Birla Tyres has been in the business of manufacturing tyres for 25 years. It earlier had a collaboration with Italian tyre manufacturer Pirelli. The company was demerged from the group's flagship firm Kesoram Industries in 2018.

In a day filled with exceptional market activity, several small-cap stocks reached new all-time highs on October 20, highlighting their impressive performance and growth potential.

On Friday's mutual fund analysis, ETMarkets focused on stocks with the poorest performance in the calendar year 2023, specifically those held by at least 25 MF schemes.Of approximately 411 stocks held by 25 or more MF schemes, 76 have posted negative returns in CY23 so far. The emphasis is on stocks that have experienced a significant decline of over 25%. Applying the metric we have listed out 9 stocks that fit the bill. Monitoring stocks that are held by a considerable number of mutual funds and have undergone substantial corrections is essential because mutual funds generally make their investment decisions after conducting thorough research. (Data Source: ACE MF, ACE Equity).

Whether it is upward or southward movement of Nifty and Sensex, it is largely led by financial services stocks which include banks, both private and public sector and other heavyweights which essentially are part of the financial services. The reason, high ownership of foreign portfolio investors ( FPIs) in the majority of financial services and banking stocks. Given the fact that yields on US bonds have reached closer to 5 percent mark and there are clear fears looming on the street, about an increase in global cost of capital.

Tanla Platforms’ revenue for the second quarter surged 18.5% on year to Rs 1,008.60 crore, marking the first quarter where the topline crossed the Rs 1,000-crore mark. The rise in topline was aided by a 7% growth in organic revenue and 27% in the digital platforms segment.

Here is a list of 8 stocks, which shall trade ex-dividend next week. Their record dates also coincide with their ex-dates. This means investors need to appear on the shareholders' list by then to be eligible to receive the dividend amount. Take a look: (Source | StockEdge)

Till a few months back If any global investor wanted to take exposure to the housing finance sector in India. The first choice would be HDFC ltd, Post the mergers with HDFC bank, to take exposure to HDFC, investors will have to buy HDFC bank, which they may or may not do, given constraints under which each fund works. So one of the unintended consequences of this merger of HDFC Ltd and HDFC bank has been that other pure housing finance stocks have a higher probability of getting attention from investors. Now this has happened at a time when after a long phase of headwind and turbulence in which the sector saw many companies going down under and some exchanging hands, some respite has emerged and some tailwinds are emerging.

The price action was accompanied with significant volume action as over 58.85 lakh shares were on the block around 10 am on the NSE.

Nifty FMCG index was the worst performing index and was trading more than 1% or 600 points lower from Thursday's closing level.

Tata Communications’ fall in net profit comes even as revenue from operations saw a 10% jump on-year to Rs 4872.5 crore in the September quarter as compared to Rs 4430.74 crore in the corresponding quarter of last year

The company also received the same work order from Western Railways for the Petlad-Bhadran (22.5 km) stretch of the Vadodara division. The Rs 174.27 core order, too, has to be completed in 24 months.

Nifty FMCG index was the worst performing index and was trading more than 1% or 600 points lower from Thursday's closing level.

Policy instruments are meant to regulate the overall level of credit in the economy through commercial banks. Selective credit controls aim at controlling specific types of credit. They include changing margin requirements and regulation of consumer credit.

FMCG major Hindustan Unilever Ltd (HUL) has reported a 4% growth in its standalone net profit at Rs 2,717 crore for the quarter ended September 2023.

The price action was accompanied with significant volume action as over 58.85 lakh shares were on the block around 10 am on the NSE.

A host of brokerages are bullish on several stocks from different sectors, such as banking, and oil & gas. Trendlyne data shows that 10 stocks, including HDFC Bank, Reliance Industries, CG Consumer Electricals, and Kajaria Ceramics have high analyst ratings and can rally up to 30%. Here's a list of these stocks:

MRPL is a Miniratna company for which analysts expect an upside rally in near term. MRPL stock has been a consistent mover over the past 12 months, giving returns of 82% and outperforming the Nifty50, which has returned nearly 12% during the same time.

The chart pattern suggests that bulls are here to stay and the rally could get extended towards 700 levels in the next 3-4 weeks, suggest experts.

ITC’s daily trend is bullish to sideways. The RSI for weekly and daily is showing sideways momentum, however, the RSI for monthly is showing bullish momentum. Based on option chain analysis, the range is between 440 and 460. Let’s plan a trade around this.

After September in which Indian equities worth around Rs 14,768 crore were sold by FIIs, October is the second consecutive month where FIIs have been on a selling spree amid a sustained rise in US bond yields.

ETMarkets analysis showed that at least 10 stocks, added by more than 20 mutual fund schemes in September, have given stellar returns so far in FY24, with four of them even turning out to be multibaggers.

Nomura maintained a neutral rating on Havells India with a target price of Rs 1410. The 2QFY24 EBITDA was below broader consensus estimates.

Tata Motors expects CV demand to improve sequentially for the rest of FY24, and is focusing on gaining retail market share, delivering double-digit operating profit growth in FY24 by improving realization and cost savings. Demand for the PV industry is likely to remain steady with the onset of the festive season, and Tata Motors is expected to grow ahead of the market.

