Titan Company on Friday reported a nearly 10% year-on-year (YoY) rise in net profit for the quarter ended September 2023 to Rs 940 crore. This was way higher than an ETNow poll of Rs 860 crore. Revenue from operations grew by 34% YoY to Rs 11,660 crore and was also above the estimated Rs 10,375 crore.

The Nifty was forced to stay within a range and closed with a small profit.

"Foreign selling will always have some influence over the trajectory of the markets, albeit that influence is reducing over time as domestic flows remain strong," said Pramod Gubbi, founder, Marcellus Investment Management.

The Futures Short Position Scan conducted on the previous trading session i.e. November 3, suggested that Aggressive New Short Positions were taken on the several Nifty50 stocks. This is a bearish indicator that shows the futures OI has increased while the price has decreased. (Source: StockEdge)

However, the Street appeared unimpressed over the developments as the stock fell to the day's low of Rs 575.50, declining 0.45% in the early trade. The PSU Bank index was also trading 0.68% lower despite overall positive sentiments in the market.

Peter Lynch, an American investor and mutual fund manager, is best known for growth at a reasonable price approach to investing. Lynch is often associated with the PEG ratio which measures PE ratios in relation to growth rates. MarketSmith has created a custom screen based on Lynch's investment style, which identifies securities that are trading for below-average prices on a PE or PEG basis and are not already widely owned by institutions.Here are 9 Indian stock picks inspired by Peter Lynch's hunting style, as listed on MarketSmith:

Throughout the fiscal years FY21-23, Cello World undertook no significant changes to its business operations, apart from the acquisition of shares in Wim Plast and the acquisition of business entities by Cello Industries, Cello Household Products, and Unomax Stationery through a slump sale.

Federal Bank has seen a notable increase in sales of its products in both organic and fintech channels, indicating a growing interest in these products.In the last few years, accelerated focus for retail advances has taken the share of retail loans to 55% from 50% in FY21. The focus on retail loans is expected to continue as these are high yielding book.

Market cycles, with their peaks, troughs, and lateral movements, are inherent aspects of the financial landscape.

The brokerage cited softer-than-expected October employment data and dovish Fed commentary for the forecast push to next year.

"Due to an intermittent issue, some of our users are not able to see executed orders in the orderbook. However, the executed orders are updated on the positions page. The holdings and funds page is also not loading. We're working on fixing this and regret the inconvenience caused," Zerodha said in a note to clients.

Through the Futures Long Position Scan, it has been revealed that Aggressive New Long positions were taken on some of the large-cap stocks on the previous trading session i.e. November 3. 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)

HPCL’s daily trend is sideways. The RSI for monthly, weekly and daily are showing sideways momentum. Based on option chain analysis, the range is between 250 and 260. Let’s plan a trade around this.

Conversely, Tata Steel, UPL, and Tech Mahindra contributed adversely to Nifty earnings. For 2QFY24, Nifty stocks reported a sales/EBITDA/PBT/PAT growth of 5%/24%/31%/35% YoY.

:The stock rose from Rs 1687 on 3 August 2023 to Rs 3rd November 2023 which translates into an upside of over 30% in the last 3 months.

Equity benchmark indices continued to rally for the third straight session on Monday amid favourable trends in global markets. The 30-share BSE Sensex jumped 471.45 points to 64,835.23 points in early trade. The Nifty climbed 126.75 points to 19,357.35 points. Among the Sensex firms, Larsen & Toubro, Axis Bank, Nestle, JSW Steel, IndusInd Bank and Mahindra & Mahindra were the biggest gainers. State Bank of India and Tata Motors were the laggards.

Nearly 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 3, Friday, 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)

India VIX was down by 1.78% from 11.07 to 10.88 levels on Friday. Volatility has been cooling off from the last two sessions and aided in support-based buying in the indices.

CLSA maintained a buy rating on SBI with a target price of Rs 700. Most parameters are on track with net interest margin (NIM) moderation, a slight surprise.

Nifty gained nearly 1% last week, snapping a two-week losing streak, supported by the US Federal Reserve's rate pause which triggered a rise in global equities. Meanwhile, a host of analysts shared their tech views on particular stocks which may gain up to 25% in the near term. Here is a list of 4 tech picks from various analysts:

From the Sensex stocks, L&T, ICICI Bank, JSW Steel, M&M, and Axis Bank opened with gains, while only Bharti Airtel opened with cuts.

About 13 stocks in which, the cumulative holding of FIIs topped 10% in the quarter gone by, have given upto a staggering 297% returns, an analysis of shareholding by ETMarkets showed.

South Korea's financial authorities said on Sunday they were re-imposing a ban on short-selling shares at least until June to promote a "level playing field" for retail and institutional investors.

GIFT Nifty on the NSE IX traded 17.5 points, or 0.09 per cent, higher at 19,444.5, signaling that Dalal Street was headed for positive start on Monday. 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 Godrej Properties and PNB, while Soni Patnaik has a buy/sell recommendation on Coal India and JSW Steel for today's trading session. Check out the targets and stoploss.

Stocks that were in focus included names like Arvind Fashion, which gained 5.85%, Adani Ports, which jumped 2.67%, and IRFC, whose shares declined 1.23% on Friday.

"By encouraging disinflation, strong productivity and labour supply gains might allow for job growth and low inflation to coexist," he added. "This, in turn, would open the path for early Fed easing."

Federal Bank is the largest bank in south India, with an asset size of Rs 2.87 lakh crore. In the last six quarters, the bank’s credit growth has outpaced that of industry, and Sandeep Raina of Nuvama Professional Clients Group sees the bank growing its balance sheet between mid-to-high teens over the next few years.

