Among Sensex stocks, Bharti Airtel, HDFC, HUL, Nestle, Reliance and M&M were the top laggards. L&T, IndusInd Bank, Axis Bank and ICICI Bank also opened with cuts. However, Tata Motors, Tata Steel, Titan, Infosys and HCL Tech opened with gains.

Sensex falls 100 points, Nifty nears 17,850; Bharti Airtel drops 3%, Adani Wilmar rises 3%; YES Bank, Tata Steel, Vodafone Idea, Bharti Airtel are some of the top movers in morning trade.

Goldman Sachs maintained a buy rating on PVR for a target of Rs 2250. It was a subdued quarter which is not indicative of underlying weakness. The risk-to-reward ratio is attractive. Improving content slate, and strong pricing power are key triggers for PVR.

It was a bearish day for the markets. On Tuesday, the Nifty opened on a somewhat positive note but ended up in the negative territory.

IndusInd Bank’ daily trend is sideways. Also, RSI for monthly and daily are indicating a sideways trend. Based on option chain analysis, the range is between 1200 and 1300. Let’s plan a trade around this.

“Options data suggests a shift in the trading range in between 17600 to 18300 zones while an immediate trading range in between 17700 to 18200 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.

ET Now spoke to various experts and here's what they have to recommend for today's trading session. Nooresh Merani has a buy/sell recommendation on Petronet and Indigo while Kunal Bothra has a buy/sell recommendation on ICICI Bank and Zydus Life for today's trading session. Check out the targets and stoploss.

The company’s board meeting will be held to accept and take note of the resignation of Palak Salecha from the post of Company Secretary and Compliance Officer of the Company.

During this period, the price has made a Lower Top Lower Bottom Pattern. At a lower level, the stock moved sideways for a few weeks and after consolidating in a range; the price has given some pullback with high volumes.

Nifty futures on the Singapore Exchange traded 3.5 points, or 0.02 per cent, lower at 17,983, signaling that Dalal Street was headed for a muted start on Wednesday. Here are some stocks which are expected to see some action in trade today.

Recent comments by other Fed officials have supported the view that the central bank needs to remain aggressive in raising interest rates to control inflation. Fed Governor Michelle Bowman said on Tuesday the bank will have to raise interest rates further to combat high inflation.

The PFC-REC team received 95% of lender votes by value of debt, while Adani Power secured 17%, people cited above told ET. The voting percentages need not total up to 100 as lenders could vote for one offer, an alternative, or all of the options on the table. Reliance Industries, the third bidder in the fray, did not receive any votes, said the people cited above.

The country's top eight property markets have seen sales of over 3.12 lakh apartment units in the year, an on-year growth of 34%. New home launches rose 41% with the addition of 3.28 lakh units, according to data from Knight Frank India. The Mumbai property market led residential sales, followed by the National Capital Region (NCR) and Bengaluru.

In 2022, assets that generated income received the lion's share of funding in the sector. The residential, retail, and hospitality industries also attracted significant funding, as large transactions took place during the year and are expected to see continued growth in the coming years.

The Sensex closed at 60,115.48, down 631.83 or 1.04%, after breaching 60,000 earlier in the session. The Nifty fell 187.05 points, or 1.03%, to end at 17,914.15. The Nifty has a crucial support at 17,650-17,700 levels, about 1.5% away from Tuesday's closing, analysts said.

In the letter on Tuesday, the consortium has also sought a copy of the relevant minutes of the MC meetings in which the matter of CEO-designate Sanjiv Kapoor was "discussed and deliberated". "We request you to forthwith share a copy of the relevant minutes of the Monitoring Committee meeting in which this matter was discussed and deliberated and/or a resolution was passed to issue such a letter to Kapoor," it stated.

The administrator Nageswara Rao Y received 98% vote from lenders in favour of a second auction even as the National Company Law Tribunal (NCLT) will on Thursday hear a petition opposing the new auction filed by Torrent Investments, a bidder in the fray for acquiring the company.

