The domestic mutual fund firm sold 4.5 crore shares or 0.5% stake in Zomato at Rs 138.15 a share, according to block deals data on the National Stock Exchange. As of December-end, Motilal Oswal MF held a 1.83% stake in the new-age consumer technology major. The selling exerted pressure on the stock, as it closed 4.4% down at Rs 133.40 on the NSE.

​Shares of Polycab India surged nearly 7% intraday on Monday as traders covered short positions taken in the futures and options segment of the cable-maker over the last few sessions, where it crashed by nearly a third amid reports of tax evasion.

Long unwinding refers to 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:

According to Trendlyne, these 5 stocks outperformed their industry. The counters have better durability and momentum, and they have PE lower than the industry. Take a look:

The board of directors held a meeting earlier on Monday to discuss the progress of the transaction between Affinity Holdings and Alpha GCC Holdings for segregation of the company’s GCC business.

The Steel Rebar contracts, outlined in accordance with the Exchange's Rules, Bye-Laws, and Business Rules, bring forth standardized specifications and trading parameter.

Indian equity indices hit record highs for the second consecutive session on Monday, led by information technology stocks. The S&P BSE Sensex closed 1.05% higher at 73,328, while the NSE Nifty50 index closed above the 22,050 level."Nifty on the weekly chart formed a reasonable bull candle with a long lower shadow. The bearish Doji pattern implication of last week has been nullified this week, as Nifty closed above the high of last week at 21,834 levels. The next upside level to be watched is around 22,200. Immediate support is at 21,750," said Nagaraj Shetti, senior technical research analyst at HDFC Securities.

​After breaking out of the fortnight-long consolidation phase in which the market traded in a narrow range of just 300 points, Nifty on Monday scaled the fresh peak of Mt 22,000 for the first time in history with analysts saying that the market is behaving like a mature adult bull rather than a young and raging one.

On the derivative front, the 21,700PE strike added the highest open interest. With this, the supports are now dragged to the higher levels of 21,700-21,600 and sustenance above this zone on a closing basis will aid in garnering further bullish strength, StoxBox said.

​After breaking out of the fortnight-long consolidation phase in which the market traded in a narrow range of just 300 points, Nifty on Monday scaled the fresh peak of Mt 22,000 for the first time in history with analysts saying that the market is behaving like a mature adult bull rather than a young and raging one.

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

On a month-on-month basis, the pace of redemptions spiked by 48.9% to reach Rs 38,900 crore in December taking net inflows to Rs 17,700 crore during the month. It was a marginal uptick from Rs 16,900 crore in November 2023.

Most of the banking stocks closed in the green but some selling was seen in stocks like AU Small Finance Bank, IDFC First Bank, and Axis Bank.

Benchmark Sensex closed above the 73,000 level for the first time while broader Nifty scaled the 22,000-point peak on Monday as key stock indices stayed on the record-breaking run powered by a rally in IT shares, Reliance and HDFC Bank. Rising for the fifth day in a row, the 30-share BSE Sensex jumped 759.49 points or 1.05 per cent to settle at a lifetime closing high of 73,327.94. During the day, it rallied 833.71 points or 1.14 per cent to hit an all-time intra-day peak of 73,402.16. The Nifty climbed 202.90 points or 0.93 per cent to settle at a new closing high of 22,097.45. During the day, it zoomed 221 points or 1 per cent to reach a lifetime intra-day high of 22,115.55.

Railway stocks like IRFC, RVNL, Jupiter Wagons, Titagarh Rail Systems, and Texmaco Rail & Engineering surged up to 19% ahead of Budget 2024. IRFC shares reached an all-time high of Rs 134.5 and have seen significant growth in the past month, six months, and two years. RVNL shares also hit a 52-week high of Rs 230.6 and have experienced growth. Jupiter Wagons, Titagarh Rail Systems, and Texmaco Rail & Engineering also saw an increase in stock prices.

The BSE Sensex advanced 759 points or 1.05% to settle at 73,328, while NSE Nifty surged 202 points or 0.93% to end at 22,097. Bluechip stocks Wipro and HCL Tech were the top Sensex gainers as both the companies reported better-than-expected results. HDFC Bank, Infosys, Tech Mahindra, and Bharti Airtel also closed with gains, while Bajaj Finance, Bajaj Finserv, L&T, Tata Motors, and Tata Steel settled with cuts.

Led by industry heavyweights TCS Infosys, the four key software companies, have added about $22 billion in market value in just two trading sessions since Thursday, when the Q3 earnings season kicked off. A potential revenue rebound and easing global macroeconomic worries have boosted sentiment.

The Nikkei finished the day nearly 1% higher at 35,901.73, after touching the highest since February 1990 at 36,008.23.

India's bluechip indices hit record highs for the second consecutive session on Monday, boosted by information technology stocks following better-than-expected results from HCL Tech and Wipro. Meanwhile, during this rally, six Nifty50 stocks hit new 52-week highs. Here's a list:

The new framework, effective from October 1, 2024, mandates that any investment made by an AIF after this date must be held in dematerialised form, Sebi said in a circular.

The smallcap counter has delivered multibagger returns of over 200% in the past 12 months, which is significantly higher than Nifty itself, which has delivered impressive returns of over 23% during this time.

India's stock market is poised to become the fourth-largest hub of equities, surpassing Hong Kong. Investors are eagerly awaiting for Dalal Street to produce its first $1 trillion stock. According to calculations by ICICI Securities, this milestone could be achieved by 2032. HDFC Bank, Reliance Industries, and Bajaj Finance are among the top contenders. Achieving this feat will deepen Indian markets and provide more investment opportunities.

Railway stocks like IRFC, RVNL, Jupiter Wagons, Titagarh Rail Systems, and Texmaco Rail & Engineering surged up to 19% ahead of Budget 2024. IRFC shares reached an all-time high of Rs 134.5 and have seen significant growth in the past month, six months, and two years. RVNL shares also hit a 52-week high of Rs 230.6 and have experienced growth. Jupiter Wagons, Titagarh Rail Systems, and Texmaco Rail & Engineering also saw an increase in stock prices.

In the last nine years, it has been government spending which has been at the forefront of capital expenditure. But if one goes by the recent estimates of sanctioned loans by the banks, there are indications that private sector capex which has been at the literally non-existent for quite some time might be coming back. Which sector in the capital good space will gain is a big question because capital goods and engineering is a very broad term. From a company making small machinery parts to one making a large turbine for power generation all tend to get clubbed together. But they are all different, both in their ability to perform complex tasks and the industry they are catering.

The in‐principle approval from BSE allows SpiceJet to proceed with the process of fund infusion, providing the airline with the necessary financial impetus for its growth initiatives, the company informed in its filing to the exchanges.

What is the reason for exiting the company? Ajay Gupta of Capital Foods also speaks on the remaining 25% stake, financials, instant noodles segment and more.

Ashish Kacholia has brought down his stake in ADF Foods from 1.04% held as of September 2023. Shareholding of individual investors reflects in the ‘Shareholding Pattern’ of BSE listed companies only on reaching 1% stake or above in the company.

Biocon initiates talks for potential stake sale in biosimilar arm and Syngene, as per sources. What will the funds be utilised for? From the key factors to Biocon stake sale over the years, ET NOW's Srishti Sharma is here with all the details.

ETMarkets spoke to Mayuresh Joshi, Head of Research - Equity, William O'Neil India on gold outlook, markets as well as Interim Budget 2024.

Close to 5 sessions of correction at the start of new year and then again bulls come back from holidays and take control of the market. For investors who are looking to increase their exposure to stocks, it would be better to focus on fundamentals and if there is any improvement in them that has made the overall score go up in the last one month then have a look at those stocks. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

The analysis filtered out four such stocks that more than doubled in value in over three months and are held by more than 10 mutual fund schemes.

A clutch of top domestic brokerages retained their ratings on DMart’s stock with cosmetic changes. While Motilal Oswal maintained a buy view on DMart shares, Nuvama retained a 'Hold' stance. Kotak Institutional Equities, on the other hand, reiterated a 'Sell' view.

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:

Shares of HDFC Life Insurance on Monday fell over 3% to the day's low at Rs 615 after the private insurer's APE (annual premium equivalent & VNB (value of new business) declined by 2% YoY, softer than estimates, in Q2.

Zomato block deal took place at a discount of 1%. The stock had closed at Rs 139.55 on Friday after hitting a fresh 52-week high of Rs 141.50. After hitting a 52-week low of Rs 44 on January 25, 2023, the stock has witnessed a sharp rally and delivered over 220% returns as of January 12, 2024.

Shares of state-owned Bharat Heavy Electricals (BHEL) climbed nearly 5% to hit a new 52-week high of Rs 205.6 in Monday's trade on BSE after the firm received an order worth Rs 15,000 crore from NLC in Odisha.

It is worth noting that the growth has been particularly sharp in the last decade as the awareness and acceptance of mutual funds grew manifold.

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:

The analysis filtered out four such stocks that more than doubled in value in over three months and are held by more than 10 mutual fund schemes.

Short-term traders can look to buy the stock now for a possible target of Rs 870 in the short to medium term, suggest experts.

Jefferies has maintained a hold view on HCL Technologies for a price target of Rs 1,500. The Q3 results beat estimates of Jefferies on higher-than-expected margins in the software segments while revenue beat in software offset the miss in services.

From the Sensex pack, Wipro was the top gainer, rising 10%. Tech Mahindra, HCL Tech and Infosys also rose 2-5%. On the other hand, only Bajaj Finance, Sun Pharma, Nestle, and Bajaj Finserv opened lower.

Strong focus on customer service and shopping experience have helped Aditya Vision in creating strong brand equity and a loyal customer base, which in turn, helped it in attracting more than 100 leading durable brands.

Aditya Vision is an emerging consumer durables retailer, with strong focus on customer service and shopping experience helping the company create a strong brand equity. Its aim to densify store networks in existing clusters and selectively enter new markets is set to provide long-term growth opportunities, says Sandeep Raina of Nuvama Professional Clients Group.

Wipro's shares surged 10% to reach a 52-week high of Rs 511.95 after the release of its Q3 results. The company's consolidated net profit declined by nearly 12% YoY to Rs 2,694 crore, while its consolidated revenue dropped 4.4% to Rs 22,205 crore. Brokerages like Jefferies and BofA maintained an 'Underperform' rating, while Kotak Institutional Equities recommended a 'Reduce' and Nuvama suggested a 'Hold'. Wipro's Q4 growth guidance and continued headcount declines are concerning for the company. However, the company's sustainability and improved demand commentary are encouraging factors.

Brokerage firm Jefferies maintained a hold rating on HCL Technologies and an underperform rating on Wipro post-Q3 results. Goldman Sachs maintained a buy rating on Polycab India and UBS initiated coverage on SBI Cards with a neutral rating.

Fresh highs! Sensex surges 500 points, tops 73K; Nifty scales Mt 22K for first time; Wipro surges 10%; Tech Mahindra, HCL Tech, Maruti are some of the other gainers in the morning trade.

From the Sensex pack, Wipro was the top gainer, rising 10%. Tech Mahindra, HCL Tech and Infosys also rose 2-5%. On the other hand, only Bajaj Finance, Sun Pharma, Nestle, and Bajaj Finserv opened lower.

India's blue-chip indices Nifty and Sensex hit all-time highs on Friday last week and posted weekly gains led by gains in information technology stocks. Meanwhile, a host of analysts shared their tech views on several stocks which may gain up to 22% in the near term. These stocks include L&T, Bank of Maharashtra, and Sonata Software. Here is a list of 5 tech picks from various analysts:

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 IRCTC and Infosys. Check out the targets and stoploss.