"Adani Group will exit a few businesses to invest more deeply in core focus areas such as infrastructure," one executive said. "Plans to disinvest its stake in Adani Wilmar are on these lines," he said, adding that proceeds from the proposed sale are likely to be used for investments in other group businesses, and not to pare debt.

The renewed optimism of global consumer goods giants comes at a time when industry trackers across products, such as fast-moving consumer goods, groceries, consumer electronics and mobile phones, have been reporting improving demand month-on-month in India with inflation moderating.

“Olectra Greentech stock has bottomed out after the consolidation of the last few weeks and focus is on the entire Auto pack. Traders can buy for a target of Rs 1230 in the next 2-3 weeks and a stop loss can be placed below Rs 1150,” Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd, said.

PB Fintech, which operates Policybazaar, reported net loss of Rs 21 crore in the September quarter. Revenue from operations were up 22% to Rs 812 crore.

Resident Indians can only invest in FPIs whose exposure to India is less than 50% while total subscription by non-resident Indians (NRI) cannot exceed 50% of a fund corpus.

​After retesting the trendline support on the weekly chart, Apollo Hospital saw a sharp recovery. Bharti Airtel has formed a fresh buying pivot after a marginal retracement to the shortterm moving average on a weekly chart.

In a deal closed last week, Canara Bank raised $500 million through its first syndicated loan since 2011, senior executives from the domestic lender and HSBC exclusively told ET. The transaction saw participation from 23 banks across Asia and the Middle East, signalling firm appetite for Indian finance companies in overseas markets.

NIM, the difference between the yield a bank earns on loans and that it pays on deposits, dropped to 3.43% for SBI but ICICI held on to its margins at 4.53%. Smaller banks like Federal Bank also saw a 14 basis points drop in NIM year on year to 3.16%.

This ratio has fallen to 18%, close to its eight-month low levels, indicating a bearish sentiment besides potentially introducing challenges for these fund managers in returning the securities borrowed for short sale in the weeks ahead, analysts noted.

Olectra offers a green energy solution to public transport by introducing EBUS with Zero emission. The company is also India's first electric bus manufacturer. The stock hit a record high of Rs 1,465 on July 13, 2023. The scrip closed at Rs 1,176 on November 3, which translates into a fall of about 20%.

Indian equity indices ended higher on Friday, supported by the US Federal Reserve's rate pause which triggered a rise in global equities. The S&P BSE Sensex closed 0.44% higher at 64,364, while the NSE Nifty 50 index ended above the 19,200 level. "After a gap-up opening, Nifty 50 faced resistance around 19,250-19,300 levels, and we can see maximum put writing at 19,200 levels, which may act as strong support for Nifty. We can see maximum open interest in the 19,300 call option, so one should only be bullish on Nifty if it closes above its crucial 100-day moving average, which is placed at 19,300," said Kunal Shah, senior technical and derivative analyst, LKP Securities.Here are 5 stock recommendations for Monday:

Given the fact that it is one of the easiest to calculate and understood by the majority of investors. Whether it is an analyst report or company’s presentation, it is very likely that price earning (P/E ) ratio might have been used to justify either a buy or sell recommendation. But there is a better ratio than this P/E, that is the PEG ratio. PEG ratio is a complex process and comes with its own set of challenges. However, even with these challenges, it is worth looking at PEG ratio before taking a long term investment decision.

The factors determining the performance in two different periods are never the same. So, investments based on past performance may not yield similar results in the future always. This tendency to invest based on past performance is a behavioural bias commonly termed trend-chasing or extrapolation bias.

Ahead of Diwali, brokerage house StoxBox has recommended five stocks that investors can look to buy and get returns of up to 22%. These stocks are from sectors like telecom, real estate, and personal care. Here are 5 stock recommendations from StoxBox:

For all those who are rattled by what happened in the last few weeks to mid-cap stocks in their portfolio, they all should remember one simple principle, mid-cap stocks are risky bets and they should be aware of the risks while buying them. Anyone who has any doubt should look at three months, October 2021, June 2022 and April 2023. The first date is when small and midcap stocks were at their peak and the second i.e. June 2022 is when they were at their lowest. In just nine months a number of them lost all the gains they had made in two years in the covid rally. So while buying mid-cap stocks it would be better to apply more filters. Refinitiv’s Stock Report Plus lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".

If one looks at corporate announcements, a large number of small and mid-caps pharma companies are announcing one or the other thing either about US FDA or European authorities giving approval or inspection. While the large players had moved to international markets a long time back, a number of small companies that had domestic focussed business are also moving into the developed global markets. Will this lead to re-rating?

The factors determining the performance in two different periods are never the same. So, investments based on past performance may not yield similar results in the future always. This tendency to invest based on past performance is a behavioural bias commonly termed trend-chasing or extrapolation bias.

Trendlyne filter helped narrow Sensex stocks which have seen at least five brokers downgrade the target price or recommendation within the past month. The list includes prominent names like RIL, Asian Paints, among others. Take a look:

The valuation of ICICI Bank surged Rs 14,749.52 crore to Rs 6,54,042.46 crore and that of HDFC Bank climbed Rs 11,657.11 crore to Rs 11,25,842.89 crore.

Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period.

Trendlyne filter helped narrow Sensex stocks which have seen at least five brokers downgrade the target price or recommendation within the past month. The list includes prominent names like RIL, Asian Paints, among others. Take a look: