Economists predict India’s GDP growth for the quarter ended September to be around 6.9-7.1%, compared to the four-quarter high of 7.8% in the June quarter. Growth in the September quarter of last year was 6.2%.

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

Indian equity market on Wednesday achieved the coveted milestone as the total market capitalisation of all BSE-listed stocks hit an all-time high figure above the Rs 333 lakh crore mark.

The list is dominated by capex plays as the impact of the upcycle is being noticed in both earnings as well as share prices. Topping the chart are two rail stocks - Titagarh Rail Systems and Jupiter Wagons - which have been reporting at least a 100% YoY jump in their profits. In the September quarter, Titagarh reported a 107% rise in PAT and 54% sales growth while Jupiter saw its profit rising 233% against 111% growth in sales.

Indian equities also rose after dovish commentary from a US Federal Reserve official elevated bets of rate cuts by as early as March 2024. Fed governor Christopher Waller flagged the possibility of lowering the interest rate in the months ahead if inflation continued to come down.

Meanwhile, JM Financial and Nuvama retain their buy rating on the latter, after the company approved acquisition of shares of a chemical company.

Amid a volatile trading session Indian benchmark indices ended in the green on Tuesday breaking from their two sessions losing streak. India VIX stood at 12.18, up 7.45% on Tuesday.

Restaurant Brands Asia provides a good opportunity for investors to play on the rising discretionary consumption in India, given limited competition from large organized players in burgers segment, expected mid-to-high single-digit SSG beyond FY24, and scope to scale up margin accretive Bk cafe, says Vikram Kasat of Prabhudas Lilladher.

Ahead of the listing, IREDA shares traded at a premium of Rs 12.25 in the unlisted market. The IPO received an overwhelming response from investors, having been oversubscribed by 38.8 times, reflecting investor sentiment about the company's strong fundamentals and growth potential. Analysts believe India has ambitious renewable energy goals and IREDA is well positioned as the largest green financing NBFC to tap into the rapidly expanding sector growth.

A host of brokerages have downgraded the target prices of a number of stocks in the last one month. Trendlyne data shows that 7 stocks, including Reliance Industries, SBI Card, Navin Fluorine, and Asian Paints faced up to five analysts' target price downgrades in the last 1 month. Here's a list of these stocks:

Despite this underperformance, Vikram Kasat of Prabhudas Lilladher belives that the stock provided a good opportunity for investors to play on the rising discretionary consumption in India.

Alipay, owned by Ant Group, was looking to offload its entire 3.44% stake in Zomato, according to reports. A confirmation will come only in the evening when bourses release block and bulk deals data.

Indian equities also rose after dovish commentary from a US Federal Reserve official elevated bets of rate cuts by as early as March 2024. Fed governor Christopher Waller flagged the possibility of lowering the interest rate in the months ahead if inflation continued to come down.

Opening Bell: Sensex climbs 300 points, Nifty near 20,000; Adani group stocks soar up to 15%.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5% in early trade before weakness in Hong Kong tech shares dragged it back to flat.

Founder of Paytm Vijay Shekhar Sharma on November 28 talked about the company’s future endeavours, emphasizing its commitment to India while revealing plans for international expansion and a significant integration of artificial intelligence (AI).

Berkshire made the accusation in partially redacted filings made public on Tuesday in a countersuit against the Haslam family in Delaware Chancery Court, where the Haslams have been suing Buffett's company over Pilot.

Cuban would keep shares in the team and maintain control of the Mavs' basketball operations, reports said. The NBA Board of Governors must approve the transaction.

Stocks that were in focus included names like NDTV, which rose 12%, TCS, which jumped 0.4%, and Suzlon Energy, whose shares declined 4% on Tuesday.

All three major U.S. stock indexes lost momentum as the session progressed, but ended the range-bound session in the green.

Tata Power's renewable energy arm gets a letter of award for development for a 200 MW firm and dispatchable renewable energy project with SJVN.

“Hitachi Energy Ltd stock is trading in an uptrend and in the recent consolidation phase, the prices had formed a continuation Inverted Head and Shoulders pattern. Traders can buy for a target of Rs 5000-5200,” Ruchit Jain, Lead Research, 5paisa.com, said.

The Mumbai bench of the National Company Law Tribunal (NCLT) has invalidated the change of ownership of the "Smaaash" brand, labeling it a "fraudulent" transaction by promoter Shripal Morakhia. The NCLT directed the brand to be transferred back to insolvent Smaaash Entertainment (SEPL), potentially enhancing value for the debt-laden sports entertainment company with outstanding debts of ₹452 crore.

SSF are funds that acquire distressed loans and Sebi classifies them as subcategory of alternate investment funds.

The RBI has approved the appointment with effect from November 24 till November 1, 2025. Jain, an alumnus of IIT Delhi and IIM Ahmedabad, also serves as a non-executive director on various boards including group companies of Aditya Birla.

The Karnataka High Court has invalidated the resolution plan for the takeover of insolvent wood panel and laminates maker Associate Decor, almost four years after lenders' approval. The court stated that lenders failed to provide the mandated five days' notice in writing before the plan's approval meeting, rendering it unsustainable.

