HDFC Bank is set to release its earnings for Q1 2022, the bank's first earnings since its mega-merger with parent Housing Development Finance Corporation. Last week, the bank shared provisional numbers showing gross advances rose 13% YoY to INR22.45tn ($301bn) while deposits

Maya, an options expert, introduced Tara to covered calls, a conservative options strategy that generates income from selling call options on underlying stock. Maya explained the strategy by providing an example of selling a call option for Infosys with a strike price of ₹1,360, earning a premium of ₹27 per share.

Indian domestic equities have gained for the third week, but investors are warned of the possible bouts of profit booking to occur this week after such a strong market run. Major index heavyweights releasing their June quarter earnings could trigger caution among investors, alongside the monsoon session of the parliament

Indian domestic equities have gained for the third week, but investors are warned of the possible bouts of profit booking to occur this week after such a strong market run. Major index heavyweights releasing their June quarter earnings could trigger caution among investors, alongside the monsoon session of the parliament

​Going by the derivatives data, there is a high accumulation of the OI near 19800-19900 levels. Going by this data, one can expect the markets to find stiff resistance near that zone over the coming days even if the current uptrend is to extend itself.

“An investor who invested Rs 10,000 with us in 1985 would be worth Rs 300 crore today,” says Uday Kotak said. He believes that a virtuous cycle for India is on the cards, and the financial sector is in its Goldilocks period

According to the latest shareholding pattern available with the exchanges, promoters own majority of the stake at 53.70%, while the rest of 46.30% lies with the public shareholders.

The largest bank in the nation, JPMorgan Chase & Co., led the way with $14.5 billion in profit, helped by growth virtually across the board, including increases in lending and credit-card transactions. Wells Fargo pulled in $4.9 billion and Citi earned $2.9 billion. All of the earnings were higher than analysts had expected.

When the nifty is forming a new high everyday, risks are increasing on the street. In such times, it would be better that while looking at stocks one also focuses on reducing the risk by taking a hard look at some numbers which are critical indicators. Refinitiv’s Stock Report Plus which lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".

Recent climatic conditions in parts of Pakistan and China have led to sudden rise in the price of rice. Will this bring an opportunity for rice exporting companies of India and also the retail investors ? However the agro sector is not very well covered by analysts, not many stocks have a recommendation, probably because they are largely small and mid-cap in nature.

The mega $40-billion merger of HDFC Bank and HDFC Ltd came into effect on July 1. Shares of HDFC Ltd discontinued trading on the stock exchanges from July 13. The bank had set July 12 as the record date for determining eligible shareholders for share allotment.

In the last one month as more and corners of Dalal street come under control of bulls, stocks from different sectors have seen an improvement in their analyst scores. The 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.

Last week, the Delhi Bench of the National Company Law Tribunal had admitted an insolvency petition against the government-owned logistics company by an operational creditor Roadwings International Pvt Ltd.

This leads to irrational analysis and ultimately financial losses. Emotions and biases often cloud our judgment, leading to poor trading decisions. For instance, when investors have an exaggerated belief in their ability to predict the market, they may take excessive risks. They may ignore warning signs such as not exiting when stop loss is hit.

Shares of the online food delivery aggregator surged more than 12% in the week gone by and scaled a 52-week high of Rs 84.50 on Friday.Most of the stocks in this space have had a strong run in 2023, after the massive sell-off in 2022.

Zen Technologies was the top gainer from the smallcap pack with nearly 37.2% returns, followed by Lloyds Steels Industries (33.9%), Pix Transmissions (27.9%), and Patel Engineering (26.2%).

​​Foreign fund managers continued to pour money into Indian equities, buying stocks worth ₹2,636.43 crore on Friday as the dollar fell to a 15-month low on easing inflation. A weakening dollar is fuelling appetite for riskier assets such as emerging markets.

Top central bank officials said they have enough room to ease monetary policy if needed and hinted at possible adjustments to the reserve requirement ratio for banks and further targeted easing of property controls.

The tech-rich Nasdaq Composite Index dipped 0.2 percent to 14,113.70, while the Dow Jones Industrial Average advanced 0.3 percent to 34,509.03. Stocks won strong gains earlier in the week after consumer price data that raised hopes the Federal Reserve could soon end its policy of hiking interest rates.

