A decisive decline below this level could potentially drive the index towards 43,800/43,500. On the upside, 45,000 is likely to provide strong resistance,” he said.

Friday’s up move in nifty might make some think that correction is over, but if one looks at the intra day move, the fall from high of the day, where nifty lost half of its gains indicates that possibility of bulls might still face obstacles. In such conditions, it would be better to add the words like portfolio rejig, caution, fundamentals and valuations to one’s thought process while buying stocks. Probably, rejigging the portfolio would be a better option. Refinitiv’s Stock Report Plus which lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".

It is not very common to see tailwinds emerging for an industry at a time when it is ideal to own stocks from that space. But in the case of pharmaceutical companies, tailwinds have emerged at a time when valuations of the overall market are expensive and it makes sense to look at pharma stocks as they tend to act as defensive stocks in volatile times with bearish bias. However they should not be clubbed together; each company has its own operating matrix. A company which has a strong domestic brand in the generic drugs segment, will not be getting impacted by what is happening in the US pharma market or what USFDA does. But yes, if it might be impacted by what happens in China.

Friday’s up move in nifty might make some think that correction is over, but if one looks at the intra day move, the fall from high of the day, where nifty lost half of its gains indicates that possibility of bulls might still face obstacles. In such conditions, it would be better to add the words like portfolio rejig, caution, fundamentals and valuations to one’s thought process while buying stocks. Probably, rejigging the portfolio would be a better option. Refinitiv’s Stock Report Plus which lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".

After many months of strong rally, for the last three weeks, the stock market has witnessed what can be called a correction. It has been different from previous corrective moves, along with nifty and sensex, even the broader market breadth in mid and small cap segment saw stocks shedding weight. In such times, if one is looking to buy stocks it would be better to look at stocks where some fundamentals developments have made analysts turn bullish on them. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

In the run-up to the festive season, here's a look at how different segments from the auto sector have performed. (Data Source: ET NOW)

Agilus Diagnostics, formerly known as SRL Ltd, is one of the largest diagnostics service providers in terms of number of laboratories and the second largest in terms of revenue from operations in India, as of financial year ended March 31, 2023, according to a Crisil report.

This stage signals the concept of death or declines within the market cycle. Investors lose money and focus on re-evaluating their strategies and risk tolerance just like devotees focus on reflecting on their obstacles in life.

In the large cap segment, 15 companies witnessed significant block deals on the screen which were worth Rs 5,677 crore led by HDFC Bank with a 40 block counts totalling to Rs 1,571 crore. The next in line were ICICI Bank (Rs 870 crore), Tube Investments of India (Rs 589 crore), Kotak Mahindra Bank (Rs 394 crore) and Reliance Industries (Rs 339 crore).

Seven megacap stocks -- Apple, Microsoft, Alphabet, Amazon, Nvidia, Tesla and Meta Platforms -- have led broader markets higher this year. As of Tuesday, these stocks accounted for more than 80% of the S&P 500's total return for 2023.

Lenders have been looking to improve efficiency and scale back less important bets, to better navigate the uncertainty as the Federal Reserve tries to engineer a soft landing for the U.S. economy.

A host of brokerage firms have initiated coverage on several stocks. They see a strong potential in these companies, which include Bank of Baroda, IIFL Finance, IRCON International, and Rainbow Children's Medicare, with a targeted upside of up to 95%. Here is a list of 7 stocks on which brokerages initiated coverage:

The official purchasing managers' index (PMI) rose to 50.2 in September from 49.7, according to the National Bureau of Statistics, edging above the 50-point level demarcating contraction from expansion. The reading beat a forecast of 50.0.

The main trigger for the company was that it developed its own branded Laptop and Micro PC in the market that matches international quality and performance. ITI Ltd was followed by Omaxe, whose shares gained 64% and Jai Balaji Industries, which rose 61% in September. IFCI, GTL Infrastructure and NIIT are the other stocks in the smallcap pack which have delivered over 50% returns to investors in September.

