Domestic brokerage firm Axis Securities is bullish on a number of mid and smallcap stocks, which can rally up to 30%. These stocks include Federal Bank, Lupin, and CreditAccess Grameen. The brokerage firm believes that the Indian economy stands in a sweet spot of growth and remains the land of stability against the backdrop of a volatile global economy. Here's a list of 8 mid & smallcap stocks that can rally up to 30%, according to Axis Securities:

During the week, 58 smallcap stocks delivered double-digit weekly returns with Spencer Retail surging as high as 51%. It was followed by BCL Industries (35.6%), 63 Moons Tech (27.6%), and Inox Wind (26.4%).

Investors pared bets that the Federal Reserve will cut interest rates in March after a Labor Department report showed nonfarm payrolls increased by 199,000 jobs in November, compared with an estimated increase of 180,000.

The S&P 500 rose 0.2% this week, marking its sixth-straight weekly increase, the longest such winning streak in about four years. The index stands at its highest closing level since March 2022.

The Labor Department's report showed nonfarm payrolls increased by 199,000 jobs in November, compared with an estimated increase of 180,000. The unemployment rate slipped to 3.7%, while average earnings edged up to 0.4% on a monthly basis, compared with forecasts of 0.3% growth.

Most of Zerodha's AUM was added post-2020, which is one of the biggest bull markets India has seen. While equity funds saw a slowdown in the pace of inflows, investments through the systematic investment plan route hit record high in November.

The shares were bought at Rs 59.09 apiece, a 4% discount to the previous closing price of the stock. Besides GMR Airports in the transport infrastructure space, GQG Partners also has investments in various companies of ADani Group, including Adani Enterprises, which operates the Mumbai international airport.

The net inflows into equity funds were at a two-month low of Rs 15,536 crore in November, while debt funds witnessed outflows of Rs 4,707 crore, according to the data released by the Association of Mutual Funds in India

The net inflows into equity funds were at a two-month low of Rs 15,536 crore in November, while debt funds witnessed outflows of Rs 4,707 crore, according to the data released by the Association of Mutual Funds in India

The lender received a total 104 bids aggregating up to Rs 18,483 crore, it said in an exchange filing. The state-owned lender allotted shares to qualified institutional buyers at Rs 100.20 a share, a discount of nearly 5% to the floor price of Rs 105.42.

TPG Capital, through one of its affiliates TPG Asia Vii Sf Pte, sold 89,07,493 shares of Five-Star Business or 3.05% stake at Rs 730 apiece, aggregating around Rs 650 crore, according to bulk deals data on the National Stock Exchange. As of September end, the global private equity fund held 14.29% stake in the NBFC.

Though many analysts and investors feel the central bank will keep its policy rate steady from here, policymakers haven't declared the inflation fight over

The Dow Jones Industrial Average fell 32.56 points, or 0.09%, at the open to 36,084.82.

Cryptocurrency markets surged for the second straight day on Friday, led by altcoins like Ethereum, Solana and Cardano. At the time of writing, the leading crypto token Bitcoin was up 0.6% at $43,383, while Ethereum was up 1.3% at $2,358.

The Bank of England looks set to stick to its tough line against talk of interest rate cuts in Britain, even as other leading central banks signal that they might be approaching a turning point in their fight against inflation.

According to exchange data, Softbank has offloaded 9.35 crore shares in the company at Rs 120.5 apiece. Through the deal, prominent investors, including Citigroup, Fidelity Investment, Goldman Sachs, Invesco MF, ICICI Pru Life, Morgan Stanley and others picked up shares in the company.

The regulator had earlier said it would address the issue of exorbitant valuation of initial public offerings seen in the recent past.

FPIs sold shares to the tune of Rs 5,935 crore across 12 sectors on average between November 16 and 30. Here's a look at the top five sectors that saw the highest FII selling in the second half of November:

On a week-on-week basis, the 50-stock index has gained 3.5% and has formed a long bullish candle, while holding higher bottom formation on daily and intraday charts, which is largely positive, says Amol Athawale, Vice President - Technical Research, Kotak Securities.

In early trade, the Nifty rose above 21,000 for the first time ever after the RBI maintained its key repo rate at 6.50%, amid robust economic growth and expectations of a rise in food prices in the coming months. Monetary policy will remain actively disinflationary, RBI Governor Shaktikanta Das said, adding that the fundamentals of the Indian economy remain strong.

Closing Bell: Sensex resumes record run after 1-day hiatus, rises 304 pts; Nifty above 20,950; IIFL Sec jumps 4%, NDTV cracks 6%.

The regulator had earlier said it would address the issue of exorbitant valuation of initial public offerings seen in the recent past.

