​CRISIL has upgraded Adani Power (APL) stock’s rating by two notches to AA-/Stable, a company release said on Monday. The upgrade comes on the back of the company's operational excellence and prudent financial discipline, the release said.

The stock fell to the day's low of Rs 430 after hitting a new 52-week high of Rs 459 on Monday. Apart from Kacholia, the Mansukhani family-promoted company allotted shares to RBA & Finance Investment Company and a dozen mutual funds.

The blue-chip CSI300 Index lost as much as 2.1% before ending up 0.7%, near levels last seen in 2019. The Shanghai Composite Index lost 1%, its sixth straight session of decline.

Fino Payments Bank shares, which competes with Paytm, hit the 20% upper circuit limit at Rs 372.30. Jio Financial or JFSL shares rallied 16% to hit a fresh high of Rs 295 after a newspaper reported that One 97 Communications is in talks with Jio to sell the Paytm wallet business.

The Nifty Oil & Gas index hit a fresh 52-week high for the second session in a row. It hit a peak of 11,368.30 as 9 out of 15 stocks in the index were trading in the green.

India's stock markets have become the fourth largest in the world, overtaking Hong Kong's, as investors flock to a fast-growing alternative to China's floundering stock indexes. As the country heads for elections this year, India continues to attract foreign investors, who have a number of ways to invest in the country.

Indian shares were mixed on Monday as gains in Tata Motors and oil-related stocks were hit by a drop in financials. Meanwhile, in today's trade, six Nifty50 stocks hit a new 52-week high. Here's a list:

Delivery Hero gained 2.8% after the German online takeaway food company posted an above-guidance core profit for 2023, driven by healthy order growth.

Fintech major Paytm has been facing an existential crisis ever since the RBI barred the payment bank from accepting any deposits or credits to customer accounts. The regulator is also said to be considering cancelling the banking licence as well on possible money laundering and know-your-customer (KYC) violations at Paytm.

Japan's Nikkei share average rose on Monday, buoyed by a weaker yen and gains on Wall Street at the end of last week.

Among foreign brokerages, Jefferies and Nomura have reiterated their buy stance on SBI stock while in the domestic pack, Kotak Institutional Equities and Nuvama retained their buy views.

shares of Life Insurance Corporation of India (LIC) have jumped over 10% in the last week and 66% in the last 3 months. With its market capitalisation well above the Rs 6 lakh crore mark, the stock is India's most valued PSU by beating SBI. The latest round of buying the heavyweight counter comes after brokerages upgraded the counter with buy calls.

Many investors closely track the investments of superstar investors like Rekha Jhunjhunwala, Ashish Kacholia, Sunil Singhania, and Vijay Kedia for valuable market insights. Each investor’s public portfolio reflects their unique investing style and their preferred approaches. Rare Enterprises leans towards textiles, apparel and accessories stocks, while Sunil Singhania and Porinju Veliyath favour software and services. Here's a breakdown of the dominant sectors in each investor’s portfolio. (Source: Trendlyne)

Fintech major Paytm has been facing an existential crisis ever since the RBI barred the payment bank from accepting any deposits or credits to customer accounts. The regulator is also said to be considering cancelling the banking licence as well on possible money laundering and know-your-customer (KYC) violations at Paytm.

Investors waiting on the sidelines should rethink their strategy because the momentum is likely to continue barring a few dips. “Empirically, in the general election year, Nifty tends to bottom out in Feb-March, followed by a minimum 14% rally towards the election outcome in each of seven instances over the past three decades,” ICICIdirect said in a report.

Overall defence budget as a percentage of GDP is at ~1.5% and to make India self-reliant in defence, the budget allocation should be higher than its current levels of 1.5% of GDP.

Fintech major Paytm has been facing an existential crisis ever since the RBI barred the payment bank from accepting any deposits or credits to customer accounts. The regulator is also said to be considering cancelling the banking licence as well on possible money laundering and know-your-customer (KYC) violations at Paytm.

More volatility is in store since there are inherent fundamental strengths that can support the market along with potential negative triggers that can pull the market sharply down.

Britannia Q3 Results Preview: The company is seen reporting a moderate 1.2% year-on-year (YoY) growth in consolidated revenue for the December quarter due to flat growth in volumes, according to the average of estimates given by 10 brokerage firms.

DLF stock hit a record high of Rs 815 on 15th January 2024 but failed to hold the momentum. The stock found support above 730 levels and bounced back.

Domestic brokerage Nuvama retained its 'Buy' rating on IndiGo with a target price of Rs 3,774. "IndiGo posted Q3FY24 EBITDAR of INR55bn (+61% YoY/2.2x QoQ), 22% above estimate. Growth is attributable to strong capacity addition, low ATF cost, and rise in yields, partially offset by the grounding of aircraft," Nuvama said.

Now, with the early signs of such a turn, the media could be one of the few undervalued pockets in this otherwise expensive market that offers potential for alpha creation for investors.

After strong buying in November and December of 2023, foreign institutional investors (FIIs) turned net sellers in January, weighed down by a firm dollar and a rise in global bond yields. While in the first two trading days of February, they were net buyers, it’s too early to conclude that they have made a comeback.

Tata Motors shares surged over 7% to a record high after better-than-expected Q3FY24 earnings. The company's consolidated net profit increased 2.4 times YoY to Rs 7,025 crore. International brokerages CLSA, Macquarie, and Goldman Sachs raised their price targets. CLSA highlighted the strong performance of the Jaguar Land Rover segment. Macquarie noted the improvement in margins for JLR and domestic PV. Goldman Sachs mentioned the positive impact of better realisation and new models. Nuvama downgraded the stock due to limited upside potential and moderating volume outlook.

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

CLSA maintained a buy rating on Tata Motors but raised the target price to Rs 1061 from Rs 955 earlier.

