In the special trading session on Saturday, the Nifty started positive and largely remained in the zone.

The tech-heavy Nasdaq led the three major U.S. stock indexes with a boost from chips, as Nvidia Corp advanced ahead of its closely watched earnings report, expected on Wednesday.

The S&P 500 technology index led gains among the 11 major S&P sectors, rising 1.32%, helped by chipmakers such as Nvidia, which advanced 2.49% ahead of its quarterly results on Wednesday.

Mysuru-based Kaynes Technology's revenue grew by 75% year-on-year to ₹637 crore in the March quarter which helped the full-year revenue to grow by 60% to ₹1,804 crore.

Bandhan Bank reported a net profit of Rs 54.62 crore for the quarter ended March 2024, which was down from Rs 808 crore in the year ago period.

Creditors are set to auction a prime 94-acre land parcel in Thane near Mumbai, previously collateral for loans taken by Go First Airlines. The auction process involves major creditors and potential bidders amidst evolving legal challenges and financial considerations.

The International Financial Services Centres Authority is exploring the option of non-bank financial players acting as risk aggregators for small customers in GIFT City to facilitate FX transactions and manage interest rate risk exposures.

Banks face challenges passing on higher provisions due to competition and pressure to maintain relationships. RBI proposed a 5% provision increase for project, commercial, and real estate loans. Lenders may find it difficult to raise rates, impacting project viability and borrower bidding process.

​Amid high volatility last week, indices retested the support zone at 21,825, which was closer to the previous three swing lows of February, March and April 2024, and after that, witnessed a strong rebound leading to a close above 22,500 with a gain of 2%.

​​Among them, 20 are likely to offer returns exceeding 10% over the next one year as per analysts’ consensus estimates, data showed. For instance, Raymond reported an EPS of Rs 246 in FY24 compared to Rs 79 in FY23, which is 84% higher than analysts’ estimates.

Crompton Greaves Consumer Electrical broke out, rallying to Rs 338 from Rs 254. Targeting Rs 480 in 1-2 months. Consolidating in 250-320 range with positive momentum. Buy recommendation at current levels with upside target of 480 and stop loss below 360 levels.

Spurred on by the original meme-stock frenzy, the Securities and Exchange Commission is pushing the shift to reduce the chance of something going wrong between when a trade is executed and when it's settled. But the switch to what's known as T+1 comes with risks of its own.

The Dow Jones Industrial Average fell 13.83 points, or 0.03%, at the open to 39,989.76. The S&P 500 opened higher by 2.08 points, or 0.04%, at 5,305.35, while the Nasdaq Composite gained 16.06 points, or 0.10%, to 16,702.02 at the opening bell.

Indian shares were little changed in a special session conducted on Saturday for stock exchanges to test a failsafe system for equity trading. The S&P BSE Sensex closed 0.12% higher at 74,005, while the NSE Nifty50 index ended above the 22,500 level."Larger range bound pattern of around 22800-21750 has come into play this week. Having moved up from near the lower range of 21750 levels in this week, Nifty is expected to move towards the upper range of 22800 levels in the next 1-2 weeks. Immediate support is placed at 22200 levels," said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.Here are 6 stock recommendations for Tuesday:

Deutsche Bank has raised its 2024 year-end S&P 500 target to 5,500, the highest among major brokerages, banking on strong corporate earnings to support equity valuations.

When GST was introduced, there was an argument on the street about business shifting from unorganized to organized sector. There were some businesses, where unorganized players were at an advantage because of the fact that they were able to evade taxes and stay competitive. Now that GST has been implemented some sectors have actually seen that advantage due to tax arbitrage going away. This has led to a situation where some companies which had strong brands gained market share. Especially in industries whose overall size is not very large but brands play an important role. For example mattress, small kitchen appliances, water purifiers, the overall size of these industries may not be very large but the players who have strong brands have a huge advantage and are able to charge a premium at all times and they have become a stronger player on the street also. Yes, they may not see very high growth year after year, but their cash flows are stronger in times of slowdown, they tend to outperform.

Cantabil Retail witnesses a remarkable 10-year surge, but recent performance shows stagnation. With revenue growth in Q4FY24, technical indicators suggest potential for a pullback rally. Analysts recommend holding with a stop-loss at Rs 198 and target levels at Rs 223 and Rs 240.

​Since the beginning of 2024 large and midcap category has seen inflows of Rs. 11,340 crores followed by multicap category at Rs. 10,004 Cr. and the flexi-cap category at Rs. 9,971 crore, higher than the inflows in largecap, midcap and smallcap categories respectively.

