump’s pro-growth agenda.

In the first five trading sessions of November, FPIs sold equities worth ₹19,993.7 crore ($2,374.6 million) net according to the data from NSDL. This compares with a massive selling of ₹44,914 crore ($5,352.1 million) in the first five sessions of the previous month, forming nearly half of the total selling worth ₹94,017 crore ($11,195.4 million) for the whole month.

State Bank of India (SBI) Chairman, CS Setty, told analysts that the bank has a 35-basis-point cushion on its lending rate, providing flexibility even if deposit rates increase. Despite potential RBI rate cuts impacting lending rates, Setty believes SBI's margins will remain stable due to a significant portion of loans linked to MCLR and adjustments in pricing for short-term loans.

In its consultation paper, Sebi has proposed that only agreements, including shareholder, joint venture and family settlement, that affect the management and control of the firm and are known to the firm should be considered price-sensitive and included in the illustrative list of events under the definition of UPSI.

Economists predict that the Reserve Bank of India may postpone a rate cut until February. This delay is attributed to concerns about rising inflation and global market instability. The central bank is closely monitoring food inflation, particularly in edible oils and vegetables. Despite these concerns, some analysts anticipate a rate cut in December, citing slowing economic growth.

There is possibility of more consolidation or minor weakness towards the key supports of 23,900-23,800. One may expect emergence of buying again from near the supports.

The ECB has already lowered borrowing costs three times since June and is widely expected to do so again next month. Holzmann is one of the most hawkish officials and was the sole dissenter on the initial rate cut.

The Republican president-elect made plenty of campaign promises: steep tariffs, tax cuts, business-friendly deregulation and tighter immigration laws, to name some. For investors who plowed into stocks last week on speculation Trump's policies will bolster the economy, the challenge is to figure out which sectors will get a lasting boost.

At this point, the mind space of most investors is naturally focused on correction and volatility. In the stock market, however, it pays to think ahead. Just don’t try to predict how long the correction will last and at what level the Nifty will take support. Focus instead on what is happening in select sectors and individual companies. Do they have a higher probability of performing better once the correction is done and dusted? If yes, put them on your watch list – and probably take a tactical position in them.

Select stocks gain momentum even in volatile markets.

State Bank of India's stock price surged after breaking free from a two-month holding pattern. The stock previously reached a high of Rs 912 in June. It found support around Rs 760-780. The stock's recent breakout suggests a potential upward movement towards its June high. Analysts recommend buying the stock with a target of Rs 925 in the coming months.

Bitcoin nears $80,000, driven by optimism over Trump’s pro-crypto stance and pro-digital-asset lawmakers in Congress, with strong demand for ETFs and interest-rate cuts boosting cryptocurrency investments.

Going ahead, the FPI selling trend is likely to continue in the near term till data indicate the possibility of a trend reversal. If the Q3 results and leading indicators reflect a recovery in earnings, the scenario can change with FPIs reducing selling and even turning buyers. Investors will have to wait and watch for the data, VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.

While Reliance Industries, Bharti Airtel, ICICI Bank, ITC, Hindustan Unilever and Life Insurance Corporation of India (LIC) suffered erosion in their market valuation, Tata Consultancy Services (TCS), HDFC Bank, Infosys, and the State Bank of India were the gainers.

Given the events of the past week – and expected global cues – the markets are likely to remain volatile for a while and even see some correction. So, be mindful of two things before making any buy decision. First, manage risks. If you manage risks well, returns will follow. Second, don't buy stocks because they look relatively cheap compared to the recent past – and that too based on a single ratio, the PE ratio. Rather, use the PEG ratio. This is determined by dividing a company’s PE multiple with its growth rate. (See example below.) By focusing on PEG, investors will be able to better differentiate between genuinely valuable growth opportunities and those stocks that appear cheap – and are cheap for a reason.

Global diversification offers Indian investors enhanced risk-adjusted returns by combining the growth of India and the U.S. markets. A balanced India-U.S. portfolio provides stability, currency diversification, and resilience during economic downturns.