Five stocks with a market cap of over Rs 1000 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 July 25.

GIFT Nifty on the NSE IX traded 14 points, or 0.07 per cent, higher at 19,871, signaling that Dalal Street was headed for positive start on Wednesday. Here's a slew of stocks that will be in focus today for various reasons.

The yield on benchmark 10-year Treasury notes rose to 3.8924%, compared with its U.S. close of 3.912% on Tuesday. The two-year yield, which rises with traders' expectations of higher Fed fund rates, touched 4.8848% compared with a U.S. close of 4.893%.

Shares in the owner of Google and the maker of Windows climbed 0.6% and 1.7%, respectively. "When you have this much enthusiasm for a specific investing theme, you don't need much of a reason for markets to move. It's inertia," said Steve Sosnick, chief strategist at Interactive Brokers.

FPIs turn net buyers at Rs 1,088 crore after two days of selling. DIIs sold shares worth Rs 333 crore on Tuesday.

"BHEL stock has recently surpassed the previous swing high with a noticeable rise in volumes. The chart pattern indicates the prevailing recovery to continue. Traders can buy for a target of Rs 114 in next 1-2 months," Ajit Mishra, SVP - Technical Research, Religare Broking Ltd, said.

SBI Life has reported net profit of Rs 381 crore for the quarter ended June. The net premium income rose 19% year-on-year to Rs 13,104 crore

Lenders of Vidarbha Industries Power will hold a Swiss challenge auction on August 8 among the three shortlisted asset reconstruction companies (ARCs), said people aware of the development. Lenders have shortlisted Aditya Birla ARC, Avenue Capital-backed Asset Reconstruction Company of India (Arcil) and Reliance ARC as eligible candidates to submit counter offers for the sale of the distressed power company, the people said.

TVS shares made a record high of ₹1,388.45 before closing at ₹1,383.70 apiece on the NSE, up 5.86% from the previous close. More than 56 lakh shares exchanged hands on the BSE and NSE, up over five times the combined average daily volume for the past one month.

​​Adani Green jumped 10%, emerging as the biggest gainer among the group companies. Adani Power gained 9.2%, while ACC, Adani Total Gas, Ambuja Cements, Adani Wilmar and NDTV rose 4-5% each.

The latest Reserve Bank data indicates that in the July 15 fortnight it fell to Rs 26,000 crore as one of the biggest issuers-HDFC is now out of the market. Fresh issues have been slowing since June this year. Interest rates ranged from 6.7 per cent to 13.1 per cent during the fortnight. Significantly fresh issues fell even as the rates have not hardened and have remained range bound around 6.7 percent since May

​​Foreign Portfolio Investors (FPIs) have consistently increased their stakes in about 40 companies such as ITC, Raymond and Karnataka Bank among others in the past six quarters, according to data compiled by ET.

JPMorgan Asset Management is plowing into equities and at least one Invesco fund has done an about-face from its previous cautious positioning. DataTrek says investors are now betting on individual stocks instead of trading on macro themes.

The company has decided to cancel its DVR shares meant for simplification of capital structure, potentially narrowing the discount between two securities. Interestingly, ordinary shares are also likely to see an earnings upgrade from improving margins at its UK subsidiary Jaguar Land Rover and the domestic business.

Hero Motors was spun off from Hero Cycles, a company helmed by Pankaj Munjal's father Om Prakash Munjal for decades before the latter passed away in 2015. Hero MotoCorp's Pawan Munjal is the son of Brij Mohan Lall Munjal, a sibling of Om Prakash Munjal.

The stock hit a 52-week high of Rs 99.53 in intraday trade on July 25. It has rallied over 6% in a week and nearly 30% in the last 3 months. The momentum has helped the stock break above the swing high of Rs 91.45 recorded on December 5, 2022. With this, it has also ended the 7-month-long consolidation phase.

Investors have been on the guard after U.S. inflation data in July showed a third consecutive monthly decline in fares, with prices dropping at their fastest pace since February 2021

At a time when the wider rally has made some stocks, especially in the tech space, too expensive, the return of meme stocks is offering retail investors a more affordable option to participate in 2023's market rebound and pocket big returns.

With the central bank on track for another 25-basis point interest rate hike on Wednesday, policymakers face a choice over how much weight to put on recent economic data.

