The lender's total income rose by 53% at Rs 1,248 crore, while net interest income rose by nearly 50% at Rs 772 crore. Pre-provision operating profit increased by 68% at 563 crore. The NBFC-MFIs gross loan portfolio grew 36% year-on-year (YoY) to Rs 22,488 crore, while the customer base expanded 21% to 46.03 lakh at the end of September.

While the reasons have been different at various points of time, in the last six weeks, Dalal Street has had occasional sightings of bears. The difference is that they are seen in different parts of the markets, some time in nifty, some time in mid-cap stocks. Last friday it was the turn of the mid-cap segment, the cut in mid-cap stocks were more as compared to nifty heavy weights. Given the fact the valuations are not very cheap, caution is visible on the street. It is time to take a step back, think and then make a decision both when buying and selling any stock. These selected stocks depict a strong upward trajectory in their overall average score. This implies that there has been a significant improvement in their market outlook in the given time frame.

Investors now await Australia's September inflation figures, which will likely set the tone for the Reserve Bank of Australia's (RBA) next policy meeting.

"Concerns about a possible worsening of Middle East tensions will continue to be a weight on the Japanese stock market," said Maki Sawada, a strategist at Nomura Securities.

Its gross non-performing assets ratio as of September 30, was 2.0%, unchanged from the quarter-ago period, but sharply lower than 12.9% a year ago. Net non-performing assets ratio as of September end was 0.9%, compared to 3.6% a year ago, and 1.0% a quarter ago.

Brokerage firm Nuvama expects Kilpest India to sustain healthy growth in the molecular diagnostics business, led by product launches, acquisition of new customers, and geographical expansion. The brokerage has a “buy” rating on the stock with a price target of Rs 1,184. This implies an upside potential of 57% from the current levels.

A lot also depends on what the market is expecting, however a HIGH for long interest rates can certainly put pressure on global economic growth as well as market multiples.

Nifty fell over 1% in the last week as investors worried about higher interest rates and the Middle East conflict. However, a host of analysts shared their tech views on particular stocks that can rally up to 9% in the near term. These stocks include BHEL, Kotak Bank and IndusInd Bank.Here is a list of 5 tech picks from various analysts:

The Nifty saw a weak opening and was directionless throughout the day.

CLSA maintained a sell rating on JSW Steel but raised the target price to Rs 250 from Rs 234 earlier.

The breakout has opened room for the stock to head towards 200 levels in the next 3 months, suggest experts. Short-term traders can look to buy the stock around 160.

Among foreign brokerages, Jefferies downgraded the stock to hold while slashing the price target while CLSA took a contrary view and maintained an outperform rating on the counter.

BSE said with effect from November 1, the transaction charges structure for equity derivatives segment will be revised with effect from November 1 for Sensex options with nearest and immediate expiry. Under the new rules, transaction charges for incremental billable monthly turnover or premium value up to Rs 3 crore would be Rs 500.

From the Sensex stocks, ICICI Bank and Bajaj Finance were the top gainers, rising nearly 1% each. Tata Motors, M&M, Axis Bank, and Bharti Airtel also opened higher. On the other hand, Kotak Bank, TCS, Titan, L&T, and Asian Paints opened lower.

Sensex, Nifty trade flat; Kotak Mahindra Bank falls 3%, JSW Energy jumps 3%; ICICI Bank, Bajaj Finance, Nestle India are some of the gainers in the morning trade.

Crop protection products maker Kilpest India has seen multiple transformations in the last 50 years. The company plans to amalgamate the molecular diagnostics business, which constitutes over 80% of its revenue. It is likely to sustain healthy growth in this business, led by product launches, acquisition of new customers, and geographical expansion, says Sandeep Raina, executive vice president - research, Nuvama Professional Clients Group.

India's second-largest private lender, ICICI Bank, on Saturday reported a 36% year-on-year (YoY) growth in net profit for the quarter ended September to Rs 10,261 crore. Net interest income increased 24% on year to Rs 18,308 crore. Total income for the quarter increased 31% on year to Rs 40,697 crore.

GIFT Nifty on the NSE IX traded higher by 83.5 points, or 0.43 per cent, at 19510, signaling that Dalal Street was headed for positive start on Monday. Here's a slew of stocks that will be in focus today for various reasons.

