In June, Nvidia briefly became the world's most valuable company. It was overtaken by Microsoft, and the tech trio's market capitalizations have been neck-and-neck for several months.

Benchmark BSE Sensex surged nearly 592 points, with Nifty reclaiming the 25,000 level amid a strong global trend. Highlighted stocks include RIL, HCL Tech, and HDFC Life, each showing varied performances and trends. Experts advise cautious trading, focusing on technical indicators and price action before making decisions.

“After marking its 52-week high of 620.35 in June, Exide Industries stock witnessed a series of profit booking and seen retracing back towards its 200-days exponential moving average on daily charts. Traders can buy for a target of Rs 585-590 in the next 5-6 weeks,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.

"Markets have gradually picked up with Nifty sustaining above the 25k mark. We expect this up-move to continue in the market with stock-specific action," said Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal.

Wall Street closed higher on Monday, with the S&P 500 and Dow hitting record highs, as investors bought tech stocks ahead of corporate earnings reports. Technology and semiconductor companies led gains, while investors looked forward to crucial economic data and company earning reports later in the week.

Benchmark indexes were up in Australia and Japan, and US futures advanced slightly. With earnings reports poised to drive US sentiment this week, the S&P 500 rose almost 1%, notching another record — its 46th this year. That’s a hint investors are not deterred by the reduced forecasts for third-quarter results and are instead betting on positive surprises.

The domestic brokerage on Monday reported a consolidated net profit at Rs 423 crore in Q2FY25, which was up 39% from Rs 304 crore reported by the company in the year ago period.

"Markets have gradually picked up with Nifty sustaining above the 25k mark. We expect this up-move to continue in the market with stock-specific action," said Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal.

The global micro-insurance industry is projected to grow to $137 billion by 2029. India's insurance penetration remains low at 4%, compared to the global average of 6.8%, but the government's efforts through Jan Dhan accounts and social security schemes have laid a strong foundation for achieving the "Insurance for All" target by 2047. As of May 2024, 523 million PMJDY accounts were opened, with 55.6% held by women.

Morgan Stanley downgraded the stock to underweight and slashed its price target to ₹3,702 from ₹5,769. JP Morgan cut its rating to neutral with a price target of ₹4,700 from ₹5,400. CLSA maintained its outperform rating but trimmed the price target to ₹5,360 from ₹5,650.

Noel Tata’s appointment as chairman of Tata Trusts is likely to ease tensions with Shapoorji Pallonji Group. This could allow SP Group to consider partial monetisation of its 18.4% stake in Tata Sons. Improved relations may help reduce SP Group's debt through asset divestment and other financial strategies, benefiting both sides.

National Insurance Company faces an ₹8,000 crore solvency shortfall, with a negative 0.49% solvency margin against the regulatory minimum of 1.5%. The insurer plans to address the gap by liquidating key assets, including stakes in Agriculture Insurance Company and India International Insurance Singapore, pending necessary approvals.

Through this exercise, the promoters aim to eventually hold stakes of 64-68% each across group companies, ET reported in August. The promoter group raised its stake in Adani Enterprises, Adani Power and Adani Green Energy last quarter.

​​New World Fund, Government of Singapore, ICICI Prudential Bluechip Fund, HDFC Flexi Cap Fund, SBI Automotive Opportunities Fund, SBI Magnum Global Fund, Fidelity Funds, Nippon India Growth Fund, SBI Life Insurance, HDFC Life Insurance, Government Pension Fund Global and Kotak Flexicap Fund were among the anchor investors.

Select stocks gain momentum even in volatile markets.

Exide Industries stock has rebounded after a dip following its June 2024 peak. Finding support around 450, the stock formed a double bottom pattern and broke through its 50- and 100-day moving averages. This positive momentum suggests a bullish trend for Exide, with the 450 level acting as a strong support zone.

Indian benchmark indices ended the day higher, driven by gains from banking, IT and realty stocks, with Nifty reclaiming the 25,000 mark. The 50-component index Nifty50 closed 0.7% or 163.70 points higher at 25,128 while the S&P BSE Sensex closed 0.73% or 591.7 points higher at 81,973.Commenting on the day's action, Hrishikesh Yedve aif Asit C Mehta Investment Interrmediates said that index formed a green candle on the daily technical chart, signalling strength. "On the upside, the 21-DEMA is placed near 25,270, which will act as a short-term hurdle for the index, followed by 25,400. On the downside, the index will find immediate support near 24,900," he said, adding that as long as the index is held above 24,900, a 'buy on dips' strategy should be pursued.Here are 3 stock recommendations for Tuesday:

Target Price: Rs 790Stop Loss: Rs 729The stock has given a consolidation breakout on the daily chart, suggesting a rise in optimism. The RSI is showing a bullish crossover on the daily timeframe. Besides, the stock has sustained above 21EMA. On the upside, the stock may move towards 790, with support positioned at 729.(Rupak De, Senior Technical Analyst, LKP Securities)

The S&P 500 and Nasdaq climbed on Monday, hitting new highs amid renewed investor optimism driven by strong chip stocks and major bank earnings. However, the Dow fell slightly, weighed down by Caterpillar's downgrade and Boeing's projected losses and job cuts. Key economic data and corporate earnings are anticipated this week.

