India VIX was down by 2.81% from 11.13 to 10.81 levels in the previous trading session. Volatility fell and has been hovering at its lower band for the last six months.

From the Sensex pack, SBI, Bajaj Finserv, IndusInd Bank, Bajaj Finance, Maruti, and L&T opened with gains, while Power Grid, Wipro, HUL, Titan, and Asian Paints opened in the red.

The Nifty remained in the negative zone for the second day.

UBS maintained a buy rating on IndusInd Bank with a target of Rs 1800. The company is on track to improve earnings quality.

GIFT Nifty on the NSE IX traded 30.5 points, or 0.16 per cent, higher at 19,692.5, signaling that Dalal Street was headed for positive start on Friday. Here's a slew of stocks that will be in focus today for various reasons.

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%.

ICICI Bank’s daily trend is sideways. The RSI for weekly and daily is showing sideways momentum, however, RSI for monthly is showing bullish momentum. Based on option chain analysis, the range is between 950 and 1000. Let’s plan a trade around this.

Stocks that were in focus included names like Apollo Tyres, which fell 2.89%, SJVN, which dropped 12.91%, and Nykaa, whose shares declined 2.27% on Thursday.

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 21.

In the NSE list of stocks with a market cap of over Rs 1000 crore, three stocks close prices crossed above their 200 DMA (Daily Moving Averages) on September 21, 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.

Markets are focusing on comments from Governor Kazuo Ueda's post-meeting briefing for clues on how soon the bank could phase out the massive stimulus programme of his predecessor. As widely expected, the BOJ maintained its short-term interest rate target of -0.1% and that for the 10-year bond yield around 0% at a two-day meeting that ended 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 Adani Ports and PI Inds, while Kush Bohra has a buy/sell recommendation on UPL and GATI for today's trading session. Check out the targets and stoploss.

In the NSE list of stocks with a market cap of over Rs 1,000 crore, we have collated a list of four stocks that witnessed a 5-year swing high at the close on September 21, 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.

The Bank of Japan is due to announce its latest policy decision around midday in Tokyo, adding to nerves after Governor Kazuo Ueda hinted in a newspaper interview earlier this month that an end to negative interest rates could come as early as this year.

A Reuters poll for September showed most economists predicting an end to negative interest rates in 2024. Prospects of a rate hike have helped pushed up Japan's 10-year government bond yield to a fresh decade-high on Thursday.

Roadzen has partnered with global automotive players, including Mercedes, Audi, Volvo-Eicher, Mitsubishi, Skoda, Seat, Renault, and Dacia, major insurers such as Axa, Societe Generale, and Arch, and fleet companies such as CJ Darcl.

The S&P 500 dropped 1.6% overnight and is down 2.7% in a week when policymakers were at pains to sound hawkish, even if a peak in rates is near. Federal Reserve officials lifted their 2024 rates projections, forcing investors to dial back bets on cuts next year and driving two-year yields above 5.2%.

An unexpected 9% drop in initial U.S. jobless claims, to the lowest level in eight months, played into the Fed's notion that the labor market remains too tight, putting upward pressure on wages, and the economy is resilient enough to withstand higher rates for longer.

On broader charts, IPCA Laboratories stock has given afresh breakout above the falling trend line of downward sloping channel, which suggests for limited downside in prices. Traders can buy for a target of Rs 1080 and a stop loss of Rs 830,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.

The net long position of foreign portfolio investors decreased from Rs 33,913 crore on Wednesday to Rs 22,565 crore on Thursday.

India's JSW Steel Ltd , is slowing down the process to buy a stake in the steelmaking coal unit of Canada's Teck Resources, Reuters reported, in the first sign that a diplomatic spat is affecting trade ties.

Glenmark Pharma’s stake in the leading active pharmaceutical ingredient (API) platform will drop to 7.84% from 82.84%. The transaction values the company at Rs 7,535.4 crore, a slight discount to the current market value of Rs 7,683 crore. The acquisition will trigger a mandatory open offer to all public shareholders of GLS for an additional 17%.

After selling metals and mining shares worth ₹7,000 crore in August, FPIs offloaded another ₹4,556 crore worth of shares in the sector. Overseas investors also sold power shares worth ₹4,153 crore after they allocated a dominant ₹11,563 crore to the sector stocks in August.

As per the final directions released on Thursday has stipulated that these financial institutions maintain a total minimum total capital of 9 percent under the first pillar. While they are required to maintain a minimum common equity capital of 5.5 percent and minimum tier1 capital of 7 percent.

The government will sell 174 million shares or 4.92% stake in the state-owned company at a floor price of ₹69 per share through a two-day offer for sale. Shares will be sold to retail investors on Friday, the second day of the OFS.

"Azure Power will need $700 million to deliver the next three power projects including 700 MW solar, 120 MW wind and 150 MW hybrid project," said a company spokesperson. "To deliver the projects by next financial year, Azure will have to bring in part equity and raise debt. The company is relying on several sources to meet the capital need."

NSE's Nifty fell 159.05 points or 0.8% to close at 19,742.35. BSE's Sensex declined 570.60 points or 0.85% to end at 66,230.24. Both indices have dropped close to 2.4% in the past three trading sessions after hitting record highs last week.

In 2018, in line with that year's budget, Sebi said large corporates had to raise at least 25% of incremental borrowings during the financial year by issuing debt securities. The move was aimed at deepening the corporate bond market.

The stock rose from Rs 731 on 20 June to Rs 913 recorded on 20 September, which translates into an upside of 24% in 3 months. It hit a fresh 52-week high of Rs 954 on 18 September but witnessed some profit-taking thereafter, largely in line with the trend seen in broader markets