As Nifty makes new highs, market breadth in the small cap segment has improved in the last couple of months. Selective small caps are also getting attention in the market. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".

Select large cap stocks in some sectors have gained attention in the markets once again. Some of them have witnessed a spike after a long period of consolidation. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". The screener applies different algorithms for all BSE and NSE stocks. This predefined screener is only available to ET Prime users.

Midcap pharma stock to an entertainment company are among mid-cap stocks which have seen their scores moving up and also market sentiment moving in tandem in terms of price inching upward. 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.

For instance, inheritance within the family to the male members may allow the business to pass from one generation to the next but also create governance issues if there are other shareholders.

The sale is part of Aditya Birla Capital Chief Executive Officer Vishakha Mulye’s efforts to restructure the company’s businesses, which range from asset management to mortgage financing, in order to boost shareholder returns, the people said.

The board of One 97 Communications Ltd., the listed-entity that runs Paytm, will decide on the buyback on Tuesday. The move comes as the stock has plunged about 75% since its listing last November to emerge as the world’s worst-performing large initial public offering in a decade. The slump also prompted a unit of Japan’s SoftBank Group Corp. — a key backer — to trim its holding.

Short-term traders who missed the bounce can look at buying the stock now or on dips for a target of Rs 285 in the next 3-4 weeks, suggest experts.The stock rallied from Rs 225 recorded on November 11, 2022, to Rs 264 as on December 12 which translates into an upside of over 17%.

Sensex rises over 100 pts, Nifty above 18,500; JP Associates gains 5%, Yes Bank 4%; Most active stocks: YES Bank, PNB, Voda Idea.

“The two macroeconomic data which came yesterday have significant implications for the market. The CPI inflation for November at 5.88 % is below the RBI’s upper tolerance limit. This is good news. But the bad news is that the Index of Industrial Production (IIP) shows a contraction of 4 % in October,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.

JP Morgan maintained its overweight rating on Dalmia Bharat with a target price of Rs 1845. Proposed acquisition at attractive valuations which will give Dalmia a pan-India footprint, it said.

“We expect Lemon Tree to deliver a revenue/EBITDA CAGR of 59%/97% over FY22-24 and RoE to improve to 13% by FY24. We are positive on the stock with a target of Rs 110,” Sneha Poddar, Associate Vice President at Motilal Oswal Financial Services Limited, said.

Some experts believe that stocks in this space are up for big gains in 2023 in the run-up to the Union Budget for 2023-24 (April-March) in February. This would be the last one ahead of the general elections in 2024, and experts are eyeing a growth-oriented budget from the incumbent government to give further impetus to capital investments.

ET Now spoke to various experts and here's what they have to recommend for today's trading session. Jay Thakkar has a buy/sell recommendation on HDFC Bank and AU Small Finance while Kunal Bothra has a buy/sell recommendation on IRB Infra and PFC for today's trading session. Check out the targets and stop-loss.

We have collated stocks from various experts for traders who have a short-term trading horizon.

We are comfortable owning businesses where we could see a reasonable path to profitability and make sense from a capital efficiency standpoint. This has led us to avoid investment in some of the new age companies,said Vinit Sambre, head of equities at DSP Mutual Fund.

Paytm’s board is meeting Tuesday to consider a share buyback after the Indian fintech company’s stock lost three-quarters of its value since its 2021 initial public offering. Directors of Paytm, officially known as One 97 Communications Ltd., are set to decide on the number of shares the company will potentially repurchase and at what price.

Demand from corporate travel remains robust and it continues to be the highest contributor to room nights sold. The contribution of the retail segment has also grown significantly. Going ahead, the management sees a significant improvement in consumer sentiment and expects Leisure and corporate travel to continue gaining traction.

With Nifty having risen 5% in the calendar year 2022, HDFC Securities has a cautious outlook on the index. “We believe, there is a downside risk to FY24 consensus earnings and a very limited scope of valuation upside. This will keep the upside for the index capped and at the best, it will move in line with the earnings growth,” HDFC Securities said.The brokerage recommends investors to accumulate these 8 stocks:

Jindal Steel & Power’s daily trend is bullish, however, in the last few trading sessions, it is showing weaknesses and shown some correction. Based on option chain analysis, the range is between 500 and 600. This is a wide range. Using the PCR ratio, it is at 0.7. Let’s plan a trade around that.

The board of Grandma Trading will be announcing its quarterly results. Furthermore, the board of One 97 Communications, the parent company of payments services firm Paytm, will meet to consider and approve share buyback.

Nifty futures on the Singapore Exchange traded 22.5 points, or 0.12 per cent, higher at 18,620.50, signaling that Dalal Street was headed for a positive start on Tuesday. Here are some stocks which may buzz the most in today's trade.

The Nifty on Monday recovered from the low point below the 18,400 mark in a strong consolidation. As all eyes are now focussed on US Fed panel’s decision, the Indian markets are likely to go into a wait-and-watch mode.

After four consecutive mega-hikes of 75 basis points, the market is expecting Fed Chair Jerome Powell to moderate the pace of hikes to 50 bps amid early signs of moderation in inflation. The outcome of the two-day meeting of the Federal Open Market Committee (FOMC) would be known tomorrow midnight.

The S&P 500 has moved an average of around 3% in either direction over the past six CPI releases, including a 5.5% jump on Nov. 10, when inflation data came in weaker than expected. That compares with an average daily move of about 1.2% over the same period.

The stock bounced after a few days of consolidation and rose to a 52-week high. A rise in volume indicates that major market participants were in favour of the bulls. The key technical indicators are positively poised.