Indian market started the week on a positive note on Monday. The S&P BSE Sensex rose nearly 600 points while the Nifty50 closed above the 25,100 level.

Each MII must appoint a non-associated Designated Depository (DD) to monitor compliance with shareholding limits. For depositories, the other depository will act as their DD.

The Dow Jones Industrial Average fell 63.0 points, or 0.15%, at the open to 42,800.89. The S&P 500 rose 14.8 points, or 0.25%, at the open to 5,829.81​, while the Nasdaq Composite rose 83.7 points, or 0.46%, to 18,426.658 at the opening bell.

On Monday, India's benchmark index, the Sensex, rallied by approximately 592 points, ending at 81,973. During this market rally, five stocks from the BSE 100 index reached their 52-week highs. A 52-week high indicates the highest price a stock has reached over the past year, providing valuable insights for traders and investors. This benchmark assists in evaluating a stock's current worth and predicting its future potential.

Nifty is poised for a potential breakout above the 25,200 resistance level, according to HDFC Securities' Nagaraj Shetti. A sustained move above this key hurdle could propel the index towards 25,500-25,600. However, if the upward momentum falters, 24,900 will act as immediate support.

When several mutual fund schemes invest in a particular stock, investors feel more assured about putting their money into it. As of September 2024, 182 stocks were identified as being held by over 100 mutual fund schemes. The latest analysis from ETMarkets reveals that nine stocks have seen price returns of 80-130% in FY25 so far and are held by more than 100 mutual fund schemes. (Data Source: ACE Equity)

Easemytrip Bonus Shares: As per data from Trendlyne, this marks the company's third issuance of bonus shares. Previously, bonus shares were distributed at a 1:1 ratio in February 2022 and a 3:1 ratio in November 2022.

Indian blue-chip indices closed higher ahead of September's inflation data release, with Sensex and Nifty gaining on the back of banking and IT stocks. Key gainers included Tech Mahindra and HDFC Bank, while Avenue Supermarts shares dropped after a slow revenue growth report.

Short covering happens when traders buy back shares they previously sold short, often due to a shift in market sentiment or new information. This usually results in a decrease in open interest and can drive the stock price higher. In Monday's trading session, five stocks saw short covering. Here's the list:

The grey market premium for Hyundai India continues to slide ahead of the IPO. The company's shares are currently commanding a GMP of around Rs 60, indicating a marginal premium of 3% over the issue price. From a high of Rs 570, the GMP has fallen by almost 89%.

Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Monday's trading session, five stocks witnessed a long unwinding. Here's the list:

Zerodha chief Nithin Kamath commended Sebi's consultative approach, noting his ongoing involvement in various committees and expressing admiration for Sebi's collaborative method, even as it plans to introduce stricter regulations for the industry.

Indian equities have consistently delivered around 15% returns over the last five years, significantly outperforming Chinese markets. Sebi's Ananth Narayan advises caution amid high returns, stressing the need for investor education and the importance of choosing reliable intermediaries over dubious 'finfluencers'.

Indian equity indices, the Sensex and Nifty50, opened higher on Monday ahead of the domestic September inflation data with banks, financial services, IT, and realty stocks witnessing maximum action. Nifty started the week on a positive note after remaining highly volatile throughout the last week, driven by market reactions to the RBI's monetary policy decisions.With bulls back in action, domestic brokerage firm Axis Securities has listed 5 technical picks for this week with upside potential of up to 16%:

As per data from Trendlyne, this marks the company's third issuance of bonus shares. Previously, bonus shares were distributed at a 1:1 ratio in February 2022 and a 3:1 ratio in November 2022.

