GIFT Nifty on the NSE IX traded 10.5 points, or 0.05 per cent, lower at 19,554.50, signaling that Dalal Street was headed for muted start on Thursday. Here's a slew of stocks that will be in focus today for various reasons.

The momentum indicator MACD is also showing positive signs. The volume during green days is higher than the red days, which also confirms the upper hand of the bulls. We recommend buying the stock at current levels for 3350 and 3450 with immediate support around 3230 and 3195.

Investors are also looking to China trade data for clues on how the world's second-largest economy is faring following a slew of disappointing economic releases. Exports rose 3.7% in the first half of the year in yuan-denominated terms while imports held mostly flat, data released on Thursday morning showed, with more to come later in the day.

"All weekly contracts shall expire on Wednesday of every week excluding the expiry week of the monthly contract. If Wednesday is a trading holiday, then the expiry day is the previous trading day," NSE said in a circular. For monthly and quarterly contracts of the widely-tracked banking index, there is no change and will continue to expire on the last Thursday of the expiry month.

The data underscored expectations the Federal Reserve may let interest rates stand after one more 25 basis point hike expected at its July policy meeting. Shares of big tech-related companies, which tend to be sensitive to higher interest rates, gave the S&P 500 its biggest boost. The technology sector was up 1.3%

Baba Ramdev-led FMCG company Patanjali Foods announced that the promoters will sell up to 9% stake through an offer for sale (OFS) at a floor price of Rs 1,000.

"Granules stock has formed a strong base around the support zone of long term moving average i.e. 200 EMA on the weekly chart and looks set to retest the upper band of the range soon. Participants can consider creating fresh longs in the mentioned range," Ajit Mishra, SVP - Technical Research, Religare Broking Ltd, said.

SpiceJet promoter Ajay Singh will infuse Rs 500 crore into the airline to enable it to make full use of the Indian government’s Emergency Credit Line Guarantee Scheme (ECLGS). The scheme was introduced in 2020 as part of efforts to ease the financial impact of Covid-19 on struggling businesses. SpiceJet has already drawn Rs 410 crore from the ECLGS scheme and will receive an additional Rs 206 crore following Singh's investment.

​​In the auto and auto ancillary sector, analysts estimate that the execution of strong order books and increasing electric vehicle penetration have kept investors’ interest intact in select stocks.

In the first auction on December 21, Torrent Investments made the highest offer of Rs 8,640 crore, while the Hinduja Group entity offered Rs 8,110 crore. However, within 24 hours, the Hinduja entity gave a revised, improved offer of Rs 9,000 crore, a development contested by Torrent.

In its notified rules, the capital market regulator Securities and Exchange Board of India (Sebi) has said that agreements that subsist as of the date of notification are to be disclosed to the stock exchanges. It was earlier understood that only prospective agreements must be disclosed, not retrospective.

The decision is expected to impact gaming volumes besides slowing down future foreign investment and the viability of gaming companies - especially in the start-up space - that have recorded impressive growth in recent times, said analysts. The 28% levy is the highest standard rate and typically covers most luxury items.

A bearish reversal scan on the candlestick screener can help ascertain stocks showing tendency to slip downwards from an upward zone. So, here are 6 major stocks that established a Hanging Man pattern on Wednesday and signal a bearish reversal. (Source: StockEdge)

Average monthly spending through credit cards has doubled in three years from Rs 60,000 crore a month in FY'19-20 to Rs 1.2 lakh crore a month in FY'22-23.

On the candlestick screener, a bullish reversal pattern helps identify stocks that can move into an uptrend from a downward zone in the future. So, here are 3 stocks with m-cap over Rs 1000 crore that have established a hammer pattern in Wednesday’s trade and signify a bullish reversal. (Source: StockEdge)

The floor price for the offer has been fixed at ₹1,000, which is 18% discount to Wednesday's closing price of ₹1,228. At the floor price, the OFS could fetch ₹3,260 crore for the promoters.

The stock hit a 52-week high of Rs 381 on November 4, 2022, but failed to hold on to the momentum. It has moved in a range since January 2023. On the upside, a level around Rs 316 acted as a stiff resistance while on the downside support was placed around Rs 260 levels on the weekly charts.

The much awaited U.S. Labor Department report showed growth in core consumer prices, which excludes food and energy, eased to 4.8% from 5.3% in May on an annual basis. Economists had expected a 5% rise.

