India's inclusion in JP Morgan's bond index in September 2023 has increased global interest in local debt. ETFs, such as L&G ($698.9 million), UTI, BlackRock, Xtracker's, and Tabula's, now manage $835 million. Smaller investors use ETFs or Total Return Swaps, bypassing multiple operational layers, streamlined by UCITs regulations as of May 31, 2024.

Revolutionary new asset class proposed by India's market regulator, offering high-ticket investments between mutual funds and PMS/AIFs. Get ready for a wave of unique investment opportunities with flexible strategies and regulatory oversight. Will this shake up the financial industry? Find out more!

Domestic markets traded positively with Nifty futures indicating a flat start. Nifty's uptrend remains intact with no significant reversal pattern. Global markets show mixed movements. Oil prices rise on US crude stock decline. FPIs turn net buyers. Stay updated on Q1 results of major companies.

Payment aggregators are pushing for a share of government subsidies allocated for UPI transactions to cover low-value transaction costs. There are concerns over fair distribution and the impact on the digital payments ecosystem.

Domestic markets reach record levels with companies like Infosys and Asian Paints announcing first quarter results. Adani Green reports a significant increase in energy sales while Angel One experiences a decline in profits. Nazara Technologies faces GST liability issues. L&T Finance and Bajaj Finance see positive financial results.

Flow post inclusion in JP Morgan global index, analysts expect investment of around $2 b per month; India likely to reach maximum weight of 10% in Index over the next 10 months

“Bajaj Auto stock witnessed buying interest around this support as the price upmove was supported by rising volumes. Positional traders can look to buy the stock in the range of Rs. 9670-9640 for potential targets of Rs 9900 and Rs 10050,” Ruchit Jain, Lead Research, 5paisa.com, said.

Bajaj Auto's share price soared by over 99% in a year, increasing from Rs 4,859 on July 14, 2023, to Rs 9,685 on July 15, 2024. It hit a record high of Rs 10,037 on June 18, 2024, but the rally lost steam soon after. Following this, the stock corrected a little before finding support above the 40-Day Exponential Moving Average (EMA) on the daily charts in July.

The Dow Jones Industrial Average showed resilience despite tech sector woes, bolstered by strong earnings from Johnson & Johnson and Intel. This shift in investor focus away from high-performing tech stocks and towards underperforming sectors comes after a significant tech rally since late 2023.

A committee formed by the markets regulator to examine the futures and options segment has made preliminary recommendations aimed at reducing speculative trading. These recommendations, including the proposed agenda, are part of an effort to enhance stability and fairness in the derivatives market.

U.S. chip stocks fell more than 4% on Wednesday after Republican presidential nominee Donald Trump sounded lukewarm about defending Taiwan and a report that Washington is mulling tighter curbs on export of advanced semiconductor technology to China.

The investor concerns overshadowed second-quarter earnings at Europe's largest technology company that beat forecasts and showed a rise in AI-linked bookings, as well as continued strong sales in China.

​​The recent addition in this category are utility stocks, like city gas distributors (CGD). Because these are boring businesses, one will not find a gas distribution company suddenly witnessing a sharp increase in topline or bottomline because the underlying business is such. On the contrary, there are chances, some change in regulation may bring pressure on their bottom line.

Capital markets regulator Sebi's proposal for introducing a new asset class for high-risk profile investors can help them gain access to a newer set of strategies including long-short equity fund and inverse Exchange-traded Fund (ETF).

The S&P 500 opened lower by 57.13 points, or 1.01%, at 5,610.07, while the Dow Jones Industrial Average fell 91.91 points, or 0.22%, at the open to 40,862.57.

Indian benchmark indices logged record closing highs on Tuesday, led by gains in heavyweight IT stocks. The S&P BSE Sensex closed 0.06% higher at 80,716, while the NSE Nifty50 index ended above the 24,600 level."The near-term uptrend of Nifty remains intact. Though, Nifty is consolidating at the higher levels, still there is no confirmation of any significant reversal pattern building at the highs. Further upmove from here could pull Nifty towards 24,900 levels in the next week. Immediate support is at 24,450 levels," said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.Here are 4 stock recommendations for Thursday:

Shares of state-owned behemoth Life Insurance Corporation (LIC) have outperformed rivals like HDFC Life and ICICI Prudential Life as it placed bets on India's growth sectors, including infrastructure, while the private sector concentrated bet on tech, consumer and consumer-related BFSI companies.

The Indian market closed flat on Tuesday with a positive bias. The S&P BSE Sensex closed above 80,700 levels while the Nifty50 held onto 24,600.

