A long buildup occurs when open interest and trading volumes increase alongside a rise in the underlying stock price in the Futures and Options segment, signaling a bullish market trend. In Friday's trading session, five stocks saw fresh long positions. Here’s the list:

HDFC Bank may see $1.8 billion inflows from MSCI weight increase, despite recent underperformance, with strong deposit and advance growth reported for Q2 2024.

A short buildup occurs when there is a rise in open interest and trading volumes, coupled with a decrease in the price of the underlying stock in the Futures and Options segment. This indicates that more traders are expecting the prices to decline and are creating short positions. In Friday's trading session, five stocks saw fresh short positions being built. Here's the list:

Domestic brokerage firm Axis Securities is optimistic about nine large-cap stocks across sectors like banking, financials, telecom, and IT, forecasting potential gains of up to 30%. These stocks include prominent names like HDFC Bank, SBI, Bharti Airtel, Cholamandalam Investment & Finance, and HCL Technologies.Here's a list of 9 largecap stocks that can rally up to 30%, according to Axis Securities:

Shares of DMart fell by 5% to Rs 4,701.90 following a 14% growth in standalone revenues to Rs 14,050 crore for Q2 and the addition of 6 new stores. Brokerage firms have mixed views; Macquarie is optimistic, Goldman Sachs recommends selling, while Morgan Stanley remains positive.

It is the auto sector that largely drove the market rally in the last three years. With good reason. Historically, rallies led by the transportation and auto sectors are more durable. For, sales of LCVs and certain other auto segments reflect the economic situation on the ground. The flip side? While the mad rush drove up stock prices, it also sharply pushed up valuations. At the same time, the Indian auto sector is going through a transformation and companies are adjusting to it quite well. So we have a situation where the fundamentals are good and improving, but valuations are pricey. In all likelihood we might see some cooling-off – the first signs of which were visible on Thursday. It could be an opportunity for investors who missed the bus and are looking for long-term candidates.

Goldman Sachs has a Sell rating on Avenue Supermarts with a target price of Rs 4,050, citing growth slowdowns linked to Q-Commerce and a 2% cut in FY26/27 EPS estimates. Macquarie maintains an Outperform rating at Rs 5,600, noting moderated sales growth and below-estimate store additions. Morgan Stanley holds an Overweight rating on M&M (target price Rs 3,304), expecting the Thar's monthly run rate to rise to 8,000-10,000 units.

Divyadhan Recycling Industries shares debut on NSE SME at Rs 84, a 31.25% premium over the issue price of Rs 64. The IPO was subscribed 41 times, with high interest from non-institutional investors. The company plans to use Rs 17.03 crore for plant and machinery, with some funds set aside for general corporate purposes.

Citi has given Varun Beverages a 'Buy' rating with a target price of Rs 800, citing strong market position and growth prospects. Despite this, shares fell 3% to Rs 570. HSBC also rated it 'Buy' at Rs 780, highlighting potential for market share gains through innovative marketing.

Shares of Bajaj Finance dropped by 2.6%. Despite this, new loans grew by 14% in Q2FY25. Assets under management rose by 29% to Rs 3.73 lakh crore. Global brokerages Morgan Stanley and Jefferies remain optimistic, with target prices of Rs 9,000 and Rs 8,410 respectively. Net profit grew by 14% in the first quarter.

On October 03, the closing prices of four stocks dropped by more than 2.5% relative to the VWAP (Volume Weighted Average Price), and a shift below the VWAP suggests a potential bearish trend, according to stockedge.com's technical scan data. When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which it was traded throughout the day, with the average being weighted by trading volume. This can be seen as a potential indication of increased selling pressure.

Tata Steel Ltd experienced a breakout from an Ascending Triangle formation on the daily charts, suggesting potential for further gains. Traders are advised to buy the stock at current levels or on dips, targeting its previous high of Rs 186, with a stop loss at Rs 150.

On October 3, four stocks with a market cap over Rs 10,000 crore came to the bullish scanner of "White Marubozu", according to stockedge.com's technical scan data. A White Marubozu is a bullish candlestick pattern in technical analysis. It occurs when the opening price is the lowest for a given period, and the closing price is the highest. Represented by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it indicates strong buying pressure throughout the session. Traders interpret it as a signal that buyers were in control from the opening to the closing, often using such patterns for informed decisions about future price movements in financial markets.

Vedanta achieved its highest-ever quarterly and half-yearly aluminium production at 1205 kt. Alumina production increased 21% YoY, and Zinc India's refined metal production rose 5% YoY. The company also saw a 37% YoY growth in consolidated net profit for Q1 ending June 2024.