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 Escorts Kubota and Mtar Tech, while Nooresh Merani has a buy/sell recommendation on Sun Pharma and Indusind Bank for today's trading session. Check out the targets and stoploss.

One and a half dozen stocks are trading with momentum indicator RSI trending up. ETMarkets has picked five stocks in this pack to give insights about their movement trends on October 20, Friday, ahead of the market opening today. RSI or the relative strength index computes the ratio of the recent upward traction in the stock price movement relative to its absolute price movement. The RSI value ranges between 0 and 100. Herein the StockEdge data takes into consideration the time period of 14 days to compute RSI. Furthermore, RSI also enables an understanding of the stock’s overvalued or oversold state. (Source: StockEdge)

Volatility has been moving in a narrow range around 11 zones and thus not creating any major panic in the market with a capped upside.

In the NSE list of stocks with a market cap of over Rs 100 crore, four stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on October 20, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

In the NSE list of stocks, four stocks with a market cap of over Rs 1000 crore are witnessing Golden Crossovers, according to stockedge.com's technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks' 50-day simple moving averages (SMA) crossed their 200-day SMAs on October 20.

The European Central Bank and Bank of Canada also hold policy meetings and, while no hikes are expected, investors will be sensitive to guidance on futures moves.

The report comes less than three months before Taiwan votes in presidential and parliamentary elections.

Stocks that were in focus included names like Tanla Platforms, which rose 4%, YES Bank, which gained 1.76%, and Tata Communications, whose shares declined 3.82% on Friday.

Foreign portfolio investors were net buyers at Rs 456 crore on Friday. DIIs bought shares worth Rs 8 crore.

Shares of Torrent Pharma, Lloyds Metals, and PNB Housing will be in focus as the companies will announce their second quarter results.

“Cipla is coming out on a weekly frame and has surpassed its 50 DEMA with a spurt in volumes. Traders can buy the stock for a target of Rs 1275 in the next 2-3 weeks, and a stop loss can be placed below Rs 1185,” Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd, said.

​ET analysed the median salaries for male and female employees disclosed by Nifty50 constituent companies. Of the 50 companies, 43 disclosed this data in their FY23 annual reports. The median male salaries were higher than median female salaries in 31 of these companies. The median female salaries were, on average, 9.2% lower than the median male salaries.

Vaswani's challenges as the CEO of the country's fourth largest bank with a market value of ₹3.51 lakh crore would include ensuring management stability, building scale in commercial banking, maintaining margins while growing the balance sheet, and preserving a culture built on conservatism rather than aggressive growth, industry watchers said.

In the recent MPC meeting, member Ashima Goyal said a sudden rise in Indian household debt could be a concern, as per the minutes of the meeting released on Friday. "Prudential tightening, such as raising LTV ratios or risk weights, would be preferable to raising policy rates ... After the firm lending-based NPAs, most banks are trying to increase retail loans. These are secured or based on cash or salary flows. But it will help make sure lending continues to be risk-based and internal assessments are robust," Goyal said.

While the central bank has not yet sent any specific queries or sought new disclosures from other banks, bankers expect that the RBI will henceforth scrutinise digital data more closely and not take anything at face value. "So far the RBI used to take updates and data on the progress of digital channels from banks at face value, but going forward we expect more scrutiny and comments from the RBI on this," the digital head of a private sector bank said.

After two days of intense bidding, Adani Power emerged as the winner late Saturday evening, said two people with knowledge of the matter. Jindal Power, the other bidder in the fray, quit the race, they added. The interest in Coastal Energen, undergoing corporate insolvency, is mainly because it is among a few operational power plants for sale.

​Bank CEOs are tapping top legal minds, alerting their compliance teams, and discussing with each other to spot the pitfalls of the Digital Personal Data Protection Act (DPDPA) - a statute under which hundreds of crores of fines can be imposed on organisations for breaches. The law that came into existence this year lays down that data can be collected only to the extent it is required, used only for the purpose for which it is taken and cannot be held on to beyond a point.