Seven Nifty50 companies - Bajaj Finance, Axis Bank, Tech Mahindra, DRL, Cipla, Tata Consumer and BPCL will post their Q1 results on Wednesday. Here's a quick look at what to expect from their earnings show

The latest Reserve Bank data indicates that in the July 15 fortnight it fell to Rs 26,000 crore as one of the biggest issuers-HDFC is now out of the market. Fresh issues have been slowing since June this year. Interest rates ranged from 6.7 per cent to 13.1 per cent during the fortnight. Significantly fresh issues fell even as the rates have not hardened and have remained range bound around 6.7 percent since May

The case relates to mis-selling of the bank's AT1 (Additional Tier-1) bonds to retail investors by the bank's officials. It was alleged that the bank and certain officials did not inform investors of the risk involved while selling the AT-1 bonds in the secondary market. The sale of AT1 bonds started in 2016 and continued till 2019

Equity indices extended their losing run for the second straight session as intraday recovery was short-lived. Nifty ended below 19,700 levels at 19,680, while Sensex ended with a minor cut of 29 points at 66,356. Bank Nifty also saw selling pressure and the overall breadth turned negative as 80% of its constituents ended in the red. Even sectorally it was a mixed show, with metal pack emerging as the top gainer, while the PSU Bank basket was the top loser. “The daily chart indicates a downward consolidation with the price falling below the rising trendline. The RSI shows a bearish crossover. Notably, the support level at 19550 is crucial, and if breached, the index could further decline towards 19300. Conversely, resistance is positioned at 19800 on the higher side,” said Rupak De, LKP Securities.Here are the stock recommendations for Wednesday:

Sectorally, buying was seen in utilities, metal, power, and consumer durable stocks while selling was seen in FMCG, capital goods, realty, and banks

Dow rises 0.03%, S&P 500 opens higher by 0.01% while Nasdaq Composite gains 0.24% at the opening bell

On Tuesday, benchmark index Sensex ended marginally lower, dropping about 30 points and closed at 66,355. Despite the relatively stagnant market, 4 stocks from the BSE Capital Goods index hit new highs within the 52-week timeframe. For some traders and investors, the 52-week high serves as a vital technical indicator for assessing a stock's present value and anticipating potential price fluctuations. Essentially, it signifies the highest price at which the stock has been trading over the past year.

The move is aimed at capital reduction, and the automaker will seek National Company Law Tribunal’s approval for the same, it said. Holders of DVRs have different voting and dividend rights when compared to holders of ordinary shares. Tata Motors had issued DVRs back in 2008 when it did a rights issue.

As per the stochastic oscillator i.e. a momentum indicator, for these major largecaps including ITC, Stochastic has been reversing from the overbought zone. This implies that the bearish reversal has occurred and one should sell when the price moves below 80 from the overbought zone. Primarily, this indicates that the price has become bearish and moving forward to the oversold territory. (Source: StockEdge)

Leading market expert, Madhusudan Kela, has invested in Natco Pharma and Praxis Home Retail, acquiring a 1% stake in the former and 2.1% in the latter. Kela's investment in Natco Pharma and Praxis Home is worth INR 138 crore and INR 4 crore, respectively.

As per the latest corporate shareholdings filed, Mukul Agrawal publicly holds 56 stocks with a net worth of over Rs. 3,840.9 crore. The ace investor increased holdings in Capacit'e Infraprojects, Zen Technologies, Kanoria Chemicals & Industries, and Suzlon Energy, among others in Q1. Take a look: (Source: Trendlyne)

Nifty ended the trading session on Tuesday with a flat market and formed a small bearish candle, indicating weak bias in the market with choppy movements. Experts suggest a bullish short-term outlook and recommend taking advantage of the intermediate pullback as a buying opportunity, with significant support at 19,615-19,560, and resistance

Tata Motors will create a Trust, which will receive the new ordinary shares from the company on behalf and for the benefit of each of the relevant shareholders. ​The issuance of shares instead of cash will help in preserving the liquidity for the company’s future growth. Besides, it will allow the holders of the ‘A’ ordinary shares to continue to participate in the company’s performance through the ordinary shares.

Shares of retail favourite ITC went up 40% this year in anticipation of the hotels business demerger but as soon as the company announced the spin-off, traders started to dump the stock. On Monday, it declined 4% and then in Tuesday's trade it fell another 3%, taking the slide to 7% in 2 days. Here are a few reasons why investors are selling ITC shares now.

BSE SmallCap index witnessed a remarkable rally today, with several prominent stocks achieving new 52-week highs, showcasing the strong growth potential of these companies in the current market

The initial public offering of Noida-based hospital chain Yatharth Hospital will open for subscription on Wednesday, 26th July, and close on Friday, 28th July. Here's everything you need to know about this upcoming issue.