Lenders have been looking to improve efficiency and scale back less important bets, to better navigate the uncertainty as the Federal Reserve tries to engineer a soft landing for the U.S. economy.

Valkyrie announced Thursday it had received the green light to acquire ethereum futures contracts as part of the conversion of an existing ETF tied only to Bitcoin to include ethereum. It would have been the first in a series of ETFs to offer exposure to "ether."

U.S. government bond yields ended September with their biggest quarterly rises in a year, disappointing fund managers who were hoping for relief from the historic losses bonds suffered in 2022, when the U.S. Federal Reserve and other central banks raised interest rates to contain surging inflation.

Core prices edged up 0.1% from July to August, down from July's 0.2%. It was the smallest monthly increase since November 2020. Compared with a year ago, core prices were up 3.9%, below July's reading of 4.2%. That was the slowest such increase in two years.

Crypto jacking, the unauthorized use of individuals' computing resources for Crypto mining, saw a global surge, surpassing 300 million incidents by June 2023, as reported by Sonicwall.com. Although less prevalent in India, it remains a concerning issue.

That’s the view from nine of 15 respondents in an informal Bloomberg News survey of analysts and money managers based in Hong Kong and mainland China. Six of them listed housing woes as the biggest risk for equities for the final quarter of 2023. Geopolitical tensions emerged as the second-biggest concern.

Seven megacap stocks -- Apple, Microsoft, Alphabet, Amazon, Nvidia, Tesla and Meta Platforms -- have led broader markets higher this year. As of Tuesday, these stocks accounted for more than 80% of the S&P 500's total return for 2023.

Put another way, the Federal Reserve’s restrictive monetary policy is tightening financial conditions by design. The two-month damage to stocks thanks to even higher longer-term bond yields — while the US dollar soars — has pushed a Goldman Sachs Group Inc. index of cross-asset health to the most sluggish level of the year.

If that wasn't enough to kick off the final quarter of 2023, there's central bank meetings from Australia to Poland and closely-watched U.S. jobs data - if not delayed by a shutdown.

Avanti Feeds is a manufacturer and exporter of aqua feeds. The company manufactures and sells feed for prawn, shrimp and fish. The company's shrimp processing and exports product portfolio includes raw shrimps, shrimp rings, fish meals, cooked shrimps, skewers, marinated products.

The S&P 500 and Nasdaq posted their biggest monthly percentage drops of the year, while all three major indexes had their first quarterly declines in 2023.

V Anantha Nageswaran said that India is unlikely to witness higher growth like it had seen between 2003 and 2008 when the economy grew 8.5-9%, supported by benign global conditions.

It is now thought that the UK economy grew by 1.8 % between the final quarter of 2019 -- or before the start of the Covid pandemic -- and the second quarter of this year, the ONS added Friday. It previously said the UK economy had shrunk slightly over the period.

The inflation drop was broad-based, with all price categories growing at a slower pace and energy prices falling outright for a fifth consecutive month. A separate report showed German import prices - which tend to lead consumer prices because Germany sources many intermediate products and raw materials from abroad - recorded in August the largest year-on-year decline since November 1986.

Private equity firm True North has agreed to sell a 20% stake in health insurance firm Niva Bupa to joint venture partner Bupa for approximately INR 2,700 crore ($362 million). The transaction is subject to regulatory approval. Following the deal, Bupa's shareholding in Niva Bupa will increase to around 63%, making it the majority shareholder.

Vedanta Ltd, the Indian subsidiary of Vedanta Resources, has raised ₹2,500 crore through non-convertible debentures with an interest rate of 12%. The funds will be used for capital expenditure or loan repayment. Vedanta Resources, the parent company, has been downgraded by S&P Global Ratings due to debt issues and a funding gap of $600 million.

Zee-Sony merger: Legal procedures may be the primary reason for the delay, experts said. The Tokyo-based conglomerate, which is Japan's fourth-biggest company by market value, didn't give specific reasons behind the delay in closing the transaction. Sony had earlier said it anticipated the merger to be concluded by September this year.