When several mutual fund schemes invest in a particular stock, investors feel more assured about putting their money into it. As of September 2024, 182 stocks were identified as being held by over 100 mutual fund schemes. The latest analysis from ETMarkets reveals that nine stocks have seen price returns of 80-130% in FY25 so far and are held by more than 100 mutual fund schemes. (Data Source: ACE Equity)

Indian headline equity indices BSE Sensex and Nifty50 rose on Monday, led by heavyweight financials and L&T while investors awaited the domestic inflation print for clues about the timing of a possible rate cut. Meanwhile, six large and midcap stocks from the Nifty 200 index reached new 52-week highs. Here's the list:

NRI investor Rajiv Jain's GQG Partners has increased its stake in at least four Adani Group companies during the September quarter, despite a decrease in promoter holding for two of them. An analysis of the September quarter shareholding pattern shows that GQG's stake in Adani Energy Solutions rose from 4.57% in Q1 to 4.7% in Q2, with Team Jain acquiring 5,511,064 shares of the company.

As of October 14, Tata Group-owned Trent's market capitalization reached Rs 2.93 lakh crore, surpassing Avenue Supermarts' Rs 2.73 lakh crore following the latter's disappointing Q2 results. Shares of Avenue Supermarts' DMart fell 9.3% intraday due to several broker downgrades, with target prices lowered to Rs 3,702.

A short buildup occurs when there is a rise in open interest and trading volumes, coupled with a decrease in the price of the underlying stock in the Futures and Options segment. This indicates that more traders are expecting the prices to decline and are creating short positions. In Monday's trading session, five stocks saw fresh short positions being built. Here's the list:

Reliance Industries is scheduled to report its results for the quarter ended September 2024 on Monday, 14th October.Analysts from top brokerage firms project a mixed performance across its core business segments. Refining throughput is expected to see a modest 2.9% YoY increase, with gross refining margins (GRM) predicted at USD 9.6/bbl.Telecom arm Jio is set to deliver solid growth with average revenue per user (ARPU) projected at Rs 183-188, driven by tariff hikes.The stock has remained rangebound for the past 6 months. It has fallen more than 5% in a month, and over 13% in the last 3 months. It is down nearly 7% in the last 6 months, data showed.We have collated views from different brokerage firms on RIL Q2 expectations:

Emkay Global has initiated a 'buy' rating on Vedanta and Nalco due to strong aluminium market dynamics and price increases, projecting up to 23.5% upside. Key factors for Vedanta include demerger, project delivery, dividends, and deleveraging. Nalco is expected to see solid earnings momentum and attractive valuations.

Hyundai Motor India is gearing up for a landmark initial public offering (IPO) on Tuesday which is expected to raise approximately Rs 27,000 crore, marking a significant milestone in the Indian automotive sector. Here are ten key insights to help you understand what makes this offering noteworthy:

A long buildup occurs when open interest and trading volumes increase alongside a rise in the underlying stock price in the Futures and Options segment, signaling a bullish market trend. In Monday's trading session, five stocks saw fresh long positions. Here’s the list:

Shares of Ola Electric Mobility drop 3% amid regulatory scrutiny from ARAI over unreported price cuts on its S1 X 2kWh model, which may affect subsidies under the PM E-DRIVE scheme. The company offers significant discounts in its ‘BOSS 72-hour Rush’ sale.

HAL Share Price: The Finance Minister has approved Hindustan Aeronautics Limited's upgrade to Maharatna CPSE status, granting it increased operational and financial autonomy. This milestone boosts HAL's role in India's industrial growth, reflecting its strong financial performance with a turnover of Rs 28,162 crore and a net profit of Rs 7,595 crore for FY 2023-24.

PNC Infratech shares are expected to remain in the spotlight on Monday after receiving an order worth Rs 2,039.61 crore from CIDCO. The company received the work order for the integrated infrastructure development of roads, construction of various major and minor structures, and allied electrical works under the NAINA Project, with a completion period of 1,460 days.

Wipro shares increased by 3% on BSE following the announcement that its board will consider issuing bonus shares in October 2024. This move aims to make stock more affordable for investors. All shareholders owning shares before the record date will be eligible. Wipro has seen a 13% rise in its shares in 2024 so far.

Shares of recently listed Bajaj Housing Finance fell 4% as the 1-month share lock-in period expired today. About 12.6 crore (126 million) shares, which were previously restricted from sale, are now eligible for trading.

L&T's shares rose 2% to Rs 3,555 after JP Morgan gave an 'overweight' rating and set a target price of Rs 4,360. JP Morgan believes L&T is well-positioned for growth in India and the Middle East. The company reported strong earnings growth and an increase in revenue in Q1 FY24.

Shares of Avenue Supermarts-owned DMart dropped by 9.3% following disappointing Q2 earnings, leading to downgrades from major brokerage firms. Q2 profit saw an 8% YoY jump but decreased by over 12% from the prior quarter, with revenues rising 14%. Increased costs and competition from online grocery formats impacted the results.