Jindal Steel & Power’s daily trend is bullish, however, in the last few trading sessions, it is showing weaknesses and shown some correction. Based on option chain analysis, the range is between 500 and 600. This is a wide range. Using the PCR ratio, it is at 0.7. Let’s plan a trade around that.

Consumer inflation data will be closely monitored on Tuesday, and is expected to show prices increased by 7.3% in November on an annual basis, slowing from the 7.7% rise in the previous month, while the "core" reading which excludes food and energy is expected to show a 6.1% increase from the 6.3% in the prior month.

A key focus for traders was U.S. inflation data due out at 1330 GMT on Tuesday, with core CPI expected to slow from 6.3% to 6.1% and headline inflation dropping to 7.3%. Treasury Secretary Janet Yellen struck a cautious note on Sunday in saying she expected a substantial slowdown in 2023 inflation, but that the U.S. economy remained prone to shocks.

U.S. stock indexes rallied to kick off the trading week on Monday, lifted in part by gains in Microsoft and Pfizer, as investors girded for inflation data on Tuesday and a policy announcement from the Federal Reserve later in the week.

The homegrown auto major Tata Motors said it would explore the possibility of partial divestment of its holding in subsidiary Tata Technologies Ltd through an initial public offering route.

"It does not make sense to sell this secured AA-rated paper at a discount. Other comparable AA-rated papers in the market would yield between 9-9.5%, while this one yield 10.75%," said Deepak Punjwani, head-debt at GEPL Capital.

Exports contracted in October after a gap of 19 months. Merchandise exports slipped below the level of $30 billion for the first time in the last 20 months. This marked a contraction of 16% on a sequential basis and a hefty 17% on an annualised basis.

The slowdown in population growth is a 'good problem' to have, in that global population control is a necessary condition for long-term environmental sustainability, Goldman said.

According to the voting results published on BSE, 74.58%, including promoters, voted in favour, while 25.42%, including 82.92% of the institutional investors, voted against the resolution. As this was a special resolution, it requires the approval of shareholders holding at least 75% of the total equity.

Pristine Malwa proposed a ₹521-crore resolution plan, which includes payment to lenders, employees, and cash in the company. The offer equates to 30% recovery for verified creditors.

Country's largest IT services exporter Tata Consultancy Services declined for the seventh straight day. Provisional data showed a marginal increase in net open interest in December as well as January contracts.

The assets put together have a cement manufacturing capacity of 9.4 million tonnes per annum (MTPA), including clinker capacity of 6.7 million tonnes and thermal power plants of 280 megawatts and are situated in Madhya Pradesh, Uttar Pradesh, and Chhattisgarh.

The stock with a market capitalisation of more than Rs 4,4000 crore hit a 52-week high of Rs 1,695 on September 2, 2022, but failed to hold on to the momentum

US stocks edged higher in early trading, indicating a cautious start on Wall Street. The Dow Jones Industrial Average rose 0.55%, the S&P 500 gained 0.27%, and the Nasdaq Composite added 0.07%.

"At current juncture, Colgate Palmolive has given a fresh breakout above a Symmetrical Triangle pattern and can be seen trading in a rising channel with the formation of the higher high and higher bottom pattern," Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.

In the event of non-payment, it will recover the amount by attaching and selling the movable and immovable properties of the firm.

The scale of the cuts in Asia could be replicated in Morgan Stanley's U.S. and European operations, and would be in contrast with 2021 when its top bankers earned up to 20% more in bonuses globally, said sources

The Dow Jones Industrial Average rose 43.04 points, or 0.13%, at the open to 33,519.50

Post the announcement, the stock traded with a cut of 4% at around 3:12 pm at Rs 125.35 apiece on the NSE.

Benchmark equity indices ended flat after struggling for direction for much of a volatile session on Monday, as investors braced for local retail inflation data and the US Federal Reserve's monetary policy decision. Nifty ended below 18,500, while broader markets outperformed. Sectorally, Nifty PSU Bank emerged as the outlier, gaining 1.4%.“After showing sharp weakness on Friday, the downside momentum continued on Nifty in the early part of Monday's session, but the market was able to show smart upside recovery from the intraday lows towards the end. After opening on a weak note, the market slipped into further declines soon after the opening,” Nagaraj Shetti, Technical Research Analyst at HDFC Securities, said.Here are 4 stock recommendations for Tuesday:

A sustainable up move only above the hurdle of 18,650 levels could confirm an uptrend continuation pattern. Immediate support is placed at 18,350 levels, said Nagaraj Shetti, Technical Research Analyst at HDFC Securities.

"It's a long term partnership. In terms of the products we will be building together, I would expect our customers to start to see the benefits of that 18 to 24 months out and we will continue building from there," Schwimmer told Reuters.

Wipro is best placed in terms of resilience (least exposure to stressed verticals), expectations (pessimism built in given highest cuts to FY24E USD revenue growth) and valuation comfort (lowest premium to past 5-year median), the brokerage firm said.

The BSE Auto index saw its third good year in the trot after surging about 20% in each of the last two years. In 2022, the index performance is almost 3 times higher than benchmark index Sensex, which gained 7%. As many as 12 of 17 stocks from the BSE Auto Index have given double-digit returns, and from that list, 6 stocks have gained anywhere between 25 and 70% so far in 2022 (Data Source: ACE Equity). Interestingly, all 6 stocks look quite strong on SWOT analysis. Take a look at the key strengths of these stocks, according to Trendlyne.com.

In the Sensex pack, Asian Paints, Infosys, Titan and Kotak Bank were the top losers, falling about 1-2%. Power Grid, SBI, Bharti Airtel, Sun Pharma, Bajaj Finserv and HUL also closed lower.