These contracts will not be available for trading from Monday, July 1, 2024, it said. The move comes as part of a partial modification to the exchange notice number dated September 8, 2021, and February 8, 2024, regarding the change in the expiry day of stock derivatives in equity derivatives segment.

Explosive demand and increased manufacturing capacity for Eli Lilly's weight-loss drug Zepbound drove the company to raise its annual sales forecast by $2 billion on Tuesday, lifting its shares nearly 6%.

US labour costs increased in the first quarter amid a rise in wages and benefits, confirming the surge in inflation early in the year that will likely delay a much-anticipated interest rate cut later in 2024. On the earnings front, GE HealthCare lost 9.6% after the medical equipment firm missed estimates for first-quarter revenue, while McDonald's fell 0.9% as it missed profit estimates for the first time in two years.

Indian private equity firm ChrysCapital has raised $700 million in new funds, allowing the firm to maintain its stake in India's National Stock Exchange (NSE) by buying itself out, the firm said Tuesday.

The Dow Jones Industrial Average fell 48.7 points, or 0.13%, at the open to 38,337.4.

Asset Management Companies are required to put in place a structured institutional mechanism for identification and deterrence of potential market abuse.

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 a security from extreme bearishness to bullishness. In Tuesday's trading session, five stocks saw top short covering. Here's the list:

Long unwinding refers to selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Tuesday's trading session, five stocks witnessed a top-long unwinding. Here's the list:

PV volumes are likely to have grown at a healthy pace led by robust retail volumes (up over 10%). Meanwhile, CVs and tractors are expected to be broadly flattish, but better than the previous month, owing to the fading of the high base.

Nifty on Wednesday ended about 39 points lower to form a Shooting Star pattern on the daily chart to indicate a strong possibility of further weakness from current levels.

Investors closely monitor the investment portfolios of prominent individuals. To help investors, ETMarkets has conducted an analysis of the investments and holdings of esteemed investor Mukul Agarwal. According to the latest data from the March quarter, Agarwal has publicly revealed his stakes in approximately 59 companies, market value amounting to around Rs 5,453 crore as of April 29, 2024. These holdings consist of companies where his stake exceeds 1%. Among these, 24 stocks have yielded double-digit returns in the current calendar year (CY24).We have highlighted 5 stocks that have surged over 40% in the first four months of CY24. It's worth mentioning that when considering portfolio market value, the primary holdings of the ace investor are in BSE Ltd, Neuland Laboratories, and Nuvama Wealth Management, ranging from Rs 250 crore to Rs 550 crore.(Data Source: ACE Equity).

Tech Mahindra, HCL Tech, Tata Steel, and JSW Steel exerted downward pressure on the Sensex. Conversely, M&M, Power Grid, Bajaj Finance, and IndusInd Bank contributed positively to the index.

Equity markets will remain closed on Wednesday on account of Maharashtra Day. Accordingly, all the segments including, the equity segment, derivative segment, and SLB segment will be closed.

With the end of the last quarter of FY24, we look at stocks where promoters sold the most stakes during the quarter. This screener shows stocks that saw a decline in promoter holding over Q4. There may be many reasons for a drop in promoter holdings, but investors often see it as signaling a lack of confidence in future growth. So promoter sales can trigger selling from other investors. Promoters may also sell their stake to earn profits when shares have risen sharply. (Source: Trendlyne)

Here is a look at stock ideas for investors that have an investment horizon of a year or more. (Data: MOSL | Upside scope as of Monday's close)

Indian shares edged up on Tuesday, led by gains in auto and heavyweight financial stocks, while strong corporate earnings also aided sentiment. Meanwhile, in today's trading session, six Nifty50 stocks touched a new 52-week high. Here's the list:

Equity markets will remain closed on Wednesday on account of Maharashtra Day. Accordingly, all the segments including, the equity segment, derivative segment, and SLB segment will be closed.

There are sectors which are discovered on the street, then thrown in dumps and then rediscovered. Probably, in the last three years, the street is more in a mood to rediscover the sectors. On top of the rediscovery mission is the power sector. This rediscovery has happened after a gap of close to 15 years and probably companies and their promoters have learned many lessons. The players who are able to survive tend to get more attention because they have learnt the art of surviving a tough phase which is one most important feature for long-term survival. While phase one of the re-rating has taken place, the question is that as the sector continues to show improvement in performance, will there be another round of re-rating. As far as the basic demand matrix is concerned, power is a sector where demand will always be higher than supply.

Equity markets will remain closed on Wednesday on account of Maharashtra Day. Accordingly, all the segments including, the equity segment, derivative segment, and SLB segment will be closed.

JNK India's listing exceeded expectations with a remarkable debut. Analysts anticipate potential volatility post-initial surge but affirm strong fundamentals and a positive outlook, indicating long-term promise.

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.

Manappuram Finance shares surged 5.4% to a 52-week high of Rs 207.30 following news of subsidiary Asirvad Micro Finance receiving Sebi approval for an IPO. The IPO, filed last October, will follow a book-building process with allocation to various investor categories.

As bulls once again take charge of the market both at the index land and breadth level mid-cap are likely to get a push. While there is nothing wrong in being bullish given the fact that policy continuity is the next theme on the street. However, keep some check and balance while participating in this phase of the rally. The reason is the fact that valuations are not cheap and any small profit booking correction may lead to sharp correction in individual stock prices. Yes, in some cases, Q4 numbers have helped in moderation as far as valuations are concerned, but it would be better to stay with select stocks and with sectors where there are some tailwinds. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.

