The 23,780-23,800 range will serve as critical resistance for the index. On the downside, the 50-weekly simple moving average (WSMA) is placed near 23,300, which will provide short-term support for the index. Overall, the short-term trend is down till index remains below 23,800, said Hrishikesh Yedve of Asit C Mehta Investment Interrmediates.

Fitch Ratings has maintained its 'B-' rating for Vedanta Resources Ltd (VRL), the parent of Vedanta, while assigning a positive outlook that signals potential upward momentum.

Shares in Japan and South Korea fell alongside Hong Kong equity futures. Contracts for US benchmarks declined Thursday in Asian trading after falling on Nvidia earnings. The chip giant met third-quarter revenue and earnings expectations, but failed to meet the highest estimates for future revenue. Shares in Australia were slightly higher.

Just as the market was about to witness one of its strongest FII selling phases, an auto company opened bookings for a new model. There were over 1.76 lakh bookings in just 60 minutes! Yet, the auto stock declined sharply in the ensuing correction. Should you be looking at what this one model will do to the bottom line of the company? Or should you be paying attention to the Nifty and Sensex and accompanying narratives? The answer is obvious. And needless to say, the stock bounced back at the first hint of recovery in the market. Is the auto company the only winner? No. An auto ancillary company supplying parts for that model would also be a winner. So, having both in your portfolio would be better. 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.

Despite festive spending and a recovering agricultural sector boosting the Indian economy, rising inflation threatens to undermine growth, particularly in industry and exports, according to RBI researchers. While financial markets experience corrections due to a strengthening US dollar and foreign investment outflows, the RBI remains committed to price stability and growth.

Vodafone Idea's network upgrade plans face potential delays as banks demand additional collateral for issuing letters of credit to equipment suppliers. Despite claims of sufficient funds for the fiscal year, banks remain cautious due to Vi's substantial debt, including AGR dues. This situation could hinder Vi's ability to compete effectively with rivals like Jio and Airtel.

“We believe Asia in 2025 will look very different from what it did in the past few years,” said HSBC’s analysts. “Mainland China is turning a corner, India is slowing, ASEAN is investing in new infrastructure, and, in North Asia, the story is all about AI and returning cash to shareholders through dividends and share buybacks.

​​According to data from primeinfobase.com, the value of the portfolios of Radhakishan Damani, Rakesh Jhunjhunwala's family, Ashish Dhawan and Nemish Shah, among others, fell amid the 10% decline in the Nifty since Sept 27.

The Department for Promotion of Industry and Internal Trade (DPIIT) has given the green light to the ₹10,000-crore acquisition of Reliance Capital by IndusInd International Holdings (IIHL). This approval clears the final regulatory hurdle for the deal.

The study compared how many stocks fell by what extent whenever the benchmark indices fell at least 10% from their highs. In the past decade, the Nifty has fallen at least 10% from its highs on at least six occasions (including the current one). In most of these instances, more mid-cap and small-cap stocks have fallen at least 30% than in the ongoing declines.

In the short term, stock prices are impacted by events and the narratives built around them. For the next session or two, they could be impacted by the Maharashtra election exit polls and news flow from the Ukraine-Russia front. In the medium- to long-term, however, stock prices and the absolute value of stocks depend on the fundamentals of the sector – as well as valuations, which are still high despite the latest correction. But, at the same time, fundamentals are improving for several industries. So, analysts are bullish about specific sectors and stocks. If the Nifty and market breadth stay positive in the coming trading sessions, it is likely we will see mid-caps gaining strength. It would also probably signal the end of this phase of correction, which began in October.

Select stocks gain momentum even in volatile markets.

Maruti Suzuki India Ltd is showing signs of recovery after hitting a record high in August and subsequently declining. Experts suggest the stock could reach Rs 11,500-Rs 12,000 levels if momentum continues, with a support level at Rs 10,700.

The Indian benchmark Nifty 50 ended a seven-day losing streak, driven by gains in HDFC Bank and Mahindra & Mahindra. The market saw a short-term relief rally after slipping into correction territory. Despite the rise, analysts remained cautious, highlighting potential volatility and resistance levels.

Nazara Technologies' stock surged despite a weak Q2 performance, driven by strategic acquisitions aimed at boosting revenue and margins. The company, focusing on esports and skill-based gaming, has seen promoter and institutional investor holdings decrease. Analysts remain optimistic about Nazara's growth prospects, citing potential profitability improvements from recent acquisitions.

The Dow Jones Industrial Average rose 27.1 points, or 0.06%, at the open to 43,296.05.

Motilal Oswal stated that India’s long-term equity outlook remains strong, supported by corporate deleveraging and robust earnings. However, the firm advised investors to moderate their near-term return expectations. "The era of easy returns is over," the report warned, emphasizing the need for disciplined investment strategies to navigate the changing market environment.

