In the Sensex pack, Reliance Industries and Tata Steel were the top gainers, rising over 3% each. Bharti Airtel, Sun Pharma, IndusInd Bank, Kotak Bank, and ICICI Bank also ended higher. On the flip side, HCL Tech, Titan, Power Grid, Wipro, TCS, HUL, and Axis Bank closed in the red.

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, apart from determining the likely uptrend or uptrend, RSI also enables an understanding of the stock’s overvalued or oversold state. Here are 4 stocks with m-cap over Rs 10,000 crore for which RSI has scaled above 50 from below. Note, the data is of the previous trading session as today’s data is updated after market hours. (Source: StockEdge)

India's market regulator, in a new filing to the Supreme Court, defended a 2019 change in rules for reporting by offshore funds, saying the alteration did not make it tougher to identify ultimate beneficiaries of offshore funds.

Praj Industries, an Indian company specialising in sustainable solutions for bioenergy, water, and high purity process systems, showcased promising growth on July 7, 2023. Its stock closed at Rs 397.35, surpassing the 200 SMA of Rs 373.27.

Several BSE 100 stocks including Bajaj Auto, Bank of Baroda, IOC, JSW Steel, Reliance, Tata Motors, and Tata Motors - DVR hit 52-week highs in today's trading session, indicating positive market sentiment. Bajaj Auto reached a new high of Rs 4,950, Bank of Baroda at Rs 210.8, IOC at Rs 101.44, JSW Steel at Rs 811.65, Reliance at Rs 2,755, Tata Motors at Rs 634.6, and Tata Motors - DVR at Rs 334. These stocks have demonstrated resilience and investor confidence, as per the data sourced from BSE at 1 pm.

According to reports, the US-based investment firm is looking to acquire a controlling stake in the combined entity of Vadilal Industries and Vadilal Enterprises. However, there is no official communication from the company.

Seven largecaps are flashing bearish signs as the MACD line for these stocks slipped below the signal line. Note, the data is of the previous trading session. (Source: StockEdge)

India's market regulator, in a new filing to the Supreme Court, defended a 2019 change in rules for reporting by offshore funds, saying the alteration did not make it tougher to identify ultimate beneficiaries of offshore funds.

Dismissing an appeal, the Securities Appellate Tribunal on Monday refused to grant an interim stay on market regulator SEBI's order against Zee Entertainment's Subhash Chandra and Punit Goenka. a person aware of the development said on the condition of anonymity that the petitioners are expected to challenge the ruling in the Supreme Court.

Action Construction Equipment is a leading manufacturer of construction equipment, specialising in cranes, material handling, and agricultural machinery. The company's stock soared to a new 52-week high of Rs 605 in Monday's trade.

"We continue to advise allotted investors to book profits, and if anyone wishes to buy, they should wait and watch for the counter as markets may see some pressure to sustain at higher levels," Tapse said.

The assets under management (AUM) of open-ended equity funds stood at Rs 17.43 lakh crore, up over 5% month-on-month. Within equity funds, smallcap funds saw the highest inflows during the month at Rs 5,472 crore. For the third straight month, the inflows into smallcap funds have been the highest.

Sales growth is a highly influential measure in any business, as it signifies the demand for a company's products or services. It offers valuable insights into the company's financial performance, its ability to adapt to market conditions, and its potential for future success. ETMarkets has identified four stocks that have consistently increased their revenue for the past 12 quarters. Notably, three of these stocks belong to the IT sector. What's particularly intriguing is that all four stocks have witnessed a substantial surge in share price, ranging from 100% to 1500%, over the last three years. We considered only stocks with a market cap exceeding Rs 1,000 crore. (Data Source: ACE Equity)All four of these stocks are profitable companies, with a couple of them showing a slight decline in quarterly profit occasionally compared to the previous quarter. However, none of them reported a net loss in the last 12 quarters. It is worth noting that these companies are either low-debt or debt-free entities, according to Trendlyne data.

