Shares of Tata Motors dropped by 2.2% due to muted growth in its monthly auto sales. The company sold 80,839 units, showing little change from last year. Commercial vehicle sales were mixed, with some segments growing and others declining. Passenger vehicle sales, including electric vehicles, remained flat compared to the previous year.

Afcons Infrastructure's shares opened at an 8% discount on NSE and a 7% discount on BSE compared to the issue price. The company plans to use the IPO proceeds to buy equipment, fund working capital, repay debt, and for general purposes. Afcons is recognized as a leading international infrastructure firm with operations in multiple sectors.

Shares of Sun Pharmaceuticals dropped 3.5% after a court in New Jersey issued an injunction delaying the launch of its drug Leqselvi in the U.S. Sun Pharma plans to appeal the decision. Analysts believe a settlement is still possible.

Indian benchmark indices opened lower due to declines in banking, financial, and IT stocks. Key factors include investor caution ahead of the U.S. presidential election and anticipated Federal Reserve interest rate cuts. Major contributors to the drop include Reliance Industries, Infosys, and ICICI Bank.

City Union Bank's stock bounced back after taking support above the 200-DMA, achieving a new 52-week high in October 2024. Short-term traders can aim for a target of Rs 192-195 in the next 6-7 weeks. Positive technical indicators suggest sustained momentum in the coming weeks, supported by rising trading volumes and bullish crossovers.

Mahindra & Mahindra's shares rose by 5.4% due to a 25% year-on-year growth in SUV sales, reaching 54,504 vehicles in October. The company also recorded its highest-ever tractor sales at 64,326 units. This growth was supported by a strong festive season, good crop yields, and favorable government policies.

Indian benchmark indices see a drop with Sensex losing 758 points and Nifty50 down by 242 points. Sectors like banking, financial services, IT, and oil & gas are affected. Key laggards include Reliance, Infosys, and ICICI Bank.

NBCC (India) shares are likely to be in the spotlight after securing three orders totaling Rs 235.46 crore. This includes projects for Mahatma Gandhi Kashi Vidyapith University, Sampurnanand Sanskrit University, and Power Grid. Despite recent stock declines, NBCC shares have shown significant growth over the past year.

As of November 1, there was a notable surge in futures open interest for four stocks in the NSE F&O pack, contributing to a total increase in open interest of over 5% as compared to the previous trade. A significant uptick in futures open interest signifies a substantial growth in the number of active, unexpired futures contracts in a specific security. This uptrend reflects an increasing number of participants either initiating new positions or expanding the size of their existing positions within the futures market.

Several brokerages have upgraded the target prices of various stocks over the past month. According to Trendlyne data, 10 stocks, including TCS, Infosys, HCL Technologies, HDFC Bank, and ICICI Bank, have received up to nine target price upgrades from analysts in the last month. Here is a list of these stocks:

As the US presidential election remains too close to call, markets appear to be anticipating a Donald Trump victory and a Republican sweep on November 5. Market insiders suggest that a Kamala Harris win would be neutral for the economy, while Trump’s victory could positively impact India through domestic demand, lower commodity prices, supply chain shifts, and foreign policy changes.

On November 1, four stocks with market cap over Rs 10,000 crore came to the bullish scanner of "White Marubozu", according to stockedge.com's technical scan data. A White Marubozu is a bullish candlestick pattern in technical analysis. It occurs when the opening price is the lowest for a given period, and the closing price is the highest. Represented by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it indicates strong buying pressure throughout the session. Traders interpret it as a signal that buyers were in control from the opening to the closing, often using such patterns for informed decisions about future price movements in financial markets.

Indian benchmark indices opened lower on Monday, with the BSE Sensex down 632 points and the Nifty50 down 199 points, amid investor caution before the U.S. presidential election.

Apollo Hospitals Enterprise shares are set to be in the spotlight on Monday following the company's announcement of significant expansion plans involving an investment of Rs 1,625 crore over the next four years in Worli, Mumbai, and Lucknow.

Niva Bupa Health Insurance Company is set to launch its Rs 2,200 crore initial public offering (IPO) on November 7, with a price band of Rs 70-74 per share. The anchor book opens on November 6, and the public offer will close on November 11. Allotment results will be available on November 12, with shares credited to investors' demat accounts by November 13.