More than half the companies are inclined to provide flexible working hours and are willing to pass on the price increases to customers that could keep inflation high, the survey found.

Managing director Rashmi Saluja said the company has already put forth its plans to the board of the parent Religare Enterprises (REL) and they include a preference issue to infuse money into RFL.

The average assets under management (AUM) of the industry rose to ₹40.76 lakh crore compared to ₹40.49 lakh crore in the previous month. Mid-cap and small-cap funds attracted the bulk of the flows with such schemes receiving flows of ₹1,962 crore and ₹2,245 crore, respectively.

The cooling-off period under the OFS mechanism for most liquid shares is around two weeks, for liquid shares around four weeks and for illiquid shares it is around 12 weeks.

The Fed chair is three weeks away from the next meeting of the Federal Open Market Committee, which last year raised its benchmark lending rate from near zero to a range of 4.25% to 4.5% to battle high inflation. Officials are eyeing raising rates to above 5% this year, though they may again slow the pace of hikes at the next gathering.

Short-term traders can look at buying the stock now or on dips towards Rs 1,200 levels

Shares of TCS declined 1.01% on the BSE to close at ₹3,286.20. The stock fell more than 3%, almost wiping out the previous day's gains. Nearly 4 million shares exchanged hands on the BSE and NSE on Tuesday compared with an average daily volume of 1.7 million shares on both exchanges over the past month.

Microsoft Corp rose 1.2% after a report stated the software company was in talks to invest $10 bln in ChatGPT creator OpenAI

The platform will expedite arbitration processes of investors' / members’ complaints

"SBI Life is among the best-performing names within the life insurance basket as it has been maintaining a steady uptrend since the beginning of 2021," Ajit Mishra, VP - Technical Research, Religare Broking Ltd., said.

According to the data on the exchange, Jhunjhunwala sold 7,94,431 shares of Bilcare on Tuesday at Rs 46 apiece

The development lender said it now expected global GDP growth of 1.7% in 2023 -- the slowest pace outside the 2009 and 2020 recessions in nearly three decades. In its previous Global Economic Prospects report, in June 2022, the bank had forecast 2023 global growth at 3.0%

The company did not say if it would file for bankruptcy after saying last week it was working with outside advisers to look at various options after years of weakening sales.The company did not take questions from analysts on its Tuesday earnings call "in light of the ongoing review of strategic alternatives," said Susie Kim, head of investor relations.

The S&P 500 opened lower by 3.52 points, or 0.09%, at 3,888.57, while the Nasdaq Composite dropped 27.93 points, or 0.26%, to 10,607.72 at the opening bell

AIFs, in market parlance, refers to a privately-pooled investment vehicle which collects funds from investors whether Indian or foreign for investing these funds in the country. Broadly, AIF rules govern venture capital funds, private equity funds, SME funds, hedge funds among others.

"Restoring price stability when inflation is high can require measures that are not popular in the short term as we raise interest rates to slow the economy," Powell says

"The investment underscores Carlyle's overall conviction in India's long-term economic and domestic consumption growth, which the team believes is characterised by product premiumisation and a shift in preference amongst the rising middle-class towards established brands," said a joint statement.

India's market regulator said on Tuesday it has decided to permit stock exchanges to introduce derivative contracts on indices of corporate debt securities rated AA+ and above.

Equity benchmarks Sensex and Nifty were back in the red on Tuesday after a day’s break, ending 1% lower dragged down by Reliance Industries and banking stocks. A weak trend in European markets and unabated foreign fund outflows also negatively impacted the domestic equity market.The 30-share BSE Sensex tanked 632 points to settle at 60,115.48. Nifty saw a drawdown of close to 200 points and ended below 17,914.“Markets are gradually drifting lower amid volatility and indications are pointing towards more pain ahead. Meanwhile, mixed global cues combined with earnings season would keep traders on the edge. We thus reiterate our view to limit positions and prefer a hedged approach, especially for overnight trades,” Ajit Mishra, VP - Technical Research, Religare Broking, said.Here are stock recommendations for Wednesday:

Asking Sebi to provide documents, the tribunal said that it was obligatory for the markets regulator to supply all the minutes of the Sanctioning Committee meetings in respect of loan sanctioned to Videocon Group instead of partially supplying the minutes of those meetings where Kochhar was present.