Investors will monitor the bloc-wide flash April inflation and first-quarter GDP data during the day for clues on the European Central Bank's interest rate cuts beyond June.

KIE attributed Honasa’s success to its strong marketing acumen, flair for spotting emerging trends and capitalising on them, and nimble execution, however, also lists potential key risks of further deceleration in ME growth and a rise in competition from traditional BPC players/platforms.

JAPAN-STOCKS/CLOSE (UPDATE 1)Japan's Nikkei tracks Wall Street higher; Fed policy meeting in focus

Shares of Mahindra & Mahindra jumped over 4% on Tuesday to hit a fresh record high of Rs 2,152.15 after the company launched a compact SUV named XUV 3XO in competition with its peers like Tata Nexon, Hyundai Venue and Maruti Suzuki Brezza.

A short buildup is when there is a rise in open interest and volumes along with a decrease in the price of the underlying stock in the Futures and Options segment. Short buildup means more people are expecting the prices to go down and creating short positions. In Tuesday’s trading session, five stocks witnessed a build of fresh short positions. Here's the list:

Its net interest margin, a key gauge of profitability, improved to 8% for the full year from 7.8% in FY23.

A long buildup occurs when there is an increase in open interest and trading volumes alongside a rise in the price of the underlying stock in the Futures and Options segment, indicating a bullish trend in the market. In Tuesday's trading session, five stocks experienced a buildup of fresh long positions. Here's the list:

Tata Chemicals witnessed a 4.5% decline in shares, hitting a day's low of Rs 1,050 on BSE. This drop followed the company's announcement of its first quarterly loss in nine years. Kotak Institutional Equities issued a 'sell' rating on the stock, setting a target price of Rs 770, indicating a potential downside of nearly 29%.

The five times jump in profits was largely due to the exceptional items income of Rs 543.35 crore in the quarter which was not there in the corresponding quarter of last year.

The IPO, which was a fresh equity issue of 45.8 lakh shares, received a decent response from investors with an overall subscription of 6 times at close.

UltraTech Cement shares surged 2.4% to Rs 10,200 following robust Q4 results. Consolidated net profit grew 36% YoY to Rs 2,258 crore, exceeding estimates. Revenue rose 9% YoY to Rs 20,419 crore. A dividend of Rs 70 per share was recommended. EBITDA increased 33% YoY to Rs 4,250 crore.

Varyaa Creations debuted with a 90% premium on BSE SME, offering 13.4L shares at Rs 135. Evolved from Kalgi India, now focusing on jewelry trading, online-offline sales, and Mumbai-based manufacturing. 2023 financials: Rs 17.62 Cr revenue, Rs 3.51 Cr profit.

Emmforce Autotech lists with 90% premium over IPO price on BSE SME platform. Proceeds for subsidiaries, drivetrain parts, export focus. Auto component industry vital for GDP. Revenue: Rs 5.19 crore, profit: Rs 43 lakh. Anchor investors: BofA Securities Europe, Beeline Capital Advisors.

Indian equities, led by Reliance Industries, showed gains. Various sectors surged, with expectations of steady Fed rates in May 2024. Trent rises over 6% post solid Q4 results.

Nifty 50 formed a rising channel and stayed in an upward rising trajectory throughout the day to end with gains.

Nervousness on Dalal Street as Nifty bulls debate 'Sell in May and go away'. Positive April returns trigger unease. US Fed meeting hints at rate cut projection. Analysts advise capitalizing on Nifty dips for buying opportunities.

JNK India made a strong market debut on NSE and BSE with significant premiums. Specializing in heating equipment for oil & gas sectors, it aims for substantial growth supported by a robust order book.

Foreign institutional investors (FIIs) are typically major corporations that invest in countries outside their home base. Based on StockEdge data, here are 10 large-cap stocks from the Nifty200 index where FIIs increased their stake in Q4:

NMDC shares bounced back after hitting a low above Rs 190 in March this year. The stock also underwent mild consolidation in early April. NMDC shares have advanced over 8% in the last 5 sessions, which helped the stock to breakout from the consolidation range.

The company delivered a strong performance, quite like Tata, but disclosures are quite unlike. Confidence seems high, which is reflected in the proposed (cash) 3Y incentive scheme for eligible staff.

The BSE Sensex was up by 119 points or 0.16% at 74,791, while the Nifty50 traded at 22,684, marking a rise of 41 points or 0.18% around 9:20 am.

Apple registered its biggest one-day percentage gain in more than two weeks after the upgrade, which marked the stock's first "buy" equivalent rating from Bernstein's Toni Sacconaghi since early 2018.

Tesla shares surged 15.3%, after the electric vehicle maker made progress in securing regulatory approval to launch its advanced driver-assistance program in China, its second-largest market after the U.S.

China stocks were mixed in early trading with the blue-chip index easing 0.07%, while Hong Kong's Hang Seng index was up 0.5%.

“Havells has been a consistent performer in the consumer electrical space; maintaining a long-term uptrend since 2011. Traders can buy for a target of Rs 1850 in the next 1-2 months,” Ajit Mishra, SVP - Research, Religare Broking Ltd, said.

Tata Play, India's largest DTH firm with 21 million subscribers, has intimated the Ministry of Information and Broadcasting (MIB) about the change in shareholding, according to one of the persons, who did not wish to be identified. Under the DTH rules, licence holders are required to inform the ministry about a change in shareholding or partnership or foreign direct investment pattern.