Indian headline indices ended Tuesday in the green, breaking their seven-session losing streak, aided by gains in auto and pharma stocks. The 30-component BSE Sensex closed the day with a minor uptick, gaining 0.31% or 239 points, at 77,578.38, while the Nifty 50 was up by 64.70 points or 0.28%, at 23,518.50.Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities, said that Nifty remained volatile throughout the session due to a sudden spike in geopolitical tensions between Russia and Ukraine, causing the index to fall below its 200-day moving average (DMA) once again."On the technical front, the Nifty managed to hold above its recent low, indicating a potential bullish reversal as long as it does not breach the 23,350 level. Conversely, if the index sustains above the 23,500 level, it could move toward the 23,700–23,800 zone," De said.Indian stock markets are closed today due to the assembly elections in Maharashtra.Here are 5 stock recommendations for Thursday:

Are Indian markets in a bearish zone? Could Nifty slide further? Is there more correction on the charts? Here’s what you should know and how to prepare.

Motilal Oswal stated that India’s long-term equity outlook remains strong, supported by corporate deleveraging and robust earnings. However, the firm advised investors to moderate their near-term return expectations. "The era of easy returns is over," the report warned, emphasizing the need for disciplined investment strategies to navigate the changing market environment.

Smart beta investing combines the benefits of active and passive strategies. The Nifty Alpha Low Volatility 30 Index focuses on stocks with high alpha and low volatility, offering stability during market downturns. The Nifty Alpha Low Volatility 30 ETF tracks this index, providing investors with a diversified, growth-oriented portfolio while minimizing market volatility. This ETF is suitable for investors seeking long-term stability and returns.

Motilal’s top large-cap picks include HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India (SBI), HCL Technologies, Larsen & Toubro (L&T), Mahindra & Mahindra (M&M), Power Grid Corporation, Titan Company, Trent, and Mankind Pharma

In some sectors, owning a whole chain of stocks makes more sense than taking exposure to a single stock. A sector has many industries, and each has its own internal cycle. There are times when one segment of the sector might be facing problems. So, having exposure to a number of segments helps in diversification of the portfolio. It also helps you take better advantage of a sectoral bull run. 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.

Derivatives go beyond serving as mere hedging instruments; they offer advanced strategies tailored to varying market conditions. By examining option chain data and employing techniques such as straddles and iron condors, investors can capitalize on opportunities in both volatile and stable market environments.

Mamaearth's parent company, Honasa Consumer, saw its shares plummet 34% after reporting a significant second-quarter loss. Market analysts expressed concerns over the company's performance, citing factors like disappointing quarterly numbers and the impact of Q-commerce. While a short-term technical bounce is possible, the stock's overall outlook remains bearish.

The Indian equity market has experienced a correction in recent times, but looking at the broader performance for FY25, the benchmark index Sensex has managed to gain about 5%, while the small-cap index has outperformed with a remarkable 22% surge. Despite the recent market downturn, small-caps have shown strong overall growth in FY25. However, not all stocks have benefited equally—about eight small-cap stocks have faced a significant setback, slipping by over 40% during this period. (Data Source: ACE Equity)

Here’s a lesson from history: For a long-term investor, buying in a correcting market is mostly an opportunity. The operative part, of course, is “long-term investor” – not people who check the value of their portfolio every evening. Also, focus on a sector that is making a comeback. Why? Because when a sector catches the limelight for the first time, valuations are high – and promoters tend to be more optimistic than realistic. In a sector that has gone through a troubled phase and is making a comeback, promoters have learnt their lessons and are more realistic in their expectations – as also in capital allocation. Pharma is one such sector. And there are more reasons to take a closer look at it.

Agrochemicals manufacturer UPL announced plans to raise up to Rs 3,378 crore through a rights issue priced at Rs 360 per share, according to its filing with stock exchanges on November 20. The funds will be raised by issuing 9.38 crore partly paid-up equity shares. The issue price represents a 34% discount to UPL’s closing price of Rs 546.85 on November 19.

Market expert Shankar Sharma issued a cautionary note to Indian investors, criticizing a recent report from global brokerage firm CLSA that shifted its investment focus from China to India. In a post on X (formerly Twitter), Sharma labeled the report as a "trojan horse" and a "typical trap" for retail and domestic institutional investors (DIIs), warning against excessive optimism in the current market environment.

Goldman Sachs has reiterated its 'sell' rating on Vodafone Idea following a weaker-than-expected second quarter, setting a target price of Rs 2.40, implying a 66% downside from Tuesday's BSE closing price. The brokerage firm also highlighted concerns over the company's market share, free cash flow, and lagging capital expenditure (capex), despite being well-funded in the short term.

Stock Market Holiday Today: Indian stock exchanges closed on Monday for Maharashtra Assembly Election 2024, marking the 14th trading holiday this year. Benchmark indices Sensex and Nifty50 ended flat on Tuesday, with Nifty falling close to 10% from its September high. Foreign portfolio investors continued their selling spree in November.

Fitch Ratings has maintained Vedanta Resources Limited's (VRL) 'B-' rating with a positive outlook, signaling potential improvement. The agency also assigned a 'B-' rating to VRL's senior unsecured debt and $1.2 billion in proposed notes, with a Recovery Rating of 'RR4'. The positive outlook reflects VRL's improved financial flexibility, reduced debt, and access to capital for refinancing and debt management.