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

It is after a long period of time that both bulls and bears are visible on the street at the same time and waiting to make the next move. A strong directional move will only come after election results. Before that it is very likely that the market would stay in range bound mode. During this period it would be better to stay with selected stocks, have at your portfolio and do a rejig with focus on fundamentals of the sector and the stocks. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

A milder inflation report last week has investors once again pricing in U.S. rate cuts as early as September, buoying global market sentiment and in turn boosting Japanese equities

Real estate, long favored by India's affluent, served as an inflation hedge in a socialist economy. However, liberalization altered dynamics, shifting focus to financial assets as domestic real estate faced cyclicality amidst changing economic landscapes.

Indian Prime Minister Modi predicts a post-election rally could propel the market to new highs, with Sensex nearing a record peak. Amidst volatility, analysts advise focusing on long-term goals and quality stocks for navigating market fluctuations.

The dividend yield is the annual dividend payment to shareholders expressed as a percentage of the stock's current price. According to Trendlyne data, as many as 10 stocks from the Nifty200 index paid up to 6.4% dividend yield in the last one year. Here is the list:

Short covering refers to the buying of shares in order to close an existing short position or a position that has been sold. Short covering signals a shift in view on security from extreme bearishness to bullishness. In Saturday's trading session, five stocks saw top short covering. Here's the list:

​Brent crude futures touched a one-week high of $84.14 a barrel in early trade, with the crash, in heavy fog, of a helicopter carrying Iran's president drawing traders' attention to the Middle East. Gold hovered close to a record high at $2,423 an ounce.

Foreign fund managers are cautious about Dalal Street's prospects amidst election uncertainty, while domestic investors are optimistic about Nifty. Global interest in Chinese stocks affects foreign investments. FPIs, retail investors, and HNIs hold divergent positions. Concerns over NDA performance and market valuations impact strategies. Market indicators signal potential risks and opportunities.

Mahindra & Mahindra may see an earnings-led upgrade due to encouraging bookings for its newly-launched compact SUV, the XUV 3XO, forecasts of improvement in the tractor segment, and expectations of increased industry volume growth. The company's premium valuation at 23 times one-year forward earnings reflects investor confidence in its market performance.

Stock Market Holiday:Equity markets will be closed for Mumbai elections. Special trading session on March 2, 2024. Nifty 50 and BSE Sensex performance. Top gainers and losers. The Multi-Commodity Exchange (MCX) will remain closed for the morning session but will be open for the evening session. Apart from Mumbai Elections (May 20), in 2024, the markets will be shut for Bakri Id (June 17), Muharram (July 17), Independence Day (August 15), Mahatma Gandhi (October 2), Diwali (November 1), Gurunanak Jayanti (November 15) and Christmas (December 25).

Equity markets worldwide are experiencing highs. In the US, the S&P 500 and Nasdaq 100 indexes hit records this week, while the Dow Jones Industrial Average crossed 40,000 for the first time ever. Meanwhile, the biggest bourses in Europe, Canada, Brazil, India, Japan and Australia are currently at or near their peaks.

What is the news flow regarding the agrochemical sector today? Probably the following: China is dumping, there is over capacity in many segments, over inventory issues are plaguing the industry globally, erratic weather conditions in different parts of the world. One would feel agro chemical stocks are better avoided now. But in markets, when the news flow is bad, stock prices are probably good. Also, in the case of the agro chemicals sector, it's mostly short term issues. So, it is time to keep them on the watch list.

Over the weekend ending on May 18, the Indian stock markets ended with notable weekly gains. Amidst the market upswing, numerous penny stocks experienced significant increases. ETMarkets highlights 8 penny stocks showcasing share price growth ranging from 15-80% throughout the week. Our selection criteria prioritized stocks with a market capitalization below Rs 1000 crore and a share price under Rs 20. Furthermore, we narrowed down our choices to those with a last traded volume exceeding 5 lakh (Data Source: ACE Equity)

​​By embracing a more nuanced approach to investing and staying vigilant for special situations, retail investors can position themselves to capitalize on opportunities that often get overlooked. By understanding and capitalizing on special opportunities such as demergers or spinoffs, holding company discounts, and promoter buying, investors can generate superior returns as these strategies have a positive historical track record.

Equity markets will be closed for Mumbai elections. Special trading session on March 2, 2024. Nifty 50 and BSE Sensex performance. Top gainers and losers. The Multi-Commodity Exchange (MCX) will remain closed for the morning session but will be open for the evening session. Apart from Mumbai Elections (May 20), in 2024, the markets will be shut for Bakri Id (June 17), Muharram (July 17), Independence Day (August 15), Mahatma Gandhi (October 2), Diwali (November 1), Gurunanak Jayanti (November 15) and Christmas (December 25).

The selling spree in Indian stock markets by foreign portfolio investors (FPIs) turned aggressive in May, partly attributable to a strong US dollar, sticky inflation particularly in the food segment, and poll outcome-related anxieties.

Peter Lynch, an American investor and mutual fund manager, is best known for growth at a reasonable price approach to investing. Lynch is often associated with the PEG ratio which measures PE ratios in relation to growth rates. MarketSmith has created a custom screen based on Lynch's investment style, which identifies securities that are trading for below-average prices on a PE or PEG basis and are not already widely owned by institutions.

