A long buildup is when there is a rise in open interest and volumes along with an increase in the price of the underlying stock in the Futures and Options segment. The long buildup is the occurrence of a long (buying) trend in the share market. In Monday's trading session, five stocks witnessed a build of fresh long positions. Here's the list:

Its revenue from operations, however, rose 8.43% to Rs 6,742 crore in Q3 FY24 as against Rs 6,218 crore in the corresponding period last fiscal.

Hero MotoCorp on Friday reported a 51% year-on-year (YoY) growth in net profit for the quarter ended December to Rs 1,073.40 crore, which was largely on expected lines. Revenue from operations grew 21% YoY in the quarter to Rs 9,724 crore and was higher than an ETnow poll of Rs 9,690 crore.

Consolidated EBITDA for the quarter jumped 192% YoY at Rs 34.5 crore in the reporting quarter, margins improved 397 basis points YoY to 7.1%.

Short-term traders can look to go short in the stock for a possible retest of Rs 510 levels in the next 3-4 weeks, suggest experts.

Axis Bank, HDFC Bank, Bajaj Finance, and Cholamandalam Investment and Finance were the stocks that FIIs bought the highest in the financial services space in the December quarter, data by Prime Database showed.

Invasset's Growth Pro Max Fund was the biggest gainer in the pack with a monthly return of 17.14% in January. The multi-cap fund has given an astonishing return of 133% in the last one year period, shows data pulled from PMS Bazaar.

JM Financial, Axis Capital, and ICICI Securities were the book running lead managers for Apeejay Surrendra Park Hotels IPO. Link Intime India acted as the registrar.

Going forward, with the ramping up of captive coal production, it is expected that the coal cost would come down.Further, the better production and realization of alumina sales volumes in the coming quarter will help the company to improve its profitability.

National Aluminium Co is one of the largest integrated primary producers of aluminium in Asia and has a presence across the entire value chain. The company is likely to see strong growth in topline, given opportunities in the EV space, while backward integration and cost efficiencies will drive profitability, says Shreyansh Shah of Stoxbox.

Kotak Institutional Equities recommended a sell on Divi’s Laboratories with a target price of Rs 3025. The company recorded a weakness in the generic APIs which continues to weigh on the overall print, it said.

Global broking firm JPMorgan upgraded LIC to overweight from neutral and raised the target price to Rs 1,340 from Rs 690 earlier. Stating that price outperformance could continue in the near term, it recognised the growing market interest in the relative valuation merit of PSUs over private players.

India's blue-chip indices Nifty and Sensex were muted on Friday and logged weekly losses, weighed down by financials and consumer stocks, as investors digested the fading likelihood of early rate cuts in India and the United States. Meanwhile, a host of analysts shared their tech views on several stocks, which may gain up to 12% in the near term. Here is a list of 5 tech picks from various analysts:

Blue-chip indices Nifty 50 and BSE Sensex posted weekly losses on Friday, dragged by financials and consumer stocks, as the RBI doused hopes of early rate cuts and forecast elevated inflation for the financial year 2025 in its policy decision on Thursday.

Stocks that were in focus included names like RVNL, which fell 8.06%, BEML, which dropped 7.69%, and Swan Energy, whose shares jumped 6.95% on Friday.

"We expect the market to turn cautious and consolidate in the near term amid key macro data to be announced and the last leg of Q3 results," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.

“On broader as well as on short-term charts, the breakout has been observed above the neckline of the Inverted Head & Shoulder pattern. Traders can buy for a target of Rs 6150 in the next 5-7 weeks,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.

The scheme of amalgamation between TRF and Tata Steel, announced in 2022, was seen unfavourable for shareholders of TRF. "The swap ratio announced at the time of the merger was not very beneficial for the minority shareholders and the shares had seen a correction then...so this is a reversal of that," said Amit Kumar Gupta, founder of Fintrekk Capital.

​​Compare that to Nvidia Corp's 46% surge or Meta Platforms's 32% gain since the beginning of the year and it's easy to see where the questions are coming from. It's by far worst performer in Magnificent Seven Index this year.