Fed officials are expected to raise rates by 25 basis points at their meeting this month after pausing their 15-month tightening campaign in June while at the same time indicating that two more increases were likely this year.

Yield on the 10-year benchmark government bond could move up 4 basis points (bps) in the three-month period, while the change for corporate and state bonds could be as much as 11 bps, it said.

Wells Fargo gains 0.8% after reporting a 57% rise in quarterly profit

Among frontline stocks, Tech Mahindra rallies 4.51%, Infosys climbs 4.40%, HCL Technologies gains 3.80% and Wipro advances 2.69%.

HDFC Bank has approved continuation of 1,47,57,600 warrants issued by HDFC Ltd in the name of bank as successor on the same terms and conditions, it said.

Under two-factor authentication, the first factor in a login is a password, but it has the risk of being easily compromised. The second is an additional factor to secure your account, which has biometric authorization, TOTP (time-based expiring codes) etc. This makes account compromise much harder.

The Dow Jones Industrial Average rises 30.19 points, or 0.09%, at the open to 34,425.33

According to block deals data available with the exchanges, Fidelity bought a combined stake of 0.32% or 11.82 lakh shares. The transaction was done at a weighted average price of Rs 1,155 apiece.

Reliance Industries is planning to demerge its financial services business soon. This business will be renamed Jio Financial Services (JFSL). After this demerger, JFSL will become India's fifth-largest financier in terms of capital. So what's gonna change, why the demerger and what are the plans for ahead? Watch the video.

Borrowing against units should generally be used for meeting short-term fund requirements only and not for creating long-term leverage in the portfolio, says Chief Executive Officer at Trust Mutual Funds

As far as levels are concerned, 19400-19300 is likely to cushion any short-term blip, while the sacrosanct support lies around the bullish gap of 19200. The next pitstop could be seen around 19650-19700 on an immediate basis, said Osho Krishan of Angel One.

The benchmark Sensex witnessed a substantial surge on Friday, gaining about 502 points and closing at a level of 66,060. Within this remarkable rise, six stocks listed on the BSE FMCG index touched new 52-week highs. The 52-week high holds significant importance for certain traders and investors as a crucial technical indicator to assess the present value of a stock and forecast possible price changes. It signifies the highest price at which a stock has been traded in the preceding year.

Adani Ports is set to have a strong first quarter on the back of healthy port cargo volume growth and rising logistics business. During the June quarter, Adani Ports recorded a total cargo volume of 101.4 million metric tons, an increase of 11.5% YoY, with strong growth observed across most ports and all three cargo segments.

Indian IT stocks surged 4.5% on Friday, their largest one-day climb since Sep 2020, due to strong deal pipelines and the belief that the US will pause its rate hikes after July. For much of the year, Nifty IT shares have been behind blue-chip indexes, as it was thought that clients would cut spending. However, with the collapse of Silicon Valley Bank

From the StockEdge’s technical scan on MACD, ETMarkets has collated a list of 7 large and midcap counters whose MACD line has crossed from below to above the signal line. This typically gives a bullish signal, suggesting the price of the stock can tick higher. Also, note that the further it is below the zero line, the stronger is the signal strength.Let’s first understand MACD and other metrics of importance here. Note, the data is from the previous day. (Source: StockEdge)

From the Sensex pack, IT stocks such as TCS, Tech Mahindra, Infosys, HCL Tech, and Wipro were the top gainers, rising 3-5%. Tata Steel, Nestle, HUL, Asian Paints, and ICICI Bank also closed higher.

Closing Bell: Sensex ends at new record high, rallies 502 pts; Nifty tops 19,550; TCS surges 5%, TechM 4%

Tata Consultancy Services, Hindalco Industries and other companies crossed the 200-day Simple Moving Average indicator on July 13, 2023, signaling market growth. TCS and Hindalco Industries' stocks surged past their 200 SMA, while Triveni Engineering & Industries and KIOCL maintained their performance around the 200 SMA. Mobile advertising and marketing firm Affle (India) and real estate developer Sobha also stayed above their 200 SMA. The data was sourced from StockEdge, and today's data on 100 SMA will be updated after market hours.

HCL Tech's Q1FY24 net profit rose by 8% YoY to Rs 3,534 crore, but shares fell 2% due to lower-than-expected earnings. Here's the brokerage's view on the stock.