Reliance Industries (RIL) shares jumped over 4.5% to hit a fresh 52-week high of Rs 2,755 on the BSE in Monday's trade after the energy-to-telecom conglomerate fixed July 20 as the record date for the demerger of its financial services arm Reliance Strategic Investments, which would later be renamed as Jio Financial Services (JFSL).

The order value of these 5,150 electric buses would be approximately Rs 10,000 crore for Olectra. The order value was nearly the same as the company's overall market capitalization on Friday.

Conglomerate Adani group is willing to seat a controlling equity stake in its shadow banking unit Adani Capital. Sources told ET NOW Adani group is in talks with potential investors to sell as much as 65% percent equity in Adani Capital and preliminary discussion are on going with some private equity investors.

Energy was the only sector that rose, following crude oil's $2 surge to a nine-week high on Friday, while the basic materials sector recovered early declines to end flat. Healthcare stocks paced decliners, falling 1.34%.

As broader market indices, sensex and nifty continue to form new highs some minor consolidation is happening in markets. During this period, some stocks have witnessed consistent improvement in their scores. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

On June 12, the capital market regulator had barred the Essel Group chairman and his son Punit Goenka from holding any directorship or key managerial positions in any listed company.

In India, there is history to all the major regulatory overhauls. It is a scam which brings in a crisis and that makes our regulators rework on the operating guidelines for that sector. Right from 1992 Harshad Mehta scam, which gave SEBI its teeth, in 2000 it was Ketan parekh scam which brought in major changes on trading instruments and how trades are settled. After the NBFC crisis in 2018. Regulatory changes happened across the board in the financial sector. Whether it was NBFC or bank space, the post NBFC crisis made life tough for all players. But after all the mayhem, things have turned out better for some.

Under the merger deal, all RIL shareholders, as of the record date of 20 July, will earn one share of Jio Financial Services (JFSL) for every RIL share they own. Investors, therefore, have time till 19 July to buy RIL shares to be eligible for getting JFSL shares.

Morgan Stanley said that a dent in discretionary consumption on the back of high gold prices will likely lead to a near-term setback for Titan. It said that the growth momentum is expected to slow down a bit for the maker of watches and eyewear over the next couple of quarters.

The IPO, which comprised a fresh equity issue of Rs 240 crore and an offer for sale (OFS) of 48.6 lakh shares, was subscribed over 100 times on strong institutional and retail interest.

The demerger will unlock value for the 36 lakh-strong shareholder base of RIL, India's largest company by market capitalisation. As part of the plan, RIL shareholders will get one share of Jio Financial for every share they own of RIL. The stock is already up 13% in the last three months.

Asia's biggest stock exchange BSE has launched new logo on its 149th foundation day.

It's Q1 season, and a lot of companies are coming up with their Q1 updates. Take a look at some big names and their business updates for Q1. Watch!

The underlying presumption is that recession in the US/AEs will be avoided with an automatic glide of current high inflation towards their respective inflation targets thereby leading to the resumption of QEs and rate cuts.

The dividend payout will be 350% on the face value of Rs 2 per equity share for the financial year 2023-24, the exchange filing said. The record date for the purpose of payment of the interim dividend will be Saturday, July 15, 2023.

The IPO, which comprised a fresh equity issue of Rs 240 crore and an offer for sale (OFS) of 48.6 lakh shares, was subscribed over 100 times on strong institutional and retail interest.

The airline had also recently informed about entering into a settlement agreement with Nordic Aviation Capital (NAC), a major lessor for its Q400 aircraft, where it settled all past liabilities for the Q400s planes leased by NAC to SpiceJet. The airline presently operates five Q400 aircraft from NAC in its fleet.

The demerger will unlock value for the 36 lakh-strong shareholder base of RIL, India's largest company by market capitalisation. As part of the plan, RIL shareholders will get one share of Jio Financial for every share they own of RIL. The stock is already up 13% in the last three months.