U.S. stock gains helped push up MSCI's main 47-country world index, which is now around 14% higher for the year, bouncing back from rate hike-induced lows in late 2022.

Indian equity indices snapped their 3-day winning streak on Wednesday in a volatile session. Nifty settled lower by 55 odd points at 19,384, while Sensex logged a decline of 224 points to close at 65,394. Sector-wise, it was a mixed session, with Nifty PSU Bank clocking the highest gains, while IT pack was the top laggard

Dow Jones Industrial Average is up 282.05 points, or 0.82%, at 34,543.47, the S&P 500 rises 40.07 points, or 0.90%, at 4,479.33

On Wednesday, the benchmark index Sensex witnessed a significant decline of around 223 points, closing at 65,393. Nevertheless, despite this drop, six stocks listed on the BSE Commodities Index reached new peak levels in the last 52 weeks. The 52-week high holds great significance for specific traders and investors, as it serves as a crucial technical indicator to evaluate a stock's current value and predict potential price fluctuations. It represents the highest price at which a stock has been traded in the previous year.

Power Finance Corporation has filed a draft shelf prospectus offering Rs 10,000 crore ($1.34bn) in non-convertible debentures (NCD). The NCDs will be issued in one or more tranches, with at least 75% of the proceeds put towards lending, financing, refinancing or general payment purposes. The rest is earmarked for general corporate purposes.

Data showing that inflation has scooled further in June lift investor hopes that the Federal Reserve is nearing the end of its monetary tightening cycle

In the last one-year period, HCL Tech has paid a dividend of 48 per share, which results in a dividend yield of 4.32%.

The infusion will be done through subscription to equity shares or convertible securities on a preferential basis.

Patanjali Ayurved will offload about 2.53 crore equity shares under the OFS, which represents 7% stake, and in the case of oversubscription, the promoter is planning to sell additional 2%.

Several BSE MidCap stocks hit new 52-week highs on July 12, indicating their growth potential and market resilience. Among them are 3M India, a diversified technology company; BHEL, an engineering and manufacturing enterprise; CG Power & Industrial Solutions, offering end-to-end electrical solutions

Positive chart patterns like higher tops and bottoms were intact on the daily chart and present weakness could be in line with new higher bottom formation at the highs, analysts said. On a move below 19,300, the market is likely to find another important support of 19,100-19,000 levels. Fresh buying interest could only emerge on a decisive move above 19500 levels, said Nagaraj Shetti of HDFC Securities

Reliance Industries, a conglomerate with diverse interests ranging from petrochemicals to telecommunications, achieved a 52-week high of Rs 2,802.20.IndiGo, a prominent player in the aviation industry, reached a 52-week high of Rs 2,743.55

Bonus shares are fully paid additional shares issued by a company to its existing shareholders. When a firm issues bonus shares, its shareholders do not have to incur any extra costs to get them. The number of bonus shares you receive depends on the number of shares of the firm you already hold

As a result of the reverse merger of HDFC Bank and HDFC - the stocks of HDFC Bank are all set to surpass Mukesh Ambani's Reliance Industries when it comes to Nifty weightage. HDFC Bank is currently India's largest private-sector lender right now.

The source declined to provide details of the names of investors Adani is in talks with, but said the response so far had been positive as potential investors believe the current valuation is attractive.The fundraising is critical for the Indian group, run by billionaire businessman Gautam Adani, who was earlier this year jolted by short-seller Hindenburg Research's report alleging improper use of tax havens and concerns over its debt levels

Sectorally, buying was seen in realty, healthcare, and oil & gas stocks, while selling was seen in IT, telecom, utilities, and consumer durable. Stocks that were in focus include names like Elgi Equipments, which was up 7%, J.B Chemicals & Pharmaceuticals, which gained over 6% to hit a fresh 52-week high, and Delta Corp, which fell more than 23% on Wednesday.

"We have gone ahead and rolled out our annual salary increase with effect from April 1st. Our operating margin of 23.2% reflects the 200-bps impact of this hike, offset through improved efficiencies," TCS CFO Samir Seksaria said.

Six of the 13 major sectoral indices logged gains, with public sector banks rising 0.83%. The high weightage IT fell 0.71% and was the top sectoral loser. The market breadth was skewed in the favour of the bulls. About 1,748 stocks gained, 1,711 declined, and 142 remained unchanged on the BSE.

