Under the proposed OFS, the government will offload about 7.08 crore equity shares, representing 3.4% equity on Day 1, which is the T day and in the case of oversubscription, an additional 1.96% stake will be sold. Only non-retail investors will be allowed to place their bids on T day

Investors assess mixed earnings from Microsoft and Alphabet ahead of a Federal Reserve rate hike that could push borrowing costs to their highest since the global financial crisis

The bulk of earnings downgrades was driven by stocks related to defensive sectors (IT, healthcare, staples) and commodities (metals, cement). Here's a full list of 10 largecaps that saw maximum earnings downgrades over the last one year. (Source: ICICI Sec)

“We may consider further investment subject to pricing, regulatory approvals and required procedures. However, in no circumstances will it exceed 9.95,” M&M says

Stocks that were in focus include names like Tata Motors DVR, which was up more than 12%, TCI Express, which rose more than 5%, and L&T, which closed with gains of over 3% to hit a fresh 52-week high.

The article discusses the performance of stocks that crossed their last week's high on July 25, 2023, highlighting the resilience of companies like Adani Green Energy, Ambuja Cements, and others in the dynamic market.

The Federal Open Market Committee is expected to raise rates a quarter point to the 5.25% to 5.5% range, an 11th increase since early 2022

The Futures Short Position Scan conducted on July 25 revealed Aggressive New Short positions on 6 Nifty50 stocks. This is a bearish indicator that shows that the futures OI has increased while price has decreased. (Source: StockEdge)

Ahead of the US Federal Reserve's monetary policy decision later in the day, Indian equity indices closed higher on Wednesday, boosted by gains in index heavyweights Reliance, L&T, ITC, and Infosys. The benchmark BSE Sensex rose 352 points, or 0.53%, to 66,707.2, while the broader NSE index jumped 98 points to 19,778. From the Sensex pack, L&T and ITC were the top gainers, rising 2-3%. Sun Pharma, Reliance Industries, Kotak Bank, Axis Bank, SBI, and Infosys also closed higher. Whereas, Bajaj Finance, Bajaj Finserv, M&M, Tech Mahindra, and Asian Paints closed in the red.

On July 25, Tuesday, StockEdge reported 34 stocks showing an uptrend in the Relative Strength Index (RSI), indicating positive momentum

On July 26, Wednesday, Trendlyne reported 45 stocks experiencing the Golden Crossover. Today, ETMarkets handpicks 10 stocks from this list, offering potential investors valuable insights into this promising trend

From the Sensex pack, L&T and ITC were the top gainers, rising 2-3%. Sun Pharma, Reliance Industries, Kotak Bank, Axis Bank, SBI, and Infosys also closed higher

Bajaj Finance Ltd on Wednesday reported a 32.4% year-on-year (YoY) rise in consolidated net profit for the quarter ended June to Rs 3,437 crore, beating an ET Now poll of Rs 3,301 crore. Total revenue from operations grew nearly 35% on year to Rs 12,498 crore. Net interest income for the quarter increased by 26% on year to Rs 8,398 crore.

Crossing the 50-day SMA is a significant technical indicator for investors, signaling potential positive price trends for these stocks. These companies' recent performance indicates their growth potential and market confidence in the dynamic stock market.

On July 25, Tuesday, StockEdge reported 20 stocks trading in the overbought zone, raising cautionary signals for investors

On July 25, Tuesday, StockEdge reported a staggering number of 90 stocks trading in the overbought zone, indicating potential cautionary signals for investors

Alphabet, the parent company of Google, rose by nearly 7% on Wednesday following better-than-expected quarterly earnings reports. The company's strong position as a provider of artificial intelligence solutions, coupled with steady growth in its cloud business, contributed to a significant surge in investor confidence. .

Any investor who tracks these headline numbers might be tempted to take money off the table or at the least be wary of putting in additional money. The easiest behavior hack to counter this is to invest for longer (5+ years). Staying invested in equities has its ups and downs, but it may lead to the desired outcomes over the long term.

On July 25, Tuesday, StockEdge reported 29 stocks with RSI trending down, indicating a possible bearish signal

Shares in LVMH fell by 3.7% in early trading on Wednesday after the report of in-line sales growth in the second quarter. Analysts believe that this signifies that the sector may be moving towards a less impressive path of growth as the luxury industry normalises after years of stellar growth.

A host of brokerages are bullish on several stocks from different sectors such as banking, chemical and energy. Trendlyne data shows that 10 stocks including SBI, Federal Bank, SRF and Jubilant FoodWorks have high analyst ratings and can rally up to 36%. Here's a list of these stocks:

Crossing the 200-day SMA is a significant technical indicator for investors, suggesting potential positive price trends for these stocks

Name of Reliance Strategic Investments changed to Jio Financial Services w.e.f July 25

Among the notable gainers were Bharti Airtel, L&T, Tata Consumer Products, and more, as they continued their upward trajectory.

Yatharth Hospital management shares crucial information in the company's IPO, including its upcoming plans.

RBL Bank's shares surged over 4% to reach a 52-week high of INR 233.70 on Wednesday following reports indicating Mahindra Group may have bought a 4% stake in the Indian private lender, a move seen as part of the automotive-to-hospitality conglomerate's strategic plans.

