In 2023, the benchmark index Sensex gained approximately 8%. However, when we look at how well it did in each quarter of the year, we see different outcomes — Sensex went up about 9% in the June quarter, 1.5% in the September quarter, but went down by about 3% in the March quarter.ETMarkets has identified 8 stocks that consistently exhibited share price growth exceeding 25% in each of the past three quarters of the current calendar year. Our selection criteria included stocks with a market capitalization exceeding Rs 5,000 crore. Interestingly, all eight of these stocks have become multibaggers in 2023 so far, as per data from ACE Equity. Moreover, it's worth noting that all of these stocks exhibit exceptional strength in a SWOT analysis, according to Trendlyne data.

"Although RBI expects significant easing of inflation in September, food inflation is expected to remain high. Consequently, a rate cut in the near future remains unlikely. While this may unnerve the bond markets to some extent, the equity markets, though slightly disappointed, have other triggers in the near term to track and worry about," said Dhiraj Relli, MD & CEO, HDFC Securities.

In the last 24 hours, the crypto market has traded sideways with slight selling pressure. The crypto fear and greed index is up 2 points since yesterday and currently stands at the middle of the scale with a score of 50/100, said Parth Chaturvedi, Investments Lead, CoinSwitch Ventures.

"Further, the paracetamol API industry is expected to clock a 5-7% CAGR between FY23 and FY27," said analysts, while suggesting investors can hold the stock for the long term if they wish to.

It all started with climatic conditions turning adverse to rice crops in parts of Pakistan and China. Then came the issue of accessibility of ports due to the Ukraine war. It led to a sudden rise in the price of rice and some other agri commodities. Then came the reaction of the government, ban on exports of select quality and segment of rice. Will this bring an opportunity for rice exporting companies of India and also the retail investors ? If one looks at bottomline branded rice sellers, it has been better than expected. However the agri sector is not very well covered by analysts, not many stocks have a recommendation, probably because they are largely small and mid-cap in nature.

The Nifty auto index saw 14 advances with just one decline in Balkrishna Industries. The top gainer was Bharat Forge which was up 2%. Meanwhile, 7 stocks were up in the Nifty Realty index with 2 declines and 1 stock trading on a flat note.

Its total deposits grew 43% on year to Rs 29,134 crore in the September quarter, while sequentially, they were up 9%. Advances also surged 27% YoY and 5% QoQ to Rs 26,600 crore.

It all started with climatic conditions turning adverse to rice crops in parts of Pakistan and China. Then came the issue of accessibility of ports due to the Ukraine war. It led to a sudden rise in the price of rice and some other agri commodities. Then came the reaction of the government, ban on exports of select quality and segment of rice. Will this bring an opportunity for rice exporting companies of India and also the retail investors ? If one looks at bottomline branded rice sellers, it has been better than expected. However the agri sector is not very well covered by analysts, not many stocks have a recommendation, probably because they are largely small and mid-cap in nature.

A host of brokerage firms have initiated coverage on several stocks. They are bullish on these companies, which include Dabur India, Nexus Select Trust, Phoenix Mills, and CDSL, with a targeted upside of up to 65%. Here is a list of 7 stocks on which brokerages initiated coverage:

Whether it is upward or southward movement of Nifty or Sensex, it is largely led by financial services stocks which include banks, both private and public sector and other heavy weights which essentially are part of the financial services. The reason, high ownership of foreign portfolio investors ( FPI ) in the majority of financial services and banking stocks. The big difference this time has been the fact that while private banks are correcting, PSU banks have been able to outperform and have provided a counter to bears. If the PSU banks start to correct, will it lead to correction in overall markets ?

"We saw revenue growth of 32% for our India operations during Q2 FY2024 as compared to Q2 FY2023, led by robust operating momentum on the ground with healthy same-store-sales growth across all the key markets in the country despite the Adhik Maas period falling in the quarter from the 3rd week of July until the 3rd week of August, a once in a 3-year phenomenon during which wedding jewellery demand tends to take a pause," the company said in an exchange filing.