The blue-chip CSI300 Index tumbled as much as 2.1% to refresh a five-year low, while the Shanghai Composite Index slumped as much as 3.5%, after tumbling 6.2% last week.

Megatherm Induction's shares listed with a 108.3% premium on the NSE SME platform, debuting at Rs 220 compared to the issue price of Rs 108. The IPO was a fresh equity issue of Rs 54 crore, funding the construction of factory shed, working capital requirements, and general corporate purposes. Megatherm Induction manufactures induction heating and melting products, including electric arc furnaces for alloys and special steel making industries. They also provide turnkey solutions for steel plants and have a strong presence in the secondary steel sector.

Major paper companies have entered the next phase of expansion due to high-capacity utilization and strong balance sheet position, which provides good upside potential to the stock from FY26-27 perspective, says Sandeep Raina of Nuvama Professional Clients Group.

The packaging paper market has shown consistent capacity growth from FY18 to FY23, with an additional 2 lakh metric tonnes and another 4 lakh metric tonnes anticipated to be added over the next 2-3 years.

Harshdeep Hortico's shares debuted on the BSE SME platform at a premium of 55.5% compared to the issue price of Rs 45. The IPO, which raised Rs 19.09 crore through the issuance of 42.4 lakh equity shares, was oversubscribed 130 times due to strong demand from institutional and non-institutional investors. The company plans to use the net proceeds for debt repayment, working capital requirements, and general corporate purposes.

Shares of Mayank Cattle Food listed with a premium of 7.4% on the BSE SME platform on Monday. The stock debuted at Rs 116 as against an issue price of Rs 108. The IPO of Mayank Cattle was subscribed 8 times at close. The company operates a manufacturing facility with a production capacity of 22,896 MT per annum of maize oil and 45,792 MT per annum of maize cake. The global animal feed market is expected to grow at a CAGR of 3.3%.

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:

Tata Motors reported December quarter earnings with the consolidated profit surging 2.4 times year-on-year to Rs 7,025 crore. The bottomline was way higher than an ETNow poll of Rs 4,660 crore. Consolidated revenue from operations increased by 25% YoY to Rs 1.11 lakh crore.

After two weeks of corrective phase, India's benchmark indices edged higher last week on the back of a capex-heavy Budget and buying in heavyweight stocks. In the upcoming week, all eyes will be on the RBI monetary policy outcome, which will provide some cues for the market going forward.In this setup, here are 10 stocks that you can consider buying in the last week of 2023 for an upside up to 36%:

In the 30-pack Sensex, 15 stocks were in the green. The top gainers were Tata Motors, Mahindra & Mahindra, Tata Steel, Sun Pharmaceuticals and JSW Steel while the top losers were State Bank of India (SBI), ICICI Bank, Kotak Mahindra Bank, Reliance Industries and HDFC Bank.​​

Shares of Paytm fell 10% due to regulatory crisis and investigation by the Directorate of Enforcement. The stock has lost 42.4% of its value in the last 3 trading sessions. Experts advise against bottom fishing. Paytm Payments Bank faces an existential crisis due to RBI's ban. Paytm has been under ED investigation since 2021 for alleged money laundering and illegal betting.

Nifty started strong and fought off profit-takers. It ended with a gain.

India's $4 trillion stock market is pulling in billions of dollars of domestic and foreign money as investors flock to a fast-growing alternative to China, brushing aside risks around overpriced shares, upcoming elections and regulatory uncertainty.

Asian shares fell on Monday and the dollar climbed after a robust U.S. jobs report dashed any expectations of a near-term interest rate cut from the Federal Reserve, while stocks in China stocks remained on the back foot on weak sentiment.

Foreign portfolio investors net bought shares worth Rs 70 crore on Friday. DIIs, meanwhile, were net buyers at Rs 2,463 crore.

“SAIL stock price has been consistently maintaining its bullish trend and can be seen trading in a rising channel with the formation of higher low patterns on daily and weekly intervals. Traders can buy for a target of Rs 142-145 in the next 6-7 weeks,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.

Paytm parent One 97 Communications said in a stock exchange filing late Sunday that it denies any investigation by the Enforcement Directorate on the parent entity, it associates and/or its founder & CEO for anti-money laundering activities.

Following the RBI's order barring Paytm Payments Bank from offering banking services after February, a debate over implementing a 30% market share cap for unified payments interface platforms has been reignited.

The operating profit of the JLR surged 5.12 percentage points on a YoY basis to 8.8% in December quarter, taking the nine-month margin to 8.2%, driven by increasing volume that helped it accrue benefits of operating leverage, better product mix and tailwinds of moderating raw material prices.

RBI MPC Meet: The 12 respondents unanimously predicted that the Monetary Policy Committee (MPC) would keep the repo rate unchanged at 6.50% at the end of its February 8 meeting. They said the panel will maintain the status quo on rates for the sixth consecutive time. The repo rate is the rate at which the RBI lends funds to banks.

​Chart patterns suggest the 10-20 day exponential moving average (EMA) zone of 21,580-21,630 will act as a strong support going forward. Until spot Nifty holds 21,580, we may witness the continuation of the current momentum up to levels of 22,100-22,150.

It has been improving the share of secured loans in the loan book over the past few years. Its loan book is spread across multiple states with a lesser geographical concentration. Given these factors and a reasonable valuation, investors with a long-term view may consider the IPO.

For the six-month period ended September 2023, the company earned 48.5% of its total revenue from rooms and 26.5% from the food and beverages segment. The sale of wine and liquor along with food and beverages together accounted for 42.11% of the total income during the period.

Shares of Airtel, Varun Beverages, Ashok Leyland, Linde India and BSE will be in focus as the companies announce their third quarter results.