The F&O 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%. Traders who trade in indices do not encounter a situation of security ban.

In the NSE list of stocks, six stocks with a market cap of over Rs 1000 crore are witnessing Golden Crossovers, according to stockedge.com's technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks' 50-day simple moving averages (SMA) crossed their 200-day SMAs on July 10.

Investors were digesting comments from several Federal Reserve officials on Monday who said while additional rate hikes are needed to bring down inflation, the end to the central bank's current monetary policy tightening cycle is getting close.

Investors were digesting comments from several Fed officials who said on Monday additional rate hikes are needed to bring down inflation that is still too high, but the end to the U.S. central bank's current monetary policy tightening cycle is getting close.

GIFT Nifty on the NSE IX traded 29 points, or 0.15 per cent, higher at 19,485.50, signaling that Dalal Street was headed for positive start on Tuesday. Here's a slew of stocks that will be in focus today for various reasons.

The Nasdaq 100 includes 100 of the largest companies that trade on the Nasdaq exchange, and changes to the index will force investment funds that track it to adjust their portfolios and sell shares of companies that have their weight in the index reduced.

Option data suggests a broader trading range in between 19100 to 19700 zones while an immediate trading range in between 19200 to 19500 zones.

Rama Mohan Rao Amara, Managing Director & CEO has tendered his resignation from directorship of the company with effect from August 11. He will also cease to be the MD and CEO of the company.

Union Ministers Ashiwini Vaishnaw and Rajeev Chandrasekhar say the move won’t impact India’s chip mission.

In the last few weeks, CFM ARC and the promoter have been outbidding each other in making unsolicited offers to the lenders for the distressed thermal power company, as reported by ET on June 22.

The Securities and Exchange Board of India (Sebi) has filed an application in the Supreme Court detailing its response to various suggestions made by the apex court-appointed expert committee in the wake of the Hindenburg report against the Adani Group on potential breaches of securities laws.

RIL shares closed at ₹2,735.25 apiece, up 3.86% from the previous close. Over 2 crore RIL shares exchanged hands on the BSE and NSE, four times its combined average daily volume for the last month, exchange data showed.

The $150-million loan, due in 2025, has a residual maturity of about two years, which will now be linked to the company's ESG targets.

During the April-June period, private life insurers reported a growth of 10.58% in their total premium income to ₹28,167 crore compared to ₹25,437 crore in the same period last year. This was largely driven by an increase in group single premium policies. In contrast, state-owned Life Insurance Corporation of India (LIC) witnessed a decline of 7% in its total premium income to ₹44,837 crore from ₹48,201 crore during the same period.

India will become the second largest economy in the world by 2075 surpassing not only Japan and Germany but also the US, stated a Goldman Sachs report on Monday. According to the investment bank report, as India's population of 1.4 billion people becomes the world's largest, its GDP is forecast to expand dramatically.

"India exemplifies the attributes sought by sovereign investors," said Terry Pan, Invesco's chief executive officer for Greater China, Southeast Asia and South Korea. Pan is the author of the report.

On June 30, promoters of air-conditioning generator manufacturer TD Power Systems sold 37.7 million shares for ₹835 crore. Shares of TD Power rallied 8% in the last three months and 20% in the last one year.

The stock has risen over 8% in a week, consolidated in a range on the daily charts before finally breaking out from the range with strong volumes. Short-term traders with high-risk profiles can buy the stock for a potential target of Rs 690 in 3-4 weeks, suggest experts

Despite the funding winter in the space, startups continued to attract the largest share of private equity capital, which in absolute terms was a steep 69 per cent decline year-on-year.

Icahn Enterprises jumped 19.0% after the investment firm said Carl Icahn and banks have finalized amended loan agreements that untie the activist investor's personal loans from the trading price of his firm.

The trading of Indian stock futures on the NSE International Exchange at GIFT City in Gujarat, which was formerly traded on the Singapore Exchange, has struggled. The average number of contracts for GIFT Nifty was 32,934 in the week up to July 7. This is lower than SGX Nifty's 60,884 future contracts traded in April, May and June on SGX.

