According to Trendlyne data, the conglomerate's chief drew a salary of Rs 10.66 crore in FY22. Puri was appointed as a Wholetime Director on the Board of ITC with effect from December 2015

RSI indicated a bearish crossover, suggesting a potential decline in the market. Now, Nifty has to hold above 19400 zones to extend the move towards fresh all-time high levels of 19525 and 19600 zones, while on the downside, support is intact at 19333 and 19250 zones, said Chandan Taparia of Motilal Oswal

The RSI is a widely-used technical indicator that measures the strength and velocity of price movements in a stock. It provides a numerical value ranging from 0 to 100, indicating whether a stock is overbought or oversold. RSI is calculated based on the average gain and loss of a stock's closing prices over a specific period, typically 14 days

Several stocks, including Mazagon Dock Shipbuilders, Reliance Industries, and Apollo Tyres, among others, exceeded their last week’s highs on July 10, 2023, indicating remarkable performance in the stock market. Mazagon Dock Shipbuilders, a company specializing in the construction of naval ships and submarines, surpassed its last week's high

Equity benchmark indices rallied on Tuesday tracking a positive trend in the global markets and unabated foreign fund inflows. Buying in index major Reliance Industries, Infosys and ITC also helped markets extend their previous day's gain. The 30-share BSE Sensex advanced 273.67 points or 0.42 per cent to settle at 65,617.84. During the day, it rallied 526.42 points or 0.80 per cent to 65,870.59. The NSE Nifty climbed 83.50 points or 0.43 per cent to end at 19,439.40.

Nifty stays range-bound for sixth straight session. Eight of the 13 major sectoral indices logged gains, with auto and fast moving consumer goods (FMCG) indices adding over 1.2% each after several brokerages, including HSBC, Citi and Jefferies, reiterated their bullish outlook on earnings growth in the sectors.

The seven entities that received notices are -- Torus Buildcon, Artifice Properties, Rosestar Marketing, Oscar Investments, Ad Advertising, Zolton Properties, and Saubhagya Buildcon.

Several BSE MidCap stocks, including ABB India, Bharat Electronics, Polycab India, and Muthoot Finance, reached new 52-week highs, demonstrating strong market momentum. Power Finance Corporation, CG Power and Industrial Solutions, Samvardhana Motherson International, and REC also recorded notable achievements in share price performance.

Incorporated in 2016, Utkarsh commenced operations in 2017 and its product suite includes a range of deposit products, including saving accounts, salary accounts, current accounts, recurring and fixed deposits and locker facilities. It also had the second highest provision coverage ratio among SFBs in fiscal 2023. In this video, Neha Vashishth talks to Utkarsh Small Finance Bank's MD & CEO Govind Singh and CFO Sarju Simaria to understand the bank's future road map and more. Watch!

Monitoring stock movements is crucial for investors seeking potential opportunities. On July 10, 2023, several stocks demonstrated significant growth by crossing their 50-day Simple Moving Average (SMA). Let's delve into the performance of these stocks and learn about the companies driving their success.

On July 11, 2023, several Indian stocks demonstrated noteworthy growth by crossing their 200 Simple Moving Average (SMA), a valuable indicator that confirms long-term trends and identifies support and resistance levels. Pokarna, Indostar Capital Finance, Aegis Logistics, Rupa & Company, TCPL Packaging

In FY24 so far, the Nifty Realty index emerged as the top performer, experiencing a significant increase of about 36%, while the benchmark index Nifty50 saw a growth of 11.5% during the same period. Recently, the Nifty Realty index reached its highest level in 20 months, touching the 537 mark, a level last seen in October 2021. In just over 3 months, all the stocks in the index have witnessed impressive gains, ranging from 15% to 50%. Leading the pack are Godrej Properties, Prestige Estates Projects, Macrotech Developers and DLF. It is worth noting that although Indiabulls Real Estate has risen by 30% in FY24, it is still 50% away from its year-high level, while most other stocks are trading near their 52-week high levels. (Data Source: ACE Equity).A majority of these stocks appear robust based on SWOT analysis, exhibiting more strengths than weaknesses, according to Trendlyne data.

ETMarkets has listed 6 large and midcap stocks that are said to be overbought based on Stochastic Oscillator. Note, when the stochastic measurement is above 80 it indicates that an asset is overbought, while when it is below 20 it suggests that it is oversold. Here the data is based on the previous trading day i.e. July 10, 2023. (StockEdge)

ETMarkets.com has collated a list of major stocks whose MACD line has crossed above the signal line from below. This is considered as a bullish signal, suggesting the price of the stock can tick higher. Let’s first understand MACD and other metrics of importance here. (Source: StockEdge)

The RSI is a widely-used technical indicator that measures the strength and velocity of price movements in a stock. RSI provides a numerical value ranging from 0 to 100, indicating whether a stock is overbought or oversold. It is calculated based on the average gain and loss of a stock's closing prices over a specific period, typically 14 days.

Actor Parineeti Chopra has turned entrepreneur by acquiring a minority stake in Clensta. The health & personal care brand provides an affordable and innovative range of sustainable products. "Always aspired to build my own co or become an investors. Investment criteria was a brand that is innovative. Didn't want to be another actor backing a cosmetic Co. Clensta's egg shampoo is what brought me to the the brand. Founder's ethos and unique products bought me on board.", says Parineeti Chopra.

Shares of defense companies were up on Tuesday, with Premier Explosives leading the rally due to its robust order book and healthy pipeline. Other defense companies that saw gains were Bharat Dynamics, Zen Technologies, and Mazagon Dock Shipbuilders.

Several BSE SmallCap stocks reached new 52-week highs on July 11, including Apollo Tyres, Bombay Burmah Trading Corp, Kalyan Jewellers, IIFL Finance, Manappuram Finance, KIMS Hospitals, CCL Products, Chalet Hotels, and Mazagon Dock Shipbuilders. The companies cover a diverse range of industries, from jewellery and hospitality

RSI, a momentum indicator, gives short-term buy and sell signals and helps to determine a stock’s overbought and oversold state. It is the ratio of the recent upward price movement to the absolute price movement. The RSI value ranges between 0-100. The StockEdge data computes the value of RSI by taking 14 days as the reference period. So, here are the largecap stocks whose RSIs have crossed the 70 mark from below, suggesting an overbought state. Typically, this situation hints at a sell signal on the counter. Note the data is from the previous day. (Source: StockEdge)

When a stock enters the overbought zone, it implies that buying pressure has pushed its price to an unsustainable level, increasing the likelihood of a pullback. On the other hand, when a stock enters the oversold zone, it suggests that selling pressure has pushed the price too low, potentially indicating a buying opportunity.

The data was sourced from BSE at 12.15 pm, and the updates from the real-time data could come with a lag. The below data also pertains only to the time at which it was taken.

Relative Strength Index (RSI) is a widely used technical indicator that measures the speed and magnitude of price movement in a stock. ETMarkets reported the top 10 stocks trending up with a rising RSI. A higher RSI suggests that a stock is overbought, while a lower RSI implies oversold conditions. Stocks with consistently high RSI

Up over 17% in the last 3 months, Reliance stock has had a good run for the past few weeks but is still trading in a broad-based consolidation range, which will break out only above Rs 2,850 level.

Millennials devote nearly 4 hours per day to screen time (source Google), and this had a profound impact. These millennials are targeted with eye-opening content with regard to Investing, ignited with the Importance of Investing and made them land on various investing Apps and related content.

As China once again announced measures to prop up its real estate market. The focus is back on metal stocks. Unlike 2021 and early 2022 when the outlook was bullish across the board. This time around it is not secularly but selectively bullish. It is selected stocks which are getting attention, companies either with large capacity, fully integrated or in any area where they are literally monopolies.

The Nifty IT index is probably the only sectoral index which has not formed a new high in recent weeks. The reason, it is one sector where analysts are least bullish in terms of expecting any upside over the next 12 months. 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 domestic brokerage values Tata Motors stock at 19.3X/16.2X FY24E/FY25E consolidated P/E and 5X/4.2X EV/EBITDA. The shares are currently hovering at all-time high levels. It hit 52-week high of Rs 634.60 on BSE on Monday.

Vedanta and Foxconn terminated their joint venture to make semiconductors in India by "mutual agreement" to "explore more diverse development opportunities," the Taiwanese component maker said on Monday.

As nifty continues to form a new high every day, more number of mid-caps stocks are joining the party. Stocks from sectors like pharma, financial service, fashion retailer have come to the list. 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.

The DBP has cleared the acquisition of three additional Scorpene submarines, extending the current line of boats under construction. These submarines will be more advanced versions of the current class of boats built by the yard - five have been delivered, and the sixth is expected next year.