BSE SmallCap index saw a significant surge as multiple stocks achieved new 52-week highs on July 14. Companies like Birlasoft and Can Fin Home demonstrated their market strength, while CCL Products, Esab India, Exide Industries, Great Eastern Shipping, Glenmark Pharma, JBM Auto, and KEC International also achieved notable milestones. These updates were from BSE at 1:40 pm and may have a lag in real-time data.

From the Sensex pack, IT stocks such as TCS, Tech Mahindra, Infosys, HCL Tech, and Wipro were the top gainers, rising 3-5%. Tata Steel, Nestle, HUL, Asian Paints, and ICICI Bank also closed higher.

From Saturday, Indian listed companies will face additional compliance burdens as the Securities and Exchange Board of India (Sebi) has introduced stricter rules for disclosing events or information to the regulator, including disclosure of material agreements that could impact the management of companies, acquisitions and buybacks of securities. The timeline for compliance has also been shortened, with disclosures now having to occur within 12 to 24 hours of the event, while outcomes of board meetings must be made public within 30 minutes of the meeting's conclusion. Sebi amended the rules to make the changes.

On Thursday, July 13, 2023, several significant stocks, including Finolex Cables, TCS, KIOCL, Triveni Turbine, Thermax, Aptus Value Housing Finance India, L&T Technology Services, and HDFC Bank, crossed their 50-day Simple Moving Average (SMA) indicating a potential shift in short-term momentum. These companies displayed impressive performance and positive momentum, surpassing their respective 50 SMA, which is considered a positive sign for investors.

ADX or Average Direction Index is a technical analysis tool that helps to quantify the strength in a stock's trend. ADX is computed based on a moving average of price range expansion over a given period. Here, we have identified 4 major mid and smallcap counters whose ADX has gone below 40. Note the data here is from the previous trading day (Source: StockEdge).

On July 13, 2023, several Indian companies including Infosys, Mphasis, Aditya Birla Fashion and Retail, Triveni Engineering & Industries, Oil India, MAS Financial Services, and Meghmani Finechem performed strongly by surpassing the 100-day Simple Moving Average technical indicator. Infosys's stock price reached Rs. 1365.1, while Mphasis closed at Rs. 1922.2, both exceeding their 100 SMA, while the others maintained steady performances above the indicator. Sourced from StockEdge, the data on 100 SMA will be updated after market hours.

RSI, which is a momentum indicator, gives short-term buy and sell signals and helps to determine a stock’s overbought or oversold state. It is the ratio of the recent upward price movement to the absolute price movement. The value of RSI ranges between 0-100. The StockEdge data computes the value of RSI by taking 14 days as the reference period.So, here are the top stocks whose RSIs have crossed the 70 mark from below, suggesting an overbought state. Typically, this situation hints at a sell signal on the counter. Note, the data is from the previous day i.e. July 13. (Source: StockEdge)

Foreign portfolio investors cut down their stake in Nykaa to 9.93% as of June from 12.17% held in March

Over 340 stocks have shown formation of Golden Crossover, a widely recognised technical indicator, as their 50-day moving average crossed above their 200-day moving average, indicating a shift in momentum from bearish to bullish. ETMarkets has identified ten of the stocks which include Can Fin Homes, Canara Bank, and Ceat.

According to an exchange filing on Wednesday, the promoter entity is looking to sell up to 7% stake (2.53 crore shares) at a floor price of Rs 1,000 per share. It was also supposed to sell another 2% in case there was an oversubscription. However, Patanjali Ayurved said on July 13 that it will not utilise the 2% oversubscription option (also called the greenshoe option). It did not mention the reason behind the change of mind.

Kolkata-based jeweller Senco Gold's shares listed at a 36% premium on Friday following its INR4.05bn ($54.6m) initial public offering. The equity issue included a fresh issue of INR2.7bn and an offer for sale of INR1.35bn.

The BSE 100 index witnessed a significant surge on Friday, July 14, with several companies hitting their 52-week highs. Notable companies included consumer goods firm Colgate-Palmolive, who hit Rs 1,830.20; Info Edge (India), which reached Rs 4,679.15; Oil and Natural Gas Corporation Limited (ONGC),