The BSE MidCap index witnessed an impressive surge today as prominent companies marked new 52-week highs. Notable gainers included Ajanta Pharma, Oberoi Realty, and more, reaching record levels in their impressive journey

Here are the stocks that have witnessed maximum consensus upgrades over the last one year. These stocks belong to domestic cyclical sectors such as financials, consumer discretionary, auto, industrials, and internet stocks. (Source: ICICI Securities)

Crossing the 200-day SMA is a significant technical indicator for investors, as it may signal a potential uptrend in the stock's price movement

Adani Green, which ended locked in the 10% upper circuit, saw buying interest as market participants took note of the impressive line-up of investor meetings lined up in August.

In a bullish display of strength, several BSE Largecap stocks surged to new heights, reaching their 52-week high on July 25, 2023

Benchmark equity indices Sensex and Nifty ended almost flat in a see-saw trade on Tuesday as investors traded cautiously, awaiting cues from the US Federal Reserve's policy stance. The 30-share BSE Sensex slipped 29.07 points or 0.04 per cent to settle at 66,355.71. During the day, it touched an intra-day peak of 66,559.29 and hit the lowest level of 66,177.62. The NSE Nifty inched up by 8.25 points or 0.04 per cent to end at 19,680.60. The broader index moved between the range of 19,729.35 and 19,615.95.

From the Sensex pack, Asian Paints closes 4% lower after Q1 results. Meanwhile, ITC, L&T, SBI, IndusInd Bank, Kotak Bank, Wipro, and Axis Bank also end in the red. The market capitalisation of all listed companies on BSE increased by Rs 67,727 crore to Rs 302.65 lakh crore

This event suggests a potential shift in the stock's price trend from bearish to bullish, indicating a possible upward momentum and an optimistic outlook for the stock's performance.

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, apart from determining the likely uptrend or uptrend, RSI also enables an understanding of the stock’s overvalued or oversold state. So, here are 5 major midcap stocks which signal a possible uptrend in the near term. Note the data is from the previous day as today’s data is updated after market hours. (Source: StockEdge)Significance of RSI moving upThis is a bullish signal as the RSI has crossed above 50 from below.

Asian Paints' shares fell over 4% after the release of the June quarter earnings, which saw a consolidated net profit of INR1,550.37 crore ($208.71m), up 52.5% YoY. Consolidated revenue from operations increased almost 7% YoY to INR9,182.31 crore. The slump in the stock was mainly due to profit-booking as the data showed strong performance and was already priced in. The company had seen double‐digit volume and healthy value growth in the Indian decorative business; however, the international business was constrained due to the uncertain global macroeconomic environment.

Several companies in India, including Varun Beverages, KPIT Technologies, Siemens, Bosch, Tata Chemicals, and EID-Parry, crossed their 50-day Simple Moving Average (SMA) on July 24, indicating potential uptrends in their stock prices. Varun Beverages and KPIT Technologies showed robust performance, while Siemens, Bosch, Tata Chemicals, and EID-Parry demonstrated positive momentum with their stocks crossing the 50-day SMA. These companies operate in diverse sectors, including manufacturing, IT consulting, engineering, and consumer products.

The bank had posted a 42 per cent rise in net profit at Rs 1,147 crore for the June quarter, as against Rs 807 crore in the year-ago period. The total income in the first quarter of the current fiscal rose to Rs 5,757 crore, from Rs 4,081 crore in the same period a year ago.

The RSI is a momentum oscillator that ranges from 0 to 100 and is used to assess the strength and direction of a stock's price movements. An RSI value above 70 indicates that a stock is in an overbought zone and may be ripe for a price correction, while an RSI below 30 signifies an oversold condition and the potential for a rebound.

ET Markets Exclusive: Catch us live as we talk to Mr. Yatharth Tyagi, Whole Time Director at Yatharth Hospital & Trauma Care Services Limited on the company's IPO, financials & more!

Monitoring the activity of institutional investors can be highly beneficial for individual investors, especially considering their tendency to make substantial investments following thorough research. According to an ETMarkets study, foreign institutional investors (FIIs) have consistently increased their holdings in 93 smallcaps listed on the BSE in the last four quarters (Sept 2022 - June 2023). Our analysis reveals that out of these 93 stocks, 73 have delivered double-digit returns in the past year. Remarkably, 19 stocks from the list have experienced a multi-bagger effect, while we have highlighted 8 stocks that have surged by over 150 percent during the same period (Data Source: ACE Equity).