BSE celebrated its 149th foundation day and launched a new logo expressing prosperity, vibrance, growth, new beginnings, trust, and responsibility. The blue color in the logo signifies knowledge, integrity, and trustworthiness, which BSE has built up over 149 years, while the flame color ranges from deep red to deep orange and transforming itself into bright yellow

Benchmark Sensex and Nifty advanced in a volatile trade on Monday, driven by heavy buying in index major Reliance Industries and unabated foreign fund inflows. Bouncing back from Friday's decline, the 30-share BSE Sensex gained 64 points or 0.10% to settle at 65,344.17. The NSE Nifty advanced 24 points or 0.12% to end at 19,355.90. Correction in IT counters ahead of their quarterly earnings announcements restricted the gains.Oil and gas and metal packs ended higher, while all other indices saw a cut.“The Nifty experienced a range-bound trading pattern. Despite this, the bulls managed to defend the support level of 19,300, preventing a significant decline. However, the hourly RSI indicated a bearish crossover. This suggests a potential shift towards a downward trend. If the support level of 19,300 is breached, a correction in the market may be expected. On the upside, resistance levels are anticipated around 19,450-19,500,” Rupak De, Senior Technical analyst at LKP Securities, said.Here are the stock recommendations for Tuesday:

SBI holds 5% stake in NSDL while it intends to divest 2% in the Offer For Sale (OFS) subject to the terms of the proposed IPO, it said.

Reliance Industries plans to demerge its financial services subsidiary, which will be renamed Jio Financial Services (JFSL), unlocking value and making it India's fifth-largest financier in terms of capital. After separating financial services from other core businesses, RIL can attract strategic partners with only financial service interests, according to analysts.

Michael Barr, the Federal Reserve's vice-chair for supervision, has proposed a series of measures to reinforce banking oversight. These include increasing capital requirements for large US banks with over $100bn in assets, including mid-sized institutions, as well as introducing a long-term debt requirement for all large banks.

The Securities Appellate Tribunal has dismissed pleas by Zee Entertainment promoters Subhash Chandra and Punit Goenka challenging the Securities and Exchange Board of India's interim order that restrains the two from holding board positions in public listed companies for a year due to alleged fund diversion.

On Monday, the benchmark index Sensex closed flat at 65,344, with a positive bias. Against this modest gain, 9 stocks from the BSE large cap index reached a new high for the past 52 weeks. The 52-week high is of significant importance to certain traders and investors, as it serves as a crucial technical indicator for assessing a stock's current value and predicting possible price changes. It represents the highest price at which a stock has traded over the previous year.

ADX or Average Direction Index is a technical analysis tool that helps quantify the trend strength. ADX is computed based on a moving average of price range expansion over a given time period. Here, we have identified 4 major mid and small cap counters whose ADX has gone below 40. Note the data here is of the previous trading day (Source: StockEdge).

Oasis develops and provides advanced technologies and personalised services to enable the deployment of eSIM and SIM technologies. It has delivered over 350 million operating systems worldwide, worked with more than 100 mobile network operators (MNOs) and has been helping OEMs and IoT service providers to deliver eSIMs potential to global enterprises

Dow falls 29.20 points; S&P 500 opens lower by 4.72 points while Nasdaq Composite drops 15.34 pointsat the opening bell

Ten stocks have emerged from the overbought zone after experiencing bearish RSI trends. Relative Strength Index (RSI) allows investors to keep track of stock market trends, assessing the momentum and identifying potential overbought or oversold stocks. When a stock's RSI hits above 70, it indicates an overvalued stock, but a bearish RSI shows a loss of bullish momentum leading to a potential reversal.

The Golden Crossover, a technical analysis pattern, has been observed in over 300 stocks and represents a potential shift in momentum from bearish to bullish. It occurs when a stock's short-term moving average crosses above its long-term moving average, indicating a significant buying opportunity for investors.

Historically, we have seen that RIL stock price follows price action and breakout most of the time for intraday trading and should be in any long-term portfolio, says Co-Founder of Financial Independence Services Ankit Choudhary

The company is majority public owned with 55.79% stake, while promoters own the remaining 39.41%. Among public shareholders, mutual funds have no stake, while foreign investors own a marginal 2.38%.

The Nifty has to hold above 19,300 zones to extend the move towards 19,420 and fresh all-time highs of 19,525 zones, according to Chandan Taparia of Motilal Oswal. India VIX was down by 0.59% from 11.53 to 11.46 levels and volatility sunk lower while hovering near its lower band, supporting bulls near immediate support zones.

