New-age tech companies have seen significant growth in CY24. Two stocks have surged over 100%. Newly listed companies have also shown strong gains. These tech-driven startups focus on fast-growing sectors and leverage advanced technologies to offer distinctive products and services. They are recognized for their rapid expansion, high market valuations, and ability to disrupt traditional industries.

Indian market closed in the red for the sixth consecutive day in a row on Monday weighed down by weak global cues.The S&P BSE Sensex fell more than 500 points while the Nifty50 closed below 24,900 levels.

Nifty formed a long bear candle, indicating a continuation of the downtrend. The positive chart pattern has been negated by Nifty moving below the 24,753 support level. The underlying trend remains negative, with support at 24,500-24,400.

NSE's IPO buzz has grown in the last 3-4 months, leading to a 35% rise in its share price in the unlisted market. Investors are waiting for the listing due to the stock's promise and higher premium compared to the current market price.

Short covering happens when traders buy back shares they previously sold short, often due to a shift in market sentiment or new information. This usually results in a decrease in open interest and can drive the stock price higher. In Monday's trading session, five stocks saw short covering. Here's the list:

Shakti Pumps announced a 5:1 bonus share issue. The record date for determining eligibility is October 7, 2024. The bonus shares will be issued subject to shareholder approval through a postal ballot process.

Foreign institutional investors are rapidly withdrawing from Indian equities, contributing to a significant drop in Sensex due to China's aggressive fiscal measures attracting investments. Indian market concerns include high oil prices, IPO booms, and retail investor appetite, despite China's long-term structural issues.

Northern Arc launched a Category II AIF fund, Finserv Fund, aiming to raise Rs 1,500 crore. Finserv Fund will leverage Northern Arc's experience, innovative solutions, and robust risk management practices.

Domestic benchmark indices, Sensex and Nifty50, reversed early gains to close lower for the sixth straight session on Monday, as escalating Middle East tensions and expectations of softer corporate earnings weighed on investor sentiment.

Shares of Adani Ports fell 5.3% in intraday trading, hitting a low of Rs 1,337.30 on the BSE, due to escalating conflicts in the Middle East. Adani Ports, which operates Israel's largest port in Haifa with a 70% stake, could face operational challenges if the situation worsens, despite its strategic presence in the Mediterranean.

Foreign institutional investors are rapidly withdrawing from Indian equities, contributing to a significant drop in Sensex due to China's aggressive fiscal measures attracting investments. Indian market concerns include high oil prices, IPO booms, and retail investor appetite, despite China's long-term structural issues.

Indian benchmark equity indices, Sensex and Nifty, reversed their early gains to decline on Monday as concerns over the escalating conflict in the Middle East and expectations of moderate corporate earnings dampened investor sentiment. However, despite the market downturn, six small and midcap stocks from the Nifty 500 index reached new 52-week highs. Here's the list:

43 companies have pre-listing shareholder lock-ins expiring by December 31, unlocking shares worth USD 18.8 billion. However, not all shares are expected to hit the market as a significant portion is held by Promoters and Group entities. Lock-in periods are imposed to stabilize stock prices and prevent sudden sell-offs.

Foreign institutional investors are rapidly withdrawing from Indian equities, contributing to a significant drop in Sensex due to China's aggressive fiscal measures attracting investments. Indian market concerns include high oil prices, IPO booms, and retail investor appetite, despite China's long-term structural issues.

Most Gulf stock markets fall amid rising geopolitical tensions, especially regarding the conflict between Hezbollah and Israel. Dubai and Abu Dhabi indexes decline, and Qatari index eases. Contrarily, Saudi Arabia's index rises notably, driven by gains in Al Taiseer Group and Almajed 4 Oud.

HeidelbergCement shares jumped 18% to a new 52-week high of Rs 257.85 on the BSE following reports that the Adani Group is in talks to acquire its Indian cement operations. The buyout, led by Ambuja Cements, is estimated to be valued at around $1.2 billion (Rs 10,000 crore).

European stocks slipped on Monday as the initial euphoria over strong U.S. jobs data last week faded and rate-sensitive sectors such as real estate and utilities came under pressure from higher bond yields.