Morgan Stanley downgraded Titan Company to Equal Weight with a target price of Rs 3207. The outperformance is likely to see a temporary pause. High gold prices are likely to impact discretionary consumption. The business growth momentum is likely to slow down a bit in the next couple of quarters.

After a positive run last week, equity markets will take cues from first quarter earnings with TCS and HCL Tech set to announce their results in the week. Further, macro data will also dictate the market going forward. Here are four technical picks from analysts that can offer gains up to 19%

After a short correction, indices are back on the upmove. Select stock are showing bullish signs.

The stock gave a breakout from a swing high of Rs 9,800 earlier in July 223 to hit a fresh record high of Rs 10,036 on 5th July 2023, but investors preferred to book profits post the breakout which pushed the stock below Rs 9,900 level.

After a positive run last week, equity markets will take cues from first quarter earnings with TCS and HCL Tech set to announce their results in the week. Further, macro data will also dictate the market going forward. Here are four technical picks from analysts that can offer gains up to 19%

A bearish reversal scan on the candlestick screener can help ascertain stocks that can slip downwards from an upward zone. So, here are 3 stocks that established a Hanging Man pattern on Friday and signal a bearish reversal. (Source: StockEdge)

RIL stock is approaching its 52-week high of Rs 2,755 on the NSE and is just under 2% shy of the mark. RIL shares were also the most active on the exchanges and triggered the gains in the frontline indices S&P BSE Sensex and Nifty50.

Integrated electronic manufacturing services provider Cyient DLM made a strong debut on the stock exchanges, with shares listing at a premium of 52% over the IPO issue price of Rs 265 on NSE. The company's IPO received a massive response from investors with an overall subscription at 71.3 times. Cyient DLM will use the net proceeds from the issue to fund incremental working capital requirements, capital expenditure, repayment of debt and other general corporate purposes.

From the Sensex pack, Nestle, HDFC Bank, HUL, Reliance, HDFC, and Tata Steel traded with gains, while UltraTech Cement Maruti, Power Grid, Axis Bank, and Bajaj Finance witnessed some losses.

Sensex jumps 200 points, Nifty nears 19,400; Sula Vineyards gains 3%, RIL 2%; PNB, IOC, Tata Motors are some of the gainers in the morning trade.

The Future & Options 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%.

GIFT Nifty on the NSE IX traded 20.5 points, or 0.11 per cent, lower at 19,437.50, signaling that Dalal Street was headed for negative start on Monday. Here's a slew of stocks that will be in focus today for various reasons.

On the candlestick screener, a bullish reversal pattern helps identify stocks that can convert into an uptrend from a downward zone. So, here are 4 stocks with m-cap between Rs 1000-10,000 crore that have established an Inverted Hammer pattern and hint at a bullish reversal. (Source: StockEdge)

On the weekly options front, the maximum Call OI is placed at 19400 and then towards 19500 strikes while the maximum Put OI is placed at 19400 and then towards 19300 strikes. Call writing is seen at 19400 then 19500 strike while Put writing is seen at 19200 then 19000 strike.

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 Zee Ent and SBI while Nooresh Merani has a buy/sell recommendation on Bosch and Titan for today's trading session. Check out the targets and stoploss.

In the NSE list of stocks with a market cap of over Rs 10,000 crore, we have collated a list of seven stocks that witnessed a 5-year swing high at the close on July 7, 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 counter has witnessed a breakdown of the head and shoulders formation on the daily chart with huge volume. The overall structure of the counter has become distorted as it trades below its important moving averages (200, 50, 20, and 9 SMA).

In May, SpiceJet clarified and assured investors that it has no plans of filing for insolvency even as it faces a financial crunch. “There is absolutely no question of filing for insolvency. Any rumours regarding the same is completely baseless. We are focussed firmly on reviving our grounded fleet and getting more and more planes back into the air,” Ajay Singh, Chairman and Managing Director, was quoted as saying in a media release.

Five stock with a market cap of over Rs 500 crore crossed above their 200 DMAs (Daily Moving Averages) on July 7, 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.