The market watchdog, the China Securities Regulatory Commission, welcomed the announcement, saying that share prices at a "historically low level" highlight their medium and long-term investment value.

The first quarter posed challenges for Indian indices with the Hindenburg research report, the hawkish Fed, and the SVB crisis. The budget sparked hope, laying a foundation for sustainable domestic growth, albeit with the removal of indexation benefits on debt instruments.

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 Tuesday's trading session, five stocks witnessed a build of fresh long positions. Here's the list:

Tata Consultancy Services (TCS) shares surged 4% to an all-time high of Rs 4,135.9 on BSE as it won a multi-year deal from Europ Assistance. The deal involves TCS helping Europ Assistance reimagine its global IT operating model. The partnership will focus on co-innovation using generative AI and other advanced technologies. TCS will leverage its proprietary solution, ignio AIOps, to enhance operational resilience and business agility for Europ Assistance. The company's market cap also crossed Rs 15 lakh crore for the first time in today's trade.

Yes Bank shares jump over 11% after RBI approves HDFC Bank's acquisition of up to 9.50% of Yes Bank's share capital or voting rights. HDFC Bank must acquire major shareholding within 1 year. HDFC Bank's aggregate holding in Yes Bank should not exceed 9.50% at all times. If the aggregate holding falls below 5%, RBI approval is required to increase it.

BSE’s operational revenue for the quarter grew by 82% to Rs 372 crore. The operating EBITDA surged to Rs 92 crore from Rs 39 crore a year ago, while the EBITDA margin expanded sharply by 600 basis points to 25%.

Short-term traders can look to buy the stock now or on marginal dips as the momentum remains strong which could take the stock towards 80 in the next 3 months, suggest experts. The public sector banking stock rose more than 25% in a week, over 30% in a month, over 50% in the last 3 months and over 100% in the last 6 months, Trendlyne data showed.

Jio Financial shares ended 14% higher on BSE on Monday following a media report stating that Jio has been in talks to buy the Paytm wallet business since November. Citing sources, the report had said as part of a larger bailout plan, Jio may offer to acquire Paytm Payments Bank.

Paytm's freefall in shares seems to have found a bottom after 3 days of selling that eroded investor wealth. Bernstein screamed buy the dip and the stock rallied 5% today. Regulatory action will impact investors' assessment of the business model risk and management's ability to handle regulatory risk. Market analyst Sanjiv Bhasin is waiting for more clarity on the Paytm fiasco.

Coal offtake for the nine months ended December stood at 552 million tonne, up 9% YoY, and it will require a steeper 22% increase in the current quarter to reach 780 million tonne offtake target for FY24.

Shares of BLS E-Services had a strong debut on Dalal Street, listing at a premium of 128.9% on BSE and 125.9% on NSE. The company's IPO received overwhelming response, with the issue being subscribed over 160 times. Analysts are optimistic about the future prospects of BLS E-Services, citing the government's focus on 'Digital India' and the company's strong financial track record.

December quarter shareholding pattern shows that MF ownership in Paytm rose from 2.79% to 4.99% quarter-on-quarter. FII holding also rose 280 bps to 63.72% while retail ownership, as defined by those with holdings up to Rs 2 lakh, went up 457 bps to 12.85%.

The company will be holding its analyst call later today and more brokerages are likely to come out with their reviews following the call.

Bernstein maintained an outperform rating on Paytm with a target price of Rs 600. After >40% decline in the last few days, the stock is once again back at the near doomsday valuations. “We would lean towards the 'buy now' camp. We see a healthy upside in our very conservative base case scenario,” said the note.

Bernstein took a brave and contra call on the troubled new-age stock to give an outperform rating with a target price of Rs 600, saying that following the sharp decline in the last few days, the stock is once again back at near doomsday valuations.

Among Sensex stocks, Power Grid, NTPC, JSW Steel, Reliance Industries, and Axis Bank opened with cuts, while HCL Tech, Bharti Airtel, TCS, UltraTech Cement, and Maruti opened with gains.

