​Nifty may signal a trend reversal above 24,140, but stronger price confirmation is needed for aggressive bullish positions.

In a rare instance, the Reserve Bank of India (RBI) made certain adverse observations against Pandey, and it wanted the Department of Financial Services (DFS) to "factor" them in while considering his appointment as CEO, ET reported July 13. The RBI's observations had to do with Pandey's "conduct" and were not related to any vigilance case.

Benchmark indices - Sensex and Nifty - are almost 10% down from their peaks made on September 27, led by a sell-off by foreign investors sparked by a rebound in Chinese equities and disappointing earnings in the September quarter. The Midcap 150 index declined 10.9%, SmallCap 250 index dropped 9.1% and the Microcap 250 fell 8.3% in this period.

India is poised to become the second-largest recipient of global investments after the US during President Trump's second term. Investors are drawn to India's potential as a market, its alignment with Trump's policies, and its strong economic growth prospects, particularly in sectors like energy, infrastructure, and consumer goods.

Select stocks gain momentum even in volatile markets.

Coforge Ltd's stock has been soaring, hitting higher highs and lows since May. Experts suggest the rally might continue, with a potential target of Rs 8,450 in the coming weeks. The stock's strength is evident in its consistent upward trend and ability to bounce back from dips.

Foreign Portfolio Investors (FPIs) continued selling off Indian equities in the second week of November, although at a slower pace than the previous week and month. Despite this trend, FPIs increased their investments in the Indian primary market. Meanwhile, domestic funds continued pouring money into the equity market.

The combined value of stocks listed in the United Arab Emirates has surpassed $1 trillion for the first time. This milestone is largely attributed to a surge in companies linked to Sheikh Tahnoon bin Zayed Al Nahyan, a prominent Abu Dhabi royal, and a wave of new listings in the country.

Valuation is a combination of numbers and narratives. But there is only one way to value – and multiple ways to evaluate. Join ETMarket’s four-day Value and Valuation workshop for a dive into value investing principles and its application in the real world.

The Nifty index has formed a Doji candle near its 200-day exponential moving average (DEMA) support at 23,540, indicating uncertainty. Immediate support is at 23,500-23,540, with a break below 23,500 potentially targeting 23,300-23,200. While the short-term trend is down, a pullback rally remains possible if Nifty holds above 23,500, according to Hrishikesh Yedve of Asit C. Mehta Investment Intermediates.

Indian benchmark indices ended with declines on Thursday, marking their fifth consecutive fall. Today's decline was led by FMCG and pharma stocks, which wiped out earlier morning gains. While the S&P BSE Sensex fell by 110 points, or 0.14%, to close at 77,580, the broader Nifty dropped by 26 points, or 0.11%, to end at 23,532, amid concerns over foreign outflows.Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities, said that the Nifty closed near its 200-day EMA, forming a gravestone doji-like pattern on the daily chart, signaling bearish sentiment. "This suggests a 'sell on rise' approach, as the index hovers in an oversold zone near a key EMA level. A bounce is likely, but it should be seen as an opportunity to sell. If Nifty breaks below the 200-day EMA, selling pressure could intensify. The index has support at 23,450, with resistance expected at 23,650, framing the short-term trading range," De said.Here are 3 stock recommendations for Monday:

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 Thursday's trading session, five stocks saw fresh long positions. Here’s the list:

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 expect prices to decline and are creating short positions. In Thursday's trading session, five stocks saw fresh short positions being built. Here's the list:

In October 2024, mutual funds made significant adjustments to their portfolios, adding and reducing holdings in several mid-cap stocks. Notable acquisitions included 360 One Wam, Tata Chemicals, and Angel One, while key reductions were seen in RBL Bank and CDSL. Here is a list of mid-cap stocks that mutual funds bought and sold in October, according to a report by Nuvama Institutional Equities:

"Mounting concerns over rising CPI inflation and persistent disappointments in corporate earnings weighed heavily on sentiment," Ajit Mishra - SVP, Research, Religare Broking Ltd, said.

The Indian equity market experienced a loss exceeding 2.5% last week due to declining earnings and foreign outflows. Market movements this week will likely be influenced by the Maharashtra election, foreign investor activity, rising bond yields, and global market trends. Several new IPOs and listings are also on the horizon.

In the week ending November 14, the benchmark Sensex index recorded a weekly decline of around 2.4%. During this downturn, seven penny stocks experienced sharp drops ranging from 10% to 25%. Our selection criteria focused on stocks with a market capitalization below Rs 1,000 crore, a share price under Rs 20, and a minimum trading volume of 5 lakh shares. (Data Source: ACE Equity)

The Indian market remained volatile throughout Thursday's trading session. The BSE Sensex fell by more than 100 points, while the Nifty50 closed above the 23,500 level.