Benchmark equity indices ended lower on Wednesday after three days of gain amid profit-taking ahead of key macroeconomic data announcements due later in the day along with the first quarter earnings from TCS and HCL Technologies. Fag-end selling pulled down the 30-share BSE Sensex lower, which declined 223.94 points or 0.34 per cent to settle at 65,393.90. During the day, it hit a low of 65,320.25 and a high of 65,811.64. The NSE Nifty fell by 55.10 points or 0.28 per cent to end at 19,384.30.

"We have gone ahead and rolled out our annual salary increase with effect from April 1st. Our operating margin of 23.2% reflects the 200-bps impact of this hike, offset through improved efficiencies," TCS CFO Samir Seksaria said.

According to the regulator, the four firms had mobilised funds by issuing Redeemable Preference Shares (RPS) to more than 49 persons without complying with the public issue norms.

Infra stocks are classified as cyclical stocks as their performance depends on the country’s economic condition. Hence, these are also high-beta stocks. ETMarkets has collated a list of stocks from the Nifty Infra index with high beta compared to the sectoral beta. Have a look (Source: StockEdge).

For better prediction of future trends and prices of stocks, technical analysis tools are widely used. Among them, one of the indicators or tools is the Average Directional Index (ADX). Here, we have collated a list of 7 major stocks with m-cap of over Rs 10,000 crore that are entering a strong trend zone based on ADX. Further, note that for these stocks ADX has gone above 40 from below. (Source: StockEdge).

HDFC's seat will be taken over by LTIMindtree in Nifty and JSW Steel in Sensex. HDFC Bank's say in the movement of all three big indices will increase due to an increase in weightage.

Over the past five trading sessions, Indian equities have experienced a bit of volatile trading, fluctuating around their all-time high level. On July 7, the benchmark Sensex reached a record high of 65,898. ETMarkets has identified six stocks from the BSE200 index that have consistently shown growth in their share prices during this period, despite market volatility. With the exception of Union Bank, most of these stocks are currently trading near their highest point in the past 52 weeks. (Data Source: ACE Equity)On SWOT analysis, all of these stocks demonstrate more strengths than weaknesses, indicating a favourable outlook, according to Trendlyne data.

Several Indian companies have demonstrated growth by crossing their 100 SMA (Simple Moving Average) on July 11, 2023. These companies include Indiamart Intermesh, Hikal, Aptus Value Housing Finance India, Finolex Cables, Ipca Laboratories, Aditya Birla Fashion and Retail, and V-Mart Retail.

Ambit Investment Advisors’ Emerging Giants fund has been a consistent performer, rising 5% in June. It has given a whopping 40% return in a 1-year period.ICICI Prudential’s PIPE strategy fund in the midcap and smallcap category has given nearly 10% returns in June and has been a consistent performer. Over a 1-year period, this fund has given 46% returns to investors.

PTI reported on Tuesday that DGCA has put the carrier under "enhanced surveillance" amid multiple financial headwinds in recent months. However, SpiceJet refuted any such development.

Several stocks including Restaurant Brands Asia, Sun TV Network, Avenue Supermarts, Quess Corp, Cipla, Rain Industries, Affle (India), and Wipro showcased promising growth by surpassing their 200-day Simple Moving Average (SMA) on July 11, potentially indicating shifts in their long-term trends. Restaurant Brands Asia closed at Rs 112.05, Sun TV Network at Rs 476.25, Avenue Supermarts at Rs 3827.10, Quess Corp at Rs 435.35, Cipla at Rs 1027.80, Rain Industries at Rs 166.45, Affle (India) at Rs 1070.15, and Wipro at Rs 392.05. These stocks have caught investors' attention.

RSI or Relative Strength Index computes the ratio of the recent upward price movement of the security to the absolute price movement. The metric ranges from 0-100 and the time period considered by StockEdge to measure the metric is 14 days. Typically, RSI is a momentum indicator used in the technical analysis of stocks and helps to determine the overvalued or undervalued state of the security.

India’s Lok Sabha elections will be held in 2024 and we expect the CV demand momentum to sustain due to the government’s higher spending and push towards Infrastructure, mining, and real estate sectors.

After their heyday of 2008, real estate companies made a comeback in the second half of 2020. Especially the residential part of the real estate. Multiple factors brought them back to the centre stage. Increase in demand taking care of excess inventory, and some saving’s once again shifting toward real estate as an asset class.