In a display of robust momentum, several Nifty 50 stocks proved their mettle as they crossed their 50-day Simple Moving Average (SMA) on November 6. This achievement reflects the strength and potential of these companies, paving the way for further success.

Post the debut, analysts advised investors to book profits in Mamaearth notwithstanding the company's strong brand presence in the Indian BPC market. In their view, most issues with premium valuations struggled to deliver after the listing.

The BSE benchmark Sensex fell 16 points or 0.03% to settle at 64,942, while the NSE Nifty dropped 5 points or 0.03% to end at 19,406. Among sectors, Nifty Pharma surged 1.3% and was the top sectoral gainer, while Nifty Healthcare surged 1%. Nifty Bank, FMCG, Metal, and Oil & Gas also ended higher. On the other hand, Nifty Auto, Media, Realty, and Consumer Durables closed in the red.

Large cap stocks displayed remarkable strength and growth as several prominent companies surged past their 100-day Simple Moving Average (SMA) on November 6, underlining their resilience and potential for further market success.

The Nifty 200 stocks displayed remarkable resilience and upward momentum as several prominent companies surged past their 200-day Simple Moving Average (SMA) on November 6. This achievement underscores their potential for continued growth in the market.

The trend in order inflow and project execution for leading capital goods companies remains encouraging. India’s largest infrastructure company L&T met two-third of its order inflow guidance for FY24 in the first six months. Its order prospects for the second half of the year grew by 39%.

Stock market enthusiasts often rely on tools like the Relative Strength Index (RSI) to gauge stock movements. On November 6, Tuesday, StockEdge revealed 12 stocks with declining RSI, and ETMarkets scrutinizes 5 of these to shed light on the importance of RSI in stock analysis.

UBS Group posted a $785 million loss in the third quarter, while signalling that its core wealth business is stabilising. The stock was up 4.3%, aiding a 1% rise in the financial services sector index.

On November 7, Tuesday, Trendlyne reported over 40 Nifty stocks experiencing the Golden Crossover. ETMarkets zeroes in on 5 of these stocks, unraveling the significance of this pattern and why it's crucial for investors to grasp its implications.

Overbought conditions can be a signal for investors, and the Relative Strength Index (RSI) is a crucial tool to gauge them. On November 6, Tuesday, StockEdge flagged 12 stocks in overbought zones, and ETMarkets investigates 5 of them to understand RSI's significance in assessing stock movements.

Benchmark equity indices Sensex and Nifty50 opened nearly 0.3% lower on Tuesday, dragged by banking, financial, and IT stocks. However, during this decline, 6 large and midcap stocks managed to hit new all-time highs. Here's a list:

Venky's (India) posted a profit despite a decline in its year-on-year (YoY) revenue to Rs 912.60 crore for the reporting quarter. The revenue in Q2FY23 stood at Rs 959.03 crore.

The benchmark Nifty50 is expected to scale 21,000-mark by the next Diwali, according to over 56% of the 16 respondents who participated in the survey conducted by ETMarkets on what the new year for Dalal Street will look like.

The textile major will issue up to Rs 3,300 crore non-convertible redeemable preference shares of face value Re 1 each in one or more tranches, on a private placement basis, it said in an exchange filing.

PSU banks have been performing well on the street for the last more than one year. Even in the correction which the market saw last in the last couple of weeks, PSU banking stocks are amongst the first to rebound when there is any sort of recovery in the market. The reaction of the street to their Q2 earnings is also indicative of underlying hope in the sector. But the whole operating landscape of each PSU bank is very different, right from the exposure to particular sectors and industrial groups to the geographical region in which they are operating. So while they are called as one PSU space, each of them probably will have its own journey. So should you be selective in looking at them or buy them as a basket?

If one looks at the recommendations of analysts, it appears that all of sudden they are finding everything wrong with IT stocks. Of the ten stocks, only two are buy and one stocks which till few quarters back was considered a must have in a portfolio is now having a sell reco. What has changed so dramatically, has it been any fundamental development or it is readjustment of the valuations. Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores.

The Nifty50 opened higher on Friday by about 120 points at 19,254. During this rally, 6 large and midcap stocks managed to hit new 52-week highs. Here's a list:

The Relative Strength Index (RSI) is a key indicator that investors rely on for insights into stock movements. On November 6, Tuesday, StockEdge unveiled over 60 stocks trending up, and ETMarkets delves into 5 of these stocks to understand the importance of RSI and how it can guide investment choices.

On Tuesday, the board approved the buyback of fully paid up equity shares with face value of Rs 10 per share from the open market through stock exchanges.

As the market moves from clearly bullish mode to volatile mode with a bearish bias, there will be readjustment in valuation across markets. Over the next few weeks both domestic and international news flow have a high probability of making broader market indices move sharply in either direction. Stocks from different sectors are making to the list, this week, stocks from Oil refining and marketing, private banks, insurance, auto ancillary and fertilizer space. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". The screener applies different algorithms for all BSE and NSE stocks.

Prashanth Tapse, Sr. VP Research Analyst at Mehta Equities, reflects on India's performance in the face of global challenges and shares key takeaways from the past year or Samvat 2079.

Meanwhile, the company's earnings before interest, taxes, depreciation and amortization (EBITDA) came in at Rs 320.5 crore, up from Rs 297 crore in the year-ago period.

On Tuesday, the board approved the buyback of fully paid up equity shares with face value of Rs 10 per share from the open market through stock exchanges.

Reliance Securities has come out with a list of ten stocks this Diwali for Samvat 2080 based on its assessment of markets and outlook. These stocks are from sectors like banking, auto, and IT. "We believe every decline in the market is likely to present a good opportunity as strong earnings rollover to FY26E will make the markets more attractive compared to the long-term averages, setting the goal post for NIFTY50 to scale to 22000+ over the next one year," Reliance Securities said.Here are 10 stock recommendations from Reliance Securities:

Among Nifty constituents, 22 stocks have witnessed a long build-up and 23 stocks have witnessed a short-covering rally. While 4 stocks have witnessed short build-up and 1 stock saw long unwinding.

You have to do this consciously and ruthlessly, even if you are kicking and screaming inside - and let me tell you, your insides will be resisting every bit of it.

If one were to look at the last two years performance of mid-cap segment or indices despite the recent corrections, it has been better than most indices. In the last few days of recovery post the sharp sell off in late October, mid-cap stocks have been making an attempt to move upward and overall basis even in Tuesday trading session they have been able to hold their head above water. Stocks from sectors like small finance banks, oil refinery and housing finance companies are on the list. 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.

Ekta Mehta, portfolio manager, Karma Capital shares the firm’s investment philosophy that helped give index-beating returns to clients across strategies.

The EBITDA in the quarter under review rose 92.7% to Rs 121.1 crore from Rs 62.8 crore in the same quarter last year. The margin was up to 7.5% in the June-September period as against 4.6% in the same quarter a year ago.

In January 2022, SEBI, through its interim order had barred 14 entities from indulging in insider trading and ordered impounding ill-gotten gains of Rs 2.94 crore in the matter. Later, the directions were confirmed by Sebi in May 2022.

The Futures Short Position Scan conducted on the previous trading session i.e. November 6, suggested that Aggressive New Short Positions were taken on the several large-cap stocks. This is a bearish indicator that shows the futures OI has increased while the price has decreased. (Source: StockEdge)

Through the Futures Long Position Scan, it has been revealed that Aggressive New Long positions were taken on some of the Nifty50 stocks on the previous trading session i.e. November 6. This indicates a bullish sentiment in these counters as the average traded and delivered quantity for 5 days, the cumulative open interest, and the price of the stocks have increased. (Source: StockEdge)

Data shared by the National Securities Depository Ltd (NSDL), showed that eight major sectors saw high selling by FPIs, with financial services bearing most of the brunt of it.

The stock rose from Rs 3910 registered on 27 October to Rs 4335 which is the intraday record high as of 6 November translating into an upside of over 10% in a week.

Nifty opened with a gain but lost some energy in the morning itself. But it gained steam to move higher.

In the domestic pack, Nuvama maintained a buy view while Kotak Institutional Equities recommended an 'Add'.

Tata Motors swung to a profit in the quarter at the consolidated level, driven by the stellar show of both Indian operations and JLR.What impressed analysts particularly was the margin performance of Tata Motors, which continued to beat consensus expectations, and JLR’s decision to upgrade the profitability guidance for FY24.

Among Sensex stocks, Power Grid Corp, ICICI Bank, HDFC Bank, Asian Paints, and Bharti Airtel opened in the red, while Bajaj Finserv, Nestle, Bajaj Finance, and HCL Tech opened with gains.

Following weakness from Asian peers, benchmark equity indices opened lower on Tuesday after rising for three sessions in a row, dragged by banking, financial, and IT stocks.The BSE Sensex was trading 196 points or 0.30% lower at 64,762. Nifty50 was trading at 19,357, down 54 points or 0.28% at around 9.19 am.

Data shared by the National Securities Depository Ltd (NSDL), showed that eight major sectors saw high selling by FPIs, with financial services bearing most of the brunt of it.

In the domestic pack, Nuvama maintained a buy view while Kotak Institutional Equities recommended an 'Add'.

Despite high valuations and mixed views from analysts, Mamaearth IPO was subscribed 7.6 times at close, led by strong interest from institutional investors. Analysts said most issues with high valuations in the recent past have struggled to deliver post listing. The company is valued at Rs 10,425 crore in the post-issue market cap.

The benchmark NSE Nifty 50 Index has climbed in the six months leading to the vote in each of the past five elections, posting an average 16% return during the period, data compiled by Bloomberg show. Gains in the three months after the polls have averaged more than 3%.

Over five dozen stocks are trading with momentum indicator RSI trending up. ETMarkets has picked five stocks in this pack to give insights about their movement trends on November 6, Monday, ahead of the market opening today. RSI or the relative strength index computes the ratio of the recent upward traction in the stock price movement relative to its absolute price movement. The RSI value ranges between 0 and 100. Herein the StockEdge data takes into consideration the time period of 14 days to compute RSI. Furthermore, RSI also enables an understanding of the stock’s overvalued or oversold state. (Source: StockEdge)

CLSA downgraded Bharat Forge to sell and Morgan Stanley maintained an overweight rating on Nykaa.

In the next three months, a total of 44 companies are slated to have their pre-listing shareholder lock-ins lifted amounting to $19.34 billion. Here's a look at companies whose share lock-ins for two years and beyond are set to expire soon. Source: Nuvama

India VIX was up by 2.04% from 10.88 to 11.10 levels on Monday. Volatility was slightly on the rise but created momentum in the index.

Between Navratri and Diwali, bank stocks have given positive returns 7 out of 10 times, auto 8 out of 10 times and consumer durables 9 out of 10 times.

GIFT Nifty on the NSE IX traded 16.5 points, or 0.08 per cent, lower at 19,463.5, signaling that Dalal Street was headed for muted start on Tuesday. Here's a slew of stocks that will be in focus today for various reasons.

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 ICICI BANK and POLYCAB, while CA.Rudramurthy has a buy/sell recommendation on BHEL and MANAPPURAM FIN for today's trading session. Check out the targets and stoploss.