JPMorgan reports that Sun Pharma plans to appeal a judgment and may seek a settlement with Incyte to expedite its product launch. In a worst-case scenario, the launch could occur post-expiry in December 2026. The firm assigns an NPV of $546 million for Leqselvi, projecting 20% CAGR growth for the specialty business driven by existing products.

Sun Pharma faces a delay in the U.S. launch of its drug Leqselvi due to a preliminary injunction by the New Jersey court, pending further legal proceedings or patent expiration in December 2026. The company plans to appeal the decision while considering a potential settlement with Incyte.

Premier Energies shares are expected to remain in focus today after the company announced that it had secured multiple orders worth Rs 560 crore from two domestic Independent Power Producers (IPPs).

The Indian market is anticipated to open lower on Monday, influenced by subdued global cues. After beginning Samvat 2081 positively during the Diwali mahurat trading session on Friday, market sentiment appears to be shifting.

Afcons Infrastructure is set to debut its shares on the stock exchanges this Monday, with a grey market premium (GMP) of Rs 15 indicating a potential listing price of Rs 478, reflecting a 3% premium over the upper issue price of Rs 463.

Shares of Coal India, Dr. Lal Path Labs, and two other companies will trade ex-dividend from Tuesday. These companies announced November 5 as the record date for their declared dividends. Coal India set an interim dividend of Rs 15.75 per share while Dr. Lal Path Labs announced an interim dividend of Rs 6 per share.

“On the daily chart, the stock recently found support at the lower boundary of its symmetrical triangle pattern, suggesting a potential rebound towards the upper boundary. Traders can buy for a target of Rs 242-264 in the next few weeks,” Kkunal V. Parar, Vice-President of Technical Research and Algo, Choice Broking, said.

Shares of Premier Polyfilm and Systematix Corporate Services will be focused today due to announced stock splits. Both companies set November 5 as the record date. Premier Polyfilm will split shares from Rs 5 to Re 1, while Systematix Corporate Services will do the same. This is the first stock split for both companies, as per Trendlyne data.

Tata Investment Corporation reported its September quarter net profit at Rs 124 crore, which was flat over the corresponding quarter of the previous financial year.

The weakening of the greenback was a sign to some that investors may be walking back confidence in a victory for Donald Trump, after a poll by the Des Moines Register showed Harris with a 47%-44% lead in Iowa — a state Trump has won in each of his prior elections. One element of the so-called Trump trade favors higher Treasury yields and a stronger US dollar.

NMDC Ltd, trading within a Symmetrical Triangle pattern, finds support at its lower boundary post a 21% decline from its 52-week high. Experts suggest that high-risk traders can consider buying on dips for a potential rebound to Rs 242-264, setting a stop-loss at Rs 210.

The market's uncanny ability to overlook the uncertain political outlook in the United States may reflect an assumption that national elections don't really matter for the stock market - a supposition borne out by stock returns over more than a century.

Traders are buzzing about the possibilities, constantly checking the latest polls and moves in election betting markets to divine who's ahead, Republican Donald Trump or Democrat Kamala Harris, and what that means for their positions

FPIs parked net $2.36 billion (₹19,841.9 crore) in the primary market, the highest monthly investment since November 2021 when they had invested $3.74 billion through this route, which consists of participation in initial public offerings (IPOs) and qualified institutional placements (QIP).

A look at some of the latest stock recommendations by analysts. These stocks are expected to return between 16% and 29% as per analysts’ price targets.

​Since Covid-19 lows, the average intermediate corrections have been to the tune of 8-10%. With an 8% correction already in place amid oversold conditions, coupled with the outperformance of Bank Nifty.

The presidential contest might still be unresolved when the Fed ends its two-day meeting Thursday afternoon, yet that uncertainty would have no effect on its decision to further reduce its benchmark rate. The Fed's future actions, though, will become more unsettled once a new president and Congress take office in January, particularly if Donald Trump were to win the White House again.

Select stocks gain momentum even in volatile markets.

In October, the Indian primary equity market attracted significant funds from foreign portfolio investors. However, there was a major selloff in the secondary market. Domestic mutual funds invested heavily, helping limit the benchmark indices' fall. Local funds' overall investment this year far exceeds previous records.

Capital markets regulator Sebi imposed a Rs 50 lakh fine on Sunil Arjan Lulla, the former MD of Eros International Media, for violating regulatory norms. Sebi also confirmed a ban against him and noted his resignation only after 13 months and receiving a show-cause notice.

The sharp October selling, sparked by FPIs, did not correct the market to the extent it would have in the past. One reason is that domestic institutional investors (DIIs) – which include mutual funds – absorbed a part of the selling. And they were able to do so because MFs have been getting a steady flow of money through SIPs. They have seen their assets under management (AUM) grow rapidly, strengthening their bottom lines. Will this trend continue? Probably, yes. Why? Because the financialization of saving is just beginning in India.

Indian market closed in the red for the second consecutive day in a row on Thursday.The S&P BSE Sensex fell more than 500 points while the Nifty50 managed to hold on to 24,200 levels

Short covering happens when traders buy back shares they previously sold short, often due to a shift in market sentiment or new information. This usually results in a decrease in open interest and can drive the stock price higher. In Friday's trading session, five stocks saw short covering. Here's the list:

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

In the week ending November 1, the benchmark index Sensex saw a weekly increase of approximately 0.41%. Amid this modest rally, 9 penny stocks saw gains ranging from 25% to 45% during the same timeframe. Our selection criteria focused on stocks with a market capitalization below Rs 1000 crore, a share price under Rs 20, and a last trading volume exceeding 5 lakh shares.(Data Source: ACE Equity)

James P. O'Shaughnessy, a well-known advocate of quantitative investing, is the former Director of Systematic Equity at Bear Stearns and the current Chairman and CEO of his own firm. Inspired by O'Shaughnessy's ideas, MarketSmith has developed a custom screen focusing on small-cap stocks with strong relative price strength and positive earnings growth, trading at low price-to-sales multiples.Here are 7 stocks that match O'Shaughnessy’s approach to quantitative investing, as listed on MarketSmith:

The combined market value of six leading firms increased by Rs 1,07,366.05 crore last week. State Bank of India and ICICI Bank saw the highest gains. However, Tata Consultancy Services, HDFC Bank, Bharti Airtel, and Infosys faced a decline in their market valuation. Reliance Industries remained the most valuable company in India.

The second quarter earnings season is underway and as many as 170 companies will declare their results this week. Some of the marquee names include Titan, Asian Paints, PB Fintech, IRCTC, IRFC, RVNL, Mazagon Dock Ship, Tata Steel, Mahindra & Mahindra, Trent, LIC, MRF, Tata Motors, and SBI among others.

Since June, FPIs have consistently bought equities after withdrawing Rs 34,252 crore in April-May. Overall, FPIs have been net buyers in 2024, except for January, April and May, data with the depositories showed.

Public offers should remain open for a minimum of three days and a maximum of 10 days, with advertisement requirements aligned with Sebi's regulations for non-convertible securities.

This is not the first time that China has extended a stimulus “carrot” to entice investors. Back then in Feb-March, China announced series of stimulus measures targeting property sector and infrastructure investments

"The domestic market showed positive reversal signs this week, aided by festive sentiment, steady institutional inflows, and declining oil prices," said Vinod Nair, Head of Research at Geojit Financial Services. Market sentiment was also uplifted by easing geopolitical tensions and positive India-China relations.

Swiggy is serving the IPO at a lower valuation of $11.3 billion as against its earlier target of around $15 billion. The valuations were reduced due to prevailing market volatility and the lacklustre debut of Hyundai India.

Fifteen years back, a company from a large industrial house raised money by floating corporate bonds at X% interest. A mid-size company raised money at X% plus 200 basis points. It was thus paying 2% more for the capital, putting it at a disadvantage. Today, that large company is raising money at X% – but so is the mid-sized company. The reason: Capital is now more easily available, and the company has also improved its balance sheet. For all mid-caps it is the cost of capital that is key. Now, whether the Nifty moves up or down, the trajectory of interest rates is surely headed south this month.

Among sectors that have been re-rated both in terms of business and on the street is the power sector. Of course, the occasional lack of price action or an overall bearish phase may make you wonder why you are holding these stocks. Yes, some of them are expensive and may even see a price correction. But it is a sector where things took a turn for the better some 12-14 years back – and the runway for growth is long. More importantly, promoters now seem to realize that, more than valuations, what they need to do is make their businesses strong so that they play a part in the energy transition wave that has just started.