The benchmark index Sensex has fallen about 630 points to 60,115 on Tuesday. Despite this free fall in the markets, 8 stocks from the BSE smallcap index managed to record new 52-week highs.The 52-week high is the highest price at which a stock has traded during the last year. Some traders and investors use this technical indicator as an important factor for analysing a stock's current value and for predicting its future price movement.

Rekha Jhunjhunwala, as per the latest corporate shareholdings filed, publicly holds 19 stocks with an estimated net worth of over Rs. 11,866.8 crore. Some of the top holdings of the investor include Aptech, Crisil, Indian Hotels and Jubilant Pharmova and Fortis.

Until now, only promoter and promoter group entities were allowed to sell stake through the offer for sale on bourses

“For bulls, 18000 would be the key level to watch out for, and above the same, the index could retest the level of 18100-18150. On the flip side, 17800 would act as a sacrosanct support zone, below which selling pressure is likely to accelerate and drag down the index up to 17700-17675,” said Shrikant Chouhan of Kotak Securities.

The fund, launched in 2021, provides so-called "growth capital" to companies further along in developing solutions in clean energy, sustainable transport, waste and materials, sustainable food and agriculture and ecosystem services.

The penalty on Max Life Insurance was for violation of IRDAI's direction, misrepresentation to obtain approval, and contravention of share transfer directions. Axis Bank was fined for making undue gains in the deal and violation of norms.

“For bulls, 18000 would be the key level to watch out for, and above the same, the index could retest the level of 18100-18150. On the flip side, 17800 would act as a sacrosanct support zone, below which selling pressure is likely to accelerate and drag down the index up to 17700-17675,” said Shrikant Chouhan of Kotak Securities.

Equity benchmarks Sensex and Nifty slipped into the negative territory on Tuesday after a day’s breather, dragged down by Reliance Industries and banking stocks. A weak trend in European markets and unabated foreign fund outflows also negatively impacted the domestic equity market with Sensex ending 632 points lower at 60,115 points. Nifty dropped 187 points at 17,914. Barring Nifty healthcare and auto, all the other indices traded in the red. Nifty PSU Bank index posted the maximum loss at 3%.Here are the stocks that remained in focus on Tuesday:

SIPs are currently basking in investors’ attention with another bout of inflows making fresh records. Monthly data shows SIPs contributed Rs 13,573.08 crore to mutual funds in December. Interestingly, with over 1 crore new SIP MF accounts created in 1 year, the number of such accounts for December 2022 stood at 6,12,42,531 as compared to 4,90,78,547 in the same month last year.“The importance of investing in equity markets for longer-term goals is not lost on investors and the same is reflected in the ever-increasing awareness and adoption of SIP as a goal-linked route to create wealth over the long term. This month, almost 24 lakh new SIPs were registered, which shows increasing investor belief in the instrument. SIPs are the simplest route to build a disciplined habit of regular investing,” said N S Venkatesh, Chief Executive, Amfi

But domestic institutional investors continued to pour money into the market as they net bought shares to the tune of over Rs 14,600 crore in December. In 2022, they poured a record Rs 1.9 lakh crore into the equity market, and this helped India outdo most of its emerging market peers.

Athulya Senior care is backed by its founders Karthik Narayan, Srinivasan G and J Krishna Kavya, who have earlier served various healthcare institutions in the country and in the United States.

Citing the downside risks to earnings, the brokerage has cut the earnings per share (EPS) estimates for FY24 and FY25 due to a slower-than-expected net addition of subscribers, lower margins, and interest expenses.

Citing the downside risks to earnings, the brokerage has cut the earnings per share (EPS) estimates for FY24 and FY25 due to a slower-than-expected net addition of subscribers, lower margins, and interest expenses.