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 2.

The Futures Short Position Scan conducted on the previous trading session i.e. November 2, suggested that Aggressive New Short Positions were taken on the number of Nifty50 stocks. This is a bearish indicator that shows the futures OI has increased while the price has decreased. (Source: StockEdge)

Mutual funds increased their stake in Delhivery, FSN E-Commerce Ventures, One97 Communications, PB Fintech, and Zomato in the last quarter, while FIIs reduced stake in Delhivery, FSN E-Commerce, Paytm parent, and PB Fintech.

US brokerage Citi downgraded Tata Steel and slashed the price target on concerns over Europe operations coupled with domestic steel prices.

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 2, Thursday. 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)

An analysis of shareholding patterns of BSE-listed companies shows that LIC dumped at least 84 stocks like Tata Motors, Reliance Industries (RIL), Dr. Reddy's Laboratories, TVS Motor, Dixon, ONGC, Reliance Power and Tata Elxsi.

Varun Beverages Ltd is the second-largest franchisee of PepsiCo outside the US, and accounts for about 90% of PepsiCo’s beverage sales volume in India. The company manufactures carbonated soft drinks, including Pepsi, Mountain Dew, Seven Up, and Mirinda, and non-carbonated beverages such as Tropicana Slice, and Tropicana Frutz; and Bottled water – Aquafina.

Opening Bell: Sensex jumps 350 points, Nifty above 19,200; Adani Power rises 4%, Tata Motors 3%; Infy, Titan, L&T are some of the gainers in the morning trade.

Motilal Oswal reiterated a buy on Tata Motors with a December 2025E SOTP-based TP of Rs 750. Company's 2QFY24 results significantly beat brokerage's estimates on consolidated EBITDA and PAT.

While the Banknifty continues to remain weaker than the Nifty on technical terms, select banking stocks, both private and PSUs, are showing good opportunities.

GIFT Nifty on the NSE IX traded lower by 12.5 points, or 0.06 per cent, at 19,347.50, signaling that Dalal Street was headed for muted start on Friday. 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. Vaishali Parekh has a buy/sell recommendation on Tata Power, India Cement and SAIL while Nooresh Merani has a buy/sell recommendation on Maruti Suzuki and GAIL for today's trading session. Check out the targets and stoploss.

In the Sensex pack, Tata Motors was the top gainer, rising nearly 3% as the firm reported a net profit of Rs 3,764 crore for the quarter ended September 2023, against a net loss of Rs 945 crore a year ago. Meanwhile, Tech Mahindra, Infosys, ICICI Bank, M&M, HCL Tech, and Wipro also opened higher.

Apple on Thursday reported sales and profit for the fiscal fourth quarter that beat Wall Street expectations, helped by an uptick in iPhone sales and a $1 billion boost to services revenue that offset large drops in Mac and iPad sales.

S&P 500 futures were 0.1% lower, weighed by a 3% fall for Apple shares in post-market trade after the tech giant's sales forecast fell short of expectations.

Stocks that were in focus included names like Britannia, which gained 3%, Tata Motors, which jumped 9.77%, and Minda Corp, whose shares declined 0.37% on Thursday.

"Powell's comments in the presser yesterday were what everyone wanted to hear," said Justin Burgin, vice president of equity research at Ameriprise Financial in Troy, Michigan.

Tata Motors reported a consolidated net profit of Rs 3,764 crore for the quarter ended September, against a net loss of Rs 945 crore a year ago.

“Marico has been one of the consistent performers among the fmcg space. The stock has been in a multi-year uptrend and trading in a 17-year ascending channel pattern on the monthly charts. Traders can buy for a target of Rs 620 in the next 6-8 months,” Gaurav Bissa, VP, InCred Equities, said.

So far in October, state government bond issuances have outstripped their indicative calendar by 24%, with states on track to issue bonds worth almost ₹1 lakh crore more in FY24 than the previous year on a gross basis.

The Reserve Bank of India (RBI) is transitioning toward a principle-based regulatory approach, offering broad guidelines to the entities it regulates while allowing for flexibility in how they achieve compliance, according to Deputy Governor Rajeshwar Rao.

"Indian markets ticked higher post-US Fed meeting outcome of keeping interest rates unchanged, leading to a decline in US yields that have been impacting global sentiments recently," said Pankaj Pandey, head of research, ICICI Securities. "Added to this were sustained healthy corporate earnings for the September quarter and robust auto numbers ahead of the festive season."

Zurich has agreed to pay ₹4,051 crore for 51% stake including fresh growth capital of up to ₹1,609 crore. The expected date of completion for the sale is June 30, 2024, for acquisition of 51% stake by Zurich and acquisition of an additional stake of 19% within a period of three years.

Lenders to the insolvent airline Go First will likely meet to assess a fund-infusion plan into the grounded carrier. However, regulatory approval for lessors to repossess leased aircraft is making it unviable for bankers to commit fresh money to the first case of voluntary bankruptcy in Indian aviation.

As a contra buy, short-term investors can consider the stock for a possible bounce back towards Rs 600 levels as it is trading near crucial support levels. A part of the S&P BSE 100 index, the stock hit a 52-week high of Rs 595 on October 3, 2023, but failed to hold on to the momentum.