Around twelve investors, including Asset Reconstruction Company India (Arcil), Aditya Birla ARC, Invent ARC, Omkara ARC, ASREC, UV ARC, Alchemist ARC, Phoenix ARC, and Prudent ARC, have shown preliminary interest in acquiring IDBI Bank's bad loans amounting to ₹8,842 crore. These distressed assets span 12 accounts, including VOVL, Jaiprakash Associates, and Wind World India.

Although overshadowed by Buffett, who relished the spotlight, Munger, a billionaire in his own right -- Forbes listed his fortune as $2.6 billion this year -- had far more influence at Berkshire than his title of vice chair suggested.

The union of Munger with Buffett is among the most successful in the history of business; they transformed Omaha, Nebraska-based Berkshire into a multi-billion dollar conglomerate with dozens of business units.

According to the study, the market share of discount brokers' active clients has climbed from 8% in FY18 to 49% in FY23. In terms of revenue, their market share also increased from 8% to 26% during the same period.

Adani Total Gas soared 20% - the highest tradable limit of the day. Adani Energy Solutions surged nearly 19%. Adani Power, Adani Green Energy, and NDTV jumped over 12% each.

According to a term sheet released by the deal broker, BofA Securities, Alipay Singapore Holdings, an entity of the Ant Group, has proposed to sell 296.1 million shares at an offer price of ₹111.28 per share. The offer price is at a 2.2% discount to Zomato's closing price on Tuesday.

"The company believes that the buyback is not likely to cause any material impact on the profitability or earnings of the company except to the extent of reduction in the amount available for investment, which the company could have otherwise deployed towards generating investment income," TCS said in a regulatory filing.

The stock witnessed a breakout from a 1-month consolidation range seen on the weekly charts where Rs 4,800 acted as a stiff resistance, while on the downside Rs 3,900 acted as a support for the stock. It recorded a breakout from the said range last week when it closed at Rs 4836. It has been forming higher highs and higher lows for the past 4 weeks.

All three major indexes were on course for monthly gains after three straight months of losses, on the rate cut optimism. The rebound has also brought the S&P 500 within a very close range of its 2023 intra-day high.

When asked about concerns in some quarters that some IPOs are priced exorbitantly, the Sebi chief said, "If disclosures on valuation are meaningless then we will certainly look into it."

Earlier this month, the Fed kept its benchmark overnight lending rate unchanged in the 5.25%-5.50% range for the second consecutive policy meeting

The Qualified Institutional Placement (QIP) transaction of the company was oversubscribed by more than two times and has witnessed a very strong response from established high-profile foreign investors and top domestic institutional investors & funds, a company statement said

India's benchmark indices closed higher on Tuesday, led by a rise in Adani Group stocks. The S&P BSE Sensex closed 0.31% higher at 66,174, while the NSE Nifty 50 index closed above the 19,850 level"The Nifty has risen above the recent consolidation high, indicating increased optimism among market participants. Furthermore, it has held steady above the critical near-term support level of 19,700. The sentiment is expected to stay positive, potentially leading to a new lifetime high in the short term. At the lower end, 19,700 could remain a crucial short-term support level," said Rupak De, Senior Technical Analyst at LKP SecuritiesHere are 5 stock recommendations for Wednesday:

The Dow Jones Industrial Average fell 1.34 points at the open to 35,332.13.

Bank of America and Morgan Stanley are advisers on the deal, which is likely to be executed later this week on Indian exchanges, said the three sources, who declined to be named as the plan is private.

Sectorally, buying was seen in energy, oil & gas, utilities, and power stocks while healthcare, capital goods, FMCG and telecom stocks saw some selling pressure

Over the past year, awarding of road projects has been below the target. In FY23, the National Highways Authority of India (NHAI) awarded 6,003 km of road projects compared with a target of 6,500 km. In the first half of FY24, MoRTH awarded road projects of close to 2,595 km during the period compared with a target of 12,500 km for FY24.

Open Interest (OI) data showed that the call side reflected the highest OI at 20,000 level, followed by the 20,100 strike prices. On the put side, the highest OI was observed at the 19,800 strike price.

At the end of trade, the market capitalisation of BSE-listed companies reached Rs 3,31,05,425.71 crore, which translates to USD 3.97 trillion at the current exchange rate of 83.34, thanks to a fag-end recovery in the equity market after a highly volatile trade.

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

In a press release issued on June 1, 2017, the company had informed the exchanges about the temporary discontinuation of regular business programming on the NDTV Profit channel.

The company is primarily engaged in the business of manufacturing of colorants finding its application in food, drug, cosmetics, cleaning compounds, agriculture and other industries.

The buyback will remain open for tendering till December 7. For small shareholders, as defined by those with investments less than Rs 2 lakh, the entitlement ratio has been fixed at 1 equity share for every 6 shares held on the record date (i.e. November 25). The ratio comes to about 17%.

The market capitalisation of all listed companies on BSE surged by Rs 2.39 lakh crore to Rs 331.1 lakh crore. The market breadth was skewed in the favour of the bulls. About 1,984 stocks gained, 1,808 declined, and 180 remained unchanged on the BSE.