Macrotech Developers (Lodha) shares rose 4.3% after reporting record quarterly pre-sales of Rs 4,290 crore, contributing to a 21% increase in first-half sales.

Motilal Oswal has downgraded FY25 Nifty EPS estimates by 4% to Rs 1,072, citing reduced forecasts for metals and O&G. Despite this, sectors like BFSI, healthcare, and utilities are expected to drive earnings growth. Top picks include ICICI Bank, HDFC Bank, and Bharti Airtel.

Shares of Ola Electric Mobility fell 9.4% amid a heated exchange between CEO Bhavish Aggarwal and comedian Kunal Kamra over service issues of Ola scooters. Kamra criticized the service quality, while Aggarwal accused Kamra of posting a paid tweet. The dispute highlights the EV industry's customer service challenges.

ICICI Securities resumes coverage on Vedanta with a 'buy' rating and Rs 600 target, highlighting growth plans across divisions despite risks from commodity prices and operational delays.

China's aggressive measures to revive its markets and economy are attracting foreign investors, with global brokerage firm CLSA increasing its exposure to China while reducing its stake in Indian equities. CLSA announced a fiscal leap of faith in China, raising its allocation to 5% overweight and cutting India's overweight from 20% to 10%. The firm views China as presenting the greatest self-help opportunity in emerging markets, expecting policymakers to respond effectively.

A short buildup occurs when there is a rise in open interest and trading volumes, coupled with a decrease in the price of the underlying stock in the Futures and Options segment. This indicates that more traders are expecting the prices to decline and are creating short positions. In Monday's trading session, five stocks saw fresh short positions being built. Here's the list:

A long buildup occurs when open interest and trading volumes increase alongside a rise in the underlying stock price in the Futures and Options segment, signaling a bullish market trend. In Monday's trading session, five stocks saw fresh long positions. Here’s the list:

Info Edge (India) shares fell 3.3% despite a 12% YoY billing increase to Rs 650.3 crore for Q2. The company reported strong profit growth amid significant share price gains.

Investec maintains a hold rating on Titan with a target price of Rs 4,100, expecting strong revenue growth but muted PAT. The jewellery segment sees good growth, but a weak studded mix may dent margins. Watches and wearables grew 19% YoY, while eyewear lags behind. Emerging businesses posted double-digit growth, with fragrances up 19% and fashion accessories up 11%.

NBCC Share Price: Shares of NBCC (India) surged 6.25% on BSE as the stock trades ex-bonus for the 1:2 bonus issue. The company fixed October 7 as the record date, making shareholders listed by today eligible for bonus shares. In the last year, NBCC stock has gained 186%.

Shares of ITC rose 2.2% to Rs 514.8 after the NCLT approved the demerger of its hotel business. The Kolkata bench of the NCLT approved the demerger, effective after fulfilling necessary conditions. ITC shareholders will own 60% of the new entity, with ITC retaining 40% ownership. ITC's market cap is now Rs 6,43,390 crore.

Invesco, JPMorgan Asset Management, HSBC Global Private Banking and Wealth, and Nomura Holdings are among those viewing the recent rebound with skepticism and waiting for China to back up its stimulus pledges with real money.

Shares of Bajaj Housing Finance fell 5% in intraday trade due to HSBC’s ‘reduce’ rating and Rs 110 target price, citing earnings slowdown and valuation concerns. HSBC noted potential pressure on RoA and slower AUM growth for the stock. They suggest alternatives among other NBFC peers with higher ROE and stable growth outlook.

Evaluating a company's health necessitates focusing on cash flows rather than just P&L figures. Misleading reported profits can obscure underlying cash flow issues, hence, examining working capital changes, receivables, and inventory turnover is crucial for accurate assessment and avoiding investment pitfalls.

Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardized scores. The simple average of the above-mentioned five component ratings is normally distributed to reach an average score.

Saj Hotels' shares listed on the NSE SME platform with a 15.4% discount, debuting at Rs 55 against an issue price of Rs 65. The company will use the proceeds from the public offer for property expansion, working capital, and general corporate purposes.

HVAX Technologies' shares debuted with a 6% premium on the NSE SME platform, listing at Rs 486 against an issue price of Rs 458. Funds from the offer will support working capital and corporate needs.