Over 50 stocks are trading with momentum indicator RSI trending up. ETMarkets has picked five largecap stocks in this pack to give insights about their movement trends on October 5, 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 15 days to compute RSI. Furthermore, RSI also enables an understanding of the stock’s overvalued or oversold state.

The company will issue 15,50,000 warrants on a preferential basis to promoter Bajaj Finserv, and this will be convertible into the equivalent number of shares. The warrants can be converted into equity shares within a period of 18 months from the date of allotment.

The monetary policy action was on the expected lines, and therefore, equities remained steady post the announcement. The Sensex was trading 324 points or 0.49% higher at 65,955.89, while the Nifty was steady above the 19,600 mark.. The Nifty Bank index also was trading 0.3% up at 44338.10 points.

Kotak Mahindra Capital is the banker handling the share sale, reports said. As of June-end, SoftBank, through its entity SVF Python II ( Cayman) Ltd, held a 4.39% stake in PB Fintech.

The stock hit a 52-week high of Rs 5362 on 28 July 2023, but it failed to hold the momentum. The stock finally found support above the 50-week moving average (above Rs 4700) on the weekly charts before bouncing back.

A host of brokerage firms have initiated coverage on several stocks. They are bullish on these companies, which include Dabur India, Nexus Select Trust, Phoenix Mills, and CDSL, with a targeted upside of up to 65%. Here is a list of 7 stocks on which brokerages initiated coverage:

Increased appetite for all things linked to the manufacturing of electric-vehicle batteries and other renewables equipment has been a boon for many markets. But in Asia’s third-largest economy, investors are betting those gains have further room to run thanks to Prime Minister Narendra Modi’s goal to reach net zero emissions by 2070.

The Nifty opened on a positive note and stayed positive throughout the day. The index closed with a modest gain.

The monetary policy action was on the expected lines, and therefore, equities remained steady post the announcement. The Sensex was trading 324 points or 0.49% higher at 65,955.89, while the Nifty was steady above the 19,600 mark.. The Nifty Bank index also was trading 0.3% up at 44338.10 points.

It is high time the investment world studied their spending aspirations and lifestyle preferences in greater depth, for these new-age custodians will largely dictate the business and commerce activities of tomorrow.

The fuel charge is applicable on domestic and international routes, and will be effective from October 6, the firm said in a statement.

Nifty stocks that are trading at a significant discount to their historical averages are ONGC (-45%), BPCL (-41%), Tata Steel (-38%), Apollo Hospital (-31%), and Eicher Motors (-28%). As a sector, PSU banks are trading at a P/B of 1.1x, at a 30% premium to its historical average of 0.8x while the consumer sector’s P/E of 41.7x implies a 4% premium to its 10-year average of 40x. Similarly, technology is trading at a P/E ratio of 23.2x, an 18% premium to its long-term average of 19.6x.

Power Grid Corporation of India’s daily trend is bullish to sideways. The RSI for daily is showing sideways momentum, however, the RSI for monthly and weekly are showing bullish momentum. Based on option chain analysis, the range is between 190 and 200. Let’s plan a trade around this.

If one looks at its 5-year performance, then Sapphire Foods’ revenue has grown from Rs 957 crore in FY18 to Rs 2,266 crore in FY23 at a CAGR of 19%, with 12% operating margins. From a loss of Rs 41 crore in FY18, the company returned to black with a profitof Rs 233 crore in FY23.

Sapphire Foods is one of the two franchisees of Yum! Brands (Yum) in India, which operates 358 KFC outlets and 302 Pizza Hut outlets in the country. Over the last 5 years, the company has seen significant recovery in earnings, led by store expansion and changing consumer preferences. Given that the earnings growth potential for the company is higher than that for other QSR players, Sandeep Raina of Nuvama recommends betting on the stock for long-term returns.

The Nifty opened on a positive note and stayed positive throughout the day. The index closed with a modest gain.

Valiant Labs is an active pharmaceutical ingredient (API/bulk drug manufacturing company, with a focus on producing Paracetamol. APIs serve as raw materials for manufacturing finished dosage forms or formulations.