The benchmark Nifty 50 ended 0.4% down at 21771.70 points, and the Sensex closed 0.5% lower at 71731.42 points. On the other hand, the Nifty PSE index closed 2% higher at 9189.20 points.

Inflation and the U.S. presidential election will be the biggest drivers of global markets this year, while liquidity challenges are a growing focus, according to traders surveyed by JPMorgan.

Asian shares edged up on Tuesday thanks to a bounce in battered Chinese markets, although investors were cautious after a slide on Wall Street amid diminishing expectations of a near-term Federal Reserve rate cut, which in turn underpinned the dollar.

“Eicher Motors has rebounded strongly after retesting the support zone of the neckline area of the triangle pattern, offering a fresh opportunity to enter those who missed the chance earlier. Traders can buy for a target of Rs 4250 in the next 2-4 months,” Ajit Mishra, SVP - Technical Research, Religare Broking Ltd, said.

The growth in yield was chiefly contributed by robust domestic demand for travel. In the December quarter, the airline followed the strategy of increasing fares and introducing fuel charges.

According to market regulator Sebi, a primary factor contributing to the rise in unclaimed assets is incomplete nominations or unavailability of nominations. "This feeds into and impacts the consequent transmission process of the deceased/incapacitated holder of assets, making transmission an ordeal for (his/her) family."

Separately, the share of unsecured loans is expected to rise despite the central bank-mandated increase in risk weighting for such exposures. Moderation in credit growth will lead to a rise in loan to deposit ratios compared with March 2023 levels.

In an interview aired on Sunday, Powell said more evidence on a sustainable downtrend in inflation was needed to warrant lower rates, while Minneapolis Fed President Neel Kashkari wrote in an essay published on Monday that a resilient economy could defer rate cuts for some time.

Investors are paying close attention to the contrasting trajectories of two of Asia’s greatest powers. India, the world’s fastest-growing major economy, has vastly expanded infrastructure under Prime Minister Narendra Modi in his bid to lure global capital and supply lines away from Beijing. China, on the other hand, is grappling with chronic economic woes and a widening rift with the Western-led order.

The stark underperformance suggests investors are throwing in the towel on small-cap shares out of belief that policy support will be focused on rescuing blue-chip stocks.

The group - comprised of Apple Inc., Microsoft Corp., Nvidia Corp., Alphabet Inc., Amazon.com Inc., Meta Platforms Inc. and Tesla Inc. - doubled in value in 2023, outperforming the broader Nasdaq 100 Index's 54% rise. The majority extended gains this year - with the exception of Tesla and Apple.

FSN E-commerce is slated to release its quarterly earnings, and the omnichannel retailer is expected to report strong numbers amid robust demand for beauty products in the festival and wedding season.

A study based on demat account openings by women sourced from firms including Zerodha, Kotak Securities, Sharekhan, HDFC Securities, and IIFL Securities indicates a broader decline in the rate of demat account openings among women in 2023 when compared to the preceding three years. The exception to this pattern has been women in the age group of 20-30 years.

In October 2022, Ambuja Cements issued warrants totalling ₹20,000 crore to the Adanis on a preferential basis at ₹418.8 per share. The company received ₹5,000 crore, or 25%, of the warrant issue as the mandatory upfront payment.

An analysis of the weighted average call rate (WACR) shows that the key overnight market rate has been much higher than the repo rate was during the phase of rate hikes and stance of calibrated tightening that the central bank had adopted in 2018.

While the existing bullish momentum in PSU shares is helping LIC move up further, analysts said the company's product launches have rekindled investor interest.

The stock rose over 7% in a week and more than 16% in the last three months, Trendlyne data showed. It took support above the 200-DMA on the daily charts and neckline or the support area of a Triangle pattern on the weekly charts, which suggests that a potential technical bounce back can be on the cards.

In a statement Monday, the China Securities Regulatory Commission said it recently discovered multiple cases of stock market manipulation and “malicious short selling.” The regulator vowed to act quickly to stop illegal behavior that hinders stable stock market operations and hurts investors.

It was asked by stock exchange BSE to comment on reports stating that the NBFC is in talks with One 97 to acquire the wallet business.