Notable gainers included MRF, Torrent Pharmaceuticals, Jindal Steel, Glenmark Pharma, TVS Motor Company, and more, solidifying their positions in the market

The stock also gave a breakout from an ascending triangle pattern on the weekly charts. The neckline of the ascending triangle pattern was placed above Rs 4,200 levels which happened in June 2023 and since then the stock has been trading above this level.

Kacholia’s 1.97% stake purchase in Venus Pipes comes on the back of a strong rally in the stock with multibagger returns of more than 240% in the last 12 months, which are almost 20 times higher than the returns given by S&P BSE Sensex during this period. In this year alone, the stock price has shot up 73%.

When both foreign institutional investors (FIIs) and mutual funds (MFs) show interest in the same stock, investors generally consider them to be secure investments since institutional investors typically conduct thorough research before committing funds. However, it is essential to note that past performance does not guarantee a similar outcome in the near future.A study conducted by ET Markets identified 8 stocks from the BSE universe with a market capitalization of over Rs 1000 crore that saw a consistent increase in holdings by both FIIs and MFs for four consecutive quarters (September 2022 to June 2023). Interestingly, among these stocks, 6 have recorded gains ranging from 15% to 75% in the past year, while 2 have experienced negative performance. (Data Source: ACE Equity)

As Nifty forms a new high, more small cap stocks join the party. Making to the list is a company from the waste handling company to small cap FMCG player. 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.

Suzlon's Q1 profit declined 64% on a sequential basis to Rs 101 crore, while its revenue from operations dropped 20% QoQ to Rs 1,378 crore. Traders have been busy booking profits in the stock following weak results.

The narrative is that monsoon is a bad time for cement stocks . However, sometimes, those cycles and narratives are an opportunity which can be utilized for long term investing. With the continued focus on infrastructure, most of the small and mid-cap companies have been able to improve the quality of their balance sheet in the last nine years.We take a look at what analysts are saying across small and midcap cement companies. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters.

Asian Paints on Tuesday reported a 52.5% year-on-year (YoY) rise in consolidated net profit for the quarter ended June to Rs 1,550.37 crore. Consolidated revenue from operations increased nearly 7% YoY to Rs 9,182.31 crore, but was lower than the estimated Rs 9,358 crore.

In its previous guidance, the committee had said that it will take into account the cumulative rate hikes, and the lags with which they impacted economic activities and inflation. While the rate action has been largely factored in by market participants, the forward guidance on rate trajectory is what will matter more to them.

The fraud was committed over a period of time and detected on July 24, 2023, Can Fin Homes said. The incident was found to be isolated to its branch in Ambala, Haryana. At 11.15 am, the stock was trading 7.8% lower at Rs 784.5 on BSE. However, the stock has surged 44% in a year-to-date.

On the operating performance, the company's earnings before interest, taxes, depreciation, and amortization (EBITDA) during the June quarter stood at Rs 384.7 crore, compared to Rs 171.3 crore in the year-ago period. While EBITDA margin stood at 13.1% in Q1 FY24.

L&T reported a 46.5% year-on-year (YoY) growth in consolidated net profit for the quarter ended June 2023 to Rs 2,493 crore. Consolidated revenue increased a sharp 34% to Rs 47,882.37 crore. The net profit and sales were way higher than the ET Now poll of Rs 2,138 crore and Rs 41,023 crore, respectively.

A host of brokerage firms have initiated coverage on several counters. They see a strong potential for value unlocking in these companies, which includes Havells India, Century Plyboards and Titagarh Rail Systems, with a targeted upside of up to 47%. Here is a list of 6 stocks on which brokerages initiated coverage:

Following the quarterly results, Morgan Stanley retained an 'Outperform' rating on Tata Motors stock while Jefferies took a 'Buy' view. Among the domestic brokerages, Motilal Oswal and Nuvama recommended 'Buy' while ICICI Securities has suggested an 'Add'.

The list also contains a count of analysts evaluating each banking stock for the next 12 months. For the purpose of this report, we have filtered out stocks wherein the count of analysts is up to 40 and upside potential is up to 30%.

From the Sensex pack, Tata Motors opened over 3% higher after the firm reported a higher-than-expected consolidated net profit of Rs 3,203 crore in Q1 FY24. Meanwhile, L&T, Power Grid, Infosys, Wipro, JSW Steel, and HUL also opened with gains.

The company opened 30 new stores in India, resulting in a network of 1,891 stores across all brands. With the addition of 23 new stores and entry in one new city, Domino’s India expanded its network strength to 1,838 stores across 394 cities.

Qatar’s sovereign wealth fund is in talks to buy stake in Reliance Retail and is said to be considering a $1bn investment giving it a stake of about 1% and valuing the business at around $100 billion, the Financial Times reported today.

Sensex gains 200 points, Nifty above 19,700; Tata Motors DVR surges 15%, L&T 3%; Powergrid, Infy, JSW Steel are some of the top gainers in the morning trade.

"Container Corporation (Concor) quarterly (Q3) order book shows a guidance lift to 15%, reflecting a positive outlook. Despite less growth and demand in the EXIM sector, domestic volumes are increasing. We have a target of Rs 900 in next 12 months which translates into an upside of 32% from Rs 680 recorded on 24 July 2023," Girish Sodani, Head of Equity Market at Swastika Investmart Ltd, said.

On the monthly options front, the maximum Call OI is placed at 19800 and then towards 19700 strikes, while the maximum Put OI is placed at 19700 and then towards 19500 strikes.