In just four trading sessions, the Sensex has dropped over 3,300 points as FIIs pulled out nearly Rs 32,000 crore from D-Street. China's market appeal and growing fears over the Iran-Israel conflict have spooked global investors. With concerns over high valuations as retail investors remain confident across price points, there is rising uncertainty about a potential market crash during the festive season.

HDFC Bank reported a 15% year-on-year rise in deposits to Rs 25 lakh crore for the quarter ending September 2024. Advances under management increased by 8%, reaching Rs 26.33 lakh crore. Gross advances grew by 7% to Rs 25.19 lakh crore. CASA deposits rose 8% to Rs 8.83 lakh crore. The bank's liquidity coverage ratio averaged 127%.

Nifty 50 Today: Blue-chip indices Sensex and Nifty50 opened lower for the fifth straight session, dragged down by weak global cues and declining financial stocks.

Indian market may consolidate on Friday influenced by mixed global cues. Nifty futures closed at 25,478 on Thursday with a loss of 1.89%. Experts recommend short-term buys in stocks like Dalmia Bharat, Angel One, Granules India, Cipla, TCS, Jubilant Pharmova, HDFC Bank, and Vijaya Diagnostic Centre with specified targets and stop losses.

Mahindra & Mahindra's newly launched Thar ROXX garnered 1.76 lakh bookings within the first hour, marking record-breaking figures. Deliveries start on Dussehra day. Strong consumer interest underscores its market appeal. Additionally, Mahindra announced its entry into the electric small commercial segment with the ZEO four-wheeler.

Shares of Shilpa Medicare will be highlighted as its subsidiary, Shilpa Pharma Lifesciences, obtained a certificate of suitability from European regulators for Desmopressin. This API is used in diabetes treatment. The certification marks a milestone for the company. Shilpa Medicare's stock has increased notably in 2024 despite recent declines.

Bajaj Housing Finance focuses on its debut business update, reporting AUM of Rs 1,02,550 crore, up 26% YoY. Loan assets rose to Rs 89,860 crore. The stock debuted with a 135% gain. Bajaj Finance also reported 92.09 million customers and a 14% increase in new loans, while its deposits grew by 21%.

he manager of the top-performing $23 billion GQG Partners Emerging Markets Equity Fund has kept his holdings in Chinese stocks at about 12% of the fund — roughly half of the weighting of its benchmark

Forge Auto International debuts on the NSE SME platform today. The company's shares have a grey market premium of Rs 15. The stock is expected to see a 14% gain, assuming the upper price band of Rs 108. The IPO funds will be used for working capital, repayment of borrowings, and general corporate purposes.

DMart's shares are under the spotlight after reporting 14% revenue growth to Rs 14,050 crore in Q2 and adding 6 new stores. The company aims for 45 new stores in FY25 and has a medium-term goal of 45-60 stores annually. Sustainability initiatives are reducing power costs, with land purchases indicating accelerated store expansions.

Mahindra & Mahindra Financial Services expects a 1% year-on-year decline in overall disbursement to approximately Rs 13,160 crore for Q2FY25. Their H1FY25 disbursement is projected to grow by 2% YoY to Rs 25,900 crore. The company reported strong liquidity and projected growth in business assets, despite recent share performance being below Nifty.

Jupiter Wagons declares an interim dividend of Re 1 per share, with October 7 set as the record date. Payment will be made by October 17. Over the last year, the stock has nearly tripled, providing multibagger returns of 180% YTD and 102% over the past six months.

Bank of Baroda's global advances grew by 11.60% YoY to Rs 11.43 lakh crore as of September 30, 2024, while global deposits increased by over 9% to Rs 13.63 lakh crore. Domestic advances rose by 12.51% YoY. Quarterly earnings will be announced later.

Asian stocks fell on Friday due to rising tensions in the Middle East, while oil prices saw their biggest weekly gain in over a year. U.S. President Biden said the U.S. is discussing strikes on Iran's oil facilities. Markets are also anticipating the release of a key U.S. jobs report later today.

Bajaj Finance shares will be watched closely on Friday due to a business update for Q2FY25. The company reported a 14% rise in new loans, a 29% increase in AUM, and a 21% growth in deposits. Net liquidity surplus stood at Rs 20,100 crore. The stock showed modest year-to-date gains.

In the NSE large-cap pack, eight stocks' close prices crossed below their 200 DMA (Daily Moving Averages) on October 3, according to stockedge.com's technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock's price is below its long-term trend line. The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock. Take a look:

Diffusion Engineers shares will debut on the exchanges on Friday. The company's shares were trading with a GMP of Rs 58 in the unlisted market. The IPO had a strong response with nearly 115 times subscription. Proceeds will be used for expansion and other purposes. Revenue and net profit saw significant growth in financial year 2024.

