Top investors' portfolios on Dalal Street are closely watched by investors. In this context, ETMarkets has opted to analyze the investment portfolio of renowned investor Ashish Kacholia. Recent data for the June quarter indicates that Kacholia has publicly disclosed his holdings in approximately 37 stocks. These holdings have a combined value of approximately Rs 2,286 crore as of August 1. It's worth noting that this list specifically includes companies where Kacholia holds a stake exceeding 1%, although it might not encompass all of his investments.Analysis shows that 26 out of the 37 stocks have generated double-digit returns during 2023. Interestingly, within this list, there are nine stocks that have achieved gains spanning from 50% to 95%. Notably, the list encompasses certain significant underperformers such as Barbeque-Nation Hospitality, Genesys International Corporation, and NIIT, which experienced share price declines of 25% to 70% over the same period (Data Source: ACE Equity).

Cement maker Ambuja Cements reported a 31% year-on-year jump in consolidated profit for the June 2023 quarter at Rs 1,135 crore. The net profit stood at Rs 865 crore in the corresponding quarter of the previous financial year. The consolidated revenue rose 9% YoY to Rs 8,713 crore in Q1.

The fixed income market is divided on the basis of issuance. The primary market is mainly active in terms of primary auction of government securities as well as issuances of PSU and private issuers. Therefore, the primary markets are between issuers and investors while in the secondary markets the trading takes place between two investors.

Fitch's latest move has revived memories of how stocks around the world had crashed in 2011 when S&P downgraded US credit rating by one notch to AA+ with a negative outlook, citing concerns about budget deficits.

On August 1, StockEdge data identified over 100 stocks trading in the overbought zone. From this pack, ETMarkets has handpicked 10 stocks that are exhibiting high RSI values. In this article, we will explore the significance of RSI, analyze the selected overbought stocks, and shed light on how investors can navigate this situation to make informed decisions.

The top losers in the day's trade were National Aluminium Company (3%), Jindal Stainless (2.6%) and Tata Steel (2.6%). Both National Aluminium and Jindal Stainless hit their 52-week highs on Monday.

Fitch's latest move has revived memories of how stocks around the world had crashed in 2011 when S&P downgraded US credit rating by one notch to AA+ with a negative outlook, citing concerns about budget deficits.

On August 1, StockEdge reported 16 stocks trading with RSI trending down, and ETMarkets has shortlisted 10 of these stocks. In this article, we will dive into the significance of RSI, analyse the RSI downtrend for the selected stocks, and explore how investors can utilize this information to make informed choices.

On August 1, 2023, the stock market witnessed intriguing movements as several stocks crossed their 100-day Simple Moving Average (SMA). These developments have piqued the interest of investors, signaling potential upswings and investment opportunities in the market.

Fitch's latest move has revived memories of how stocks around the world had crashed in 2011 when S&P downgraded US credit rating by one notch to AA+ with a negative outlook, citing concerns about budget deficits.

JAPAN-STOCKS/Japanese shares post biggest one-day drop this year; US rating cut weighs

Ratings agency Fitch downgraded the United States' top-notch credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.

As the stock market continues to exhibit its dynamic nature, several BSE SmallCap stocks have surged to new heights, hitting their 52-week highs on August 2. Investors were enthused as prominent companies like DB Corp, Dilip Buildcon, and DCM Shriram industries displayed remarkable performance, leading the rally.

Dhawan picked up a 1.66% stake in Religare Enterprises (REL) - a diversified financial services group giving services across verticals viz. loans to SMEs, affordable housing finance, health insurance and retail broking. The value of his holding in the company stands at Rs 94.3 crore, according to Trendlyne data.

The stock market continues to witness intriguing movements as some stocks have demonstrated remarkable growth by crossing their 200-day Simple Moving Average (SMA) on 1st August 2023. These achievements are sparking interest among investors, signaling potential growth opportunities in the market.

Fitch Ratings has downgraded the United States' sovereign credit grade by one level from AAA to AA+ on the basis of 'ballooning fiscal deficits and erosion of governance' that have caused repeated debt limit emergencies over the past two decades.

Policy initiatives by the government led to changes both in the actual working and perception of defence sector companies. Their order books are brimming, stocks have outperformed the broader market indices for more than one year and institutional interest has been growing in these companies.

Fitch's latest move has revived memories of how stocks around the world had crashed in 2011 when S&P downgraded US credit rating by one notch to AA+ with a negative outlook, citing concerns about budget deficits.

In terms of price action, the stock is trading below the 5-DMA but above 10,20,30,50,100, and 200-DMA on the daily charts, which is a positive sign for the bulls.

Metro Brands recorded the highest-ever quarterly sales of e-commerce sales (including omnichannel) of Rs 61 crore. Growth momentum in e-commerce sales (including omni channel) continues as sales grew 63%. The store expansion is on track with a net addition of 27 stores (8 new cities covered in Q1FY24) across all formats during the quarter, Metro Brands said.

Even as nifty corrects, more small cap stocks are joining the party. Making to the list is a company from cement space, which is on verge of witnessing consolidation along with it, an FMCG company with a strong niche area. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.

Among the Sensex stocks, Tata Steel, L&T, JSW Steel, Bajaj Finserv, HDFC Bank, TCS, and Tata Motors opened lower, while only Reliance Industries and Asian Paints opened higher.