The monetary policy action was on the expected lines, and therefore, equities remained steady post the announcement. The Sensex and Nifty 50 were trading 0.3% higher at 65840.46 points and 19611.35 points, respectively. The Nifty Bank index also was trading 0.3% up at 44338.10 points.

CLSA maintained a sell rating on Vodafone Idea with a target price of Rs 7. There is a continued share loss even in priority circles.

From the BSE Sensex, JSW Steel, Bajaj Finserv, Tata Steel, and Titan were the top gainers, rising 1-2%. Infosys, Bajaj Finance, NTPC and Tata Motors also opened higher. On the other hand, HUL, Bharti Airtel, Axis Bank, L&T, and Nestle opened in the red.

India VIX was down by 6.17% from 11.65 to 10.94 levels on Thursday. Volatility has been hovering in a choppy manner with absence of strength to the bulls.

The strong inflows from DIIs was offset by the outflows from FIIs and this saw benchmark indices shedding more than 2% in September.

Sensex rises over 200 pts ahead of RBI policy decision, Nifty above 19,600; Ujjivan SFB, IndiGo jump 2% each.

Indian equities saw a relief rally on Thursday following its global peers and healthy domestic service PMI data, Siddhartha Khemka, Head - Retail Research at Motilal Oswal Financial Services said. Markets saw a recovery after two days of fall amid stability in global indices following ease in US Bond yields and a fall in crude oil prices from their recent highs, Khemka said.

Ito said the BOJ's decision to raise the de-facto ceiling to 1.0% from 0.5% was made at the right time and reflected the bank's hopes of avoiding being forced to ramp up bond purchases.

Equity indices rebounded sharply on Thursday after sliding for the past two sessions. The 30-share BSE Sensex climbed 405 points to settle at 65,631, while Nifty advanced 109 points to end at 19,545.

In the NSE list of stocks, three stocks with a market cap of over Rs 200 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 5.

GIFT Nifty on the NSE IX traded 8.5 points, or 0.04 per cent, higher at 19,613.5, 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.

In the Nifty500 pack, three stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on October 5, 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.

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 Wonderla Holidays and MRPL, while Nooresh Merani has a buy/sell recommendation on HCL Technologies and Bandhan Bank for today's trading session. Check out the targets and stoploss.

Bond yields, which move inversely to prices, have surged due to expectations that interest rates will remain high because of a resilient economy, as well as concerns over rising fiscal deficits and increases in U.S. government bond supply.

Higher Treasury yields can curb investors' appetite for stocks and other risky assets by tightening financial conditions as they raise the cost of credit for companies and individuals.

Sliding oil prices have also provided some relief to markets, with Brent crude futures at $84.50 a barrel, some $13 or 13.5% cheaper than last week's 11-month high. [O/R]

"It looks like we're trying to hold here, and the reason is probably because yields have come down somewhat and these comments by Mary Daly may have also helped a little bit," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.

Adani Wilmar has reported double-digit volume growth of 11% (YoY) for the second quarter, on the back of large opportunities in packaged staple foods and strong execution.

“Dr Lal PathLabs stock has formed a double bottom pattern on weekly charts which is a reversal pattern in nature. Traders can buy for a target of Rs 2875 in the next 3-6 months,” Gaurav Bissa, VP, InCred Equities, said.

A Deloitte study on CEO compensation at Nifty 50 companies reveals that nearly half of the chief executives earned over ₹20 crore in FY23, compared to 27% five years ago. Additionally, half of the promoter-incumbents earned over ₹20 crore in FY23, compared to 33% in FY18. The study also highlights that CEO compensation in India has grown 12% annually over the past five years, more than double the growth observed in the US. Pay for performance remains a focus, with over half of CEO compensation being linked to performance.

Temasek first bought a 10% stake in Tata Play, which was earlier known as Tata Sky, for a reported '250 crore in 2007. Experts say that the DTH business has been under stress due to subscriber churn from pay-DTH to DD Free Dish and over-the-top platforms.

Cricket attracts over 85% of all sports-related sponsorship and media spending in India. The brokerage said the last edition in 2019 saw 750 million unique viewers and 14 billion hours of total viewing time.