Several global and domestic brokerage firms have initiated coverage on various stocks, expressing bullish sentiment on companies such as Bajaj Housing Finance, Adani Energy, Varun Beverages, and Aadhar Housing Finance with a potential upside of up to 43%. Here’s a list of six stocks on which brokerages have initiated coverage:

Havells India Ltd, reaching a record high of Rs 2,104 in September 2024, experiences a short-lived rally, trading between Rs 1,900 and Rs 2,000. Experts suggest bulls might regain control if the stock closes above Rs 2,000, recommending a buy between Rs 1,950-1,970 with a stop loss below Rs 1,860.

Vodafone Idea shares fell following the DoT issuing a notice to the company for failing to submit bank guarantees covering past spectrum auction dues. The situation arises as the DoT is currently in discussions with the finance ministry about potentially waiving the bank guarantee requirement. However, no final decision has been made yet.

Several multibagger stocks that saw great returns in FY24 have dropped over 25% in the first half of FY25. Indian equities face challenges from geopolitical uncertainties and rising oil prices. Analysts suggest a cautious approach, focusing on quality stocks that can endure macroeconomic pressures. The market outlook remains mixed.

Shares of Senco Gold surged 6.4% to Rs 1,494.55 after the company announced a Rs 500 crore qualified institutional placement (QIP) and a 1:2 stock split. This means shareholders will receive 2 shares with a face value of Rs 5 for every 1 share of Rs 10. The announcement was made after market hours.

Vodafone Idea shares fell following the DoT issuing a notice to the company for failing to submit bank guarantees covering past spectrum auction dues. The situation arises as the DoT is currently in discussions with the finance ministry about potentially waiving the bank guarantee requirement. However, no final decision has been made yet.

Sensex and Nifty opened higher, rebounding after losses, supported by strong US jobs data easing recession fears.

Bank of Maharashtra shares are expected to attract attention on Monday after the Life Insurance Corporation of India (LIC) increased its stake in the bank from 4.05% to 7.10%. LIC announced this increase in its shareholding following a Qualified Institutional Placement (QIP).

On October 4, the closing prices of five stocks from Nifty500 dropped by more than 1.5% relative to the VWAP (Volume Weighted Average Price), and a shift below the VWAP suggests a potential bearish trend, according to stockedge.com's technical scan data. When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which it was traded throughout the day, with the average being weighted by trading volume. This can be seen as a potential indication of increased selling pressure.

Citi maintained a neutral call on Titan citing studded mix concerns, Macquarie an outperform due to strong jewellery sales. Jefferies has a buy on Bandhan Bank despite QoQ collection dip, while Morgan Stanley remains underweight on RBL Bank amid moderate loan growth.

Godrej Properties shares are expected to gain attention on Monday after the company reported robust Q2 FY25 bookings worth Rs 5,200 crore, driven by the sale of 5.1 million square feet of residential properties. New project launches in the NCR and the Mumbai Metropolitan Region fueled the demand.

Vodafone Idea shares are set to draw attention following the DoT issuing a notice to the company for failing to submit bank guarantees covering past spectrum auction dues. The situation arises as the DoT is currently in discussions with the finance ministry about potentially waiving the bank guarantee requirement. However, no final decision has been made yet.

The Indian market is expected to rise on Monday, supported by positive global cues. On October 4, the Indian equity markets ended their fifth straight session in the red, with the Nifty closing at approximately 25,000, down 235.50 points (0.93%).

HVAX Technologies will debut on the NSE SME platform, with shares trading at a Rs 5 grey market premium, suggesting a 5% gain on the listing price. The company, specializing in turnkey cleanroom projects, reported Rs 106 crore in revenues and Rs 9.39 crore in net profit for the fiscal year ending March 2024.

Titan's shares will be in focus as the company reported 25% year-on-year growth in its second quarter update. Jewellery domestic operations grew significantly after a reduction in gold import duties. The watches and wearables segment also saw growth, though wearables faced a decline. The company expanded its retail network by adding 75 stores.

Jio Financial and BlackRock received in-principle approval from Sebi for their mutual fund project. The joint venture also plans wealth management and broking services. Jio Financial aims for major growth in fintech, leveraging its ties with Reliance's digital and retail sectors. Foreign stake limit has been raised to 49%.