Discover the significance of the overbought zone as we explore 10 stocks that have entered this territory. ETMarkets sheds light on Relative Strength Index (RSI) and why it plays a crucial role in stock assessment.

The deadline to confirm, deny, or clarify any market rumour reported in the mainstream media has been extended to February 1, 2024 for top 100 listed companies by market capitalisation, as per the circular.

The market capitalisation of all listed companies on BSE increased by Rs 3.57 lakh crore to Rs 319.75 lakh crore

Discover the significance of the Golden Crossover, a powerful indicator signaling potential stock growth. ETMarkets investigates 10 stocks that have recently witnessed this bullish pattern, shedding light on the importance of informed investment decisions.

Closing Bell: Sensex surges 600 pts, regains 66K as global markets rebound; Nifty near 19,700; Airtel jumps 3%, JSW Steel 2%

Benchmark index Sensex holds the credit of hosting only large, stable companies with excellent reputations. Investing in these stocks can be a prudent portfolio choice because of their expected strong financial performance and perceived reliability.While blue-chip stocks are generally resilient in various market conditions, there are no guarantees. If you monitor the market regularly, consider investing in stocks that consistently outperform benchmarks.In the past decade, Sensex had gained 224%, and 23 out of 30 stocks had outperformed it. However, the annual outperformance varies significantly. ETMarkets has identified 7 Sensex stocks that have outperformed the benchmark index 7 or more times over the past 10 years. Bajaj Finance, for instance, has outperformed Sensex 9 times in the last 10 calendar years. An investor who anticipates the Sensex to maintain its upward momentum in the upcoming years should closely monitor these consistent outperformers. (Data Source: ACE Equity)

Surpassing the 20-day SMA is a significant technical achievement that often signals short-term trends in the stock market.

Surpassing the 50-day SMA is a significant technical achievement that often signals short to medium-term trends in the stock market.

The price action was accompanied with strong volume as more than 69.32 lakh shares changed hands on the NSE around 12:50 pm, with the total traded value of the stock standing at Rs 520.11 crore.

The price action was accompanied with strong volume as more than 69.32 lakh shares changed hands on the NSE around 12:50 pm, with the total traded value of the stock standing at Rs 520.11 crore.

"The decline in the dollar index to 105.95 and the US 10-year bond yield falling to 4.65 from the recent high of 4.88 are positive developments for equity markets. Even though FIIs continue to sell in India, the intensity of selling is coming down. More importantly. DIIs are increasing their purchases," said Dr V K Vijayakumar of Geojit Financial Services.

After 6 months of relentless rally, mid-cap stocks witnessed some correction in the last three to four weeks. Will this correction last longer would depend on a couple of things. First earnings in this space and second foreign institutional investor ( FII) flows over the next two months and third is state elections results. At this point of time analysts are bullish on select midcap stocks, ones which have seen their score improving. Stocks from sugar, infrastructure and engineering are on the list. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.

The bidding procedure for smart meters has already started in many State Electricity Boards (SEBs), demonstrating the benefits of the 'Reforms-Based, Result-Linked Power Distribution Sector Scheme.'

Editor's Take: "This isn't Russia-Ukraine crisis; unlikely to have a large impact on financial markets," Says Nikunj Dalmia. Wall Street Shrugs Off Geopolitical Tensions. Crude Prices, NAT Gas Prices Soar Further. Safe Haven $, Gold Gain Amid Volatility. Nifty Snaps 2-Day Gaining Streak. Indian 10-Year GSEC Hardens To 7.37%.

From Sensex stocks, Bajaj Finance, Tata Steel, and Tata Motors were the top gainers, rising over 1% each. M&M, Titan, NTPC, and JSW Steel also opened higher. While only TCS and Sun Pharma opened in the red.

Junk food is bad for health, but having it once in a while is ok. Similarly, having some exposure to the companies which are selling them also may not be bad for one's portfolio, From having only two listed companies, Jubilant and Westlife, the OSR space saw many other players getting listed on the bourse in the last three years. After initial euphoria in which they got very high valuation, these stocks have not been in the limelight for some time. Partially because of valuations being high, but also because of the fact the churn in the shareholding which is held by private equity players is still in process of taking place. Will these stocks make a comeback in this festive season?

"In the current global scenario, Coal India (CIL) is a pure domestic play potentially offering the triple benefits of volume growth, improved e-auction prices and possibly all-time high dividend in H2FY24. With the monsoon receding and hydro/wind generation falling, demand for thermal power is set to rise further in H2FY24," the Nuvama note said.

After a correction, Nifty is once making an attempt to move into a range bound mode. During this period, one should keep an eye on market breadth as it would give more reliable indication of market conditions. During this period analysts are bullish on certain large cap stocks. Stocks from different sectors are making to the list, this week, stocks from Oil refining and marketing, private banks, aviation, insurance, auto ancillary and fertilizer space. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". The screener applies different algorithms for all BSE and NSE stocks.

Mazagon Dock Shipbuilders informed exchanges about receiving the Letter of Intent (LOI) from the European client on Monday after market hours.

Haifa Port is a profit-making port focused on bulk and containers, with scope for operating leverage by reducing employee costs, per its retirement plan, and long-term real estate development upside.

Mazagon Dock Shipbuilders informed exchanges about receiving the Letter of Intent (LOI) from the European client on Monday after market hours.