RIL Group to hold direct stake as well, invest up to $1.5 bn cash; new merged co to be arm of Viacom 18. Reliance executives are also working on a three-year capital allocation programme for all businesses to be presented shortly to the board. The proposal, as of now, is to create a step-down subsidiary of Viacom18 Media, which will absorb Star India via a stock swap, they said. Both businesses are being treated as similar-sized ones, valued at $4-5 billion each, so RIL will be paying cash for controlling stake.

The National Company Law Tribunal (NCLT) dismissed Ashdan Properties' petition against Chemhub Tradelink's approved resolution plan for Pancard Clubs, a bankrupt entity with over 1.5 million timeshare subscribers. Ashdan was one of three bidders interested in acquiring Pancard.

Oil and Natural Gas Corporation Ltd (ONGC) reported a 9.9% year-on-year (YoY) decline in consolidated net profit for the quarter ended December 2023 to Rs 10,356 crore.

The Reserve Bank of India aims to align market rates with the repo rate, but liquidity conditions have caused a disconnect. The weighted average call rate (WACR) has rarely been within 10 basis points of the repo rate. Liquidity conditions also impact government treasury bills and external loan benchmarks.

The new law under Section 43B(h) of the Income Tax Act, which mandates payment to micro and small enterprises (MSEs) within 45 days of delivery to claim deductions, is causing concern and leading to various strategies by businesses and vendors to mitigate its impact. Some companies are attempting to avoid the law's impact by sending letters to vendors without expecting responses, while others are issuing post-dated cheques or raising objections within 15 days of delivery to delay payment obligations.

Insurers have raised concerns about persistency, particularly for long-term products with premium paying terms exceeding 10 years. They fear that distributors may incentivize policyholders to surrender existing policies and switch to newer ones promising higher returns.

The Supreme Court, headed by Chief Justice DY Chandrachud, disposed of a petition filed by SAT advocates and noted that the government is taking steps for fresh appointments. Lawyers believe that the continued pendency of appeals in SAT creates legal uncertainty and does not present a healthy image internationally.

As state-owned lenders witness a on better asset quality and improved profitability, their shares have been topping the returns charts with several of them at multi-year highs, pushing behind private banks - the recent Dalal Street favourites.

In the September 2023 quarter, the government's collection of licence fees from telecom service providers rose by 8.23% year-on-year to Rs 5,326 crore, while spectrum usage charge (SUC) revenue decreased by about 40% to Rs 836 crore, as per the latest report from the Telecom Regulatory Authority of India (Trai). Despite a 1.22% decline in operators' gross revenue (GR) to Rs 82,741 crore, adjusted gross revenue (AGR) increased by 7.43% year-on-year to Rs 66,583 crore during this period.

​Nifty had resisted twice around 22,127 and is yet to surpass that hurdle where a trend reversal candlestick pattern was formed. The index has not yet negated the pattern, and negative RSI divergence is also visible in the midcap Index.

The Info Edge stock bounced back after retesting the breakout level of an inverse Head and Shoulder pattern formed on the weekly charts. The neckline of the pattern was placed above 4,900 levels. The stock closed at 5,497 on 8 February 2024.

As the third quarter earnings are about to end, inflows into the primary market are expected to continue as several companies prepare to launch their public offerings this week.

Indian markets pared losses from the previous sessions and closed higher on Friday. The S&P BSE Sensex rose 167 points while the Nifty50 closed above 21,700 levels.

There are some sectors where the macro structure is such that for one or the other reasons the overall growth is higher. This is not to say that growth comes without phases of slowdown, but when tailwinds come they are able to take care of all the slowdown and over a period of time, growth is much better. So, at times valuations are high, take exposure to stocks and sectors where at least there is high probability of growth ensuring that over a period of time, valuations get normalized. When we talk of market size it is not only India but in some cases global markets also. Second, look at business that is bound to grow as markets expand and every transaction brings in some money to the topline and industry structure is such that cost does not grow in the same proportion leading to higher and stable margins.