Zomato saw Rs 635 crore in block deals with buyers like Societe Generale, Morgan Stanley, and Axis Mutual Fund, while Motilal Oswal sold 2.84 crore shares at Rs 226.85 each. Their platform fee rose to Rs 6 per order. Shares hit a 52-week high of Rs 232 but dropped 4.71% to Rs 218.35 with past platform fee increase details.

According to an exchange filing, the Director General of GST Intelligence in Kolkata issued show cause notices to Openplay Technologies and Halaplay Technologies on Tuesday, July 16. The proposed liabilities are Rs 845.72 crore for Openplay Technologies and Rs 274.21 crore for Halaplay Technologies.

An FMCG company, which operates in extremely niche and small markets but no competitor has been able to beat it for the last three decades. A crockery maker which makes tableware and has been able to beat the best of the competition which comes from China made products. There are some businesses, which are small in size, but they are dominated by one or max two players which have perfected the business so well that even the best of the competition which can be in form of imports or a large player entering into that segment cannot do any harm. What happens is that while they are small, but they are doing good for a long period of time, their cash positions become strong. When looking at small caps just check if that company has some advantage, it could be product, brand, niche segment and it meets certain financial criteria than buy them and ride the rally over the long term.

ETMarkets' latest mutual fund analysis focuses on stocks held exclusively by a single scheme. Initially, the analysis came up with 137 such stocks as of June 2024. To streamline our approach, we focused on stocks where the market value of the mutual fund scheme exceeded Rs 25 crore as of June and which had seen share price increase ranging from 30% to 100% in the calendar year 2024 to date. Applying these criteria, a total of eight stocks met these specific conditions. (Data Source: ACE Equity, ACE MF)

With the Union Budget of the new government slated for next week, expectations are running high across industries. Brokerage firm JM Financial has taken a positive stance on select stocks from various sectors. The brokerage is particularly bullish on key sectors such as BFSI, industrial/engineering, automobiles, real estate, infrastructure, energy, and metal & mining.Here is a list of sectors and stocks JM Financial is bullish on:

​​ The operating margin before depreciation and amortisation (EBITDA margin) for the maker of Pulsar and Dominar bikes expanded by 132 basis points year-on-year to 20.2% in the first quarter of FY25. It was on account of lower raw material costs, a richer product mix that increased average selling prices, and the benefit of production-linked incentives. It was the third consecutive quarter where the company reported above 20% margin.

Indian benchmark indices logged record closing highs on Tuesday, led by gains in heavyweight IT stocks. The S&P BSE Sensex closed 0.06% higher at 80,716, while the NSE Nifty50 index ended above the 24,600 level."The near-term uptrend of Nifty remains intact. Though, Nifty is consolidating at the higher levels, still there is no confirmation of any significant reversal pattern building at the highs. Further upmove from here could pull Nifty towards 24,900 levels in the next week. Immediate support is at 24,450 levels," said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.Here are 4 stock recommendations for Thursday:

The struggling state-run company had received 936 million rupees ($11.21 million) from the government for the interest payment as per the guarantee agreement for the bonds, as it did not have sufficient funds for the payout.

​​The recent addition in this category are utility stocks, like city gas distributors (CGD). Because these are boring businesses, one will not find a gas distribution company suddenly witnessing a sharp increase in topline or bottomline because the underlying business is such. On the contrary, there are chances, some change in regulation may bring pressure on their bottom line.

In 2024, the benchmark index Sensex saw a rise of about 12%, and the BSE500 index gained 20%. During this time, around 15 stocks from the BSE500 list have become multibaggers. Notably, Cochin Shipyard has shown outstanding performance with a remarkable increase of more than 300% so far this year. ETMarkets is showcasing the top 10 performing stocks from this list. (Source: ACE Equity)

The Federal Reserve's potential rate cut influenced global markets. Yen support affected Tokyo's Nikkei; Australia's S&P/ASX reached a record high. Taiwan Semiconductor fell. Trump's assassination attempt caused volatility. The S&P 500 and Dow Jones rose. Oil prices remained stable. The 10-year Treasury yield dropped amid strong retail sales. September rate cut probability and short-term bond yields are notable.

Investors are adjusting their portfolios in anticipation of a possible second Trump term, with stock markets rallying on hopes of favorable policies and bond markets wary of fiscal consequences. The outcome of the election remains uncertain, but market movements reflect growing expectations of a Trump victory.

Zomato saw Rs 635 crore in block deals with buyers like Societe Generale, Morgan Stanley, and Axis Mutual Fund, while Motilal Oswal sold 2.84 crore shares at Rs 226.85 each. Their platform fee rose to Rs 6 per order. Shares hit a 52-week high of Rs 232 but dropped 4.71% to Rs 218.35 with past platform fee increase details.