Reliance Power Share Price: Reliance Power's board approves raising $500 million through 10-year, unsecured FCCBs with affiliates of Värde Investment Partners. The funds will aid business expansion, investments, and debt reduction. Additionally, an ESOS scheme for employees is set up, leading to a 5% stock surge on Thursday.

Sahasra Electronics is set to debut on the NSE SME platform, with shares trading at a GMP of Rs 172. The Rs 186 crore SME IPO was highly subscribed at 122 times. Proceeds will fund capital expenditures and working capital. The company serves global markets and reported robust financials for FY24.

Nexxus Petro Industries will debut on the NSE SME platform with shares trading at Rs 0 GMP in the unlisted market. Engaged in trading and manufacturing bitumen, the company serves the infrastructure sector. It reported Rs 28.83 crore revenue and Rs 3.48 crore profit in FY24.

U.S. stocks ended lower on Thursday as investors awaited the monthly payrolls report and monitored the conflict in the Middle East. New unemployment claims rose marginally. The S&P 500 remains up 19.5% for the year. Rising oil prices impacted energy shares positively. A port strike may affect consumer prices.

Benchmark BSE Sensex plunges 1,769 points amid West Asia conflict, hitting a three-week low. Key stocks in focus include Godrej Properties, Angel One, and ITC. Technical analysts suggest Godrej in a no-trade zone, bullish prospects for Angel One, and cautious optimism for ITC.

“Bombay Burmah Trading Corp. stock has successfully broken out of a Flag Formation, indicating potential upward momentum. Additionally, it is trading above its 50-day Moving Average, reinforcing the positive trend. Traders can buy for a target of Rs 3130-3580 in the next few weeks,” Kkunal V. Parar, Vice-President of Technical Research and Algo, Choice Broking, said.

Six stocks, including Bandhan Bank and RBL Bank, are under F&O trade ban on Friday. This ban occurs when open interest exceeds 95% of the market-wide position limits. The open interest levels for these stocks vary, with some decreasing and others increasing recently. Indian benchmark indices also faced a significant fall on Thursday.

Immediate support is seen at 25,000, followed by 24,750, while 25,500 is expected to act as the immediate resistance. Traders should closely monitor these key levels, as a break below support could trigger further downside, while resistance at 25,500 may cap any short-term recovery attempts, said Hardik Matalia of Choice Broking.

M&M Financial is likely to be in focus as the company said it is expecting a 1% year-on-year decline in the overall disbursement in the second quarter.

The finance company is likely to move towards "predictable profitability" by the end of this fiscal year as it shrinks its legacy book, which is expected to decrease the volatility in the earnings number, he said. Consistency in earnings is a factor that most investors have preferred over surprises.

Investors are concerned that, should Israel strike critical Iranian assets, the Islamic Republic will lash out and escalate the conflict, dragging in more countries and potentially disrupting global energy shipments. Israel said it bombed more than a dozen Hezbollah targets in Beirut on Thursday.

Refex, which is in the business of ash and coal handling and electric vehicle mobility, also has a presence in refrigerant gases, and power trading.

The weekly index derivatives contracts on Sensex 50 will be discontinued with effect from November 14 end of day while Bankex will be discontinued from November 18.

Brokerage Morgan Stanley has upgraded shares of JSW Steel and Jindal Steel and Power to 'overweight' from 'equal-weight', while Tata Steel is now rated 'equal-weight' as compared to 'underweight' earlier. Nomura India has also initiated coverage on both JSW Steel and Jindal Steel with a 'buy' rating.

By the end of September, the gap between credit and deposit growth in India's banking system has narrowed to 162 basis points from 220 basis points. This change reflects regulatory efforts to increase deposits while de-risking the financial system, as demand for loans continues to rise.

Select stocks gain momentum even in volatile markets.

The Reserve Bank of India's income from reserve assets surged 52% to $4.1 billion in the June quarter, driven by higher returns on bonds and deposits. However, US Federal Reserve rate cuts could affect these gains. Higher commission on dollar sales and valuation gains from gold prices contributed significantly.

Small finance banks and microfinance lenders are setting a cap of four live loans per borrower. This is a precautionary step to avoid defaults due to unsecured loan stress. The RBI has already raised concerns about rising delinquency levels and multiple live loans, prompting this move. Utkarsh Small Finance Bank follows this four-loan cap policy.

On Tuesday, the government reconstituted the six-member MPC, appointing three new external members for a four-year term. The new members are Ram Singh, Saugata Bhattacharya and Nagesh Kumar. Singh is director, Delhi School of Economics, Bhattacharya an independent economist, was formerly chief economist at Axis Bank, while Kumar is director and chief executive at the Institute for Studies in Industrial Development, New Delhi.