All superstar investors saw an increase in their net worth during the December quarter on a sequential basis. Here's a look at the numbers:

One sector which bore the brunt of the winter of capital spending was the capital goods and engineering sector. However, thanks to capital expenditure by the government, segment by segment they are making a comeback. First road and infrastructure, then defence and railways. The million dollar question is what next ? There is a high probability that not one but a host of sectors and their sub segments might be getting added to the list as private sector capex shows signs of revival. This would mean that more engineering and capital good companies would see a better order book. The only difference is that unlike railways and defence where one large order comes to be implemented over years. When orders from a pharma, chemical cement or a private sector power company comes, they tend to be smaller in size but to be implemented in a shorter time frame.

There are some sectors where the macro structure is such that for one or the other reasons the overall growth is higher. This is not to say that growth comes without phases of slowdown, but when tailwinds come they are able to take care of all the slowdown and over a period of time, growth is much better. So, at times valuations are high, take exposure to stocks and sectors where at least there is high probability of growth ensuring that over a period of time, valuations get normalized. When we talk of market size it is not only India but in some cases global markets also. Second, look at business that is bound to grow as markets expand and every transaction brings in some money to the topline and industry structure is such that cost does not grow in the same proportion leading to higher and stable margins.

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 Friday’s trading session, five stocks witnessed a build of fresh short positions. Here's the list:

One sector which bore the brunt of the winter of capital spending was the capital goods and engineering sector. However, thanks to capital expenditure by the government, segment by segment they are making a comeback. First road and infrastructure, then defence and railways. The million dollar question is what next ? There is a high probability that not one but a host of sectors and their sub segments might be getting added to the list as private sector capex shows signs of revival. This would mean that more engineering and capital good companies would see a better order book. The only difference is that unlike railways and defence where one large order comes to be implemented over years. When orders from a pharma, chemical cement or a private sector power company comes, they tend to be smaller in size but to be implemented in a shorter time frame.

A long buildup is when there is a rise in open interest and volumes along with an increase in the price of the underlying stock in the Futures and Options segment. The long buildup is the occurrence of a long (buying) trend in the share market. In Friday's trading session, five stocks witnessed a build of fresh long positions. Here's the list

Market valuation of LIC jumped Rs 86,146.47 crore to Rs 6,83,637.38 crore. The share price of LIC on Monday jumped nearly 6 per cent to hit the Rs 1,000 mark for the first time.

On the other hand, foreign investors pulled out more than Rs 3,000 crore from equities during the period under review. Before this, they withdrew a massive Rs 25,743 crore in January, data with the depositories showed. Himanshu Srivastava, Associate Director - Manager Research, Morningstar Investment Research India, attributed the outflow from equities to the uncertainty surrounding the interest rate environment, both domestically as well as globally.

A long buildup is when there is a rise in open interest and volumes along with an increase in the price of the underlying stock in the Futures and Options segment. The long buildup is the occurrence of a long (buying) trend in the share market. In Friday's trading session, five stocks witnessed a build of fresh long positions. Here's the list

Siemens, Hindalco Industries, Eicher Motors, BHEL, IRCTC, Bosch, Info Edge (India), Oil India, Prestige Estates Projects, Gujarat Gas, ITI, Deepak Nitrite, National Aluminium Company,

In the stock markets, knowing risk and managing the risks are two different things. Managing the risk is more complicated than it appears as it involves more hard work and at times going against the narrative prevailing on the street. At this point of time, valuations in the small cap segment of the market are extremely high is the risk. How many are thinking of managing it ? Now there are two ways to manage this risk. First keep your exposure low in this segment. Second, if one is still looking for an increase in exposure to small caps then put more checks and balances before buying the stock. Look at some key financial ratios and also do some hard work by reading annual reports before buying any stock. How will this hard work help in managing the risk? Higher probability of lower drawn down in a corrective phase. Yes, only higher probability. 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.

Out of the various instruments that offer a tax benefit, Equity-linked Saving Schemes (ELSS), also known as tax saving mutual funds, have gained immense popularity among taxpayers in the last decade. Individuals, as well as HUFs, can invest in ELSS or tax saving mutual funds and claim tax benefits.

​The Nifty50 started the week on an upward gap and consolidated for most of the week which led the index to close on a negative note for the week ended 9th February.

​It's worth pondering why stock prices fluctuate daily despite companies announcing their financial results quarterly. Alongside corporate announcements, macroeconomic factors and indicators significantly influence stock markets. Let's delve into their role.