The Nifty 50 net gained about 2% in the current quarter, compared to the 10% gains it clocked in the June quarter. Nine of its 50 constituents gave 10-26% returns in the September quarter. Of these 9 constituents, three are public sector companies. The nine stocks are Coal India, NTPC, Larsen & Toubro, Oil and Natural Gas Corp, Cipla, Tata Steel, Adani Ports and Special Economic Zone, Hindalco Industries, and Grasim Industries.

HDFC Bank’s daily trend is bearish to sideways. The RSI for monthly and weekly are showing sideways momentum, however, the RSI for daily is showing bullish momentum. Based on option chain analysis, the range is between 1500 and 1600. Let’s plan a trade around this.

Jefferies maintained a buy rating on L&T with a target price of Rs 3050. H1 should see order flow traction as elections drive front-ended FY24E order flow.

Maruti Suzuki India is aiming to achieve a leadership position in the SUV segment by the end of the current financial year. The company is also focusing on the electric vehicle segment and plans to have six EV models that would contribute 15-20% to total sales by FY31. Motilal Oswal Securities has a bullish outlook on Maruti Suzuki and has a "buy" rating on the stock.

Of the 22 analysts that participated in the ETMarkets Survey, more than 77% of the respondents see the benchmark Nifty 50 above the 20000-mark, and 81% of them expect the Sensex to top 67000 points by the end of December.

Maruti Suzuki India has reinforced its sports utility vehicle portfolio with the launch of two more models, amid the growing preference for SUVs among customers. The company aims to achieve market leadership in the SUV segment in FY24. Sneha Poddar of Motilal Oswal Securities holds a positive view on the stock and sees 18% upside in the next 12 months.

Nifty stayed in the flat zone at open and managed to move up a little before being pulled down. It closed with a net loss.

India VIX was up by 10.73% from 11.58 to 12.82 levels on Thursday. Volatility spiked and touched 13 zones after four months and paved the way for the bears in the market.

From the Sensex pack, NTPC, Tata Steel, JSW Steel, and L&T were the top gainers, rising 1-2%. Tata Motors, Sun Pharma, and SBI also rose in early trade. On the flip side, Asia Paints, Tech Mahindra, Infosys, Wipro, and IndusInd Bank declined.

In the last 10 years, October has proved to be one of the best months for Nifty Bulls as the index has given a positive monthly return nine out of 10 times, with the average return being 2.9%. Meanwhile, as per JM Financial data, in October, 10 stocks also delivered positive monthly returns in nine out of 10 years, with an average return of up to 11.7%. These stocks include ICICI Bank, SBI, Tata Steel, and Ashok Leyland.Here is a list of the top 10 stocks with impeccable track record in October month:

Sensex gains 200 points, Nifty nears 19,600; MCX tanks 5%, Saregama jumps 4%; NTPC, Tata Steel, JSW Steel are some of the gainers in the moring trade.

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 IPCA Labs and Gujarat Gas, while Nooresh Merani has a buy/sell recommendation on ONGC and Axis Bank for today's trading session. Check out the targets and stoploss.

The Nifty 50 net gained about 2% in the current quarter, compared to the 10% gains it clocked in the June quarter.

The above action has been taken by the market regulator in view of the writ petitions filed by Chennai Financial Markets and Accountability (CFMA) on Commodity Derivatives Platform (CDP).

Proceeds from initial public offerings and secondary share and convertible bond issues soared 343% to $23.7 billion in the first nine months of the year, LSEG data showed. The number of deals climbed by a third.

Federal Reserve Bank of Richmond President Thomas Barkin said on Thursday Fed rate rises have slowed the housing sector.

Stocks that were in focus included names like ICICI Bank, which fell 0.037%, Adani Power, which declined 0.37%, and RIL, whose shares dropped 1.26% on Thursday.

In the NSE list of stocks, three stocks with a market cap of over Rs 1,000 crore are witnessing Death Crossovers, according to stockedge.com's technical scan data. The death cross is a technical indicator of bearishness. The death cross appears on a chart when a stock’s short-term simple moving average (SMA) crosses below its long-term moving average on the downside. These stocks' 50-day SMA crossed below their 200-day SMAs on September 28. Take a look:

In the NSE list of stocks with a market cap of over Rs 1000 crore, four stocks close prices crossed above their 200 DMA (Daily Moving Averages) on September 28, 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 with a market cap of over Rs 10,000 crore, we have collated a list of four stocks that witnessed a 5-year swing high at the close on September 28, 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 recent move in Treasury yields to 16-year highs has loomed over the stock market, which has pulled back after the Federal Reserve last week signaled a hawkish long-term outlook for interest rates.

India's Multi Commodity Exchange of India (MCX) on Friday said the country's markets regulator has asked the company to put on hold the proposed go-live of its new commodity derivatives platform planned for next week.

Meanwhile, data showed the U.S. economy maintained a fairly solid pace of growth in the second quarter and activity appears to have accelerated this quarter, but a looming government shutdown and an ongoing strike by auto workers are dimming the outlook for the rest of 2023.

The recent move in Treasury yields to 16-year highs has loomed over the stock market, which has pulled back after the Federal Reserve last week signaled a hawkish long-term outlook for interest rates.

“The chart pattern of Grasim Industries combined with signals from the indicators are pointing towards a steady rise ahead. Traders can consider accumulating the stock for a target of Rs 2220 in the next 1-2 months,” Ajit Mishra, SVP - Technical Research, Religare Broking Ltd, said.

Foreign portfolio investors were net sellers at Rs 3,364 crore on Thursday. DIIs bought shares worth Rs 2,711 crore.