There are many MF schemes – maybe not those headed by star fund managers – whose stated objective at the time of the new fund offering (NFO) is clear: To invest in stocks with a certain dividend yield. In a bull market, these MFs may find it difficult to buy such stocks. But as soon as the bears arrive, they not only find the opportunity to do so, but also become bottom makers. Now, bottom makers are buyers who ensure that a stock does not fall below a certain level – in this case, these MFs buy some stocks when they fall to a certain level. Because, at that level, dividend yield becomes reason enough to buy them. Two months back it was tough to find a stock with a dividend yield matching the interest rate of a savings bank account. Today there are some matching rates offered by fixed deposits. But they come with more than the usual caveats.

All segments of the market have witnessed a decline in the last eight weeks. The whole street is talking about FII selling and its impact – and whether or not it is over. It is not the first time – nor will it be the last – that such corrections have taken place. Just this year, in March, market breadth suffered a lot, though at that time the cut in the Nifty and Sensex was lesser than what it has been this time. As an investor, your focus has to be on owning the correct business – and not corrections. Now, what is a “correct business”? Simple: One with a track record of growth; a company that does not require constant doses of capital; and where not only is income generated, it is shared with minority investors as dividends. The other important thing: Stick to the nine basic principles of investing.

Just a couple of months back, an industrial house issued an IPO for one of its group companies. It was heavily oversubscribed. The listing was at a premium, and there was a mad rush to buy the stock. The reason: The group has a track record of corporate governance and wealth creation. Today, in a volatile, falling market, that stock has corrected sharply and is available much cheaper. All talk of big industry and promoters with a track record seems to have vanished just because the Nifty and Sensex are falling. So treat this overall market correction as an opportunity to own a good business with great management. We take a look at four stocks where business is good, promoters have a track record, and the only thing which appears bad is market conditions.

The market is currently in a weak undercurrent, with a potential for a technical rebound. However, sustained selling pressure cannot be ruled out. The market breadth remains weak, and leveraged exposures should be curtailed. A cautious approach is advised for the coming week.

FPIs have continued their bearish stance on Indian markets in November, pulling out Rs 22,420 crore. While they sold Rs 32,351 crore in the secondary market, they invested Rs 9,931 crore in the primary market. FPIs have also turned cautious on Indian debt markets, with outflows reaching Rs 4,717 crore.

Over the past week, the benchmark index has dropped by approximately 2.4%, while the BSE Smallcap index has tumbled 4.6%. Amidst the substantial losses in smallcap stocks, ETMarkets has highlighted the top 15 smallcap stocks, which saw the steepest declines, ranging from 15% to 25%, during this sell-off. (Data Source: ACE Equity)

In October 2024, mutual funds bought Rs 87,200 crore, while FIIs sold Rs 1,04,200 crore in the Indian secondary market. Notable additions by mutual funds on a month-on-month basis include Hyundai Motor, Waaree Energies, Godavari Bio, and Motilal Oswal Financial Services. Here is a list of new stocks that mutual funds bought in October, according to a report by Nuvama Institutional Equities:

Indian markets have corrected 10% from the peak due to weak Q2 results and FII outflows. 103 smallcap stocks declined double-digits, with Kopran Ltd leading the losses at 26%. Other notable declines include Globus Spirits, Antony Waste, and BASF India.

In the five trading sessions leading up to November 14, the Sensex index dropped around 2.47%, or 1,961 points, settling at 77,580, with losses recorded in four of those sessions. Amid this continued market decline, ETMarkets highlighted 12 stocks from the BSE 100 index that saw consistent price decreases throughout this period.(Data Source: ACE Equity)

Oyo's shares are currently trading at a discounted valuation despite the company reporting strong financial performance and projecting significant EBITDA growth. Investors are closely monitoring the market and anticipating a successful IPO in the future, driven by Oyo's impressive profitability and recent acquisition of G6 Hospitality.

MRF, Cochin Shipyard, ONGC and Ashok Leyland are in focus due to upcoming record dates for dividends and stock splits. Shareholders need to hold shares on the record date to be eligible. Buying the stock one day before the ex-date ensures eligibility for dividends while buying on the ex-date excludes such benefits.

Samir Arora cautioned investors not to get overly excited by CLSA's increased allocation to India. He believes that investors were shifting to the US, not from India to China. He also suggests that the India-to-US trade shift has likely played out, with the opportunity to profit from this trend now missed.

The recent market correction, fueled by FII selling, global uncertainties, and weak earnings, has caused concern among investors. However, historical data shows that market corrections are a normal part of the cycle. Mutual fund inflows indicate investor confidence. While short-term volatility may persist, the long-term outlook for the Indian market remains positive. Investors should stay focused on their long-term goals and avoid making impulsive decisions based on short-term market fluctuations.

Morgan Stanley increased its target price for Zomato to Rs 355, indicating a 31.7% upside. The brokerage firm remains bullish on Zomato due to its strong execution in food delivery and quick commerce, deep balance sheet, and potential for a large profit pool by 2030.