Indian equity indices ended higher on Thursday after the US Federal Reserve's less hawkish-than-expected stance on monetary policy. The S&P BSE Sensex closed 0.76% higher at 64,091, while the NSE Nifty 50 index ended above the 19,100 level"After a gap up opening, the index NIFTY witnessed some volatility during the session on the back of weekly expiry. However, the index managed to end the session with a considerable gain. The index is yet to clear the hurdle of 19200 mark. A close above 19200 might result in further short covering in the markets. On the other hand, 18850 seems to be a strong support for the time being," said Mehul Kothari of Anand RathiHere are the 5 stock recommendations for Friday:

The promoter group's stake will fall to 63.5% after the IPO from 74.4%. The company focuses on customers in rural and semi-urban areas which contribute nearly two-thirds to the loan book

All 11 major S&P 500 sectors were trading higher, with real estate and consumer discretionary leading gains. Traders pared back the risk of a December hike to about 20% and a January move to 25%, according to the CME Group's FedWatch tool. They have also priced in a 70% chance that the tightening is over.

The company's shares climbed nearly 7% to $55.12 on Thursday as a strong full-year profit forecast also calmed market jitters about a spending slowdown.

During Thursday's trading session, the Sensex benchmark index experienced a substantial surge of roughly 490 points, concluding the day at 64,081. Amid this surge, 9 stocks included in the BSE commodities index reached their highest prices within the past 52 weeks. The 52-week high holds special importance for traders and investors as it serves as a crucial technical gauge for assessing a stock's present value and forecasting potential price fluctuations. It signifies the highest price at which a stock has traded during the preceding year.

The Dow Jones Industrial Average rose 183.24 points, or 0.55%, at the open to 33,457.82

The company's shares climbed nearly 7% to $55.12 on Thursday as a strong full-year profit forecast also calmed market jitters about a spending slowdown.

The short-term uptrend status of Nifty remains intact and there is a possibility of Nifty moving towards 19200-19300 levels again in the coming sessions before consolidating again from the highs, said Nagaraj Shetti of HDFC Securities.

The S&P BSE Sensex rallied nearly 500 points while the Nifty50 closed above 19100 levels. Sectorally, buying was seen in realty, telecom, metal, and public sector stocks.

The stock of Larsen & Toubro has gained 11% over the past three months compared with the 7% gain in the S&P BSE Capital goods index. The outperformance of India’s largest infrastructure company is likely to sustain given the strong order flow and execution in the September quarter.

Despite publishing forecasts which now show the British economy now skirting close to a recession and flat-lining in the coming years, the BoE held Bank Rate at 5.25% for the second meeting in a row after 14 back-to-back increases. It also reinforced its message that borrowing costs were set to stay high, even though only about half of the impact of its long run of rate hikes have been felt in the economy so far.

The Relative Strength Index (RSI) is a vital tool for stock analysis. In this article, ETMarkets dives into the RSI and spotlights four stocks - IndusInd Bank, Infibeam Avenues, TTK Prestige, Kalpataru Projects International, and Amber Enterprises India - experiencing a downward RSI trend.

TCHF II has already allocated 60% of the $130 million corpus raised last year. It has concluded seven investments to date. The current TCHF II portfolio is strategically diversified across domestic and export pharmaceuticals, cancer care clinics, dialysis centers, integrated regional diagnostic chains, and digital healthcare.

In the world of stock market analysis, the Relative Strength Index (RSI) plays a pivotal role. ETMarkets presents insights into stocks that have witnessed an upswing in their RSI, helping investors make informed decisions. We delve into Easy Trip Planners, Varun Beverages, Vedant Fashions, Eureka Forbes, and Hero MotoCorp to uncover what their RSI movements mean.

In the world of stock market analysis, the Relative Strength Index (RSI) serves as a vital compass. ETMarkets brings you insights into stocks that have ventured into the overbought zone. We explore what RSI means and spotlight five stocks – Angel One, CreditAccess Grameen, Swan Energy, BSE Ltd., and Multi Commodity Exchange of India Ltd. – currently in this territory.

Exceeding the 50-day SMA is often seen as a bullish signal, suggesting potential short- to medium-term growth. On November 1, several midcap stocks displayed an encouraging sign as they surged above their 50-day SMA, hinting at possible bullish momentum.

Closing Bell: Sensex resumes rally after 2-day break, surges 490 pts; Nifty above 19,100; Tata Steel, TaMo gain 2% each

After two straight sessions of losses, The NSE Nifty 50 index settled 0.76% higher at 19,133, while the S&P BSE Sensex surges 490 pts or 0.77% to 64,091. All sectoral indices closed higher. Nifty Realty surged 2.5% and was the top sectoral gainer, while Nifty PSU Bank, Metal, FMCG and Healthcare surged 1% each.

Surpassing the 200-day SMA is typically considered a bullish signal, suggesting potential long-term growth. On November 1, several major stocks surged above their 200-day SMA, signaling potential bullish trends.

Surpassing the 100-day SMA is often considered a bullish signal, indicating potential medium-term growth. On November 1, several major stocks surged above their 100-day SMA, signaling potential bullish trends.

Dive into the world of stock market analysis with a focus on the Golden Crossover, a key technical pattern. ETMarkets presents insights into five stocks that recently experienced a Golden Crossover, shedding light on how this pattern can influence investment decisions.

The NSE Nifty50 opened higher on Thursday by about 155 points at 19,144. During this rally, 6 large and midcap stocks managed to hit new 52-week highs. Here's a list:

Calling India a "land of opportunities and innovation", he said that his optimism about India is driven by the stable government and young demographic, with an average age of 27 years.

Adani Power stock is just 4.8% shy of its 52-week high of Rs 409.70. The stock has rallied 194% since hitting its 52-week low of Rs 132.40 on February 28, 2023, in the aftermath of the Hindenburg report.

India's state-run insurer Life Insurance Corporation (LIC), Mankind Pharma, Campus Activewear, TVS Supply Chain Solutions, Kaynes Technology, and ten other stocks will see their lock-in period expire in November. Brokerage Emkay has compiled the data in its IPO Tracker report.