Keeping an eye on the actions of big institutional investors can be beneficial since they allocate their funds following comprehensive research. According to a study by ETMarkets, foreign institutional investors (FIIs) have consistently increased their investments in 12 stocks from the BSE 100 index for the last four quarters (June 2023 to March 2024). All these stocks have risen more than 24% in the past year, and three of them became multibaggers. We have highlighted the top seven stocks that have achieved remarkable gains ranging from 70% to 130% in just one year. (Data Source: ACE Equity)

The consolidated net profit of the company for the March quarter stood at Rs 146.8 crore, against a loss of Rs 11.47 crore during the same quarter last year.

Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools - earnings, fundamentals, relative valuation, risk and price momentum.

In an exchange filing on Monday, Vodafone Idea stated: "We wish to inform you that the Board, at its meeting held today i.e. 22 April 2024, has approved and adopted the prospectus dated 22 April 2024 (the “Prospectus”), in connection with the Offer."

Last week, Vi had raised Rs 5400 crore from 74 anchor investors by allotting 4.91billion shares at Rs 11 apiece.

"We would like to inform you that a meeting of the board of directors of the company is scheduled to be held on Thursday, 25th April, 2024, inter-alia, to consider and approve the proposal for issuance of Bonus Equity Shares to the shareholders of the company," Inox Wind said in an exchange filing.

Honasa Consumer, the parent company of skincare brand The Derma Co., saw its shares surge by up to 7.6% to Rs 435 on BSE after announcing The Derma Co.'s achievement of an annual revenue run rate (ARR) of Rs 500 crore.

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

Nifty opened strong and grew stronger as the day progressed to end the day with gains.

Mahindra & Mahindra Financial Services shares fell 5% to Rs 257 in early trading due to the announcement of delayed Q4 results following a fraud exceeding Rs 150 crore at a North East branch.

Ramdevbaba Solvent debuts with 31.8% premium on NSE SME platform. IPO oversubscribed 100 times. Proceeds for new facility, debt repayment. Manufacturer of rice bran oil serving FMCG companies like Marico, Mother Dairy with diverse product range.

Grill Splendour Services IPO, which was entirely a fresh equity issue of 13.72 lakh shares, received a decent response from investors with an overall subscription of over 6 times.

Brokerage Nomura upheld a neutral rating on Persistent Systems, while Investec continues to advocate a buy stance on Natco Pharma and has initiated a buy recommendation on Entero Healthcare. Conversely, CLSA has downgraded RIL to an outperform rating.

Indraprastha Gas fell 28% from record high but correction expected. Traders advised buying for Rs 530-560 target. Clean energy focus. Stock shows signs of bullish trend with support at lower channel.

Low PE stocks, often regarded as value stocks, are typically favoured for long-term investment strategies. Trendlyne data indicates that SBI Life, LIC, Infosys, HCL Tech, and Adani Ports are currently trading at lower PE ratios compared to their respective industry averages. Despite belonging to different sectors, these stocks have the potential to rally by up to 22%, as suggested by Trendlyne data.Here is a list of 7 largecap stocks with below industry PE levels that can rally up to 22%:

Reliance Share Price: RIL shares, which have gained around 14% in the calendar year so far, were trading flat in Tuesday's morning trade but brokerages have increased their targets going up to Rs 3,500-mark.

Vodafone Idea's retail investor shareholding surged by 55 lakh post FPO. Individual investor stake reached 6.17%. Mutual funds stake dropped to 2.06%. Company updated exchanges on shareholding. Telecom operator successfully raised Rs 18,000 crore.

The BSE Sensex was trading 314 points or 0.42% higher at 73,947. Nifty50 was trading at 22,426, up 90 points or 0.40% at around 9.22 am.

Tata Consumer to announce Q4 results with expected revenue growth in various segments. Sharekhan predicts volume growth in the domestic tea business. Nuvama expects strong performance from Capital foods. US Coffee volumes may remain steady.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5%, helped by a 1% jump in Taiwanese shares and a 0.8% advance in Hong Kong's Hang Seng index.

The benchmark S&P 500 and the Nasdaq rebounded from a decline over the past six sessions which had been caused by investors re-evaluating their expectations on interest rate cuts in the wake of strong economic data, geopolitical tensions, persistent inflation and commentary from Federal Reserve officials.

Stocks that were in focus included names like TVS Motor, which rose 2.22%, Berger Paint, which increased 0.7%, and Tata Communication, whose shares declined 1.55% on Monday.

“Raymond stock price was consolidating within a range since last few months and prices have given a breakout from the resistance. Traders can buy for a target of Rs 2100 and a stop loss can be placed below Rs 1900,” Ruchit Jain, Lead Research, 5paisa.com, said.

Shares of Tata Consumer, ICICI Pru, Tata Elxsi, M&M Finance, 360 One Wam, MCX and Cyient DLM will be in focus as the companies will announce their fourth quarter results today.

Based on meetings with six players focused on the T&D space and analysis of 12 players' commentaries, the brokerage said the pipeline of projects approved by the Central Electricity Authority of India (CEA) stands robust for next 2-3 years and is likely to be positive for most players in the value chain for the next 4-5 years. "Increase in market shares may result in 15-20% growth in T&D or energy segment inflows and revenues.

The two sides are seeking to reach an agreement in about a month, the people said, asking not to be identified discussing private information. MUFG has been working on the purchase of a 20% stake in HDB Financial Services, Bloomberg News reported on April 12.

Indian IT giants are on a European shopping spree, snapping up companies at a rapid clip. Europe's booming tech sector, outpacing North America, has fueled over a dozen acquisitions since the pandemic.

Here's a look at some of the latest stock recommendations by analysts. These stocks are expected to return between 18% and 59% as per analysts’ price targets.

"Despite the opinion poll data making the 390-400 target look almost certain, we believe the gain of seats in low penetration states may not significantly exceed the loss in others," said Bernstein's analysts Venugopal Garre and Nikhil Arela in a client note.

PNGRB reduced the tariffs to ₹18.1/mmbtu (million British Thermal Unit), from the earlier price of ₹34/mmbtu. GSPL had asked a revision of price to ₹50.8/mmbtu to the board, which was not approved.

The stock gave a break down from 1,900-2,000 levels in September 2023 and since then it has seen a timewise and price-wise correction. It found support above 1,600 levels. The garment stock finally broke out from the range as it closed above 2,000 levels. It closed at Rs 2,011 on April 19, 2023. It rallied over 6% in a week.

Tesla, Meta Platforms, Alphabet and Microsoft will be in focus this week as the companies gear up to deliver their quarterly numbers. Their performance could further test the rally in U.S. stocks.

Effectively, the bank will not be required to set aside cash reserve ratio (CRR) and statutory reserve ratio on the infrastructure bonds. HDFC Bank absorbed HDFC Ltd's Rs 1 lakh crore infra bonds following the merger, effective July 2023.

SEBI found offshore funds breaching Adani investment rules, seeking settlement with penalty. Regulator demanded group level disclosures. Adani denies 'acting in concert'. No response to email requests.

Indian shares closed higher on Monday, tracking a rebound in global markets due to easing worries over the escalation of tensions in the Middle East. The S&P BSE Sensex closed 0.77% higher at 73,648, while the NSE Nifty50 index ended above the 22,300 level."Nifty has moved above the initial hurdle at 22300 levels and is expected to encounter strong resistance at 22500 levels in the short term. If Nifty manages to sustain above 22500, then the market could even reach new all time highs in the near term. Immediate support is at 22260 levels," said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.

The S&P BSE Sensex rose 560 points while the Nifty50 closed above 22,300 levels. Sectorally, buying was seen in capital goods, consumer durables, public sector, and healthcare stocks while selling was seen in utilities.

Technology and tech-related companies led the charge, as excitement over generative AI helped fuel a rebound from 2022’s losses, according to a report based on the database.

Dow Jones Industrial Average was up 44.85 points, or 0.12%, at 38,031.25

Reliance Industries announced a Rs 10 dividend per share for the fiscal year ending March 31, 2024. Q1 net profit dropped 2% to Rs 18,951 crore, while revenue rose 11% to Rs 2.4 lakh crore.

If the index manages to sustain above 22,500, the market could even reach new all time highs in the near term.

The Nifty Bank witnessed value buying at lower levels for the second consecutive day in a row, but it failed to hold on to the 48,000 mark. The index is likely to face stiff resistance around 48K marked by the highest Call open interest (OI), suggest experts.

Sensex surged 560 points, Nifty gained 189 points. Top contributors were ICICI Bank, L&T, Infosys, Axis Bank, Reliance Industries, SBI, Bajaj Finance. Conversely, HDFC Bank and NTPC weighed on the index.

Dolly Khanna is a Chennai-based large investor, who is known for lesser-known picks that tend to go on to overperform in the stock market. She has been investing in the stock markets since 1996. Her portfolio is managed by her husband Rajiv Khanna. Here's a look at stocks where she increased her stake in Q4: (Source: Trendlyne)

Short covering refers to the buying of shares in order to close an existing short position or a position that has been sold. Short covering signals a shift in view on a security from extreme bearishness to bullishness. In Monday's trading session, five stocks saw top short covering. Here's the list:

PL has picked 7 largecap counters viz. HDFC Bank, ICICI Bank, Larsen & Toubro (L&T), Max Healthcare Institute, Maruti Suzuki, Reliance Industries (RIL) and Siemens. In the mid and smallcap universe, the top buys include the likes of Astral, Can Fin Homes, Eris Lifesciences, Grindwell Norton, Navneet Education, Praj Industries, RR Kabel, Safari Industries (India), Sunteck Realty and TCI Express.

BJP leader Amit Shah and his wife have a diverse stock portfolio, with investments in over 180 companies. Their top 10 stock bets are concentrated in specific companies, with significant holdings in various sectors like banking, FMCG, and pharma.

​Shares of Sterling and Wilson Renewable Energy (SWERL) jumped 9% on Monday to day’s high at Rs 617 after it posted impressive results for the quarter ended March 2024 with a strong rebound in financials both sequentially and on a yearly basis.

Indian shares gained ground on Monday, following a recovery in Asian markets, as IT major Wipro rose post earnings and falling crude prices helped oil marketing companies, but a fall in top private lender HDFC Bank capped gains. Meanwhile, in today's trading session, five largecap stocks from the Nifty200 index reached a new 52-week high. Here's the list: