The U.S. Federal Reserve left interest rates on hold last week and a benign jobs report on Friday reinforced wagers that there may not be any more U.S. hikes in this cycle.

"The economy has proved to be really resilient even though we've raised interest rates a lot over the past couple of years. That's good news," Kashkari said in an interview on the Fox News television channel.

Stocks that were in focus included names like IndiGo, which gained 1.94%, Nykaa, which jumped 5.06%, and JK Cement, whose shares increased 8.67% on Monday.

The net short position of FIIs reduced from Rs 1.75 lakh crore on Thursday to Rs 1.62 lakh crore on Friday.

Bajaj Finance has launched the share sale programme to qualified institutional buyers on Monday, and the floor price for the same has been set at Rs 7,533.81 a share.

“We can see that the CDSL stock recently gave a breakout by displaying a bullish kicker candle on the daily chart indicating strength with upside potential. Traders can buy the stock for a target of Rs 1640-1650 in the next 4 weeks,” Jay Patel, Research Head at Investmentor Securities Limited, said.

This optimism on the stock is largely linked to the changing business dynamics in the sector. For the coming quarters, the earnings prospects of India's hotel industry look quite bright. This is because of favourable demand-supply dynamics. The supply of hotels is expected to be weak while the demand for rooms is likely to improve further.

Last month, the non-bank lender said it intended to raise 10,000 crore, of which 8,800 crore will be raised through a share sale to institutional investors, and another 1,200 crore to the promoter company.

IL&FS had plans to transfer around a dozen road assets to the InvIT, Roadstar Infra Investment Trust (RIIT). While it has already transferred five of the assets, the transfer of another five is delayed due to legal challenges by lenders and other issues. The process of transferring one asset is progressing, while it has excluded another from the process.

BSE's Sensex gained 594.91 points, or 0.92%, to close at 64,958. NSE's Nifty rose 181 points or 0.94% to end at 19,411.

India now has a weighting of 15.5% on the MSCI Emerging Market Index (EM), compared with 15.11% for Taiwan. India's weighting has climbed from 12.97% end-January, when Taiwan's weighting was 14.42%.

The food delivery platform's shares ended nearly 6% higher at ₹123.30 on the NSE, after analysts raised the target price for its shares by as much as 40%. It also helped the company cross the ₹1 lakh crore mark in market capitalisation.

"We believe 2024 will beckon a shift in investment direction away from agrochemicals. Incumbents will explore new products and markets as the industry retools beyond crop solutions, including, but not limited to, opportunities within the clean energy ecosystem," said the brokerage.

The average price target on State Bank of India of all analysts compiled by Bloomberg following the second quarter results is at ₹715.11, implying an upside of 24.5% over Monday's closing.

The stock rose from Rs 1,216 recorded on 3 August 2023 to Rs 1560 as on 3 November 2023, which translates into an upside of about 30% in the last 3 months. It bounced back sharply after hitting a low of Rs 880 in March 2023 and has rallied over 70% since then. The recent rally has pushed the stock above a 1-year consolidation pattern, which signals that bulls have taken control.

In the recent years, Bumble, which counts Friends, Badoo, Fruitz (for Gen Z) and Official in its portfolio of dating services, has faced pressure to grow due to unrest in some markets like the Eastern Europe and competition from larger rival Match.

The economic-data calendar for this week is light, with weekly jobless claims numbers due on Thursday and University of Michigan’s consumer sentiment report on Friday. Walt Disney, Instacart and Biogen are among major companies reporting earnings this week. A total of 403 companies in the S&P 500 have reported profits to date in the third quarter, with 81.6% surpassing analyst estimates, per LSEG data.

Indian equity indices ended higher for the third consecutive session on Monday, led by banking, financial and IT stocks. The S&P BSE Sensex closed 0.9% higher at 64,958, while the NSE Nifty 50 index ended above the 19,400 level."The immediate resistance of 18,250 has been taken out sharply on the upside on Monday and the market is now advancing towards the next overhead resistance of around 19,550-19,600 levels in the short term. Immediate support is placed at 19,320 levels," said Nagaraj Shetti of HDFC Securities.Here are the 7 stock recommendations for Tuesday:

The Dow Jones Industrial Average rose 31.29 points, or 0.09%, at the open to 34,092.61

Brokerage firm Prabhudas Lilladher is bullish on 6 mid & smallcap stocks, which can deliver up to 39% returns in near term. Here’s the list:

Last month, the non-bank finance major received board approval for raising up to Rs 10,000 crore through qualified institutional placement issue and convertible warrants. The company plans to raise up to Rs 8,800 crore through the QIP issue, and Rs 1,200 crore via convertible warrants issue to promoter Bajaj Finserv.

Analysts believe the premium listing is justified on the back of reasonable IPO valuations, following a strong product demand, financial track record and reputed brand presence.

Sectorally, buying was seen in capital goods, metals, utilities and oil & gas while consumer durable stocks saw some selloff.

The Long-Short ratio has improved drastically from 12.30% on 27 October to 17.68% on November 3 as the Foreign Portfolio Investors (FPIs) marginally trimmed their short exposure in Index futures. Nifty has given a higher close for three consecutive days now.

In a display of strength and resilience, several major stocks surged past their 200-day Simple Moving Average (SMA) on November 3. This accomplishment signifies their robust performance and potential for further growth.

Surpassing the 100-day SMA is often considered a positive sign of a stock's resilience and potential for further growth.

Changes in a company’s promoter holdings offer crucial signals for investors. When promoters buy shares, it can indicate their confidence in the business, a positive sign for investors. Here's a look at companies that saw the highest sequential increase in promoter holding in the September quarter. (Source: Trendlyne)

Two early investors in Honasa Consumer, which runs Mamaearth, are poised to make a mind-boggling return of over 9,900% when the Rs 1,700-crore IPO lists on stock exchanges on November 07. Snapdeal co-founders Kunal Bahl and Rohit Kumar Bansal are among the two sharks who acquired stakes in the digital-first beauty and personal care company Mamaearth. Here's all you need to know.

Ahead of the debut, the company's shares are fetching a premium of Rs 22 in the unlisted market. Considering the upper price band of Rs 324, the stock is likely to start trading with a 10% premium to the issue price.

Sensex soars 595 points on gains in L&T, banks; Nifty above 19,400; Inox Wind surges 11%, JK Cement 8%; L&T, Axis Bank, Tata Steel are some of the gainers in the closing trade.

Stocks in the overbought zone can be both intriguing and challenging. On November 3, Friday, data from StockEdge identified 14 such stocks. We've carefully selected 5 of them for a closer look in this article. Dive into the significance of Relative Strength Index (RSI) and how it helps assess stock movement while exploring these overbought gems.

The stock market experienced significant activity as several smallcap stocks reached new all-time highs on November 6. As per data available on StockEdge, five smallcap stocks hit their all-time high in Monday's trade, which includes Jindal Saw and Kalyan Jewellers. Here is a list:

Keeping tabs on the Relative Strength Index (RSI) can reveal much about a stock's potential movement. On November 3, Friday, StockEdge detected 14 stocks with RSI trending down. In this article, we zoom in on 5 of these stocks to understand the significance of RSI and how it can guide investment decisions.

The 30-share BSE benchmark Sensex advanced 595 points or 0.92% to settle at 64,958. The broader NSE Nifty surged 181 points or 0.94% to end at 19,411. From the Sensex pack, L&T and Axis Bank were the top gainers, rising over 2% each. Power Grid, Bajaj Finance, Tata Steel, and Asian Paints also closed with gains, while only SBI, HUL, Tata Motors, and Titan closed with cuts.

Investors, listen up! On November 3, Friday, StockEdge flagged over 50 stocks trending up, and ETMarkets has handpicked five of them for you. In this article, we'll dive into the world of Relative Strength Index (RSI), why it's a pivotal indicator, and how these stocks are riding the momentum wave to potential success.

