Largest private sector lender HDFC Bank on Monday reported a net profit of Rs 16,811 crore on a consolidated level. In the first results of the merged entity after the amalgamation of its parent HDFC Ltd into the lender, HDFC Bank reported a net profit of Rs 15,976 crore on a standalone basis. In the year-ago period, the net profit of the merged entity would have been Rs 11,162 crore on a consolidated level, while the same on a standalone basis would have been Rs 10,606 crore.

In a day filled with remarkable market activity, several Nifty 200 stocks reached new all-time highs, reflecting a surge in market optimism and investor confidence.

ETMarkets examines the significance of the Golden Crossover, an essential indicator for stock traders. On October 16, 10 Nifty stocks displayed this pattern, suggesting potential bullish momentum.

From the Sensex pack, Tata Steel, HCL Tech and Axis Bank closed higher, while Nestle India, TCS, IndusInd Bank, and Asian Paints closed in the red

Indian equity indices swung between gains and losses throughout the day tracking weaker global stocks as nervousness around the escalating conflict in the Middle East dampened risk appetite. It finally extended declines for the third straight day on Monday, dragged by pharma, realty and IT stocks, though a rise in metals stocks helped offset some intraday losses. The 30-share BSE benchmark Sensex declined 116 points or 0.17% to settle at 66,167. The broader NSE Nifty dropped 23 points or 0.12% to end at 19,728.

On October 13, ETMarkets uncovered 10 stocks witnessing a declining trend in Relative Strength Index (RSI). Dive into the significance of RSI and how it serves as a critical tool for evaluating stock movements.

In a day marked by impressive market activity, several largecap stocks achieved significant milestones by reaching new 52-week highs. These notable performances underline the growth potential and resilience of these companies, providing investors with attractive opportunities in the largecap segment.

The brokerage, in a note dated Oct. 13, said it now expects the benchmark index to hit 4,500 points by mid-2024, which implies an increase of about 4% from current levels.

On October 13, ETMarkets delved into 10 stocks showcasing a bullish trend with their RSI surging upwards. Discover the essence of Relative Strength Index (RSI) and how it can shape your investment decisions.

On October 13, ETMarkets highlights 6 stocks that are dwelling in the overbought zone while their RSI shows a declining trend. Discover how Relative Strength Index (RSI) can provide essential insights for investors.

In the ever-fluctuating world of stock markets, investors are always on the lookout for key indicators to guide their decisions. The Simple Moving Average (SMA) is one such vital indicator, and crossing the 100-day SMA can offer valuable insights into a stock's short to intermediate-term performance.

On October 13, ETMarkets spotlights 10 stocks that are cruising in the overbought zone. Discover the importance of Relative Strength Index (RSI) in assessing these stocks and how it can guide your investment decisions.

A close watch on mutual funds' activities in the stock market is important inorder to understand their behavior. Just as we take comfort in mutual funds investing in our preferred stocks, it's equally important to remain vigilant as and when they reduce their holdings. According to the most recent mutual fund analysis conducted by ETMarkets, in September, 6 stocks witnessed a decrease in holdings by over 10 mutual fund schemes compared to August. With the exception of ACC, the majority of these stocks have shown little to no price growth or have been underperforming in the fiscal year 2024 so far. (Data Source: ACE MF, ACE Equity)

The shares jumped as much 8% in intraday trade to hit a record high of Rs 939 on the BSE. Apart from Catamaran Ventures, Gokaldas boasts of other marquee investors including Motilal Oswal, HSBC, Goldman Sachs, ADIA

In the dynamic world of stock markets, investors often turn to key indicators to guide their investment decisions. The Simple Moving Average (SMA) is one such essential tool, and crossing the 50-day SMA is often seen as a significant event.

The report found that, while the percentage return is marginally higher for SIPs that started at the bottom of the market cycle, the absolute gain in rupee terms (wealth creation) is far higher for SIPs that began at the top.

