Open Interest (OI) data showed the call side displayed the highest OI at the 49,000 level, closely followed by the 49,500 strike prices. Conversely, on the put side, the highest OI was observed at the 48,000 strike price.

Stocks that were in focus include names like Sobha Ltd which was up more than 16% to hit a fresh record high, Torrent Power gained more than 7% and Tata Consumer Products closed with gains of over 3% to hit a fresh record high.

Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Thursday's trading session, five stocks witnessed a top long unwinding. Here's the list:

In 2023, Indian equities experienced a stellar bull run, outshining all emerging market counterparts. The robust secondary market presented PE and VC firms with a golden opportunity for profitable exits, thanks to a consistent influx of flows, notably from DIIs. Consequently, 2023 witnessed record-breaking PE and VC exits via secondary markets in India's equity history. In total, 78 companies saw PE exits, totalling Rs 975 billion. Here are 6 such significant deals. (Source: Nuvama)

High weightage Nifty Financials rose 1.22%, after shedding 1.29% over the last four sessions. Nifty Realty index surged 6.76% to a new record high, led by Sobha, Macrotech Developers, Godrej Properties, and DLF.

In December, FPIs bought shares worth more than Rs 58,498 crore, the highest purchase by them in a month since November 2020. In November 2020, they had bought shares worth Rs 70,896 crore.

The IPO of Jyoti CNC will open for public subscription on January 9 and end on January 11. The anchor book of the offer will be opened for a day on January 8, the company announced.

Equity benchmark indices Sensex and Nifty rebounded on Thursday after falling in the past two days and ended nearly 1 per cent higher, mainly on buying in HDFC Bank and Bajaj Finance. The 30-share BSE Sensex jumped 490.97 points or 0.69 per cent to settle at 71,847.57 points. During the day, it rallied 598.19 points or 0.83 per cent to 71,954.79 points. The Nifty climbed 141.25 points or 0.66 per cent to 21,658.60 points.

Incred Equities remains most bullish on Globus Spirits where it sees an upside of whopping 188%. Its recommendation is an 'add' for a price target of Rs 2,519.

Domestic benchmark equity indices rose on Thursday, led by banking, financial and IT stocks, even as investors remain concerned over the timing of a US rate cut after the Federal Reserve's minutes. As per data available on StockEdge, several largecap stocks outperformed the benchmark Nifty50 index on a 1-week and 3-month basis as of January 3. Here's a list:

High weightage Nifty Financials rose 1.22%, after shedding 1.29% over the last four sessions. Nifty Realty index surged 6.76% to a new record high, led by Sobha, Macrotech Developers, Godrej Properties, and DLF.

In December, FPIs bought shares worth more than Rs 58,498 crore, the highest purchase by them in a month since November 2020. In November 2020, they had bought shares worth Rs 70,896 crore.

FPIs bought shares worth 427.33 billion rupees in the first half of December, marking a fortnightly record, driven by lower U.S. bond yields amid expectations of interest rate cuts by the Federal Reserve.

Domestic benchmark equity indices rose on Thursday, led by banking, financial and IT stocks, even as investors remain concerned over the timing of a US rate cut after the Federal Reserve's minutes. As per data available on StockEdge, several largecap stocks outperformed the benchmark Nifty50 index on a 1-week and 3-month basis as of January 3. Here's a list:

EUROPE-STOCKS/ (URGENT)European shares rebound from three-week lows; healthcare, energy lead gains

The year 2024, started with a correction in nifty, but one set of stocks which were able to outperform were pharma stocks. While it might appear to be a sudden up move, if one looks at what has happened in the pharma sector in the last eight years, there is a good chance that right from valuation readjustments to changing business model might play a role bringing the large pharma companies back into limelight. Infact some of these stocks have quietly inched upward in the last few months. It might be too early to call, but if a re-rating plays out in this space, it might surprise many in terms of price movement.

"I see that the stock prices leave no room for comfort because now the pricing is going beyond the common man's reach," analyst Sanjiv Bhasin told ET Now. He said this referring to the escalation in property prices notwithstanding a benign input cost.

Indian equity indices opened with gains on Thursday led by banking, financial and IT stocks, even as investors remain concerned over the timing of a US rate cut after the Federal Reserve's minutes. Meanwhile, during this rally, five largecap stocks hit new 52-week highs. Here's a list:

After a minor corrective phase, while the mid and small caps are once again in party mode, large caps have been lagging in a relative manner. But investing in not about a quarter or week, it is much more than them. If one looks at the long term, large caps are able to outperform and create wealth in a more sustainable manner. So probably a short phase of underperformance due to the fact that everyone is chasing short term performance due to recency bias might be an opportunity to look at some stocks with a long term perspective.

"With the partnership with Blackrock for the AMC business, we expect the AUM in FY24E post-license approval and product launch to be around Rs 23.3 billion given the industry opportunities, brand equity, attraction towards the capital market, and the right choice of product basket," KRChoksey Research said.

The exchange witnessed a rise in electricity trading volume, reaching 8,655 MU in December 2023, up by 8.7% compared to the same month in the previous year. For the third quarter of fiscal year 2024, IEX's total volume surged to 28,326 MU, marking a 16.9% growth year-over-year.

Sobha shares have given a return of 131% over the last 12 months which is higher than the Nifty Realty index and broader Nifty at 94% and 19%, respectively.

The largecap threshold now stands at Rs 67,000 crore, up from Rs 49,700 crore in June 2023. The midcap cut-off has risen to Rs 22,000 crore, compared to Rs 17,400 crore previously.

TCS has a neutral rating, but UBS raised the target price to Rs 4,050 from Rs 3,700 earlier. HCL Technologies has a neutral rating, but the target price was raised to Rs 1,540 from Rs 1,350 earlier.