Indian shares rose on Friday, with the benchmark indices Nifty 50 and Sensex hitting fresh record highs, after the RBI stood pat on key rates for a fifth consecutive time and raised its growth forecast for fiscal 2023-2024. Meanwhile, during this rally, 6 Nifty50 stocks managed to hit new all-time highs. Here's a list:

The Sebi's order was challenged in the appellate tribunal, which passed in the interim of December 2020 and stayed Sebi's order subject to an undertaking to the effect that they would not sell their shares in KIL

Direct emissions of greenhouse gases (GHG) disclosed by Nifty 500 companies stood at 1.03 billion tonnes of CO2e (carbon dioxide equivalent) in FY23, according to data sourced from Prime Database. This was 5% higher than the previous year and close to the 1.2 billion tonnes emitted by Japan in 2022. Direct emissions of greenhouse gases are also called Scope 1 emissions. Here’s the list of top direct emittors of greenhouse gasses which contributes 70% of the Nifty 500 total. Take a look: (Source: ET Bureau)

Indian shares advanced on Friday, with the benchmark indices Nifty 50 and Sensex hitting fresh record highs, after the Reserve Bank of India (RBI) stood pat on key rates for a fifth consecutive time and raised its growth forecast for fiscal 2023-2024. Meanwhile, in today's trade, six BSE PSU largecap stocks also managed to hit new 52-week highs. Here's a list:

Now, the facility will be available for the secondary market from January or February, the Sebi chairperson said at the CII Global Economic Policy Forum here.

After a long phase of three years of consolidation and relative underperformance, there were some initial signs of the private sector banks making a comeback attempt. However the RBI decision to curb unsecured lending, made the sentiment turn against them. But only sentiment, in reality will it make a difference for their long term perspective is a matter of debate with answer titling in favour of NO. After today’s monetary policy one more risk is off the table

Earlier the market regulator had alleged that IIFL Securities failed to segregate client funds, and mixed its own funds with client funds, and misused credit balances in clients’ funds for the benefit of clients having a debit balance. Sebi had alleged that IIFL Securities used pool accounts.

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

While the policy was pretty much in line with the Street's expectations, here is how experts reacted to Governor Shaktikanta's monetary policy speech

Overseas funds held 31,549 more long index futures contracts than short contracts as of Thursday, turning to a net bullish position a day earlier for the first time since September, according to exchange data compiled by Bloomberg.

However, while benchmarking is a useful and widely used tool in the industry, from an investor’s perspective, it must not be taken as the only way to measure your financial success. In fact, relying too much on external benchmarks can be misleading, distracting, and even harmful to your financial well-being.

Capital goods and engineering companies had faced tough times for many years. Given the fact that hardly any capacity buildup was taking place in any industry, a number had to change their product portfolio and had to live with very low margins. But all the efforts have now started to show some results. Three things impact the demand for capital goods . First, spending by the government, spending by the private sector. Last but not the least the focus of the government policies. After the state election results, there is a higher probability that two out of three factors are likely to continue to play. Will this lead to another round of strong re-rating?

ETMarkets spoke to Tarun Birani, Founder and CEO – TBNG Capital Advisors on SME IPOs, market trends in 2024 and SME IPOs.

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

Among the top losers from sugar sector were Shree Renuka Sugars which plunged over 7% in the opening trade amid high volumes, followed by Balrampur Chini, Rana Sugar, The Ugar Sugar Works and Dwarikesh Sugar, which lost up to 3%.

Data crunching done by ETMarkets showed that 23 companies reported atleast a double-digit year-on-year (YoY) growth in both revenue and profits for three consecutive quarters. About seven of them have given multibagger returns year-to-date, and five of them have done that only in FY24.

The RBI conceded that the system liquidity, as measured by the net position under the liquidity adjustment facility (LAF), turned into deficit mode for the first time in September 2023 after a gap of nearly four and a half years since May 2019.

In Q2 FY24, GMR Airports Infrastructure reported its consolidated net loss reduced to Rs 190 crore. The company had reported a net loss of Rs 197 crore in the quarter ended September 30, 2022.

The Nifty index opened flat and then fell. It recovered to close with a negligible loss.

The pharma stock rose from Rs 5,263 as of November 3, 2023, to Rs 5,776 as of December 5, 2023, which translates into an upside of about 10% in a month.

Hindustan Unilever’s daily trend is sideways. The RSI for monthly, weekly and daily are showing sideways momentum. Based on option chain analysis, the range is between 2500 and 2600. Let’s plan a trade around this.

Currently trades in India are settled in "T+1" or one day after the trades are initiated. T+0 would mean settlements in the same day and instant settlement would ensure trades are settled immediately.

Announcing the decision of the MPC after its three-day deliberations, RBI Governor Shaktikanta Das said on Friday that the committee unanimously decided to keep the repo rate at 6.5 per cent. The MPC is alert and prepared to take necessary actions that are needed, he said. ET Now caught up with various market experts to understand how far this decision is going to create an impact on the market.

Reuters had earlier reported in September that India's markets regulator would implement settlement within one hour of the trade, with instant settlement coming some months later.

The decision to leave rates unchanged was unanimously voted by the 6-member MPC panel, while the need to retain the stance was voted by 5 out of 6 members.

Investec maintained a buy rating on Orchid Pharma with a target price of Rs 800. The company is set for strong growth over the next 3 years. The new management continues to execute the turnaround strategy well. It sees a strong 35%+ EBITDA CAGR over FY23-26 for the base biz (ex-PLI).

Reuters had earlier reported in September that India's markets regulator would implement settlement within one hour of the trade, with instant settlement coming some months later.

According to a survey of 10 economists conducted by ET, the Monetary Policy Committee (MPC) is expected to maintain the repo rate at 6.50% while adhering to its stance of withdrawing accommodation.