Despite a lackluster trade, most mining stocks were trading in the green. Nifty constituent Coal India was up 1.36%, while The Orissa Minerals Development Company, Gujarat Mineral Development Corporation (GMDC), NMDC, Hindustan Zinc, Vedanta and MOIL gained between 4.50% and 0.22%.

"Paytm’s operating metrics have been surprisingly positive, and we are further raising our FY24-26E EBITDA estimates by 2-5%, with our target price moving to Rs 1,250 (was Rs1,200)," Goldman said, adding that it has a forecast of 30% YoY revenue growth for Paytm in Q2.

The celebrity investor reduced his stake in Safari Industries in the September-ended quarter to 2.1% from 2.29% in the April-June period. On Monday, the stock today fell over 1% to the day’s low of Rs 4,202.70 on the NSE. It has fallen over 6% in the last five trading sessions.

From being totally under the control of the bulls, Dalal street has seen occasional sightings of bears in the last four weeks. While the reasons have been different at various points of time, the first indication that bears might be getting up from their sleep are surely on the wall. So it would be better to add “ caution” to your dictionary when looking at the stock market. The caution is also getting reflected in the overall count of stocks which have seen an improvement in their score. Also more importantly, it is time to take a step back, think and then make a decision both when buying and selling any stock. 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.

The mining index rose 1.3% as prices of base metals were lifted by hopes of stronger demand from China after data last week signalled some signs of stabilisation in the world's second-largest economy.

Despite a lackluster trade, most mining stocks were trading in the green. Nifty constituent Coal India was up 1.36%, while The Orissa Minerals Development Company, Gujarat Mineral Development Corporation (GMDC), NMDC, Hindustan Zinc, Vedanta and MOIL gained between 4.50% and 0.22%.

Shares of MapmyIndia, formally known as CE Info Systems Ltd., have risen about 104% from the end of March, adding around $675 million in market value on demand for its consumer-facing app Mappls. Some analysts and investors are betting on the company’s domestic growth opportunity, while others view its price tag as a barrier.

Rakesh Gangwal has no intention of investing in SpiceJet, said a banker close to him. Gangwal was responding to media reports that said he plans to buy a stake in the low-fare carrier. “He still owns 25% in IndiGo. It doesn’t make the remotest sense for him to invest in SpiceJet,” said the banker.

In 2008, the IPO of a power company got subscribed in less than a minute of its opening and the size of that issue was Rs 11,563 crore. This just shows the desire to own power sector stocks at that point of time. From those days of frenzy to the nadir in 2014, when power companies were on the top of the list of NPA of the banks. Power companies have seen both the extreme of valuations. It is a sector where after many failures and to some extent a consolidation, some companies have emerged which know how to deal with all kinds of economic and industry cycles. That is probably the reason why a number of companies from the power sector have seen a sharp re-rating in the last one year. Hoping the survivors have learnt their lessons.

Its revenue from operations for the second quarter of FY24 saw a 66.32% growth, reaching Rs 805 crore compared to Rs 484.4 crore in Q2FY23.

Notably, the Nifty-50 surpassed the milestone of 20,000 and the BSE Sensex exceeded the 67,800 mark in Sep’23.

Shares of MapmyIndia, formally known as CE Info Systems Ltd., have risen about 104% from the end of March, adding around $675 million in market value on demand for its consumer-facing app Mappls. Some analysts and investors are betting on the company’s domestic growth opportunity, while others view its price tag as a barrier.

"Companies flexed a few levers to defend margins. These include raising utilization rates, increasing productivity measures, lowering the average cost of resources, further cutting subcon costs (sufficiently optimized by now), and managing SG&A," said Kotak's Kawaljeet Saluja. Analysts are building in 60-110 bps margin expansion over FY2024-26E for TCS, Infosys, and HCL Tech.

Short-term traders can look to buy the stock now for a target of Rs 122 in the next 3-4 weeks, suggest experts.