A long buildup is when there is a rise in open interest and volumes along with an increase in the price of the underlying stock in the Futures and Options segment. The long buildup is the occurrence of a long (buying) trend in the share market. In Thursday's trading session, five stocks witnessed a build 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 Thursday’s trading session, five stocks witnessed a build of fresh short positions. Here's the list:

ETMarkets spoke to Jayesh Faria, Director, Regional Head- West, Motilal Oswal Private Wealth Ltd on markets in 2024 and key learnings for investors from 2023.

This comes as part of the investment promotion activity for Vibrant Gujarat Global Summit 2024, the company filing on Wednesday, said.

It said that the Supreme Court verdict, which rejected pleas for further investigation into Adani Group on Hindenburg allegations, should cement investor confidence.

Short-term traders can look to buy the stock for a possible bounce back towards 300 levels in the medium term, suggest experts.

The segment is expected to experience strong growth due to the government’s efforts to increase power-generation capacity, higher infrastructure capex, and increased focus on affordable housing.

Bajaj Finance's deposit book stood at approximately Rs 58,000 crore as of 31 December 2023 as compared to Rs 42,984 crore in the year-ago period. This translates into a 35% growth year-on-year (YoY).

As many as five IPOs are expected to hit the Street in the month of January, kickstarting what analysts expect to be another buoyant year for the primary market. Here's a look.

Minutes of the Fed's December 12-13 meeting released on Wednesday showed a growing sense among policymakers that inflation was under control and rising concerns about the risks that "overly restrictive" monetary policy may pose to the economy.

Opening Bell: Sensex climbs 250 points, Nifty above 21,600; Torrent Power rises 6%, Ujjivan SFB 5%.

Hospitality and travel-related stocks gave handsome returns to investors due to the strong rebound in discretionary spending, and RateGain Travel was one among them.

With January 5 as the record date, shares of the MNC FMCG firm will go ex-split in 1:10 ratio. This means that if you own 1 share of Nestle India as on the record date, the sub-division will leave you with 10 shares.

The so-called Magnificent Seven, which includes Apple Inc., Amazon.com Inc., Alphabet Inc., Microsoft Corp., Meta Platforms Inc., Tesla Inc. and Nvidia Corp., slipped for the last four trading days, the longest losing streak in a month, according to the Bloomberg Magnificent 7 Price Return Index. Shares of Apple, down 4.6% in the time period, lead the slump that’s erased $383 billion in market value. The Nasdaq 100 Index has also fallen in the last four trading days.

Stocks that were in focus included names like DMart, which fell 4%, RVNL, which jumped 2.65%, and VST Industries, whose shares declined 1.7% on Wednesday.

ET Now spoke to various experts, and here's what they have to recommend for today's trading session. Kunal Bothra has a buy/sell recommendation on Godrej Properties and ICICI Bank, while CA Rudra Murthy has a buy/sell recommendation on HPCL and GNFC for today's trading session. Check out the targets and stoploss.

U.S. stock indexes ended the second session of the year down again in extended profit-taking on Wednesday after a strong finish to 2023, with minutes from the Federal Reserve's December meeting failing to shake off the funk hanging over markets.

Asian shares fell on Thursday and the dollar was near a three-week high as traders dialled back bets of steep and early rate cuts this year, with the minutes of the Federal Reserve's last meeting failing to provide clues to when U.S. cuts might start.

“Gail has witnessed a 16-year breakout on the monthly and quarterly charts and looks poised to witness a significant upside. Traders can buy for a target of Rs 220 in the next 12-15 months,” Gaurav Bissa, VP, InCred Equities, said.

The apex court also asked the Centre and Sebi to constructively consider suggestions of the six-member expert committee headed by former Supreme Court judge AM Sapre, and take further action to strengthen the regulatory framework, protect investors and ensure the orderly functioning of the securities market.

In the face of global financial market turbulence, India's rupee appears more resilient due to a narrowed current account deficit (CAD) and bolstered forex reserves. Increased exports post-pandemic buffered the CAD, keeping it manageable at 2% in FY23 despite soaring commodity prices. Forex reserves, standing at over $600 billion, fortify the RBI's ability to stabilize the rupee, marking a significant contrast to a decade ago when India was tagged among the 'Fragile Five' economies. Forecasts project a reduced CAD and stable rupee for the upcoming fiscal years.

Lenders have divided FEL into three clusters. The first is the company's stakes in its life and general insurance ventures with Italian partner Assicurazioni Generali S.p.A. Banks are hoping for some recovery from FEL's remaining 26% stake in Future Generali India Insurance Co and also its residual stake in Future Generali India Life after Generali hiked its stake to above 70% in 2021.

Metro cities had grown the fastest from Q2 of last fiscal to Q1 of FY24. The aviation sector saw the highest growth of 29.7%, along with the hospitality sector at 12.8% in Q2 of FY24, reflecting an increased demand for travel, said the report. These travels may have been triggered by events such as the World Cup.

GMR Airports secures a ₹800 crore debt facility from a consortium involving Standard Chartered Bank, Varde Partners, and Aditya Birla Special Situation Fund. This funding marks a part of the ongoing capital raising efforts by GMR Airports and its subsidiaries, totaling over ₹8,400 crore since November. The proceeds will be utilized for refinancing existing debt and investments across various airport-related ventures. The consortium investments aim to support GMR's strategic airport development initiatives across India and other international locations.

NHPC has signed a MoU with GPCL for proposed investment of Rs 4,000 crore in Kuppa Pumped Storage Project (750 MW).

​​The gains helped cut losses further triggered by the scathing Hindenburg report on January 24, 2023. Yet, seven out of the 10 listed Adani stocks are 2% to 72% below the peaks hit before the release of the report. Adani Ports, Adani Power and Ambuja Cements are the gainers