The markets saw some recovery — it opened weak but gained strength soon after, and ended with gains.

Bloomberg, which first reported the possible stake sale, said Siemens Energy may announce the divestment of shares in Siemens Ltd as early as this week, citing people familiar with the matter.

Data from ACE Equity shows that LIC owned at least 260 stocks at the end of the September quarter, out of which its stake declined in at least 84 stocks like Hindustan Copper, Dr. Reddy's Laboratories, HAL, Canara Bank, Tata Motors, NTPC, Pfizer, ICICI Bank and RIL.

The stock hit a 52-week high of Rs 145.70 on 18 October 2023, but it failed to hold on to the momentum and corrected in line with the broader markets. The stock fell more than 9% in a week compared to about 1% fall seen in the Nifty50.

The brokerage remains optimistic about the company's growth prospects in light of improving 2W demand in the country.

CARYSIL is well-placed to deliver strong growth, aided by industry tailwinds, greater spending on home improvement, and demand for aesthetically appealing products globally, says Sandeep Raina, executive vice president - research, Nuvama Professional Clients Group.

However, the number of people profiting from the stock market may be less than the number who lose. And what differentiates a successful trader from a non-successful one is their understanding of risk and its management.

CARYSIL Ltd is into manufacturing of sinks, and is a contract manufacturer for the biggest global retailers for quartz and stainless steel sinks. The company is well-placed to deliver strong growth, aided by industry tailwinds, greater spends on home improvement, and demand for aesthetically appealing products globally, says Sandeep Raina of Nuvama Professional Clients Group.

Stocks that were in focus included names like ZEE, which rose 0.06%, SBI Card, which declined 5.05%, and IDFC First Bank, whose shares dropped 3.08% on Monday.

ET Now spoke to various experts, and here's what they have to recommend for today's trading session. CA Rudramurthy has a buy/sell recommendation on United Spirits and Escorts Kubota, while Nooresh Merani has a buy/sell recommendation on ONGC and Tata Power for today's trading session. Check out the targets and stoploss.

From the Sensex stocks, Tata Motors, Bajaj Finserv, Tata Steel, Bajaj Finance, and ITC opened higher, while Airtel, M&M, Sun Pharma, Maruti, and Infosys opened with cuts.

US brokerage Jefferies has a buy view on TVS Motor, UPL and Marico while CLSA took a buy stance on Petronet LNG and Bharti Airtel ahead of telecom major’s Q2FY24 earnings later today.

Over three 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 October 30. 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)

Volatility was slightly higher on Tuesday from Monday closing as India VIX stood at 11.65, up 1.39%.

Sensex rises 200 points, Nifty above 19,200; TaMo gains 1%, Inox Wind tanks 6%; Bajaj Fin Serv, Tata Steel, HCL tech are some of the gainers in the morning trade.

Investors have shown "less pessimism," Pursche added. "First- and second-quarter calls had a more negative tone. There was anxiety over interest rates, Fed policy, the recession that never came."

The Topix banking index climbed 2.25% as of 10:28 local time (0128 GMT) to lead gains among the Tokyo Stock Exchange's (TSE) 33 industry groups.

Stocks in Asia were slightly weaker, with MSCI's broadest index of Asia-Pacific shares outside Japan 0.24% lower, while Japan's Nikkei was 0.23% lower.

Oil prices rose in early Asian trade on Tuesday ahead of global central bank meetings and as tensions in the Middle East remained high.

Tata Motors, which sought to democratize car ownership in India with its Rs 1-lakh Nano, has won a Rs 766-crore award in an arbitration involving a state agency of West Bengal where the small-car plant, mothballed after a protracted stir over land acquisition, is located.

Many stocks from cyclical and emerging sectors have run way ahead of their revenue and earnings visibility and are witnessing a reversion to mean, said analysts.

Consumer goods company Marico Ltd on Monday reported 17% growth in its consolidated net profit at Rs 353 crore for the quarter ended September.

"Positional traders can look for stock-specific buying opportunities in this dip and one stock on our radar for buying in this dip is NMDC. Traders can buy the stock for a target of Rs 163-172 and keep a stop loss below Rs 135 on a closing basis," Ruchit Jain, Lead Research, 5paisa.com, said.

This fundraising will enable exits for the current private equity investors Morgan Stanley and BanyanTree, who collectively own a 25% stake in Nspira Management Services, a subsidiary of the Narayana group. The promoters seek complete control over the company's ownership.

Most analysts cut their price targets by 1-19% following the earnings disappointment. The average price target on Mahindra & Mahindra Financial Services of all analysts compiled by Bloomberg following the second quarter results is at ₹302, implying an upside of almost 23.35% over Monday's closing of ₹245 on Monday.

Morgan Stanley said a supportive earnings upgrade cycle, strong festive demand along with rising margins and market share are likely to be key drivers of the stock.

The average price target of brokerages compiled by Bloomberg is ₹2,159, implying an upside of 12% from Monday's closing.

The value of trades in the interbank call money market, which helps lubricate the financial system and is the operating target of the RBI's monetary policy, has shrunk nearly 40% in the past four years, official data showed. Meanwhile, trades in the two other money market segments - market repos and tri-party repos - have trebled, posing a tricky question for the RBI about its rate-action impact on the economy.

