Other than the typical market behaviour of 'buy the rumour, sell the news', the single biggest stress point for investors has been the fact that ITC has chosen not to go for a clean demerger which restricts value unlocking for shareholders.

The June quarter shareholding pattern data shows that FIIs pared their stake in Infosys by another 165 bps to 33.44%. In the case of Tech Mahindra, which will report its Q1 results on Wednesday, FII holding went down by 118 bps to 25.69%.

Based on the idea of the chairman and CEO of Berkshire Hathaway Warren Buffett, a custom screen made by MarketSmith emphasizes metrics looking for companies with long-term past and potential future growth. If you are one of those investors who follow the investment philosophy laid down by Buffett, then a custom screen made by MarketSmith can prove to be useful. Investors must study the business as well as valuations in detail before making a call.Here are 8 stocks that match Warren Buffett’s style of investing, as listed on MarketSmith:

ITC said on Monday it would spin off the hotel business, separating it from its cigarettes and food units, but retain a 40% stake in the new entity, with ITC shareholders holding the rest. The company's stock ended nearly 4% lower on Monday.

“We have reinitiated coverage on Havells India with a buy rating and a target of Rs 1,580. We expect the company to maintain its premium valuations given: a) the 29% earnings CAGR over FY23-25 and b) strong return ratios (RoE/ROCE of 21%/20% and c) RoIC of 30% in FY25),” Sneha Poddar, Associate Vice President at Motilal Oswal Financial Services Limited, said.

Among Sensex stocks, Tata Motors, JSW Steel, UltraTech Cement, M&M, Sun Pharma, Airtel, and Bajaj Finance opened with gains, while Asian Paints, Infosys, ITC, Wipro, and Maruti opened with cuts.

The Nifty kept changing its stance from negative to positive zones. But it finally succumbed to selling pressure at the end of the day.

Opening Bell: Sensex gains 50 points, Nifty tests 19,700; SJVN surges 9%, Coffee Day Enterprises tanks 5%.

The June quarter shareholding pattern data shows that FIIs pared their stake in Infosys by another 165 bps to 33.44%. In the case of Tech Mahindra, which will report its Q1 results on Wednesday, FII holding went down by 118 bps to 25.69%.

Bearish reversal scans on the candlestick screener help ascertain stocks which can slip downward from an uptrend zone. Here is a list of 4 major large, midcap stocks that have established a Shooting Star pattern and signal bearish reversal. Note here the data is of the previous trading session i.e. July 24. (Source: StockEdge)

Larsen & Toubro’s daily trend is bullish to sideways. RSI for monthly, weekly and daily is showing bullish momentum. Based on option chain analysis, the range is between 2400 and 2700. Let’s plan a trade around this.

CLSA downgraded DLF to outperform with a target of Rs 547. The housing demand momentum continues, which is positive for the stock.

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 Hero Moto and Balrampur Chini, while Nooresh Merani has a buy/sell recommendation on NTPC and Hero Moto for today's trading session. Check out the targets and stoploss.

Bearish reversal scans on the candlestick screener help ascertain stocks which can slip downward from an uptrend zone. Here is a list of 4 major large, midcap stocks that have established a Shooting Star pattern and signal bearish reversal. Note here the data is of the previous trading session i.e. July 24. (Source: StockEdge)

Four stocks on NSE, with a market cap of over Rs 100 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 24.

In the Nifty200 pack, we have collated a list of six stocks that witnessed a 5-year swing high at the close on July 24, 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.

On the candlestick screener scan performed on Monday, a bullish reversal pattern helped identify stocks that can see an uptrend from a downward zone in the future. So, here are 4 major stocks that have established a Bullish Harami Cross pattern and hint at a bullish reversal in the future. (Source: StockEdge)

On the monthly front, the maximum Call OI is placed at 19800 and then towards 19900 strikes while the maximum Put OI is placed at 19700 and then towards 19500 strikes. Call writing is seen at 19700 then 19800 strike while Put writing is seen at 19400 then 19500 strike.

On NSE, 11 stocks with a market cap of over Rs 1000 crore crossed above their 200 DMA (Daily Moving Averages) on July 24, 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.

Stocks that were in focus include names like ITC, which fell 4.30%, IndusInd Bank, which rose 1.96%, and Aarti Drugs, whose shares surged 18% on Monday.

Nifty futures traded 20 points, or 0.10 per cent, lower at 19,718, signaling that Dalal Street was headed for a negative start on Tuesday. Here's a slew of stocks that will be in focus today for various reasons.

The Shanghai Composite Index was 1.55% higher, while Hong Kong's benchmark Hang Seng Index surged 3.4% after China's top leaders pledged on Monday to step up policy support for the economy amid a tortuous post-COVID recovery, focusing on boosting domestic demand and signalling more stimulus steps.

Investors are awaiting Microsoft, Google-owner Alphabet and Meta Platforms earnings this week, which will show whether their stocks justify sky-high valuations.

Option data suggests a shift in trading range in between 19500 to 20200 zones while an immediate trading range in between 19600 to 20000 zones.

Tata Steel's consolidated net profit fell 92% year-on-year to Rs 634 crore for the first quarter ended June. Revenue from operations declined 6% to Rs 59,490 crore.

The regulator is also working on instantaneous settlement of stock market transactions and reviewing the trading plan mechanism for insiders at listed firms. Sebi will issue a discussion paper on the delisting process before December.

