Even as the market both at an index level and market breadth level witnesses a correction.analysts are bullish on certain large cap stocks.Stocks from different sectors are making to the list, this week, stocks from private banks, aviation, insurance and fertilizer and oil sector. 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.

Over two dozen stocks' RSI is trending up. ETMarkets has picked five largecap stocks from the pack to give insights about their movement trends as on September 25, Monday. 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)

Ahead of the listing today, Digant Haria, GreenEdge Wealth told ETMarkets that Nuvama Wealth certainly deserved a look because wealth management as a space is expanding and the good part about wealth management is that it is agnostic to products.

The stock hit a record high of 228.90 on 23 January 2015 but it failed to hold on to the momentum and witnessed a steep fall which took the stock towards 26 in May 2020.

The stock has lost more than 23% in the last two sessions, after the company received a notice from the government to pay tax of Rs 111.4 billion along with interest and penalty for the period July 2017 to March 2022, on Friday.

The likely improvement in its UK cost structure and the relatively better performing Dutch operations will ensure, in Moody's view, Tata Steel's solid credit profile, even as steel prices remain soft and global steel demand weakens amid rising interest rates and a weak economic outlook in most end-user markets.

TATA Steel’s daily trend is sideways. The RSI for daily is showing sideways momentum, however, RSI for monthly and weekly are showing bullish momentum. Based on option chain analysis, the range is between 125 and 130. Let’s plan a trade around this.

India envisions a future where 30% of new vehicle sales will be electric by 2030. A substantial amount of battery storage is needed to facilitate this shift - a staggering 34 GW or 136 GWh to support the additional 450 GW of renewables.

The products include five new ETFs from Capital Group, a cluster of eight from Brookstone Asset Management, and two from Dimensional Fund Advisors. Dimensional, which had been wary of ETFs until very recently, since 2020 has been converting some of its actively-managed mutual funds into ETFs and launching new products.

The news comes after Evergrande said on the weekend that it was unable to issue new debt due to an ongoing investigation into Hengda, sending Evergrande's share price plunging 22% on Monday.

While the finer details on Mukesh Ambani's gameplan in the financial services sector is yet to be made public, Jio Financial has plans to foray into consumer, merchant and MSME lending. Market reports suggest that the company has already started consumer lending pilots in consumer durable and lifestyle stores owned by Reliance Retail.

Jefferies maintained a hold rating on Dixon Technologies with a target price of Rs 5050. It maintained a buy on Amber Enterprises with a target price of Rs 3740.

A study of 20 years of data analyzing the performance of Dalal Street's biggest multibaggers shows that stocks like PI Industries, Bajaj Finance, Titan and Havells India have surged up to 6,485 times. Other top wealth creators from the list include Deepak Nitrite, Balkrishna Industries, Navin Fluorine, Hatsun Agro, and Relaxo Footwear.Here's a list of 10 mega multibagger stocks that gave up to 6,485 times return in 20 years, as per ICICI Securities report:

On the options front, the maximum Call OI is placed at 19800 and then towards 20000 strikes while the maximum Put OI is placed at 19500 and then towards 19700 strikes. Call writing is seen at 19700 and then towards 19800 strikes while Put writing is seen at 19600 and then towards 19500 strikes.

Shares of PSU Bharat Heavy Electricals Limited (BHEL), which manufactures power generation equipment, has grown 77% so far in FY24, while JSW Energy is also up 75%. Investors are also paying attention to PSU utilities like NTPC and NHPC, which have given returns of 36% and 30% in FY24, as they look inexpensive and come with good dividend yields.

The Nifty started off on a flat note after trading flat in the first hour of the session. Later it slipped into negative territory from a low point of the day near 19,600 levels. A recovery followed; the index rebounded over 125 points from its low level. This recovery was not sustained and after spending the remainder of the session in a capped range, the headline index closed flat with a negligible gain.

The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%. Traders who trade in indices do not encounter a situation of security ban.

GIFT Nifty on the NSE IX traded lower by 59.5 points, or 0.30 per cent, at 19,669, signaling that Dalal Street was headed for negative 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 MCX and Indiamart, while Nooresh Merani has a buy/sell recommendation on MCX and GAIL for today's trading session. Check out the targets and stoploss.

In the NSE list of stocks, four stocks with a market cap of over Rs 1000 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 September 25.

From the Sensex stocks, Tata Steel, L&T, UltraTech Cement, and Titan opened in the green, while TCS, Asian Paints, Kotak Bank, and Axis Bank opened in the red.

Sensex flat, Nifty holds above 19,650; KRBL jumps 3%, Delta Corp tanks 5%; Tata Steel, L&T, Titan are some of the gainers in the morning trade.

In the NSE list of stocks with a market cap of over Rs 1000 crore, six stocks close prices crossed above their 200 DMA (Daily Moving Averages) on September 25, 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.

Market is tired, bulls are on break, waiting for the next cue, ET Now's Nikunj Dalmia decodes the market setup.

After a tumultuous week for stocks as Treasury yields hit 16-year highs, all three major U.S. stock indexes posted weekly losses, with the S&P 500 and the Nasdaq registering their largest Friday-to-Friday percentage drops since March.

Minneapolis Federal Reserve Bank President Neel Kashkari on Monday said that given the surprising resilience in the U.S. economy, the Fed probably needs to raise rates another quarter of a percentage point and keep rates high for some time.

Stocks that were in focus included names like Ircon, which rose 1.24%, Delta Corp, which fell 17%, and Union Bank, whose shares jumped 1.89% on Monday.

In the Nifty500 pack, we have collated a list of four stocks that witnessed a 5-year swing high at the close on September 25, 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.

Investors are grappling with the rise in benchmark Treasury yields to 16-year highs after the Fed gave a hawkish longer-term rate outlook. The S&P 500 rebounded on Monday after last week it had its biggest weekly drop since March.

That means delays in the release of key data, including the retail sales, housing starts and new home sales reports for September. Depending on the duration of the shutdown, the release of the first estimate of third-quarter GDP due in late October could also be delayed.