ETMarket's mutual fund analysis has identified the top 8 hybrid mutual funds that have gained over 25% in the past year, with a fund size exceeding Rs 2,000 crore. Hybrid funds invest in both equity and debt to balance risk and reward, aiming to optimize investment returns. The tax treatment for equity-oriented hybrid schemes is the same as that for equity schemes, while debt-oriented hybrid schemes are taxed like debt funds.

Fitch Ratings has maintained Vedanta Resources Limited's (VRL) 'B-' rating with a positive outlook, signaling potential improvement. The agency also assigned a 'B-' rating to VRL's senior unsecured debt and $1.2 billion in proposed notes, with a Recovery Rating of 'RR4'. The positive outlook reflects VRL's improved financial flexibility, reduced debt, and access to capital for refinancing and debt management.

Major Chinese fund companies slashed fees for equity exchange-traded funds (ETFs), aiming to attract investors and boost the burgeoning $400 billion sector. This move follows a pledge by China's top securities regulator to promote index investment and fee reform.

Asian markets were mixed as investors weighed the potential for escalating conflict in Ukraine and the implications of Donald Trump's second presidency, including trade tensions with China and the impact on US interest rates. Traders awaited Nvidia's earnings report, hoping for insights into the tech sector's health.

Public sector banks led a decline in bad loan provisions for the second consecutive quarter, with provisions falling 2.9% to ₹27,318.2 crore in the September quarter. This decline was driven by PSBs like Punjab National Bank and Central Bank of India, while private sector banks saw a 12.5% increase in provisioning.

India strategist Vikash Kumar Jain predicts a potential "Santa Claus rally" in the stock market, projecting a 5-7% rise over the next six to eight weeks. He believes negative factors are already priced in and cites historical December gains.

Despite a broad market sell-off since September, which has seen stocks fall by 15-50%, a select group of stocks with market caps above ₹5,000 crore, including Paradeep Phosphates, Mastek, and Neuland Laboratories, have bucked the trend, with potential for further gains of 10-37% according to analysts.

India's Nifty index broke a seven-day losing streak, edging up slightly on Tuesday as investors sought bargains after recent losses. However, gains were limited by escalating tensions between Ukraine and Russia, leaving the market outlook uncertain.

Indian stock exchanges closed on Monday for Maharashtra Assembly Election 2024, marking the 14th trading holiday this year. Benchmark indices Sensex and Nifty50 ended flat on Tuesday, with Nifty falling close to 10% from its September high. Foreign portfolio investors continued their selling spree in November.

Global markets reacted with anxiety as Putin threatened nuclear action following Ukrainian missile strikes deep inside Russia, facilitated by the US. European stocks and bond yields declined, while safe-haven assets like gold and the Swiss franc saw gains. The situation escalated after Biden lifted the ban on Ukraine using US long-range missiles against Russia.

Indian stock exchanges closed on Monday for Maharashtra Assembly Election 2024, marking the 14th trading holiday this year. Benchmark indices Sensex and Nifty50 ended flat on Tuesday, with Nifty falling close to 10% from its September high. Foreign portfolio investors continued their selling spree in November.

Indian stock exchanges closed on Monday for Maharashtra Assembly Election 2024, marking the 14th trading holiday this year. Benchmark indices Sensex and Nifty50 ended flat on Tuesday, with Nifty falling close to 10% from its September high. Foreign portfolio investors continued their selling spree in November.

Many on the street believe the interest rate cycle plays a key role in how a bank’s bottom line shapes up. But, in reality, it is overall economic growth which matters most to banks. They provide the lifeline of capital to all sectors of the economy. When these sectors do well, banks have higher credit growth – a crucial parameter. Of course, parameters like net interest margin and NPAs also matter – but credit growth trumps them. Now, while NPAs have been brought under control, it is low credit offtake that is really troubling banks. Some banks pushed growth by aggressive means, but the regulator was sharp enough to restrain them. It remains to be seen what will dominate the debate: Improvement in credit offtake or cost of deposits.

Wall Street's main indexes declined as escalating Russia-Ukraine tensions fueled a global risk-off sentiment, driving investors towards safe-haven assets. Despite geopolitical concerns and a crucial week for U.S. markets, investor outlook for equities remains positive.

Strong second-quarter earnings from India's banking and financial services industry (BFSI) are attracting investors, with brokerages bullish on large banks and NBFCs. Despite a recent market dip, experts predict a rally once the Reserve Bank of India begins cutting interest rates. Analysts highlight banks' robust profits, stabilizing interest margins, and the potential for growth in the sector.

Patels Airtemp (India) on Tuesday settled a case with capital markets regulator Sebi related to an alleged violation of disclosure rules by paying a settlement amount of Rs 28.53 lakh. Heavy machinery company Patels Airtemp (India) is a BSE-listed entity.

Wall Street's main indexes opened lower on Tuesday, as escalating tensions between Russia and Ukraine sent investors rushing to safe-haven assets.

Provisioning for bad loans by banks fell in the September quarter for the second consecutive period based on year-on-year comparison driven by the public sector banks (PSBs).