Short-term traders can look to buy the stock on the decline as it is now trading near crucial support levels. Hence, some bounce back towards Rs 160-170 levels could be expected, suggested experts. The stock corrected largely in line with markets. It fell nearly 3% in a week compared to the Nifty50, which was down more than 1%. In terms of price action, the stock is trading below 5,10-DMA on the daily charts but above 20,30,50,100 and 200-DMA.

Oil prices dropped partly as fears eased about the Israel-Hamas war disrupting supply from the region, and U.S. Treasury yields rose before the Treasury Department's update on its expected financing need for the current quarter.

Onsemi, which has laid off 1,360 employees so far this year, forecast revenue of $1.95 billion to $2.05 billion, below expectations of $2.18 billion. In an interview, El-Khoury said the company still expects EV demand to grow, but more slowly. The job cuts announced Monday had been planned as part of a larger strategy shift to internally manufacture its more profitable chips and save costs by outsourcing other chips.

The Fed is widely expected to keep interest rates unchanged at the end of its policy meeting on Nov. 1, according to the CME Group's FedWatch tool, but concerns linger that interest rates could stay higher for longer in the face of a resilient U.S. economy.

Chris Wood, who has long been optimistic on India's growth story, reiterated that the country has the best economic equity story among emerging markets. "India's growth story is among the best in the world, especially in Asia," he added.

There are 8 crore unique investors from 5 crore households who are invested, which means 17 per cent of the overall households of the country are directly invested in the stock markets, Chauhan said, adding that initial public offerings (IPOs) by companies are the preferred route for entering the markets.

At 9:38 a.m. ET, the Dow Jones Industrial Average was up 285.36 points, or 0.88%, at 32,702.95, the S&P 500 was up 41.00 points, or 1.00%, at 4,158.37, and the Nasdaq Composite was up 155.87 points, or 1.23%, at 12,798.88

A 50:50 equity-debt portfolio is said to have the potential to generate meaningful wealth creation in the long term, as the analysis demonstrated a 12% CAGR for this combination

Benchmark equity indices closed higher on Monday, led by banking, and financial stocks. The S&P BSE Sensex closed 0.5% higher at 64,112, while the NSE Nifty50 index ended above the 19,100 level.

At 9:38 a.m. ET, the Dow Jones Industrial Average was up 285.36 points, or 0.88%, at 32,702.95, the S&P 500 was up 41.00 points, or 1.00%, at 4,158.37, and the Nasdaq Composite was up 155.87 points, or 1.23%, at 12,798.88

The Dow Jones Industrial Average rose 119.95 points, or 0.37%, at the open to 32,537.54.

A 50:50 equity-debt portfolio is said to have the potential to generate meaningful wealth creation in the long term, as the analysis demonstrated a 12% CAGR for this combination

We are in the middle of the Q2 season - where most results were mixed but were in line with the expectations so far. This week - many major companies including Adani Green, Adani Enterprises, Titan, Zomato and more will release their Q2 numbers. Here are the companies that you need to keep an eye on.

The shareholders of Fincare Small Finance Bank will receive 579 equity shares of AU Small Finance Bank for every 2,000 shares held. The merger would be effective from February 1, 2024, according to a regulatory filing to stock exchanges late Sunday

Cello World IPO is completely an offer for sale worth Rs 1,900 crore. Net proceeds from the IPO will entirely go to the selling shareholders. Cello World's business is broadly divided into two categories, consumer houseware and consumer glassware. Here’s what Astha Jain of Hem Securities has to say about the IPO. Watch!

The short-term trend of Nifty continues to be positive with rangebound action. The present upside bounce is expected to continue for the short term. The immediate hurdles to be watched are around 19,250 and the next 19,450 levels in the near term. Immediate support is at 19,050 levels, said Nagaraj Shetti of HDFC Securities.

Meant for investors with a longer-term horizon, the Nifty LargeMidcap 250 Index combines 100 Largecaps (represented by the Nifty 100 Index) and 150 Midcaps (represented by the Nifty Midcap 150 Index) in equal proportion. It covers 250 stocks, diversified across 20 sectors, and aligns well with the Indian economy.

Sectorally, buying was seen in realty, telecom, energy, oil & gas, and banks while auto, consumer durables, FMCG, and metals stocks saw some selling pressure

This article explores the concept of the Golden Crossover and its implications for stock analysis. We've handpicked 5 stocks that recently experienced this pattern among the 40 Nifty stocks reported by Trendlyne on October 30, Monday.

In this article, we explore the concept of overbought stocks, discuss the importance of Relative Strength Index (RSI) in stock analysis, and present 6 stocks that have recently ventured into the overbought zone.

In this article, we delve into the Relative Strength Index (RSI) and its significance in stock analysis. We spotlight 4 stocks that recently exhibited a downward trend in their RSI values.

From the Sensex stocks, UltraTech Cement, Reliance Industries, ICICI Bank, HDFC Bank and Airtel closed higher, while Tata Motors, Maruti, Axis Bank, M&M, and NTPC ended in the red. The market capitalisation of all listed companies on BSE surged by Rs 1.09 lakh crore to Rs 311.54 lakh crore.