Meanwhile, domestic sales were at 3,71,204 units as compared to 4,30,684 units in July 2022. Exports, however, increased to 20,106 units from 14,896 units in the corresponding period of the last year.

However, Sula Vineyards in an exchange filing said, "It may be noted that the Order does not affect the existing business or the activities of the Company. The Company has always strived to and carried out its business in compliance with extant laws and regulations in letter and spirit."

Among the Sensex stocks, Tata Steel, L&T, JSW Steel, Bajaj Finserv, HDFC Bank, TCS, and Tata Motors opened lower, while only Reliance Industries and Asian Paints opened higher.

CLSA has maintained a 'Buy' on PVR Inox shares, estimating a 28% upside for the stock over Tuesday's closing price. The brokerage said PVR's Q1FY24 EBITDA was up 34% quarter-on-quarter and was ahead of its estimates though expenses were up on account of escalation in movie exhibition cost.

"Tata Motors has decided to cancel DVR shares, which in our view would be EPS accretive on a reduction in equity capital. We recommend buying stock with a target price of Rs 748. Currently, the stock is trading at an EV/EBITDA multiple of 5.5x FY25 estimates," Abhishek Gaoshinde, Deputy Vice President of Research at Sharekhan by BNP Paribas, said.

American investor and mutual fund manager Peter Lynch is best known for ‘growth at a reasonable price’ approach to investing. Lynch is often associated with the PEG ratio which measures PE ratios in relation to growth rates. MarketSmith has created a custom screen based on Lynch's investment style, which identifies securities that are trading for below-average prices on a PE or PEG basis and are not already widely owned by institutions. Here are 10 Indian stocks that match Peter Lynch’s approach to investing, as listed on MarketSmith:

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

In the Nifty500 pack, 9 stocks crossed above their 200 DMA (Daily Moving Averages) on August 1, 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.

Among the Sensex stocks, Tata Steel, L&T, JSW Steel, Bajaj Finserv, HDFC Bank, TCS, and Tata Motors opened lower, while only Reliance Industries and Asian Paints opened higher.

Opening Bell: Sensex drops 300 points, Nifty below 19,650; Hero Moto sheds 2%, Bikaji Foods gains 4%.

In the Nifty500 pack, we have collated a list of 7 stocks that witnessed a 5-year swing high at the close on August 1, 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.

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

Market data shows LIC ownership went up in at least 40 stocks and trimmed holdings in 75 other counters. LIC's stake rose 409 bps in fertiliser-maker Kothari Industrial Corporation, 301 bps in Tata Chemicals, 240 bps in SAIL, 173 bps in Bata India and 164 bps in IEX.

Titan Company’s daily trend is bullish to sideways. RSI for daily is showing sideways momentum; RSI for monthly and weekly are showing bullish momentum. Based on option chain analysis, the range is between 2900 and 3300. Let’s plan a trade around this.

The management has a constructive outlook across specialty chemicals and contract manufacturing segments. The global investment bank is bullish on the balanced business mix, resilient agrichem portfolio, new CDMO order wins, and upside levers to volumes and margins.

The BSE Sensex was trading 298 points or 0.45% lower at 66,161. Nifty50 was trading at 19,647, down 86 points or 0.44% at around 9.17 am.

Nifty hit the day’s high soon after open but could not hold on to that position for longer.

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 IDFC First Bank and NTPC, while Nooresh Merani has a buy/sell recommendation on United Breweries and Polycab for today's trading session. Check out the targets and stoploss.

Shares of trucking company Yellow jumped more than 78% on Tuesday, after more than doubling in the previous session, following a news report that private equity firm Apollo Global Management was nearing a deal to provide new capital to the firm after it ceased operations and prepared to file for bankruptcy.

Stocks that were in focus include names like Hero MotoCorp, which was down 3.24%, Power Grid which fell 5.17%, and IDBI Bank, whose shares gained 8.5% on Tuesday.

In the Nifty500 pack, five stocks 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 August 1.

With the downgrade, it becomes the second major rating agency after Standard & Poor's to strip the United States of its triple-A rating. The dollar fell across a range of currencies, stock futures ticked down and Treasury futures rose after the announcement. But several investors and analysts said they expected the impact of the downgrade to be limited.

Asian stocks were also weighed by declines on Wall Street overnight. U.S. stock futures, the S&P 500 e-minis, pointed 0.2% lower on Wednesday. Fitch cut the United States by one notch to AA+ from AAA, citing fiscal deterioration, a decision announced after the Wall Street close on Tuesday.

Nifty futures traded 23 points, or 0.12 per cent, lower at 19,779, signaling that Dalal Street was headed for a negative start on Wednesday. Here's a slew of stocks that will be in focus today for various reasons.

Among pharmaceutical heavyweights, Pfizer edged lower in choppy trading after the drugmaker's quarterly revenue fell short of Wall Street expectations, hit by declining sales of its COVID-19 products.

Rating agency Fitch on Tuesday downgraded the United States to AA+ from AAA in a move that drew an angry response from the White House and surprised investors, coming despite the resolution two months ago of the debt ceiling crisis.

Among pharmaceutical heavyweights, Pfizer edged lower in choppy trading after the drugmaker's quarterly revenue fell short of Wall Street expectations, hit by declining sales of its COVID-19 products.