In a recent interview with ETMarkets, Sonam Srivastava, Founder and Fund Manager at Wright Research, PMS, provides insights into the current state of the Indian stock market. She discusses the factors contributing to the recent market correction, tips on navigating the volatile small and midcap sectors, and highlights key sectors that may shine in the upcoming year.Full interview link: https://economictimes.indiatimes.com/markets/expert-view/etmarkets-smart-talk-stay-away-from-volatile-stocks-especially-smallcaps-ahead-of-election-season-sonam-srivastava/articleshow/104990838.cms

In the ever-shifting landscape of stock trading, technical indicators can be your guiding light. On November 6, Monday, Trendlyne unveiled the formation of the Golden Crossover in over 40 Nifty stocks. ETMarkets shines a spotlight on this significant pattern and presents 5 stocks - Coal India, Divi's Laboratories, Dr. Reddy's Laboratories, Eicher Motors, and Grasim Industries - that have recently experienced this powerful shift in momentum.

The Nifty50 opened 0.5% higher at 19,325 on Monday, led by banking, Financial and IT stocks. During this rally, 5 large and midcap stocks managed to hit new 52-week highs. Here's a list:

This Diwali, the domestic brokerage firm Axis Securities has selected some promising stocks as Diwali Muhurat picks, which on technical parameters have the strength and potential to yield decent returns. "Looking ahead to Samvat 2080, we anticipate a mixed market bias. Despite Nifty's recent dip from all-time highs, strong support is expected around 18500-18000 levels. This presents an opportunity for investors to acquire quality stocks," Axis Securities said.

Capital goods and engineering companies had faced tough times for many years. The reason, there was hardly any capex in many sectors of the Indian economy. This changed in 2014, when the new government took over. Road and infrastructure sector got a big push and all the companies in that sector saw their order book growing sharply. Over a period of nine years, many other sectors have seen a sharp increase in their capex. Right from railways to defence all of them have seen increased outlays leading to sharp improvement in the bottomline of the companies in the whole chain of companies. Given the capacity utilisation which some other sectors might see in near term, some more engineering and capital goods may come into focus.

In Cricket, we create a balanced team of batsmen, bowlers, all-rounders, and wicketkeepers. Similarly, in investing, creating a balanced portfolio involves selecting stocks from various sectors, market capitalizations, and investment styles (like growth and value) to mitigate risk and optimize potential returns.

Stocks which can get downgraded from midcap to smallcap are Rajesh Exports, Aarti Industries, Pfizer, Vinati Organics, Crompton Greaves, Bharat Dynamics, Atul, Navin Fluorine, Whirlpool, Laurus Labs, Sumitomo Chemicals, Aditya Birla Fashion, Bata India and Kajaria Ceramics.

After the last few weeks of correction, while the broader market indices like nifty and sensex are inching upward once again, given the fact that some of the headwinds are still present, it would be still be better to ensure that caution is the word which stay in one's mind while looking at stocks. Caution in terms of the socks where analysts are bullish because of one or the other reason even when markets have been volatile. In the last quarter of the current financial year, it is time to take a step back, think and then make a decision both when buying and selling any stock as global flows have high probability of changing directions. These selected stocks depict a strong upward trajectory in their overall average score. This implies that there has been a significant improvement in their market outlook in the given time frame.

Raymond Group on Nov 3, 2023, announced that it is all set to step into sunrise sectors such as aerospace, defense and EV components. The group will acquire a 59.25 % stake worth Rs 682 crore rupees in MPPL -- Maini Precision Products Ltd. Here's what the acquisition means...

In the options segment, aggressive writing was seen at 19200 and OTM Call strikes for the coming week while Put writing remained relatively lower. Thus, closure of positions at ATM strikes may be considered as a first sign of covering in the market.

Its net interest income (NII), the difference between interest earned and interest expended, grew 6.5% YoY to Rs 10,831 crore. The non-interest income grew more than two-fold on year to Rs 4,171 crore during the quarter.

In Q2, the new-age company is expected to report a double-digit year-on-year (YoY) growth in revenue for the September quarter, driven primarily by the beauty and personal care and fashion segments, which are seen growing 21-31%.

Sequentially though, the bottomline was far lower than the Rs 3,091-crore profit posted in the June quarter, while revenue declined by more than 10% since the second quarter is typically a seasonally weak one for the sector.

India transitioned to T+1 settlement, where trades are settled within a day, in January. The SEBI now plans to allow instant settlement by October next year as another option.