Joanne Goh of DBS Bank highlights public capex's role in driving economic and earnings growth, favoring small and midcaps. India’s 7.8% GDP growth, stable global trends, rising domestic consumption, and strong emerging market inflows boost sentiment. Yet, elevated valuations, geopolitical uncertainties, and private consumption dynamics present fiscal policy challenges.

Learn about the historical performance of sectors on Budget Day in India and get valuable insights on hedging strategies. Trustline Securities offers comprehensive financial services to help investors make informed decisions.

Driven by overconfidence and market euphoria, new investors direct 33% of mutual fund inflows to thematic funds (2.25 crore folios). This risky trend contrasts stable diversified funds, advised for novices. Nilesh D Naik highlights higher volatility and maximum drawdown in these funds, recommending them for experienced investors familiar with market cycles.

Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.

Motilal Oswal Mutual Fund sold ₹645.84 crore worth of Zomato shares, causing a 4.71% drop in stock price, despite a 15.8% gain over the past month.

Kotak Mahindra Bank adjusts growth strategy by prioritizing physical branch expansion after ban on digital onboarding. Analysts divided on potential impact with concerns over slow loan growth in the upcoming quarter.

Institutional investors from the US and Japan are increasing their exposure to Indian equities post Modi's election victory. US funds hold a record 42.2% share while Japanese funds are at 2.9%. Interest rate differences between countries are impacting investment decisions.

Wall Street rose as Dow hit high on U.S. retail data. Nvidia, Microsoft limited Nasdaq. Small caps, Russell 2000 gained. Dow transportation, value stocks surged. September rate cuts likely, said Greg Bassuk. UnitedHealth, Bank of America profits exceeded expectations. Mixed results for Morgan Stanley, Schwab. S&P 500 saw gains; trading volume was high.

Global markets react anxiously to the potential impact of a Trump victory, with stocks dipping and currencies fluctuating. Speculation on future rate cuts and trade tensions add to the volatile atmosphere. Gold prices surge near record highs while oil prices slide. Will the world economy weather the storm?

U.S. retail sales held steady in June, defying expectations of a decline. Excluding automobiles, sales actually rose 0.4%. Despite this positive data, traders remain confident that the Federal Reserve will cut interest rates by 25 basis points in September.

Defence stocks have been having a dream run ever since the Modi government started the 'Aatmanirbhar Bharat' campaign. The returns in the sector are mouth-watering in a one-year time frame. The shares of Cochin Shipyard is up nearly 9 times, GRSE 4 times while most other defence counters have at least doubled money.

Investors can invest a minimum of Rs 10 lakhs in such products, below the threshold of Rs 50 lakh for portfolio management service (PMS) and Rs 1 crore for alternative investment funds (AIFs). The minimum investment size of mutual funds is as low as Rs 500 and there is no cap. Several affluent investors put money in PMS and AIFs for more focused and unique investment strategies.

Defence stocks have been having a dream run ever since the Modi government started the 'Aatmanirbhar Bharat' campaign. The returns in the sector are mouth-watering in a one-year time frame. The shares of Cochin Shipyard is up nearly 9 times, GRSE 4 times while most other defence counters have at least doubled money.

The funds raised will help reduce overall indebtedness, cut debt servicing costs, and improve the debt-to-equity ratio. It will enable better utilisation of internal accruals for business growth and expansion, Vedanta stated in its QIP filing to stock exchanges.

Motilal Oswal sold 64.81 lakh shares in RVNL, according to a note from Nuvama Institutional Equities. The stock is gaining attention with just a week until the Union Budget 2024. It has delivered multibagger returns of 421% over the past 12 months and an impressive 242% return so far in 2024.

Apollo Tyres' recent higher bottom formation on the daily chart, supported near the 518 level, signals a positive bias for further gains. The Relative Strength Index (RSI) has retreated from overbought territory, suggesting continued strength and potential for upward movement. A break above 560 would confirm a breakout and trigger further advances.

On Tuesday, the benchmark Sensex rose by 52 points, closing at 80,717. During this upward movement, six stocks from the BSE energy index achieved their highest prices over the past year. Reaching a 52-week high is notable because it signifies the peak value a stock has achieved over the previous year, providing an important benchmark for traders and investors. This milestone helps evaluate the current valuation of a stock and anticipate potential future price trends.

Cement makers have not been able to raise prices in any of the months since November 2023. It has prompted them to focus on volume growth, which is likely to increase the competitive intensity.

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 Tuesday's trading session, five stocks witnessed a long unwinding. Here's the list: