The domestic 3w volume rose by 80% year-on-year to 1,32,236 units while the total volume dropped by 8.4% to 10.5 lakh units reflecting the weakness in the 2w category where the volume dropped by 18%. The share of 3w in the total volume increased to 12.5% from 6.4% a year ago.

The S&P BSE Sensex fell by over 200 points while the Nifty50 managed to hold on to 19600 levels. Sectorally, buying was seen in auto, consumer durables, and FMCG stocks while metal, energy, oil & gas and power stocks saw some selling pressure

As per the latest corporate shareholdings filed, Sunil Singhania publicly holds 27 stocks with a net worth of over Rs 2,570.1 crore. Meanwhile, from its portfolio, it slashed stakes in nearly 6 stocks. The latest quarter tends to have missing data since not all companies may have reported their shareholding data till now. (Data Source: Trendlyne)

On the daily charts, Nifty has taken support at the 19,530 – 19,500 zone, where support in the form of 61.82% Fibonacci retracement level of the previous rise from 19333 – 19850 is placed. We expect Nifty to stage a pullback after the recent sharp correction in the past couple of days.

HUL said Rs 18 oer share interim dividend will be paid to the shareholders on or after November 16, 2023, the company said in a filing to the exchanges.

Equity benchmark indices declined for the second consecutive session on Thursday amid weak trends in global markets and fresh foreign fund outflows. Disappointing quarterly earnings numbers and revenue forecast from IT services company Wipro also weighed on investor sentiments. The 30-share BSE Sensex fell 247.78 points or 0.38 per cent to settle at 65,629.24 points. During the day, it plunged 533.52 points or 0.80 per cent to 65,343.50 points. The Nifty declined 46.40 points or 0.24 per cent to 19,624.70 points.

India's 4th largest IT company Wipro's earnings were dubbed as disappointing by top foreign and domestic brokerages. The brokerages maintained their reservations on the Wipro stock as well. So should you buy, sell, or hold? Here's what the brokerages recommend.

From the Sensex pack, Wipro, Sun Pharma, Tech Mahindra, and NTPC closed in the red, while Nestle, UltraTech Cement, IndusInd Bank, and L&T closed in the green. The market capitalisation of all listed companies on BSE declined by Rs 50,738 crore to Rs 320.90 lakh crore. The market breadth was skewed in the favour of the bulls. About 1,862 stocks gained, 1,830 declined, and 140 remained unchanged on the BSE

Nestle India stock rose to a lifetime high of Rs 24,168.15 on the National Stock Exchange. Gains in the stock on Thursday were backed by strong volumes of 2,25,600 shares, way above the six-month daily average volume of 65,749 shares.

Understand the significance of Relative Strength Index (RSI) and how it impacts stock movement as we delve into why certain stocks are witnessing declining RSI trends.

There are sectors which under perform for years and then they come back to focus. Thanks to the fact that the textile industry was completely dominated by China and other countries, the Indian textile industry has been in bad shape for decades. However, post covid, partially due to China Plus one narrative. Secondly due to the fact that the government has been focusing on manufacturing, textile stocks have come into focus. This list is drawn from Stock Reports Plus, powered by Refinitiv, with over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum.

Data on Wednesday suggested the economy is stabilising, but analysts and investors are still concerned if the economy has truly bottomed out, with the property sector mired in a deep contraction.

According to the company, PREF I has been fully deployed across four office assets in Bangalore and Mumbai which are 100% leased to Grade A tenants like LG, Tata Finance and 24/7 AI.

ETMarkets unravels the significance of the Golden Crossover and explores 5 Nifty stocks that have recently experienced this bullish pattern.

ETMarkets delves into the Relative Strength Index (RSI) to uncover 5 stocks that appear overbought but have bearish RSI trends, shedding light on the importance of RSI in stock analysis.

Discover why assessing the Relative Strength Index (RSI) is vital for investors as ETMarkets highlights 5 stocks trading in the overbought zone, despite the complexities that such situations present.

Medium-term investors can look to buy the stock on dips for a possible target of 3800-4000 in the next 3 months, suggest experts.

There are sectors which under perform for years and then they come back to focus. Thanks to the fact that the textile industry was completely dominated by China and other countries, the Indian textile industry has been in bad shape for decades. However, post covid, partially due to China Plus one narrative. Secondly due to the fact that the government has been focusing on manufacturing, textile stocks have come into focus. This list is drawn from Stock Reports Plus, powered by Refinitiv, with over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum.

In today's mutual fund analysis, ETMarkets centered its attention on the best-performing stocks from the smallcap funds for the ongoing fiscal year. Smallcap funds typically consist of around 621 stocks, and among these, 57 stocks have experienced significant gains and turned into multibaggers in FY24. To refine our selection, we have exclusively considered stocks that are held by a minimum of 5 smallcap mutual fund schemes and whose prices have surged by more than 100% in FY24. (Data Source: ACE MF, ACE Equity).Smallcap funds allocate a minimum of 65% of their assets to smaller companies, as defined by SEBI, which categorizes them as companies ranked above 250 in terms of market capitalization.

In some segments like cars and two wheelers do have witnessing rising sales in festive season. But this time in case of even in these two segments, what would be more interesting to watch would be the fact how much sales the EV segment is able to get. If there is a sharp jump in EV numbers then it would mean that the final inflection point as far as the price is concerned will be higher than what has been estimated earlier. Which means early adoption. So when companies announce their sales numbers for the following months, October, November and December, it would throw a light on possible winners for next year.

The company's consolidated revenue for the quarter under review came at Rs 2411.67 crore, a rise of 17.7% YoY, and a 3.9% gain sequentially. While, the dollar revenue came at $291.71 million, a 14.1% increase as compared to the year-ago period.

Boasting at least 33% return this year, Mahindra Manulife Small Cap Fund, Franklin India Smaller Cos Fund, Bandhan Emerging Businesses Fund, Union Small Cap Fund and Nippon India Small Cap Fund top the list of best-performing funds.

The company's board has also approved an interim dividend of Rs 20 per equity share. The record date for the same is fixed as October 27.

A former student of Benjamin Graham, CEO of Berkshire Hathaway and current primary shareholder Warren Buffett is one of the most successful investors of all time. Buffett is noted as a legendary value investor, though he is also believed to incorporate an emphasis on management quality and company growth prospects. Based on the ideas of Warren Buffett, a custom screen made by MarketSmith emphasizes metrics looking for companies with long-term past and potential future growth.Here are 6 Indian stocks that match Warren Buffett’s style of investing, as listed on MarketSmith:

Medium-term investors can look to buy the stock on dips for a possible target of 3800-4000 in the next 3 months, suggest experts.

Cases have been filed in both federal and state courts in the United States and in Canada against Namaste Laboratories, Dermoviva Skin Essentials and Dabur International - all of which are subsidiaries of Dabur India Limited.

A glimpse of this could be seen in the strong inflows in thematic/sectoral funds. Thematic/sectoral funds have garnered inflows of more than Rs 18,900 crore, so far in 2023.

Among the ones who came out with their post-earnings review of the stocks were BofA, Kotak Institutional Equities and Nuvama and all of them have a buy view on the counter. Meanwhile, Motilal Oswal chose to take a neutral stance on the counter.

In the NSE list of stocks with a market cap of over Rs 1,000 crore, three stocks close prices crossed above their 200 DMA (Daily Moving Averages) on October 18, 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 domestic pack, Kotak Institutional Equities recommended a Sell, while Nuvama and Motilal Oswal took a hold and neutral stance, respectively raising concerns on exports outlook.

The MNC said this is being done to enhance the liquidity of company's equity shares and to encourage participation of retail investors by making equity shares of the company more affordable.

Brokerage Anand Rathi Shares and Stock Brokers is bullish on the company, and has initiated coverage on the stock with a “buy” rating and a price target of Rs 1,300, implying an upside potential of over 20% from the current levels over the next 12 months.

In the NSE list of stocks, six 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 18.

In the Nifty500 pack, we have collated a list of four stocks that witnessed a 5-year swing high at the close on October 18, 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.

The Nifty opened weak but managed to put up a fight and moved ahead. However, strong selling pressure pushed it back by the end of the day.

Top brokerages have expressed reservations on Wipro stock following the company's lower-than-expected earnings and bleak Q3 guidance. Citi recommended selling the stock and reduced the price target, while BofA maintained an 'Underperform' view. Nuvama lowered its price target but maintained a 'Hold' rating. Wipro reported a net profit of Rs 2,667.3 crore for the September quarter, up 0.70% YoY.

From the Sensex stocks, Wipro declined 3% after the IT firm reported a disappointing set of numbers for the September quarter, clocking the weakest growth among peers.

BofA Securities maintained a buy rating on Bandhan Bank with a target price of Rs 300. The asset quality improvements were very gradual.

Investment bank Jefferies has initiated coverage on Paytm with a buy rating and a target price of Rs 1,300. The bank is convinced that Paytm will become a profitable fintech globally in the next four quarters. Paytm's stock has already risen 80% this year and is expected to continue growing with strong revenue growth, double-digit EBITDA margins, and stable profitability. Jefferies expects Paytm to turn profitable by the third quarter of FY25 and generate sustained growth in accounting profits thereafter.

Opening Bell: Sensex declines 450 points, Nifty below 19,550; Wipro drops 4%, IIFL gains 2

Brokerage Anand Rathi Shares and Stock Brokers is bullish on the company, and has initiated coverage on the stock with a “buy” rating and a price target of Rs 1,300, implying an upside potential of over 20% from the current levels over the next 12 months.

Known as “bear killer”, the month of October has historically given one of the best returns to investors on Dalal Street. Despite the prevailing scenario of higher bond yields, rising crude prices, and the stronger dollar index, Axis Securities has maintained its December 2023 Nifty target of 20,200 by valuing the index at 20x Dec’24 earnings.Based on either technical or fundamental analysis, here are 9 Navratri stock ideas that analysts say can brighten your festive season:

Narayana Hrudayalaya is engaged in providing economical healthcare services and operates a network of hospitals across the country. The company has increased its total capital expenditure plans for FY24. This will augur well for the ability to grow without material margin/RoCE dilution, says Narendra Solanki of Anand Rathi Shares.

HUDCO OFS opened for retail investors on Thursday. After an overwhelming response from institutional investors, the government decided to exercise the greenshoe option and sell an additional 3.5% stake in the company. The steep discount offered by the government in the OFS triggered a strong response from institutional investors.

On the weekly options front, the maximum Call OI is placed at 19800 and then towards 20000 strikes while the maximum Put OI is placed at 19600 and then towards 19500 strikes.

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 TATA Motors and Birlasoft, while Nooresh Merani has a buy/sell recommendation on Sun Pharma and Motilal Oswal for today's trading session. Check out the targets and stoploss.

Over one and 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 18, Wednesday, 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)

Wealth creation was led by L&T and followed by Infosys, ICICI Bank, JSW Steel, Bharti Airtel, ITC, UltraTech Cement, Bajaj Auto, Reliance Industries, UPL, Asian Paints and Dr Reddy's Laboratories, on the basis of the number of options issued.

MSCI's broadest index of Asia-Pacific shares outside Japan was 1.11% lower and on course for a 1.4% decline in the week. Japan's Nikkei sank 1.35%.

GIFT Nifty on the NSE IX traded 21 points, or 0.11 per cent, lower at 19,572.50, signaling that Dalal Street was headed for negative start on Thursday. Here's a slew of stocks that will be in focus today for various reasons.