The insurance buyout will allow Kolkata-based Bandhan, which began as a microfinance company, to expand its remit beyond banking and asset management. The stake purchase is subject to regulatory approvals. The value of the buyout, and the quantum of proceeds to each of the exiting stakeholders, weren't immediately known.

Some 71% of respondents reported such an outlook in results of the poll, published Monday. That marks a sharp turnaround from NABE's previous survey in April, which showed an almost even split between those forecasting a downturn and those who were not.

Policymakers are poised to lift rates by a quarter point following a two-day policy meeting Wednesday, bringing the target on their benchmark rate to a range of 5.25% to 5.5%. Projections released by Fed officials in June showed most of them foresee at least one more rate hike by year end.

The company's chief executive Neeraj Saxena said the fresh funds will be used by the company to expand its loan book. Bhanshali and Balrampur Chini continue to be majority shareholders in the company post the fund raise.

Out of the 35 brokerages whose ratings and price targets are uploaded on Bloomberg, 15 have retained their price targets, while 19 raised them by 0.5% to 7.5%. The average price target of the 35 analysts at ₹2,162 is over 14% above Monday's closing price of ₹1,893.85.

The average price target of analysts is ₹2,790, which is about 12% above Reliance's closing price of ₹2,488 on Monday. The stock was down 2% over the previous day.

However, in a behaviour typical of the markets of buying on rumours and selling on news, the ITC stock that had hit a record high of ₹499.6 in the trading session on Monday eventually retreated 4%. The stock has gained over 40% year-to-date and the expectation of the demerger of its hotel business played a large role in this rally.

Bajaj Finance stock rose from Rs 5,937 on April 21 to Rs 7,581 on July 21, which translates into an upside of 27% in the last 3 months. In terms of price action, it is trading above most of the short- and long-term moving averages such as 5,10,30,50,100 and 200-DMA on the daily charts.

Trading turnover on NSE IX has been growing exponentially since the commencement of the full-scale operation of NSE IX-SGX GIFT Connect from SGX to NSE IX on July 3

As of Friday, second-quarter earnings are expected to decline by 7.9%, according to Refinitiv data

Recently, the market regulator had introduced an ASBA-like or Application Supported by Blocked Amount facility for secondary market transactions with an aim to safeguard investors’ money from misuse by stock brokers.

The investor has picked up 1.34% stake amounting to 11,26,765 equity shares in Zen Technologies during the reported quarter

Dragged down by heavyweights ITC and Reliance Industries, Indian equities tumbled for the second consecutive session on Monday. Nifty fell 73 to 19,672, while Sensex dropped to 66,385, down almost 300 points. Sector-wise, healthcare index gained the most, while FMCG pack emerged as the laggard, falling as much as 1.72%. Broader markets, on the contrary, posted a better show than their headline peers.“On the daily charts, we can observe that the Nifty is retracing the rise from 19303 – 19992. Currently, it is around the 50% Fibonacci retracement level and is expected to attract buying interest. The daily momentum indicator has triggered a negative crossover which is a sell signal. Both price and momentum indicators are indicating weakness. However, we are still of the opinion that this is a dip that should be bought into as the overall uptrend is still intact. In terms of levels, 19600 – 19580 shall act as a crucial support zone, and on the upside 19800 - 19840 shall act as an immediate hurdle zone,” said Jatin Gedia – Technical Research Analyst at Sharekhan by BNP Paribas.Here are the stock recommendations for Tuesday:

A Delaware court judge said on Friday declined to approve the proposed settlement by AMC in a case that has alleged the company planned to convert preferred stock to common to circumvent the will of common stock holders who had opposed the issuing of new shares

Sector-wise, buying was seen in infra, public sector, and capital goods stocks and selling in FMCG, metals, oil & gas and banks.

Dow rises 0.01%, S&P 500 opens higher by 0.16% and Nasdaq Composite gains 0.35% at the opening bell.

The said 20-day EMA has been holding for the past three months and has offered support for Nifty to witness upside bounces from it in the past, said Nagaraj Shetti of HDFC Securities. Open Interest (OI) data indicates a build-up of fresh short positions. FIIs were seen liquidating long positions in index futures as indicated by the Long-Short Ratio

After rallying over 40% in the last 6 months, ITC shares ended about 4% lower at Rs 470.90 on BSE after the FMCG major announced that it will hive off the hotels business into a new subsidiary. By doing this, ITC management has begun the process of addressing the biggest investor concern around the demerger of its non-cigarette business like hotels, agri and IT

Sector-wise, buying was seen in infra, public sector, and capital goods stocks and selling in FMCG, metals, oil & gas and banks.

Here’s a list of Dalal Street’s most researched stocks by analysts and brokerages, according to Trendlyne. India’s biggest private lender HDFC Bank is on the top of the list with 34 reports on its back and 27 buy calls. Take a look:

SEBI Chairperson Madhabi Puri Buch on capital formation, time to approve fund raising applications, GST numbers and more.

The markets regulator will consider permitting the delisting of companies via fixed price instead of the reverse book-building procedure, Chairperson Madhabi Puri Buch said on Monday

The market breadth was skewed in the favour of the bears. About 1,937 stocks declined, 1,763 gained, and 155 remained unchanged on the BSE.