In the NSE list of stocks with a market cap of over Rs 1,000 crore, five stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on October 19, 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.

SoftBank, through its affiliate SVF Growth Singapore Pte, has sold a 1.09% equity stake in Zomato in a bulk deal worth Rs 1,040.5 crore. This comes after SoftBank offloaded a 1.17% stake in Zomato in August. The Japanese investor has been reducing its stake in Zomato as the lock-in period for the post-Blinkit deal ended in August. SoftBank has also been reducing stakes in other companies, including PB Fintech and Paytm.

Volatility has been moving in a narrow range at around 11 zones thus not creating major panic in the market even though the upside remains capped.

In the NSE list of stocks, three stocks with a market cap of over Rs 100 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 19.

Opening Bell: Sensex falls over 250 points, Nifty below 19,550; Tanla Platforms rallies 8%, HUL drops 2%

Tata Motors plans to strengthen its position by launching several EVs over the next 2-3 years. Further, its India CV business is on a strong footing and refreshed product portfolio in the PV business will enable a sustained recovery. Besides, stake sale in Tata Technologies IPO will help reduce debt. As a result, Sneha Poddar of Motilal Oswal Securities is bullish on the automaker.

For weeks, traders have been watching for a possible intervention by Japanese officials to combat a sustained depreciation in the yen, down 12.5% against the dollar this year.

In the Nifty500 pack, we have collated a list of seven stocks that witnessed a 5-year swing high at the close on October 19, suggesting bullishness in counters, according to stockedge.com's technical scan data. Take a look.A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond. This occurrence may be seen as a bullish sign, indicating the potential for further upward movement in the stock.However, it's worth noting that this is different from a 5-year breakout, which occurs when a stock's price surpasses a key resistance level that has held for five years.

Fed Chair Jerome Powell acknowledged recent signs of cooling inflation but said on Thursday that the central bank would be 'resolute' in its commitment to its 2% mandate.

It was another day of weakness for the Nifty. It hit an intraday low in the early minutes of the day and then bounced back. But it still closed with a loss.

Over two 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 19, Thursday, 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)

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 Atul Auto and Birlasoft, while Nooresh Merani has a buy/sell recommendation on ACC and IndusInd Bank for today's trading session. Check out the targets and stoploss.

"The quicker we can get some news on what caused the incident, the quicker the market will be able to move on," she said. "We may see a little bit of volatility at the open tomorrow."

USA-STOCKS/ (UPDATE 6)US STOCKS-Wall St ends down as Treasury yields surge, Powell speaks

Stocks that were in focus included names like Persistent Systems, which rose 2.26%, Dabur, which gained 1.22%, and LTIMindtree, whose shares jumped 6% on Thursday.

GIFT Nifty on the NSE IX traded 45 points, or 0.23 per cent, lower at 19,512, signaling that Dalal Street was headed for negative start on Friday. Here's a slew of stocks that will be in focus today for various reasons.

Appearing to align himself with Fed colleagues who have recently said the bond market is now doing some of the central bank's work for it, Powell in remarks to the Economic Club of New York agreed "in principle" that the rise in yields was helping to further tighten financial conditions and "at the margin" might lessen the need for additional Fed rate increases.

The surge in the 10-year U.S. benchmark yield overnight to 5% has raised borrowing costs around the world. On Friday, the Bank of Japan intervened in the Japanese government bond (JGB) market as the 10-year JGB yield touched a decade high.

New 3 yr facility from a mega consortium of 18 banks will simplify debt structure, improve credit rating, boost cement sector growth plans while saving upto quarter of a billion dollars. Largest refinancing in APAC this year.

Bain, KKR and Carlyle keen on control, open to backing ex-CEO Chaudhry and Ranjan Pai as anchor investor; Byju’s parent denies sale plans

While major lenders have offered term sheets of up to ₹6,000 crore, smaller funds have shown interest in providing loans ranging from ₹800 crore to ₹1,000 crore, contributing to the larger financing package.

JSW Steel, Paytm, Hindustan Zinc and a slew of other companies will announce their second quarter results today.

Japanese tech giant SoftBank, through its affiliate SVF Growth Singapore Pte, is likely to sell 1.1% stake in food delivery company Zomato through block deals on Friday.

“KPR Mill stock has recently ended a nearly 2-year-long consolidation phase and formed a fresh buying pivot while hovering around the breakout area of the range. Traders can buy for a target of Rs 920 in the next 1-2 months,” Ajit Mishra, SVP - Technical Research, Religare Broking Ltd., said.

He also pointed to tightening financial conditions, driven by a rise in longer-term bond yields

Despite an early dip, the Nifty, however, showed remarkable resilience, rebounding 113 points to conclude the session 46 points down at 19,625. The Sensex, which fell 843 points in the last six trading sessions, closed at 65,629.

Demand in rural areas has fallen on a two year basis although the pace of decline has reduced significantly over both sequential and from a year earlier, it said.