Several brokerages are bullish on a number of stocks from different sectors, such as logistics, insurance, and chemicals. Trendlyne data shows that 8 stocks, including Delhivery, Zomato, LIC, and GR Infraprojects have high analyst ratings and can deliver up to 42%. Here's a list of these stocks:

State Bank of India’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 550 and 600. Let’s plan a trade around this.

Wonderla’s competitive edge stems from its superior brand recall, focus on hygiene, in-house ride manufacturing capabilities, and strategically located parks, with three mature parks as strategic assets.

Titan Company, which is also part of the S&P BSE Sensex bounced back after taking support above the 50-EMA on the daily charts. It is also trading in an Ascending channel pattern.

From Sensex stocks, Bajaj Finance, Tata Steel, and Tata Motors were the top gainers, rising over 1% each. M&M, Titan, NTPC, and JSW Steel also opened higher. While only TCS and Sun Pharma opened in the red.

Several brokerages are bullish on a number of stocks from different sectors, such as logistics, insurance, and chemicals. Trendlyne data shows that 8 stocks, including Delhivery, Zomato, LIC, and GR Infraprojects have high analyst ratings and can deliver up to 42%. Here's a list of these stocks:

The Nifty was weak throughout the day. It stayed in a range and closed the day with a net loss.

Sensex rises 300 points, Nifty tops 19,600; Mazagon Dock rallies 6%, ICICI Pru tanks 6%; Vodafone Idea, Infibeam Avenues, Indian Overseas Bank are some of the gainers in the morning trade.

Country Garden -- one of China's biggest property developers -- had racked up debts estimated at 1.43 trillion yuan ($196 billion) by the end of 2022. Its cash flow problems have ignited fears that it could collapse with consequences for China's economy, which is already suffering from record-high youth unemployment, flagging consumption and a broader crisis in the real estate sector.

GIFT Nifty on the NSE IX traded higher by 19 points, or 0.10 per cent, at 19619.50, signaling that Dalal Street was headed for positive start on Tuesday. 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 MRS Bectors Food and IPCA Labs, while Nooresh Merani has a buy/sell recommendation on Indusind Bank and Power Grid for today's trading session. Check out the targets and stoploss.

Meanwhile, Morgan Stanley and DAM Capital have maintained an ‘Overweight’ and ‘Buy’ views on RIL and Escorts, respectively, for these reasons.

Seven 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 9, Monday, 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 19 days to compute RSI. Furthermore, RSI also enables an understanding of the stock’s overvalued or oversold state.

India VIX was up by 10.68% from 10.30 to 11.40 levels on Monday. Volatility spiked above 11.6 zones and gave room to the bears at make-or-break index levels.

About 70% of the Rs 1.44 lakh crore of inflows made their way into financial services, capital goods, automobile and auto ancillaries, data by NSDL showed.

The Sensex and Nifty 50 finished 0.7% down at 65512.39 points and 19512.35 points, respectively.

In the NSE list of stocks with a market cap of over Rs 100 crore, five stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on October 9, 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.

In the Nifty500 pack, we have collated a list of three stocks that witnessed a 5-year swing high at the close on October 9, 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.

In the NSE list of stocks, six 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 9.

Top Fed officials indicated on Monday that rising Treasury yields could steer the Fed from further rate increases, helping to spur a rise in bond prices after those markets had been closed the previous day in the U.S. and Tokyo.

The search for new capital could affect Asia's hedge fund scene, where China firms account for more than half the market. Brokers and ancillary firms could change their focus to provide for Middle East-related services.

Gill said he remained critical of the slow pace of debt restructurings under the Group of 20 Common Framework for restructuring the debt of the poorest countries, and said it was critical to speed up those processes.

The firm also said it had not been able to repay a debt of HK$470 million ($60 million).

After dropping 15 basis points at the open, 10-year yields were 12.5 bps lower at 4.66% at 1235 GMT. Two-year yields also dived more than 13 bps to a one-month low of 4.926% as short-term rate expectations were dialled back.

"The stock market and investors are focused on two things, the economy and earnings. The U.S. economy is not slowing and earnings are expected to come out of a recession with reports starting this week," Augustine said.

“Rising volume structure indicates a higher probability of a resumption of the uptrend in Sun TV stock. Traders can buy for a target of Rs 680 in the next 3-4 weeks and a stop can be placed below Rs 600,” Ruchit Jain, Lead Research, 5paisa.com, said.

The automaker is planning capital expenditure amounting to approximately Rs 1.25 lakh crore until 2030-31. The expansion plan involves expanding its current product lineup from 17 models to 28, while increasing its production capacity.

Bharti Airtel and Vodafone Idea have requested the Supreme Court to hear their curative petitions against an earlier order in the "open court." The telecom companies are seeking rectification of alleged arithmetical errors in the calculation of adjusted gross revenue (AGR) dues by the Department of Telecommunications. The operators argue that the previous judgement resulted in a "gross miscarriage of justice." They are specifically seeking the setting aside of penalties and interest on penalties in the provisional demands raised by the DoT. The AGR dues amount to a total of INR 1.47 lakh crore ($20 billion).

The Sensex dropped 483.24 points, or 0.73%, to close at 65,512.39 while Nifty declined 141.15 points, or 0.72%, to close at 19,512.35.