1994 to 2024 is a difference of 30 years, but there is one thing which has remained constant, advice to move to defensive stocks when markets are volatile or there is an event risk. Four questions need to be asked; first, what is a defensive stock? Second, is a stock which was considered a defensive in 1994 when the Indian economy was just opening, still a defensive stock in 2024 ? Third, should there be a new definition of defensive stock in 2024 ? Last but not the least, what are the new defensive sectors or stocks?

Eight of the top-10 most valued firms, including LIC and Reliance Industries, added Rs 1,47,935.19 crore in market valuation last week. The BSE benchmark climbed 1,341.47 points, and NSE and BSE conducted a special trading session on May 18 to test their readiness. LIC's valuation soared by Rs 40,163.73 crore, and Bharti Airtel's valuation also saw significant growth.

Margin Trading Facility is a safe product allowing investors to purchase more stocks through leverage trading. It enables increased purchasing power, efficient capital allocation, higher ROI, and lower taxes for traders. MTF improves the possibility of profits as well as empowers traders to capitalize on promising market opportunities without having to liquidate their current holdings.

With the fourth quarter earnings season, companies rewarded their shareholders with dividends for the financial year 2024. Companies announced dividend amounts as high as Rs 55 per share.Here’s a list of 7 companies that announced dividend in the last week:

ITC, ONGC, IRFC, Ircon International, BHEL, BEL, Sun Pharma, Nykaa, Tata Investment Corporation, Hindalco, Ashok Leyland, and Divi's lab will be releasing their March quarter report cards this week.

Whether it's institutional or retail investors, the desire to find the next multibagger is always high. But it is not easy to find multibagger stocks for multiple reasons. In the last 30 yearsonly two or three sectors have thrown up multibaggers -- IT, pharma and some engineering or industrial segments. Now the auto and auto ancillary sectors are transforming. From next Sunday onward, we take a deep dive into individual auto ancillary companies which have either transformed due to EV space or are changing themselves or will go down as they are not relevant in new age of EV.

Indian stock markets have been in a bright spot with Nifty500 surging 37% and Sensex 20% in the past one year. Here are the sectors with the biggest gains in the past quarter. Take a look: (Source Trendlyne)

This week, SBI, Colgate-Palmolive (India), Oberoi Realty, Tata Consumer Products, and Sula Vineyard will go ex-dividend. Bharat Dynamics and Som Distilleries Breweries & Wineries will undergo a stock split, with other companies also set for corporate actions such as bonus issues and rights issues. On May 24, Tata Consumer Products (Rs 7.75/share), and Vedanta (Rs 11/share) will trade ex-dividend.

Jefferies has initiated coverage on 13 Indian stocks in the calendar year 2024 so far, taking its total coverage universe to 188 with a combined market cap of US$3.4tr or 70% of India's listed market.The majority of the 13 covered stocks have been strong outperformers relative to the benchmark index. Here’s the list of 13 stocks in which Jefferies has initiated coverage:

The trading journal is an indispensable for enhancing trading skills. It helps to systematically record all trades that enables us to identify the strengths and weaknesses, analyze trades, and create a profitable strategy. Finance Minister Nirmala Sitharaman emphasized the benefits of using a trading journal to enhance trading skills and profitability, highlighting the importance of stability in the financial market to protect investors.

The week may remain lacklustre on the data front as no major economic data releases are scheduled in both the US as well as the Indian market. Indian investors are likely to focus more on the ongoing earnings season as well as stock specific developments. Nifty and Sensex have reached all-time highs driven by US Fed data and expert insights. Key factors that will shape market outlook.

"When we take pride in the fact that we have the world's largest trading volume in futures and options (F&O), we need to ask ourselves is that a sign of progress or a sign of concern," the CEA said.

"We wish to inform that the resolution approving the Scheme was passed by the overwhelming majority of 99.95 per cent of the equity shareholders, representing more than three-fourths in value of the equity shareholders of the bank voting through remote e-voting and e-voting during the meeting, in terms of the provisions of Sections 230-232 of the Companies Act, 2013," the lender said.

In its lifetime every midcap company sees some headwinds. There are many examples from history which show the difference between the companies which have been able to survive and grow even after all the trouble is that of the parent company. A company belonging to a strong industrial group which has a track record of handling many economic cycles in the past has a higher probability of surviving a bad phase and coming back on a growth path as compared to a company in the same line of business which does not have the backing of a strong parent. The reasons are simple, when that midcap company of a large group will see a tough time, at a group level there is management bandwidth in terms of both financial and human resources to help it over bad times. Look over the last two decades at how companies like Voltas, Tata chemicals, which at one point if time were mid sized companies because large and stable business. So, if one is looking at investing in mid-cap, surely have a look if it has the back of a large and strong industrial house.