The view clashes with swaps pricing that shows a pause from the ECB virtually baked in this week - and only a 10% chance of a 25 basis-point hike at a subsequent meeting. In the US, swaps show a 40% chance of another quarter-point hike from the Federal Reserve.

Individual shares have, of course, reacted to earnings announcements in the week or so since Corporate America started reporting results.

​They caution if this support is breached, there is a likelihood that the index could further decline towards the range of 19,000 to 18,900 in the coming weeks. Analysts suggest traders may want to explore potential opportunities in Reliance, HDFC Bank, IndusInd Bank, and Sun Pharma.

With the proposed road map by the Delhi government mandating a phased shift of all cab aggregators and delivery vehicles, to electric by 2030 seen impacting Indraprastha Gas (IGL), analysts are expecting its shares to continue underperforming in the near term. The company derives over 70% of its revenues from compressed natural gas (CNG).

There are a few reasons why analysts have raised their forecast on the company's operating profit or earnings before interest, tax, depreciation and amortisation (Ebitda).

Short-term traders can buy the stock for a possible short-covering move which could take the stock towards 1275 levels, suggest experts. The stock reversed losses after hitting a low of Rs 852 on 22 March 2023. The stock closed at Rs 1223 on 19 October which translates into an upside of over 40%.

The Indian market closed in the red for the third consecutive day, with the S&P BSE Sensex falling over 200 points and the Nifty50 closing below 19600 levels. Stocks in the oil & gas, metal, telecom, FMCG, and energy sectors saw selling. Some stocks that performed well include Bombay Burmah Trading, Angel One, and Paytm, which hit fresh 52-week highs. Analysts recommend buying Bombay Burmah for long-term investment, Angel One for a positional target of 2490, and Paytm with a stop loss at 948.

While all the headlines have been hogged by new age companies and sectors, there has been a sharp surge in valuations in one sector which has performed extremely well in the last two years. It i the hospital space and it is still under the radar. The post listing performance of IPOs from this space shows that both domestic and institutional investors are ready to pay a premium to have these stocks in their portfolio. Given the macro picture , it has a secular growth trend as per capita spending is likely to continue to increase.

Given the huge difference in what is value and what looks cheap due to one financial ratio, more often than not, relying on PE may lead to wrong investment decisions. PEG ratio is much better compared to the commonly used P/E ratio. It helps in avoiding stocks which might appear cheap but actually are not value buys. Especially in sectors like banking and metal where the operating matrix is very different from the manufacturing sector.

Benchmark equity indices closed lower for the third straight session on Friday, dragged by auto, FMCG and IT stocks. The S&P BSE Sensex closed 0.35% lower at 65,397, while the NSE Nifty 50 index ended below the 19,550 level."The short term trend of Nifty remains negative. A slide below the immediate support of 19480 could drag Nifty towards another important support of 19350 levels in the near term. Immediate resistance is placed around 19650 levels," said Nagaraj Shetti, Technical Research Analyst, HDFC Securities.Here are 5 stock recommendations for Monday:

While all the headlines have been hogged by new age companies and sectors, there has been a sharp surge in valuations in one sector which has performed extremely well in the last two years. It i the hospital space and it is still under the radar. The post listing performance of IPOs from this space shows that both domestic and institutional investors are ready to pay a premium to have these stocks in their portfolio. Given the macro picture , it has a secular growth trend as per capita spending is likely to continue to increase.

The market capitalisation (mcap) of ICICI Bank dived Rs 13,518.4 crore to Rs 6,53,120.67 crore and that of ITC dropped Rs 12,533.27 crore to Rs 5,46,537.83 crore

It is a well known fact that equities are fraught with risk. But the word “risk” also needs to be further looked into. In equities the risk is more in the short term, over longer term, it is not very high. Also, when diversified in the manner that exposure is to different segments of an economy, risk of a sharp decline in value comes down. Another way to manage risk is that when valuations are high, move to companies which have strong and large balance sheets and have seen many economic cycles and have survived the slowdowns in the past.

A company issues bonus shares for their shareholders in order to increase the liquidity of the stock as well as with the aim to decrease its stock price to make it affordable for investors

From HDFC Bank to ICICI Bank, a host of index heavyweight companies have reported second-quarter of FY24 earnings this week. If you have missed tracking the numbers, here is a quick snapshot