The stock which is also part of the S&P BSE Sensex witnessed a breakout last week from the neckline of 13-month consolidation placed at Rs 1,165. However, some selling was seen post the breakout which took the stock around Rs 1,150.

The cost of acquisition of Sobek will be for a consideration of Rs 537.43 crore which is to be paid on the completion date of the acquisition, the company said in a filing to the exchanges. The nature of consideration is cash, the filing added.

The global investment bank believes that the ER&D spending slowdown seen over the last six months is structural and not cyclical. Channel checks suggest that there is no urgency amongst enterprises to spend on these areas. Reopening (post-Covid) requires less need for spending on connected and smart products.

This NBFC stock has been making a big push towards reducing the cyclicality of business, which comes from its core vehicle financing business. While its current valuation of 4.4x FY25E P/BV appears expensive, we believe that the scarcity of high-quality NBFC franchises. We have a 12-month target of Rs 1350 which translates into an upside of 14% (LTP Rs 1177),” Sneha Poddar, Associate Vice President at Motilal Oswal Financial Services Limited, said.

“A typical HNI/UHNI, depending on age and other goals – can allocate somewhere between 10% -20% in alternates. Within that, there could be private equity, venture capital etc.,” Mohamed Irfan, Fund Manager at Vivriti AMC, said. (Source: PMSBazaar)

Ahead of Q1FY24 earnings, a host of brokerages have initiated coverage on several counters. They see a strong potential for value unlocking in these companies, which includes Landmark Cars and Avalon Technologies, with a targeted upside of up to 28%. Here is a list of 4 stocks on which brokerages initiated coverage ahead of Q1FY24 results:

The Futures scan performed on Monday revealed Aggressive New Long positions on 5 Nifty50 largecap counters. This indicates a bullish sentiment in the market, as the average traded and delivered quantity for 5 days, the cumulative open interest, and the price of the stocks --- all have increased. (Source: StockEdge)

India VIX was down by 0.59% from 11.53 to 11.46 levels on Monday. Volatility sunk lower and is hovering near its lower band which may support the bulls near immediate support zones. 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.

Sector-wise, Nifty Auto surged 0.76% and Nifty Financial Services rose 0.56%. Banks, FMCG, pharma, realty, consumer durables, and healthcare sectors also opened with gains. In the broader market, Nifty Midcap 100 rose 0.43%, and Nifty Smallcap 100 gained 0.39%.

Sensex gains 200 points, Nifty above 19,400; CarTrade Tech surges 13%, Vedanta sheds 3%; PNB, Yes Bank, NHPC are some of the gainers in the morning trade.

In case of Nifty Bank index, HDFC Bank's weight will increase from 26.9% to 29.1%, leading to inflows of about $70 million from passive funds, according to calculations by Nuvama.

On the candlestick screener, a bullish reversal pattern helps identify stocks that can convert into an uptrend from a downward zone. So, here are 5 stocks with m-cap above Rs 1000 crore that have established an Inverted Hammer pattern and hint at a bullish reversal. (Source: StockEdge)

India VIX was down by 0.59% from 11.53 to 11.46 levels on Monday. Volatility sunk lower and is hovering near its lower band which may support the bulls near immediate support zones. 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.

Bearish reversal scans on the candlestick screener help ascertain stocks which can slip downward from an uptrend zone. Here is a list of 7 stocks with m-cap over Rs 1000 crore that have established a Shooting Star pattern and signal bearish reversal. (Source: StockEdge)

In the NSE list of stocks with a market cap of over Rs 1000 crore, six stocks crossed above their 200 DMAs (Daily Moving Averages) on July 10, 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.

After a weak session on Friday, the start of the week remained better than expected. NIFTY consolidated in a defined range before closing with minor gains. The markets saw a positive start to the day and the NIFTY marked its high point in the first hour of the session. Some selling pressure followed, but both the key indices managed to come off their low point. The benchmark index, NIFTY, ended the day with minor gains of 24.10 points (+0.12%). Much on the anticipated lines, the indices are consolidating within a broad but defined range. More opportunities are likely to come from the broader universe.

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 Tata Steel and RIL while Nooresh Merani has a buy/sell recommendation on Bosch and Bharti Airtel 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 six stocks that witnessed a 5-year swing high at the close on July 10, 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.

It is on the verge of a longer breakout from its long-term consolidation and poised for a fresh up move. Its higher bottoms on weekly charts protect the downside from current levels and risk-reward is in favour of longs.