Nifty opened on the negative zone and showed no strength for most part of the day. It did try to move into the positive territory for a while but gave that up to close the day.

The company witnessed like-to-like (LTL) consumption growth of 10% in the first half of the current financial year, and brokerage ICICI Securities expects the company to achieve a 17% CAGR growth in rental income over FY20-25, resulting in Rs 22.4 billion of rental income in FY25E versus Rs 10.3 billion in FY20.

Indian equity markets opened lower for the third consecutive session on Monday amid a decline in global markets and a rise in oil prices due to nervousness around escalating violence in the Middle East.The BSE Sensex was trading 154 points or 0.23% lower at 66,128. Nifty50 was trading at 19,712, down 39 points or 0.20% at around 9.19 am.

HDFC Life reported consolidated net profit of Rs 378 crore for the second quarter ended September 2023, which is higher by 15%, compared with Rs 329 crore posted in the same quarter last year.

Jefferies maintained a hold rating on Avenue Supermarts (D-Mart) but raised the target price to Rs 3850 from Rs 3700 earlier post September quarter results.

Avenue Supermarts on Saturday reported a consolidated net profit of Rs 623.35 crore for the quarter ended September 30, 2023, which was down by over 9% from Rs 685.71 crore reported by the company in the corresponding period of the previous financial year. The company which operates DMart reported a consolidated revenue from operations at Rs 12,624 crore which was up by 18.66% from Rs 10,638.33 reported by the company in Q2FY23.

The notice, issued under goods and services tax (GST) acts from 2017, deals another blow to the gaming company which is already contending with the federal government's elevated levies.

Over two 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 13, Friday. 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 0.02% from 10.62 to 10.61 levels on Friday. Volatility cooled off in the week and paved the way for the bulls to strengthen in the market.

Equity indices logged the second consecutive weekly gains week in a row, led by realty and auto stocks, while IT and banks declined the most. Analysts expect markets to remain range-bound for next week, as they will take further cues from a surge in crude oil prices, the Israel conflict and banks' quarterly results.Here are seven technical stocks that can rally up to 25% in the near term.

From the Sensex pack, Asian Paints, Reliance Industries, Nestle, IndusInd Bank, and HDFC Bank opened lower, while HCL Tech, Infosys, Maruti, and NTPC opened higher.

In the NSE list of stocks with a market cap of over Rs 1,000 crore, seven stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on October 13, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

Stocks that were in focus included names like HDFC AMC, which rose 3.52%, Britannia, which fell 2.23%, and Tata Consumer, whose shares jumped 2.15% on Friday.

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 ICICI Bank and Avenue Supermarts, while Nooresh Merani has a buy/sell recommendation on Power Grid and Indusind Bank for today's trading session. Check out the targets and stoploss.

In the NSE list of stocks, three stocks with a market cap of over Rs 100 crore are witnessing Golden Crossovers, according to stockedge.com's technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks' 50-day simple moving averages (SMA) crossed their 200-day SMAs on October 13.

S&P 500 E-Mini futures edged up after they opened on Sunday, last up 0.2%, while oil prices were virtually unchanged.

With 500 billion yuan worth of MLF loans maturing, the PBOC is injecting fresh liquidity into the banking system. Market watchers polled by Reuters last week predicted no change to the MLF rate.

Brent crude futures reached a new recent high of $91.20 on Monday before easing back slightly to $90.84, following Friday's 5.7% surge.

GIFT Nifty on the NSE IX traded 27 points, or 0.14 per cent, higher at 19,727.50, 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.

In the Nifty200 pack, we have collated a list of four stocks that witnessed a 5-year swing high at the close on October 13, suggesting bullishness in counters, according to stockedge.com's technical scan data. Take a look.A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond. This occurrence may be seen as a bullish sign, indicating the potential for further upward movement in the stock.However, it's worth noting that this is different from a 5-year breakout, which occurs when a stock's price surpasses a key resistance level that has held for five years.