Indian IT services are poised for growth, fueled by a favorable US business environment and rising technology spending. Despite past immigration challenges, the sector adapted, and with anticipated tax cuts and increased investments in healthcare and banking, companies like Coforge and HCL Technologies are well-positioned to lead.

Nvidia's upcoming earnings report is poised to significantly influence the U.S. stock market, as investors seek direction following the recent election rally. The company's dominant position in AI and strong projected growth are expected to impact tech stocks and overall market sentiment.

Wall Street's major indexes experienced their most significant single-day decline in two weeks, driven by concerns over a potential slowdown in interest rate cuts and reactions to President-elect Donald Trump's cabinet appointments.

Global stocks were on track for their biggest weekly decline in two months as investors adjusted to the possibility of a slower pace of interest-rate cuts by the Federal Reserve. Stronger-than-expected economic data and hawkish comments from Fed officials, including Chair Jerome Powell, contributed to the market's recalibration.

European shares fell on Friday, dragged down by disappointing earnings, concerns about the impact of U.S. President-elect Donald Trump's policies, and a jump in Treasury yields. Investors were also concerned about U.S.-China relations and the impact of Trump's pick to lead the Department of Health and Human Services.

CLSA has increased its investment in Indian stocks while decreasing its investment in Chinese stocks. This decision comes after a period of optimism about the Chinese market, which has since faded due to concerns about trade tensions with the US and a lack of significant economic stimulus from Beijing.

Loan disbursal to microfinance borrowers decreased by 29% in the second quarter. Banks reduced lending more than non-bank lenders. The microfinance market is experiencing stress due to previous over-supply of credit. The outstanding loan portfolio has also decreased. The sector is facing challenges like over-leveraging and inaccurate income assessments.

Indian investors poured money into exchange-traded funds and index funds in October. Pension fund EPFO led the way, investing heavily during a market dip. Mutual funds remained active buyers, absorbing foreign investor sales. Mid-cap and small-cap funds saw record inflows. Investors favored sectors like MNCs, consumption, and infrastructure.

More than $10 billion worth of stocks were sold by FIIs in October. But remember: Over $10 billion worth of stocks were also bought that month – by DIIs, retail investors, or family offices. Leaving aside who bought or sold, both the buyer and seller paid for three things: Brokerage, transaction charges, and STT. The current phase may be bearish for you, but for some companies in the stock market ecosystem they were not at all bearish. And buying-selling is an endless cycle in the market. So whether the street is in the grip of bulls or bears, these companies will always make money as trading volumes can only increase in the Indian markets.

The Dow Jones Industrial Average declined by 162.9 points, or 0.37%, to open at 43,587.93. The S&P 500 dropped 36.4 points, or 0.61%, opening at 5,912.79, while the Nasdaq Composite fell 177.7 points, or 0.93%, to begin the day at 18,929.92.

CLSA reverses its investment shift from India to China, citing economic concerns in China, trade tensions, and rising U.S. yields. It increases India exposure, despite risks like market issuance surge.

When it comes to Q2 earnings, there is no debate on the street. There is a rare and clear agreement that they have been disappointing. Most companies – across sectors – have reported muted growth. Is this cyclical? Or an indication that the pace of growth is slowing? The answer to this will be clear in the next few months. But even in this phase, there are companies that have shown improved performance. And when we say improved, we mean not only YoY, but also QoQ. Is the performance better because of industry factors? Or because individual companies did better thanks to internal efficiency?

CLSA reverses its investment shift from India to China, citing economic concerns in China, trade tensions, and rising U.S. yields. It increases India exposure, despite risks like market issuance surge.

It is important to know the reason why you are buying a stock – it has a direct correlation to the amount of time you may hold it. It is equally important, however, to assign a reason for selling a stock at a particular point of time. Why? Because that has a strong correlation to the probability that you will buy the stock again – at a higher price. To illustrate: A recent development in Brazil led to a spike in global sugar prices. Now, if you bought a sugar stock because of that, you may sell it. But if you bought it because sugar companies are transitioning from the agro to the clean energy sector because of ethanol – then you got it right, and there is no reason to sell. In fact, something interesting happened – or did not happen – before the coming Maharashtra elections which adds to the list of reasons why sugar stocks should not be sold.

Indian stock markets will be closed on November 15 and 20 for holidays. Market sentiment remains weak amid FII outflows, weak Q2 results, and rising inflation, with analysts predicting further corrections.

India's retail investment boom is driven by tech and gamification but raises risks. Regulatory reforms on transparency, investor education, and gamification practices are essential to ensure long-term financial stability.

Trump's U.S. return could shift crypto policies, benefiting global markets, including India. Potential deregulation may prompt India to reconsider its strict stance, offering opportunities for growth, innovation, and cross-border partnerships.