In an interview aired on Sunday, Powell said more evidence on a sustainable downtrend in inflation was needed to warrant lower rates, while Minneapolis Fed President Neel Kashkari wrote in an essay published on Monday that a resilient economy could defer rate cuts for some time.

A boom following the lifting of pandemic curbs in China never materialized and recent results have indicated mixed luxury demand. While companies like LVMH and Richemont have posted strong sales growth, others like Burberry have flagged a sluggish rebound.

In July 2023, the country’s largest life insurer paid a dividend of Rs 3 a share. On Monday, shares of LIC ended 5.3% higher on the National Stock Exchange at Rs 995.75. Intraday, shares of the insurance major had rallied close to 9% to hit an all-time high of Rs 1,028. Its market capitalisation topped the Rs 6-lakh crore mark, making it India's most valued PSU by beating the State Bank of India.

​ Caterpillar beat estimates with a double-digit jump in operating profit on Monday to send its shares to a record high buoyed by mining equipment sales and higher prices across its machinery divisions.

Nvidia's shares scaled a new peak on Monday after Goldman Sachs raised its price target for the high-flying chipmaker's stock in anticipation of a major boost to its earnings from the artificial intelligence (AI) boom.

Benchmark Sensex fell back by 354 points on Monday due to selling in index major Reliance Industries, Bharti Airtel and Maruti amid weak trends from Asian and European markets. During the day, it hit a high of 72,385.93 and a low of 71,602.14.The Nifty fell by 82.10 points or 0.38% to close at 21,771.70. Sensex and Nifty has gained around 0.7% in the previous session.After a flat opening, benchmark indices moved in a narrow range before a sharp fall in the final hour. FMCG, telecom, financials and IT shares were on the back while pharma, auto and energy shares advanced."Present weakness is unlikely to damage the near-term uptrend status of the market and one may expect chances of upside bounce from the lower levels. Immediate support to be watched around 21,600-21,500 levels," said Nagaraj Shetti, HDFC Securities.Here are 5 stock recommendations for Tuesday:

The projected fiscal deficit of 5.8% for the current fiscal and 5.1% for FY25 aligns with the government's chosen policy trajectory, maintaining a positive outlook. This path reflects the government's emphasis on policy continuity, encompassing both taxation and spending decisions made over the preceding 12 months.

The Dow Jones Industrial Average fell 107.65 points, or 0.28%, at the open to 38,546.77.

Describing the musical as a tribute born out of admiration for MOFSL’s pioneering spirit and dedication to research-backed advisory, he said both the founders’ unwavering commitment to wealth creation for their clients through equity advisory has been a driving force behind this musical.

Sectorally, selling was seen in telecom, consumer durables, capital goods, and FMCG stocks while oil & gas, energy, healthcare, and metal stocks saw some buying.

Short covering refers to the buying of shares to close an existing short position or a position that has been sold. Short covering signals a shift in the view of a security from extreme bearishness to bullishness. In Monday's trading session, five stocks saw top short covering. Here's the list:

Present weakness is unlikely to damage the near-term uptrend status of the market and one may expect chances of an upside bounce from the lower levels. Immediate support is to be watched around 21,600-21,500 levels, said Nagaraj Shetti of HDFC Securities.

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

Both railways and defence related stocks are examples of what happens when a sector catches the fancy of the street. Once that happens, no questions are asked about valuations, market size or for that matter anything else, just mad rush to own them. It is not the first time this is happening, right from IT stocks in 2000 to infrastructure stocks in 2008, many sectors have witnessed such moves before they corrected and valuations come in the zone of sanity. One sector which had caught fancy of the street between 2016 and 2020 was consumer electrical space. All the stocks witnessed strong re-rating and became multibagger. However in the last four years, they have gone through a phase of valuation sanity check as they faced many headwinds. Have the stock prices, priced in the worst of news and time to bring them back on the watch list.

From the Sensex pack, Bajaj Finance and Bharti Airtel were the top laggards, falling over 3% each. Maruti, Bajaj Finserv, HCL Tech, and Titan also closed with cuts, while Tata Motors, Sun Pharma, Power Grid, and M&M closed with gains.