According to Praveen Singh - Associate VP, Fundamental Currencies and Commodities at Sharekhan by BNP Paribas, on the macroeconomic front, this week's major focus will be US CPI inflation data (June), which is likely to extend its decline. The US dollar may suffer on soft inflation data, thus investors are expected to buy the dips in gold.

Several Indian stocks, including Praj Industries, Granules India, PVR Inox, Mishra Dhatu Nigam, Tata Motors DVR, The Phoenix Mills, Metro Brands, Akzo Nobel India, Sona BLW Precision Forgings and Glenmark Pharmaceuticals, demonstrated strong market performance on July 7, 2023, surpassing their respective last week's high, according to data from StockEdge. The stocks belong to a range of sectors, such as bioenergy, pharmaceuticals, automotive components, paints, and coatings, as well as retail mall development and operation.

“Instead, the issue primarily arose from the existence of thresholds for determination of BOs(beneficial owners) In fact, the thresholds were only lowered (i.e., made tighter) between 2014 and 2019,” Sebi said in its affidavit filed before the Supreme Court.

StockEdge data reveals that 73 stocks were trading in the overbought zone on July 7 based on their high Relative Strength Index (RSI) values. RSI indicates the strength and momentum of a stock's price movements on a scale of 0 to 100. Stocks with RSI above 70 are potentially overvalued and may require caution before investing.

StockEdge has reported 7 stocks that were trading with Relative Strength Index (RSI) trending up, which is a reliable indicator to gauge the momentum of stocks. RSI helps investors identify overbought and oversold conditions, enabling them to make informed decisions regarding the timing of buying or selling a stock.

Dalal Street bigwigs will kick off the Q1 earnings season for India Inc this week. Apart from index heavyweights like TCS, Wipro and HCL Tech, some of the other well-tracked firms such as DMart, Bandhan Bank and Federal Bank are slated to post their numbers.

Zee Entertainment Enterprises, Orient Electric, Thermax Limited and Vaibhav Global Limited showed promising growth on July 7, 2023, by crossing their 100-day Simple Moving Average (SMA). Zee Entertainment Enterprises, a media and entertainment company, closed at Rs 206.15, Orient Electric at Rs 252.30, Thermax Limited at Rs 2273.90

Nifty has given over 10% return in FY24 on a year-to-date basis, led by resilient domestic demand and $14 billion worth of net inflows by foreign institutional investors (FIIs). Prabhudas values Nifty at 12% discount to its 10-year average PE (20.8X) to arrive at a 12-month target of 21,430 in the base case scenario. In the bull case, the 50-stock index could scale 24,353, the brokerage noted.

The Futures Long Position Scan performed on Friday revealed Aggressive New Long positions on 7 largecap counters. This indicates a bullish sentiment in the market, as the average traded and delivered quantity for 5 days along with the cumulative open interest, and the price of the stocks have increased. (Source: StockEdge)

PVR Inox, a prominent player in the Indian cinema exhibition industry, witnessed a significant breakthrough on July 7, 2023. The stock closed at Rs 1439.85, crossing the 50 SMA of Rs 1416.75. PVR Inox operates a chain of multiplex cinemas, providing a wide range of entertainment options to movie enthusiasts.

The Relative Strength Index (RSI) is a popular tool used by investors to evaluate the momentum of a stock's price movement and identify overbought and oversold conditions. StockEdge reported that 39 stocks were trading with a trending-down RSI on Friday, July 7. This article explores the significance of RSI and delves into ten stocks that have witnessed a decline in their RSI potentially offering investment opportunities, including RattanIndia Enterprises, Pidilite Industries, Tata Consumer Products, and CRISIL.

The shares of HDFC are getting delisted from the exchanges following a $64 billion all-stock reverse merger deal with subsidiary HDFC Bank. As per a BSE release, JSW Steel will replace HDFC in Sensex after the delisting. Watch the video to know more.

Nifty has given over 10% return in FY24 on a year-to-date basis, led by resilient domestic demand and $14 billion worth of net inflows by foreign institutional investors (FIIs). Prabhudas values Nifty at 12% discount to its 10-year average PE (20.8X) to arrive at a 12-month target of 21,430 in the base case scenario. In the bull case, the 50-stock index could scale 24,353, the brokerage noted.

Calculations done by global brokerage firm JPMorgan sees Reliance Retail’s enterprise value at $112 billion and implied equity value at $102 billion. UBS has valued it at $110 billion, Bernstein at $111 billion while domestic brokerage JM Financial's estimate is at $105 billion.